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R4,200,000

9 bedroom mixed use for sale in Kempton Park Ah

9 Beds
9 Baths
1 Garage
1,338m²
Reduced
Commercial Shops With 9 Residential Units For Sale

Welcome to an exceptional investment opportunity nestled in the bustling heart of Kempton Park's Central Business District. This versatile property, previously utilized by its owner for a security company, offers an incredible blend of residential and commercial possibilities, making it an ideal choice for astute investors.

The ground floor of the building is designed to accommodate up to four commercial shops, each benefiting from excellent visibility and accessibility. This prime location, situated in one of the busiest areas of Kempton Park CBD, ensures a constant flow of potential customers and clients. These retail spaces have the potential to generate up to R12,000 per month per unit, depending on how the new owner chooses to utilize them. Some partitioning may be required to optimize the space.

Beyond the commercial front lies a residential haven. The property features nine newly renovated units, each typically renting for R5,200 per month. These units are complemented by multiple bathrooms strategically located throughout the building, adding convenience for residents or tenants.

In addition to the residential units, the property includes six storage spaces at the rear. These can be transformed into additional residential accommodations, offering even more rental potential. Separate male and female ablution facilities ensure comfort and privacy for all occupants.

The entire property is equipped with full CCTV coverage, providing peace of mind and security. This rare gem effortlessly combines residential and commercial opportunities within a thriving urban setting.

Don't miss out on this unique investment opportunity. Contact us today to discover all the potential this exceptional property has to offer!

Property Type
Mixed Use
Bedrooms
9
Bathrooms
9
Stand Size
1,338m²
Garages
1
Garden
Yes
Reference
2328463
Estimated monthly costs
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R43,351
Home loan repayment
R43,351
Utilities
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R0
Property history
Listed for sale at R4,799,999
15 Oct 2024
Price reduced by 12.5% to R4,200,000
30 Jan 2025
Get to know Kempton Park
The city of Kempton Park is situated in the East Rand and serves as an important link for many businesses due to its proximity to Johannesburg and OR Tambo International Airport.
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