Lux­ury liv­ing … to a tee

Golf es­tates that al­low res­i­dents to work in the city and live in the coun­try re­main a prime choice for res­i­den­tial buy­ers, writes Michelle Funke

Business Day - Home Front - - HOME FRONT -

WHILE golf­ing is of­ten a strong mo­ti­va­tor for those who in­vest in golf es­tate homes, th­ese es­tates are about much more than just golf — es­pe­cially es­tates sit­u­ated near ma­jor com­mer­cial cen­tres that pro­vide the op­por­tu­nity to live in a coun­try­like en­vi­ron­ment away from the hus­tle and bus­tle of big city life, yet within easy reach of ma­jor busi­ness and com­mer­cial cen­tres, top schools and ter­tiary in­sti­tu­tions and med­i­cal fa­cil­i­ties.

This is ac­cord­ing to Se­eff Cen­tu­rion MD, Steve van Wyk, who notes that an es­tate such as the Blue Val­ley Golf Es­tate on the fringes of Cen­tu­rion of­fers large ex­panses of green­ery and in­dige­nous gar­dens, a river and lakes in­ter­spersed with walk­ing/jog­ging and cycling trails, along with a Gary Player golf course with a driv­ing range and pro-shop.

“Res­i­dents also en­joy shared fa­cil­i­ties such as a club­house with a spa, well­ness cen­tre and gym- na­sium along with ten­nis and squash courts and a con­ve­nience store on the es­tate,” says agent Tu­ula Lay­cock. Ad­di­tion­ally, there is a restau­rant along with board­room and con­fer­enc­ing/ban­quet­ing fa­cil­i­ties for 250 peo­ple.

One of the key mo­ti­va­tors for pur­chases within th­ese es­tates, adds van Wyk, is the top class se­cu­rity and safe life­style that res­i­dents en­joy. The es­tates are gen­er­ally en­closed with elec­tri­fied perime­ter fenc­ing, have con­trolled ac­cess points and guards that patrol the es­tate 24/7.

Nat­u­rally, this life­style comes at a pre­mium, but one that buy­ers are pre­pared to pay for given the qual­ity real es­tate and se­cure life­style on of­fer.

The Blue Val­ley Golf Es­tate is con­ve­niently lo­cated mid­way be­tween Jo­han­nes­burg and Pre­to­ria and of­fers about 300ha pop­u­lated with 1,500 free­hold plots that range in size from 500m2 to 1,200m2. There are strict build­ing guide­lines so buy­ers are as­sured of in­vest­ing in qual­ity real es­tate that will not only re­tain its value, but will de­liver cap­i­tal growth as the es­tate ma­tures.

Plot prices range from R550,000 for a small stand up to R1.35m for a stand against the fair­way. House prices vary Price: R3.6m Con­tact: Se­eff Properties Tu­ula Lay­cock 082 859 7819 Of­fice: 012 661 0261 de­pend­ing on the lo­ca­tion as well as what is on of­fer, says Lay­cock. Buy­ers can ex­pect to pay up­wards of R3.6m for a 410m2 home on an 810m2 plot. A good ex­am­ple would be this dou­ble-storey home which of­fers a Provençal-in­spired life­style, un­usual stone-clad walls, dou­ble-vaulted ceil­ings with ex­posed beams and stun­ning views. It has been de­signed with three bed­rooms and a study/ fourth bed­room and lux­u­ri­ous fea­tures such as an im­ported Nor­we­gian fire­place in the lounge, a Ger­man kitchen, un­der­floor heat­ing, chan­de­liers and fea­ture light­ing and an en­ter­tain­ment ter­race and swim­ming pool.

Se­eff also has on its books a triple-storey Tus­can-style home with arches, col­umns and shut­ters and more than 700m2 in floor space, for R6.5m. Sit-out bal­conies on all three lev­els of­fer great views while the cov­ered out­door en­ter­tain­ment ter­race over­looks the swim­ming pool and gar­den. There are two lounges with fire­places, a cin­ema room, en­ter­tain­ment room, study, wine cel­lar and gym­na­sium. The home has four bed­rooms that in­cludes a main suite with a liv­ing area, dress­ing room and lux­u­ri­ous bath­room with dou­ble van­ity basins and a free­stand­ing oval bath. Ad­di­tional fea­tures in­clude air-conditioning, un­der­floor heat­ing and a home au­to­ma­tion sys­tem, in­clud­ing a built-in vac­uum fa­cil­ity, along with staff ac­com­mo­da­tion and garag­ing.

While few properties have changed hands here since the launch of the es­tate about 10 years ago, Van Wyk says that com­plete homes sold by Se­eff have shown an aver­age cap­i­tal value growth of 38.4% in the past five years with the aver­age price now at R4.083m, up from R2.95m in 2007. Statis­tics sourced from Light­stone show there have been 18 sales within the es­tate to date this year. The aver­age val­u­a­tion for prop­erty here, ac­cord­ing to Light­stone data, is R3,236,739.

A view of the Blue Val­ley Golf Es­tate in Cen­tu­rion.

This R3.6m home of­fers a coun­try life­style with lux­u­ri­ous liv­ing spa­ces and im­ported fin­ishes such as a Nor­we­gian fire­place and Ger­man kitchen, along with un­der­floor heat­ing and pool.

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