R 1 250 000 | Vacant Land / Plot for Sale in Waverley

A very unusual opportunity in established Waverley – a substantial 5,298 m² residential property extending up towards the Magaliesberg.

Set back from the street and accessed via a wide driveway, the property opens up considerably as you move further into the stand and rises towards the mountain, providing attractive elevated views and a wonderful sense of space and privacy.

A portion of the access is shared with the neighbouring property to provide access to an existing garage.

SOMETHING VERY DIFFERENT

According to the City of Tshwane GIS information, approximately 3,735 m² of the total 5,298 m² property falls within the area indicated as the Magaliesberg Protected Natural Environment.

This makes the property particularly interesting for a buyer looking for a substantial residential stand combined with a large natural portion extending towards the mountain.

The applicable building restrictions, environmental requirements and development possibilities should be investigated. No representation is made that the protected portion of the property may be developed.

There is historical information suggesting that more than one dwelling was contemplated for the property. Whether more than one dwelling may currently be constructed should be confirmed by the buyer and would be subject to the applicable approvals.

HIGHLIGHTS
5,298 m² total property
Approximately 3,735 m² indicated within the Magaliesberg Protected Natural Environment
Approximately 1,563 m² outside the indicated protected area
Residential 1 zoning
Established Waverley location
Set back from the street
Wide access
Elevated position towards the mountain
Attractive views
Exceptional sense of space and privacy
Development potential subject to applicable approvals and restrictions
Documentation available to serious buyers

IMPORTANT INFORMATION FOR BUYERS REQUIRING FINANCE

Financing vacant land differs from financing an existing residential property.

Banks may require a deposit of approximately 40% when financing vacant land, depending on the bank, buyer and individual application.

Buyers requiring finance are therefore encouraged to establish their financing position before arranging a viewing.

Watch the video to appreciate the unusual size, access, gradient and elevated position of this property.

Contact Gary Stone Properties for further information or to arrange a viewing.