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You are here: Only Realty / Residential / For Sale / Evaton / Orange Farm / Freestanding / 2 Bedroom Freestanding For Sale in Orange Farm

R900,000 | 2 Bedroom Freestanding For Sale in Orange Farm

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R900,000

Monthly Bond Repayment R8,985.41
Calculated over 20 years at 10.5% with no deposit. Change Assumptions

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Monthly Rates
R750

2 Bedroom Freestanding For Sale in Orange Farm

Discover a versatile investment gem situated on a spacious double stand in Orange Farm Ext 7. This property is already operating as a licensed guest house, offering excellent income potential and flexibility for investors looking to expand their portfolio.

The property features a 2-bedroom RDP main house with a lounge, kitchen, and bathroom, providing comfortable living space for the owner or on-site management.

In addition, the property boasts 9 well-sized outside rooms, each with its own en-suite bathroom, making it ideal for guest accommodation or rental units. There are also 2 office spaces, perfectly suited for administration, reception, or additional business use.

Currently operating as a guest house with a valid operating license, the property generates an impressive monthly income of approximately R25,000. Alternatively, it can easily be converted into long-term rental rooms, generating around R14,000 per month.

Set on a double stand, this property offers ample space and future expansion possibilities, making it an attractive opportunity for investors seeking strong rental demand in the area.

Asking Price: R900,000 (Slightly Negotiable)

Call today to arrange a viewing and secure this excellent income-generating opportunity!
Pre-approval can be arranged for buyers at no cost and with no impact on your credit score, helping make the purchasing process quick and seamless. Cash buyers will simply need to provide standard FICA documents, and rest assured we are POPIA compliant, ensuring the privacy and protection of all our buyers and sellers.

Features

2
1
1
Pets Allowed
No
Interior
Bedrooms
2
Bathrooms
1
Kitchen
1
Reception Rooms
2
Furnished
No
Exterior
Garages
1
Security
No
Parkings
2
Pool
No
Sizes
Floor Size
550m²
Land Size
600m²
1
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