Estate Living Magazine New Beginnings - Issue 37 January 2019 | Page 19

P R O P E R T Y & Lakeside or Constantia. To be close to the best schools, to be in this location, there is really nothing else like it.’ Extra advantages, he says, include being close to the Winelands, with Kirstenbosch up the road, and spectacular views of Table Mountain. Lesley Payne of Lew Geffen Sotheby’s says that, while homes are taking longer to sell all around the Cape, with the Southern Suburbs being no exception, she agrees that Rondebosch remains popular. ‘This is thanks to the excellent schools, proximity to UCT, the freeway and convenient malls close by, including Riverside Mall on Main Road as well as Cavendish Square.’ Morgan believes the time to take advantage of property prices is now, especially in ‘high-end products’ such as this one. ‘Houses in Phase 1 are selling for between R7.2 million and R10 million. Phase 2 is expected to be complete in July 2019, and Phase 3 in 2020. I N V E S T M E N T ‘We’ve seen a trend in these age groups of moving slightly out of the city, but still demanding access to life’s essentials like shopping malls and business centres, which need to be around the corner. ‘Another advantage for buyers is a choice of 11 different layout options for homes in the development, which are all highly customisable,’ says Morgan, appealing to independent home owners who have a very specific idea of what they want in terms of architecture and interior decor options. While communal gardens are indigenous with a few hardy exotics, home owners have carte blanche in their individual gardens. ‘While the architectural design is a contemporary take on the traditional terraced townhouse, every unit is completely bespoke, and buyers can choose between options, such as, for example, Oggie Hardwood Flooring or high-end tiles, or Smeg or Bosch appliances, which are included in the purchase price.’ All houses are double storey with either three or four bedrooms, large windows, timber cladding, big balconies, pergola-covered patios and courtyard gardens. Facilities include a gym and swimming pool, and the sports club, says Morgan, is expected ‘to become the centre of a vibrant community life on the estate’. Membership is included in the monthly levies, which will give all residents access to the oval, the bowling green and the clubhouse. Envisaged in the near future, says Morgan, is an informal eatery with a takeaway menu for when residents want a night off cooking. The estate is built to minimise its environmental impact, with solar panels, EV lights inside and out, borehole water, energy-efficient heating, insulated geysers, and water-wise taps, showers, and toilets with low-flow fittings. Ennick agrees that buyers are set to score in this market: ‘It’s been a buyer’s market for some time now. Right now, buy opportunities have seldom been better for home seekers and buy-to-sell investors.’ Perhaps it’s a double hat-trick. rondeboschoval.co.za ‘So far, buyers are mostly in their late 30s or early 40s, with kids of school-going age, who want top-notch security, a sense of community and also access to the city. The other segment is slightly older couples whose children have left home, and who want more flexibility in terms of a lock-up-and-go lifestyle with solid security but still with private gardens and an upmarket lifestyle as well as a base for family get-togethers. E All these lifestyle advantages in a market set on turning are good news, says Morgan. ‘The fibre network has been completed across the estate, which makes it possible for each home to access our highest available internet speeds,’ says Morgan.