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Orange Grove, Orange Grove, Johannesburg, Gauteng
R 1 650 000
Nestled in the sought-after suburb of Fairwood, just moments away from Orange Grove, this exceptional property presents a rare and compelling investment opportunity that truly makes financial sense. Perfectly positioned in a well-established, safe, and convenient area, this property offers both immediate returns and exciting future potential. Currently generating an impressive rental income of approximately R25,000, the property is already a strong income-producing asset, with clear room for further growth. The existing setup caters well to tenants, making it highly attractive for investors looking to secure consistent cash flow from day one. With additional available land space, there is excellent potential to expand—whether by adding more rental units, enhancing current structures, or increasing overall value through further development. Beyond its investment appeal, the property is equally suited for residential living. It can easily be converted into a comfortable and spacious family home, offering flexibility for buyers who may wish to occupy the property themselves while still benefiting from its income-generating capabilities. This dual-purpose appeal makes it a standout option in today’s market. The location is another key highlight. Fairwood is known for its peaceful atmosphere, accessibility, and strong sense of community. Being so close to Orange Grove means you’re within easy reach of major transport routes, schools, shopping amenities, and everyday conveniences—making it an ideal place for both tenants and homeowners. The property itself is clean, well-maintained, and positioned on a generous stand, allowing for both privacy and future expansion. Whether you’re an experienced investor looking to grow your portfolio or a buyer seeking a home that can pay for itself, this property ticks all the right boxes. In summary, this is more than just a property—it’s a smart investment with solid returns, growth potential, and lifestyle flexibility, all set in a prime and secure location.
Estimated monthly repayment
R 15 581
on a R 1 485 000 bond over 20 years at 11.25%
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Orange Grove, Orange Grove, Johannesburg, Gauteng
Listed by
Gontse Ngcobo
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