Four Ben­e­fits of Es­tate Liv­ing

Premier Magazine (South AFrica) - - Contents - Text: Maretha Lubbe Im­age ©

The es­tate liv­ing trend is one that is not leav­ing the prop­erty mar­ket any time soon – with new de­vel­op­ments such as West­brook in Port El­iz­a­beth, and ex­ist­ing es­tates ex­pand­ing in pop­u­lar­ity like Wa­ter­fall Coun­try Es­tate in Gaut­eng, the gated com­mu­nity life­style is a pop­u­lar choice.

PRE­MIER goes through four of the main rea­sons why es­tate liv­ing is gain­ing mo­men­tum: Safe as Houses

Se­cu­rity is one of the main sell­ing points when it comes to es­tates – alarms, se­cu­rity gates, and 24-hour on-site se­cu­rity pa­trols can as­sist in peace of mind for home own­ers. At one of the new­est es­tates in Port El­iz­a­beth, West­brook, res­i­dents are pro­tected by perime­ter high se­cu­rity fenc­ing, gate­houses (guarded and equipped with CCTV), bound­ary walls with elec­tric fenc­ing, and 24-hour se­cu­rity guards run­ning pa­trols in­side and around the perime­ter. Each home is also in­stalled with new, high-tech alarm and se­cu­rity sys­tems.

In­vest­ment Op­por­tu­nity

Due to all the ben­e­fits of es­tate liv­ing, the prop­erty value tends to be higher than for tra­di­tional free­stand­ing homes. A good ex­am­ple of this is the Wel­gevon­den

Es­tate in Stel­len­bosch. Their sell­ing prices have reached a record high of 14.9% yearon-year in­crease. This is due to an in­flux of buy­ers from Gaut­eng and Kwazulu-na­tal look­ing for se­cu­rity and a good in­vest­ment pur­chase in the winelands. This means that buy­ing a home in an es­tate might cost a bit more, but that it is a sound in­vest­ment for when you de­cide to sell it one day or just want to have a high-value as­set.

Com­plete Con­ve­nience

Many large es­tates have sports and recre­ational fa­cil­i­ties on the premises. Res­i­dents of Erin­vale in Som­er­set West in the West­ern Cape have ac­cess to a golf course, polo, cro­quet, and a lawn bowls club.

Other es­tates boast with Olympic-sized swim­ming pools, ten­nis courts, as well as fully equipped gyms. Some es­tates, depend­ing on the lo­ca­tion, may even have hik­ing trails or moun­tain bik­ing trails – this is pop­u­lar, es­pe­cially within es­tates in more coun­try-style set­tings such as the Winelands in the West­ern Cape. Hav­ing fa­cil­i­ties such as the ones men­tioned in close prox­im­ity to your home is cer­tainly a ben­e­fit – no need to get in your car and drive to the gym, or pay ex­tra mem­ber­ship fees as your levies at an es­tate tend to not only cover ad­min­is­tra­tive fees, but also the up­keep of all the fa­cil­i­ties on-site.

There are also es­tates that have in­cor­po­rated shops, restau­rants, and schools within their bor­ders for added con­ve­nience. Once ex­am­ple in Gaut­eng is Wa­ter­fall Coun­try Es­tate, where res­i­dents have ac­cess to pri­vate, in­ter­na­tional prepri­mary, pri­mary, and sec­ondary schools, as well as shop­ping cen­tres within the es­tate. In the West­ern Cape, De Zicht Es­tate will be adding a restau­rant and life­style cen­tre to the com­mu­nity.

Tak­ing Na­ture into Ac­count

Many es­tate de­vel­op­ments give im­por­tance to nat­u­ral el­e­ments, such as green spa­ces and other out­door ar­eas. This is per­fect for walk­ing your dogs, play­ing with your chil­dren, and hav­ing pic­nics with your friends. Liv­ing in the es­tate, you have the free­dom of us­ing these spa­ces and en­joy­ing be­ing out­side in na­ture while feel­ing safe and se­cured. One ex­am­ple is West­brook in Port El­iz­a­beth. The 128-hectare piece of land boasts 48 hectares of open space to main­tain the feel of a peace­ful, coun­try set­ting with parks, wide pave­ments, and green spa­ces.

Es­tate de­vel­op­ments do not seem to be slow­ing down as more and more peo­ple are climb­ing on the es­tate liv­ing band­wagon. With all the ben­e­fits as­so­ci­ated with liv­ing in a gated com­mu­nity, it is easy to un­der­stand why so many peo­ple are pack­ing up their tra­di­tional liv­ing ar­range­ment and choos­ing to live in an es­tate.

Due to all the ben­e­fits of es­tate liv­ing, the prop­erty value tends to be higher than for tra­di­tional free­stand­ing homes.

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