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R29,500,000

62 Mitchell

Monthly Bond Repayment R304,495.58
Calculated over 20 years at 11% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Rates
R10,112

Prime Property For Sale in Eastcliff

Discover this exceptional property in the heart of Eastcliff, a prestigious and tranquil area situated between the mountain and the sea. This property offers an expansive family home with the added potential to be a profitable guesthouse.

LOCATION HIGHLIGHTS:

Nestled in an upmarket, quiet area spotlighted as one of the top investment locations in Hermanus.
Just a 5-minute walk to town and essential amenities.
Only 300 meters from the scenic cliff path and ocean, perfect for whale watching and swimming in the tidal pool.
Close proximity to Fernkloof Nature Reserve, offering breathtaking views of the town and ocean.

PROPERTY FEATURES:

Land Size: 1,573m²
Building Size: 1,185m²
Low-maintenance, spacious design with approved plans and occupational certificate.
Newly installed backup electricity system with inverters, batteries, new solar system and CCTV cameras.

Private gardens, fireplaces, sash windows, and secure parking with 3 garages and extra bays.
High-quality finishes, including wooden, slate tile, and vinyl flooring.

GUESTHOUSE AMENITIES:

Ten spacious en-suite 1 Bedroom apartments and three 2 bedroomed flats seamlessly connected to the main house. Two of the flats with en-suite bathrooms.
Wheelchair-friendly design.
Equipped with air conditioning, fireplaces, and security systems.
Stylishly furnished with interior-designed furniture, antique lead glass doors, and imported finishes.
Bathrooms with mosaic tiling and durable designer fixtures.

OWNERS RESIDENCE:

A spacious 2-bedroom (or 1-bedroom with study) en-suite unit.
Includes a full kitchen, lounge, and veranda with stunning mountain views.

ENTERTAINMENT AREA:

Bar area with a "substation" theme featuring Oregon pine wood, antiques, and a cozy open wood fireplace.

DINING ROOM AND LOUNGE

Sunlit dining area with custom-made sliding wooden windows for fresh sea and mountain air.
Cozy lounge areas with antique furniture and a welcoming open wood fireplace.

KITCHEN & LAUNDRY:

Hygienic and low-maintenance kitchen equipped with stainless steel tables, gas stove, and essential appliances.
Laundry facilities include washing machines, tumble dryers, and ample storage for linens and towels.

ADDITIONAL FEATURES:

Unique architectural details and thoughtfully chosen materials throughout the property.
This property combines the best of luxury living with significant income potential, making it an ideal choice for discerning investors or those seeking a family home to operate as a business.

Sole Mandate

Contact us today to arrange a viewing of this exceptional Eastcliff property!

Features

15
13
3
Pets Allowed
Yes
Interior
Bedrooms
15
Bathrooms
13
Kitchens
5
Reception Rooms
10
Studies
1
Furnished
Exterior
Garages
3
Carports / Parkings
5
Security
Yes
Sizes
Floor Size
1,185m²
Land Size
1,575m²
Extras
Accommodation • Air Conditioner • Alarm System • Coastal Beach • On Street Parking • Balcony • Bar Counter • Secure Parking • Solar Heating • Backup Water • Fibre

Eastcliff, Hermanus

Eastcliff is a centrally-located suburb of Hermanus with beautiful tree-lined streets. Walking distance from the Hermanus CBD, and surrounded by the Hermanus Primary School, Hermanus High School, and 27-hole Hermanus Golf Club, Eastcliff has everything you could need within a stone's throw. A convenience store; public playground; immaculate sports centre with squash and tennis courts, a gym, sports shop, restaurant...
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In the news

Transforming Hermanus: Major Developments on the Horizon
The tranquil fishing village of Hermanus is experiencing a period of rapid expansion. New property developments are reshaping the town's character and attracting increased interest from investors and homebuyers alike. With...
 
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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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Expenses

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Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

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Monthly Payment

304,495.58

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