5 Bedroom House 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 subdivisionoffering 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 outbuildingsideal 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 youre 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
Property details
- Listing number T4589767
- Property type House
- Listing date 9 Apr 2024
- Land size 3 718 m²
- Rates and taxes R 3 000
Property features
- Bedrooms 5
- Bathrooms 2.5
- Lounges 3
- Dining areas 2
- Garage parking 2
- Flatlets
- Pool
- Security post
- Study