NEW
Web Ref CL35122
POA
20,22 & 24 Pretoria
On Auction 25 November | Multi-Tenanted Commercial Investment | GAI +- R1.08M
On Auction 25 November | Multi-Tenanted Commercial Investment | GAI +- R1.08M
A well-positioned, income-producing commercial investment opportunity in the heart of Kempton Park CBD, offering 1,401.59m² of GLA across three erven totalling 2,082m², with five established tenants and current gross rental income of +- R90,000 per month / +- R1,080,000 per annum.
The property offers excellent exposure along Pretoria Road, strong public transport connectivity and significant pedestrian activity, with the Kempton Park Taxi Rank and Kempton Park Station approximately 150m away. Pretoria Road also forms part of the Harambee Bus Rapid Transit (BRT) corridor, linking Tembisa, Kempton Park and the OR Tambo International Airport precinct. The ongoing BRT infrastructure investment, including stations being developed along Pretoria Road, provides an additional long-term infrastructure catalyst for this established commercial node.
The diversified tenant mix provides exposure to automotive, training, retail, pawn/furniture and general commercial activities. Each tenant has a 60 Amp single-phase prepaid electricity supply, with electricity separately metered on a prepaid basis.
INVESTMENT HIGHLIGHTS:
• R1.08 million current gross annual rental
• ±1,401.59m² GLA
• 2,082m² total land area
• Five longstanding commercial tenants
• Business-zoned property
• Prime Pretoria Road exposure
• Approximately 150m from Kempton Park Taxi Rank and Station
• Located on the Harambee BRT corridor
• Significant pedestrian and public transport activity
• Established Kempton Park CBD location
This Business-zoned property presents an attractive opportunity for investors seeking an established, income-producing asset with a diversified tenant mix, substantial land area and GLA, and excellent positioning within the Kempton Park CBD.
Contact broker for a detailed investor pack.
A well-positioned, income-producing commercial investment opportunity in the heart of Kempton Park CBD, offering 1,401.59m² of GLA across three erven totalling 2,082m², with five established tenants and current gross rental income of +- R90,000 per month / +- R1,080,000 per annum.
The property offers excellent exposure along Pretoria Road, strong public transport connectivity and significant pedestrian activity, with the Kempton Park Taxi Rank and Kempton Park Station approximately 150m away. Pretoria Road also forms part of the Harambee Bus Rapid Transit (BRT) corridor, linking Tembisa, Kempton Park and the OR Tambo International Airport precinct. The ongoing BRT infrastructure investment, including stations being developed along Pretoria Road, provides an additional long-term infrastructure catalyst for this established commercial node.
The diversified tenant mix provides exposure to automotive, training, retail, pawn/furniture and general commercial activities. Each tenant has a 60 Amp single-phase prepaid electricity supply, with electricity separately metered on a prepaid basis.
INVESTMENT HIGHLIGHTS:
• R1.08 million current gross annual rental
• ±1,401.59m² GLA
• 2,082m² total land area
• Five longstanding commercial tenants
• Business-zoned property
• Prime Pretoria Road exposure
• Approximately 150m from Kempton Park Taxi Rank and Station
• Located on the Harambee BRT corridor
• Significant pedestrian and public transport activity
• Established Kempton Park CBD location
This Business-zoned property presents an attractive opportunity for investors seeking an established, income-producing asset with a diversified tenant mix, substantial land area and GLA, and excellent positioning within the Kempton Park CBD.
Contact broker for a detailed investor pack.
Features
Zoning
Retail
Title
Freehold
Exterior
Security
No
Sizes
Floor Size
1,401m²
Land Size
2,082m²
