MADE FOR LIVING. POSITIONED
FOR GROWTH.
SMART PROPERTY INVESTMENT IN SOMERSET WEST
Designed for modern living and considered investment, Summit & Cove offers a collection of 1- and 2-bedroom
apartments. For those considering property investment in Somerset West, the development offers an attractive
opportunity to own a home or grow a property portfolio.
10.4%
GROSS
YIELD
YIELD
9.2%
GROSS
YIELD
YIELD
8.9%
GROSS
YIELD
YIELD
7.8%
GROSS
YIELD
YIELD
Calculations are based on the from sales price and interest rate at 10%. Rates are estimated and subjected to change. (Prime less 0.75%).
The developer and its associates reserve the right to amend the interior product specification without notice. Floor layout and size to
remain as indicated. Renders are for illustrative purposes only. Furniture and appliances are not included.
TENANT PROFILE
41 – 70
DOMINANT AGE
R153k – R614k
HOUSEHOLD INCOME
1 – 3
HOUSEHOLD SIZE
Somerset West’s household profile suits compact apartment living, with over three quarters of rental households comprising one to three people and the strongest income concentration between R153,801 and R614,400 per year.
TENANT GOOD STANDING RATIO
Somerset West records a 94.21% good-standing ratio, compared with the national average of 85.57%, reflecting strong tenant payment behaviour and lower rental collection risk.
PAYMENT TRENDS
Paid on time: 86.82%
Paid late: 5.05%
Partial payment: 4.27%
Did not pay: 2.47%
Grace period: 1.39%
Secure Your Unit Today
WE MAKE IT EASY TO INVEST
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Select your preferred unit type
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Pay R10 000 Deposit to secure the unit (You will be required to sign the Agreement of Sale thereafter)
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Our mortgage team will assist with bond finance
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Watch your asset appreciate while waiting for transfer - scheduled for 2027
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Stay informed through our Buyers Update or follow us on social media
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