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R4,750,000

Monthly Bond Repayment R49,028.95
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Rates
R2,500

Prime Investment & Development Opportunity in Glen Austin

Location: Old Olifantsfontein Road, Glen Austin
Size: 25,696 sqm

Seize this exceptional investment opportunity in the heart of Glen Austin! This expansive 2.5-hectare property is perfectly positioned for development or income generation, with easy access to both the N1 and R21 highways.

Income-Generating Property
The property boasts multiple existing structures, including:
Main House – Divided into two income-generating units, each featuring:
2 Bedrooms
1 Bathroom
Lounge & Kitchen

Additional Cottages – A variety of 2-bedroom, 1-bedroom, and bachelor units provide substantial rental income.
Additional Structures:
Double Garage
Staff Quarters
Large Open Barn
Storage Barn

Reliable Water Supply: A strong borehole feeds the entire property.
Tranquil Setting: A picturesque spruit runs along the property, attracting an abundance of birdlife and creating a peaceful natural environment.
Ideal for Investors & Developers: Whether you’re looking to expand, develop, or continue generating rental income, this prime location offers endless potential.
Don’t miss out on this rare opportunity! Contact us today for a viewing.

Features

8
5
2
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
5
Kitchens
4
Reception Rooms
6
Exterior
Garages
2
Carports / Parkings
8
Domestic Accommodation
1
Sizes
Land Size
25,696m²

Glen Austin AH, Midrand

Midrand was established around a small village called Halfway House due to its location being halfway between Johannesburg and Pretoria.  Midrand is conveniently situated 38 kms from Lanseria airport and 22 kms from OR Tambo International airport. Midrand also offers residents commuting to and from the big cities convenient travel on the high-speed Gautrain rail system. The weather in Midrand is generally warm...
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

49,028.95

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