Glen Austin AH, Midrand, Gauteng

Income-generating property in Glen Austin MIdrand | Investment property | Rental income | ±8,566m² | Multiple income streams

Proudly presented by the #1 Realtors in Midrand Kuan Wen Ting and Virginia Mashita of Leapfrog Property Group.

An exceptional income-generating property for sale in Glen Austin, Midrand, offering investors a rare combination of substantial land, residential rental accommodation and established operating businesses.

Situated in Glen Austin Agricultural Holdings, Midrand, this ±8,566m² property offers approximately ±1,200m² under roof and multiple existing income streams.

The property is ideally suited to an investor looking for an income-producing property in Midrand, a Glen Austin investment property, or a property with the potential to increase its existing rental income.

CURRENT INCOME

The property currently generates approximately R67,000+ per month from multiple established income sources.

Income is generated through:

* 7 residential rental units

* Security dog boarding and care operation

* Dog parlour

Having multiple income streams provides diversification and reduces reliance on a single source of income.

RENTAL INCOME & GROWTH POTENTIAL

The 7 residential units currently generate approximately R40,000 per month in rental income.

There is potential to increase the rental income over time. If all seven units achieve R7,000 per month, the residential rental component could generate approximately R49,000 per month.

This represents potential additional rental income of approximately R9,000 per month, or R108,000 per annum, subject to market conditions, tenant demand and occupancy.

Including the existing operational income, the property has potential gross income of approximately R76,000 per month.

ESTABLISHED INCOME-PRODUCING OPERATIONS

The property includes an established security dog boarding and care operation, currently accommodating 17 security dogs.

An on-site dog parlour provides an additional income stream. Dog parlour income fluctuates seasonally, with winter generally being quieter and demand typically increasing during warmer months.

Additional staff overtime generated by the operations is excluded from the stated income figures.

PROPERTY FEATURES

* ±8,566m² land

* ±1,200m² under roof

* 7 residential rental units

* Multiple income streams

* Current income of ±R67,000+ per month

* Potential gross income of ±R76,000 per month

* 17 security dogs currently accommodated

* Established dog parlour

* Borehole water

* Prepaid electricity

* Existing building plans

* Engineer’s certificate available

* On-site operational staff

* Electrical and maintenance support

GLEN AUSTIN, MIDRAND INVESTMENT OPPORTUNITY

Glen Austin, Midrand is an established area known for larger properties and agricultural holdings, while benefiting from proximity to the wider Midrand residential and commercial market.

This Glen Austin property for sale offers investors the opportunity to acquire a large holding with existing income, rental accommodation and established operational activities.

The property is currently Agriculturally zoned. There has been discussion regarding potential future land-use changes in the area; however, any rezoning or development rights remain subject to the required municipal approvals.

Whether you are searching for an income-generating property in Midrand, an investment property in Glen Austin, a rental income property, or a large property with multiple income streams, this property offers an unusual combination of existing income and future optimisation potential.

Book a private viewing today with Kuan Wen Ting and Virginia Mashita of Leapfrog Property Group Midrand

Private viewings by appointment and subject to Pre-Approval.

Supporting property and income documentation available to serious purchasers.

Whilst every care has been taken in the preparation of this listing, we cannot be held responsible for any errors / omissions which may occur.