Estate Living Magazine Estate Living Issue 29 May | Page 9
After the success of the first three phases, the pace of
construction stepped up considerably, fuelled by a consistently
high level of sales from plan. When completed, Plover’s Rest
will consist of 128 freestanding, double-storey townhouses,
and the now sold out Kingfisher Terrace’s 51 luxury garden
cottages. Stone Pine Place, which looks out onto the Six
hectare stand of eponymous trees will consist of 103 two three
and four-bed family homes ranging in price from R 2 million to
R 4.7 million.
The flagship development, The Lakes, will comprise 58 luxury
homes in carefully selected positions to capitalise on views of
the lake, the mountains and the forest.
All sales are handled in house, and financing is facilitated
through BetterBond. Property sales require a deposit of
R25 000 to reserve your unit and then require the balance
to be secured within 30 days, subject to bond approval or
guarantees. From signing to moving in usually takes about 12
months. There is one overall Master HOA, and each phase also
has its own independent HOA.
When complete, the estate will have 800 residential units of
the various styles, catering to different market sectors. There
are two construction teams – Group Five and Manor Homes.
Water is, of course, a challenge, but both teams bring in their
own water for construction. All plans are done by Schabort
Associates Architects, who have been with the project from
inception.
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