Home buyers at Baronetcy Estate opting for luxurious, modern masterpieces

The desire to build a dream home on a secure estate and in a prime location is driving sales of vacant stands in Baronetcy Estate in the upmarket Plattekloof area in Cape Town’s Northern Suburbs, reports Pam Golding Properties.

Artist’s impression showing an example of one of the architecturally designed modern masterpieces to be built on Baronetcy Estate in upmarket Plattekloof in Cape Town’s burgeoning Northern Suburbs.

With approximately 120 homes already completed and occupied, nine under construction and a further 28 plans submitted for approval, when completed, this popular estate will comprise a total of 350 luxury homes.

Now sales of the final phase of 19 erven are under way, at prices ranging from R2.6 million to R3.9 million (including VAT) for plots from just under 1000sqm to 1252sqm in size.

“Buyers have realised this is the last opportunity to acquire stands and build their ideal home on this sought after estate. Three of the stands in the final phase 9 D have already sold, with a very positive response from the marketplace and negotiations for further sales transactions well under way,” report Pierre Nel and Andre Leask, Pam Golding Properties Plattekloof area principals. “Included in these, we have concluded a cash agreement for the sale of the plot for R 3.9 million,” they add.

“This final tranche of homes is positioned in one of the best locations on the estate, elevated to the extent that residents will enjoy spectacular, sweeping vistas across to the city of Cape Town and its night lights, Table Mountain and even the blue ocean – spanning the areas from Muizenberg right through to Melkbosstrand,” says Nel. The plots priced above R3.3 million border the Tygerberg Nature Reserve, with uninterrupted 360 degree views of nature, the city skyline and Cape Peninsula.

“The feeling is almost of being suspended ‘on top of the world’, with Cape Town at your feet. Some of the best views from theses prime properties are on very steep slopes, with a drop of about eight metres below. To capitalise on this key aspect, homes will be built at the crest of the properties on level ground, with home owners installing private driveways, bridges and even lifts.”

Spectacular vistas will be enjoyed by new home owners on Baronetcy Estate from modern masterpieces such as this – with a ‘floating’ pool just one of the exceptional features, as seen in this artist’s impression.

Baronetcy Estate is rapidly being dubbed the most upmarket estate in Northern Suburbs, with property buyers intent on constructing modern, architecturally designed homes which combine their individual tastes and requirements to achieve family living at its best.

Purchasers are from around South Africa, but predominantly from Cape Town, Gauteng and KwaZulu-Natal and leaning towards a younger age group from late 30s to early 50s. Focused on quality and value, they are building their homes to stay.

Says Leask: “The plots in the previous phases 9 A, B and C sold extremely rapidly with the highest priced selling at R4 million for a 2000sqm erf, and currently only five plots still available for purchase. The enquiries we are receiving weekly and the ongoing demand for plots in Baronetcy Estate have surpassed all expectations, with properties selling on word of mouth recommendations from existing home owners – many of whom are top executives – resulting in exceptionally quick sales.

Home owners are investing considerable sums on building their ideal homes, many of which are 900 to 1500 square metres in extent.  Building costs on these prime stands in the final phase are estimated to start at R20 000 to R25 000 per square metres, with buyers installing top technology systems that include the latest security control systems, home automation,  off-grid solar systems and the like.”

Says Nel: “Going green is increasingly preferred and recommended, not only from an energy and cost saving perspective but also adding to the resale value and long-term investment return. In Baronetcy there is already one home off the grid and a few more being built, with much consideration given to green features from new owners during the planning process. Baronetcy Estate’s security cameras and electric fencing is managed on a solar, off-grid system which is of particular relevance during any electricity load-shedding.”

New generation of modern masterpiece homes

Christo Botha of renowned M&B Architects is the preferred architect for the design of the prime properties in the new phase at Baronetcy, bringing a vast amount of experience and knowledge from years of designing prestigious projects around South Africa and internationally.

Artist’s impression showing one of the grand, modern homes being built on Baronetcy Estate.

Comments Leask: “With all these new homes springing out of the ground, in the next few years we will see the most impressive modern residences - with spectacular living areas, superb interiors and underground garages parking eight or more cars. We expect to see unique features such as a full glass study with 360 degree views almost floating in the air, floating private swimming pools that create the impression of swimming directly towards Table Mountain, wine cellars with wine tasting rooms and cinema rooms to name a few. One of the homes currently under construction and nearing completion in Baronetcy Estate has seen a total investment of R33 million, while other buyers are investing more.”

Nel says regarding the resale of completed homes on the estate, all properties under R6 million sold out early in 2015, with current starting prices from R7.5 million and with a top price of R16 million achieved to date.

“In the Plattekloof area we are achieving prices from R8.3 million upwards and have properties on the market for R26 million and above,” he says.

Just 20 minutes from Stellenbosch, 18 minutes from Cape Town and Blouberg and eight minutes’ drive from Century City, residents on Baronetcy Estate enjoy quick easy access to a host of good schools and amenities.

The final phase 9D is on show every Sunday between 2 and 4pm. At present services are being installed and roads under construction.

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