6,000m² Vacant Land For Sale in Somerset Lakes

R 8,000,000

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1 year ago586 views
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For Sale By:Agency
Description
0.6ha Open Land for sale in Somerset Lakes Estate, Somerset West.

With Community Zone 1 classification, this magnificent piece of prime real estate is ripe for the picking. Whether it be for an educational institute, place of worship, medical facility, or with permission, another community based enterprise, you would struggle to find a better location.

Situated with easy access to Sir Lowry’s Pass Road and Reunion Drive, which takes you right to the N2, the property boasts a backdrop of the majestic and beautiful Hottentot Holland Mountain Range. It is also already fenced in on 3 sides with high quality perimeter fencing, and services like water and electricity are available from the City of Cape Town and Eskom.

This community zoned vacant land forms part of the Somerset Lakes Estate which is a picturesque lifestyle estate that combines the best of outdoor living with security and convenience. Nestled amongst the planned 800 residential units of the Somerset Lakes Estate are natural forest areas and a 6ha lake. Many of the residential phases have been completed with the majority of buyers being young families. Accommodation types range from apartments, to Townhouses, to freestanding 3 and 4 bedroom luxury homes. A large community already there waiting for your community development.

Property Reference #: DBV-CS00003

Agent Details:
Nanna Boersma
Century21
22 Tiekiedraai Road, Vierlanden, Durbanville, Cape Town.

Id Subtitle 1154559686
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Estimated monthly repaymentR 86,697
Total property loan amountR 8,000,000
Total interestR 12,807,176
Total repaymentR 20,807,176
Interest rate at 11.75% for 20 years *
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Century21
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