Real Estate Investor August 2022 | Page 144

SUPER ESTATES
estates have their time and place , but we are seeing a shift away from these conventional models that often distort the affordability of living in such a place . A more inclusive and humble approach maximises the natural surroundings and promotes an outdoor lifestyle through hiking and biking trails , fishing , and picnic spots , to provide the same level of satisfaction but without driving up the levies .
From an affordability standpoint , super estates , despite offering a magnitude of amenities , actually provide a more cost-efficient way of living . Security and landscaping expenses are normally high , but when divided amongst all the residents of an estate , suddenly become far more affordable . The larger the estate , the more residents are paying in levies – it ’ s a case of economies of scale .
144 AUGUST 2022 SA Real Estate Investor Magazine