24 Voortrekker Rd for Sale in Kempton Park Central

BUCO Kempton Park is a well-located retail and light industrial property in the heart of Kempton Park, Gauteng. The property offers a versatile space configuration ideal for national hardware tenants. With three tenants (including one vacancy), and leases in place with options for renewal, this property presents a solid investment opportunity. Notably, it includes a solar energy system (2 x 16KW 3 Phase Inverters & 28 panels), providing operational cost-saving benefits.
The GLA spans across warehouse, retail, office, and storage areas totalling 5,050 m², situated on a combined erf of 3,469 m². Featuring a WALE of nearly 2 years and a projected Gross Annual Income of over R1.8 million, this property is positioned to benefit from rental upside and potential rates revision.
Township: Kempton Park
ERF Size: 3,469 m² (ERF 2886 & Ptn 1 2697)
GLA: 5,050 m²
Property Description: Retail and Light Industrial (Freehold)
VAT Registered: Yes
Municipal Information: Ekurhuleni | Monthly Rates: R507,154.92
Title Deed Information: T34364/1999 & T40600/1989