Real Estate Investor Magazine South Africa September 2016 | Page 26
ESTATES
SA’
s
TOP
10
T
Residential Estates
The following is New World Wealth’s
top 10 residential estates
he New World Wealth released its annual top 10 SA residential estates in August, which sees new
entrants such as Steyn City in Johannesburg and Whalerock Ridge in Plettenberg Bay.
Characteristics of the top estates include good security, activities like golf and horse riding,
facilities like shops and children playgrounds, well designed houses of high quality, the spacing of houses,
views including scenery and wildlife, the appeal to wealthy buyers and the resale and price growth potential.
1
VAL DIE VIE
Where: Paarl in the Western Cape
House prices: R5m to R40m
Characteristics: “Val die Vie recently merged with
Pearl Valley, our top rated estate last year. Highlights
of the combined estate include: vineyards, polo fields,
an equestrian centre, a highly rated golf course,
natural fynbos scenery, parks, lakes and mountain
backdrops.”
2
ZIMBALI
Where: Ballito, north of Durban
House prices: R5m to R50m
Characteristics: “It is arguably the most picturesque
estate in the country, with its own natural lagoon and
forest. The bird life on the estate is very impressive - it
is home to several types of kingfishers, bee-eaters and
even the rare Crowned Eagle is a resident.
3
FANCOURT
Where: George on the Garden Route
House prices: R3m to R50m
Characteristics: “It is undoubtedly South Africa’s top
estate for golfers, with three highly rated courses on
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SEPTEMBER 2016 SA Real Estate Investor
one estate. The two original courses (the Montagu
and the Outeniqua) were built in the early 90s, whilst
the world famous Fancourt Links was added in 2000.”
4
STEYN CITY
Where: Between Fourways and Lanseria in
Johannesburg
House prices: R2m to R30m
Characteristics: “It is the largest estate in the
country in terms of land size and currently includes
an equestrian centre, a golf course and over 250
hectares of landscaped parkland. The communal
areas, vegetation and parklands on the estate are
particularly impressive, as is the bird life. The estate
is still at early development – there are plans to add:
two private schools, offices, convenience shopping, a
retirement village and a private hospital.”
5
PEZULA
Where: Knysna on the Garden Route
House prices: R5m to R40m
Characteristics: “Pezula includes two sub-estates,
namely: Pezula Golf Estate and Pezula Private
Estate.”
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