Vermont, Hermanus House for sale / to buy

16 Exclusive dwellings (plot & plan)...... Vermont, Hermanus, Western Cape, South Africa

Price: R1,350,000

16 Exclusive dwellings (plot & plan) with spectacular mountain & sea views. Buy direct from developer from R1,35 million - only 7 left. Choose your own finishes. Houses sizes varies between 188 sq.m & 362 sq.m & plot sizes between 600 & 652 sq.m. Houses designed to be utilized by two or more families..... Hermanus Property Market : In the longer term Hermanus homes is expected to outperform most South African residential properties - for the simple reason that this stretch of coastline is recognised as being one of the four or five top holiday and retirement areas in South Africa. Property here, especially coastal property, will become increasingly scarce. This scarcity will be exacerbated by the new coastal development legislation that is designed to preserve coastal precincts considered scenically beautiful and/or ecologically sensitive. Prime properties in sought after Hermanus in the Western Cape are fetching excellent prices with several prime seafront properties sold at prices ranging from R10.5 million to R12.5 million. In nearby Onrus a top price of R5.8 million has been achieved for a seaside property. There is a definite shift from a strong seller’s market to a rapidly emerging buyer’s and rental market. The recent interest rate hikes and the introduction of the National Credit Act are contributing to the sudden change in the property environment. Local market entry starts at around R500 000 for a one bedroom apartment, whilst an upmarket, luxury family home will sell for R10m or more. On the other hand, a spectacular character home and pool spanning six erven on the cliffs overlooking Walker Bay, is being offered at R30m. Stands with a view are much sought after, but come at a price. A 1 000m² property in Westcliff has recently come onto the market at R7,7m for the stand only. Sales at the top end of the market have not been significantly impacted by the National Credit Act and increased interest rates. However in the middle price range between R2 million and R4.5 million, the market has been somewhat slower, with prices under pressure. Conversely, the market below R1.5 million remains buoyant and is showing encouraging growth. Over the past year the Hermanus residential property market in general has experienced an average growth in value of approximately 12 percent. We expect that more properties will come onto the market as the interest rate increases start to take effect, which will present good opportunities for prospective buyers. Summer season is traditionally the most active period in the local property market. Onrus remains a much sought after holiday destination, with prices on the 'peninsula' ranging from R2-R6 million. Neighbouring Vermont has grown enormously in recent years, with vacant land selling mainly between R650 000 and R2 million. Both these towns have seen exceptional growth of 35-40 percent during 2005/6, mainly at the lower end of the market i.e. below R1.5 million. In Sandbaai there are opportunities for first time buyers below the R1 million level. Sandbaai has experienced a great deal of growth with several new residential developments launched during the past two years. Anticipating a boom in the area, large retailers are moving in and shopping malls are currently under construction. Development estates are mushrooming and by 2012, Hermanus will have transformed from a rural holiday village into a buzzing town, very much like Plettenberg Bay. Despite this, Hermanus is still regarded as being off the beaten track and manages to retain its charm.” Background Information : General Hermanus offers great beaches, mountain walks, fine restaurants and is a wine lovers paradise with nearby wine farms offering wine tasting. Other contributory factors to the success of the town is the natural scenic beauty, the mild-climate, the range of outdoor activities available and the close proximity to Cape Town. From fishing, diving, whale watching and relaxing on pristine beaches to exploring the mountainside with its diverse unspoilt coastal Fynbos and abundant bird life, or shopping, wining & dining, the charming village of Hermanus offers something for everyone. Known as the heart of the whale coast, this coastal resort offers the best land based whale watching in the world. Whales visit Walker Bay from July until December every year. About 60 to 100 of these magnificent animals come here from Antarctica to calf. Often coming to within 5-10 meters of the coast. Whales can be seen from as close as five metres from places, just about guaranteed on a daily basis, during September and October. The world's only whale crier, Wilson Salukazana, blows his kelp horn, alerting visitors to the whereabouts of the whales. Hermanus provides excellent sightings from its rocky cliffs and coastal paths. The Whale Festival is held to celebrate the arrival of the whales that come to Walker Bay to mate and calve. For ten days each September and October, Hermanus is transformed as thousands of visitors from all over the country arrive to enjoy the arts and experience of the Whale Festival.

Property Facilities Vermont, Hermanus property

◊ Bedrooms: 3◊ Bathrooms: 2

◊ Living room◊ Kitchen

Contact Details Vermont, Hermanus property

Benhard Wiese Tel: 084 611 2293 to e-mail this agent   More properties by: Benhard Wiese   View all properties by: Cape Coastal Homes

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