A rare find

R 1,560,000

Can I afford this?
2 months ago391 views
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General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):3290
Description
WELL ESTABLISHED BLOCK OF FLATS

Sole mandate. On offer in Hermanus is this ground-floor apartment in the Oak Terrace apartment block. Oak Terrace is one of the most sought-after apartments in Hermanus, The apartments are situated on Main Road about 400 meters from the CBD.

Step into comfort with this beautifully maintained apartment that offers a serene bedroom, a cozy living space, and a modern kitchen ready for your culinary adventures. Nestled in a tranquil complex surrounded by lush gardens, this home is perfect for those seeking a peaceful retreat without sacrificing convenience.

The apartment has a single bedroom plus an ensuite bathroom and an open plan lounge and kitchen. There is an extra small room that can be used as a study. The unit is close to the entrance and on the mountainside of the block. The flat has recently been renovated to a modern finish.
There is a high demand for rentals in Hermanus, so a good investment opportunity.
The gardens are tranquil and full of bird life a must see.

Contact the Resident agent for more exclusive viewing.
Viewings by appointment only, including on show properties.
Finance can be arranged by Rawson Finance.

Property Reference #: 1236684

Agent Details:
Stephen Penny
Rawson Properties Hermanus-Gansbaai
81, Main Road, Ipic Shopping Center, Hermanus, Hermanus Central, Western Cape
Mitchell Str (Behind Ackermans)
Hermanus Central, Western Cape

Id Subtitle 1262914339
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Estimated monthly repaymentR 16,906
Total property loan amountR 1,560,000
Total interestR 2,497,400
Total repaymentR 4,057,400
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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Rawson Properties Hermanus-Gansbaai
Selling for 3+ years
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