R 2 000 000
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15 Bedroom House in Kensington

15 6 20 1 980 m²

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

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