R 3 200 000
calculate bond costs
1.2 ha Smallholding in Glen Austin AH
14
10
1.2 ha
289 m²
Suitable for Student housing development
Situated on Alsation Road within walking distance from Eduvos university campus, Carstenhof Hospital and Sparks School. This proeprty has a rental income of R34,600 gross which will cover the bond whilst changing rights for housing development.
Current income is from:
Unit 9 = 4 Bedrooms, kitchen and 2 bathrooms
Unit 1 = 2 bedrooms, lounge, dining, kitchen, 2 bathrooms
Unit 2 = 1 Bedroom, lounge, kitchen, 1 bathroom
Unit 3 = 3 bedrooms, i lounge, 1 kitchen, 2 bathrooms
Unit 4 = 1 Bedroom , kitchen, bathroom
4 x rooms sharing 2 bathrooms
Borehole, private driveway, there is a river on the boundary. The adjacent property is also on the market and both together are company owned.
Please call for a viewing.
Property details
- Listing number T5288515
- Property type Small Holding
- Listing date 2 Nov 2025
- Land size 1.2 ha
- Floor size 289 m²
- Rates and taxes R 2 027
Property features
- Bedrooms 14
- Bathrooms 10
- Lounges 3
- Dining areas 1
- Flatlets
- Pet friendly
- Security post