Summer View Estate

Secure Lifestyle Estate

Homes from R2,537,485

Somerset West - Western Cape

Situated a five-minute drive from the thriving town of Somerset West in the Western Cape of South Africa, (next to the popular High Riding Equestrian Estate with homes selling from R5m-R20m) at the foot of the historic old Gantouw Pass held in the timeless embrace of the majestic Hottentots Holland Mountains, lies the magnificent Summer View (Phase 1) and Mount View Estates (Phase 2) Various types of fynbos and other beautiful wildflowers grow in profusion. An abundance of birdlife and small buck, tortoises, hares and porcupines are regularly sighted.

Bond Registration Costs Included

Transfer Fees Included

24 Months Levy Subsidy

24 Months Rental Assistance

Property Investment in Paulshof Sandton

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Investment and floor plan

Ferndale Randburg 2 bed floorplan studio apartment

HOMES

3 Bedroom Homes from R2,537,485

INVESTMENT SUMMARY

3 Bedroom Homes from R2,537,485

Purchase Price* (minus R30,000 Deposit): R2,507,485

Monthly Bond Repayment 11%: R23,879

Estimated Monthly Levies: R1,500

Estimated Monthly Rates and Taxes: R900

Monthly Rental Income: R18,500

Monthly Rental Assistance: R7,000

Monthly Levy Subsidy: R2,490

Monthly Surplus: R1,711

Net Yield: 12%

R30,000

DEPOSIT

R2,400

EST EXPENSES

R18,500

RENTAL INCOME

R1,711

MONTHLY SURPLUS

12%

NET YIELD

FINANCIAL PROJECTION AVAILABLE ON BROCHURE

Please contact me with more information on this development

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