R580 000 | 3 Bedroom House For Sale in Franskraal, Gansbaai

You will find this leasehold property nestled between the trees of “Klein Overberg Resort” in Franskraal, Gansbaai. Whether you want to stay here on a permanent basis or to have it as a “break away” destination, this is a very good choice if you are looking for affordable housing in a safe environment. The tranquillity of this area is also something that many people crave.

On offer is a caravan with a wendy house attached to it. In the caravan section, you will have a double bed as well as 2 single beds. In the wendy section you will find another double bed, a bathroom, open plan living area, kitchen and an indoor braai.

Extras is fencing, burglar bars, safety gates, Jo-Jo water tank, and parking in the fenced yard.

Should you wish to expand, you will find that there is enough space to do so.

Please take note that this is a leasehold property. This means that you own the structure, but not the land itself. You pay a monthly fee for the land, water usage and all other Municipal services except for electricity.

Currently, this levy amounts up to R2 250 per month and electricity works on a pre-paid meter. You don’t get a Title Deed for a leasehold property.
You basically rent the land that your structure is build on and you sign a 10-year lease for this. After the 10 years expires, you will have the 1st option to renew for another 10 years.
The current cycle of 10 years will expire in 2031.

• Property Title: Leasehold