Kensington Investment Opportunity: Main House and Three Cottages This property in Kensington offers an excellent investment opportunity, featuring a neat main house and three separate cottages with approved plans.
Main House:
Tiled Floors: The main house boasts stylish tiled floors throughout. Open-Plan Living: The lounge and dining room are open-plan, creating a spacious and inviting living area. Modern Kitchen: The kitchen is well-equipped and offers ample counter space. Bedrooms and Bathrooms: Three bedrooms, each with built-in cupboards, provide comfortable accommodation. Two bathrooms, including an en-suite in the main bedroom, ensure convenience for residents and guests. Security: The house is equipped with an alarm system and electric fencing for added security. Parking: Two covered parking bays and ample open parking on the paved area provide plenty of parking options. Cottages:
Cottage 1: This cottage features tiled floors, a bedroom, a bathroom, and a kitchenette. Cottage 2: A spacious room with tiled flooring offers flexibility for various uses. Cottage 3: Similar to Cottage 1, this cottage includes tiled floors, a bedroom, a bathroom, and a kitchenette. Investment Potential:
This property is ideal for investors seeking a rental income to supplement their bond. The three cottages provide a steady income stream, making it a valuable asset.
Location:
Kensington is a desirable suburb known for its convenient location, proximity to amenities, and excellent investment potential.
Don't miss out on this fantastic opportunity to own a property with both a comfortable main house and potential rental income.
Kensington properties are laid out over the slopes of several flat-topped, high-side hills.
The average Kensington property price will vary between around the R900000 and R1 500 000 region. Whilst this would represent a mean average - Kensington properties are varied and can range widely price-wise from as low as R600 000 to in excess of R2 900 000.
Kensington is a highly popular area amongst...
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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.