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R4,499,000

2 3rd Avenue

Monthly Bond Repayment R46,438.16
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Rates
R996

Spacious 6-bedroom Income generating property

This spacious, recently renovated 6-bedroom home is ideal for someone looking for a large property in Hermanus. It features three elegant apartments, all with their own private entrances—one being on the ground floor and two more on the first floor. The generously sized home can accommodate a large family as one house, or it may be the perfect investment opportunity, currently generating a monthly income of R45,000 per month if all three apartments are let out simultaneously. Alternatively, the owner may wish to live on the ground floor and let out the second-floor apartments for short lets, which would yield a monthly rental income of R28,500 per month. This is the current successful arrangement of the property as it stands.

Situated on a large corner plot with uninterrupted ocean views at the front, while the magnificent Babilonstoring mountains provide the perfect backdrop for the property. The home is energy-smart with a cutting-edge Sunsynk solar system complete with two backup batteries. There is also a borehole water system for eco-friendly irrigation. On the ground floor of the home, there is an open-plan apartment with a stylish, fully equipped kitchen, comfortably sized living/dining area, and a bedroom with an en-suite bathroom. This unit has a seamless flow to the outdoor terrace. Upstairs, are the two elegant apartments, both feature private balconies with unobstructed sea views. One of the apartments can accommodate up to 4 guests, while the other apartment provides sleeping for up to 6 people. Clever in design via a smart sliding door system between both apartments, the units may be transformed into a large singular apartment that can host up to 10 guests, making it an ideal space for a large booking. Both upstairs apartments feature fully fitted kitchens and bathrooms that are modern in design and layout.

For one's peace of mind, the house has newly installed security cameras, along with perimeter beams and secure window bars. The property also offers safe off-street parking for guests in addition to a large double garage. Furniture is not included in the sale of the property; however, options to include some of the hand-selected furniture pieces of this beautifully appointed home may be negotiated.
So, whether you're looking for a spacious family home or a money-generating/high-income investment property, this house ticks all the boxes! Don't miss this opportunity to own a unique and rare property with exceptional potential! Contact us to schedule a private viewing.

Features

6
3
2
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
3
Reception Rooms
2
Exterior
Garages
2
Security
Yes
Views
Yes
Sizes
Floor Size
397m²
Land Size
1,246m²

Sandbaai, Hermanus

Sandbaai is considered a relatively new area in the region of Hermanus in the Overberg, and position wise it is literally situated on a sandy bay (Afrikaans "Sandbaai") - hence the unusual name. This small enclave has its fair share of loyal advocates and is loved by many Cape holidaymakers as well as being conveniently positioned close to Hermanus, Onrus and Cape Town. The Sandbaai Property Arena You can expect...
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The pros and cons of buying a holiday home
With just a few months left before the end of the year and the traditional summer break from work rolls around, many people are already starting to make holiday arrangements. And for some, this includes a plan to look around...
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Chas Everitt International Property Group website is accurate and up to date, Chas Everitt International Property Group 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.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

46,438.16

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