Please note that our Terms of Use and Privacy Notice are applicable.
Back to search (Western Cape > Helderberg > Commercial & Residential Property for Sale & Rent > Houses, Apartments & Granny Flats for Sale> ad 1269972285)
Joint Mandate Apartment complex with 16 apartments
R 10,500,000
Can I afford this?24 Photo(s)
2 months ago180 views
Ad Saved to My List
View and manage your saved ads in your account.
Share
WhatsApp
Facebook
Messenger
Twitter
Copy URL
Email
Report Ad
Report This Ad
Reason for Reporting
Email Address
(Required)
Message
(Optional)
Report Ad
By clicking "Report" you accept the Gumtree Terms and Conditions.
General Details
Location:
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):6+
Bathrooms (#):4+
Parking:Garage
Description
DEVELOPMENT OPPORTUNITY!
Joint Mandate - Apartment complex with 16 apartments in Somerset West close to vibrant Bright Street.
This incredible Heritage site, built in 1905 as The Somerset West Hospital, situated on a spacious 3229 sqm erf, offering a plethora of possibilities and a fantastic investment opportunity. This site boasts three unique buildings consisting of a total of 16 units. These units range from cozy bachelor apartments to spacious one-bedroom apartments, with rental income ranging from R6000 to R7500 per month per unit.
In addition to the Heritage buildings, the surrounding area has been cleared and approved for development. With proposed plans in place, this GR2 zoned site is ready for a potential two or three story building. Located across from a school and nearby all necessary amenities, this site is perfectly situated for a variety of uses. As it’s close to the railway station, parking spaces per unit are forfeited, a huge advantage for a developer.
Viewings by appointment only.
Property Reference #: CCH263
Agent Details:
Hennie Van Heerden
CCH (Cape Coastal Homes / City Country Homes)
Shop 9, Melcksloot Village, Cnr of Reese Road & De Beers Avenue, Somerset West, 7130
Joint Mandate - Apartment complex with 16 apartments in Somerset West close to vibrant Bright Street.
This incredible Heritage site, built in 1905 as The Somerset West Hospital, situated on a spacious 3229 sqm erf, offering a plethora of possibilities and a fantastic investment opportunity. This site boasts three unique buildings consisting of a total of 16 units. These units range from cozy bachelor apartments to spacious one-bedroom apartments, with rental income ranging from R6000 to R7500 per month per unit.
In addition to the Heritage buildings, the surrounding area has been cleared and approved for development. With proposed plans in place, this GR2 zoned site is ready for a potential two or three story building. Located across from a school and nearby all necessary amenities, this site is perfectly situated for a variety of uses. As it’s close to the railway station, parking spaces per unit are forfeited, a huge advantage for a developer.
Viewings by appointment only.
Property Reference #: CCH263
Agent Details:
Hennie Van Heerden
CCH (Cape Coastal Homes / City Country Homes)
Shop 9, Melcksloot Village, Cnr of Reese Road & De Beers Avenue, Somerset West, 7130
Id Subtitle 1269972285
View More
Property Loan Calculator
Purchase price
R
Deposit amount
R
Interest rate
%
No. of years
5
10
15
20
25
30
RECALCULATE
Estimated monthly repaymentR 113,790
Total property loan amountR 10,500,000
Total interestR 16,809,418
Total repaymentR 27,309,418
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
RECALCULATE
CCH (Cape Coastal Homes / City Country Homes)
Selling for 2+ months
Total Ads560
Active Ads560
Professional Seller
This seller has registered a Gumtree business account which allows them to qualify as a professional seller.To grow your business with Gumtree read more
Seller stats
560Total Ads
88.47KTotal Views
Contact CCH (Cape Coastal Homes / City Country Homes)
082*******Show Number
Message
(3996)
Name
(Optional)
Email Address
(Optional)
Phone
(Required)
Send Message
By clicking "Send" you accept the Terms of Use and Privacy Notice and agree to receive newsletters and promo offers from us.
Related Ads
1
R 895,000
SavedSave
Welcome to your new home in the heart of Somerset West! This delightful bachelor apartment offers a perfect blend of comfort and convenience, ideal for singles or young professionals seeking a stylish living space. Nestled in the picturesque suburb of Somerset West, this apartment offers easy access to local amenities, shopping centers, and recreational facilities. Step into an open-plan living area that exudes a contemporary charm, designed to maximize space and natural light.En-Suite Bathroom: Enjoy the privacy and comfort of a well-appointed en-suite bathroom, featuring modern fixtures and fittings. Relax and unwind on your private balcony, boasting stunning views of the surrounding landscape. Perfect for enjoying your morning coffee or evening sunsets. The property is part of a secure sectional title complex, offering peace of mind with controlled access and 24/7 security. Residents have access to a range of on-site amenities, including a communal pool, landscaped gardens, and dedicated parking spaces.Dont miss this opportunity to own a beautiful bachelor apartment in one of Somerset Wests most sought-after locations. Contact me your Somerset West Rental and Sales specialist today to schedule a viewing and experience the charm and convenience this property has to offer!Has PoolProperty Reference #: RL22897Agent Details:Annushka HassanABC International Real Estate20 Century Way, Manhattan CornerCentury CityCape Town7441
Invalid date
1
R 1,025,000
SavedSave
Bedroom Flat/ Apartment for sale in Heritage ParkPrices from R1 025 000 - R1 095 000 are offered by the developer for a variety of apartments for sale in Somerset West. First floor units of these flats have open-concept living areas with balconies, while ground floor units also have terraces. An extractor fan, oven, stove, and piping for an appliance are all installed in the kitchens. There are two bedrooms and one bathroom in each unit. In addition, Somerset Sereno provides a shared swimming pool, gym, braai area, playground for children, and safe parking.The apartments have an open concept living and kitchen space, two bedrooms with built-in cabinets, and one bathroom.Security around-the-clockWith the exception of the six display room units, which are also for sale, every unit is occupied at the moment. Where applicable, transfer duty is included in the purchase price.omits bond and transfer fees.Easy access to enjoy all that Cape Town has to offer is provided by the building's handy location near eateries, shops, and public transit.An attorney for the bond and transfer has been assigned.Should buyers need mortgage loans, funding will be obtained through Betterbond.To schedule a viewing, send an email, text, or whatsapp (Monday to Friday, 8 to 5).
