3
Beds
2
Baths
2
Parking
215 m²
Floor area
About this property
Overview
Positioned in the heart of the highly sought-after Plover Nest precinct within Somerset Lakes Estate, this full-title, freestanding duplex presents an exceptional opportunity for both investors and homeowners alike.
The Home
This charming three-bedroom, two-bathroom home has been thoughtfully designed to balance modern convenience with comfortable family living. The open-plan lounge and dining area flows seamlessly into the kitchen, creating a welcoming and functional living space.
The kitchen features an electric hob, extractor fan and cleverly concealed cabinetry that accommodates two front-loading appliances, maintaining a clean, streamlined aesthetic.
All three bedrooms are located upstairs, making this a practical and family-friendly layout.
Outdoor Living
Sliding doors open onto a covered patio that overlooks a well-sized, pet-friendly garden, ideal for children, pets or entertaining guests. There is excellent future potential to enhance this space further, with the option to cover the patio or add a built-in braai, subject to HOA approval.
Parking & Location
Parking is well catered for with a single garage as well as an additional covered parking bay. The home is centrally positioned within the Plover Nest precinct, offering privacy and a peaceful estate setting.
Investment Opportunity
From an investment perspective, this property is a standout opportunity, with a reliable tenant already in place, providing strong rental returns and immediate income—ideal for buyers looking for a secure, low-maintenance investment within a high-demand estate.
Somerset Lakes Estate
Somerset Lakes Estate is renowned for its lifestyle offering, including:
- Lake for non-motorised watersports
- Scenic walking and running trails
- Outdoor fitness facilities
- Secure, family-oriented living
The estate is conveniently located close to shopping centres, medical facilities, top schools, and popular restaurants, ensuring excellent tenant and owner appeal.
Rooms & layout
Features & amenities
Price & ownership
Cost to buy (indicative)
Purchase type is not confirmed below. Transfer duty is estimated for a standard resale (not a VAT-inclusive developer or vendor sale). Check with the agent.
Upfront split
Rough split: 95.0% purchase price, 5.0% buying costs.
- Asking price R 2 900 000
- Transfer duty (est.) R 99 200
- Deeds Office (transfer) R 2 520
- Conveyancing (est., incl. VAT) R 49 865
- Deeds lodgement R 52
- Total indicative R 3 051 637
Estimates from SARS transfer duty tables, Deeds Office–style fees, and LSSA conveyancing guidelines. Not financial or legal advice. Confirm with your attorney. Duty uses the higher of price or market value.
Table ref: sars_2025-04-01
Bond Calculator
Total paid over 20 years (deposit + repayments): R 6 862 540
Monthly repayment vs interest rate (deposit fixed at 10%)
Monthly repayment vs deposit percentage (rate fixed at 11.25%)
Indicative estimate only. Loan of R 2 610 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.
R 2 900 000