House On Auction in Waverley, Pretoria

Potential Income-Generating Property with Exceptional Potential In Waverley / Bergtuin

Auction Sale On Site

Address: 1517 Poortsig Street, East Lynne, Gauteng

Auction Date: Tuesday 19TH May 2026

Auction Time: @ 14h00am

Viewing & Registration: From 12:30pm

A rare opportunity to acquire a large, versatile property offering excellent space, rental potential and multiple-use possibilities. Set on a 1,191m2 freehold stand with approximately 692m2 under roof, this property

is ideal for an extended family, guesthouse, Airbnb, student accommodation, professional offices, or a work-from-home business.

The property offers 8 bedrooms, 5.5 bathrooms, 7 garages and 5 open parking spaces, together with multiple living areas, entertainment spaces, a pool and bar area, and a separate flatlet.

The main house features 4 spacious bedrooms, 2 bathrooms, open-plan living and dining areas, a well-appointed kitchen with solid wood cupboards, pantry and scullery, plus a braai/entertainment room.

The upper-level villa offers 2 bedrooms, 1.5 bathrooms, an open-plan kitchen, lounge and dining area, laundry space, central air-conditioning, underfloor heating and wheelchair-friendly access.

A separate guest flatlet includes 1 bedroom, a walk-in closet, bathroom, open-plan kitchen and living area, private entrance and wooden deck, making it ideal for additional rental income.

Additional features include a 3-room outbuilding, recreation room, billiard room, wet bar, study/library, guest facilities, alternative energy and water solutions, and exceptional parking.

With its size, layout and flexibility, this property is perfectly suited for conversion into a guesthouse, boutique accommodation, medical rooms, law offices, therapy centre, training academy or multi-family residence.

A standout investment opportunity with serious income-generating potential