An incredible opportunity for investors and developers! This spacious 5-bedroom family home sits on a 2,974m2 stand in the heart of Fairland, Johannesburg.
The property offers multiple living spaces, Lounge, Dining room, 2 Family rooms, 5 Bedrooms, 2 bathrooms a large kitchen with scullery, study/games room, pool, 2 double garages — making it perfect for both immediate living or redevelopment.
There is also a one bedroom cottage.
Development Potential:
The municipality supports rezoning for 8 dwelling units, giving you the chance to transform the existing structure into 8 modern townhouses. With a modest renovation investment, projected rental income could reach ±R72,000 per month.
Location & Surroundings:
Fairland is a quiet, established suburb known for its tree-lined streets and large properties. It’s conveniently located near:
Cresta Shopping Centre & Fairland Walk
Excellent schools (Reddford House, Cliffview Primary, Northcliff High, Fairland Laer skool)
Parks & recreational facilities
Easy access to the N1 highway and Beyers Naudé Drive
This is a rare chance to secure a large property in a prime location, with both immediate lifestyle value and long-term investment returns.
Price: R2,600,000