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R2,700,000 | 8 Bedroom Freehold For Sale in Kempton Park Ext 2

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R2,700,000

Monthly Bond Repayment R27,869.08
Calculated over 20 years at 11.0% with no deposit. Change Assumptions

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Monthly Rates
R1,152
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Investor Opportunity – Development Potential with Guest House Income!

Investor Opportunity – Development Potential with Guest House Income!
Calling all investors and developers! This is a rare chance to own three neighbouring properties in Kempton Park with an application in place to rezone from Residential 1 to Residential 4 – perfect for high-density residential development.
Please note: The three stands are not yet consolidated, but are being sold separately or together.

Rezoning application already submitted and approved subject to prescribe conditions!
For the rezoning schedule and general conditions related to the approval, please send us your request.
Whether you want to continue running the guesthouse or develop high-density housing, this location is ready to work for you.
3rd Property (additional guesthouse space):
5 spacious double rooms and one bathroom
3 flats
3 storerooms
2 carports
10+ off-street parking bays behind a locked gate


Prime Location – Close to Key Amenities:
OR Tambo AIrport

Features

8
4
Pets Allowed
No
Interior
Bedrooms
8
Bathrooms
4
Furnished
No
Exterior
Security
No
Parkings
10
Pool
No
Sizes
Land Size
1,041m²
1
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