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R11,000,000

29 Silverboom Kloof Road

Monthly Bond Repayment R119,207.78
Calculated over 20 years at 11.75% with no deposit. Change Assumptions

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A once-in-a-lifetime Hollywood Project!!!

Here is an opportunity to breathe new life into a timeless treasure - a diamond in the rough waiting to be polished into a Hollywood-worthy masterpiece.

This unique property holds within its walls the potential for opulence and grandeur that only imagination and flair can bring to life. The potential for architectural innovation that holds no bounds.

Originally a guesthouse in Somerset West’s most coveted area of Spanish Farm, this property is poised to become the crown jewel of the community, whether project managing it back to a splendid guesthouse or a luxury Hollywood mansion.

It sits majestically on an elevated perch, offering breathtaking views that stretch from the rolling mountains to the endless expanse of the sea. The unparalleled panoramic views are not only a treat for the eyes but also a source of inspiration for the visionary buyer who seeks to craft it in a form that exudes both grandeur and tranquillity.

This house is not just a property; it's a canvas of dreams waiting to be brushed with creativity stretched over 4 floors consisting of:
· 7 bedrooms
· 3 lounges
· Unparalleled views
· 3 garages
· Koi pond
· Entertainment deck
· Separate study
· Space for a potential lift
· (options at reconfiguring are endless)

Embrace the challenge to breathe new life into its walls and create a residence that captures the imagination, a testament to unique vision and flair. The stage is set, to realize a most extravagant dream.

This is more than a project; it's an opportunity to create an icon.

A Seeff Luxury Sole & Exclusive Mandate

Please note:
This is not a typical family home - considerable refurbishment/remodelling is necessary.

A full professional valuation is available to qualified buyers (valued in current form at R15.8M).

It is advisable to engage with an interior designer or architect to explore the project possibilities.

Features

7
7
3
Pets Allowed
Yes
Interior
Bedrooms
7
Bathrooms
7
Kitchens
1
Reception Rooms
4
Studies
1
Exterior
Garages
3
Carports / Parkings
3
Security
Yes
Pool
Yes
Sizes
Floor Size
740m²
Land Size
2,354m²
Extras
Entrance Hall • Fireplace • Air Conditioner • Laundry • Scullery • Pantry • Storeroom • Guest Toilet • Patio • Balcony

Spanish Farm, Somerset West

The beautiful Somerset West area is located within the Western Cape province of South Africa. Somerset West is only a 40-minute drive from Cape Town and is in the heart of the Winelands. The area has become highly popular among global investors and vacationers alike, primarily because of its serene rural lifestyle, secure swimming beaches, and abundant opportunities for various sports and recreational activities....
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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

R
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Monthly Payment

119,207.78

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