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10,230m² Small Holding For Sale in Glen Austin AH

R6,500,000


Monthly Bond Repayment R70,440.96
Calculated over 20 years at 11.75% with no deposit.

Web Ref No RL13973

EXCEPTIONAL INVESTMENT OPPORTUNITY:A VERSATILE OASIS WITH INCOME-GENERATING COTTAGES

MAIN RESIDENCE:
A charming double storey facebrick house welcomes you with 3bed rooms upstairs and 1 bedroom downstairs. A spacious kitchen, and open plan lounge. Warm up in front of a fire place during the chilling winter season or host gatherings or functions in the large thatch roof Lapa, creating an atmosphere of relaxation and entertainment.

Additional Structures:

Explore 14 garden cottages . Each with its own entrance, contributing to a rental earnings potential of approximately R70 000 per month.
A recently constructe shed , adaptable for use as a mini warehouse or storage facility.

Amenities and income Potential:
Benefit from a robust 3phase electricity supply and a prolific borehole producing thousands of litres per day.
The enclosed large yard presents versatile opportunities for other business ventures that could generate additional income.

Security and infrastructure:
Solid wall encompassing all boundaries ensure privacy and security.
Enjoy peace of mind with 24/7 excellent security, including cctv cameras, alarm systems and motion detection beams. The Property is equipped with an irrigation system for effortless maintenance.

Features

Bedrooms 18
Bathrooms 16
Flatlet 14
Recep. Rooms 2
Dom. Accom. 1
Study 1
Floor Size 580m²
Garages 2
Land Size 10,230m²
Carports/Parkings 10
Pool Yes
Pets Allowed Yes
Monthly Rates R1,080.00
Monthly Levy R1,200.00

Agent Contact Details

Diamond Ngwana
Choprop Sales

Cell 0683840311
Office (012) 6534444
WhatsApp Me
Lucy Martha Matseba
Choprop Sales

Cell 0842790300
Office (012) 6534444

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