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Plot in Pringle Bay

R 1,150,000

Can I afford this?
1 day ago67 views
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General Details
For Sale By:Owner
Description

Property on the Cape Peninsula is becoming so expensive. Per square meter, it’s the priciest. Can you afford to wait for retirement or should you buy now to get a guaranteed foothold, for the future?


Please note that this is a private sale so please do not respond if you are an estate agent.


A vacant level, clean and uncomplicated plot in Pringle Bay for sale . It’s located in an area of Pringle Bay which, while it has no view of the sea at ground floor level, faces an uninterrupted and wide open view of the mountain across the road from it. A double story level would probably reveal a very distant glimpse of the sea on the western aspect.


The whole area is a protected biosphere and often, various wildlife can be observed discreetly walking the slopes.


Various mountain walks start and end just along the road from this location, often used by walkers and runners alike. The Hangklip Nature Reserve is there with everything nature has to offer.


Measuring 600m2 , the plot sits in a quieter part of Pringle Bay. It is part of the town and yet, because of view and location, has a quieter, more country feel to it than the town centre.


A big saving is that it’s already walled on two sides. It is situated on a newly tarred road, while most others there are along gravel roads.


Many plots closer to the sea are on an old wetland and are quite wet in the winter but this plot is safely distant from that, dry and on a firm footing.


Crime rate is low and there is a camera and observation kiosk at the entrance to the village. There is an active neighbourhood watch.


The rates are about R900 a month.


There is a shopping precinct with various shops including hardware, pharmacy and restaurants , theres a community church, a doctor , a fire station, a community centre, a private school, a launch area for boats, a lovely beach and lagoon. I would estimate the locals to be 50:50 English:Afrikaans


Nearby, Betty’s Bay offers the Harold Porter Botanical Gardens and a penguin colony. Then, twenty minutes drive away, the more extensive and busier town of Kleinmond offers two supermarkets, bigger hardware, dentists, veterinary surgeries, a 24 hour medical centre with doctors on duty, more restaurants. It’s 60km to Hermanus from Pringle for the whale watching. Private and state hospitals in Hermanus and then closer, Somerset West.


What are the negatives? The Cape South Easter wind and those naughty baboons which range from Rooiels to Kleinmond. Build your house with these two realities in mind, to avoid the issues.


Priced at 1,150 million but negotiable for a cash buyer. Dykes van Heerden would be the conveyancers. Below 1200000, means no SARS duty to be paid


There’s only so much coastline and once it’s all sold up, then that’s it! - Oprah Winfrey

Id Subtitle 1351020792
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Estimated monthly repaymentR 11,676
Total property loan amountR 1,150,000
Total interestR 1,652,032
Total repaymentR 2,802,032
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Linda
Selling for 17+ years
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