5 Bedroom House For Sale in Waverley
Prime 5-Bedroom Fixer-Upper with Subdivision Opportunity in Waverley
Endless Potential on 3 718m² in a Premier Location
Set in the heart of Waverley, this expansive 5-bedroom property offers a rare opportunity for renovators, developers, and families alike. Situated on a sprawling 3 718m² erf, the home boasts a partially completed subdivision—offering flexible options for the savvy buyer.
Choose to restore the existing Mid-century home to its former glory, complete the subdivision and unlock development potential, or clear the site and create a bold new vision from the ground up.
The main house offers generous proportions throughout, including five spacious bedrooms, multiple reception areas, and a substantial kitchen with a scullery and breakfast nook. North-facing bedrooms and a large patio ensure a sunny, welcoming ambiance. There's also a double lock-up garage, ample off-street parking, and a suite of outbuildings—ideal for staff accommodation, storage, or additional utility. This outbuilding could be converted to a second Home or Cottage.
The garden, with its towering, mature trees and once-proud pool shell, offers a charming backdrop for a landscaped masterpiece or a high-end redevelopment.
Whether you’re a developer looking for a prime piece of land in an established suburb, or a large family dreaming of a project home in a top location, this versatile property delivers exceptional value and countless possibilities.
Property Features
Bedrooms:
• 5 Bedrooms in total
• Main bedroom en suite with ample cupboard space
• 4 North-facing bedrooms
Bathrooms:
• 2.5 Bathrooms
• Guest cloakroom
Living Areas:
• Large lounge opening to patio
• Separate family room with fireplace
• Formal dining room
• Study
Kitchen:
• Spacious kitchen with breakfast nook
• Separate scullery/laundry
Outbuildings & Extras:
• 4 Staff rooms with bathroom and veranda
• Storeroom
• Double lock-up garage
• Long driveway with ample off-street parking
• Derelict pool (structure in place for potential restoration)
Development Potential:
• Subdivision plans on record (not yet passed by council)
• Regulation 38 not yet in place
• Buyer to pay outstanding costs related to subdivision
• Seller is registered for VAT
Stand Size: 3 718m²
Rates & Taxes: ± R3,000 per month
Asking Price: R4,560,000
Endless Potential on 3 718m² in a Premier Location
Set in the heart of Waverley, this expansive 5-bedroom property offers a rare opportunity for renovators, developers, and families alike. Situated on a sprawling 3 718m² erf, the home boasts a partially completed subdivision—offering flexible options for the savvy buyer.
Choose to restore the existing Mid-century home to its former glory, complete the subdivision and unlock development potential, or clear the site and create a bold new vision from the ground up.
The main house offers generous proportions throughout, including five spacious bedrooms, multiple reception areas, and a substantial kitchen with a scullery and breakfast nook. North-facing bedrooms and a large patio ensure a sunny, welcoming ambiance. There's also a double lock-up garage, ample off-street parking, and a suite of outbuildings—ideal for staff accommodation, storage, or additional utility. This outbuilding could be converted to a second Home or Cottage.
The garden, with its towering, mature trees and once-proud pool shell, offers a charming backdrop for a landscaped masterpiece or a high-end redevelopment.
Whether you’re a developer looking for a prime piece of land in an established suburb, or a large family dreaming of a project home in a top location, this versatile property delivers exceptional value and countless possibilities.
Property Features
Bedrooms:
• 5 Bedrooms in total
• Main bedroom en suite with ample cupboard space
• 4 North-facing bedrooms
Bathrooms:
• 2.5 Bathrooms
• Guest cloakroom
Living Areas:
• Large lounge opening to patio
• Separate family room with fireplace
• Formal dining room
• Study
Kitchen:
• Spacious kitchen with breakfast nook
• Separate scullery/laundry
Outbuildings & Extras:
• 4 Staff rooms with bathroom and veranda
• Storeroom
• Double lock-up garage
• Long driveway with ample off-street parking
• Derelict pool (structure in place for potential restoration)
Development Potential:
• Subdivision plans on record (not yet passed by council)
• Regulation 38 not yet in place
• Buyer to pay outstanding costs related to subdivision
• Seller is registered for VAT
Stand Size: 3 718m²
Rates & Taxes: ± R3,000 per month
Asking Price: R4,560,000
Monthly Rates
R3,000
Features
Interior
Exterior
Sizes
Listing Info
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Lew Geffen Sotheby's International Realty website is accurate and up to date, Lew Geffen Sotheby's International Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.
