2 Bedroom House in Mossel Bay Ext 13
First-Time Buyer Get up to R86,000 in Government Subsidy with First Home Finance
Step into homeownership with these modern, fully tiled duplex units in the heart of Mossel Bay. Ideal for first-time buyers earning between R7,500 and R22,000/month, this development offers unbeatable value and access to the First Home Finance (FHF) subsidy, reducing your bond and monthly repayments significantly.
To qualify for the FHF subsidy, you must:
Be a South African citizen or permanent resident
Have never owned property before
Be purchasing your first home
Have a household income between R3,501 and R22,000/month
Note: A formal Homeowners Association (HOA) has been established. A monthly levy of R300 applies for shared services and maintenance.
Whats Inside?
2 Bedrooms with built-in cupboards
1 Bathroom with shower, basin & toilet
Open-plan kitchen and lounge
Fully tiled throughout
Prepaid water & electricity meters
Secure, family-friendly environment
Monthly Living Costs Summary (Typical Unit)
R1,876/month, including:
Basic electricity charge
Water (based on 3 kL usage)
Sewerage, refuse, and property rates
HOA levy of R300/month
Note: Water and electricity usage may vary.
Example: How the FHF Subsidy Helps You
If your household earns R15,000/month, you could qualify for a subsidy of R86,000.
Normal price: R429,000
Less FHF subsidy: R86,000
Bond amount: R343,000
Monthly repayment: R3,400/month (based on 11.75% over 20 years)
This means lower repayments and easier loan approval!
Ready to Own?
We assist with FHF subsidy applications
Free home loan pre-qualification
Viewings strictly by appointment for pre-qualified buyers only
Property details
- Listing number T4439323
- Property type House
- Listing date 30 Nov 2023
- Land size 24 m²
- Floor size 46 m²
- Rates and taxes R 723
Property features
- Bedrooms 2
- Bathrooms 1
- Built in cupboards
- Kitchen
- Family TV room
- Water included