Home sells for record price in Woodbridge Island

RE/MAX Property Associates’ Table View Office, which services property buyers and sellers along the Table Bay coastline and surrounds, has recently sold a home in Woodbridge Island for R11 million – the highest price paid for any home in the sought-after security complex.

Caron Leslie, Broker/Owner of RE/MAX Property Associates, says that this is a remarkable accomplishment and testament to the fact that buyers are prepared to pay premium prices for homes that offer both security and lifestyle benefits.

The beautiful, entirely-renovated home, which is situated on beachfront property with uninterrupted, stunning views, was sold by Francois van Aswegen, Sales Associate at RE/MAX Property Associates and Woodbridge Island resident area specialist. Over the past two years, he has sold 23 properties within Woodbridge and now has achieved the top selling price on the island.

According to van Aswegen, properties on the Island are all Sectional Title duplex or simplex units, starting from smaller units of approximately 84m2 to bigger units  of up to 190m2, which excludes any garages or outbuildings some units may have. Homes in Woodbridge Island are varied with the average entry-level home selling for approximately R3.2 million, increasing in value depending on size, quality, views and location. The area attracts purchasers from all walks of life, from young couples, executives, families, retired people and holiday homeowners. He adds that most of the buyers in Woodbridge are cash purchasers.

“Properties on Woodbridge Island are highly sought-after among buyers because of the mix of security and lifestyle the upmarket development offers. Located just 15 minutes from Cape Town’s city centre, the island is surrounded by a lagoon and the Atlantic Ocean and attracts residents who are looking to enjoy a luxurious lifestyle surrounded by picturesque views of Table Mountain and the ocean,” says van Aswegen. “Connected to the mainland by a modern road bridge, access to the island is controlled, providing residents with an exclusive and secure setting where they can enjoy the lifestyle elements the island offers.”

Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, says security is a top priority for many buyers in South Africa and is a driving factor behind the growth in popularity of secure developments. “The sale of this property is once again proof that buyers are prepared to pay premium prices for homes within gated, secure developments, specifically those located in ideal settings,” he adds.

Adding to the allure of the island, van Aswegen says that there is a lot for residents to do in and around Woodbridge. “The lagoon is a popular canoeing and bird watching destination and the beach is immaculate with white sands and great waves, often frequented by kite, windsurfing and surfing enthusiasts.  There is also a number of excellent restaurants, shopping centres, boutiques, schools and the Milnerton Golf Course literally metres from your doorstep,” says van Aswegen. “Woodbridge is also home to the Milnerton Life Saving Club.  Young children can join Nippers’ whereafter many of them choose to do the life saving course and qualify as Life Savers, a career that gives them access to almost anywhere in the world.”

He concludes by saying that due to its unique, exclusive offering, property in Woodbridge Island will continue to see excellent growth in the future and it will be exciting to see how much is achieved with the next record sale.

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