Two- & three-bedroom modern apartments from R1 119 900
[*BOND AND TRANSFER FEES INCL - 100% BONDS AVAILABLE]
Acorn Creek Lifestyle Estate is situated in Somerset West in the rapidly expanding, beautiful Helderberg basin. The 2- or 3-bedroom luxury apartments have built-in cupboards and either 1 or 2 bathrooms. The estate is only 35km from Cape Town CBD and 25km from the airport.
Acorn Creek Lifestyle Estate is structured to promote a nurturing domestic environment and enhance living experiences. All the apartments have been carefully designed to create more room for family life, while common areas such as streets, squares and urban spaces have been thoughtfully laid out.
Invest in Acorn Creek
R1 119 900
- NO RESERVATION DESPOSIT
- All bond and transfer fees included*
- 100% bond financing available
- R53 000 Rental Assist to investors
ADDED BONUS: Receive the IGrow Wealth Plan & IGrow Property Investor Software FREE when purchasing in Acorn Creek Lifestyle Estate.** Reserve your unit today!RESERVE NOW
Rapidly expanding beautiful location
Projected from R9 000 p/m for 1 bedroom apartments
Trendy village surroundings
This contemporary village places emphasis on spatial planning, with urban design inspired by the creek running through the village. As such, it is a key design element of the open garden areas.
It is a place where you can be completely at ease. The surroundings offer beautiful mountain trails, prestigious golf courses, a wide selection of wineries and stunning beaches.
Acorn Creek Lifestyle Estate has a host of features:
Phase 7 comprises 195 apartments conveniently located close to the estate’s entrance. No space is wasted. North-facing orientation ensures the blurring of barriers between indoor and nature as lounge and dining areas open up seamlessly to pergola covered patios and landscaped gardens to create the quintessential multi-seasonal outdoor living room. An entertainers delight or a relaxing getaway, this is a synthesis of many things that come together to form a single entity and make the most of indoor-outdoor living.
Acorn Creek Lifestyle Estate is located in a rapidly expanding node of Somerset West and has a number of prestigious lifestyle estates as its neighbours. The sustained residential demand for the area as a whole has lead to both Checkers and Curro committing to substantial investments in the immediate vicinity.
Acorn Creek's mission is to offer a more exclusive residential opportunity within this rapidly expanding node and offer buyers a safe and tranquil environment with all the convenience of commerce and top education right on their doorstep.
Well-positioned, Somerset West is only 35 kilometres from the bustling City of Cape Town and has easy access to the coastal resort towns of Strand and Gordons Bay, with its long white beaches, and the world famous Boland wine towns and estates of Stellenbosch, Paarl and Wellington.
Further afield, but no less accessible, is the ‘Fruit Route’ of the Elgin Valley with its blanket of undulating hills and fruit orchards and the southern coast ‘whale’ town of Hermanus.
Somerset Mall: 7.3km
CT International Airport: 24.0km
Somerset College: 5km
Stellenbosch University: 20km
De Hoop Primar: 6.5km
Somerset West Golf Course: 7km
Strand Beach: 8.5km
Helderberg Nature Reserve: 12km
Why Invest in Acorn Creek Lifestyle Estate?
As an incredible bonus for investors, when you purchase property in Acorn Creek we will include the IGrow Wealth Plan and the brand new IGrow Property Investor Software - worth R24 990 - ABSOLUTELY FREE.
Book your free consultation with a property investment strategist where we talk more in-depth about how you can achieve financial freedom through investing in property.
Cumulative Rental loss until break-even
Cumulative Rental Profit from break-even to year 20
Gross Yield in year 1
Value 20 Years
Investing in property vs traditional investments
CASE STUDY 1:
An investor buys a type A unit in Protea Village at R799 000 with a 10% deposit of R79 900 and finances the balance with a 90% home loan from a bank over a 20-year period.
The projected capital growth for the area is an average of 8% per annum which in return means that the property will be worth approximately R3 724 105 in 20 years time. During that 20-year period, the rental income received will have paid off the bond, and the investor will have pocketed an additional R1 319 692 over and above the growth in the value of the property. This means that the investor sees a return of R5 043 797 after investing only R79 900.
COMPARE THIS TO:
CASE STUDY 2:The investor placed R79 900 in a traditional investment, such as a unit trust or retirement annuity, at 8% per annum. After the same 20-year period the investor will have only achieved growth on the capital invested, amounting to just R372 410. This means he loses out on a possible R4 650 146!
With only R79 900 as a deposit (which is 10%) on a property in Protea Village, you can achieve returns of up to R3 724 105 over 20 years!
Section 13sex tax benefit:
The investor purchased 5 x Protea Village units at R799 000 each, with a 10% deposit and finances the balance with a 90% bond. Section 13sex of the Income Tax Act now allows the investor to deduct 55% of the purchase price from the taxable income that the properties generate. This means that the taxable income of R6 598 460 (R1 319 692 x 5) is reduced by R2 197 250.
Development Site Layout
Plans & Pricing
Over 21 plans to choose from
Unit size from 68.5m2
Parking - 1 bay per unit
R1 119 900
Unit size from 80.7m2
Parking - 1 bay per unit
R1 309 900
Unit size from 111.8m2
Parking - 1 bay per unit
R1 939 900
Unit size from 133.3m2
Parking - 2 bay per unit
R2 349 900
The semigration trend, which has seen affluent people and middle-income South Africans move to the Western Cape, started around mid-2013. This trend has seen a significant number of homebuyers relocating, further stimulating the property market in the Western Cape.
The average capital growth on sectional title apartments within Buh-Rein Estate currently equates to 13.52% p.a. which accumulates to a total of 67.6% or R1 004 636 over 5 years. (Source: Lightstone.) The Atlantic Seaboard and City Bowl remain the areas where property prices are most inflated which takes these sought-after areas off the table for most first-time homebuyers. There are numerous other areas which are doing exceptionally well in the greater Cape Town area. These properties are more likely to be priced within first-time homebuyers’ budgets. These better-value properties also offer solid returns to investors who buy to rent.
Acorn Creek Lifestyle EstateDisclaimer
IGrow makes no warranties, whether expressed or implied, in regard to the websites, contents, accuracy, financial projections and/ or assumptions nor availability. The User assumes all responsibility and risk for the use of the information and other material provided. IGrow shall not be liable for any loss, injury, damage, cost, penalty or claim resulting from the use of the materials or projections/assumptions, whether direct or indirect. The User indemnifies IGrow and holds it harmless against any and all liability, loss, damage, penalty, cost or claim of whatsoever nature suffered by any third party in relation to any act or omission by the User in relation to the information and the use thereof by the User. *Bond and attorney fees paid by Seller only where appointed attorney attends to registration and transfer. Fees excluding any bank initiation fee, correspondent attorney fees and courier fees if applicable. **The IGrow Wealth Plan and Software offering is not transferrable, and no substitution or cash redemption of vouchers is permitted unless agreed upon between IGrow and Purchaser.
Acorn Creek Lifestyle Estate documents for download
Have a Question? | Contact Us
If you are considering an investment or a lock-up-and go lifestyle opportunity, this development is ideal with the perfect location. Contact us today to assist you acquiring one of these investment units.
- CT: +27 (0)21 979 2501
- PTA: +27 (0)12 943 0201