Peaceful Farm with Rental Income & Stunning Views Near Lanseria – Great Potential in Prime Location!
Magnificent property in the Cradle of Humankind, just past Lanseria airport.
Beautiful elevated farm, with the most amazing views and sunsets. Currently has 6 units generating rental income of approx R60k a month with stable self-managed long-term tenants.
If you have time to be much more actively involved, AirBnB (or full guest house) might be a possibility, with even some activities on the remainder of the grounds (horse-riding on the farm/hiking/mountain biking or even 4x4). Currently, long-term tenants are the easiest, but with active management, the place has lots of potential for additional income.
Close proximity to Lanseria and lots of venues, it could work as guesthouse. The opportunity also exist to add more log cabins/nutec units (at a reasonable cost) with a higher than normal investment return for additional rentals.
If the proposed smart city comes to Lanseria, and the Gautrain in a few years, the area would boom even more, and exceptional growth might be possible.
All units already have stable long-term tenants with monthly income of approx R60k a month. Could also consider selling it as a business to make transfer costs manageable.