R2 200 000 | 11 Bedroom House Sold By Us in Rhodesfield, Kempton Park
Property Features
Great Investment Property with revenue over R40 000 monthly. Guest House Ready Set Up with Furniture
This property has been rezoned to Residential 3 with maximum of 45 units spread across 4 storeys. This property is well located in close proximity to all the different transportation nodes (O R Tambo Airport, Rhodesfield Gautrain, Kempton Park Taxi Rank).
The property is located in an area that has been earmarked in the Ekurhuleni Regional Spatial Development Framework 2021 for mixed use and development which if fully supported by the municipality.
The property is sold with all the furniture which comprises of a bed, 4 plate stove, fridge, tv, couch in each apartment. The area is not affected by loadshedding.
The property consists of 11 separate apartments ranging in sizes which are currently used for student accommodation.
5 x bachelor en-suite units
6 x one-bedroom en-suite units
Laundry room
