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R18,000,000

256 8th STREET

Monthly Bond Repayment R191,957.33
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R2,846

The only 3 adjacent stands available in Voëlklip!

Exclusive Mandate
This is a once in a lifetime opportunity: Build a large home over 3 stands or develop 3 individual homes.
Nestled in the highly sought-after suburb of Voëlklip, this expansive 1,488 square meter property offers a rare opportunity for investors, developers, or families looking to secure prime real estate in Hermanus. With subdivision underway, the property is being divided into three separate plots, all to be sold as vacant land—an ideal canvas for creating dream homes or investment properties. There is an option to hold onto the existing house and keep the 3 stands consolidated.
Voëlklip is experiencing rapid growth, with increasing demand and remarkable returns on investment. This property is situated in the sunbelt of Voëlklip, a location that enjoys the best of both worlds: breathtaking, uninterrupted sea views to the south and panoramic mountain vistas to the north. The north-facing orientation ensures sun-filled spaces, perfect for year-round living or holiday homes.
The property's spacious size allows for flexibility in design, whether for a single dream home or multiple dwellings to generate income. With the subdivision and site development plan included, much of the groundwork has been completed, making it easier for developers or investors to jumpstart their project.
This rare offering is perfect for making the most of the high demand in Voëlklip. With its prime location, stunning natural beauty, and investment potential, this property is an unmissable opportunity in one of Hermanus' most prestigious areas.
The property is within walking distance to Blue Flag Grotto Beach and the Lagoon.

Features

5
4
Interior
Bedrooms
5
Bathrooms
4
Kitchens
2
Reception Rooms
3
Sizes
Floor Size
427m²
Land Size
1,488m²

On Show

10:00 to 14:00
Saturday, 02 November 2024
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Voelklip, Hermanus

Known for being the official Whale Watching Capital of the World, Hermanus is surrounded by crystal blue beaches, towering mountains and dense amounts Fynbos. It is a haven for tourists and an ideal location to invest in, furnished with modern infrastructure, trendy shopping malls and high adrenaline adventures. Hermanus has an array of titles to its name, it has won the Cleanest Town of the Year since 2003,...
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Hermanus is the next hot commodity
When investing in property for commercial or private reasons - location is imperative. Finding the ideal home in an area which is consistently developing and privileged with natural attractions will ensure that your property buy...
 
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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, 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 Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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Monthly Payment

191,957.33

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