8,566m² Farm For Sale in Glen Austin AH

A Sanctuary of Space, Sustainability & Income generating investment. Prime corner stand property of 8566sqm in size situated in the heart of Glen Austin bordering Randjesfontein equestrian Estate. This property presents multiple potentials beyond residential use. Currently achieving net rental income of over R45,000 monthly excluding the main house, a residential business use option will definitely increase the rental yield/returns.

Consisting of a 4 bedroom main residence, additional semi-attached 3 bedroom house and multiple income generating cottages, ranging from 2 bedroom to bachelor units. It also has 2 entrances with automated gates. A centralized entertainers courtyard for hosting and relaxation.

Main Residence: 4 bedrooms, 2 bathrooms, study/office, open plan kitchen, pantry, dining, living area and patio overlooking the gunite swimming pool and lush gardens.

Second Residence: 3 bedrooms, 2 bathrooms attached house, consists of a living and dining area, kitchen and scullery, patio and private garden. Rental yield of R11000 per month.

Cottage 1-Bachelor unit: Monthly Rent-R4,750
Cottage 2-Bachelor unit: Monthly Rent-R4 500
Cottage 3-1 bedroom, 1 bathroom: Monthly Rent-R6,800
Cottage 4-2 bedrooms, 1 bathroom: Monthly Rent-R8,500
Cottage 5-Bachelor unit: Monthly Rent - R4,750
Cottage 6-Bachelor unit: Monthly Rent - R4,750

Extra Features:
*Solar powered with 10kVA battery in main residence
*40,000L/hr Borehole with excellent water quality
*Stables [requires restoration/upgrade]
*Staff Quarters
*2 Storerooms
*1 Workshop