Value and safety in the south penin­sula en­hances life­style

Weekend Argus (Saturday Edition) - - PROPERTY -

THE SOUTH penin­sula prop­erty mar­ket is of­fer­ing ex­cel­lent value for money as well as qual­ity of life. Added to this, the in­de­pen­dent neigh­bour­hood watches t hrough­out sub­urbs like Fish Hoek, Kom­metjie, Glen­cairn and Scarborough make the south penin­sula that much more ap­peal­ing.

“In­de­pen­dent com­mu­nity watches present in th­ese ar­eas are fill­ing the gap left by un­der­staffed po­lice sta­tions.

“Mem­ber­ship o f t h e s e watches is vol­un­tary, with res­i­dents be­long­ing to the teams and neigh­bours watch­ing out for each other,” says Harold Kol­nik, of Jawitz Properties False Bay.

“Th­ese watches put up cam­eras at their own ex­pense, are in­volved in prose­cut­ing crim­i­nals and are self­less in giv­ing up time to pro­tect their com­mu­ni­ties. They have brought op­por­tunis­tic and petty crime down by 80 to 90 per­cent.”

In ad­di­tion to the bol­stered safety in the south penin­sula s uburbs, homes are more af­ford­able than in many other Cape Town sub­urbs.

Buy­ers from all around South Africa, and in par­tic­u­lar from Gaut­eng and KwaZu­luNatal, are mi­grat­ing to the south penin­sula for a bet­ter, safer qual­ity of life, and buy­ers of hol­i­day homes from other Cape Town sub­urbs like Con­stan­tia and Bish­op­scourt are find­ing value in the south, too, says Kol­nik.

“Kom­metjie and No­ord­hoek are pop­u­lar sub­urbs of­fer­ing an eques­trian life­style, close to the sea. Misty Cliffs’ prices have de­creased and buy­ers can now se­cure a prop­erty for R5 mil­lion, when pre­vi­ously just a plot in Misty Cliffs was priced at R6m.”

Fish Hoek, the sub­urb with the most in­de­pen­dent com­mu­nity watches, of­fers the most value, with the aver­age sell­ing prices be­tween R850 000 and R1.4m.

Sec­tional ti­tle properties are scarce in Fish Hoek but when they do be­come avail­able and are priced cor­rectly, they sell fast, par­tic­u­larly to en­try-level buy­ers.

“With the steady de­mand and the good value th­ese sub­urbs of­fer, the buy­ers of th­ese properties should ex­pe­ri­ence a steady growth in their in­vest­ment as de­mand con­tin­ues to out­strip sup­ply,” says Fran­cois Venter, di­rec­tor of Jawitz Properties.

Fish Hoek’s more pop­u­lar sub­sec­tions in­clude the moun­tain­side, where free­hold properties can cost from R1.5m. Peers Hill homes are priced from R1.2m to R1.3m, and properties in Silverglades and Sun Val­ley are priced at around R1m.

“Young fam­i­lies and re­tired peo­ple are at­tracted to Fish Hoek as it of­fers a safe, af­ford­able lo­ca­tion for a coastal life­style, with nearby fa­cil­i­ties such as schools, a hos­pi­tal and many shops,” says Kol­nik.

Ou Kaapse Weg, Boyes Drive, Main Road and Chap­man’s Peak Drive of­fer ac­cess out of the val­ley.

“Once the Main Road road­works are com­plete, res­i­dents will find it even eas­ier to get in and around the south penin­sula,” Kol­nik says.

Newspapers in English

Newspapers from South Africa

© PressReader. All rights reserved.