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R2,050,000

Monthly Bond Repayment R19,782.94
Calculated over 20 years at 10.0% with no deposit. Change Assumptions

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Monthly Rates
R130

VALUE FOR MONEY PROPERTY

This 250m² brand new house (in process to be completed) offers so much to the new buyer. The location is ideally situated in a cul-de-sac in a quite area of Wavecrest, yet close enough to all main routes, with lovely mountain and sea views.

Entering the house through the front door leads to an open plan kitchen, lounge and dining area with a built-in braai as well. Sliding doors leads onto a wooden deck with views of the mountains and sea. Two bedrooms with one bathroom and the main bedroom with en-suite bathroom completes this house.

It is really a must see so contact me now for a viewing and to add your likes/preferences on the final finishing touches, to truly make this your own.

If they think of it at all, most people would place Jeffreys Bay as one of South Africa’s best surf spots, home to the Corona J-Bay Open in July and the SA Surf Championships in October, and a place to enjoy a relaxed seaside holiday the rest of the time.But it’s much more than that, says local Chas Everitt International franchisee, Brendon Lahana, who notes that the Eastern Cape has a rising percentage of permanent residents and a growing economy.
“Winning the Kwela ‘Town of the Year’ title last year has indeed put Jeffreys Bay in the spotlight and made many more people aware of the wonderful lifestyle it has to offer,” he says.
“Retirees love it here, for example, because of the pleasant climate, the comparatively moderate home prices, the well-managed golf, tennis and bowls clubs and the excellent health and medical facilities, with a large private hospital just 15km away in Humansdorp.”
At the other end of the age spectrum, the town is close enough to Port Elizabeth to be a good option for young career people looking to buy their first homes - and their growing presence is reflected in an array of new local breweries, restaurants and trendy shops, he says.
“Such buyers also tend to make maximum use of the opportunities Jeffreys Bay offers for water sports like wind surfing, kite surfing, leisure boating, fishing and open water swimming as well as traditional surfing.”
These and other outdoor activities are also drawcards for the increasing number of families semi grating to the town from big cities all over SA, says Lahana.
He says these relocations are made easier by the presence of good local schools including the Jeffreys Bay, Victory, JBay Academy, Pharos and Kings College primary schools, and the GLA, Jeffreys Bay and Nico Malan high schools.
An addition, the shopping and banking needs of residents can generally be met locally between the original central business area and the newer Fountains Mall close to the N2.
Lahana says the growth of the permanent population is also giving rise to new businesses and job opportunities. And further economic growth is expected as tourism continues to expand, and the first phase of a new industrial park as well as the new Fountains business park come on stream. Stands in the latter are already selling well.
Ultimately, these developments will boost home sales but for now, Jeffreys Bay is still a relatively small market, with just 239 homes sold in the second half of 2018, at an average price of R885 000, according to property data company Lightstone.
Lahana notes that the majority of these (102) were in the popular Wavecrest and Noorsekloof suburbs, with the rest being split between C-Place, Ferreira Dorp, Kabeljous, OuDorp, Aston, Paradise Beach and the luxury Marina Martinique estate.

Features

3
2
2
Pets Allowed
Yes
Interior
Bedrooms
3
Bathrooms
2
Reception Rooms
2
Exterior
Garages
2
Carports / Parkings
2
Security
Yes
Views
Yes
Sizes
Floor Size
250m²
Land Size
947m²

Wavecrest, Jeffreys Bay

Jeffrey’s Bay in the Eastern Cape– fondly known as “J-Bay” to locals – derives its name from one of the senior partners of a pioneering firm in the area called “Jeffrey & Glendinnings”, which opened its doors back in 1849.   The former ‘hippie hangout’ and small fishing community has since evolved to become a rapidly expanding urban area, to add to its...
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In the news

Spotlight on: Jeffreys Bay
If they think of it at all, most people will place Jeffreys Bay as one of SA's best surf spots, home to the Corona J-Bay Open in July and the SA Surf Championships in October, and a place to enjoy a relaxed seaside holiday the...
 
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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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Expenses

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Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

19,782.94

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