Endless opportunity for entrepreneurs on Glen Austin’s main artery — expansive 25,677m² stand with direct Olifantsfontein Road frontage, solar power, two flatlets, three bedrooms and two bathrooms.
Positioned on a generous 25,000m2 stand bordering directly onto Olifantsfontein Road, this property offers exceptional visibility and accessibility, presenting a rare opportunity for buyers looking to unlock future business or development potential in the sought-after Glen Austin area.
The property currently features the original homestead, offering three bedrooms, two bathrooms, a dedicated office, and an open-plan kitchen and lounge area. While the home is structurally sound, it will require renovation and modernisation, making it ideal for buyers looking to restore, repurpose, or redevelop according to their vision.
Adding immediate value are two separate flatlets, providing excellent income-generating potential or accommodation for extended family, staff, or tenants.
Infrastructure highlights include:
The true standout feature of this property is its strategic location along Olifantsfontein Road, making it particularly attractive for buyers considering commercial, mixed-use, or business-related opportunities.
Please note: The property is currently zoned for agricultural/residential use. Any potential rezoning, business rights, consent use, subdivision, or development opportunities would be subject to approval by the relevant local authorities and municipal regulations.
With increasing commercial expansion and demand along key arterial routes, properties of this size and positioning are becoming increasingly scarce.
This is an exceptional opportunity for investors, developers, or entrepreneurs seeking a well-located property with significant long-term potential.
On Sole Mandate to Harcourts Lifestyle – please contact me to arrange a viewing.
Listed for sale at R4,650,000
Price reduced by 3.2% to R4,500,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 214 listings in Midrand (town)
Insight
Priced above the median for similar properties in the area.
Benchmark uses town-level data where suburb sample size is limited. Premium areas may trade above town averages - check with the agent for local guidance.
Similar properties pricing
Affordability
R 44,174 / month
Estimated bond repayment
20 years · 10.25% · 0% deposit
Market depth
214 similar listings
High similar-home inventory town-wide (Midrand)
Median time on market: 152 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Glen Austin AH offers residents a tranquil, semi-rural lifestyle with spacious properties while still providing convenient access to the amenities of Midrand and Johannesburg.
* Distances and amenities are approximate.