10 Bedroom Freehold For Sale in Glen Austin AH

R3,500,000

Monthly Bond Repayment R36,723.96
Calculated over 20 years at 11.25% with no deposit.

Web Ref No RL23097

Property with Immense Business Potential in Glen Austin

Ideal for a Guest House or Student Accommodation
Nestled in the secure boomed area of Glen Austin, this property offers an excellent opportunity for entrepreneurial investors. With its spacious layout and versatile design, it is perfect for establishing a guest house or student accommodation.

Upon entering, you are welcomed by a charming foyer complete with a convenient guest toilet. The property features ten rooms and flatlets, each varying in size and all en-suite, ensuring privacy and comfort. These rooms all have private access from outside, enhancing the guest experience. The three large and bright communal sitting and dining areas are perfect for socializing and relaxing, making them ideal for guests to unwind.

The large kitchen and scullery area are well-equipped for extensive food preparation, ensuring that catering to multiple guests is both efficient and seamless. Staff rooms with en-suite bathrooms provide on-site accommodation for staff members, enabling them to offer round-the-clock service to guests.

Ample storage is provided throughout the property, with multiple storerooms scattered around and five additional wooden storerooms. The outdoor amenities are equally impressive, featuring a lovely swimming pool that, with some maintenance, can become a centerpiece for leisure activities. An enclosed patio with a braai area offers a perfect setting for outdoor gatherings, while the large open garden area provides a tranquil retreat for guests or residents.

The property benefits from a strong borehole, though it requires some maintenance to be fully operational. Additionally, the triple garage and sufficient parking space ensure that guests or residents will have no trouble finding a place to park.

While this property is structurally sound, it does need some painting and finishing touches to reach its full potential. Perfect for buyers looking to make this investment their own or for those seeking a rewarding renovation project.

On Exclusive Mandate to Harcourts - Don't miss out on this fantastic opportunity. Contact us today to arrange a viewing and explore the endless possibilities this property has to offer.

Features

Bedrooms 10
Security Yes
Bathrooms 12
Recep. Rooms 3
Dom. Accom. 2
Garages 3
Land Size 8,565m²
Carports/Parkings 5
Pool Yes
Monthly Rates R2,500.00

Extras Accommodation
Boomed Area
Borehole
Communal Braai Area
Country Living
Covered Patio
Fireplace
Staff Quarters Domestic Rooms