Prime investment overlooking the Somerset West Country Club

R 1,395,000

4 months ago722 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):2
Bathrooms (#):1
Size (sqm):60
Parking:Garage
Description
Prime investment overlooking the Somerset West Country Club

2-BEDROOM APARTMENTS IN A FANTASTIC LOCATION

The prime location of Vista Verde will offer residents a unique view over the Somerset West Golf Course fairways and will boast its own private clubhouse with swimming pool.


R24 000 Rental Assist for investors
Gross ROI up to 8.54%
Transfer and bond fees included*
Rental income projected from R102 000 per year
Benefit from a 55% deduction through Section 13sex tax rebates
Up to 100% bond financing available assisted by IGrow Homeloans
Tenant vetting and placement assistance through IGrow Rentals
Occupation from mid-2021
Prepaid water & electricity meters
Secure complex - 24hr security
One parking bay & garage per apartment
Clubhouse & swimming pool

PROJECTED YEARLY INCOME
R102 000

APARTMENTS SELLING FROM
R1 195 000 (Cash purchase including storeroom) *

GROSS ROI UP TO
8.54%

Trending location
Majestic mountain & ocean views
Somerset West is renowned for its scenic beauty, flora and fauna, wine and fruit, gastronomic experiences, friendly hospitality and historical heritage.

In the heart of Somerset West you will find a jewel called Vista Verde. This fantastic location, with majestic views over the green fairways of the Somerset West Country Club, is one of the most exciting projects to be launched in the Western Cape.

Go for a walk on the Strand beachfront, enjoy golf, tennis and bowls, visit Somerset Mall or enjoy a wine tour at Lourensford and Vergelegen, all with in 10 minutes of Vista Verde.

Vista Verde offers 24-hour manned security, a clubhouse and swimming pool, making staying at home and enjoying the views while relaxing a real pleasure.

Only 40 x 2-bedroom apartments will be available, all offering private patios and balconies with views across the golf course.

Each apartment comes with a lock-up garage and bond and transfer costs is included in the price.

Has Pool
Property Reference #: RL1069

Agent Details:
IGrow Wealth Investments
IGrow Wealth Investments (PTY) Ltd
99 Jip de Jager Drive
Welgemoed
The Vineyards Office Estate

Id Subtitle 937584193
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IGrow Wealth Investments (PTY) Ltd
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