Honeydew Country Estate offers value in Paarl’s booming property market

Honeydew Country Estate in Paarl North makes it possible to own a beautiful, family home in a booming property market where there has been an upsurge of sales activity in the past five years, says Pam Golding Properties.

“This development is ideal for families looking to settle in Paarl either for the tranquil lifestyle or to be near to the excellent schools in the area. With its prime location, near to Mediclinic Paarl and other attractions, Honeydew Country Estate offers excellent value for money in a highly competitive market,” says Surina du Toit, Pam Golding Properties branch manager for Paarl, Wellington and Franschhoek.

Developed by the well-established Wilcrest Group, Honeydew Country Estate is a new development offering a mix of house and duplex options ideal for the first-time buyer, retiree or young family looking to live in a secure environment. Pam Golding Properties is marketing the units, which start at R1.599 million for a duplex and R1.799 million for a freestanding home. According to Lightstone property data, there has been a house price appreciation of 73.5% in Paarl North between 2012 and 2017. Sectional title prices have also increased by 72.6% during this period. Most of the sales registered last year were in the R1.5 million to R3 million price range.

“Homes in Paarl are always in demand, so this new development offers an exciting opportunity to not only live in Paarl, but to invest in a robust market with considerable capital growth potential,” says Ronel Pienaar, Pam Golding Properties agent for Paarl. “Many of our buyers are from the nearby northern suburbs or from Gauteng, and they are either downscaling or looking for a starter home in a secure estate.” Those relocating from the northern suburbs also consider Paarl because of the excellent schools in the area.

Honeydew Country Estate has electric fencing, a manned gatehouse and surveillance cameras throughout. A central community garden provides an ideal area for families to spend time together and for children to play. With its houses set back from the road, there is ample parking and plenty of space to enjoy the established oak trees and spectacular views of the Berg River and surrounding mountains. There’s also the award-winning wine farms and the many other attractions of this historical town to enjoy. “Honeydew Country Estate provides the idyllic farm-like lifestyle that is synonymous with Paarl,” adds Pienaar.

Paarl is the largest town in the Cape Winelands, and located just 60kms from Cape Town, making it a popular base for those who are able to either work from home or commute. This is made even easier with the Huguenot Express, a luxury business class train service travelling twice a day between Cape Town and Paarl. The N1 also makes it convenient to drive to Cape Town, the airport or elsewhere in the Winelands.

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