Exceptional Investment & Development Opportunity with Inanda Dam Views
Set on approximately 6.5 hectares, 15 Benares Road features 14 bachelor-style units, each with its own bathroom, creating an excellent foundation for an investor looking to generate rental income or transform the existing structure into something more modern and appealing.
The current units are laid out as bachelor units , making the existing structure particularly suited to accommodation purposes. The property would benefit from a full revamp and modernisation, giving a new owner the opportunity to refresh the units, improve the overall appearance and potentially create a modern accommodation offering while making use of the existing infrastructure.
The current occupants are month-to-month tenants, with no fixed-term leases in place. This provides a potential purchaser with flexibility when considering the future of the property, whether continuing with rental accommodation or taking the property in an entirely new direction, subject to the necessary approvals.
With its expansive land and stunning views across Inanda Dam and the surrounding valley, the property offers possibilities well beyond residential rental accommodation. Its size and setting make it an exciting proposition for concepts such as a wedding and events venue, private or lifestyle estate, boutique accommodation, residential development, retirement estate, shopping centre or other commercial/mixed-use development, subject to zoning, municipal approval and environmental requirements.
A small portion of the property falls within a D’MOSS/environmental zone, adding to the natural character of the property and providing an opportunity to incorporate the surrounding landscape into any future development.
Whether you choose to revamp the existing bachelor flats and maximise rental income or completely transform the property into a larger development or destination, 15 Benares Road offers the land, location and existing infrastructure to start bringing that vision to life.
Bring Your Vision to Life
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Bothas Hill, Hillcrest
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Disclaimer
While every effort will be made to ensure that the information contained within the McIntosh Properties website is accurate and up to date, McIntosh Properties 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.
