7 Bedroom Commercial Property For Sale in Kensington, Johannesburg
Property Features
Investment!!!! Investment!!!! Investment!!!
Prime mixed-use commercial and residential investment opportunity in the heart of Kensington, set on a generous 1,488m² stand plus an additional leased servitude lane of approximately 200m². This secure income-generating property is fully equipped with 7 surveillance cameras, two remote-controlled access gates, two large security gates, and a large steel manual runner gate separating the commercial parking area from the residential section. The property offers 3-phase electricity, with all premises fitted with prepaid electricity meters, as well as a JoJo tank backup water supply for added convenience. The commercial component consists of three shops: Shop 1 is newly renovated with double electric ceiling fencing and generates R10,500 per month including water (approx. 40m²); Shop 2 is divided into two sections, each with its own aluminium glass front entrance, rear exits with security gate, toilet, geyser, prepaid meter, armed response radio, and currently earns R15,000 per month; Shop 3 currently generates R8,500 per month at a discounted rental, with market rental estimated at R10,000 per month. The residential section comprises 7 self-contained apartments with rental incomes ranging from R4,500 to R6,600 per month. Each unit features its own kitchen and bathroom, with some offering open-plan lounge areas. All apartment entrances are fitted with security gates and aluminium windows. Covered parking is provided for tenants, with 5 covered bays plus Apartment 5 enjoying its own tandem parking for two vehicles. A rare, high-yield investment with strong existing income streams and excellent security in a sought-after location.
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+27 (0)69 730 9638
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Terrence@peaktopeak.co.za
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+27 (0)73 717 4086
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