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R20,000,000

25 Somerset Sereno, 25 Derrick Drive

Monthly Bond Repayment R216,741.41
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

Calculate Affordability | Calculate Bond & Transfer Costs

Monthly Levy
R2,000
Monthly Rates
R500

x20 2 Bedroom Apartments for sale as an Investment

Invest in Somerset Sereno, a cozy complex with 20 units available as an investment.
Each unit offers two bedrooms with built-in cupboards, a bathroom with a shower and bathtub, and an open-plan kitchen seamlessly flowing into the lounge. The units feature sliding doors from the lounge to a patio, connecting indoor and outdoor spaces effortlessly. The kitchen includes built-in cupboards and room for a dishwasher. Parking is hassle-free with two included open parkings.

Within the complex, residents can indulge in amenities like a communal pool, braai area, and gym, along with two designated kids' play areas.

Somerset Sereno's prime location ensures convenience, with proximity to private and international schools, Cape Town Airport just 25 minutes away, Strand Beach reachable in 7 minutes, and Vergelegen Shopping Centre a mere 3 minutes' drive.
Each unit can expect a rental income of between R8 to 10k, approximately R 200 000 return per month.

Features

2
1
Interior
Bedrooms
2
Bathrooms
1
Kitchens
1
Exterior
Carports / Parkings
2
Security
Yes
Pool
Yes
Sizes
Floor Size
88m²
Land Size
92,690m²
Extras
Access Gate  • Electric Fencing • Fence • Paving • Pool • Security Post • 24 Hour Security • Gym • Fiber Connection

Heritage Park, Somerset West

Whether you are a local resident of the Helderberg area, or just a visitor, every time you see the False Bay from either Sir Lowry's Pass lookout point or from the R44 approaching from Stellenbosch you will be left in absolute awe!! Between the Helderberg and Hottentots Holland Mountains and the False Bay coastline on the eastern side of the Cape Peninsula, lie the 3 towns that comprise the Helderberg, namely...
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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

R Detail your income

Expenses

R Detail your expenses

%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

LOAN AVAILABLE

R
%

Monthly Payment

216,741.41

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