This well-positioned property offers an excellent investment opportunity in the sought-after area of Cresslawn, Kempton Park. With a spacious 1,200 square meters of land, the property is generating a steady rental income of R14,000 per month, with the potential to earn even more through strategic upgrades and improvements.
Key Features:
Land Size: 1,200 square meters
Current Monthly Rental Income: R14,000
Potential for Increased Earnings: Additional rental income potential through property expansion or redevelopment (subject to zoning and planning approval).
Prime Location: Situated in a growing commercial and residential area, ensuring future property value appreciation.
Tenant Demand: Strong demand for rental properties in Kempton Park due to its proximity to key amenities, transport links, and employment hubs.
Investment Highlights:
Stable Cash Flow: With current rental income of R14,000 per month, this property provides a solid and consistent cash flow.
Upside Potential: The large land area offers opportunities for further development or subdivision (subject to local council approvals), which could significantly increase rental income.
Location Benefits: Cresslawn is a well-established suburb with easy access to major roads, schools, shopping centers, and the OR Tambo International Airport, making it highly attractive to tenants.
This is an ideal property for investors looking for a reliable rental income with the potential for capital appreciation and higher returns in the future.
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