Real Estate Investor Magazine South Africa Real Estate Investor Magazine - July 2017 | Page 44

ESTATE LIVING DO N’ T T IC M ISS KE TH TS FO E CH A R T NC HE E T RO O S DE EE - RE S T IM E Y N E V E CI NT T Y NO F OR W A YO VAI UR L A B S EL LE F! A Closer Look at Steyn City Beyond Compare S teyn City Lifestyle Resort surpasses any other development in South Africa, in terms of size, scope, vision and facilities. It has distinguished itself to be truly without peer. It takes a special kind of foresight to come up with a concept of this nature and, more importantly, bring it to life; the kind of business smarts possessed by Douw Steyn and Giuseppe Plumari. Steyn City is not the first collaboration between the insurance maven and Plumari. The pair had already had a longstanding relationship by the time Steyn told Plumari he would like to bring to life a development that could stand proudly alongside – if not exceed – the best estates in the world. It’s a dream that is well on its way to being fulfilled, with New World Wealth last year ranking Steyn City as fourth among the country’s leading residential estates – a significant accomplishment for a development that is still very new, and (unlike the top three estates) lacks the advantage of a coastal location. Added to this, the development continues to attract attention from purchasers. At a time when the property industry is showing a significant slow-down, Phase One is completely sold out, and development on the next cluster development is well under way. Much of the Steyn City Parkland Residence’s extraordinary success is due to the fact that Steyn and Plumari took a move to install all infrastructure before 42 JULY 2017 SA Real Estate Investor taking their product to market. This has removed the guesswork for would-be residents: far from trying to imagine what their future home will look like, or worrying that the developers’ promises won’t live up to reality, they have been able to experience the facilities first-hand, even before moving in. It also puts credence to the development’s slogan: “We don’t just say, we do.” This approach is, of course, one way in which Steyn City has set itself apart from other lifestyle estates. Another is through the quality and variety of its offering: a magnificent parkland setting (planted with over half a million trees, shrubs and ground covers) creates a peaceful and tranquil haven; an atmosphere which is amplified by careful planning which sees each residential village located within a quiet cul- de-sac. Residents have a vast choice of recreational activities and amenities, ranging from fine and casual dining options to a world-class golf course, equestrian centre and kilometres of track for running, cycling and horse-riding. Plans to open Steyn City Schools in January 2018 are well underway, and next on the agenda is the establishment of a business park. It’s not surprising, then, that Steyn City has become one of the most enviable addresses in South Africa. RESOURCES Steyn City www.reimag.co.za