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Embrace country living near ocean and mountains in Tarragona, Hout Bay — income-producing cottage with room for a second dwelling on 1,637 m²; two beds, two baths.
Offers from R6 250 000.
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. 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.
2. 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.
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.
Newly subdivided
A smart acquisition for the discerning buyer
Listed for sale at R6,250,000
How this home compares with 23 active listings in Hout Bay.
Insight
Priced 58% below the local median — and below the typical range for Hout Bay.
It's priced below similar homes despite a comparable floor size, which may reflect condition, position or finishes. Benchmarked on town-level data where the suburb sample is limited. Premium pockets may trade above town averages — check with the agent for local guidance.
Similar properties pricing
Market depth
23 listings
Similar homes town-wide
132 days
Median time on market
Medium inventory
Active across Hout Bay
Insights are based on current active listings (excludes sold data) and may change. This is not a valuation or appraisal.
Tarragona is an exclusive, tranquil residential enclave nestled against the slopes of the Constantiaberg mountains, offering residents a serene forest-like atmosphere with unparalleled access to nature and scenic mountain trails.
* Distances and amenities are approximate.
