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Kensington, Kensington, Goodwood, Western Cape
R 7 350 000
This is a well looked-after family owned and managed investment property. It's a two-storey block located on a corner consisting of residential and commercial properties. There are 9 two bedroom flat units and 3 shop units. The shops are on the ground floor and so are 4 of the flat units. The rest are all on the 1st floor. This is ideal as an investment as the rental income could easily cover the finance repayments on the given price. The court yard can accommodate about 4 cars and there's one garage as well. One of the properties on the ground floor has a parking in front of the unit on the property. Rental property in this area is in high demand and it's very close to a number of schools and transport routes which adds to its appeal among accommodation seekers.
Estimated monthly repayment
R 69 408
on a R 6 615 000 bond over 20 years at 11.25%
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Kensington, Kensington, Goodwood, Western Cape
Area view — the exact address is shared on enquiry.
Fair-value check
Priced highPriced 310% above comparable 7-bed houses for sale in Kensington
Based on 9 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Busisiwe Nel
Verified agent
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