R 2 900 000 | 11 bed property for sale in kensington

Property Description

Exceptional Multi-Income Investment Opportunity – Kensington, Johannesburg This is not your typical residential property — this is a high-yield, multi-stream income generator positioned in the heart of Kensington. Designed for serious investors, this unique property offers multiple self-contained rental units alongside a spacious main residence, making it ideal for student housing, medical accommodation, co-living, or long/short-term rentals. Income-Generating Units (7 En-Suite Studios) Each of the seven units is thoughtfully designed for independent living, featuring: Private en-suite bathroom (shower, toilet) Kitchenette with stove and sink Individually styled interiors in vibrant tones (aqua green, purple, yellow, blue, grey, and orange) Perfect for: Medical staff accommodation (close to major hospitals) Student or professional co-living Airbnb or short-term letting Long-term rental portfolio diversification Main House (4 Bedrooms) Separate from the rental units, the main residence offers: 4 Bedrooms (2 en-suite) Additional third bathroom Open-plan kitchen and lounge Welcoming entrance hall Guest toilet Ideal for: Owner-occupier with on-site management Additional premium rental income Conversion into further letting space Multiple income streams on a single property Strong rental demand area in central Kensington Flexible usage: medical, hostel, student housing, or executive rentals High-density accommodation without complex sectionalisation Excellent yield potential with minimal structural conversion required Centrally positioned in Kensington, Johannesburg, offering: Easy access to major transport routes Proximity to hospitals, business hubs, and amenities Consistent tenant demand This is a rare opportunity to acquire a purpose-configured rental asset with immediate income potential and scalable returns. Serious investors only. Enquire for yield projections and rental breakdown. 7 studio apartments 4 bedrooms in the main house JO JO Tank with filtration connected to the house and the studio apartments Back up Battery and Inverter Solar Geyser Parking for 7 cars


Property Details

Purchase Price R 2 900 000

Type of PropertyHouse

Last Updated11 Apr 2026

Rooms

Bedrooms11

Bathrooms10

External Features

Garages1

Property Location

Similar Property in nearby suburbs

Agent

Sherida Stevens

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