EXCELLENT INVESTMENT OPPORTUNITY – Fully Let Apartment Block in Kempton Park CBD
Secure a strong, income-producing asset in the vibrant Kempton Park CBD — an area known for consistent tenant demand and superb convenience.
GROSS ANNUAL INCOME R1,920 000
Property Breakdown:
• 10 × Spacious 2-bedroom apartments
• 2 ×
1½
-bedroom units
• 12 × Large bachelor units
• 10 × Compact bachelor units
• 14 Parking bays available
The building is 100% tenanted, offering reliable rental returns from day one with current revenue around R162 000 per month and promising steady capital growth.
This is an ideal addition for investors looking to grow their portfolio with a stable, revenue-generating property. Don’t let this opportunity pass you by.
Location
Prime central position within Kempton Park CBD
• Minutes from OR Tambo International Airport
• Quick access to the Gautrain Station, major taxi routes, and key transport corridors
• Close to shopping centres, schools, and essential amenities
Additional Details
A 10% deposit and 5% auctioneers fee (plus VAT on fee) is due and payable by the highest bidder once bidding has closed
. See Legal tab for Special Conditions.See this lot on BidX1 — photos, legal pack and registration →
What is it worth?Members see the similar-size properties for sale in Kempton Park, the market price they give this one, the profit at the opening bid, and the area’s Deeds Office sales by year.
Lot details are taken from BidX1’s website and change often; sales may be postponed, withdrawn or sold beforehand. Confirm with the auction house and read its conditions of sale before you bid. Market prices are estimates from asking prices of similar properties for sale.