Glen Austin AH, Midrand, Gauteng
R 2,950,000
4 Beds | 4 Baths | 8,565 m² Land
Investment Property in Glen Austin, Midrand – 1 Hectare Income-Generating Multi-Let Asset with Cottages & Massive Development Potential
Investment Property for Sale in Glen Austin, Midrand – 1 Hectare Multi-Let Income Asset with Cottages and Huge Development Potential
Proudly listed by Leapfrog Property Group Midrand and presented by Kuan Wen Ting, the #1 Property Professional in Midrand, This is a rare investment property in Glen Austin, Midrand offering a powerful combination of immediate rental income, secure living, and long-term development potential.
Positioned on a massive 1-hectare stand in a well-established and conveniently located area close to schools and major routes, this property is perfectly suited for investors, developers, multi-family buyers, and buy-to-let landlords looking for a high-yield multi-let income asset with future growth upside.
The main residence is a spacious 2-bedroom home featuring large, sunny rooms with a classic old-school design.
The home includes 2 bathrooms, with one being an en-suite, and offers comfortable living with ceiling fans throughout and a fireplace that adds warmth and character.
The layout is practical, open, and well-suited for both family living or rental use, making it a flexible core structure within a larger investment setup.
The Open- Planned kitchen is well-proportioned with ample cupboard space and a practical design, making it ideal for everyday living and entertaining.
Step outside and you are greeted by a large swimming pool and a covered patio area, perfect for hosting guests or enjoying peaceful outdoor living.
The surrounding garden and mature greenery create a tranquil environment, making this property ideal for those who appreciate nature and privacy.
A key highlight of this investment property in Glen Austin, Midrand is the two fully self-contained cottages.
Each cottage offers 1 bedroom, 1 bathroom, and a private kitchen, with generous space and functional layouts.
Both cottages are currently generating approximately R7,500 per month each, delivering a combined estimated rental income of R15,000 per month.
This provides immediate cash flow, making this a true income-generating asset from day one.
The property is fully secured with wire fencing and razor wire, ensuring secure living in a safe and established neighbourhood.
The large stand offers exceptional development potential, with ample space for additional cottages, extensions, or future redevelopment opportunities.
This makes it not only an income-producing asset today, but also a strategic land bank investment for tomorrow.
This property is best suited for investors, developers, multi-family buyers, and buy-to-let landlords who understand the value of land size, rental income, and long-term capital growth in Midrand’s expanding market.
It is a true multi-let income asset with strong fundamentals and rare future upside.
Don’t miss this investment opportunity in Glen Austin, Midrand.
Contact Kuan Ting, #1 Property Professional in Midrand, today to schedule your viewing and secure this high-potential investment property before it is gone.
Whilst every care has been taken in the preparation of this listing, we cannot be held responsible for any errors / omissions which may occur.
Key Details
Reference LMDR-0212
Listing type Sale
Property type House
Listing zone Residential
Suburb Glen Austin AH
City Midrand
Province Gauteng
Property Details
Bedrooms 4
Bathrooms 4
Open parking 4
Covered parking 4
Land size 8,565 m²
T V Yes
Finishes Classic
Swimming pool Yes
Fence Yes
Patio Yes
Roof Tile
Garden Yes
Paved yard Yes
C C T V Yes
Kitchen Yes
Laundry Yes
Storage Yes
Lounges 1
Storeys 1
En-suite bathrooms 3
Flatlets 2
Fireplace Yes
Reception Yes
Scenic View Yes
Wall Spikes Yes
Smoking Allowed Yes
Pets allowed Yes
Guest toilet Yes
Dining areas 1
Family / TV room Yes
Garden Cottage Yes
Staff quarters Yes
Central Heating Yes
Built-in cupboards Yes
Wheel Chair Friendly Yes
Downloads & floorplans
Finance
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