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Austin View, Austin View, Midrand, Gauteng
R 2 500 000
Opportunity knocks for the visionary buyer! Situated in a highly sought-after position on Republic Road in Austin View, this 1-hectare Agricultural Holding with Business Rights presents an exceptional opportunity to restore and transform a property with enormous potential. While the property requires substantial renovation and refurbishment, the fundamentals are all here – a prime location, generous accommodation, business rights, and the space to create something truly remarkable. The main residence offers: • 3 Bedrooms • 1 Bathroom • Spacious open-plan kitchen and dining area • Large sunny lounge overlooking the swimming pool • Fantastic entertainment area complete with bar • Outdoor braai area perfect for family gatherings and entertaining Adding further value is a separate cottage which, once renovated, could provide excellent rental income or serve as ideal office premises. The cottage features: • Double garage • Large lounge/office area • Open-plan kitchen and dining room • Covered patio with awning Set on a full hectare, the property offers ample space for business operations, additional development or simply enjoying country-style living within easy reach of major routes and amenities. Please note: The property is being sold voetstoots (as is) and requires extensive work throughout. There is also an existing Eskom power supply issue which will need to be resolved by the purchaser. For buyers prepared to roll up their sleeves, this is a rare chance to secure a prime-position property at an attractive price and restore it to its former glory. With vision, investment, and effort, this could become an outstanding residential or business property that rewards every cent spent on its transformation. Priced to sell – bring your vision and unlock the potential of this Republic Road gem.
Estimated monthly repayment
R 23 608
on a R 2 250 000 bond over 20 years at 11.25%
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Austin View, Austin View, Midrand, Gauteng
Listed by
Michael Brown
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