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12 Van Riebeeck Street, Fauresmith, Fauresmith, Free State
R 1 299 999
Spacious and versatile property offering exceptional accommodation, income potential, and an excellent guesthouse opportunity. The main house features 7 generously sized bedrooms, complemented by 6 en-suite bathrooms with showers and toilets, as well as 1 en-suite bathroom fitted with both a bath and shower. Additional guest convenience is provided by 2 separate toilets within the living areas. This property presents a wonderful opportunity to operate a guesthouse, with the existing company already registered and an established client base in place. To assist with a seamless transition, some of the beds and crisp white bedding can be included as part of the sale agreement. The property further includes a separate 2-bedroom flatlet with its own kitchen and full bathroom, currently occupied by a tenant generating a rental income of R4 000 per month — ideal for supplementary income or extended family living. Outdoor features include a sunny veranda surrounded by mature established trees, creating a tranquil atmosphere for entertaining and relaxation. A built-in braai area adds to the home’s entertainment appeal, while a charming treehouse provides a wonderful space for children to enjoy. The garden boasts productive lemon, mulberry, and apricot trees, enhancing the property’s character and lifestyle appeal. Vehicle accommodation is plentiful with a double garage, multiple carports, and additional garage toilet facilities offering potential to convert part of the space into an entertainment or bar area. The property is equipped with a borehole water system supported by two water tanks with a combined capacity of approximately 10 000 litres, ensuring reliable water supply. Electricity is prepaid for convenient utility management. A unique opportunity for large families, investors, or entrepreneurs looking to expand into the hospitality industry with an already established guest accommodation setup.
Estimated monthly repayment
R 12 276
on a R 1 169 999 bond over 20 years at 11.25%
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12 Van Riebeeck Street, Fauresmith, Fauresmith, Free State
Area view — the exact address is shared on enquiry.
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