Please note that you are using an outdated browser which is not compatible with some elements of the site. We strongly urge you to update to Edge for an optimal browsing experience.

R 4 350 000

5 Bedroom House for Sale in Waverley

Waverley, Johannesburg

Contact agent for street address

5
3
2
3 718 m²
- m²: 3 718 m²
- Hectares: 0.372 ha
- Acres: 0.919 acres

Contact Agent

Howard Hoff

Show Contact Number

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...

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

Bedrooms: 5

Bathrooms: 3

Garages: 2

Study

Pool

Listing number: P24-115613445, Image number: 1

Listing number: P24-115613445, Image number: 2

Listing number: P24-115613445, Image number: 3

Listing number: P24-115613445, Image number: 4

Listing number: P24-115613445, Image number: 5

Listing number: P24-115613445, Image number: 6

Listing number: P24-115613445, Image number: 7

Listing number: P24-115613445, Image number: 8

Listing number: P24-115613445, Image number: 9

Property Overview

Listing Number

115613445

Type of Property

House

Listing Date

20 February 2025

Erf Size

3 718 m²

Rooms

Bedrooms

Bathrooms

Kitchens

Office/studies

Domestic Rooms

Lounges

Dining Rooms

Family/TV Rooms

Entrance Halls

External Features

Garage

Pools

Outbuilding

Staff Quarters/Domestic Rooms

Other Features

Security

Special Features

Tennis Court

Points of Interest

Bond Calculator

*Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. Property24 does not accept liability for any damages arising from the use of this calculator.