prime investment overlooking the somerset ......igrow makes no warranties, whether expressed or...

R1 395 000 Selling from

2-BEDROOM APARTMENTS IN A FANTASTIC LOCATIONSomerset West

PRIME INVESTMENT OVERLOOKING THE SOMERSET WEST COUNTRY CLUB

LAUNCH SPECIAL R200 000 DISCOUNT*

I G R O W W E A L T H I N V E S T M E N T S

| Vista Verde - Somerset West2

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.

Trending location with majestic mountain & ocean views

Vista Verde - Somerset West | 3

Amenities

Somerset West Central

Cape Town International Airport

Cape Town CBD

350 m29.9 km46.2 km

Travel

Somerset Golf CourseSomerset Mall

Strand Beach

Lourensford Wine Estate

10 m5.1 km

6 km5.6 km

Recreation

De Hoop Primary School

Hottentots Holland High School

Somerset West Primary School

Stellenbosch University

1.3 km2.4 km750 m

19.2 km

Education

Vergelegen Medi-Clinic

Helderberg Hospital

Pharmacy - Somerset Mall

2.2 km1.8km5.1 km

Medical

Somerset West, Western Cape

Location

BLAAUWBERG

SOMERSET WEST

NORTHERN SUBURBS

HELDERBERG

SOUTHERNSUBURBS

ATLANTICSEABOARD

PENINSULA

CITY BOWL

V&A WATERFRONT

CAPE FLATS


Imagery ©2020 Maxar Technologies, Imagery ©2020 CNES / Airbus, Maxar Technologies, Map data ©2020 AfriGIS (Pty) Ltd 1000 ft

34°04'39.7"S 18°50'33.0"E

STRAND

1

3

5

7

24

6 8

Somerset Golf Course

Somerset Mall

Strand Beach

1

2

3

4

5

6

AmenitiesSomerset West Bowls Club

Vergelegen Medi-Clinic

Helderberg Hospital

Lourensford Wine Estate

Somerset West Primary School

Recreation Tennis Club

Aerial Location

VISTA VERDE

9

7

8

9


Amenities

Stellenbosch University

Vergelegen Medi-Clinic Somerset West Golf Course Lourensford Wine Estate

Strand Beach Somerset Mall


Sectional Schemes

Freehold

Median price (R’000)

Vacant Land

2019

1 380

2 500

1 025

Price comparison Somerset West Developments

Vista Verde

Sitari

Paardevlei

Comparing major other developments, Vista Verde offer the best priced 2 bedroom apartments in Somerset West. The price of the Vista Verde Apartments includes all bond and transfer costs.

Lightstone Report (SA’s major reporting statistics platform) shows why Vista Verde is such a fantastic investment:

R102 000 R1 195 000* 8.54%

Why invest in Vista Verde

PROJECTED YEARLY INCOME APARTMENTS SELLING FROM GROSS ROI UP TO


Gross ROI up to 8.54% R24 000 Rental Assist for Investors!!

Discounts up to R200 000 below market value

8.54%—

R24 000—

R200 000—

Investment Benefits:

Why invest in Vista Verde

24-HOUR MANNED SECURITY

CLUBHOUSE &SWIMMING POOL

ACROSS THE GOLF COURSE

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 Home Loans

Occupation from mid-2021

Prepaid water & electricity meters

Secure complex – 24hr security

One parking bay & garage per apartment

Clubhouse & swimming pool


COMPREHENSIVE END-TO-END RENTAL MANAGEMENT IGROW RENTALS, OUR IN-HOUSE RENTAL MANAGERS

MASSIVE TAX INCENTIVE FOR INVESTORS

Tenant vetting & placement Rental collection

Ingoing & outgoing inspections Maintenance service available

Section 13sex of the Income Tax Act applies where up to 55% of the purchase price can be used as a deduction against the investor's income for tax purposes when purchasing five or more properties. Enjoy 20 years of tax deductions through Section 13sex.

55% deduction through Section

13sex tax rebates

Visit our website for more information on this amazing tax incentive.

www.igrow.co.za

1 2 3 4 5

20years

Tax deduction through Section 13sex tax rebates


Site Development Plan


G R O U N D F L O O R

Floor Plans: Block A


F I R S T F L O O R



S E C O N D F L O O R



T H I R D F L O O R



Unit area including patio-balcony of 3m² 60.06 m2

Rentals from R8 500 p/m

Rental assist R24 000

2 Bedrooms | 1 bathroom | 1 parking bay | garage

R1 395 000

PLAN A

Typical Unit Plan


2 bedrooms and 1 bathroom

60.06m2 apartments, including balcony-patio of 3m2

Private patios and balconies with views across the golf course

Built-in cupboards in bedrooms and kitchen

Prepaid water & electricity meters

One parking bay & garage per apartment

Secure complex – 24hr security

Clubhouse & swimming pool

Features


Contact us for more information:

[email protected] CAPE TOWN: +27 (0)21 979 2501PRETORIA: +27 (0)12 943 0201

VISTA VERDE DISCLAIMERIGrow makes no warranties, whether expressed or implied, in regard to the websites, contents, accuracy, financial projections and/or assumptions nor availability.

The User assumes all responsibility and risk for the use of the information and other material provided. IGrow shall not be liable for any loss, injury, damage, cost, penalty or claim resulting from the use of the materials or projections/assumptions, whether direct or indirect. The User indemnifies IGrow and holds it harmless against any and all liability, loss, damage, penalty, cost or claim of whatsoever nature suffered by any third party in relation to any act or omission by the User in relation to the information

and the use thereof by the User. *Bond and attorney fees paid by Seller only where appointed attorney attends to registration and transfer. Fees excluding any bank initiation fee, correspondent attorney fees and courier fees if applicable.

IGrow is a group of property investment companies which assists property investors to achieve financial independence by building lasting wealth through high-performing property portfolios.

Get in TouchWEALTH INVESTMENTS WEALTH MANAGEMENTHOMELOANS

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prime investment overlooking the somerset ......igrow makes no warranties, whether expressed or...

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