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R4,499,000

Monthly Bond Repayment R45,675.15
Calculated over 20 years at 10.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Prime Investment Opportunity: Renovated 6-Bedroom Coastal Property with Panoramic Views

Nestled on an expansive 1,241 sqm stand, this remarkable six-bedroom property offers a lucrative investment opportunity with breathtaking, uninterrupted sea views from the front and stunning mountain vistas beyond. Thoughtfully divided into three self-contained units, this beautifully renovated residence generates a proven monthly income of R28,000, making it an exceptional addition to any investor’s portfolio.

The ground-floor unit is a spacious one-bedroom haven, designed for comfort and functionality. Boasting an open-plan kitchen, lounge, and dining area, this space promotes effortless living. The bedroom and bathroom are both generously proportioned, ensuring a comfortable experience for occupants. Large windows invite natural light, while the layout creates an inviting flow throughout.

Ascending to the upper level, two additional units offer well-appointed living spaces. The second unit features an open-plan design encompassing a kitchen, lounge, and dining area, complemented by two spacious bedrooms and a stylish bathroom. This layout enhances the sense of space and functionality, making it ideal for long-term tenants or short-term holiday rentals.

The third unit, also located upstairs, stands out with its impressive three-bedroom configuration. A well-designed open-plan kitchen seamlessly integrates with the lounge and dining area, creating a warm, welcoming atmosphere. Each bedroom is comfortably sized, while the shared bathroom is tastefully finished. This unit’s design optimizes space, catering to families or groups seeking a coastal retreat.

Beyond its generous accommodations and stunning views, this property benefits from a complete renovation, enhancing its appeal and ensuring good finishes throughout. Investors will appreciate the blend of aesthetics and functionality, which contributes to a high rental yield and strong demand.

Situated in a prime coastal location, this property presents a unique opportunity for investors seeking passive income from a well-established rental market. Whether purchased for long-term leasing or short-term holiday stays, its versatility and income-generating potential make it a standout investment.

Don’t miss out on this exceptional opportunity to secure a beautifully renovated, high-income property with unmatched views

Features

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

Sandbaai, Hermanus

Sandbaai lies on the coast at the entrance to the Hemel-en-Aarde (Heaven and Earth) Valley. It is a fast-growing residential area in the greater Hermanus with an eclectic mix of residential and holiday homes. A number of preschools as well as the Curro Hermanus Private School is situated in Sandbaai. An industrial business centre that is home to a vast variety of business lies adjacent to the Whale Coast Mall,...
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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:

Income

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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

45,675.15

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