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R72,000,000

Monthly Bond Repayment R767,829.33
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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The Pinnacle of Somerset West Living: A 3.4-Hectare Canvas for Luxury Development.

Set atop the highest point in Somerset West, this 3.4-hectare parcel of undeveloped land offers an extraordinary opportunity for those looking to create an exceptional, upmarket residential development. With sweeping 360-degree views that take in the majestic Helderberg basin, the tranquil waters of False Bay, and stretch as far as Table Mountain, this property is truly one-of-a-kind.

Imagine crafting a low-density, luxury enclave in this idyllic setting. The land is surrounded by mature trees and pristine natural beauty, offering a serene atmosphere while still being conveniently located near the finest amenities the area has to offer. You’ll find yourself just minutes from world-renowned wine estates, championship golf courses, and top-rated schools, making this an ideal location for discerning buyers seeking both exclusivity and convenience.

Location and Surroundings: This prime piece of real estate is nestled in a natural oasis, with treed landscapes all around, providing privacy and tranquility. Yet, despite its secluded feel, it’s only a short drive to the bustling hubs of Somerset West’s best shopping malls, gourmet restaurants, and lifestyle attractions. The Helderberg Nature Reserve is also close by, offering endless opportunities for outdoor activities, including hiking and birdwatching.

A Vision for the Future: Whether you’re envisioning a cluster of ultra-luxury homes or a boutique residential development, the land’s natural elevation and expansive size make it the perfect blank canvas. With its unobstructed views of the bay and mountain ranges, each future residence can enjoy panoramic vistas in every direction.

This property also benefits from being within easy reach of Cape Town’s city center and airport, making it an attractive prospect for those seeking a weekend retreat or a permanent, nature-infused escape from the city’s hustle and bustle.

A Rare Investment: Properties like this don’t come around often. With the demand for high-end, low-density residential developments increasing, this parcel offers a rare chance to secure one of the last large, undeveloped plots in the Somerset West area.

The sale is subject to VAT.

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Transfer Costs

Natural Persons Legal Persons
Transfer Fees
Deeds Office Levy
Transfer Duty
Postage and Petties:
Rates/Levy Clearance
Pro-Rata Rates/Levies
Deeds Office Search
Electronic Document Preparation
Vat @ 15%
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Please note: Most banks charge an administration and initiation fee.
Disclaimer: These calculations are only a guide. Please ask your conveyancer for exact calculations.

Bond Costs

  Natural Persons
Fees
Deeds Office Levy
Postage and Petties
Bank Electronic Connection Fee
Electronic Document Preparation
Vat 15%
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GRAND TOTAL:

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MONTHLY REPAYMENTS

 

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Monthly Payment

767,829.33

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