5 bedroom House for sale in Glen Austin Midrand
EXCEPTIONAL INVESTMENT & DEVELOPMENT OPPORTUNITY
AN INVESTOR'S DREAM WITH MULTIPLE INCOME & DEVELOPMENT POSSIBILITIES
Whether you are looking for a large family property with rental income, a multi-unit investment, a live-and-rent opportunity, a property with commercial/warehouse potential, or a development opportunity, this property deserves your attention.
The property currently generates R24,200 per month in rental income, excluding the spacious main house and the ±100m² warehouse, creating excellent potential for additional income.
MAIN HOUSE
Spacious and modern 3-bedroom home featuring:
3 bedrooms, all en-suite
Guest toilet
Modern kitchen with gas stove
Separate scullery with direct garden access
2 large lounges
4 RENTAL COTTAGES
2-bedroom cottage: Huge lounge, large kitchen, full bathroom with bath & shower, plus approximately 600m² of private enclosed land.
1-bedroom cottage: Open-plan kitchen, lounge, patio, full bathroom with bath & shower and private garden.
1-bedroom cottage: Kitchen, lounge, full bathroom and private garden.
1-bedroom cottage: Separate toilet and shower.
±100m² WAREHOUSE
A major added advantage! Approximately 100m² warehouse with its own toilets and an additional room at the back. Excellent potential for business, storage or additional rental income, subject to zoning/municipal requirements.
PRIME LOCATION & ACCESS
Situated directly on George Road with its own exclusive private panhandle driveway, which can be secured and closed off from the main road.
±1 minute to Old Pretoria/Johannesburg Road & N1
±5 minutes to Boulders Mall, Sanridge Shopping Centre & Carlswald Shopping Centre
±10 minutes to Mall of Africa
ADDITIONAL FEATURES
±9,936m² land
Huge swimming pool
Reliable borehole
Automated gate
Intercom dedicated to each cottage
Security cameras & beam lights
Multiple private gardens and outdoor areas
A rare opportunity to acquire a substantial main-road property with existing rental income, a warehouse, multiple dwellings and significant future potential.
Contact us today to arrange a private viewing.
Features
Glen Austin AH, Midrand
- Street map
- Street view
Finance
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Disclaimer
While every effort will be made to ensure that the information contained within the Chas Everitt website is accurate and up to date, Chas Everitt makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
