Similar Results:

0 bedroom apartment for sale in Kempton Park - 75247

Property Summary Property reference:

2 FOR THE PRICE OF 1!!!! FOR SALE IN KEMPTON PARK: 2 WELL MAINTAINED BLOCKS OF FLATS ON ONE PROPERTY.

A property for a long term investor. This erf has 2 blocks of flats, separated by a large communal garden. There are 20 units in total. Currently the flats are rented out and producing a satisfying income. The complex is kept very neat and to high standards. There are 4 x large 2 bedroom flats (86m² each); 4 x medium 2 bedroom flats (70m² each); 12 x large 1 bedroom flats (64m² each); 2 x separate small 1 bedroom bachelor flats; 3 x storage rooms; 14 x lock-up garages (18m² each); 12 x undercover parkings, charged at R70.00 per month each (15m² each) and 1 x servant’s toilet. 14 units have been upgraded and there are only 6 units left to renovate. There is a borehole with existing pump and a communal swimming pool. Each unit has its own electricity meter which gets read each month, and the stoves are included in the sale. The demand for properties in Kempton Park is on the increase as the Gautrain is now complete, and rentals are in high demand with the current economic situation. The property is very central to shops, schools, hospital, police station and 5 min drive to O.R. Tambo International Airport. A golden opportunity waiting for the right investor. Become the proud owner of this income generating property. Don’t let this one slip away … call now for an exclusive viewing. GENERAL INFORMATION: Usage: D01 – Block of flats; Category: 1 – Residential; Extent (m²): 3866 (1 block 1933 m²).

Features

• Contact: Christelle Rentsch
• Mobile: 0832862823
• Phone: 0119790653
• Email: kempton@fineandcountry.co.za
• Apartment
• Asking Price