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: 95.2% purchase price, 4.8% buying costs.
- Asking price R 2 800 000
- Transfer duty (est.) R 91 200
- Deeds Office (transfer) R 2 433
- Conveyancing (est., incl. VAT) R 48 605
- Deeds lodgement R 52
- Total indicative R 2 942 290
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 6 625 900
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 2 520 000 over 20 years at 11.25%. Speak to a bond originator for a formal quote.