R1 599 000
Monthly Bond Payment: R
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Spacious 5-Bedroom Investment Property
5 Bedroom House For Sale in Kensington
Spacious 5-Bedroom Investment Property
Monthly Bond Payment: R
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Welcome to a unique opportunity to create the property of
your dreams or invest in a lucrative income-generating asset! This 495m² corner
plot holds endless possibilities, with a layout designed for both rental income
and potential expansion.
Situated in a sought-after, centrally located area, this
property places you within easy reach of everything you need. Access national
roads in minutes, explore the nearby Canal Walk Shopping Mall and other retail
centers, and benefit from top-rated schools, private hospitals, and all
essential amenities right on your doorstep.
This property is adequately set up for a houseshare, making it an excellent choice for rental investors or large households. The home
features 5 generously-sized bedrooms, each fitting a double bed. Impressively,
4 out of 5 bedrooms come with their own basic private shower, toilet, and entrance,
giving tenants both privacy and convenience. Rental income of R12 000 per month is already being generated, with each room
managed on separate prepaid electricity meters—ideal for tenant control over
utilities. The fifth room can be converted into another rentable space or
reimagined as part of a cohesive family home.
The spacious kitchen includes plenty of storage, giving you
the foundation for a functional hub that can be modernized and expanded with
ease.
The property shines when you step into the large, open yard.
Whether you’re envisioning a second dwelling, additional units, or a beautiful
garden, the expansive outdoor area is full of promise! Situated on a corner
plot, the layout allows for flexibility, privacy, and further development
options.
While the property may need a bit of cosmetic care (picture
a fresh coat of paint and a good clean), it provides the perfect canvas to work
your magic. Imagine the transformation—from an untapped property to a clean,
welcoming space for residents or family alike.
With five secure parking spaces and the ability to scale up,
this property isn’t just a home; it’s an investment. Grow your monthly income,
increase the property’s value, or shape it into your ideal residence—the
possibilities are endless!
Interested? Reach out to schedule a viewing today!
Bond Payments | R |
Mun. Rates & Taxes | ZAR 685 |
Web Ref | RMMP-0423 |
Property Type | House |
Building Size | 260m2 |
Erf Size | 495m2 |
Bedrooms | 5 |
Bathrooms | 1.5 |
Garage | 1 |
Romi Adams
Candidate Property Practitioner
RE/MAX Impact (Mitchells Plain)
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Monthly Bond Payment: R