15 Bedroom House in Kensington
High-Yield Multi-Unit Residential Property Exceptional Cash Flow & Expansion Potential
An outstanding opportunity for astute property investors seeking immediate, strong rental yield with long-term capital appreciation.
Situated across 4 consolidated stands, this fully tenanted multi-dwelling complex generates a robust gross monthly income with excellent net returns from day one.
Key Financial Overview
Gross Monthly Rental Income: R36 600.00
Estimated Rates & Taxes: R1 300.00 month
Property & Accommodation Breakdown
15 Units in Total: A well-balanced mix of compact individual rooms and larger self-contained cottages, catering to diverse tenant needs and budget levels.
4 Stand Footprint: Spanning four stands, the layout offers generous space, vehicle parking, and potential for future density optimization or further re-
development.
High Occupancy Demand: Consistent rental history driven by flexible unit sizes and accessible pricing.
Prime Location & Connectivity
Conveniently located near major commercial hubs, retail amenities, and commuter routes:
Shopping & Amenities: Minutes away from Eastgate Shopping Centre, Bedford Centre, and Malvern Spar for convenient daily shopping and dining.
Transit Access: Direct access to major public transport routes and arterial roads, making daily commutes simple for working tenants.
A turnkey, cash-flowing asset with a strong yield profile across multiple titles. Ideal for adding directly to a high-performing residential portfolio.
Property details
- Listing number T5622503
- Property type House
- Listing date 14 Sep 2026
- Land size 1 980 m²
- Rates and taxes R 1 300
Property features
- Bedrooms 15
- Bathrooms 6
- Open parking 20