12 Bedroom House in Kempton Park Ext 1

Income-Generating Property with 15.3 Gross Rental Yield Kempton Park

12 Rental Rooms | R21,000 Monthly Income | 1,280m² Stand | Development Potential

An income-producing investment with potential for future growth.

Priced at R1,650,000, this income-generating property in Kempton Park offers approximately R21,000 in monthly rental income, an estimated gross rental yield of 15.3, and potential to unlock further value from its substantial 1,280m² stand.

The property has been converted into 12 rental rooms, creating an established rental income stream for investors looking to expand their property portfolios.

Investment Highlights

Asking price: R1,650,000

1,280m² stand

12 rental rooms

Approximately R21,000 monthly rental income

Approximately R252,000 annual rental income

Estimated gross rental yield of 15.3

Potential for further residential development, subject to zoning and approvals

Potential for retail or commercial development, subject to applicable permissions

Less than 10km from OR Tambo International Airport

Convenient access to the R21 and other major transport routes

Development Potential

The generous stand presents an opportunity for investors and developers to investigate future development options, potentially including additional residential units or other permitted uses. Any proposed development will be subject to zoning, municipal approval, building regulations and infrastructure capacity.

Strategic Kempton Park Location

The property''s proximity to OR Tambo International Airport and access to the R21 and other major routes add to its appeal for investors considering rental accommodation and longer-term property opportunities.

Income Today. Potential for Growth Tomorrow.

Whether you are seeking an income-generating addition to your portfolio or a property with potential for future development, this opportunity combines existing rental income with scope to explore further value creation.

Contact Barbara today to arrange a viewing and explore the investment potential.