Real Estate Investor Magazine South Africa June 2014 | Page 36

SMART MOVES BY LEVERNE GETHING Make Your Dream Come True There’s an opportunity to invest in one of the newest suburbs W ednesday 16 April 2014, saw the groundbreaking ceremony and turning of the first sod of earth on what is set to become a R4 billion new suburb in the Helderberg basin. Owing to its magnitude this new suburb has its own address: Sitari Country Estate. Set between the N2 and the R102, neighbouring Croyden Olive Estate, the details of Sitari are being kept under wraps until the official launch in July, which will be by invitation only – but what is clear is that this development is unprecedented in terms of its scope (3150 residential properties), lifestyle offering, security and detailing. Uvest Property Group are the property developers of Sitari Country Estate, and one of the Executive Di rectors of Uvest, John Coetz ee, has been meticulously planning and designing various aspects of this unique development for over three years. He certainly has the experience for a venture of this kind, having been involved in the planning and bringing to market of other large developments such as Burgundy Estate (in excess of 5803 apartments and homes plus commercial) and Buh-Rein Estate (in excess of 3 500 apartments and homes plus commercial). Says Coetzee: “I have certainly used my experience in planning this project, but Sitari is very different in many ways. Sitari Country Estate is set on 192 hectares, and it is one of the last private access-controlled estate that will be built within the Western Cape. It is a country estate in the truest sense of the word. Obviously one moves from rural towards urban when you develop, but we are attempting as far as possible to maintain a rural ambiance yet with all the modern conveniences one could wish for. Without revealing too much, buyers can expect to see a combination of orchards, trees, vineyards, olives and parks perfectly matched with contemporary rural architectural design. 34 June 2014 SA Real Estate Investor We pride ourselves on the care that we are putting into every little detail as we wish to ensure that Sitari Country Estate remains absolutely unique.” Power Construction has been tasked with completing all the civil works on Sitari Country Estate. Says Dr Graham Power, Helderberg local and Executive Chair of the Power Group: “When you look at the Helderberg, there is very little space left for development, and the only sizeable land available is here on the R102 route. This area is perfect for what is going to be an absolutely prime addition to the Helderberg. It is a beautiful area, and the site has a wonderful feel about it. I am delighted that we are involved with Uvest Property Group in Sitari – and I see nothing but success for this entire project.” The construction is set to roll out over the next seven years, and in terms of accommodation there will be 3 150 residential units, which includes a single residential country homes, sectional title apartments and a retirement village. There will also be private schools, a shopping centr H[