R 3 200 000
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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

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