Kensington, Cape Town

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