select
|

Southdowns Estate launches final phase

The estate has enjoyed considerable success since the launch of its first phase in 2004 and is arguably one of the few mixed-use lifestyle estate developments in South Africa which has proved viable since inception.

Southdowns occupies land which originally formed part of the neighbouring 115 year old Irene Dairy Farm. The farm brokered a deal with Centurus Properties (the developers behind Southdowns) when it became clear that its viability as a small, stand-alone dairy was under threat from modern mass dairy farming. As per the deal, approximately 200ha of the farm was allocated to Southdowns Estate and 110ha was set aside for the dairy farm.

Jack Prentice, Southdown’s Director says the estate’s success can largely be attributed to the fact that it managed to strike the perfect balance between old and new.

Says Prentice: “Far from being a peripheral element, the farm forms an integral part of the estate with 50 of the dairy’s 110 hectares incorporated into the residential area. Cows are regularly seen grazing around the estate’s properties and the majority of the original farm buildings and oak trees have been preserved. A charming farm shop and restaurant aptly named ‘The Barn’ and ‘The Deck’ respectively have also been established where visitors and residents alike can buy the dairy’s products or enjoy sumptuous meals.”

Roughly 700 land parcels were earmarked for the estate at the outset. Of these, 381 were made available under the first phase at prices ranging from R600 000 to R2m for freehold plots measuring between 980 and 3000sqm’s. These sold out within days of being put on the market. According to Prentice, some buyers even camped outside the estate prior to the launch of the first phase to secure the plots they wanted.

A number of Sectional Title properties entitled ‘The Lofts’ were also constructed under the first phase. These measure between 126 and 280sqm’s and typically include two bedrooms, two bathrooms, a gas braai and under-floor heating. High end finishes come standard and some include pools.

The average freehold home now sells for around R4.6m; the highest freehold price achieved currently stands at R8.2m. Prentice remarks that the Sectional Title properties have proved particularly popular from a rental standpoint and lease for between R9 000 and R17 000pm. These properties can also be bought at prices starting from R1.5m.

According to Prentice, Southdowns’ architectural style can loosely be described as following contemporary highveld farm style lines. Freehold property owners can interpret their homes according to estate guidelines. Red and grey roofs, earth tones, broken rooflines and rectangular forms are some of the design elements which feature strongly throughout the estate.

In addition to its very own dairy farm, Southdowns Estate has its own independent, private college that offers comprehensive academic, sports and boarding facilities. Environmental education and visual and performing arts rank high on the college’s curriculum. The college has proven highly popular and has over 1 200 students registered for 2012.

Southdowns also plays host to the Open Window School of Visual Communication which offers high-tech production studios, computer labs, creative studios, a research centre, spacious lecturing halls, a fully equipped gym and cafeteria. Over 500 students currently attend the school.

Also included within Southdown’s educational node is a fully equipped theatre. While Southdowns College students use this venue on a regular basis, it also doubles as an events and conference venue and can host up to 1000 guests.

Additionally, Southdowns offers 13km’s of walking/ hiking/ cycling/ golf cart trails which weave their way through the estate. The estate also boasts play parks and residents enjoy direct access to the Southdowns Fitness Centre and Irene Country Club where they are entitled to play tennis, golf squash, bowls and cricket.

The Irene Lodge, ‘Cam De Boo’ Spa and Southdowns Shopping Centre also lie but a stone’s throw away. Other facilities include an on-site office node which is currently under construction and storage facilities which will be built in the second phase.

Prentice points out that residents now also benefit from a Gautrain depot which was recently established just outside the estate. Users can reach the Centurion Gautrain station within six minutes via the depot.

Other Southdowns ‘value-adds’ include a natural gas pipeline which allows residents to sidestep escalating electricity tariffs, a fibre optic backbone, state-of-the-art security protocols and an internal water management system.

“Where possible, Southdowns tries to adopt environmentally friendly practices,” adds Prentice. “Pockets of land have been left deliberately untouched to preserve the local fauna and flora. In a bid to further facilitate the estate’s ‘green’ credentials, over 6000 indigenous trees and grasses have also been planted and a recycling service has been established.”

Approximately 120 freehold plots will be made available under the final phase alongside 120 upmarket Sectional Title units and 70 cluster opportunities. Initially, 73 stands measuring between 750 and 1 300sqm’s will be marketed at prices ranging from R1m to R2, 7m.  

Concludes Prentice: “We are exceptionally proud of what we have achieved at Southdowns and believe that the R1.6bn which has been invested into the estate to date is a worthwhile investment. We have more than weathered the property storm which has battered the local and global property market over the past few years and believe that we are well on the way to becoming one of Johannesburg’s premier residential estates.”





  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 17 Nov 2017
      FWJK has announced the launch of its latest residential brand, the Lil’ Apple, which will be launched simultaneously in two developments in Cape Town and Umhlanga totaling 600 apartments. The Lil’ Apple is set to be a brand of FWJK’s New York style apartments which will be rolled out nationally.
    • 17 Nov 2017
      It’s been a tumultuous year on many fronts, with socio-political uncertainty setting the tone for much of South Africa’s economic activity yet despite this and seemingly counter-intuitively, the residential property market has held up well.
    • 17 Nov 2017
      The EAAB (the Estate Agency Affairs Board) recently claimed that around 50,000 illegal estate agents could currently be operating illegally.
    • 16 Nov 2017
      Penthouses are synonymous with New York – characterised by high-rise living that is decidedly luxurious and spacious. While exclusivity comes at a price, you can still create a “penthouse” look and feel in your existing apartment or even the upstairs bedroom of a double storey house with some clever design changes and styling touches.
    • 16 Nov 2017
      The area has long been popular with kite surfers and, with escalating property prices in Cape Town itself, is increasingly in demand with home owners who work in town, but are looking to invest in more affordable properties.
    • 16 Nov 2017
      Cape Town’s popularity as a world-class tourist destination has resulted in a spike in the number of homes available for holiday lets and fuelled investor demand for sectional title units with short term rental potential.
    • 15 Nov 2017
      Sappi, one of South Africa’s oldest global companies and a leading global supplier of sustainable woodfibre products, has moved its global and regional headquarters to a new site on the corner of Oxford and 14th Avenue in Rosebank.
    • 15 Nov 2017
      There’s an old saying in real estate that you should seek to make a profit when you buy, not only when you sell – and a large part of succeeding at that endeavour is buying a home in an area with desirable features that will enhance the resale value of your property.
        
    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