Exceptional Investment Opportunity: Dual Living, Rental Income, and Approved Development Potential
This two-hectare property offers an outstanding opportunity for investors, developers, or families seeking dual living with future expansion potential. With two existing homes on the property and previous Residential 3 development approval, this is a unique chance to secure a versatile and income-generating asset.
Main Highlights:
Two Homes on One Property:
The main house offers spacious open-plan living areas, a fireplace, swimming pool, three upstairs bedrooms (including a master ensuite), and double garages. It is privately fenced and ideal for comfortable family living.
Second House with Rental Potential:
The second dwelling is divided into two large loft-style apartments, each with their own entrance. These units are ideal for rental income and can be upgraded to increase earning potential or accommodate extended family.
Development Ready:
This property has previously been approved for Residential 3 zoning with substantial development potential:
Three-storey allowance
60 units per hectare
40% coverage, with the possibility to increase
Infrastructure access to water, Eskom electricity, and sewerage nearby
Total potential for up to 120 units, should you choose to redevelop both current homes
Flexible Use & Phased Development:
Live in one home while generating income from the second, or develop the site in phases—starting with the first portion of land while keeping the other for personal use or additional rental.
Why This Property Stands Out:
Large two-hectare stand
Two homes offering multi-generational or income-generating opportunities
Previously approved Residential 3 development rights
Utilities nearby for easy development connection
Excellent location with future growth potential
This is your chance to secure a rare find that ticks every box: immediate rental income, comfortable living, and long-term development value.
Contact us today to arrange a private viewing and explore the full potential of this exceptional property.
previous Res 3 development was approved by council
Total stand 2ha
60 units per ha were allowed by council
the 2 houses are developed on one side being 1 ha.
This will allow you to stay on 1 ha ,and develop the 2nd ha
Great family accommodation and development potential