Weekend Argus (Saturday Edition)
Baronetcy Estate gives new meaning to high society
THREE homes are now completed and construction of a further 11 is well under way in the final phase of Baronetcy Estate, in Plattekloof.
Many more homes are scheduled for building to commence this year, according to Pierre Nel and Andre Leask, Plattekloof area principals for Pam Golding Properties.
“Selling quickly by word of mouth, plots in the final phase nine have been snapped up by affluent buyers – mainly businesspeople,” says Nel.
“Of the 81 plots marketed by Pam Golding Properties, only five are still available, although a few of these are reserved. Prices of available plots range from R3.1 million to R3.975m including VAT for erven just under 1 000m to 1 252m2.”
The site of this final phase was formerly outside the estate, requiring relocation of the fencing, installation of services and a new road to enable it to be linked and positioned within the estate, all of which was completed in December 2015.
Phase nine of Baronetcy Estate is high on top of the Tygerberg Hills, with plots backing onto the 300ha nature reserve so height restrictions for this phase exceed the current 7.5m, allowing properties to extend up to 11m with triplestorey modern living space.
Says Nel: “In our view, this mountain strip of luxurious properties will comprise some of the world’s most modern architectural masterpieces. With the introduction of the new South African National Standard XA regulations, which aim to regulate energy use and encourage the energy efficiency of buildings, coupled with the yearly increase in building costs and the expensive prices of land, these prop- erties are not cheaply built, and home owners are investing considerable amounts in truly building their dream homes.
“New home owners are building to stay, and some existing home owners are selling to invest in other plots here. However the common denominator is once people move in, they don’t want to leave the estate.”
The first phase in Baronetcy Estate was launched in 2004, on land that was formerly part of the De Grendel Wine Estate, which remains its immediate neighbour.
“We have noted a general increase in demand for properties in Plattekloof 1, 2 and 3, which includes many buyers from the Atlantic seaboard, Western Seaboard and southern suburbs,” says Nel.
“As most Baronetcy homes are bigger than 500m they are already designed to the specifications of the XA regulation.”