Real Estate Investor August 2022 | Page 142

“ Conservatively , to maintain a golf course is over R400 000 a month , which is a cost that the residents of the estate ultimately carry . By avoiding such facilities and allowing the public access to the communal nodes of an estate , such as the restaurant , sporting facilities and gyms , owners are no longer lumbered with excessive levies .”
SUPER ESTATES
than just a place to lay your head . We want our home and its surroundings to reflect our interests , whether it is cycling , equestrian activities , walking or simply having the freedom to let your children go outside to play , without constantly being on the lookout for dangers .
Super estates offer this high level of security but without sacrificing on enjoyment . Super estates recreate the sense of community and allows one to return to a more innocent way of life .
Historically a super estate would have either a polo or a golf course offering . As desirable as these are , they do come with a higher price tag . In his recent podcast , Founder and Executive Chairman of Northlands Group and
Developer of Avianto Estate , Darin D ’ Oliveira , explained that the recent movement is to avoid these traditional , costly facilities and become more inclusive , which ultimately benefits the residents . As with everything , these

“ Conservatively , to maintain a golf course is over R400 000 a month , which is a cost that the residents of the estate ultimately carry . By avoiding such facilities and allowing the public access to the communal nodes of an estate , such as the restaurant , sporting facilities and gyms , owners are no longer lumbered with excessive levies .”

142 AUGUST 2022 SA Real Estate Investor Magazine