About this property

Investment Property for Sale in Glen Austin, Midrand – 1 Hectare Multi-Let Income Asset with Cottages and Huge Development Potential Proudly listed by Leapfrog Property Group Midrand and presented by Kuan Wen Ting, the #1 Property Professional in Midrand, This is a rare investment property in Glen Austin, Midrand offering a powerful combination of immediate rental income, secure living, and long-term development potential. Positioned on a massive 1-hectare stand in a well-established and conveniently located area close to schools and major routes, this property is perfectly suited for investors, developers, multi-family buyers, and buy-to-let landlords looking for a high-yield multi-let income asset with future growth upside. The main residence is a spacious 2-bedroom home featuring large, sunny rooms with a classic old-school design. The home includes 2 bathrooms, with one being an en-suite, and offers comfortable living with ceiling fans throughout and a fireplace that adds warmth and character. The layout is practical, open, and well-suited for both family living or rental use, making it a flexible core structure within a larger investment setup. The Open- Planned kitchen is well-proportioned with ample cupboard space and a practical design, making it ideal for everyday living and entertaining. Step outside and you are greeted by a large swimming pool and a covered patio area, perfect for hosting guests or enjoying peaceful outdoor living. The surrounding garden and mature greenery create a tranquil environment, making this property ideal for those who appreciate nature and privacy. A key highlight of this investment property in Glen Austin, Midrand is the two fully self-contained cottages. Each cottage offers 1 bedroom, 1 bathroom, and a private kitchen, with generous space and functional layouts. Both cottages are currently generating approximately R7,500 per month each, delivering a combined estimated rental income of R15,000 per month. This provides immediate cash flow, making this a true income-generating asset from day one. The property is fully secured with wire fencing and razor wire, ensuring secure living in a safe and established neighbourhood. The large stand offers exceptional development potential, with ample space for additional cottages, extensions, or future redevelopment opportunities. This makes it not only an income-producing asset today, but also a strategic land bank investment for tomorrow. This property is best suited for investors, developers, multi-family buyers, and buy-to-let landlords who understand the value of land size, rental income, and long-term capital growth in Midrand’s expanding market. It is a true multi-let income asset with strong fundamentals and rare future upside. Don’t miss this investment opportunity in Glen Austin, Midrand. Contact Kuan Ting, #1 Property Professional in Midrand, today to schedule your viewing and secure this high-potential investment property before it is gone. Whilst every care has been taken in the preparation of this listing, we cannot be held responsible for any errors / omissions which may occur.