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.
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.
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Lanseria, Randburg
Randburg Property and General Area InformationWhere is Randburg?Randburg is a city situated in the North-Western portion of greater Johannesburg.Randburg residents are generally seen as affluent and enjoy peace and quiet, convenient access to all major roads including the likes of Malibongwe drive, Beyers Naude Drive, Jan Smuts and the N1 Highway leading to Pretoria and beyond.This modern city is made up by over 32 leafy suburbs, mostly residential and all inter-blended with cultural diversity and beautiful architectural design.Subsequent to plans being drafted to develop a Randburg CBD (central business district) in the early 1960s, the retail activity comprised a shopping strip along Jan Smuts Ave...
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While every effort will be made to ensure that the information contained within the Chas Everitt website is accurate and up to date, Chas Everitt makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
