Weekend Argus (Saturday Edition)
New village-within-a-village development for Claremont
THE PRESSING demand for residential property in the southern suburbs is increasingly spurring densification in the most sought-after areas, with compact gated developments becoming a trend.
The latest exclusive development is due to launch in Claremont today.
Brendan O’ Brien of Urban Space Property Group says that Hoogeind is a contemporary development consisting of nine freestanding designer homes.
“It has been a 10-year journey to actualise our vision to harness the grace and character of a period home, and blend it with 21st century contemporary homes. At the heart of the development is the original Hoogeind manor house, which will be remodelled into a luxury, modern home while retaining its architectural integrity and Victorian and Edwardian influences,” O’Brien says.
“Architecturally, the eight new homes to be constructed around the original homestead are a blend of traditional familiarity and elegant modernity. They also vary in size, appealing to a cross-section of buyers from families and young professionals to couples downsizing after their children have left home.”
The design of each spacious home incorporates direct access double garages, open plan living areas which open out to private gardens with swimming pools and a choice of three or four en suite bedrooms including sumptuous master suites with walk-in-closets.
Security features include a 24- hour manned gatehouse, analytical cameras, electric fencing around the entire perimeter, and monitored security cameras. Each home is secured with independent alarm systems with external infra-red beams and IntruderPrufe glass in all doors and windows.
Barbara Manning of Lew Geffen Sotheby’s International Realty in Bishops Court and Claremont says the developers have also incorporated eco-sustainability as a key design element. “Each unit has been fitted with several key energy and resource-saving systems, such as efficient water heating systems, dual- flush cisterns, and hardwood floors sourced from sustainable resources. There are contemporary finishes throughout, and buyers have a choice of two colour palettes and all the kitchens are fitted with Smeg stoves with gas tops and extractor hoods.”
Five of the nine units were sold before the launch, and O’Brien says premium homes in exclusive and sought-after areas like Claremont rarely become available for purchase.
“When demand outweighs supply in desirable suburbs, investment almost always yields exceptional returns, irrespective of market conditions with properties in secure estates being especially receptive to capital growth.”
Lew Geffen, chairman of Lew Geffen Sotheby’s International Realty, says: “Claremont is especially attractive to investors as it offers residents some appeal factors that few other areas can match – from a choice of top class retail centres, popular eateries and first rate medical facilities to a variety of outdoor activities and sports facilities, as well as schools and UCT.”
The Hoogeind homes, each named after a Devon town, range in price from R11.745 million to R22.995m including VAT. Construction is due for completion in May 2017 and the development is being jointly marketed by Lew Geffen Sotheby’s International Realty and Greeff Properties.