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R3,245,000

42 Jimmy Smith

Monthly Bond Repayment R33,494.51
Calculated over 20 years at 11% with no deposit. Change Assumptions

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Monthly Rates
R450

Charming Dual-Home Property in Sandbaai, Hermanus – Perfect for Family Living or Investment

**EXCLUSIVE MANDATE***
So many possibilities with this property.....
This unique property offers two separate, fully-equipped homes on a spacious plot in the tranquil and sought-after area of Sandbaai, Hermanus. Whether you’re looking for a versatile family home or a sound investment opportunity, this property checks all the boxes.

**MAIN DWELLING**
- 2 Bedrooms: Both featuring en-suite bathrooms for ultimate comfort and privacy.
- Spacious Living Areas: A cozy lounge and a large living room provide ample space for relaxation and entertainment. The living room has doors leading
to the garden courtyard, creating a seamless indoor-outdoor flow, perfect for enjoying the beautiful surroundings.
- Main Bedroom with Garden Access: The main bedroom also has doors leading to the garden courtyard, offering a peaceful retreat with direct access
to nature and outdoor space.
- Kitchen: Fully equipped with granite countertops and a gas stove, this kitchen is both stylish and functional. The scullery adds additional convenience
for keeping your home organized and tidy.
- Outdoor Entertainment: A large stoep with a built-in braai connects the two homes, perfect for outdoor gatherings and enjoying the beautiful coastal
climate.
- Beautiful Courtyard: Lush plants create a peaceful oasis, adding tranquility to your outdoor experience.
- Parking & Storage: Double garage for secure vehicle storage, and shaded parking for extra convenience.

**SECOND DWELLING**
- 2 Bedrooms: Comfortably sized with built-in cupboards.
- En-Suite Bathrooms: Designed for privacy and convenience, each bedroom has its own bathroom.
- Living Room: A spacious living room ideal for quiet evenings.
- Self-contained Kitchen: Fully equipped to cater to all your needs.
- Rental Income Potential:
The second dwelling offers excellent rental income potential, ideal for long-term tenants or short-term holiday lets. With the 2-bedroom layout and private entrance. Depending on the current rental market in Sandbaai, Hermanus, similar properties in the area can fetch anywhere between R8,000 to R12,000 per month for a 2-bedroom unit. This presents a fantastic opportunity to offset your home loan or generate additional passive income.

**PROPERTY FEATURES**
- Large Yard: Offering ample space for children to play, gardening, or even future expansions.
- Dual Living Potential: The layout is ideal for extended families, renting out the second home, or having a guest cottage.
- Serene Location: Nestled in the peaceful Jimmy Smith Street, this property is within walking distance of nearby shops, beaches, and local amenities.
- Investment Opportunity: With its size, layout, and prime location in Hermanus, this property is perfect for those seeking to capitalize on the rental or
holiday let market.

This property offers the best of both worlds – a comfortable family home with the potential to generate significant rental income from the second dwelling. Whether you want to live in one and rent the other, or simply enjoy a steady income stream, this property is an opportunity not to be missed.

Features

4
4
2
Pets Allowed
Yes
Interior
Bedrooms
4
Bathrooms
4
Kitchens
2
Reception Rooms
4
Exterior
Garages
2
Carports / Parkings
1
Flatlet
1
Sizes
Floor Size
270m²
Land Size
1,105m²
Extras
North • Mountain View • Veranda • Totally Walled • Single Storey • Second House • Scullery • Residential • Patio • Pantry • Oven & Hob • Mountain • Laundry • Holiday Home • Granite Tops • Gas Hob • Garden Terrace • Garden • Freestanding • Flatlet • En Suite • Covered Patio • Courtyard • Coastal Beach • Carport • Built in Wardrobes • Burglar Bars • Built In Braai

Sandbaai, Hermanus

Once a rustic Fisherman's Village, also known as The Cape Whale Coast, Hermanus now claims the reputation of being the fastest growing town in the Overberg region. Hermanus has changed its demographic from a slow-paced sleepy hollow for holiday makers and retirees to being an obvious choice for young families and young professionals offering excellent schools, top tier medical care, business opportunities, outdoor...
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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

33,494.51

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