House for sale
Create a vibrant urban lifestyle minutes from Darras Shopping Centre, Eastgate Mall and Johannesburg CBD — 1500m² stand with two income-generating cottages; main house offers four bedrooms, two bathrooms.
1500m2 Property | Prime Location | Excellent Development Potential
Are you a property developer, investor, or visionary looking for your next project? This could be the opportunity you’ve been waiting for.
This spacious 1500m2 property offers 4 bedrooms, 2 bathrooms, a sitting room, dining area, kitchen, swimming pool and parking for 7 or more vehicles.
The property also includes 2 cottages currently generating a combined rental income of R10,000 per month, excluding water and lights.
The property is conveniently situated close to Darras Shopping Centre, more than 5 primary and secondary schools, Eastgate Mall, Johannesburg CBD and various surrounding amenities and transport routes.
Although the main property has been affected by fire, the large 1500m2 stand, existing cottages with rental income, generous parking and prime location make this an excellent opportunity for developers and investors.
Whether you are looking to redevelop, renovate, build additional units or create a profitable property investment, this property offers exciting potential.
Contact Masi today to arrange your private viewing and explore the possibilities this property has to offer.
Don’t miss out on this development opportunity — your next investment could start here!
Listed for sale at R1,100,000
How does this home’s price compare with similar properties?
Price comparison based on 9 similar-sized 3–5 bed homes.
Insight
Priced 52% below the local median - and below the typical range across Johannesburg.
Compared with 9 similar active listings across Johannesburg.
The lower price may partly reflect the smaller floor size. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages - check with the agent for local guidance.
Around R1.8M typical in Kensington (small sample of 4).
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Kensington is a historic, vibrant suburb in Johannesburg known for its hilly landscape, charming period architecture, and a strong sense of community close to the city center.
