Broad in­ter­est in Con­stan­tia de­vel­op­ment

Weekend Argus (Saturday Edition) - - PROPERTY -

THERE HAS been strong in­ter­est in the bou­tique se­cu­rity de­vel­op­ment on Spaar man Road, Con­stan­tia, which was launched in late April.

Pam Gold­ing Prop­er­ties says two of the five com­pleted prop­er­ties have been let to long-term ten­ants, and the re­main­ing three have been sold. PGP re­cently sold the last avail­able unit for R10.7 mil­lion.

“There is de­mand for se­cu­rity de­vel­op­ments con­sist­ing of masterbuilt, sub­stan­tial, free­stand­ing fam­ily homes in Up­per Con­stan­tia,” says PGP’s Howard Markham.

“This de­vel­op­ment has sold well, and there has been sim­i­lar in­ter­est in an­other small, top-end project by the same de­vel­oper, Mike Fen­ner Solomon, a lit­tle far­ther down the road, on the cor­ner of Spaar­man a n d B r o m m a e r t a v e n u e s . We re­cently sold one of the three homes for R11.2m, a sec­ond is rented out and a third is still avail­able for sale at R13.5m.

“Clearly buy­ers recog­nise this as one of the most sought-af­ter parts of Con­stan­tia, in the heart of the Alphen es­tate, and are at­tracted by the high lev­els of se­cu­rity. Mul­ti­ple lay­ers such as in­di­vid­ual alarm sys­tems, elec­tronic beams and au­to­matic gates, plus ex­te­rior sys­tems in­clud­ing elec­tri­fied perime­ter fenc­ing and guard houses, mean they can en­joy th­ese tran­quil sur­round­ings with peace of mind.”

State-of-the-art se­cu­rity is also a fea­ture of a new free-stand­ing Con­stan­tia home, which is for sale through Pam Gold­ing Prop­er­ties at R15.9m. The four-bed­room house on a 4 300m2 erf in a quiet cul de sac has moun­tain views.

SAFETY: The small se­cu­rity de­vel­op­ment in Con­stan­tia where Pam Gold­ing Prop­er­ties is sell­ing the last avail­able home at R13.5 mil­lion.

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