Summer View Estate
Somerset West – Western Cape
3 Bedroom homes from R2.5MIL
Special Investors Package
First 40 Buyers ONLY | 12 Months Free Levies | 24 Months Rental Assist |
No Transfer Cost | Bond Registration Cost Included
More Information & Enquiry
Please complete the form below to receive more detailed information.
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.
Key Features & Investment Features
Estate Features:
- Electric Fence and Access Control
- Thermal Perimeter Cameras
- 24-hour Camera Monitoring
- 24-hour Guarding
- Swimming Pool and Private Clubhouse
- Kids Play Areas and a Crèche
- Walking and Jogging Trails
- Indoor Gym
- Dams as well as Indigenous Landscaping
Investment features:
- No Bond and No Registration Costs
- 12 Months Free Levies
- 24 Months Rental Assist
- 100% Bonds available for Qualifying Investors
- Special Property Investors Deal ONLY for first 40 BUYERS ONLY.
The Estate
Phase 1 – Summer View
Phase 2 – Mount View
Floor Plans
Estate Amenities
Investment Summaries
Type A and B from R 2,537,485.00
Purchase Price* (minus R 30 000 Deposit): | R 2 507 485 |
Monthly Bond Repayment: | R 23 879 |
Monthly Levies: | R 1 500 |
Monthly Rates & Taxes: | R 900 |
Monthly Rental Income: | R 18 500 |
Monthly Rental Assist (Included for 24 Months): | R 7 000 |
Monthly Levy Assistance (Included for 12 Months): | R 2 490 |
Monthly Surplus: | R 1 713 |
Net Yield: | 12% |
Investment Summaries
Type C, D, E and F from R 2,554,055.00
Purchase Price* (minus R 30 000 Deposit): | R 2 524 055 |
Monthly Bond Repayment: | R 24 037 |
Monthly Levies: | R 1 500 |
Monthly Rates & Taxes: | R 900 |
Monthly Rental Income: | R 18 500 |
Monthly Rental Assist (Included for 24 Months): | R 7 000 |
Monthly Levy Assistance (Included for 12 Months): | R 2 490 |
Monthly Surplus: | R 1 553 |
Net Yield: | 11.7% |
Investment Summaries
Type H from R 2,600,000.00
Purchase Price* (minus R 30 000 Deposit): | R 2 570 000 |
Monthly Bond Repayment: | R 24 475 |
Monthly Levies: | R 1 500 |
Monthly Rates & Taxes: | R 900 |
Monthly Rental Income: | R 18 500 |
Monthly Rental Assist (Included for 24 Months): | R 7 000 |
Monthly Levy Assistance (Included for 12 Months): | R 2 490 |
Monthly Surplus: | R 1 115 |
Net Yield: | 11.7% |
Location Map
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