R 3 500 000
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4 Bedroom House in Meyerspark

4 3 1 1 888 m² 120 m²

Prime Property for Development or Business Use For Sale

This exceptional property presents a rare opportunity for investors, developers, and entrepreneurs looking to expand into residential rentals or establish a commercial venture in a highly visible and well-positioned location on the main road of Watermeyer Road.

Set on a generous 1,888 m² stand, this property offers ample space for further development, making it ideal for rental units, office space, a guest house, Airbnb accommodation, a spa, or other business opportunities.

The main house offers:

4 spacious bedrooms

3 bathrooms

4 toilets

Fully tiled floors throughout

In addition to the main outside residence, property includes 4 separate rentals units, each currently generating an income of R4,500 per month to R5000. Each unit features independent electricity, as well as its own toilet and shower, making them ideal for steady rental income.

The property also includes an outside flatlet with a thatched roof, offering:

Open-plan lounge and dining area

Kitchen

1 bedroom

Shower and toilet

Additional features include:

Borehole

Swimming pool area

Large yard with excellent development potential

Whether you are looking to grow your investment portfolio, launch a business, or create a spacious home with income-generating potential, this property offers outstanding flexibility, space, and value in a prime location.

Property details

  • Listing number T5442813
  • Property type House
  • Listing date 31 Mar 2026
  • Land size 1 888 m²
  • Floor size 120 m²
  • Rates and taxes R 1 890

Property features

  • Bedrooms 4
  • Bathrooms 3
  • Open parking 1
  • Flatlets
  • Pool
  • Study
  • Kitchen
  • Garden

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