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R3,900,000

Monthly Bond Repayment R36,992.16
Calculated over 20 years at 9.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R5,545
Monthly Rates
R1,810

Neat Investment/Upmarket in central Hermanus!

Another Privileged Sole Mandate: This tastefully designed and decorated apartment is situated on the East corner of the block, facing the Woolworths Centre in the prime area of Hermanus enjoying morning sun. The finishes are of the utmost quality – top finishes in Hermanus. It is split level with the main bedroom, en-suite and private patio on the 2nd floor. On the 1st floor there is a bedroom, en-suite bathroom, extra guest cloakroom, island style kitchen with separate scullery, very spacious lounge/dining area leading onto a fair sized balcony where one will be able to use a Weber/gas braai and have sufficient space to seat a table of 6/8 comfortably. There are 2 x basement park bays and good security access with codes. BONUS: All furniture & appliances are included in the price!

Originally this complex was built as a Hotel with 2 x one bedroom units, 2 x 3 bedroom units and 4 x 2 bedroom units which are situated on the corners. Now it is sold as Sectional Title units which are suitable for holiday letting with an income or for permanent living close to all shopping amenities.
There is an option of joining the rental pool whereby the rental office in the complex will maintain your investment and generate an income return. However, should this apartment become a permanent residence one may benefit from the various services – cleaning as well as discount on DSTV as well as wireless uncapped WiFi by application to the Managing Rental Office. Ask our Apartment Specialist for rental income figures and for an appointment to view.

Features

2
2
Interior
Bedrooms
2
Bathrooms
2
Reception Rooms
2
Furnished
Yes
Exterior
Carports / Parkings
2
Security
Yes
Views
Yes
Sizes
Floor Size
185m²
Extras
Elevator, Duplex, Basement parking, BBQ facilities, Centrally located

Eastcliff, Hermanus

Over two-thirds of Hermanus’ population are permanent residents, unlike most coastal areas that tend towards communities of holiday houses and apartments. In terms of houses for sale in Hermanus, the town offers everything ranging from quaint 1 bedroom Hermanus apartments to luxurious 4 and 5 bedroom seaside mansions. Your average 3 bedroomed family houses in Hermanus can cost anywhere from R1, 200 000...
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Holiday-home buyers now a vanishing breed in Hermanus
The Overberg coast has shaken off its sleepy holiday-by-the-sea reputation and is increasingly attracting younger buyers and upcountry semigrants as permanent residents. So much so, in fact, that purchasing patterns in Hermanus...
 
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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:

Income

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

36,992.16

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