Own a Share of Luxury Coastal Living in Hermanus
A fully managed 6-bedroom seaside home with a nanny’s room, offering guaranteed annual stays, shared ownership, and effortless holiday living.
A Property Designed to be Remembered
Prime coastal location
Set between mountain and sea in the heart of Hermanus, 188 on Second offers uninterrupted views, fresh ocean air, and easy access to beaches, restaurants, and the renowned Hemel-en-Aarde wine route.
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Effortless shared ownership
Enjoy the benefits of a luxury holiday home without the full-time responsibility. With a structured rotational calendar and full management in place, every stay is seamless and stress-free.
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Designed for living & entertaining
From spacious lounges and open-plan living to the pool, braai, and pizza oven, the home is thoughtfully designed for relaxed family time and memorable gatherings.
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A home that holds its value
Timeless interiors, quality finishes, and a sought-after location ensure enduring appeal — making this not just a lifestyle investment, but a smart long-term one.
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Secure your share in 188 on Second
Limited shares available
- Exclusive use of the home for 6 weeks per year (rotational calendar)
- Guaranteed access to peak-season stays
- Fully furnished, luxury home — ready for every arrival
- Hassle-free ownership with full property management
- Monthly levy covering maintenance, utilities, and upkeep
- A rare opportunity to own in one of Hermanus’ most sought-after coastal locations
188 on second
The Property
188 on Second is a beautifully designed coastal home set between mountain and sea in the heart of Hermanus. Thoughtfully curated for comfort, connection, and effortless living, the home offers a seamless blend of relaxed luxury and functional design.
With generous living spaces, multiple entertainment areas, and uninterrupted views, the home is perfectly suited for both quiet escapes and memorable gatherings with family and friends.
Fully furnished and carefully maintained, every detail has been considered — allowing owners to arrive, settle in, and enjoy the experience without the responsibilities typically associated with owning a second home.
The Lifestyle
An Investment in Experience
Time
More than just a stay, time here slows down. Mornings begin with ocean air, days unfold between pool and beach, and evenings are shaped by shared meals and easy conversation.
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Place
Set between mountain and sea in Hermanus, the home is deeply connected to its surroundings — where natural beauty, fresh air, and a sense of calm define each stay.
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Living
Designed for real moments, from relaxed family time to effortless entertaining. Generous spaces, indoor-outdoor flow, and thoughtful details make the home easy to enjoy.
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Value
A home shaped by quality, location, and lasting appeal. Offering not only a place to return to, but something that holds its worth over time.
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188 on Second
The Value of Ownership
A setting that stays with you
Positioned between mountain and sea in Hermanus, the home enjoys uninterrupted views and a constant connection to its natural surroundings. From changing light across the water to quiet moments overlooking the landscape, it’s a place guests return to time and again.
Designed for how people live
Whether hosting family, gathering with friends, or enjoying a quiet escape, the home offers flexibility in how it’s used. Generous living areas, multiple bedrooms, and seamless indoor-outdoor flow make it equally suited to personal stays and guest experiences.
Considered design, lasting appeal
Thoughtfully furnished and carefully detailed, the home balances comfort with timeless style. Every space has been created to feel both relaxed and refined, ensuring it remains as inviting in years to come as it is today.
A home that works year-round
Hermanus attracts visitors across all seasons, from summer holidays to whale season and winter escapes. This consistent demand, combined with the home’s design and location, supports both lifestyle use and ongoing appeal.
Frequently asked questions
What does shared ownership mean?
Shared ownership allows you to enjoy a luxury home without taking on the full cost and responsibility of owning it outright. Each share gives you exclusive use of the home for a set number of weeks each year, along with a proportional stake in the property.
How many shares are available?
Ownership is limited to a small number of shares to ensure exclusivity and ease of use. A select number of shares are currently available. Details can be provided on request.
What is included with ownership?
Each share includes:
- Exclusive use of the home for 6 weeks per year (rotational calendar)
- Access to peak-season stays
- A fully furnished and equipped home
- Ongoing maintenance and management
- Utilities and general upkeep covered through a monthly levy
Can the home be rented out when not in use?
Yes. The home may be made available for short-term rentals when not in use, allowing for additional income potential while maintaining the quality and care of the property.
How are bookings managed?
Bookings are managed through a structured calendar system. Owners receive allocated weeks on a rotational basis, ensuring fair access to peak periods. A management team oversees scheduling, preparation, and turnover between stays.
Who manages the property?
The home is professionally managed to ensure it is always maintained to a high standard. This includes cleaning, maintenance, and preparation ahead of each stay, allowing for a seamless experience.
Are there ongoing costs?
Yes, a monthly levy is payable and covers operating costs such as maintenance, utilities, cleaning, and general upkeep of the home.
Is this a full ownership structure?
This is a shared ownership model, designed to provide access to a premium property without the full financial and management burden of sole ownership.
Our Recent
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In Experienced Hands
Sue Lederle
188 on Second is developed and managed by Sue Lederle, founder of Lederle Holdings.
With a portfolio spanning South Africa and Europe, Sue brings a considered approach to design-led properties — balancing aesthetic appeal with functionality and long-term value. Her work is defined by attention to detail, thoughtful planning, and a clear understanding of how spaces are lived in and enjoyed.
Her developments, including Ukuthula House in the Kruger National Park and Casa di Led & Casa Olivi in Italy, reflect a consistent focus on quality, comfort, and enduring appeal.
