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R4,695,000

Monthly Bond Repayment R50,880.05
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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Monthly Rates
R1,740

4 Bedroom House For Sale in Penzance Estate

Tranquil, Private Family Home with a Modern Cottage

*Watch the Video Above*

Discover the essence of tranquil family living in this spacious home nestled within the lush surroundings of Hout Bay. Just a leisurely 3-minute stroll from Hout Bay International School, this residence offers the perfect blend of comfort and convenience.

Step through the inviting entrance into an open-plan living room and dining area, featuring a large lounge with a fireplace that seamlessly extends to a generous patio. The fully-fitted kitchen boasts modern amenities, expansive workspaces, ample cupboards, and a convenient breakfast counter – ideal for family gatherings and culinary creativity.

Bedrooms: Enjoy three bedrooms bathed in natural sunlight and adorned with ample cupboard space. The master bedroom features a spacious en-suite bathroom which adjoins to an additional room that was previously used as a therapy room, and could be a perfect “work from home” office with its own entrance that leads out to the front patio, or a guest room.

Cottage: Discover modern comfort in the double-storey 1-bedroom cottage, featuring an open-plan lounge/kitchen, a spacious upstairs bedroom with an en-suite bathroom, and a balcony offering panoramic mountain views. This cottage presents great potential for extra income or accommodating guests.

Indulge in outdoor entertainment with a cozy braai area just steps away from the swimming pool, surrounded by majestic trees and a sprawling lawn. Immerse yourself in the serenity of this idyllic home, where every moment is an opportunity to relax and rejuvenate amidst nature's embrace.

EXTRA’S

Cottage with prepaid electricity and separate geyser
Security gates and burglar bars all round
Wendy house (plumbed for washing machine)

SECURITY

• Penzance Estate is linked with the SRA-Special Rating Area & CID-City Improvement District which means that an additional levy gets paid toward a Penzance fund. The security has been upgraded with new clear-vu fencing, CCTV cameras and additional streetlights have been installed. There are two security guards in Penzance and an Emergency Whatsapp Group which is linked to CCP (Community Crime Prevention), Deep Blue and SAPS. The entrance and beautification project keeps the verges clean.
Take advantage of the upgraded security infrastructure and community-driven initiatives that make Penzance Estate a unique and desirable place to call home.

“Schedule a viewing today and make Hout Bay your haven”

Features

4
3
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
3
Reception Rooms
3
Studies
1
Exterior
Carports / Parkings
4
Security
Yes
Flatlet
1
Pool
Yes
Views
Yes
Sizes
Floor Size
223m²
Land Size
990m²

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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

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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

50,880.05

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