Kensington, Johannesburg, Gauteng
R 1,999,000
6 Beds | 2 Baths | 192 m² Floor | 23,780 m² Land
PRIME 2 370 M² DEVELOPMENT STAND WITH RIDGE VIEWS IN KENSINGTON
Unlock an exceptional investment opportunity with one of the largest available footprints in historic Kensington. Priced at just R1,999,000, this massive 2,370 square metre property captures iconic panoramic vistas and includes an existing house, offering unmatched potential.
The property’s primary value lies in its high-yield multi-unit development potential. This expansive, residentially zoned footprint is ideal for sectional title units, allowing a developer to subdivide and build modern, view-facing townhouses or apartments in a high-demand area.
With municipal consent, the site could also accommodate a home-bound business or low-impact professional use. The vast open ground provides rare, high-capacity space for parking, clients, or staff, with ample space plus an existing structure for residential use or quiet offices. Alternatively, it offers an excellent blank canvas to renovate and expand the existing home for grand residential use with sprawling gardens.
Speak to us about finance, zoning, and other practical matters. We have the network to turn your idea into a turnkey project.
Key Details
Reference LFJN-14743
Listing type Sale
Property type House
Listing zone Residential
Suburb Kensington
City Johannesburg
Province Gauteng
Rates R 1,500
Property Details
Bedrooms 6
Bathrooms 2
Open parking 10
Floor area 192 m²
Land size 23,780 m²
Finishes Old
Fence Yes
Roof Corrugated
Garden Yes
Kitchen Yes
Storeys 1
Finance
Bond Calculator
*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Leapfrog Property Group does not accept liability for any damages arising from the use of this calculator.
