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R4,495,000

Monthly Bond Repayment R47,936.01
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Rates
R1,835

Welcoming family home with views in sunny, friendly neighbourhood.

As a resident of the neighbourhood for the past 14 years I can truly say, that if you’re looking for:

- Great Views, our neighbourhood is on the mountain slopes;
- More sun and less wind, we get the late afternoon sun and are more sheltered from the South Easterly wind than many other parts of Hout
Bay;
- Convenient Location, we’re opposite the Hout Bay International School and within a short stroll of the Hout Bay Riding Centre, Pick ‘n Pay
Express, the Kronendal Homestead with a vibey restaurant, cross fit gym, Core physio and Wellness Studio, a Hair Salon and more;
- A super-friendly, always helpful, family-orientated Community;
- A secure neighbourhood. We have just one road into the area, with multiple cameras both within the area and along boundary fences,
WhatsApp Groups for emergencies, that are linked to CCP (Community Crime Prevention) and Deep Blue (Armed Response) and more;
- We are an SRA (Special Rates Area), which means we all pay a small percentage of our rates bill to the municipality, which in turn is paid
back into the community for things like security and ‘curb appeal’;

Then Penzance Estate is for you!

This characterful and delightful 4 bedroom home comprises of the following:

Upstairs:
- modern, open-plan kitchen, living and dining area leading out to a spacious deck with beautiful views over Hout Bay and surrounding
mountains.
- there is a large, wood-burning fireplace in the double volume living and dining area, with exposed wooden trusses.
- 3 bedrooms and one bathroom complete this level.

Downstairs:
- a spacious, self-contained one-bedroom flat, which can be accessed via a staircase from the upstairs living room, but also has its own
entrance, separate from upstairs, so could be closed off for complete privacy.
- The flat has its own kitchen and spacious living area leading out, through stacking doors, to a spacious, decked patio and out onto the
garden. Great as a teen pad, space for elderly parent/s or an AirBnb income generator.

Manageable garden with swimming pool and a solar geyser.

Single garage, which is plumbed for washing machine and has some built-in cupboards. It could be converted to a staff quarters. In front of the garage is a shaded carport.

Features

4
2
1
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
2
Kitchens
2
Reception Rooms
4
Furnished
Exterior
Garages
1
Carports / Parkings
1
Security
Yes
Flatlet
1
Pool
Yes
Sizes
Floor Size
182m²
Land Size
495m²
 
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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

47,936.01

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