Exceptional Kensington Investment Opportunity Nestled in the vibrant heart of Kensington, near the bustling Queen Street Hub, lies an extraordinary investment opportunity. This charming home, boasting a rich blend of original features and modern comforts, is accompanied by four income-producing cottages, promising a remarkable yield of 14% at the asking price of R1,850,000. Dual Lifestyle Options This exceptional property offers two distinct lifestyle options: 1. Investment Opportunity: Capitalize on the potential for significant rental income, with the four cottages generating a substantial R12,200 per month. 2. Family Residence: Live in the main house and enjoy a substantial rental income from the cottages, providing a unique opportunity for families to offset their living expenses. Charming Features and Modern Conveniences This captivating property boasts an array of charming features, including: Prepaid electricity for convenient cost management Pressed ceilings, wooden, and tiled floors, adding warmth and character Cozy fireplace for chilly winter evenings Spacious driveway and parking for up to 8 cars Cellar for wine enthusiasts Paveway and motorized gates for secure entry Burglar proofing and security gates for added peace of mind Prime Location Situated in the heart of Kensington, this property is surrounded by a vibrant community, with easy access to local amenities, schools, and transportation hubs. Don't miss this exceptional opportunity to secure a lucrative investment or a unique family home. Contact us today to arrange a viewing and make this incredible property yours!
Purchase Price R 1 850 000
Type of PropertyHouse
Last Updated03 Mar 2025
Bedrooms2
Bathrooms1
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