Kempton Park, Kempton Park Ext 2
This unique property presents an excellent opportunity for savvy investors looking for a high-yield asset in a well-connected part of Kempton Park. Currently operating as a fully-tenanted commune-style setup, the main house features 4 spacious bedrooms and a shared bathroom, while the backyard boasts 4 self-contained cottages—each with its own mini kitchen and private bathroom.
With a current rental income of approximately R31,000 per month, this property can easily cover its bond repayments and generate positive cash flow, making it a low-risk, high-return investment. The on-site lapa adds to the appeal for tenants and could be converted into an additional income-generating space.
Situated close to OR Tambo International Airport, Rhodesfield Gautrain Station, and major routes like the R21 and R24, this property is in high demand among working professionals and students alike. Shopping centres, schools, and public transport are all within easy reach, making tenant retention a breeze.
Whether you're expanding your investment portfolio or stepping into the rental property market, this is an opportunity you don't want to miss.