Investor’s Dream in the Heart of Kensington – Income-Generating Multi-Dwelling Property
Price: R1,650,000,00
Location: Kensington, Johannesburg
Monthly Income: R34,000+
Zoning: Residential (Previously Guest House)
Stand Size: 654 Sqm
Units: 5 x 1-Bedroom Cottages | 1 x Bachelor Units | 3-Bedroom Main House
Parking: Ample Off-Street Parking
Situated in one of Johannesburg’s most established and character-rich suburbs, this former guest house has been reimagined into a high-yielding, multi-dwelling residential investment – and it’s already generating over R34,000+ monthly in rental income with room to grow.
Whether you're a first-time investor looking for a reliable passive income or a seasoned portfolio builder seeking a high-capacity property in a prime location, this opportunity ticks every box.
Property Breakdown:
Main House: Spacious 3-bedroom home perfect for owner-occupier or premium tenant. Features a large lounge, well-kept kitchen, and private garden area.
5 x One-Bedroom Cottages: Each with its own entrance and amenities, ideal for long-term tenants or short-term rentals.
1 x Bachelor Units: Low-maintenance income boosters, always in demand for single professionals or students.
Parking Galore: Secure off-street parking for multiple vehicles – a rare find in this area.
Why This Property Stands Out:
Proven income generator with over R34,000+ per month
Low vacancy rate due to high demand in the area
Located near Eastgate Mall, Kensington Private Schools, and major transit routes
Fully walled with secure access – perfect for tenants and peace of mind
Perfect for rental, student housing, or even returning it to a boutique guest house