5 Bedroom House for sale in Kensington

Sole mandate This exceptional 5-bedroom, 3.5-bathroom property presents a rare opportunity for investors seeking an income-generating asset with proven business operations already in place. The main house is currently operating as a well-established nursery school, successfully running for over 10 years and generating a net income of approximately R40,000 per month. The current owner still occupies part of the property, creating significant upside potential for a new owner to fully utilise the space and further increase income. The seller is also open to assisting with the continued operation of the nursery school after transfer at an agreed management fee, offering a smooth handover and continuity. Adding even more value, the property also features a heated swimming pool facility currently operating as a swimming school, established for an impressive 34 years, generating an additional net income of R20,000 per month. With combined existing income streams of approximately R60,000 per month, this property offers immediate returns while still providing substantial room for growth and expansion. • Requires some TLC, presenting an opportunity to add value and increase returns Whether you are looking to continue the existing businesses, expand operations, or reposition the property for higher income generation, this is a unique investment with established cash flow and long-term potential. Contact Kennedy for an exclusive viewing