Description
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 braaientertainment 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, studylibrary, 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
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