Charming House or Prime Development Opportunity in a Desirable Location

ZAR 4,750,000
  • 3 Bedrooms
  • 2 Bathrooms
  • 627 m² Living area
  • 4,004 m² Plot surface

Description

Unlock the potential of this expansive 4,004 square meter corner lot, ideally positioned in a highly sought-after area. The property is currently zoned at Residential 1, with municipal permissions allowing for a density of 10 dwellings per hectare, which means you can subdivide this prime land into 3 to 4 portions, each with direct access to a public street. The existing house offers 3 bedrooms, 2 bathrooms, and a versatile study that can easily be converted into a 4th bedroom, making it ideal for families or potential house flippers. Additional features include a cozy bar, a flatlet for guests or rental income, and expansive service quarters. The property is perfect for entertaining, boasting a lovely pool and patio area complete with a thatch gazebo and built-in gas and wood braais. For those with hobbies or business needs, a large 10 x 12 meter workshop/garage provides ample space and can accommodate upwards of 6 cars. This versatile space could easily function as a dance studio, crèche, or offices, offering numerous possibilities. The property also benefits from a borehole and irrigation system, along with an assortment of ponds and water features, adding to the charm and allure of the outdoor space. Situated parallel to a major road, this property enjoys excellent visibility and accessibility, making it an attractive prospect for various development projects. The surrounding neighborhood boasts a wealth of amenities, including numerous schools, parks, shopping centers, and a diverse selection of restaurants. For leisure enthusiasts, a nearby golf course enhances the appeal. This site’s generous size, newly designated zoning, and extensive features make it an ideal candidate for both developers and buyers looking to renovate or flip. Seize the opportunity to transform this property into a vibrant community that caters to the needs of today’s residents. Contact me today for more details and to schedule a viewing!

Features
GarageGarden
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Engel & Völkers Fourways MC

Your advisor: Dylan Carey

Property ID: ENV184994

Property details

Property type

House

Bedrooms

3

Bathrooms

2

Garages

4

Parking spaces

6

Living area

627 m²

Plot surface

4,004 m²

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Engel & Völkers Fourways MC

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Provider:

Fourways MC

License partner of Engel & Völkers Southern Africa (Pty) Ltd

Commission details

Agent's Professional Fee is included in the price advertised.

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