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R 410 000 Bond Calculator | 1 Bedroom Apartment / Flat for Sale in Glen Austin AH

Midrand, Glen Austin AH

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Perfect 1 Bedroom Investment for Student Accommodation or First-Time Investors!

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


Property Overview

Listing Number
115962869
Type of Property
Apartment / Flat
List Date
13 May 2025
Floor Area
24 m²
Price per m²
R 17 083
Rates and Taxes
R 410
Pets Allowed
No

Rooms

Bedroom
1
Bathrooms
1
Kitchens
1

External Features

Parking
1
Parking
Carport

Building

Wall
Plaster
Floor
Tiled Floors


Contact AgentWeb Ref 115962869

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Motsoka Mudau
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