Invalid date
1
R 799,000
SavedSave
Comfortable And Conveniently Situated 1-Bedroom ApartmentWelcome to this 1-bedroom ground floor apartment in the heart of Somerset West, located opposite Somerset-West Primary School and close to all amenities and access routes.Upon entering, this sunny apartment features one spacious bedroom with ample built-in cupboard space, separate bathroom, separate kitchen with a stove, washing machine connection and plenty of cupboards ,dining room and lounge area with a door that leads to a patio.Remote access to enter the complex. Apartment comes with a single parking bay. The complex has a communal garden and braai facilities.Contact me today for a viewing_Lizanne Visser:076 466 2893
Invalid date
1
R 10,500,000
SavedSave
DEVELOPMENT OPPORTUNITY! Sole mandate - Apartment complex with 16 apartments in Somerset West close to vibrant Bright Street. This incredible Heritage site, build in 1905 as The Somerset West Hospital, situated on a spacious 3229 sqm erf, offering a plethora of possibilities and a fantastic investment opportunity. This site boasts three unique buildings consisting of a total of 16 units. These units range from cozy bachelor apartments to spacious one-bedroom apartments, with rental income ranging from R6000 to R7500 per month per unit. In addition to the Heritage buildings, the surrounding area has been cleared and approved for development. With proposed plans in place, this GR2 zoned site is ready for a potential two-three story building. Located across from a school and nearby all necessary amenities, this site is perfectly situated for a variety of uses. As it’s close to the railway station, parking spaces per unit are forfeited, a huge advantage for a developer.Viewings by appointment only.Property Reference #: CCH263Agent Details:Hennie Van HeerdenCape Coastal HomesShop 9, Melcksloot Village, Cnr of Reese Road & De Beers Avenue, Somerset West, 7130
Invalid date
1
R 975,000
SavedSave
Somerset Sereno - Experience Serenity and Luxury in Somerset WestEscape to the tranquil beauty of Somerset Sereno in Somerset West. This Tuscan-inspired development offers secure sectional title units surrounded by green open spaces. Enjoy the convenience of being near pristine beaches, private schools, a medical clinic, shopping centers, and golfing estates. Key features include a pool, clubhouse, braai area, stunning mountain views, and superior finishes. With easy access to Cape Town International Airport and the N2 highway, Somerset Sereno provides the perfect blend of peace, luxury, and convenience. Dont miss out on this opportunity for a serene lifestyle. Contact us today to secure your dream home.Apartment Features:• 2 bedroom apartments• 1 bathroom• 1 to 2 parking spaces• Secure Estate• Proximity to Pristine Beaches• Unsurpassed Mountain Views• Braai Area, Pool & Clubhouse• Close Proximity to Golf Courses, Schools & Somerset Mall• Easy Access to Cape Town International Airport & National Road (N2)• DSTV Enabled• Superior FinishesDont miss this opportunity to embrace the lifestyle youve been longing for. Live in luxury, surrounded by natural beauty and modern conveniences. Experience the tranquility of Somerset Sereno in Somerset West. Contact us now to secure your dream home in this exquisite development. Various levies payable per m2100 % Finance arranged through for self employed and salaried individuals.Complete the document on additional documents for Finance approval and submit relevant docs.Best terms and rates through all major banks and other financial institutions.Also insurance through our sister company.Get in contact todayFrom R975000Property Reference #: 1832Agent Details:Bazil NaidooOmega Real EstateShop 8 Central Parade Building Victoria Road, Camps BayMilnerton
Invalid date
1
R 1,250,000
SavedSave
This Beautiful Apartment with landscaped gardens situated in a quiet corner of Somerset Links Complex with two balconies with stunning views, the layout of this Apartment is also one of fewThis complex situated central and walking distance to Somerset Mall Shopping Centre - Entrance 3Open Plan Kitchen / LoungeTwo BedroomsTwo Bathrooms1 Basement ParkingNo lifts in this Block only staircaseSecurity in the Complex is as follow:Bio metric fingerprint access24 hour guarded security24 hour security surveillanceThis Complex offer a CommunalPoolGymMontessori pre-school on the premisesThe Complex is near the golf driving rangeComplex is also situated with easy access Close to the N2 and R44 to Stellenboschideal for first time buyers / Investment or Holiday home near the Beach easy lock up and go Levies - R2000Rates - R700Potential Rental Income ±R8800 p/mRates And Taxes: 700Levies: 2000Property Reference #: 417Agent Details:Bea Hayes NewmanNiehaus Eiendomme105 New Eskdale Str, Suider Paarl, 7646Gordons Bay
Invalid date
View More
Back To SearchGumtree Safety Tips
1.Meet in a public space to see the item and exchange money.
2.Never send your item before receiving the money.
3.Never send or wire money to sellers or buyers.
Looking to Sell?
Whether you are selling your car, old cell phone or laptop, learn how much your item could be worth with our Gumtree Pricing Guide.