Price reduced
4 bedroom house for sale in Illovo
Rare One-Acre Development Opportunity in a Prime Location Set on approximately one acre of beautifully established, tree-lined gardens, this exceptional property presents a rare opportunity to secure a premium parcel of land in one of the area’s most sought-after locations.
Surrounded by mature trees and expansive green spaces, the property offers outstanding privacy, tranquillity, and natural beauty — the perfect foundation for a luxury residence or bespoke family home.
The existing residence is in original condition and requires extensive renovation or may be suited to redevelopment, making this an ideal opportunity for discerning buyers, developers, or renovators seeking to create a custom-designed home in a prestigious setting.
Wine Cellar and Strong room
With its prime position, generous land size, and exceptional potential, this property is truly about lifestyle, location, and long-term value. Opportunities of this calibre — offering space, privacy, and future flexibility — are increasingly rare.
Key Features:
Approximately one acre of established, landscaped grounds
Prestigious and highly sought-after location
Excellent redevelopment or renovation potential
Ideal for luxury home builders, investors, or owner-occupiers
Private, tranquil setting with mature trees
This is a rare chance to secure a blue-chip property with unlimited potential in a premium neighbourhood.
Features Listing reference
RE-87-F3-GP
Zoning
General Residential
Bond Calculator Repayment Affordability Breakdown Transfer
Monthly Repayment R70,051
Total Once-Off Costs R736,613
Min Gross Monthly Income R233,503
View breakdown
Disclaimer: Please note that by default this calculator uses the prime interest rate for bond payment calculations. This is purely for convenience and not an indication of the interest rate that might be offered to you by a bank. This calculator is intended to provide estimates based on the indicated amounts, rates and fees. Whilst we make every effort to ensure the accuracy of these calculations, we cannot be held liable for inaccuracies. We do not accept liability for any damages arising from the use of this calculator. Media View 17 images