Prime 1-Hectare Glen Austin Smallholding: Immediate R15k/mo Income + High-Yield Development Potential
Discover a rare investment opportunity in the heart of Glen Austin, Midrand. This expansive 10,000m² (1 Hectare) property offers the perfect blend of immediate, steady cash flow today and massive capital growth or redevelopment potential for tomorrow. Whether you are an astute investor, developer, multi-family buyer, or land banker, this property is a versatile asset in a highly sought-after location.
Immediate rental income from the two established, fully independent cottages currently generating R7,500 per month each, providing a reliable and immediate total cash flow of R15,000 per month. The main residence features a comfortable two bedroom, two bathroom layout (main bedroom features an en-suite bathroom)Inviting living spaces equipped with ceiling fans and a cozy fireplace.
Covered patio overlooking a private, mature garden, a sparkling swimming pool perfect for relaxation and entertainment. Get security and peace of mind from this fully walled perimeter, razor wire fencing, secure, private automated access control. Future development and land bank potential, with 10,000m² of prime Midrand land at your disposal, the future possibilities are endless.
Keep the current structure as a high-yield investment, build additional cottages to scale your monthly rental income, extend the existing dwellings for multi-family living, or redevelop the entire site to maximize its zoning potential. Opportunities of this scale and income caliber are rare in Midrand.
Contact us today to schedule your private viewing and secure your future returns.