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R13,900,000

Monthly Bond Repayment R148,233.72
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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Monthly Levy
R1
Monthly Rates
R4,039
Special Levy
R1

Spacious 8 Bedroom Home for Sale

Tyson Properties Helderberg proudly presents this Dual Mandate situated in the heart of Somerset West.

This property in Somerset West offers a versatile opportunity for various buyers. Currently operating as a 4-star 8 bedroomed guest house, it features a substantial 4600m² erf that can be subdivided or sectionally titled, making it ideal for developers or investors interested in Airbnb.

The double-story home includes:
• Main Unit: Located on the top floor with a private entrance, it features an open-plan lounge with a built-in fireplace, kitchenette, two bedrooms, a large walk-in closet, and a full bathroom with modern amenities. A spacious balcony with a jacuzzi provides stunning views of the garden.
• Self-Contained Unit: A separate 2-bedroom unit with its own lounge, kitchen, and en-suite bathrooms.
• Mezzanine Floor: Contains three additional units that can serve as a family space or individual rooms all with their own bathrooms.

In addition to its various living units and spacious garden, the property features a large sauna located at the end of the garden. This adds a luxurious touch and enhances the appeal for both family living and potential guests, making it an attractive feature for those interested in wellness and relaxation.

This property is well-suited for large families or investors looking to capitalize on the growing Airbnb market in the region. Investors can operate the current guest house while taking the time to subdivide the property. This allows for the construction of modern homes, providing an excellent opportunity to generate additional income. The property's size and current use as a guest house create a unique balance of immediate cash flow and long-term investment potential in Somerset West, making it a strategic choice for savvy investors.

Features

8
7.5
2
Pets Allowed
Yes
Interior
Bedrooms
8
Bathrooms
7.5
Kitchens
1
Reception Rooms
3
Studies
1
Exterior
Garages
2
Carports / Parkings
4
Security
Yes
Flatlet
1
Pool
Yes
Sizes
Floor Size
698m²
Land Size
4,609m²
Extras
Air Conditioning Unit • Alarm System • Backup Water • Balcony • Built in Wardrobes • Chlorinator • Cooling Fans • Double Parking • Driveway • Fireplace • Sauna
 
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Disclaimer: While every effort will be made to ensure that the information contained within the Tyson Properties website is accurate and up to date, Tyson Properties 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:

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Expenses

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%
Joint Total Income
Joint Total Expenses
Joint Available Income
 

MONTHLY REPAYMENTS

 

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R
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Monthly Payment

148,233.72

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