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4 Kat Street, Norkem Park, Kempton Park, Gauteng
R 1 600 000
Exceptional Investment Opportunity: Five Bachelor Pads in Norkem Park | Cash Buyers Only Discover an outstanding investment prospect in the desirable Norkem Park, Kempton Park. This property presents five magnificent bachelor pads, each meticulously finished to offer comfortable and independent living spaces. With a proven track record of generating a substantial monthly income of R 22,000, this offering is tailored for the astute investor seeking immediate returns. Each of the five self-contained units features a single bedroom, a well-appointed shower, toilet, and basin, alongside a dedicated kitchen. The interiors boast beautiful built-in cupboards, ensuring ample storage and a neat aesthetic. An open-plan design enhances the sense of space within each unit. The property benefits from low maintenance costs, further enhancing its profitability. Security is paramount, with the entire property being totally walled and secured by a robust security gate and burglar bars, providing peace of mind. Additional features include convenient paving and a driveway, ensuring practical access and parking for up to five vehicles. Situated in a quiet and secure metropolitan suburb, the location offers unparalleled convenience. Residents will appreciate easy access to reputable schools, diverse shopping centres, and major transport routes such as the R21. Furthermore, the property is less than 7km from OR Tambo International Airport, making it highly attractive for a broad tenant base. This unique, high-yield asset is available for cash buyers only. Key Features Five Magnificent Bachelor Pads Total Monthly Income of R 22,000 Six Bedrooms andamp; Six Bathrooms Five Dedicated Kitchens Totally Walled with Security Gate andamp; Burglar Bars Quiet andamp; Secure Norkem Park Location Close Proximity to OR Tambo International Airport Cash Buyers Only REAPING HARVEST INVESTMENTS 73 (PTY) LTD trading as RE/MAX All Stars (Germiston) operates in terms of a franchise agreement with RE/MAX of Southern Africa.
Estimated monthly repayment
R 15 109
on a R 1 440 000 bond over 20 years at 11.25%
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4 Kat Street, Norkem Park, Kempton Park, Gauteng
Listed by
Bongani Pretorius
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