2 Bedroom House in Mossel Bay Ext 13

2 1 24 m² 46 m²

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

Photo gallery

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