Security and appreciation potential, drive sales at Mount Edgecombe

RE/MAX Panache, one of the accredited marketing agencies for Mount Edgecombe Country Club Estate 1 and 2 which are situated on the KwaZulu-Natal north coast, reports strong demand for property due to the good location and security this estate offers its residents.

RE/MAX Panache is currently marketing this three-bedroom home within Mount Edgecombe Country Club Estate 2.  The home includes two spacious lounges, an open plan kitchen, and a full granny flat.  There is also a level garden and room for a pool.  This home is situated within a small, well run complex of seven homes in the estate which includes a communal pool.

Grant Gavin, Broker/Owner of RE/MAX Panache, which operates in the La Lucia and Durban North areas and surrounds, points out that the Mount Edgecombe estates are conveniently located close to the Umhlanga and La Lucia business districts and amenities, as well as the King Shaka International Airport and major transport routes.

“Mount Edgecombe Country Club Estate is the premier golf and lifestyle estate in the area, offering both freehold and sectional title properties with outstanding security,” says Gavin.

In fact, Gavin says that security is the number one feature that attracts buyers to the estate. “Demand from purchasers wanting to buy into the Mount Edgecombe Country Club lifestyle is very strong.  The number one feature that homes within this estate offer is without doubt security. The estate management commits a large portion of its budget towards ensuring that the estate is kept secure with perimeter fencing and patrols, state-of-the-art access control and stringent monitoring of contractors and visitors entering and exiting the estate.”

Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, says that sobering crime statistics have made South African home buyers among the most security conscious people in the world. “For many, security has become a determining factor in where they choose to live. The result of this is that properties with top-end security features or those located within security estates are highly sought-after and often fetch a higher price than other types of properties. Price trends in recent years suggest that homes located within security estates generally provide a greater return on investment over the long term.”

Gavin believes that due to the high level of security, the estates are both able to offer a lifestyle second to none.  He says the homes within the two estates are situated on prime golf course property, with beautiful aesthetics and community centres with pools and recreational facilities for both adults and kids.  The main club house offers restaurant and bar facilities as well as the use of tennis, squash courts and bowling greens.  

Aside from the facilities on the estate, Mount Edgecombe Estates are a conservancy area which means residents are living in an environment where it is not uncommon to encounter impala and other wildlife in the garden, as well as many beautiful birds on the golf course.  “Resident pelicans provide for great sightings when going for walks along the golf paths,” says Gavin.

But security and lifestyle are not the only factors that contribute to the strong demand - and therefore sound appreciation potential - of properties within the Mount Edgecombe Estates, according to Gavin.  “With supply fixed, and very little opportunity for future development, home owners on the estate are assured of good capital appreciation on their homes.  This is evident in the fact that the entry level price for a home within this estate is now above the R3 million mark.”

Homes range from two-bedroom apartments, to six- and seven-bedroom mansions, some with golf course views. Pricing ranges from R3 million to R4,5 million for sectional title properties, while freehold homes are priced anywhere from R4,5 million up to the R20 million mark.

“While the estimated growth of properties within these estates is hard to pin down in exact numbers, it’s safe to say that given the fact that supply is fixed and demand is always strong from people wanting the security and the lifestyle the estates offer, price appreciation is a major factor that encourages investment within the Mount Edgecombe Estates,” Gavin concludes.

  Comment on this Article

  Please login to post comments

Post to my facebook wall
Characters remaining

    Latest Property News
    • 16 Mar 2018
      Strange as it may seem, there is a stock shortage looming now in the luxury sector of the Johannesburg property market, because astute buyers have for the past few months been hurrying to snap up high-end homes being offered at excellent prices.
    • 16 Mar 2018
      No one likes having to claim but having insurance for your household contents is vital, and at the start of a new financial year, homeowners either applying for new household insurance or revising their existing insurance should take a comprehensive inventory of their possessions and keep track of the total value.
    • 15 Mar 2018
      First-time buyers typically need to save for at least three years to afford the deposit on a home, and the VAT and fuel price increases announced in this year’s budget are going to make it even more difficult for them to reach that goal.
    • 15 Mar 2018
      Sea Point shows how developers use these organisations to advance their own interests
    • 15 Mar 2018
      As the rand strengthens against other major currencies, the prospect of investing in properties abroad is an increasingly appealing option for South African investors. Several factors, local and international, are sending a clear message: now is the time.
    • 14 Mar 2018
      Selling a property is never easy. Subtle details – from mismatched scatter cushions, to an unswept kitchen – can spell the difference between a potential buyer making an offer, or scratching your property off their list altogether. As much as you would love to be around to hear the passing comments as buyers amble through your abode, by choosing to remain at home during a showing, you set yourself at risk of becoming exactly that “subtle detail” that gets in the way of an offer.
    • 14 Mar 2018
      Home design mirrors the world around us and the phenomena of global warming, fossil fuel depletion and natural resource scarcity have created a revolution in architectural concepts and design.
    • 13 Mar 2018
      It has long been a foregone conclusion that towns where markets are driven largely by the demand for holiday homes will always perform below the national average during subdued economic times, but a report released by FNB last month has revealed that this is no longer the case.
    Subscribe to the MyProperty Newsletter

    Last Name  
    Email Address  
    Email Frequency
    Share this Page

    For Sale Property
    Rental Property
    More Options
    Connect with us