R 9 250 000
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5 Bed House in Houghton Estate

5 3 5316 m²

Nestled within the prestigious Houghton Estate area, this extraordinary property showcases immense potential and invites buyers to explore an array of possibilities. Boasting an expansive 5320 sqm of land, this is a rare gem that has already been rezoned for 7 clusters, presenting an unparalleled development opportunity. Alternatively, with strategic renovations, this property can be transformed into one of the most exquisite homes in the area.

Owned under a company name, it''s important to note that VAT applies to the transaction, further enhancing its appeal for investors seeking to maximise their returns.

For the Discerning Investor:

This property eliminates the need for land banking as it has already been rezoned, offering an instant development opportunity. With a land area of 5320 sqm, the property is zoned for Residential 2 use, allowing for the construction of 7 clusters. The zoning permits a 50% coverage, enabling ample space for green areas and landscaping. The property allows for 3-storey buildings, allowing for the creation of unique and architecturally stunning residences. The Floor Area Ratio (FAR) of 1.2 provides flexibility for construction within the parameters of the zoning regulations. For further reassurance, a rezoning certificate can be provided upon request, ensuring a smooth transition for the development process.

For the Buyer with a Vision:

Beyond its development potential, this property also appeals to those with a passion for renovation. The existing house exudes charm and character and presents a solid foundation for creating a luxurious and contemporary home. Ascend the staircase to discover four well-appointed bedrooms, each offering comfort and privacy. The study provides a dedicated space for work or leisure, ensuring functionality within the home environment. Two elegant bathrooms serve the upper level, combining style and convenience.

On the ground floor, a grand entrance hall makes a striking first impression, welcoming guests with grace and sophistication. The guest bedroom and adjacent bathroom offer privacy and comfort for visiting friends or relatives. A wooden bar adjoins the open plan living room, providing a perfect spot for relaxation and entertaining. The wood-burning fireplace creates a cosy ambiance during cooler evenings. The dining room seamlessly integrates with the kitchen, forming the heart of the home where culinary delights can be prepared and shared. An open patio and covered patio extend the living space outdoors, ideal for al fresco dining and enjoying the beautiful surroundings.

Step outside, and you''ll discover an oasis of recreation and relaxation. The property features a sparkling swimming pool complete with a pool house, offering change rooms and a sauna for ultimate indulgence. Tennis enthusiasts will appreciate the presence of a private tennis court, perfect for honing their skills and staying active. Staff accommodation is provided, featuring one bathroom, a kitchen, and four bedrooms, ensuring comfort and convenience for the support staff. A dedicated laundry room and a double garage cater to practical needs, providing ample space for storage and day-to-day tasks.

The property is further enhanced by its vast and meticulously maintained garden. This lush sanctuary offers a retreat from the hustle and bustle of daily life, providing a peaceful haven for relaxation and contemplation. An electric gate ensures privacy and security, allowing you to enjoy the tranquillity of this remarkable estate.

An additional highlight of this property is the direct access it provides to a neighbouring park area. This unique feature adds an extra touch of exclusivity, allowing residents to explore the park, appreciate the natural surroundings, and indulge in birdwatchinga true paradise for nature enthusiasts.

Don''t miss this exceptional opportunity to acquire a property of such magnitude and potential. Contact Tamryn today to arrange a viewing and discover the endless

Property details

  • Listing number T4189123
  • Property type House
  • Erf size 5316 m²
  • Rates and taxes R 5 946

Property features

  • Bedrooms 5
  • Bathrooms 3
  • Lounges 1
  • Dining Areas 1
  • Garages 2
  • Pet Friendly
  • Balcony
  • Laundry
  • Patio
  • Pool
  • Staff Quarters
  • Study
  • Entrance Hall
  • Intercom
  • Fireplace

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