7 Bedroom House in Kempton Park Central

1280Sqm Kempton Park Site 20 Rooms, R31k Income 3-Storey Development Potential

North Rand, Kempton Park

Asking Price: R2,690,000

This is not just a rental property its a strategic high-density development opportunity with immediate cash flow.

Set on a generous 1280sqm stand, this property currently generates R31,000 per month from 20 rental rooms, offering approximately 13.8 gross yield at asking price.

Current Income & Position

20 income-producing rooms

Monthly rental income: R31,000

Annual income: R372,000

Strong rental demand in the area

The existing income reduces holding costs while development plans are prepared.

Development Potential

Located in a pocket of North Rand where multiple residential properties have already been converted into blocks of flats, this site offers strong redevelopment prospects.

The stand size allows for a 3-storey block of flats subject to municipal approval ideal for:

Multi-unit residential development

Sectional title investment strategy

Long-term high-yield rental portfolio expansion

Example conservative development scenarios:

12 x 2-bedroom units R6,000 R72,000month

18 x 1-bedroom units R4,500 R81,000month

This represents significant upside from current income levels.

Why This Site Makes Strategic Sense

1280sqm stand in a densifying area

Existing income reduces development risk

Proven redevelopment activity in surrounding properties

Strong rental demand within North Rand corridor

Close to major transport routes & OR Tambo International Airport

Large stands with income and vertical development potential are increasingly rare in Kempton Park.

Ideal For

Experienced property developers

Portfolio investors seeking scale

Buyers looking to secure land in a transitioning high-density node

Buy it for the land.

Earn from it while planning.

Develop it for scale.

Serious investors and developers are invited to enquire.