House for sale
Create a profitable urban lifestyle in Kensington — renovation-ready property offering a 4-bedroom main house, separate 2-bedroom cottage and large three-car garage, ideal for rental or redevelopment.
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:
Price negotiable.
Sold as-is. Ideal for an investor, developer or buyer with a vision to transform and add value
Listed for sale at R1,150,000
Wide price range across Cape Town
Prices vary widely across Cape Town, so a like-for-like comparison isn't reliable for this home.
Below the typical range for Cape Town.
Around R1.6M typical in Kensington (small sample of 2).
Price comparison based on 19 similar-sized 5+ bed homes.
Market depth
19 listings
Similar homes town-wide
82 days
Median time on market
Medium inventory
Active across Cape Town
MyProperty Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Kensington is a well-established, centrally located residential suburb in Cape Town that offers residents convenient access to major transport routes and essential community amenities.
