House for sale in Kensington, Johannesburg, 586 m²

Kensington, Johannesburg, Gauteng

House

ZAR 1,950,000

• 14 bedrooms
• 5.5 bathrooms
• 586 sqm
• 991 m² plot

This is a prime Investment property. This 14-bedrooms and 5.5 bathrooms is set on a double stand 991 sqm with two streets entrances and beautiful views over Johannesburg landscape. This double story house has been converted to 10-bedrooms and has 2.5 bathrooms There is a large communal Kitchen. One of the bedrooms is large enough to be used as lounges or other communal spaces. As it is situated on a hill, there are 3 entrances to the house on upper and lower level, allowing the main house to be split up into up to 3 flats as well. The property also has 4 cottages - 3 big bachelor rooms and 1 single room. There is a separate good size laundry area and a swimming pool. Parking for 7 cars, Property is walled and secure. The property had been running as accommodation and generating an income of R 35,100 per month. The property has just been renovated and business is ready to run again. Situated close to public transport and colleges/schools EXCEPTIONAL return on investment. Joseph is just a dial away!