select
|

Homes in final phase in upmarket Baronetcy Estate rapidly rising out the ground

Three homes are now completed with a further 11 homes in the final phase already well under construction in upmarket Baronetcy Estate, situated in prime position in Plattekloof in Cape Town’s popular Northern Suburbs.


An example of one of the luxurious newly built homes in Baronetcy Estate, perched on the magnificent Tygerberg Hills Nature Reserve with uninterrupted panoramic views of Table Mountain and Table Bay.

Plenty more homes are scheduled for building to commence this year, according to Pierre Nel and Andre Leask, Plattekloof area principals for Pam Golding Properties.

“Selling quickly by word of mouth, plots in the final phase 9 have been snapped up by affluent buyers - mainly from the business elite,” says Nel.

“Of the 81 plots marketed exclusively by Pam Golding Properties, only five remain available for purchase, with a few of these currently reserved. Prices of available plots in the final phase 9D range from R3.1 million to R3.975 million including VAT for erven just under 1000sqm to 1252sqm in size.”

This site of this final phase was formerly situated outside the estate, requiring relocation of the fencing, installation of services and a new road to enable it to be linked and positioned within the estate, all of which was completed in December 2015.

Phase 9 of the Baronetcy Estate development is situated high on top of the Tygerberg Hills plots backing onto the 300ha nature reserve and thereby enjoying elevated height restrictions which exceed the current 7.5m, allowing properties extending as high as 11m and offering triple-storey modern living space.


The property has 640sqm of living space including four bedrooms (all en suite), open plan lounge, dining room and kitchen plus study flowing onto the entertainment area and pool deck.  

Says Nel: “In our view, this mountain strip of luxurious properties will comprise some of the world’s most modern architectural masterpieces. With the introduction of the new South African National Standard XA regulations, which aim to regulate energy use and encourage the energy efficiency of buildings, coupled with the yearly increase in building costs and the expensive prices of land, these properties are not cheaply built, and home owners are investing considerable amounts in truly building their dream homes.

“This will serve to further push up prices on the estate, beyond the current marketing prices which currently range from R7.9 million up to  R30 million for completed homes, and vacant land starting at R3 million to R4.5 million.

“New home owners are building to stay, while some existing home owners are selling in order to invest in another plot within Baronetcy and build a brand new home - either upsizing or down-scaling to suit their changing lifestyle requirements. However the common denominator is once people move in, they don’t want to leave the estate.”

With the first phase in Baronetcy Estate launched to market in 2004, on land which was formerly part of the acclaimed De Grendel Wine Estate which remains its immediate neighbour, the estate is blooming with some of Cape Town’s most modern, luxurious homes.


Numerous features include a three-storey lift, central vacuum, air conditioning throughout, heat pumps, and back-up and inverter system. The home only uses 10 units of power per day. This property, however, is not for sale.

The location is considered prime, being a modern, secure estate just 20 minutes from Stellenbosch, 18 minutes from Cape Town central city and Blouberg and eight minutes from Century City, thereby affording the choice of a variety of prime schools - with homes comparable with the likes of ultra-luxurious homes found in areas such as Camps Bay and Clifton.

Being located high on the hill of the Tygerberg Reserve with panoramic vistas stretching from Southern Suburbs to the Western Seaboard, incorporating renowned Table Mountain, Robben Island and the ocean, residents enjoy magnificent views by day as well as the glittering evening lights.

“Increasingly, we are seeing buyers who want to experience the quiet, relaxed living of the suburbs yet feel they are ‘in town’ due to the close proximity. We have certainly also noted a general increase in demand for properties in Plattekloof 1, 2 and 3, which includes many buyers from the Atlantic Seaboard, Western Seaboard and Southern Suburbs, so the spotlight is definitely on this sought after location,” says Nel.

As most Baronetcy homes exceed 500sqm in building size, they are already designed to the specifications of the XA regulation, to be more energy efficient.


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 16 Feb 2018
      Whether you own a property in a sectional title complex or are looking to invest in one, the financial standing of the body corporate is the single most important thing that can affect your investment or your buying decision.
    • 15 Feb 2018
      One positive consequence of the financial crash in 2008 was the rise in consumerism, especially in the property market, where buyers have steadily become more knowledgeable and more value conscious.
    • 15 Feb 2018
      While most homeowners will take the agent’s commission into consideration when they are trying to determine what the will get out from the sale of their property, many often forget to factor in the other costs involved in a home sale, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa.
    • 14 Feb 2018
      The forecast for the national rental market in 2018 remains a mixed bag of good news and bad news. Although rentals are expected to rise slowly as the challenges of home affordability and tighter lending criteria tighten their grip, it’s a double-edged sword as the market also will come under increasing pressure from factors like declining disposable income levels.
    • 14 Feb 2018
      While you may not have intended to place your home on the market, what do you do if you receive an unexpected offer on your home? In areas where demand outweighs the current supply of homes available to buyers, it is not unheard of to have buyers make offers on homes that aren’t on the market, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa.
    • 14 Feb 2018
      If you are looking to sell your home this year, Debbie Justus-Ferns, divisional manager of Renprop Residential Sales, says that there are five crucial things to do before the ‘for sale’ sign goes up.
    • 01 Feb 2018
      February is the month of love and to celebrate we will be posting about all the things we love this month. Follow the #MyPropertyLoves hashtag to keep up with our favourite things.
    • 01 Feb 2018
      After saving up and months of searching for the right home, applying for a bond and patiently waiting for the keys to the front door, it is finally time to cross the threshold and move into your new home. Now what?
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK