5 Bedroom House For Sale in Waverley
R4,350,000
Monthly Bond Repayment R44,900.20
Calculated over 20 years at 11% with no deposit.
Web Ref No 6920746
Prime Development Opportunity in Waverley – Subdivided Stand with Endless Potential
Nestled in the heart of sought-after Waverley, this expansive 3,718m² stand has already been subdivided into three portions (ranging from 1,000m² to 1,404m²), making it an exceptional investment opportunity. Whether you're a developer looking to create a multi-unit residential enclave or a homeowner seeking a spacious property with room for expansion, this versatile site offers multiple possibilities.
The Regulation 38 approval is complete, paving the way for a seamless development process.
Property is company owned, therefore there is no transfer duty is payable.
Development & Renovation Options:
• Demolish and develop three modern homes, clusters, or apartments.
• Retain the existing home, renovate, and build two additional residences on either side.
• Keep the entire stand as a spacious private estate with a tennis court and pool.
Existing Structures:
A large family home sits on the property, currently tenanted at a fair rental, ensuring an income stream while planning your development. The home features:
• Generous living areas
• 4–5 bedrooms (including two en-suite)
• A spacious cottage with a separate bedroom and living area (attached to the main house and would need to be demolished for subdivision)
• A swimming pool and tennis court (requiring repair)
• Ample off-street parking
Renovation Needs:
The kitchen, bathrooms, flooring, and roof require attention to modernize the home. For those looking to restore its charm, this property provides an excellent foundation for a stunning transformation.
Key Features:
3 subdivided stands – 1,000m², 1,312m², 1,404m²
Reg 38 completed for development ease
Spacious main home with generous interiors
Self-contained cottage (attached)
Large Garden with swimming pool
Tennis court (in need of repair)
Multiple off-road parking spaces
Prime location in sought-after Waverley
Location & Lifestyle:
Waverley is renowned for its tree-lined streets, vibrant Jacaranda blooms, and serene residential atmosphere. Centrally positioned, it offers:
• Quick access to major highways (M1, Louis Botha Ave)
• Proximity to top schools, shopping hubs, and places of worship
• A family-friendly, well-established community
Priced to sell – Don’t miss this unique opportunity!
Call today to schedule a viewing and explore the possibilities
The Regulation 38 approval is complete, paving the way for a seamless development process.
Property is company owned, therefore there is no transfer duty is payable.
Development & Renovation Options:
• Demolish and develop three modern homes, clusters, or apartments.
• Retain the existing home, renovate, and build two additional residences on either side.
• Keep the entire stand as a spacious private estate with a tennis court and pool.
Existing Structures:
A large family home sits on the property, currently tenanted at a fair rental, ensuring an income stream while planning your development. The home features:
• Generous living areas
• 4–5 bedrooms (including two en-suite)
• A spacious cottage with a separate bedroom and living area (attached to the main house and would need to be demolished for subdivision)
• A swimming pool and tennis court (requiring repair)
• Ample off-street parking
Renovation Needs:
The kitchen, bathrooms, flooring, and roof require attention to modernize the home. For those looking to restore its charm, this property provides an excellent foundation for a stunning transformation.
Key Features:
3 subdivided stands – 1,000m², 1,312m², 1,404m²
Reg 38 completed for development ease
Spacious main home with generous interiors
Self-contained cottage (attached)
Large Garden with swimming pool
Tennis court (in need of repair)
Multiple off-road parking spaces
Prime location in sought-after Waverley
Location & Lifestyle:
Waverley is renowned for its tree-lined streets, vibrant Jacaranda blooms, and serene residential atmosphere. Centrally positioned, it offers:
• Quick access to major highways (M1, Louis Botha Ave)
• Proximity to top schools, shopping hubs, and places of worship
• A family-friendly, well-established community
Priced to sell – Don’t miss this unique opportunity!
Call today to schedule a viewing and explore the possibilities
Features
Bedrooms 5
Security Yes
Bathrooms 3
Recep. Rooms 4
Dom. Accom. 1
Study 1
Garages 2
Land Size 3,718m²
Pool Yes
Security Yes
Bathrooms 3
Recep. Rooms 4
Dom. Accom. 1
Study 1
Garages 2
Land Size 3,718m²
Pool Yes
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