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Kensington, Kensington, Johannesburg, Gauteng
R 1 499 000
Prime Investment Powerhouse on Langerman Road | Kensington Golden Opportunity | Approved Plans for Expansion | Dual Entrances Investors, take note! This is the high-yield, turn-key property you have been waiting for. Situated on a massive 1,090m/2 stand on the highly sought-after Langerman Road in Kensington, this property has been completely reimagined into a modern, income-generating powerhouse. Boasting an exclusive mandate, dual street entrances, and immaculate finishes, it offers the ultimate blend of immediate rental income and massive development potential. The Main House: Modern Elegance: Stepping into the main residence feels like walking into a brand-new home. Every detail has been updated with sleek, contemporary finishes.3 Spacious Bedrooms: All featuring private, modern en-suite bathrooms. Living Spaces: A seamless flow between the lounge and dining areas, perfect for modern living. Kitchen: A smart, compact kitchen designed for efficiency and style. Finishes: Beautifully newly tiled floors throughout, offering a fresh and clean aesthetic.Two Self-Contained Cottages: Instant ROI Perfect for tenant occupancy, multi-generational living, or Airbnb rentals. Both cottages are independent and feature: A spacious lounge and kitchen area. Built-in cupboards with ample storage. A large bedroom with a modern en-suite bathroom. Freshly tiled flooring matching the high standard of the main house.Future-Proof Development PotentialWhat truly sets this property apart is its incredible room for growth. Approved Plans: All current modifications are fully on plan. Furthermore, the property comes with approved plans for an additional 3 units, allowing you to maximize your rental yield on this substantial erf. Accessibility: Dual entrances make managing multiple tenants seamless and private. Additional Features: Parking: Generous undercover carport with space for 4 vehicles, plus ample open parking. Prepaid Electricity: Hassle-free utility management for all units. Move-in Ready: Zero renovation required—start collecting rent from day one . An investment opportunity of this caliber on Langerman Road is a rare find. With council-approved plans already in place to scale your returns, this property will not sit on the market for long. Don't miss out on this exclusive mandate. Contact us today to arrange your private viewing!
Estimated monthly repayment
R 14 156
on a R 1 349 100 bond over 20 years at 11.25%
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Fair-value check
Good valuePriced 19% below comparable 5-bed houses for sale in Kensington
Based on 35 comparable listings
A market signal from comparable listings — not a formal valuation.
Kensington, Kensington, Johannesburg, Gauteng
Listed by
Pieter Fourie
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