Perfect 1 Bedroom Investment for Student Accommodation or First-Time Investors!
Monthly Rental Income: R5,000
Occupancy: Already Tenanted
Located in the serene and central suburb of Glen Austin, Midrand, this modern studio apartment presents a rare opportunity for savvy investors or those looking to break into the property market with ease.
Currently occupied by a reliable tenant generating a monthly income of R5,000, this unit offers immediate returns on investment.
Located in the serene and central suburb of Glen Austin, Midrand, this modern studio apartment presents a rare opportunity for savvy investors or those looking to break into the property market with ease. A walking distance to Eduvos Midrand Campus , Next to Life Carstenhof Hospital and 10 minutes from Mall of Africa and Waterfall area.
Currently occupied by a reliable tenants generating a combined monthly rental income of R5,000, this unit offers immediate returns on investment and lease will be continued.
??? Property Features:
• Open-plan Studio Layout
• Kitchenette with built-in cupboards
• Private Bathroom with shower
• Tiled floors throughout
• Secure access with controlled entry
• Designated parking available
• Low maintenance unit – ideal for student rental or short-term stays
?? Why Invest in Glen Austin, Midrand?
Glen Austin is a sought-after area for students and young professionals due to its prime location, peaceful environment, and proximity to top educational institutions and amenities.
?? Nearby Attractions & Amenities:
• Eduvos Midrand Campus – just minutes away
• Pearson Institute of Higher Education – nearby for student rental demand
• UNISA Graduate School of Business Leadership (SBL) – short commute
• Mall of Africa – world-class shopping, dining, and entertainment
• Waterfall City – thriving business hub
• Grand Central Airport – quick access for business travelers
• Midrand Gautrain Station – fast public transport to Sandton, Pretoria, and OR Tambo
• Life Carstenhof Hospital -
• Numerous local shops, restaurants, and gyms
• Easy access to N1 and R55 highways
?? Investor Highlights:
• Already tenanted with consistent income
• Popular student rental area
• Growing demand for affordable housing in Midrand
• Low management and maintenance overheads
• Strong capital appreciation potential in Midrand’s growing property market