Dual Residence Income Property With Airbnb And Event Hosting In Randfontein For Sale

Property Information

Real Estate:

Real Property Included

Living Accommodation:

The property includes two fully self-contained homes:

Main Residence: 4 spacious bedrooms, 2 modern bathrooms (including a jacuzzi bath), handcrafted antique wood kitchen with a large walk-in pantry, and an expansive lapa for dining or entertainment.

Second Dwelling/Cottage: 2 comfortable bedrooms, a fully fitted kitchen with marble countertops, and a cozy lounge.

Both homes are well-maintained, tastefully finished, and suitable for either owner-occupation or rental. The layout allows for complete privacy between residences, making the property ideal for extended family living, tenant occupation, or continued short-term letting.

Location:

Situated in the quiet, family-friendly suburb of Greenhills, Randfontein, this property enjoys a peaceful residential setting while being just minutes from major amenities. Within close reach are Tambotie Mall, local shopping centres, top schools, sports facilities, and tourist attractions such as Randfontein Golf Club, Robinson Lake, and the Cradle of Humankind. Excellent road access and nearby public transport make it convenient for both local and out-of-town guests, enhancing its value as an Airbnb or rental investment.

Premises Details:

The property offers 335 sqm under roof on a 1 031 sqm stand, featuring two fully self-contained residences.

Main Residence: 4 spacious bedrooms, 2 modern bathrooms (including a jacuzzi bath), handcrafted antique wood kitchen with walk-in pantry, and a large lapa for dining or entertainment.

Second Dwelling: 2 bedrooms, fully fitted kitchen with marble countertops, and a cozy lounge.

The outdoor space includes a 9m swimming pool suitable for events or swimming lessons, generous front and back yards, two double garages, a large carport, and a full CCTV security system. The property is well-maintained and positioned in a safe, quiet street, ideal for both residential living and income-generating uses.

Business Operation

Management type:

This business is owner operated.

Expansion Potential:

This property offers multiple avenues for growth:

• Increase Airbnb capacity by listing both homes separately and marketing for events, family gatherings, and corporate stays.
• Pool-based revenue through hosting swimming lessons, children’s parties, or private functions in the 9m pool and lapa area.
• Long-term rental income from either residence while occupying the other.
• Home business opportunity using one dwelling as an office or service space.
• Potential to add additional accommodation units or entertainment areas on the generous 1 031 sqm stand, subject to municipal approval.

With its versatile layout and proven income track record, this property is well-positioned for a savvy buyer to scale earnings quickly.

Competition / Market:

While there are other short-term accommodation providers in Randfontein, very few offer two fully self-contained residences on the same stand, complete with a large event-ready pool and versatile space for dual income streams. Most competing Airbnbs in the area are single homes without the added potential for long-term rental, business use, or pool-based events. The property’s location in Greenhills — a quiet, secure suburb close to amenities — gives it a strong competitive advantage, appealing to both leisure and business travellers.

Trading hours:

As an accommodation business, operations run year-round, with 24/7 guest check-in and check-out available by prior arrangement. Bookings are managed online through Airbnb and other short-term rental platforms, allowing for flexible occupancy and maximising income throughout peak and off-peak seasons. As we also live-in the 2nd dwelling we sometimes close bookings for peersonal reasons

Employees:

2

Years established:

2

Other Information

Home based:

This business can be run from home