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.
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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Please note: Most banks charge an administration and initiation fee. Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.