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Meyerspark, Meyerspark, Pretoria, Gauteng
R 3 500 000
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.
Estimated monthly repayment
R 33 052
on a R 3 150 000 bond over 20 years at 11.25%
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Meyerspark, Meyerspark, Pretoria, Gauteng
Fair-value check
Priced highPriced 39% above comparable 4-bed houses for sale in Meyerspark
Based on 24 comparable listings
A market signal from comparable listings — not a formal valuation.
Listed by
Annika Hadebe
Unclaimed listing — claim it to verify
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