Commercial space in Glen Austin AH

50-Bed Medical / Substance Abuse Rehabilitation Centre:

Unlock the future of healthcare real estate with this rare, high-impact investment. Perfectly positioned in Gautengs fast-growing Midrand node, this 29-room former hotel offers an extraordinary opportunity to transform into a licensed 50-bed substance abuse rehabilitation centre a market segment facing acute demand and rapid growth.

Key Features & Highlights

Consent Use Approved (May 2023): Fully sanctioned for medical use, resolving zoning risks and paving the way for turnkey redevelopment.

Unbeatable Location: 10 mins from Gallagher Convention Centre & Boulders Mall, near OR Tambo & Lanseria Airports, and just a heartbeat away from Waterfall Citys booming commercial zone.

Undersupplied Market: Gautengs critical shortage of rehab beds creates urgent demand making this property a direct answer to a growing public health crisis.

Conversion-Ready Infrastructure: 29 en-suite rooms, restaurant, 2 large conference spaces, gardens, pool, kitchen all primed for medical adaptation and fast go-live.

Lucrative Potential: Estimated annual gross revenue of R36M with NOI of R16.2M. Acquisition cost per bed just R380K with a projected stabilized value of up to R231.4M!

Perfect for:

Healthcare investors | Private equity firms | Property developers | High-net-worth individuals

Make a powerful entry into South Africas rapidly expanding healthcare sector. This is more than a property its a purpose-driven, financially sound solution to one of Gautengs most urgent health infrastructure gaps.

Contact me to Arrange a Viewing!

Dont just invest transform lives while building lasting value.

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