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.

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