House 2897-ref-2055 for Sale in Orange Grove, Johannesburg

AgencyRef: 2897-ref-2055 This outstanding investment property, perfectly positioned in the highly desirable suburb of Fairwood, just moments away from Orange Grove, presents a rare and lucrative opportunity for discerning investors seeking strong, consistent returns in a prime location. Set in a well-established and high-demand rental area, the property stands out for its cleanliness, excellent upkeep, and smart layout designed to maximize income potential. The entire property is neat, well-maintained, and move-in ready, requiring minimal to no additional work â a true turnkey investment. Currently generating an impressive monthly rental income of approximately R27,000, this property offers immediate cash flow and long-term financial growth. The income is derived from multiple well-kept cottages, each designed to provide comfortable, private living spaces that attract and retain quality tenants. A key feature of this investment is the inclusion of prepaid electricity meters in the cottages, allowing for efficient utility management and reducing the ownerâs monthly expenses and administrative burden. This setup not only ensures transparency with tenants but also protects and stabilizes your net returns. The propertyâs prime location is one of its strongest selling points. Situated close to Orange Grove and major transport routes, it offers easy access to key amenities such as shopping centres, schools, public transport, and business hubs. This convenience makes it highly attractive to a wide range of tenants, ensuring low vacancy rates and sustained rental demand. In addition to its strong current income, the property holds excellent potential for further growth. Whether through rental escalations, minor upgrades, or future development enhancements, there is clear room to increase returns over time. Properties of this caliber, in such a strategic location, are increasingly rare to find. With its combination of solid income, low-maintenance features, and prime positioning, this is more than just a property â it is a valuable, income-generating asset with long-term upside. Agency reference number: 2897-2055