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R37,500,000

Monthly Bond Repayment R399,911.11
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Unique property with development potential for sale

Discover an unparalleled opportunity with this extraordinary property in the heart of Somerset West. As the original home of Spanish Farm, with nearly 3-hectare, this gem boasts development potential, presenting a once-in-a-lifetime chance to shape a magnificent estate in the prestigious Helderberg region. Currently zoned as agricultural land, the property can be subdivided and developed.

The residence itself, showcasing classic and Spanish design elements, features high ceilings, handmade clay roof tiles, and 80cm thick walls with parquet flooring. The spacious layout, complemented by solid wooden beams, encompasses 4 bedrooms, 3 ½ bathrooms, a large study, and a mezzanine area. The 4th bedroom can serve as a separate flatlet with a private entrance and a lounge with a built-in wood-burning fireplace. Additional amenities include a cellar, laundry room, staff toilet, sheds, 2 flatlets/staff accommodations, and a tennis court.

Immerse yourself in the tranquil ambiance of the private garden, offering breathtaking views. The lush plot includes a tennis court and a spacious, luxurious swimming pool area, making this property an idyllic blend of heritage and development potential.

Features

4
3.5
1
Interior
Bedrooms
4
Bathrooms
3.5
Kitchens
1
Reception Rooms
3
Studies
1
Exterior
Garages
1
Carports / Parkings
8
Flatlet
1
Domestic Accommodation
1
Pool
Yes
Sizes
Land Size
29,807m²
Extras
Storage • Guest Toilet • cellar • staff toilet • sheds • pool • Tennis Court • domestic quarters • Flatlet • study • Fireplace • Laundry • Garden • staff accomodation

Spanish Farm, Somerset West

The Western Cape is home to some of South Africa's best suburbs and sought-after towns. Somerset West in the region of Helderberg is one such area. With many things to do and scenic vantage points to enjoy, we help you discover why this is one of the ideal places to put down roots.  Somerset West's airports/routes: travel effortlessly  Travelling to Cape Town International Airport will take you...
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In the news

Diversity drives Somerset Wests market strength
The erstwhile sleepy village near Cape Town has blossomed over the past decade, and Somerset West is now a thriving economic hub and one of the most sought-after residential areas in South Africa. Chris Cilliers, CEO and...
 
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Disclaimer: While every representation will be made by Lew Geffen Sotheby's International Realty to ensure that the information contained within the website is accurate and up to date, makes no warranty, representation or undertaking whether expressed or implied, nor do we assume any legal liability, whether direct or indirect, or responsibility for the accuracy, completeness, or usefulness of any information. Prospective purchasers and tenants should make their own enquiries to verify the information contained herein.

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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

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Monthly Payment

399,911.11

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