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Kensington, Johannesburg, Gauteng
ID 1772354

34 Bedroom Property for Sale in Kensington Gauteng
34 Bedroom Property for Sale in Kensington Gauteng
34 Bedroom Property for Sale in Kensington Gauteng
R 2 100 000

House

12.0

34

1800m2

1980m2

video
video

House

12.0

34

1800m2

1980m2

Property features

  • R 2 100 000
  • 34 Bedrooms
  • 12.0 Bathrooms
  • 10 Living Room/s
  • Garage for 0  car/s
  • Outside Parking for 12 car/s
  • Rates 
  • No Pets

Property Details

A rare high-yield investment opportunity offering 34 tenanted rooms across 4 separate buildings situated on 4 notarially tied stands measuring 1,980m² in total (495m² x 4) with ±1,800m² of total building size.

Currently generating approximately R54,000 per month in rental income, this well-located property is ideal for an investor seeking immediate cash flow with excellent value-add potential. The property is fully occupied on a sub-let basis, close to public transport and shops, making it highly desirable for tenants.

Perfectly suited for rental income, student accommodation, staff housing, or a value-add redevelopment project.

This is a solid, income-producing asset in a high-demand rental area - not a new build, not derelict - just an honest, functioning investment ready for a savvy buyer to take over and optimize.

Financial Overview:

  • Monthly Rental Income: ± R54,000 (34 rooms)
  • Rates (Excl. water & lights): ± R4,000 per month
  • Electricity: Pay-as-you-go meters installed for all rooms (landlord only pays for common areas)
  • Council Services: All paid up to date
  • Key Features:
  • 4 Stands - Notarially Tied (1,980m² total)
  • 1,800m² Total Building Size
  • 34 Rooms
  • 4 Independent Buildings housing 34 rooms
  • Strong Monthly Gross Income of approx R54,000
  • Prepaid Electricity Meters for all rooms - reduced landlord risk
  • Low Holding Cost - Rates only ± R4,000 (excl. water & lights)
  • Municipal Accounts Up To Date
  • Close to Transport & Shops - high rental demand
  • Secure: Fully walled with gated entrance
  • Concrete Paved Courtyards and walkways between buildings

Versatile Use: Rental Income | Student Accommodation | Staff Housing | Value-Add Redevelopment

Harcourts Kempen

0116161150
[email protected]
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