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Somerset Country Estate, Somerset West
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About Somerset Country Estate
Set in part of the greater residential estate of Heritage Park, Somerset Country Estate occupies a prime position to take advantage of the unsurpassed views of the mountains. Enveloped by the majestic Hottentots Holland mountain range and close to the beautiful Indian Ocean and False Bay beaches, this development is perfectly located to benefit from its beautiful surrounds. Situated in the well-known Helderberg region, the complex is also close to Somerset Business Park, private schools, a medical clinic, shopping centres and golf courses.
These residential homes will be completed towards to end of 2007 and should attract both the owner occupier and investor. The developer has included a rental assistance package where R5,000 a month is paid over to the owner for the first 12 months. The owner occupier could use the rebate towards furnishing their fantastic new home and the investor can use the money towards supplementing bond repayments.
These fantastic homes boast the following enviable features:
- Stand alone houses, with spacious 500m2 gardens
- Within a secure gated community
- Communal facilities including a braai area, pool & clubhouse
- 20 minutes from Cape Town International Airport
- Easy access to the N2
- DSTV Enabled
- Superior finishes including granite kitchen counter tops
Asrin, the developers, were established in 1993 and is a progressive residential development company. Since inception, their impeccable standards of quality and service have played a vital role in their rapid growth to become one of the Western Cape’s foremost property developers. As they say, “Our success can be attributed largely to our integrity and our care and commitment to each individual project.
The completed multi-million rand shopping centre which is serving the burgeoning Somerset West is set to further boost demand for residential property.
David Miller, owner of the local Homenet estate agency, says the Waterstone Village shopping complex, completed in August at a cost of R70-million, is an indication of the rapid growth of the residential market and related commercial demand in the town.
"Increased pressure on available stock has seen residential prices escalating and especially land prices going crazy. In some upmarket areas such as in the Bel Air security estate, the cheapest stand now costs R1-million, while prices for 800sqm stands average R1,5-million. Houses in this Tuscan development sell from R3-million upward," he says.
He also says international buyers still find Somerset West attractive. "Around 40 percent of our buyers are from overseas, notably Germany and Ireland. We expect that commercial developments such as Waterstone Village, which will bring the convenience of upmarket shopping to residents' doorsteps, will not only stimulate further local demand, but will also benefit the market for international buyers."
Maps
(requires Google Earth - download here)
Artists Impressions
Floor Plans
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