Build Your Vision: Rare, Sought After Tarragona Opportunity in Hout Bay
Offers from R6 500 000.
Set on a beautiful, 1 637m2, plot in one of Hout Bay’s top three suburbs, this unique country property offers both immediate income and exceptional future potential.
The property currently features a charming, cosy cottage generating approximately R240,000 per annum, making it an attractive income-producing asset from day one.
What truly sets this opportunity apart are two compelling advantages:
1. Significant Development Upside
The generous land size allows for the construction of a second dwelling. This presents a clear opportunity to create substantial additional value—whether for resale, rental income, or multi-generational living.
Alternatively, demolish the existing cottage and construct 1 - 2 dream homes in an idyllic, forest setting with far reaching mountain views.
2. A Dream Cottage with Minimal Investment
With a touch of imagination and light enhancement, the existing cottage can be transformed into the quintessential country retreat—full of character, warmth, and lifestyle appeal.
Located in Tarragona, where stock is extremely limited and demand continues to grow, this offering is increasingly rare. Property values in the area are forecast to keep rising, further strengthening the investment case.
Opportunities like this—combining income, lifestyle, and development potential—are becoming scarce in Hout Bay.
The property is perimeter-secured with an existing driveway in place. A new driveway will be positioned at the rear of the property, ensuring enhanced privacy for the cottage and any future development.
Enjoy country living, close to the ocean and with mountain backdrops from every angle.
Quiet, low density neighbourhood.
A rare convergence of location, land size, and development options in prime Tarragona.
Final subdivision approved. S137 certificate pending.
A smart acquisition for the discerning buyer
Set on a beautiful, 1 637m2, plot in one of Hout Bay’s top three suburbs, this unique country property offers both immediate income and exceptional future potential.
The property currently features a charming, cosy cottage generating approximately R240,000 per annum, making it an attractive income-producing asset from day one.
What truly sets this opportunity apart are two compelling advantages:
1. Significant Development Upside
The generous land size allows for the construction of a second dwelling. This presents a clear opportunity to create substantial additional value—whether for resale, rental income, or multi-generational living.
Alternatively, demolish the existing cottage and construct 1 - 2 dream homes in an idyllic, forest setting with far reaching mountain views.
2. A Dream Cottage with Minimal Investment
With a touch of imagination and light enhancement, the existing cottage can be transformed into the quintessential country retreat—full of character, warmth, and lifestyle appeal.
Located in Tarragona, where stock is extremely limited and demand continues to grow, this offering is increasingly rare. Property values in the area are forecast to keep rising, further strengthening the investment case.
Opportunities like this—combining income, lifestyle, and development potential—are becoming scarce in Hout Bay.
The property is perimeter-secured with an existing driveway in place. A new driveway will be positioned at the rear of the property, ensuring enhanced privacy for the cottage and any future development.
Enjoy country living, close to the ocean and with mountain backdrops from every angle.
Quiet, low density neighbourhood.
A rare convergence of location, land size, and development options in prime Tarragona.
Final subdivision approved. S137 certificate pending.
A smart acquisition for the discerning buyer
Features
Interior
Exterior
Sizes
Listing Info
Tarragona, Hout Bay
- Street map
- Street view
Finance
Total Amount Repayable
R0,00
Monthly Repayment
R0,00
Calculators:
Disclaimer
While every effort will be made to ensure that the information contained within the Explore Realty website is accurate and up to date, Explore Realty makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.