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32 Alsatianroad, Glen Austin Gauteng, Glen Austin Ah, Midrand, Gauteng
R 425 000
Positioned for profit and perfectly located, this unique 1-bedroom apartment in Glen Austin has been cleverly converted into a fully functional laundromat—right in the heart of a thriving student hub. Surrounded by two additional student accommodations and set within a student residence, this property enjoys constant foot traffic and consistent demand, making it an ideal income-generating investment. With a built-in client base and high daily usage potential, it offers immediate returns and long-term growth. A rare opportunity to own a business-ready unit in a high-demand location—where convenience meets cash flow.
Estimated monthly repayment
R 4 013
on a R 382 500 bond over 20 years at 11.25%
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32 Alsatianroad, Glen Austin Gauteng, Glen Austin Ah, Midrand, Gauteng
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Fair-value check
Good valuePriced 28% below comparable 1-bed apartments for sale in Glen Austin Ah
Based on 9 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Willem Khumalo
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