R1,300,000

House for sale Bothas Hill
Property photo number 1 of 11 Photos for Property. File  104267420_3083_dac173edbfe41c93dfa031b93bed2291.avif

Overview

SUMMARY: Discover an opportunity with this Bothas Hill house for sale and available for R1,300,000. This could be your next ideal home or a smart investment. More details await.
Income-Generating Rental Opportunity with Inanda Dam Views - Bothas Hill. Set on an expansive 65,498m² property in scenic Bothas Hill, this unique investment opportunity offers 13 self-contained rental rooms with sweeping views over Inanda Dam and the surrounding valley.
Each room is approximately 3.6m x 3.6m and fitted with its own: • Shower • Basin • Toilet • Prepaid electricity meter • Water meter The units have historically achieved strong occupancy levels of up to 92%–100% , presenting excellent income potential. Current rentals are approximately R1,800 per month per room . While the property would benefit from maintenance and cosmetic upgrades, the core infrastructure is in place, making this an ideal project for an investor looking to unlock value and improve returns. Additional features include: • Large landholding with privacy and natural surroundings • Existing cut platforms offering potential for further units (subject to approvals) • Large portion of the land falls within D’MOSS/environmental zone • Recommended on-site caretaker accommodation option Priced at R1,300,000 , this is a rare chance to acquire a substantial property with existing rental stock, future expansion potential, and beautiful dam views.
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Details

  • Beds: 12
  • Baths: 12
  • Price: R1,300,000
  • Reference No.: 3142749

Location

Marketed by:

  • Wakefields
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