17 Bedroom Business in Rhodesfield, Kempton Park Pending Sale for R #1972790

Business Zoned Income Producing Property Generating R508,800 P/A

Ref # 1972790 : Rhodesfield , Kempton Park , Gauteng

Under Offer


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Property Details


Property Details:

The property consists of 13 separate apartments ranging in size:

3 × Apartments - units 3,4,12

Currently being rented @ R 2,500

3 × Apartments - units 1,2,5

Currently being rented @ R 3,200

5 × Apartments - units 6,7,8,9,10

Currently being rented @ R 3,500

1× Apartment - unit 11

Currently being rented @ R3,800

1 × Apartment - unit 13

Currently being rented @ R4,000

Total rental R42 400

All apartments are equipped with en-suite bathrooms and kitchens.

The property is situated in the heart of Rhodesfield close to all amenities and on route to public transport.

The property sits on a sizable 1071m² stand, which offers ample parking for all the tenants.

The property is very secure with high perimeter walls and electric gates.

All the tenants are happy staying at the property and would be prepared to sign new leases with the new purchasers, alternatively the new purchaser can decide to keep the tenants or replace them.

Auction Details:

Venue: Onsite

Address: 12 Commando Street, Rhodesfield

Date: TBA


Property Features

  • Property Type Business
  • Beds 17
  • Bath 13
  • Building Size
  • Stand Size 1,071m²

Associated Costs

  • Rates & Taxes ± 2153


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