R 5 700 000 | farm property for sale in glen austin

This property, located in Glen Austin X1, Midrand, offers a unique opportunity for investors looking for an agricultural area plot. The plot measures 1.23 hectares (12,300 sqm) and has business rights, making it suitable for various business ventures. The property boasts a strong borehole and 3 phase electricity, providing ample water and power supply. Additionally, the large enclosed yard can be utilized for truck storage or other business opportunities such as a warehouse, guest house, or school. The boundaries of the property are secured by solid walls. The property also includes a main house, sized at 100 square meters, with three bedrooms, two bathrooms, a spacious kitchen, and an open lounge. There is also a thatch house on the property, which can be renovated and used as an entertainment area. The property also features 14 spacious flats, totaling 60 square meters, which can be converted into any desired use by the investor. With a potential rental income of at least R70,000 per month, this property is an excellent buy-to-rent investment. Building plans for the property are readily available.