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KEMPTON PARK - COMMERCIAL PROPERTY, DEVELOPMENT PROPERTY, INVESTMENT PROPERTY

COMMERCIAL REDEVELOPMENT OPPORTUNITY - THIS AUCTION HAS CLOSED

DESCRIPTION:

Invited Opening Bid R2 100 000

Bidder Security R25 000 *fully refundable if unsuccessful bidder

Property Summary

This sale is Subject to Confirmation by the parties involved.

Erf Extent 3908 sq.metres

Buiding  floor area 2200 sq metres.

Rates R6591 monthly

Erf number 2438

FEATURES:

Property description

The  property is a doubled storied and the bottom section could be converted into a number of shops with a few  components  of residential flats or office space above. A large vacant site, part of the erf, adjacent  also has development opportunity potential for additional income ,part of the site.

 

Location

The property is located in an area with a combination of residential and commercial  properties as neighbours.

Easy access to N17, N12, R21, R24.

Close to Oliver Tambo Airport.

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