3 Bedroom House For Sale in Fontainebleau - R1,100,000

This is not a traditional residential listing; it is a prime land acquisition and development opportunity in the desirable, established suburb of Fontainebleau. The value proposition is centered entirely on the exceptionally large 1,794 square meter stand, offering significant scope for rezoning and high-density development (e.g., sectional title townhouses or cluster homes, subject to Council approval).

The existing structure is in poor condition and priced as a tear-down, allowing a developer to move straight to site clearance and civil work. The property's value is unlocked by its scale???

Option 1: Sectional Title Developer (Highest & Best Use)

1,794m2: One of the last available stands of this size in the area.

Density Potential: Current zoning is likely Residential 1 (One Dwelling per Erf). However, this stand is ideal for a rezoning application to Residential 2 or 3 (allowing for 10–40 units per hectare, which could translate to 4 to 7 units on this specific stand, depending on the desired density and FAR).

The Land is the Asset: Purchase price reflects the underlying land value and the premium attached to obtaining development rights.

Option 2: Professional Flipper/Renovator

Deep Discount Entry: The property is offered at a deep discount to the After Repair Value (ARV) of a renovated home in the area (current fair condition 3-beds are R1.15m - R1.5m).

Value-Add Structures: The existing one-bedroom cottage (with its own lounge/kitchen/bath) and outbuildings (laundry, domestic rooms) offer significant potential to be renovated into high-yield rental units post-renovation.

Maximum Profit Potential: The scale of renovation needed translates directly into higher profit margins for a professional, cash-ready renovator who can manage the extensive project (roof, electrical, plumbing, full cosmetic overhaul).

?? KEY PROPERTY ASSETS

Massive Stand: 1,794 m2 full title.

Existing Flatlet: Separate 1 Bed, Kitchen, Lounge, Bathroom (Ideal as a rental/builder's office during construction).