R 1 550 000
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5 Bedroom House in Kensington

5 1.5 5 495 m² 260 m²

Promising Fixer-Upper for the right buyer

Welcome to a rare chance to transform a property into the home of your dreams or an income-generating asset! This 495m corner plot offers endless possibilities for those with a vision and a willingness to invest in some TLC and renovations.

Situated in a sought-after, centrally located area, this property places you within minutes of national roads, the Canal Walk Shopping Mall, and various retail centers. Top-rated schools, private hospitals, and essential amenities are all nearby, making it a prime spot for future value.

Currently set up as a house-share, this property features 5 generously sized bedrooms, 4 of which include a basic private shower, toilet, and entrance, offering tenants privacy and convenience. Each room is managed with a separate prepaid electricity meter, making it an ideal setup for rental income. The fifth room offers flexibilityit can be converted into another rental space or integrated as part of a cohesive family home. With a current rental income of R12,000 per month, this property holds steady investment potential.

The large open yard is perfect for expansionwhether youre dreaming of additional units, a second dwelling, or a landscaped garden. The corner plot layout provides flexibility, privacy, and room for development.

Important to Note

This property does require significant maintenance and care and is being sold as is. Its perfect for someone who isnt afraid to roll up their sleeves, take on a project, and unlock its full potential.

Whether you''re looking to grow your monthly income, increase the propertys value, or create your ideal residence, this home is a blank canvas waiting for your personal touch!

Ready to explore the possibilities? Contact us today to schedule a viewing.

VICTORY TICKET 72 CC trading as RE/MAX Impact (Athlone) operates in terms of a franchise agreement with RE/MAX of Southern Africa.

Property details

  • Listing number T5177944
  • Property type House
  • Listing date 4 Aug 2025
  • Land size 495 m²
  • Floor size 260 m²
  • Rates and taxes R 685

Property features

  • Bedrooms 5
  • Bathrooms 1.5
  • Lounges 1
  • Garage parking 1
  • Open parking 4
  • Pet friendly

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