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R8,000,000

Monthly Bond Repayment R85,314.37
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Serendipity Farm lodge close to Somerset West

Exclusive sole mandate.
This property has over the years met the owner's many changing needs, not only did it offer luxury country living for her extended family, but later transformed into accommodation for holidaying guests and wedding parties. More recently long term leases were in place offering a good monthly rental income. There are 18 structures, 2 boreholes and three phase electricity. It is strategically positioned close to educational and sporting institutions, most notably the new Rhino Rugby Academy which is currently being planned for development on its doorstep, and which will require short term accommodation for visiting guests and sporting stars. Conveniently close to major routes to Cape Town and the Overberg.

The property requires a lot of maintenance and aesthetic repairs to bring it back to its former glory. Your investment in this VAT-registered property will unlock its potential. Contact the agents today for more information and a viewing.

Features

34
22
Pets Allowed
Yes
Interior
Bedrooms
34
Bathrooms
22
Kitchens
10
Reception Rooms
28
Studies
2
Exterior
Carports / Parkings
34
Security
Yes
Pool
Yes
Sizes
Floor Size
1,000m²
Land Size
1Ha

Somerset West Rural, Somerset West

Somerset West is a picturesque town located in the Western Cape province of South Africa. It is situated in the Helderberg region, surrounded by the Hottentots Holland Mountains and the Indian Ocean. The town is known for its beautiful views, mild climate, and friendly community. The town is a popular destination for retirees and families, offering a relaxed and peaceful lifestyle. There are many recreational...
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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%
TOTAL:
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%
TOTAL:
GRAND TOTAL:

Income

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

85,314.37

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