Keen interest in new Burgersfort estate

Security, energy efficiency and real affordability are likely to prove a winning combination for the developers of the new Villa Platino estate in booming Burgersfort.

Property demand in the little Limpopo mining town has soared over the past two years, and there is great excitement about the new development as it offers an excellent opportunity for homebuyers and investors to enter the market at an affordable price.

Elsa de Bruyn, principal of the local RealNet agency that is marketing Villa Platino, says stand and building packages in the estate will start at R490 000 for a two-bedroom house, while packages including three-bedroom, two bathroom homes with lofts will range from R650 000 to R750 000. Also available will be three-bedroom home packages with three bathrooms and a study priced at between R800 000 and R850 000.

“This compares extremely favourably with existing similar homes in Burgersfort and other estates nearby, and with a new school and a new shopping centre under development in Burgersfort, there is now no reason why the families of those working on the nearby platinum mines should not make this their permanent home, instead of having to live far away in Lydenburg or Steelpoort.”

Indeed, she says, several of the local mining companies keen to provide housing for employees have also expressed strong interest in the estate.

“In addition, investors have realised that Villa Platino will provide a golden opportunity to gain from the very high rental demand in Burgersfort  that is typical of most mining towns. Two-bedroom flats here are now renting for around R5500pm, while three-bedroom townhouses can easily fetch R7500pm. The few freehold family homes that do become available are very sought-after and rentals start at around R9000pm.”

The overall architectural theme of Villa Platino will be Tuscan, and architectural guidelines have been established to ensure harmonious living and protect home values. Energy efficient elements have been built into the designs to keep home ownership costs down, and the developer also promises affordable levies.    

Communal facilities in the estate will include two swimming pools, entertainment areas, parks and sports fields.

RealNet already has a long list of those interested in buying property in Villa Platino, and a deposit of R5000 is required to secure a stand while the developers await rezoning.

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