5 Bedroom House For Sale in South Kensington

Description

Massive Investment Opportunity: 1,488m² Stand with 5-Bedroom Main Home & Multiple Cottages Located in the heart of South Kensington, just moments from Eastgate Shopping Centre. This is a rare opportunity to secure a substantial piece of real estate in a sought-after area. Boasting a massive 1,488m² stand, this property offers the perfect balance of comfortable family living and exceptional income-generating potential. Whether you are looking for a home that pays for itself or a prime development site, this property is a "must-see." The Main House: Double-Storey Versatility The home is designed for both relaxation and functionality: The Living Area: A welcoming undercover front stoep leads into a spacious, open-plan dining room and lounge area, featuring a cozy fireplace—perfect for Johannesburg winters. The Kitchen: A large, functional space with an abundance of cupboard storage, catering to all your culinary needs. Ground Floor Convenience: Features one spacious bedroom with built-in cupboards and its own private entrance via a small undercover stoep. This is an ideal setup for a teenager, elderly relative, or as a private rental suite. A bathroom on this level serves both the bedroom and guests. The Upper Level: Offers four generously sized bedrooms, providing ample room for the whole family. One bedroom includes access to a private balcony, offering a perfect spot for morning coffee. A family bathroom serves this level. The Investment: Outdoor Expansion & Income Streams The true value of this property lies in the massive, sprawling backyard, which turns this home into a powerful asset: Self-Contained Income: The property already includes two self-contained cottages and dedicated staff accommodation, providing immediate rental income potential. Endless Possibilities: With such an expansive footprint, there is plenty of room to build additional cottages, workshops, or recreational facilities. Ample Parking: The property offers significant parking space, easily accommodating multiple vehicles for residents and guests. Why This Property Wins Development Potential: 1,488m² of prime land allows for further expansion or sub-division possibilities (subject to council approval). Location: Unbeatable convenience being close to Eastgate and major arterial roads. Flexibility: A perfect fit for a large family, or an investor looking for a high-yield property with multiple rental units. Opportunities of this magnitude in South Kensington do not stay on the market for long. This home is ready for a new owner to unlock its full potential. Contact us today to schedule your private viewing and see the scale of this property for yourself. Pro-Tip for Selling: Since you have two cottages and staff accommodation, make sure to photograph the entrances to these units separately for your online listing. Most buyers looking for "investment" properties want to immediately see how the tenants will access their space without disturbing the main house. Providing a "site map" (even a simple sketch) in your photo gallery showing the house, cottages, and the remaining space available for development will save you time answering questions and attract serious investors.

Features

Balcony

Yes

Patio

Yes

Fence

Yes

Security Gate

Yes

Scullery

Yes

Guest Toilet

Yes

Paving

Yes