Midrand, Glen Austin AH
A remarkable smallholding is now available for sale in the picturesque Glen Austin AH, situated in Midrand. This property presents an exceptional chance for investors seeking a plot in a thriving agricultural region, where the potential for growth and development is abundant. With its serene surroundings and fertile land, this smallholding is ideal for those looking to cultivate crops, raise livestock, or simply enjoy the tranquility of rural living while still being close to urban amenities.
Nestled in the heart of Glen Austin X1, this smallholding is not just a piece of land; it’s an invitation to embrace a lifestyle steeped in nature and agricultural possibilities. The area is known for its rich soil and favorable climate, making it a prime location for various farming ventures. Whether you envision a sustainable farm, a weekend retreat, or a long-term investment, this property offers the perfect canvas to bring your agricultural dreams to life while enjoying the charm of Midrand's countryside.
The property spans an impressive 1.23 hectares, equivalent to 12,300 square meters, and is zoned for business use, making it an ideal location for a variety of commercial enterprises. It features a robust borehole and three-phase electricity, ensuring a reliable supply of both water and power. The expansive enclosed yard offers significant potential for truck storage or could be transformed into a warehouse, guest house, or educational facility. The entire perimeter of the property is fortified with sturdy walls, providing security and privacy for any business operations.
In addition to its commercial potential, the property includes a main residence measuring 100 square meters, which comprises three well-appointed bedrooms, two bathrooms, a generous kitchen, and a welcoming open lounge area. Furthermore, there is a thatch house on the premises that presents an opportunity for renovation, allowing it to be converted into a vibrant entertainment space. This combination of residential and commercial features makes the property a versatile investment for those looking to capitalize on its many possibilities.
The property boasts 15 generously sized apartments, each covering an area of 60 square meters, offering investors the flexibility to transform them for various purposes. With the potential to generate a monthly rental income of no less than R75,000, this asset presents a remarkable opportunity for those looking to invest in the buy-to-rent market. Additionally, comprehensive building plans for the property are conveniently accessible, making the transition to development or renovation seamless.
Investors will find this property particularly appealing due to its versatile layout and strong income potential. The spacious flats not only provide ample living space but also allow for creative reimagining, whether for residential leasing or alternative uses. With the availability of detailed building plans, prospective buyers can easily visualize the possibilities and make informed decisions about maximizing their investment.