Property description

Prime development for sale in the sought-after Pinehurst Estate, Somerset West.

Introducing The Hepburn – a rare chance to secure a high-yield investment with long-term growth potential in a secure, well-established neighbourhood. 

The Hepburn presents a lucrative investment opportunity in the soughtafter suburb of Somerset West, within the secure Pinehurst Estate. With 42 modern residential units, high rental demand, and potential for mixed-use adaptation, this development offers strong rental yields and long-term capital growth.

• Location: Alpine Crescent, Pinehurst Estate, Somerset West

• ERF Size: 3,311m²

• Zoning: GB4 (General Business 4)

• Selling Price: R5 million (Excl. VAT)

• Total Units: 42 (1- & 2-bedroom apartments)

• Total Parking Bays: 66

Strategically located near Vergelegen Plein Shopping Centre as well as the Hope and Light School currently providing Pre-primary, Primary and High school , The Hepburn offers both investor appeal and tenant demand. Strong returns. Break-even in ±13 years. 

Summary of the Planned Development – The Hepburn

Total Units and Breakdown

• The development consists of 42 residential units across three floors:

o Ground Floor: 14 units (101–114)

o First Floor: 14 units (201–214)

o Second Floor: 14 units (301–314)

Unit Sizes

• The unit types vary in size, with the following approximate dimensions:

o 1-Bedroom Units: 40–49m²

o 2-Bedroom Units: 57–64m²

o Some ground-floor units include gardens ranging from 7m² to 41m².

o Balcony sizes for first- and second-floor units are 3–8m².

Floor Usage

• Ground Floor:

o 14 residential units

o Includes gardens and terraces for certain units

o Features a guard house and refuse room

• First Floor:

o 14 residential units

o Units with balconies or stoeps

• Second Floor:

o 14 residential units

o Similar to the first floor with balcony units

Parking Allocation

• There are 66 parking bays, numbered P1–P66.

• Parking appears to be ground-level with ramped access.

• Some bays may be allocated per unit, while others could be visitor or shared spaces.

Contact us today for a detailed prospectus and financial breakdown.

Location: Alpine Crescent, Pinehurst Estate, Somerset West