Sunday Times

More five-star facilities for De Plattekloo­f

-

Launched in May 2017, sales at the elite De Plattekloo­f Lifestyle Estate in upmarket Plattekloo­f in the northern suburbs of Cape Town, have now exceeded the R350m mark. De Plattekloo­f offers a five-star lifestyle for the over-50s, and received the Residentia­l Developmen­t South Africa 2018-2019 accolade at the African Property Awards.

Another facility that will soon be available at the estate is a luxurious heated indoor therapy pool set in a recreation­al “spa-like” environmen­t with steam and treatment rooms. On the cards for completion later this year, it will be focused on keeping residents fit and healthy, while also offering specialise­d year-round treatments in and out of the pool.

Says Johan Laubscher of developers Arun Holdings, “This facility is yet another offering at De Plattekloo­f Lifestyle Estate, which puts it in a league of its own.” The estate features elevated views of Table Bay, Table Mountain and Robben Island, and is in close proximity to the city and the Panorama Mediclinic. It also has its own on-site healthcare facility run by Medwell SA.

Other lifestyle amenities include a health and fitness centre, a ladies’ bar and gentlemen’s lounge, library, hairdresse­r, dining room and coffee bar.

There will also be various “active” and “pause” areas, that will include a central park where residents can enjoy a bowling green or simply relax and take in the views and peaceful gardens.

Return on investment

The appeal of the estate for owners and investors is reflected in the sales as investors know they will realise good capital returns, Laubscher says.

Looking at the five-year growth rate in Plattekloo­f, the figures show that in 2014 the average house price was R2,65m, while last year it was R3,85m – a capital growth of R1,2m or 45.28% over the five-year period, or an average of 9.06% per year.

De Plattekloo­f has attractive options available at accessible price points – an assisted living apartment may be bought for R1,367m, while an entry-level independen­t living apartment is priced at R1,586m. Independen­t living homes are available from R4,995m, and the Penthouse collection from R5,347m. No transfer duty is payable and properties are sold with full ownership.

Virtual tours of show units of all of the property categories at De Plattekloo­f are available to view on deplattekl­oof. co.za/virtual-tours or contact

Dawid Prinsloo on 060 960 0100 or live@deplattekl­oof.co.za.

 ??  ??

Newspapers in English

Newspapers from South Africa