9 Bedroom House in Kensington

Introduction:

Discover an exceptional investment opportunity in the heart of Kensington, where luxury meets profitability. This multi-unit residential property presents a harmonious blend of comfort, convenience, and steady income generation. Situated in one of Kensington''s most sought-after neighborhoods, this property offers a total of 9 self-contained units, each designed to provide residents with a cozy and self-sufficient living space. Priced attractively at 2,400,000 South African Rands, this property promises not only a substantial return on investment but also a chance to become a proud owner in a thriving community.

Property Highlights:

-Location: Nestled in the prestigious neighborhood of Kensington, this property enjoys the benefits of a well-established community with easy access to major thoroughfares, public transportation, shopping centers, and educational institutions.

- Income Potential:

With a remarkable net monthly income of 42,000 Rands, this property presents an enticing investment opportunity for those seeking consistent cash flow. The proven income stream is a testament to the property''s popularity among tenants, ensuring a reliable source of revenue.

-Unit Configuration:

This property boasts 9 self-contained units, each designed for ultimate privacy and comfort. Tenants enjoy a space that is exclusively theirs, featuring living areas, bedrooms, bathrooms, and well-appointed kitchens. The thoughtful layout ensures a sense of independence and convenience.

-Prepaid Meters:

Embracing modern utility management, the property is equipped with prepaid meters for each unit. This streamlined approach empowers tenants to have direct control over their electricity usage, simplifying billing processes and enhancing financial transparency.

-Borehole Water Supply:

To ensure an uninterrupted water supply, a borehole has been installed on the property. This feature not only reduces dependency on municipal water services but also guarantees a consistent and reliable water source for residents.

-Investment Potential:

Kensington''s reputation as a sought-after residential area makes this property an attractive investment. The combination of a prime location, steady income, and desirable amenities contributes to the property''s potential for long-term value appreciation.

Conclusion:

This residential investment property in Kensington offers a unique opportunity to capitalize on the city''s growing demand for quality housing. With 9 self-contained units, prepaid meters, and a borehole for water supply, this property ensures a hassle-free and financially rewarding ownership experience. The promising net income of 42,000 Rands per month, along with the property''s strategic location, solidifies its position as a sound investment choice for both seasoned investors and newcomers to the real estate market. Don''t miss out on the chance to own a piece of Kensington''s charm while securing a steady stream of income for years to come.