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 24 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.” www.reimag.co.za