Estate homes are a great investment
CAPITAL growth in secure estates has been far higher than for ordinary homes with less emphasis on security, says Mark Upton of Upton Properties, sole agent for The Highwick, a new Claremont development.
“Recent research shows that secure estates are good investments.”
The Highwick will consist of six modern north-facing homes priced from R5.55 million, with private access to the Douglas Murray playing field, which itself has direct access to Herschel Girls’ School.
“The Highwick is one of only a handful of developments in the southern suburbs that has a 24-hour manned guard house and CCTV,” says Upton.
Features include balconies and under-cover terraces, ample parking, solar geysers, under-floor heating, high ceilings, en-suite bathrooms throughout, hardwood floors, secure play areas for children, large green spaces, panoramic views, proximity to shops and schools, gyms and the Newlands sports stadiums.
The Highwick is the latest development by Urban Space, founded by Brendan O’Brien and Paul Greenwood.
Other Claremont developments by Urban Space include Cross Trees Terrace, Mont Clair Terrace and The Con- stance. After last weekend’s launch, one house has already been sold and negotiations are in progress on two more homes, says Upton.
“Building is due to start in February 2010 and owners can expect to move in from 10 to 12 months after that, depending on winter rains,” says Upton.
Call Mark Upton on 021 683 0008, e-mail i n f o @ u p t o n . c o. z a , o r v i s i t www.upton.co.za.