Description
44 Noord Rand Road, Kempton Park, Gauteng, South Africa
Property Summary
This sale is Subject to Confirmation by the Parties involved
Erf 68
Erf Extent 1301
34 Flats
CURRENT GROSS ANNUAL RENTAL INCOME R1,920 000
Property description
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.
