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Enjoy income-positive living in prime Waterfall 1, minutes from Watercrest Mall and top schools, featuring two full residences, a massive pet-friendly garden and private pool.
Why settle for one home when you can own a high-yield asset?
Nestled on an expansive level stand in prime Waterfall 1, this property is a masterclass in versatility.
Boasting a massive 436m2 under-roof, this isn't just a house—it’s a lifestyle strategy for the savvy buyer.
The Main Residence: Space & Character
A sprawling 4-bedroom sanctuary featuring:
Grand Living Areas: Open-plan design perfect for large-scale entertaining.
Winter Comfort: A cozy wood-burning fireplace in the family lounge.
Master Suite: A king-sized retreat with a walk-in closet and private en-suite.
Modern Kitchen: Equipped with a gas hob, scullery, and pantry for the home chef.
The Second Residence: A Proper 4-Bedroom Home
Forget "granny flats"—this is a full-sized, independent 4-bedroom residence. Attached for convenience but designed for total privacy, it is the perfect solution for:
Multi-Generational Living: Keeping the whole family together while maintaining independence.
High-End Rental: Generating a massive premium in a high-demand suburb.
The Profit Play: Potential R36,000+ PM
The existing footprint is a "blank canvas" for wealth. With minor internal tweaks (simple drywalling), the property can be transformed into three independent 3-bedroom units.
The Math: Let the tenants pay your bond while you live for free, or enjoy a significant monthly profit from day one.
Strategic Location & Features
Convenience: Just 1.4km (a 2-minute drive) to Watercrest Mall.
Education: Minutes from top schools like Forest View Primary and Waterfall College.
Outdoor Living: Massive pet-friendly garden with a private swimming pool.
Security: Peace of mind with alarm systems, automatic gates, and full perimeter walling.
The Figures:
Projected Income: R36,000+
Rates: R2,227
Size: 3,174m2 Stand | 436m2 Building
Stop paying for your home—make your home pay for you. Contact us today to experience the scale and potential of this Waterfall gem.
* Monthly costs are estimates and should be confirmed with the agent.
Listed for sale at R2,995,000
MyProperty Benchmark Indicator: Data-driven comparison vs similar active properties
Based on 20 listings in Hillcrest (town)
Insight
Priced below the median for similar properties in the area. On a price-per-m² basis, it is 39% below the median. Floor size is 18% smaller than typical for similar homes.
Similar properties pricing
Key differences
Market depth
20 similar listings
Medium similar-home inventory town-wide (Hillcrest)
Median time on market: 95 days
* Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal. Smart Property Insights Model v1.0
Waterfall is a tranquil, family-oriented suburb offering a perfect balance of semi-rural charm and convenient access to the bustling commercial hubs of Hillcrest and Durban.
* Distances and amenities are approximate.
