Elegance, peace of mind in Newlands secure estates

With security features now being a crucial selling point for many homes, the appeal of living within secure estates is growing.  

In the Southern Suburbs of Cape Town, the trend in many areas is towards smaller developments of just a few homes, clustered together within a secure guarded perimeter.  Leafy Newlands is no exception, but as yet, has just a few of these niche estates, clustered in the suburb’s Fernwood area. Pam Golding Properties reports that homes in these developments are highly sought-after, and come at a premium price, thanks to their luxury designs, excellent security features and prime location.

PGP Newlands agents Heather Turner and Vickie Francis say family homes in Fernwood are usually priced between R4 million and R6 million – yet when located within the secure estates, prices rise to R9 million and beyond, sometimes even as high as R12 million.  “Not only do the estates offer the peace of mind of additional security such as 24-hour guarding,” they say, “but being recent developments, built within the past six years, they contain almost brand new homes, typically built to luxury standards and with the highest-quality finishes.  There is also rarity value to boost the price – there are only a handful of these estates, and they typically contain fewer than eight homes each, so they are not a common commodity.  Plus we find that buyers here tend to purchase for the long term, so turnover is slow.”

The appeal of the Newlands lifestyle includes proximity to leading schools and sporting facilities, easy access to the M3 highway for commuting into the central city, and a magnificent scenic setting adjacent to the Table Mountain National Park, Newlands Forest, Liesbeek River and Kirstenbosch Botanical Gardens.  It’s not surprising then that these secure estates attract professional couples, both working and retired, as well as their growing families.

Among the most popular and prestigious estates is “Riversong”, located in Riverside Road which runs along the banks of the Liesbeek River.  The estate was established in 2006 and consists of just six elegant homes, all occupying plots of at least 1000sqm. It has electric perimeter fencing and is under 24 hour guard, with residents enjoying beautiful mountain views and an atmosphere of peace and quiet.  Pricing here is quite competitive for a secure estate, falling typically in the R9.5 million to R10 million range. PGP’s recent sales included a four-bedroomed home which sold for R9.75 million in August (2012).

PGP has the exclusive mandate to market the only property currently for sale in Riversong Estate.  Priced at R9.95 million, the elegantly-appointed townhouse occupies an erf of some 1000sqm, and offers over 350sqm of living space.  This includes a master bedroom suite with private dressing room, as well as three other en-suite bedrooms.  Spacious inter-leading living rooms flow via stackable doors onto a deep veranda running the length of the house.  This in turn overlooks a sunny balau deck with a swimming pool and unique Koi lap pond, as well as an entertainment pavilion with built-in bar, bar-fridge and dishwasher.  This fully-enclosable den provides an ideal space for entertaining in any weather.

Other features of the home include a private study and Jacuzzi.  The well-appointed kitchen has integrated appliances and granite counter-tops, as well as a separate scullery and laundry and an eat-around counter.  The property also includes a double garage and staff accommodation.

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