House For Sale in Kensington, Cape Town
Kensington, Cape Town, Western Cape
House
ZAR 1,150,000
- 6 bedrooms
- 3 bathrooms
- 371 sqm
- 373 m² plot
DEVELOPMENT, RENOVATION & RENTAL OPPORTUNITY | KENSINGTON 373 m² ERF | 4-BEDROOM HOUSE + 2-BEDROOM HOUSE | 3-CAR GARAGE An excellent opportunity for developers, investors or buyers looking for a complete renovation project in Kensington, with good potential for a rental income business. The property offers a 4-bedroom main house, a separate 2-bedroom house, and a large 3-car garage, all set on a 373 m² erf. The property requires renovation, including work to the roof structure, electrical system and plumbing/water infrastructure. The existing structures can be renovated and modernised, creating an opportunity to unlock rental potential, or developers may explore redevelopment options, subject to the necessary approvals. Key features: • 4-bedroom main house • Separate 2-bedroom house • 3-car garage • 371 m² erf • Approximately 371m² estimated area under roof • Good rental income potential • Complete renovation opportunity • Potential redevelopment opportunity Price negotiable. Sold as-is. Ideal for an investor, developer or buyer with a vision to transform and add value
