1 m² Commercial space in Kempton Park Central
Kempton Park Central, Kempton Park, Gauteng
Lettable area read from the listing title — the lister did not state a figure. Confirm on inspection.
Listed by
Solly Gild
BidX1 South Africa (pty) Ltd BIDX1 South Africa
Details
Online Auction 18th October - Bidding will start at R8 000 000 This sale is Subject to Confirmation by the Parties involvedEXCELLENT INVESTMENT OPPORTUNITY Fully Let Apartment Block in Kempton Park CBDSecure 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 000Property Breakdown:10 Spacious 2-bedroom apartments2 112-bedroom units12 Large bachelor units10 Compact bachelor units14 Parking bays availableThe building is 100 tenanted, offering reliable rental returns from day one with current revenue around R160 000 per month and promising steady capital growth.Why This Location Works:Prime central position within Kempton Park CBDMinutes from OR Tambo International AirportQuick access to the Gautrain Station, major taxi routes, and key transport corridorsClose to shopping centres, schools, and essential amenitiesThis is an ideal addition for investors looking to grow their portfolio with a stable, revenue-generating property. Dont let this opportunity pass you by.The Purchaser is required to acquaint themselves with the property and all matters related thereto, including but not limited to its condition, location, and any improvements there online Auction 10 Sept 2026 - Bidding will start at R8 000 000, Register to bid on our website or call agent for more information.Please ensure that you familiarize yourself with the Conditions of Sale, Rules of Auction, and all other legal documentation available. By registering and placing a bid, you acknowledge that you have read and understood these documents and agree to be bound by their terms and conditions.A 10 deposit and 5 auctioneers fee Excluding VAT on fee is due and payable by the highest bidder once bidding has closed.
Location
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