Office Building For Sale in Kempton Park Central

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, bath-tub and a toilet.The complex is secure and well maintained. The location is excellent within walking distance to all major amenities, easy access to main routes and a stone-throe away from a private hospital. Please call your friendly agents for that exclusive viewing and more information on financials.

A 10% deposit and 5% auctioneers fee (plus VAT on fee) is due and payable by the highest bidder once bidding has closed. See Legal tab for Special Conditions.
Please note: All legal documents can be viewed by clicking on the 'Legals' tab above, in order for you to carry out due diligence in relation to the property. By doing so, this will also then ensure that you are continuously updated regarding any pricing changes on the property before the auction
VAT

Please refer to Legal Documents