R3,900,000

R3,900,000

8,791m² Small Holding For Sale in Glen Austin AH
14
Bedrooms
9
Bathrooms
Exclusive Mandate
102 Alsation Road
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Pay the bond from the rentals - development opportunity

Web Ref. RL5154
Land size 8791.00 m²
Floor size 490.00 m²
Monthly Bond Repayment
R38,936.81
This property is suitable for further development for student housing. It is situated on Alsation road within walking distance of the Eduvos university campus. This property is currently generating an income of R38700 per month gross from the units as detailed below.

Unit A = 1 Bedroom, lounge, dining, kitche, bathroom
Unit B = 2 Bedroom, lounge, kitchen, bathroom
Unit C = 2 bedroom, lounge, kitchen 2 bathrooms
Unit D = 1 Room with bathroom
Unit E = 2 Bedroom, kitchen, bathroom
Unit F = 1 Bedroom, lounge, kitchen, bathroom
5 x Rooms sharing 2 bathrooms

In addition a large entertainment area, additional guest toilet, pool

The property shares a driveway with the property below (which is also on the market) but has its own direct driveway access available as well as panhandle access from the adjacent properties.
It has a borehole. and is fully walled, fenced and gated.

Amenities close by include Carstenhof Hospital, Eduvos University, Spark Primary and High School and Mall of Africa. Close to the Turkish mosque and Allandale Road, this is an ideal development site.

Please call to view.
Monthly Rates R2,631

Features

Interior
14 Bedrooms
9 Bathrooms
6 Kitchens
4 Lounges
1 Dining Room
Exterior
15 Parkings (Secure Parking)
11 Flatlets
Pet Friendly
Pool
Security
Domestic Accom
Sizes
Land Size 8,791 m²
Floor Size 490 m²
Listing Info
Date Listed 06-10-25
Time Listed 10:01

Glen Austin AH, Midrand

Google map for 8,791m² Small Holding For Sale in Glen Austin AH

Disclaimer

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