select
|

Bird’s eye view of Wilderness

Located within a 15 minute drive from George is the village of Wilderness. Situated along the Garden Route in the Western Cape Province, the region is arguably one of the most beautiful areas along the South African coastline. 

This is exactly why the Wilderness has become a highly sought-after holiday node that attracts an influx of tourists and property investors alike, year after year, says Chris van der Merwe, Broker/Owner of RE/MAX Eden, whose office services Wilderness and the surrounding areas.


This exclusive property - a R7.9 million, 502m2 home on 3.215ha boasts spectacular panoramic views of its surroundings - offers four en-suite bedrooms, a double garage and full security system featuring CCTV cameras and an alarm. The property is currently owned by a Close Corporation and is therefore a VAT transaction.
“The positioning of Wilderness is what has made the area so popular,” says Van der Merwe, “It is set on the Touw River between the Kaaimans River and the Goukama Nature Reserve, bordered by the Quteniqua Mountains and the warm Indian Ocean. The beautiful scenery and array of outdoor activities such as hiking, canoeing, mountain-biking and paragliding have attracted many outdoor enthusiasts that are eager to take in all that the Wilderness has to offer. This has led to the area being put on the map as an internationally-renowned holiday destination. The area has also gained a lot of attention from both local and international property investors wanting to purchase holiday homes in picturesque surroundings.”

According to Adrian Goslett, CEO of RE/MAX of Southern Africa, aesthetic coastal areas such as Wilderness are generally highly sought among investors within the leisure property market due to the lifestyle offering of these regions provide.

RE/MAX Eden sales associate specialising in Wilderness, Cheryl Capsopoulas, says that there are very few buy-to-let and first time buyers that purchase property in the area as it caters more towards the leisure market property investors. She notes that there are entry-level vacant plots available to investors from around R350 000 in South Street. These plots are approximately 1000m2 in size. Vacant smallholdings in Hoekwill and Wilderness Heights sell for between R795 000 and R6.5 million depending on their position and views of the ocean. These plots range in size from around 3ha upwards.

Some of the lifestyle farms which have been renovated sell for between R6.5 million and R13.75 million.

Apartments in Wilderness sell for between R750 000 and R1.2 million, while an entry-level, freestanding, three-bedroom home would sell for around R1.3 million. Beachfront property prices in Wilderness start at around R5 million with the most expensive beachfront home on the market at R34 million. 

 An exclusive property that RE/MAX Eden currently has on offer in Wilderness is a four-bedroom home with business rights, designed to accommodate both B & B and self-catering guests or as an ideal holiday home for the extended family. There are two freestanding studio apartments on the property, each with their own en-suite bathroom, kitchenette and separate entrance from the main house. The main house - a R7.9 million, 502m2 home on 3.215ha boasts spectacular panoramic views of its surroundings - offers four en-suite bedrooms, a double garage and full security system featuring CCTV cameras and an alarm. The property is currently owned by a Close Corporation and is therefore a VAT transaction.

“Given the area’s status as an international holiday destination, the new owner of the home could earn approximately R4000 per day on rentals during the holiday season. The property’s ideal positioning, along with the beauty and unique offering of the area makes this an excellent return on investment over the long term,” says Van der Merwe.

See more of this 4 Bedroom House for sale in Wilderness here


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 23 Jun 2017
      The increased mobility of South Africans in the current tough economic environment is set to turn more private property owners into landlords – and estate agents into property administrators – with potentially damaging results.
    • 23 Jun 2017
      With the real estate market currently being more friendly to homebuyers than to sellers, many owners are thinking about altering or adding on to their existing properties rather than trying to sell and move to a different home.
    • 23 Jun 2017
      According to research, most buyers will start looking for property online before they go to any other source. What this means is that the first impression buyers will have of a home is its online listing photo.
    • 23 Jun 2017
      “You can have any colour as long as it’s black,” said Henry Ford of his Model T car – and proof that black never goes out of fashion is found in the keen interest in exceptional new apartments and penthouses at The Onyx on Cape Town’s foreshore.
    • 22 Jun 2017
      Metropolis on Park, Barrow Properties’ luxury apartment development with magnificent northern views, has reached 90% occupancy since launching in May 2016.
    • 22 Jun 2017
      Security is among the top three concerns for most home buyers – with the others being location and price – but it is often forgotten in the upheaval and excitement of moving in.
    • 22 Jun 2017
      The Cape’s Southern Suburbs’ development, 3 Mona Crescent, has just four homes left for sale. Comprising a total of nine freestanding, freehold homes in Newlands, Cape Town, 3 Mona Crescent is being marketed by Jawitz Properties and is expected to be complete by the beginning of 2019.
    • 21 Jun 2017
      Set in the upper reaches of brand new, secure, gated, Chapman’s Bay Estate, this four-bedroomed home with three bathrooms and a guest toilet enjoys breathtaking, uninterrupted views of False Bay and Chapman’s Bay across the Noordhoek valley.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK