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R17,000,000
$927,503
£717,621
€857,565

28 bedroom small holding for sale in Glen Austin

28 Beds
3 Baths
0.8,565ha
Pool
Reduced
Investment Opportunity: Transformative Property In Midrand

Introducing a versatile property opportunity in the heart of Glen Austin, Midrand, Johannesburg. This expansive property is perfectly suited for a variety of purposes, making it an ideal investment for those seeking a lucrative venture. Whether you envision an entertainment/function venue, guest house & conference facility, team building facility, wedding venue, student accommodation, old age home, nursing home, health/drug rehabilitation facility, or any other innovative concept – this property offers the space and amenities to bring your vision to life.

Featuring 28 spacious en-suite rooms, a welcoming lounge area, a dining facility capable of accommodating approximately 80 guests, and a conference room that can host gatherings of 100-150 attendees (dependent on seating arrangements), this property is designed to cater to a diverse range of needs. Additional highlights include a reception area, office space, convenient store-rooms, a refreshing pool for relaxation, and ample parking space for over 100 cars. Some rooms are configured to accommodate up to 4 guests comfortably, ensuring flexibility and convenience for various setups.

Strategically positioned on the main street of Glen Austin, this property boasts easy accessibility from both Johannesburg and Pretoria, providing seamless connectivity to neighboring areas such as Sandton, Kempton Park, Kyalami, Centurion, and Sunninghill. Don't miss this exceptional opportunity to establish a thriving business or create a unique living space in a prime location with endless possibilities. Schedule a viewing today and unlock the potential of this remarkable property in Glen Austin, Midrand.

Property Type
Small Holding
Bedrooms
28
Bathrooms
3
Stand Size
0.8,565ha
Living Area
3
Rates & Taxes
R4,400
Pool
Yes
Garden
Yes
Available From
26 Jun 2024
Reference
2261955
Estimated monthly costs
Understand your true monthly costs by factoring in your loan repayments, utilities, rates & taxes and levies where applicable and supplied by the agent.
R179,872
Home loan repayment
R175,472
Rates and taxes
R4,400
Utilities
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R0
Property history
Listed for sale at R17,000,000
24 Jun 2024
Get to know Midrand
Nowhere is the old adage of “location, location, location” more prominent than it is in Midrand. This once small halfway house has grown into a fully fledged hub of activity.
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