Pearl in the golf­ing crown

Res­i­den­tial sales soar at Pearl Val­ley Golf Es­tates in the Cape Winelands. Michelle Funke finds out more

Business Day - Home Front - - HOMEFRONT -

SET be­neath the Drak­en­stein Moun­tains be­tween Paarl and Fran­schhoek in the Cape Winelands, Pearl Val­ley Golf Es­tates is not only one of South Africa’s top golf cour­ses, but also a pre­mier res­i­den­tial es­tate.

De­signed by the leg­endary golfer Jack Nick­laus, and opened in 2003, Pearl Val­ley Golf Es­tates was var­i­ously named best new golf course of the year in 2005, third best golf course in South Africa by Golf Di­gest in 2011, a five-star ex­pe­ri­ence by Com­pleat Golfer 2011 and best con­di­tioned golf course in West­ern Cape by Golf Di­gest 2012.

With its numer­ous awards, Pearl Val­ley Golf Es­tates con­tin­ues to be one of the most out­stand­ing golf clubs in the coun­try, con­sis­tently at­tract­ing lo­cal, in­ter­na­tional, ama­teur and pro­fes­sional golfers.

Pearl Val­ley Golf Es­tates has seen a spec­tac­u­lar up­turn in the res­i­den­tial prop­erty mar­ket in the last 10 months of last year, with sales achiev­ing a record value of over R100m. Four more prop­er­ties have been sold this month to the value of R19m.

Last year house prices at the es­tate ranged be­tween R3.5m and R15m, with plots sell­ing from R1.5m-R3.1m.

“We have seen a trend of clients with school-age chil­dren look­ing to pur­chase prop­erty at Pearl Val­ley due to var­i­ous fac­tors in­clud­ing high lev­els of se­cu­rity and five-star fa­cil­i­ties along with the prox­im­ity to the winelands and Cape Town. The qual­ity of schools in the area and the es­tate school for tod­dlers are also key rea­sons fam­i­lies choose the es­tate life­style here,” says Pearl Val­ley Golf Es­tates’ prop­erty man­ager, Leigh Robert­son.

Robert­son adds that three of the house sales have been to in­ter­na­tional buy­ers and in­clude some of the Sig­na­ture Se­ries prop­er­ties avail­able di­rectly from the de­vel­oper, which are used pri­mar­ily as hol­i­day homes.

An­other re­veal­ing pat­tern is the num­ber of re-sale prop­er­ties to fam­i­lies re­lo­cat­ing from other ar­eas of the coun­try who de­sire larger, in­vest­ment prop­er­ties at Pearl Val­ley as their chil­dren at- tend lo­cal schools. The bal­ance of sales has been of va­cant stands with all the buy­ers be­ing South African, from ar­eas such as Pre­to­ria, Jo­han­nes­burg, Dur­ban, Dur­banville and Jef­fery’s Bay.

Pearl Val­ley Golf Es­tates of­fer a va­ri­ety of lu­cra­tive real es­tate in­vest­ment op­por­tu­ni­ties, in­clud­ing the pur­chase of va­cant land di­rectly from the de­vel­oper or the pur­chase of an ex­ist­ing home from ei­ther the de­vel­oper or a re­sale. Plot sizes on the es­tate range from 500m² to 2,800m² and are po­si­tioned to cap­i­talise on the nat­u­ral sur­round­ings.

Avail­able di­rectly from the de­vel­oper, the Sig­na­ture Se­ries homes make op­ti­mal use of the plot sizes and ori­en­ta­tion on the es­tate and are com­pleted with fin- ishes of the finest qual­ity.

The newly-re­leased North Bridge Golf Lodges, mean­while, of­fer a lock-up-and-go life­style with two- or three-bed­room apart­ments in the devel­op­ment. Along with en-suite bed­rooms, with their own bal­conies, each unit has an open-plan liv­ing area with a kitchen and a lounge-din­ing room that features a fire­place and opens onto a pa­tio with out­door braai.

Apart from its in­ter­na­tion­al­lyrenowned golf course, fa­cil­i­ties at the Pearl Val­ley Golf Es­tates in­clude a lux­u­ri­ous club­house, spa, ad­vanced well­ness gym, eques­trian cen­tre, na­ture trails and a sta­teof-the-art se­cu­rity sys­tem. Con­tact: Pearl Val­ley Golf Es­tates 021 867 8000

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