Coun­try-style city liv­ing

The sub­urb of Wel­ge­moed, about 20km from Cape Town’s city cen­tre, is one of the most pres­ti­gious in the north­ern sub­urbs. Suzanne Frost finds out why

Business Day - Home Front - - HOMEFRONT -

SOUGHT-af­ter for its large plots, spa­cious homes and peace­ful at­mos­phere, Wel­ge­moed is also one of the old­est sub­urbs in the area, with some his­toric build­ings dat­ing back over 300 years.

Wel­ge­moed lies on a hill­side just off the N1 high­way. As a re­sult of its el­e­vated po­si­tion, the area com­mands great views to­wards False Bay. The sub­urb ad­joins the Tyger­berg Na­ture Re­serve, known for its abun­dant birdlife, pris­tine fyn­bos and lovely walk­ing trails. It also lies ad­ja­cent to the pop­u­lar 18hole Bel­lville Golf Course, with its spec­tac­u­lar views of the dis­tant Hot­ten­tots Hol­land moun­tains. These green sur­round­ings cre­ate a sense of a tran­quil sub­urb ly­ing in a leafy bowl, with large es­tab­lished trees lin­ing its streets, and spa­cious, well-es­tab­lished gar­dens sur­round­ing most of its homes.

Pam Gold­ing Prop­er­ties re­ports that there is a peren­nial short­age of stock in the area due to the fact that res­i­dents tend to stay in the sub­urb for many years once they’ve set­tled there. As a re­sult, some buy­ers are now opt­ing to pur­chase older homes just for the plot and po­si­tion, and then de­mol­ish the houses in or­der to com­pletely re­de­velop the site.

Pam Gold­ing Prop­er­ties’ area man­ager for the north­ern sub­urbs, Mau­reen Nel, says deeds of­fice records in­di­cate that fewer than 30 homes changed hands in the en­tire sub­urb last year. “So it is not that sur­pris­ing that buy­ers des­per­ate to get a foothold in Wel­ge­moed are opt­ing for the quite ex­treme route of de­mo­li­tion and com­plete re-build­ing,” she says. “Af­ter all, there is vir­tu­ally no chance of over-cap­i­tal­is­ing due to the de­mand. This process is re­sult­ing in some mag­nif­i­cent new mod­ern homes.”

Knowl­edge Fac­tory’s SAPTG statis­tics in­di­cate 31 prop­er­ties were trans­ferred in the 2008-09 pe­riod for an av­er­age price of ap­prox­i­mately R2,3m, while 32 prop­er­ties changed hands in the 2009-10 pe­riod for an av­er­age price of ap­prox­i­mately R2,32m. The three-year ap­pre­ci­a­tion trend in­di­cates value growth of 5,52%, while the five-year trend shows an 11,96% ap­pre­ci­a­tion.

Nel says mod­ern fam­ily homes with limited views can be ob­tained from around R5m, with prices go­ing up to around the R10m mark for homes on larger plots — some close to 3000m² — or those with spec­tac­u­lar views. Homes near the na­ture re­serve tend to fetch higher prices, and there is also high de­mand for houses bor­der­ing the golf course.

It is still pos­si­ble though to ob­tain prop­erty be­low the R3m mark — largely older homes in need of ma­jor ren­o­va­tion or to­tal re­con­struc­tion. “One can, for ex­am­ple, still ob­tain a 200m² older home on an erf of 1000m2 for R1,9m,“ she says, “or a 400m² home on 1 400m² of land, for R3m.”

Pam Gold­ing Prop­er­ties’ MD for the Boland and Over­berg re­gions, An­nien Borg, says the area boasts am­ple shop­ping, sport­ing and res­tau­rant fa­cil­i­ties, in­clud­ing the huge Tyger Val­ley Shop­ping Cen­tre and its newer neigh­bour, Wil­low­bridge Mall. “It also has sev­eral ex­cel­lent schools,” says Borg, “mak­ing this a pop­u­lar sub­urb for fam­i­lies. And al­though it feels like it lies in its own tran­quil lit­tle val­ley, it is in fact just 20 min­utes’ drive from the cen­tre of Cape Town, or 30 min­utes from Paarl and Stel­len­bosch. For those need­ing to com­mute to work, there is easy ac­cess via the N1 high­way, and the air­port is also close at hand. Yet de­spite this, Wel­ge­moed re­tains a ‘coun­try’ at­mos­phere."

Among Pam Gold­ing Proper- ties’ ex­clu­sive man­dates in the sub­urb is a stylish mod­ern prop­erty. The dou­ble-storey house is po­si­tioned in a shel­tered and very pri­vate lo­ca­tion, of­fer­ing spec­tac­u­lar views to the north over the na­ture re­serve. Fin­ished with the high­est qual­ity traver­tine, mar­ble, Balau and yarra, the home has a so­phis­ti­cated yet re­laxed at­mos­phere, with easy flow from its fam­ily liv­ing ar­eas to the el­e­gant en­ter­tain­ment sec­tion. There is a large sun­deck as well as a braai pa­tio ad­ja­cent to the pool, all over­look­ing the ter­raced grounds be­low, which in­clude a tram­po­line, olive grove and laven­der gar­den. The four bed­rooms in the up­stairs wing in­clude a se­cluded mas­ter suite with its own pa­tio, while ad­di­tional ac­com­mo­da­tion is pro­vided in an en-suite guest flat­let. There are three bath­rooms, four re­cep­tion rooms which in­clude the ex­cel­lent in­te­gra­tion of kitchen-din­ing room-lounge, and three garages.

The home has un­der-floor heat­ing and an alarm sys­tem, while the gar­den is wa­tered by com­put­erised ir­ri­ga­tion. The prop­erty to­tals over 2 500m², and of­fers over 600m² of liv­ing space. This home has been de­signed with an ex­cel­lent indoor/out­door flow from the up­per-level en­trance that opens onto north-fac­ing views over na­ture re­serve to the el­e­gant en­ter­tain­ment area with its heated salt­wa­ter pool and sun­deck. Price: R15m Con­tact: Pam Gold­ing Prop­er­ties Gene van der Berg 082 975 2869 Of­fice 021 913 7670

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