5 Bedroom House For Sale in Waverley

Description

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 ambience. 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

Features

Scullery

Yes

Laundry

Yes

Fireplace

Yes