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15 Bedroom Freestanding For Sale in Kensington
New
15 Bedroom Freestanding For Sale in Kensington
New
15 Bedroom Freestanding For Sale in Kensington
New
15 Bedroom Freestanding For Sale in Kensington
15 Bedroom Freestanding For Sale in Kensington
15 Bedroom Freestanding For Sale in Kensington
R2,000,000

R2,000,000

15 Bedroom Freestanding For Sale in Kensington
15
Bedrooms
6
Bathrooms
Fezile Qina
Fezile Qina Non-Principal Property Practitioner View my listings
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Overview Features Location Finance

High-Yield Multi-Unit Residential Property – Exceptional Cash Flow & Expansion Potential

Web Ref. RL71943
Land size 1980.00 m²
Monthly Bond Repayment
R19,967.59
An outstanding opportunity for astute property investors seeking immediate, strong rental yield with long-term capital appreciation.

Situated across 4 consolidated stands, this fully tenanted multi-dwelling complex generates a robust gross monthly income with excellent net returns from day one.

Key Financial Overview

*Gross Monthly Rental Income: R36 600.00

*Estimated Rates & Taxes: R1 300.00 / month

*Property & Accommodation Breakdown

*15 Units in Total: A well-balanced mix of compact individual rooms and larger self-contained cottages, catering to diverse tenant needs and budget levels.

*4 Stand Footprint: Spanning four stands, the layout offers generous space, vehicle parking, and potential for future density optimization or further re-
development.

*High Occupancy Demand: Consistent rental history driven by flexible unit sizes and accessible pricing.


Prime Location & Connectivity
*Conveniently located near major commercial hubs, retail amenities, and commuter routes:

*Shopping & Amenities: Minutes away from Eastgate Shopping Centre, Bedford Centre, and Malvern Spar for convenient daily shopping and dining.

*Transit Access: Direct access to major public transport routes and arterial roads, making daily commutes simple for working tenants.

*A turnkey, cash-flowing asset with a strong yield profile across multiple titles. Ideal for adding directly to a high-performing residential portfolio.
Monthly Rates R1,300

Features

Interior
15 Bedrooms
6 Bathrooms
Exterior
20 Parkings (Secure Parking)
Sizes
Land Size 1,980 m²
Listing Info
Date Listed 14-09-26
Time Listed 16:05

Kensington, Johannesburg

Google map for 15 Bedroom Freestanding For Sale in Kensington
Average sold property price in Kensington
Freehold
Sectional Scheme
Vacant Land
Freehold
R1,328,696
25.0%
Average price
270
25.0%
Transfers
Sectional Title
R1,247,598
33.3%
Average price
128
33.4%
Transfers
Estate
R3,433,333
50.0%
Average price
4
50.0%
Transfers

Finance

Total Amount Repayable
R0,00
Monthly Repayment
R0,00
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Disclaimer

While every effort will be made to ensure that the information contained within the Harcourts South Africa website is accurate and up to date, Harcourts South Africa makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

Fezile Qina
Fezile Qina Non-Principal Property Practitioner View my listings