Nearly three months after hitting the market , a luxury coastal home once owned by the late South African businessman Markus Jooste has stirred strong interest among high-end buyers. The property, located in the seaside town of Hermanus, is now expected to fetch more than its R105 million 5.8 million asking price, according to local agents.
The home sits in Volklip, an exclusive suburb of Hermanus along Cape Towns Whale Coast, known for its ocean views and quiet charm. Listed for sale in August, the residence has drawn a steady stream of inquiries from prospective buyers and investors, estate agents said.
Oceanfront Hermanus home draws top bids