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R15,995,000

Monthly Bond Repayment R162,385.87
Calculated over 20 years at 10.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Unique Bakoven Penthouse Gem with unrivalled versatility and views forever

Unique Bakoven Penthouse Gem with unrivalled versatility and views forever

Perfectly positioned in a quiet cul-de-sac in sought-after Bakoven, this extraordinary penthouse offers panoramic 360-degree views of the ocean and Twelve Apostles - a glorious blend of location, lifestyle and investment potential.

This uniquely-designed property currently operates as a successful 6-unit short-term rental, offering immediate and proven returns. The layout easily allows for reconfiguration into two separate apartments, or transformation into a generous 4-bedroom family home.
With the potential to add another floor using a Mansard roof design, the opportunities are tantalizing...

Features
- 6 en-suite bedrooms
- 4 spacious, sea-facing suites with kitchenettes, full bathrooms and private patios
- 2 cozy mountain-facing bedrooms with modern shower rooms
- All rooms fully air-conditioned with built-in cupboards
- Communal pool and pet-friendly garden
- Secure parking for 4 vehicles
- Utility room and separate private entrance
- Opportunity to install an elevator from back entrance
- Option to purchase fully furnished for a seamless, income-generating takeover

This property offers a rare combination of versatility, views, and value - whether as a high-yield STR investment, dual-living setup, or your dream seaside home.

Don't miss this incredible opportunity - call me now to schedule your private viewing.

Features

6
6
4
Pets Allowed
Yes
Interior
Bedrooms
6
Bathrooms
6
Kitchens
4
Reception Rooms
2
Furnished
Exterior
Garages
4
Security
Yes
Pool
Yes
Sizes
Land Size
285m²
Extras
Balcony  • Built-in Wardrobes  • Pets Allowed  • Private Garden  • Shared Pool  • View of Water  • Available Furnished  • Air Conditioner  • Tiled Floors

In the news

A second view of Bakoven shot a few years ago.
A second view of Bakoven shot a few years ago. Prints available from www.shop.panascape.co.za        
 
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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
TOTAL:
Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

162,385.87

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