14 Bedroom House for Sale in Waterfall

Residential Property

7.53 Ha Residential Development Opportunity | Waterfall, KZN | Potential for 84 Units

Three Adjoining Properties | Existing Residential Homes | Significant Development Potential

An exceptional investment and development opportunity in Waterfall, KwaZulu-Natal, comprising three adjoining residential properties with a combined land extent of approximately 75,301 m² (7.53 hectares).

Ideally positioned near the rapidly expanding Waterfall node, this substantial landholding offers an attractive combination of existing residential improvements, future development potential and proximity to established schools, shopping centres, healthcare facilities and major transport routes.

With development potential for up to 84 residential units and approximately 22,455.6 m² of permissible floor area, the properties present an opportunity for developers and investors seeking a sizeable residential project within a growing property market.

Existing Property Improvements

Unlike conventional vacant development land, all three properties contain existing residential accommodation:

Property 1

4-bedroom residence with swimming pool

2-bedroom cottage

3-bedroom residence with double garage

Property 2

3-bedroom residence with double garage

2-bedroom staff accommodation

Property 3

2-bedroom residence

These improvements offer immediate potential for residential occupation, rental income or operational accommodation during the development planning phase.

A notable benefit is that the properties are not currently rated under eThekwini Municipality's vacant land tariff, as they contain existing residential improvements.

This offers a potential holding cost advantage compared with undeveloped land while the purchaser progresses development planning and approvals. Future municipal rates will remain subject to the applicable property categorisation and valuation.

Development and Investment Potential

The adjoining properties offer the flexibility to explore several development approaches, including:

A consolidated residential estate

A phased residential development

A lifestyle-oriented housing development

A residential scheme incorporating selected existing homes

Extensive professional preparatory work has already been undertaken, providing prospective purchasers with a valuable starting point for further development assessment and planning.

Property Highlights

Total land extent: Approximately 7.53 hectares (75,301 m²)

Number of properties: 3 adjoining erven

Development potential: Up to 84 residential units

Permissible floor area: Approximately 22,455.6 m²

Existing improvements: 6 residential accommodation structures

Location: Waterfall, KwaZulu-Natal

Municipal rating advantage: Not currently subject to vacant land tariffs

Development preparation: Extensive professional services work completed

Arrange a Private Viewing

This opportunity is ideally suited to established residential developers, property investors and purchasers seeking a substantial landholding with both existing residential value and long-term development potential.

Viewings are strictly by appointment. Supporting development documentation is available to suitably qualified purchasers.

Prospective purchasers may be requested to provide confirmation of financial capacity before a site inspection is arranged.