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R31,500,000

1027 Pantanal Boulevard

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Monthly Levy
R6,535 Excl. VAT
Monthly Rates
R11,500 Excl. VAT

Commercial Residential Development Opportunity

Welcome to Sitari Country Estate – Your Gateway to Luxurious Living.

Nestled in the heart of the Western Cape, Sitari Country Estate offers an unparalleled living experience within a 182-hectare residential security estate. As the largest estate of its kind in the region, Sitari is nearing 60% completion and will eventually house over 4,100 properties, making it a thriving community for families, professionals, and retirees alike.
Prime Location and Essential Amenities. This property is located on the eastern border of Sitari Country Estate and is in close proximity to essential amenities such as the Sitari Shopping Centre, Curro Schools, and the Evergreen Lifestyle retirement complex. This prime location ensures that residents have easy access to shopping, education, and healthcare facilities, enhancing their quality of life.

Robust Demand and Investment Opportunities.

The demand for apartments within Sitari Country Estate is robust, driven by both ownership investment and income potential. With current rental incomes averaging R15,500 and sales prices ranging from R1.7 million to R2.6 million, investing in Sitari promises lucrative returns. Each of the proposed 90 apartments will include two parking bays, along with additional visitor parking bays, ensuring convenience for residents and their guests.

Architectural Excellence and Community Living

This property is fully zoned for development, subject to Estate Building Controls and Architectural guidelines. The estate already boasts thirteeen similar apartment blocks that are fully completed and occupied, showcasing the architectural excellence and community living that Sitari offers. The estate's design prioritizes security, aesthetics, and functionality, creating a harmonious living environment for all residents.

Act Now – Limited Time Opportunity.

The sale of this property is subject to a short timeline for development. Should this timeline not be met, self-development by owner developers will be undertaken. This is a unique opportunity to be part of a prestigious estate that promises a high standard of living and excellent investment potential. Experience the epitome of luxurious living at Sitari Country Estate. Invest in your future today! Further Information is available for serious development inquiries.

Features

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Zoning:
Commercial
Exterior
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No
Sizes
Land Size
11,278m²

Croydon, Somerset West

Somerset West is a picturesque town located in the Western Cape province of South Africa. It is situated in the Helderberg region, surrounded by the Hottentots Holland Mountains and the Indian Ocean. The town is known for its beautiful views, mild climate, and friendly community. The town is a popular destination for retirees and families, offering a relaxed and peaceful lifestyle. There are many recreational...
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Postage and Petties:
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Deeds Office Search
Electronic Document Preparation
Vat @ 15%
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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%
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GRAND TOTAL:

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MONTHLY REPAYMENTS

 

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Monthly Payment

429,466.84

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