NEW
16 Bedroom Freehold For Sale in Glen Austin AH
R5,100,000
Monthly Bond Repayment R51,776.67
Calculated over 20 years at 10.75% with no deposit.
Web Ref
RNR26743
10 Cottages and kennels on 8566 m² stand in Glen Austin
DESCRIPTION 34 ALLAN ROAD
10 spacious cottages and kennels on 8566 m² stand in Glen Austin. Investors’ dream!!
This tree rich, prime property in Glen Austin offers 10 tenanted cottages:
5 x 2-bedroom, 3 x 1-bedroom and 2 bachelors cottages. The cottages have full bathrooms, except one with a shower only. They are all tiled, renovated with lovely, modern finishes. The bedrooms in 5 double storey cottages have laminated flooring. Two of the cottages have fire-places. The cottages are fenced off and on pre-paid electricity meters.
There are two more incomplete cottages, built roof-height which can be completed for even more income. The income on the property should cover the full bond-repayment.
The property boasts a spring water borehole with solar powered pump, providing water to the cottages and other amenities.
There are kennels, rented out to a security company with 24/7caretakers for both the dogs grooming and the upkeep of the property. There is also a doggie parlour, should you wish to continue with the small business. At the gate is a small gate-house. There are also staff quarters and store rooms.
The property is situated safely away from the main road on a panhandle.
The area offers many different security companies, regularly patrolling. The property is fully walled, with two entrance gates.
This is an investment opportunity not to be missed!!
10 spacious cottages and kennels on 8566 m² stand in Glen Austin. Investors’ dream!!
This tree rich, prime property in Glen Austin offers 10 tenanted cottages:
5 x 2-bedroom, 3 x 1-bedroom and 2 bachelors cottages. The cottages have full bathrooms, except one with a shower only. They are all tiled, renovated with lovely, modern finishes. The bedrooms in 5 double storey cottages have laminated flooring. Two of the cottages have fire-places. The cottages are fenced off and on pre-paid electricity meters.
There are two more incomplete cottages, built roof-height which can be completed for even more income. The income on the property should cover the full bond-repayment.
The property boasts a spring water borehole with solar powered pump, providing water to the cottages and other amenities.
There are kennels, rented out to a security company with 24/7caretakers for both the dogs grooming and the upkeep of the property. There is also a doggie parlour, should you wish to continue with the small business. At the gate is a small gate-house. There are also staff quarters and store rooms.
The property is situated safely away from the main road on a panhandle.
The area offers many different security companies, regularly patrolling. The property is fully walled, with two entrance gates.
This is an investment opportunity not to be missed!!
Features
Pets Allowed
Yes
Interior
Bedrooms
16
Bathrooms
12
Kitchen
10
Reception Rooms
10
Furnished
No
Exterior
Security
No
Parkings
16
Domestic Accomm.
2
Pool
Yes
Scenery/Views
Yes
Sizes
Land Size
8,566m²
Glen Austin AH, Midrand
The buzzing area of Midrand is situated in-between Centurion and Sandton, and is part of the City of Johannesburg Metropolitan Municipality. Breath-taking views can be seen from astounding residential estate family homes, while stylish apartments in the city centre are sought-after by young adults or newly married couples. Midrand is a thriving business node, home to many leading corporations such as Vodacom,...
More Info
Glen Austin AH in the news
Things to do in Midrand
Midrand is a buzzing city with a plethora of activities for both residents and tourists to enjoy.
Elma Swanepoel
Sales Executive Registered with PPRA(FFC 202401036403038)
Cell 066 566 4904
Office 087 655 8000
