10 Bedroom House in Glen Austin AH

Prime 8600m² Opportunity with 7 Charming Cottages Generating Good Monthly Rental Income

Set on an expansive 8600 square metre property surrounded by a huge, beautifully landscaped garden, this exceptional smallholding offers both lifestyle and strong income potential. A tranquil pond runs through the gardens, creating a peaceful and picturesque setting that enhances the natural beauty of the property. With the current tenants in place, the property is already generating over approximately R40,000 per month, making it an ideal opportunity for business-savvy buyers, or entrepreneurs looking to expand their portfolio.

The estate presents endless possibilities. It can continue operating as a high-yield rental property, or renovate and move into one of the homes on this property while renting the other cottages to supplement your bond repayments, or create a multi-generational family property housing a large extended family.

The outdoor features further enhance its appeal, including a swimming pool, a jacuzzi perfectly positioned to overlook the garden, pond, and pool area, a borehole for added water security, electric fencing, and burglar protection for peace of mind. The expansive and lush gardens stretches across the entire property, offering privacy and a serene atmosphere.

The main house welcomes you with a spacious lounge featuring beautiful wooden floors and air conditioning for comfort. There is a dining room leading into a kitchen with tiled floors and ceiling. The home includes two sizeable bedrooms, a full bathroom, as well as a separate toilet, making it practical and functional for family living or additional rental use. This could easily be expanded again to a 3-bedroom home if needs be.

In addition to the main house, there are a further six unique and charming cottages, each designed to accommodate different tenant needs or guest preferences. The first cottage is a double-storey unit. Upstairs, it features two bedrooms, a lounge or sitting area, a full bathroom, and a balcony with stunning views overlooking the jacuzzi, pool, and garden. Downstairs offers an open-plan layout with a kitchen, lounge, and dining area, creating a spacious and welcoming living space. The second cottage is a freestanding home with private separate garden, and offers a living room, kitchen, two large bedrooms, and a bathroom. The third cottage is an open-plan unit comprising a bedroom, mini kitchen, lounge area, and a shower with toilet, ideal for a single tenant or couple. The fourth, fifth and sixth cottages add to the income-generating potential, providing additional comfortable and well-designed accommodation. Each cottage has it''s own electricity meter for convenience.

With its substantial land size, established rental income, multiple dwellings, and beautiful garden setting, this property offers a rare combination of tranquility, versatility, and strong investment returns. Close to the R562 Olifantsfontein Road for easy access and convenience. Whether you choose to keep it as a multi-unit rental property, or amend to suit your needs, this is an opportunity not to be missed.

INFOGLOBE CENTURION PTY LTD trading as REMAX Infoglobe Midstream operates in terms of a franchise agreement with REMAX of Southern Africa.

INFOGLOBE CENTURION PTY LTD trading as REMAX Infoglobe Midstream operates in terms of a franchise agreement with REMAX of Southern Africa.