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R 2 800 000

Commercial Property On Auction in Kempton Park Central

4 Jubilee, Kempton Park Central, Kempton Park

1 m²

AUCTION

Contact Broker

Solly Gild

Show Contact Number

Online Auction 27th March 2024 Invited Opening Bid R2 800 000

This sale is Subject to Confirmation by the Parties involved.

This centrally located estate offers a very peaceful and tranquil lifestyle. Located in the heart of Kempton Park, the residents of this place enjoy living in small community as there are only 7 units in the estate. I unit currently empty with net monthly rental of 6 units bringing in R32,464 plus recoveries.There are prepaid electricty and water meters.

Fully let annual net income is R455,000 per annum

Upside potential

The units are all duplexes that have on ground floor separate kitchens with ample cupboards and a lounge with a back door that opens into a private garden with a braai area. Here residents enjoy relaxing with friends and family. There is a guest toilet on this floor.

Upstairs the units feature two bedrooms each with built-in cupboards. All units have balconies.The bathrooms have a basin,...

Listing number: P24-114050429, Image number: 1

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Property Overview

Listing Number

114050429

Type of Property

Commercial Property

Street Address

4 Jubilee, Kempton Park Central

Listing Date

25 February 2024

Floor Size

1 m²

Points of Interest

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