NEW
9,000m² Investment For Sale in Kempton Park Central
R140,000,000
10 Margaret Avenue
Web Ref
CL115780
Investment Property for Sale - Kagiso House, 10 Margaret Avenue, Kempton Park
Introducing Kagiso House – a high-yield investment opportunity located in the heart of Kempton Park. This 10-storey residential building offers a total of 240 well-laid-out apartment units and 80 dedicated parking bays, making it an attractive asset for investors seeking both scale and consistent rental returns.
Each unit is currently achieving an approximate monthly rental of R5,500, resulting in an impressive potential gross income of R1,320,000 per month and R15,840,000 annually. The property is expected to be fully tenanted by the end of September, further solidifying its appeal as a secure and income-generating investment.
Kagiso House is ideally situated in Kempton Park, a well-established area known for its strong rental demand, excellent transport links, and proximity to OR Tambo International Airport. Tenants benefit from easy access to major highways, public transport, shopping centres, schools, and other essential amenities. The location continues to attract a mix of working professionals and families, making it a thriving rental hub with low vacancy risk.
Offered at R140,000,000 excluding VAT, this is a rare opportunity to acquire a fully let, large-scale residential asset in one of Gauteng’s most strategically located suburbs. Whether you're expanding your portfolio or seeking a dependable, high-return investment, Kagiso House delivers on both value and potential.
Each unit is currently achieving an approximate monthly rental of R5,500, resulting in an impressive potential gross income of R1,320,000 per month and R15,840,000 annually. The property is expected to be fully tenanted by the end of September, further solidifying its appeal as a secure and income-generating investment.
Kagiso House is ideally situated in Kempton Park, a well-established area known for its strong rental demand, excellent transport links, and proximity to OR Tambo International Airport. Tenants benefit from easy access to major highways, public transport, shopping centres, schools, and other essential amenities. The location continues to attract a mix of working professionals and families, making it a thriving rental hub with low vacancy risk.
Offered at R140,000,000 excluding VAT, this is a rare opportunity to acquire a fully let, large-scale residential asset in one of Gauteng’s most strategically located suburbs. Whether you're expanding your portfolio or seeking a dependable, high-return investment, Kagiso House delivers on both value and potential.
Features
Zoning
Commercial
Exterior
Security
No
Sizes
Floor Size
9,000m²