select
|

The most sought after address in Hermanus?

With just a handful of streets, the suburb consists of  around 100homes, many of which have not changed hands in decades, as families pass them on from generation to generation.  Pam Golding Properties reports that this rarity factor sustains property values in the area, making them resilient to market fluctuations.

Kwaaiwater lies above a small bay on the eastern edge of the town centre, with the Fernkloof Golf Estate as its nearest neighbour.  PGP’s area manager for Hermanus, Adrian Kuiper, says the suburb is popular not only for its views, but also for its convenient location.  “Kwaaiwater is just four minutes’ drive from the town centre with its shops, restaurants and other attractions,” he says, “yet due to its small size and somewhat remote location on the cliff-side it is quieter and less congested than some other parts of town, even in peak season.  The homes here tend to be high-value properties, with an owner mix of about 50 percent permanent residents and 50 percent holiday owners.  The iconic blowhole and rocky outcrop known as Rowe Klip is a landmark on this stretch of coastline, as well as the small secluded Kwaaiwater beach.  Whilst this lives up to its name and is not safe for swimming, residents of this suburb can access the main bathing beaches such as Kammabaai and Voëlklip via an easy four minute drive or 15 minute walk along the cliff-path.”

PGP’s MD for the Boland and Overberg regions, Annien Borg, says the entry level for the suburb is around R1.5 million to R3.5 million, which will secure a home on the mountain side of Main Road.  “Properties located on the sea side can be priced anywhere from R5.5 million to R24 million,” she says.

PGP currently has the exclusive mandate to market a spacious home in Kwaaiwater which has been in one family for more than 30 years.  Occupying close to 1000sqm on an elevated corner erf, the home is located on Mossel River Drive, the sought-after front row in the suburb.  Directly overlooking the cliff path, it enjoys spectacular 180 degree sea views.  The home has four bedrooms, three-and-a-half bathrooms and three spacious open-plan living areas, with excellent indoor/outdoor flow to both sea- and mountain-facing patios.  Other features include a study, double carport and mature garden.  The property is on the market at R13 million, and Kuiper says it would be ideal for use as either a permanent residence or family holiday home.


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 20 Nov 2017
      Since 2012, sectional title complexes have been leading the South African property market, not only in terms of price growth, but sales volumes as well. Remaining relatively strong, even in the face of 2017’s political and economic turmoil, experts say this market segment could offer valuable insight into South Africans’ property purchase priorities.
    • 20 Nov 2017
      Regardless of whether you are purchasing your first start-up home, downsizing or moving in with roommates, finding ways to maximise small spaces can be a big advantage, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa.
    • 20 Nov 2017
      Property valued at approximately R1 billion is on High Street Auctions’ sales floor during the month of November, including the much-anticipated sale of the Tshwane Mayoral Residence and the land occupied by one of South Africa’s oldest operating gold mines.
    • 17 Nov 2017
      FWJK has announced the launch of its latest residential brand, the Lil’ Apple, which will be launched simultaneously in two developments in Cape Town and Umhlanga totaling 600 apartments. The Lil’ Apple is set to be a brand of FWJK’s New York style apartments which will be rolled out nationally.
    • 17 Nov 2017
      It’s been a tumultuous year on many fronts, with socio-political uncertainty setting the tone for much of South Africa’s economic activity yet despite this and seemingly counter-intuitively, the residential property market has held up well.
    • 17 Nov 2017
      The EAAB (the Estate Agency Affairs Board) recently claimed that around 50,000 illegal estate agents could currently be operating illegally.
    • 16 Nov 2017
      Penthouses are synonymous with New York – characterised by high-rise living that is decidedly luxurious and spacious. While exclusivity comes at a price, you can still create a “penthouse” look and feel in your existing apartment or even the upstairs bedroom of a double storey house with some clever design changes and styling touches.
    • 16 Nov 2017
      The area has long been popular with kite surfers and, with escalating property prices in Cape Town itself, is increasingly in demand with home owners who work in town, but are looking to invest in more affordable properties.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK