We’ve done second-home hangouts like Plett and Hermanus recently, so why not have a gander at the Pringle Bay property market?

It is a great weekend getaway from the Mother City, even if you have to slog through the Somerset West traffic to get there, and it looks like you can still get some real bang for your buck.

Plonk down R5 million and you can snap up a six-bedroom, four-bathroom riverside gem, advertised on Pam Golding Properties.

It’s quite the looker, too:

Here’s the little write-up:

Sought after Cape Cod style home on the river with private jetty and river access only a stroll to the beach. This north facing single storey river house has an expansive sheltered and very private deck with unobstructed views to the beach and over the small holdings to the mountains.

Plenty of accommodation with the two main bedrooms enjoying river views and private access to the deck. The open plan lounge dining and kitchen area open through french doors to the deck and river inviting nature into the home.

The jetty is large enough to host your friends for sundowners. Fully secure.

That bedroom above does look like a half-decent spot to wake up.

Number crunching time: let’s say you and two other couples, who you actually don’t mind spending time with, decided to buy this.

You put in a 10% deposit, which is R495 000, and you opt for a 20-year bond…

R43 000 divided by three and each couple pays R14 300 or so.

Oh, throw in the bond registration fees and those transfer fees of around R430 000 while you’re at it.

Better hurry, because the property is currently under offer, too.

[source:pamgolding]