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R56,500,000

Monthly Bond Repayment R602,532.74
Calculated over 20 years at 11.5% with no deposit. Change Assumptions

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PRIME PROPERTY - THE LAST UNDEVELOPED PROPERTY IN SOMERSET WEST

Sweeping ocean vistas are framed, captured and capitalised at Topcliffe, as are the verdant stretches of forest and undulating valleys beyond.

The Topcliffe opportunity consists of a 53.9-hectare terrain comprising three main sections:

The Retreat (original Homestead): Luxury Hotel, Clubhouse and Spa (2.9 hectares)

The Gentleman's Estate: Six Luxury Secluded VVIP Villas within a Gated Community (11 hectares)

The Mountain Sanctuary: The Lookout Restaurant, eight luxury Mountain Chalets and Mountain Spa (40 hectares) as satellite accommodation to the hotel clubhouse

The original homestead could be redesigned into a modern Lifestyle Retreat including a Clubhouse, Hotel, Swimming Pool and Spa subject to consent within existing rights. Full development permission exists for 6 secluded luxury VVIP villas on the Gentleman's Estate within a gated community. The property also boasts its own abundant mountain spring and contains three boreholes.

It is no secret that more locals and foreigners are calling Somerset West their home. The Helderberg regions' unmatched lifestyle, picturesque surroundings and easy access to the wine lands, shopping, beaches and the airport make this home to some of the worlds most exquisite real estate.

The landscape architect for the entire property is Keith Kirsten, South Africa's premier landscape architect and international celebrity in his field. Keith referred to Topcliffe as one of the best locations he had the privilege of discovering.

A model of freedom of expression, a rebellion against all that is bland and unimaginative, it is the only way to leave the world behind and arrive at a place you should have been all along.

 
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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

602,532.74

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