Buyers snap up R550m in plots in Durbanville lifestyle estate

Buyers have snapped up more than 270 single residential erven totalling more than R550million at the prestigious Clara Anna Fontein lifestyle estate in Durbanville ahead of the official launch prompting the developers to now release the second phase to the market.

Artist’s impression of the gatehouse at Clara Anna Fontein, Vissershok Road, Durbanville, where construction of civils is now under way.

The estate will be developed on the farm Uitkamp on Vissershok Road, next to Aurora and directly opposite d’Urbanvale. Clara Anna Fontein, its manor house with conference facilities and game area are well known and form part of Uitkamp, which consists of two areas. Portion 19 against the hill is a successful conservation and game area and portion 18 lower down is where residential development has been approved.

Colin Green, a director of Rabie Property Group, which is undertaking the development in a joint venture with the landowners, the AFM Louw Family Trust, says that pre-launch sales had been predominantly through word of mouth, and the results were exceptional.

“We held back our official marketing campaign while there were still some outstanding legal issues to settle in terms of appeals raised by the Durbanville Community Forum (DCF). This was in spite of the forum being unsuccessful in the High Court and the Supreme Court of Appeal, and having several costs awards against it.

“The DCF then petitioned the Constitutional Court to review the Supreme Court of Appeal’s decision, but this too was dismissed in December as according to the court ‘it bears no prospect of success,” says Green.

“Based on this decision, we appointed a civils contractor to commence with the construction of roads and services and will now proceed with our planned marketing campaign.”

He says all 259 plots in phase one in the 127ha luxury lifestyle estate have been sold as well as 17 in phase two. Phase two plots, which have an average size of over 1 200 m², are being sold for between R2.1 million and R4.3m. Most of the plots enjoy spectacular north-facing views, and are all suited to executive-size luxury homes, which will be designed in accordance with the architectural guidelines for the estate, to ensure an uncompromising and upmarket standard of design throughout.

The completed development borders a private game reserve, and will comprise:

- 344 single residential plots.
- 126 freestanding single and double storey homes for buyers who prefer complete packages.
- 176 retirement homes.
- A Reddam House private school.

It will also include a number of recreational and sports facilities including a gym, a lap pool, tennis courts and a squash court as well as various entertainment venues in revamped buildings for parties and functions.

Green says the original 18th Century manor house on the estate will be fully restored and re-invented to provide a modern luxury lifestyle centre where residents will be able to enjoy a meal or meet friends for a drink.

The high security estate will have fibre to the home and include CCTV cameras on the perimeter and throughout, biometric access control, electric fencing and anti-dig barriers as well as 24 hour manned security.

The first transfers of residential stands are scheduled for September.

  Comment on this Article

  Please login to post comments

Post to my facebook wall
Characters remaining

    Latest Property News
    • 20 Apr 2018
      Whenever changes in the political ecosystem of a traditional property market create uncertainty, smart investors begin to look elsewhere for new opportunities. Property experts at IP Global have analysed the trends and crunched the numbers to find new markets to explore in Europe and the United States.
    • 20 Apr 2018
      Energy and water self-sufficiency are increasingly important factors in home buyers’ choice of property – especially in Cape Town where the extreme drought of the past few years has made municipal supply costly as well as uncertain.
    • 19 Apr 2018
      During the last decade, rampant development has progressively transformed Cape Town’s property landscape with densification being the order of the day, but there are still one or two hidden gems like Scarborough which have retained their original character, offering an inimitable lifestyle and an attractive investment opportunity.
    • 19 Apr 2018
      The rental market is a cut-throat sector of the real estate market that waits for nobody. According to Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, first-time renters need to be fully prepared before they even start the process of looking for a place to rent in order to avoid the disappointment of losing out on their ideal property.
    • 19 Apr 2018
      Choosing to buy your first home instead of continuing to rent is a big decision that will usually take some time to put into action, but the sooner you can save up a sizeable deposit, the closer you will be to reaching your goal.
    • 18 Apr 2018
      Selling your home is no small task and as you will quickly find out, there are a lot of misconceptions about the process. Gerhard van der Linde, Seeff's MD in Pretoria East lists the top 5 misconceptions when you are selling your home.
    • 18 Apr 2018
      The Cape Town municipality is now installing water-management devices at properties that have been non-compliant with the new level 5 water restrictions and there are talks of fines between R5,000 and R10,000 for households that use too much water.
    • 17 Apr 2018
      The recent interest rate cut has stoked the coals in the first-time buyer’s market. At least for the next two months until the next interest rate announcement, homeowners are guaranteed lower monthly instalments than in the previous quarter. But, is it wise to take out a 100% bond just to enter the property market while interest rates are low?
    Subscribe to the MyProperty Newsletter

    Last Name  
    Email Address  
    Email Frequency
    Share this Page

    For Sale Property
    Rental Property
    More Options
    Connect with us