Broad interest in Constantia development
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.