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Apartment For Sale in Kempton Park, Kempton Park
R 2,200,000
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):1301
Description
Prime Location, Prime Potential: Reimagine Your Future in Kempton Park CBD
Calling all visionary developers and builders! Are you searching for a high-impact project with exceptional potential in a thriving location? Look no further than this prime piece of land in the heart of Kempton Park CBD, poised for transformation into a modern, two-story apartment building.
While the current state may appear unassuming, don't be fooled by the surface. This generously sized plot presents a blank canvas brimming with opportunity. Envision 19 well-appointed apartments, a mix of 5 spacious two-bedrooms and 14 cozy one-bedrooms, catering to the diverse needs of Kempton Park's vibrant community.
Here's why this project is destined for success:
·Strategic Location: Situated in the bustling CBD, your development will be steps away from essential amenities, vibrant nightlife, and convenient public transportation. This ensures high occupancy rates and rental potential.
·Booming Demand: Kempton Park is experiencing rapid residential growth, fueled by a thriving economy and an influx of young professionals. Your apartments will cater to this burgeoning demand for modern, central living.
·Favourable Rezoning: With rezoning for a two-story apartment building already in progress, you'll benefit from streamlined approvals and expedited construction timelines. Get ahead of the curve and capitalize on this prime location before it's too late.
·Exceptional Investment Opportunity: This project promises attractive returns on investment. With well-designed apartments, a prime location, and strong rental demand, you can expect consistent income and long-term value appreciation.
Property Reference #: 7002001-45566
Agent Details:
Alet & Paul Marais
eXp Realty - Steven Johnstone Group
1 Apple Street
Kenilworth
Cape Town
7708
Calling all visionary developers and builders! Are you searching for a high-impact project with exceptional potential in a thriving location? Look no further than this prime piece of land in the heart of Kempton Park CBD, poised for transformation into a modern, two-story apartment building.
While the current state may appear unassuming, don't be fooled by the surface. This generously sized plot presents a blank canvas brimming with opportunity. Envision 19 well-appointed apartments, a mix of 5 spacious two-bedrooms and 14 cozy one-bedrooms, catering to the diverse needs of Kempton Park's vibrant community.
Here's why this project is destined for success:
·Strategic Location: Situated in the bustling CBD, your development will be steps away from essential amenities, vibrant nightlife, and convenient public transportation. This ensures high occupancy rates and rental potential.
·Booming Demand: Kempton Park is experiencing rapid residential growth, fueled by a thriving economy and an influx of young professionals. Your apartments will cater to this burgeoning demand for modern, central living.
·Favourable Rezoning: With rezoning for a two-story apartment building already in progress, you'll benefit from streamlined approvals and expedited construction timelines. Get ahead of the curve and capitalize on this prime location before it's too late.
·Exceptional Investment Opportunity: This project promises attractive returns on investment. With well-designed apartments, a prime location, and strong rental demand, you can expect consistent income and long-term value appreciation.
Property Reference #: 7002001-45566
Agent Details:
Alet & Paul Marais
eXp Realty - Steven Johnstone Group
1 Apple Street
Kenilworth
Cape Town
7708
Id Subtitle 1261948584
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Estimated monthly repaymentR 23,842
Total property loan amountR 2,200,000
Total interestR 3,521,974
Total repaymentR 5,721,974
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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eXp Realty - Steven Johnstone Group
Selling for 2+ years
Total Ads2.07K
Active Ads2.07K
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