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R 3 300 000

Farm for Sale in Glen Austin Ah

Glen Austin AH, Midrand

8 565 m²
- m²: 8 565 m²
- Hectares: 0.857 ha
- Acres: 2.116 acres

Contact Agent

William Masebe

Show Contact Number

Investment Small Holding Property - Mainhouse and 4 Cottages

This investment property is located within a boomed-gate small holding, offering a unique blend of country and urban lifestyles. Centrally situated in Midrand, it is within a 10 km radius of eight major shopping centers, including Mall of Africa, Carlswald Lifestyle Shopping Center, San Ridge Square, Blue Hills Shopping Center, The Boulders Shopping Center, Waterfall Ridge, Midrand City Shopping Center, and Tembisa Mall.

This property offers a blend of luxury living and lucrative rental income, making it an exceptional investment opportunity. The property spans 8,565 square meters, it has Borehole, swimming pool and ample outdoor space. This property presents an excellent investment opportunity with substantial rental income potential:

• Main House: A three-bedroom home with a solar system and a potential monthly rental income of R15,000 if not...

• Main House: A three-bedroom home with a solar system and a potential monthly rental income of R15,000 if not owner-occupied.

• Cottages:

o 1. Two-bedroom cottage: Generates R11,000 monthly.

o 2. Two-bedroom cottage: Generates R5,900 monthly.

o 3. One-bedroom cottage: Generates R5,850 monthly and.

o 4 One-bedroom cottage: Generates R5,800 monthly.

Combined, the cottages generate a total rental income of R28,550 per month, with additional income potential from the main house.

Property Description

This exceptional investment property combines functionality and charm, offering a range of accommodations and income-generating opportunities.

Main House:

• Layout: A spacious 3-bedroom main country home.

o Main Bedroom: Features a walk-through dressing area and full ensuite bathroom.

o Living Areas: Includes four versatile spaces: a lounge, dining room, patio, and a bar.

o Kitchen: Fully fitted with a scullery and space for all appliances.

Additional Features: Separate bathroom, double garage, and ample additional parking.

Cottage 1:

• Open-plan living room and kitchen.

• Bathroom and spacious upstairs mezzanine bedroom.

• Enclosed private garden and secure parking.

• Connected to solar power.

Cottage 2:

• Large open-plan living room, kitchen, and bedroom.

• Bathroom and front porch.

• Secure parking.

• Connected to solar power.

Cottage 3:

• Open-plan living room and kitchen.

• Two bedrooms and a bathroom.

• Pre-paid electricity and secure parking.

Cottage 4:

• Open-plan kitchen with granite countertops, a gas hob, and an oven.

• Open-plan living areas featuring a built-in wood-burning oven/fireplace and an open-plan study.

• Two bedrooms, both ensuite.

• Additional Features: Triple carport, storeroom, maids’ quarters, and laundry room.

• Connected to solar power and equipped with gas geysers.

Listing number: P24-115300038, Image number: 1

Listing number: P24-115300038, Image number: 2

Listing number: P24-115300038, Image number: 3

Listing number: P24-115300038, Image number: 4

Listing number: P24-115300038, Image number: 5

Listing number: P24-115300038, Image number: 6

Listing number: P24-115300038, Image number: 7

Listing number: P24-115300038, Image number: 8

Listing number: P24-115300038, Image number: 9

Property Overview

Listing Number

115300038

Type of Property

Farm

Description

Freestanding

Listing Date

03 December 2024

Size of farm

8 565 m²

Rates and Taxes

R 1 900

Pets Allowed

Yes

Facilities

Bedrooms

Bathrooms

Main en Suite, Guest Toilet

Kitchens

Scullery, Laundry

Lounge

Dining Room

External Features

Garage

Garden

Yes

Pool

Yes

Building

Solar

Solar Geyser

Backup Water

Borehole

Other Features

Security

Security Gate

Special Feature

Paveway

Points of Interest

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