Sedgefield fits the bill for ‘lifestyle’ home buyers

The picturesque and tranquil coastal area of Sedgefield on the Garden Route is experiencing increasing interest from out of town home buyers seeking getaway properties, reports James McNaughton, area principal for Pam Golding Properties (PGP).

“Smallholdings which can be used as lifestyle-type properties and which embody the appeal of a country or farm lifestyle – without the hassle of actually running a farm, are increasingly popular among those seeking a weekend getaway or leisure property for holiday breaks. Having just concluded a transaction for the sale of such a property for R2 million, it is evident that there are good buying opportunities available in the current market. The interest is mainly for small properties ranging from six to 30 hectares and in the price range from R1.5 million to R2.5 million. A must is water supply, and preferred locations are those with water frontage, sea views and/or mountain views. An added attraction is the inclusion of some indigenous forest or fynbos,” says McNaughton.

Situated between George and Knysna, Sedgefield is a peaceful seaside village with numerous attractions which include a host of leisure activities. These include beach water sports, fishing, bird watching and hiking, while the nearby Swartvlei lake offers swimming and fishing. Also within easy reach is the Groenvlei freshwater lake in the Goukamma Nature Reserve.

In regard to activity in the farming market, McNaughton says currently one of the best propositions is a 197ha farm which includes 80ha of natural grazing – which is leased to dairy farmers, 100ha of pristine natural forest, frontage and pumping rights on the Karatara River and three houses, two of which are of superior quality. This farm is realistically priced at R8 million. Another farm of 137ha, which also has natural grazing land which is leased to dairy farmers, is priced at R9 million. In the more affordable market, PGP is currently marketing a six hectare hideaway property in a very appealing and scenic location at the end of a road and with an attractive cottage, priced at R1.6 million.

Adds McNaughton: “In spite of the challenging economic trading conditions, no productive and/or profitable farms are coming onto the market. The large farms are mainly dairy farms which seem to be doing well. Apart from leisure properties such as smallholdings, we have received a number of enquiries for properties which can carry a few horses.”

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