Prime Location, Prime Potential: Reimagine Your Future in Kempton Park CBD

R 2,200,000

Can I afford this?
12 days ago28 views
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General Details
For Sale By:Agency
Dwelling Type:House
Bedrooms (#):6+
Bathrooms (#):4+
Size (sqm):747
Parking:None
Description
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 thisprime 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.Thisgenerously sized plotpresents a blank canvas brimming with opportunity. Envision19 well-appointed apartments, a mix of5 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 thebustling 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 experiencingrapid 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:Withrezoning 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 promisesattractive 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 Marais
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274188854
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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 *
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EXP Realty
Selling for 2+ years
Total Ads7.26K
Active Ads7.26K
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