8 Bedroom Freehold For Sale in Glen Austin AH

R4,750,000

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

Web Ref No RL41044

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

Bedrooms 8
Bathrooms 5
Recep. Rooms 6
Dom. Accom. 1
Garages 2
Land Size 25,696m²
Carports/Parkings 8
Pets Allowed Yes
Monthly Rates R2,500.00