Investor’s dream! This unique property offers a fantastic opportunity in an up-and-coming area, perfect for those with a keen eye for potential. Divided into four sections, the main house is split into two independent living areas, both sharing a common kitchen, making it ideal for rental purposes or extended family living.
The third section is a fully functional, income-generating cottage, providing an additional revenue stream. The fourth section features two established foundations, ready for further development into additional accommodation. While the project is not fully completed, it presents an incredible opportunity for an investor looking to finish the build and maximize returns.
With the groundwork already in place, this property offers untapped potential for expanding rental units or creating a multi-family dwelling. For an investor with vision, this is a golden opportunity to capitalize on a versatile property in a developing suburb
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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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group 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.
Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.
