Glen Austin AH – Income-Producing Units

Key Features

• 8 565 m² stand
• 1 000 m² under roof
• Secure panhandle position, set back from the main road
• 5 x two-bedroom units
• 3 x one-bedroom units
• 2 x bachelor cottages
• Recently renovated with modern finishes
• Fully tiled interiors
• Full bathrooms in most units, with one unit fitted with a shower
• 2 units include fireplaces
• Each unit separately fenced for privacy
• Pre-paid electricity meters
• 2 additional incomplete units built to roof height
• Spring water borehole with solar-powered pump
• Kennels currently rented to a security company
• Doggie parlour
• 24/7 caretakers on site
• Gatehouse
• Fully walled property
• 2 entrance gates

Full Property Description

Privately positioned on a secure panhandle and safely set back from the main road, this exceptional Glen Austin AH property presents a rare opportunity to acquire a versatile, income-producing investment with multiple revenue streams and future expansion potential.

Set on a generous 8 565 m² stand with approximately 1 000 m² under roof, the property comprises 10 recently renovated residential units, including five two-bedroom units, three one-bedroom units, and two bachelor cottages. The units have been finished with modern touches and fully tiled interiors, creating clean, practical, and appealing living spaces for tenants.

Most units feature full bathrooms, while one unit is fitted with a shower. Two of the residences also include fireplaces, adding warmth and character. Each unit is separately fenced, offering privacy and convenience for occupants, while the inclusion of pre-paid electricity meters makes ongoing management simpler and more efficient.

The property also offers excellent future growth potential, with two additional incomplete units already built to roof height. This gives the purchaser the opportunity to further enhance rental income once completed.

Operationally, the property is well-equipped for long-term value. A spring water borehole with a solar-powered pump supports more cost-effective and sustainable running costs, while additional features such as a doggie parlour, gatehouse, 24/7 caretakers, dual entrance gates, and a fully walled perimeter contribute to the property’s functionality and security.

Further income potential is already in place through kennels currently rented to a security company, adding another practical revenue stream to the investment profile. The surrounding area is also well-supported by multiple security companies conducting regular patrols, adding to the overall peace of mind.

With an opening bid of only R2 000 000 and an estimated market value of R5 200 000, this is a high-impact opportunity for investors seeking strong income potential, future upside, and a substantial multi-unit property in Glen Austin AH.