Work in the city, live in the country

While golfing is often a strong motivator for those who invest in golf estate homes, these estates are about much more than just golf, says Seeff Centurion managing director, Steve van Wyk.

 Especially estates situated near major commercial centres provide the opportunity to live in a country-like environment away from the hustle and bustle of big city life, yet within easy reach of major business and commercial centres, top schools and tertiary institutions and medical facilities.

An estate such as the Blue Valley Golf Estate on the fringes of Centurion offers large expanses of greenery and indigenous gardens, a river and lakes interspersed with walking/jogging and cycling trails along with a Gary Player golf course with a driving range and Pro-shop. Residents also enjoy shared facilities such as a Clubhouse with a spa, wellness centre and gymnasium along with tennis and squash courts and a convenience store on the estate, says agent, Tuula Laycock. Additionally, there is a restaurant along with boardroom and conferencing/banqueting facilities for up to 250 people.

One of the key motivators of these estates, adds van Wyk, is the top class security and safe lifestyle that residents enjoy. The estates are generally enclosed with electrified perimeter fencing, have controlled access points and 24/7 guards that patrol the estate.

Naturally, this lifestyle comes with a premium, but one that buyers are prepared to pay for given the quality real estate and secure lifestyle on offer, he adds. These estates provide a secure neighbourhood where residents can enjoy tranquil surrounds with clean air and the ability to walk around and enjoy the outdoors and where children can play freely. There is also a sense of community amongst residents.

The cost of golf estate homes are influenced by factors such as the maintenance and upkeep of the grounds and shared facilities as well as the cost of security, says van Wyk. Certainly, while these costs add a premium to the cost of real estate here, it needs to be borne in mind that residents enjoy blue-chip facilities. The Blue Valley Golf Estate for example is conveniently located midway between Johannesburg and Pretoria. It offers around 300ha with 1,500 freehold plots that range in size from 500sqm to 1,200sqm. There are strict building guidelines so buyers are assured of investing in quality real estate that will not only retain its value, but will deliver capital growth as the estate matures.

Plot prices range upwards of an affordable R550,000 for a small stand to R1,35 million against the fairway. House prices vary depending on the location within the estate as well as what is on offer, says Laycock. Buyers can expect to pay upwards of R3,6 million for a 410sqm home on an 810sqm plot. This double-storey home offers a Provençal-inspired lifestyle, unusual stone-clad walls, double-vaulted ceilings with exposed beams and stunning views. It offers three bedrooms and a study/4th bedroom and extras such as an imported Norwegian fireplace in the lounge, German kitchen, under-floor heating, chandeliers and feature lighting, stunning wall tiles and an entertainment terrace and swimming pool.

A luxury, triple-storey Tuscan home with arches, columns and shutters that offers more than 700sqm in floor space, will set you back around R6,5 million, says the agent. Sit-out balconies on all three levels offer stunning views while the covered outdoor entertainment terrace overlooks the swimming pool and irrigated garden. There are two lounges with fireplaces and luxury features such as a cinema room, entertainment room, study, wine cellar and gymnasium along with four bedrooms that includes a luxurious main suite with a living area, dressing room and luxurious bathroom with double vanity basins and a freestanding oval bath. Air-conditioning, under-floor heating and a home automation system (including a built-in vacuum facility), along with staff accommodation and multi-car garaging is just some of the value on offer, says Laycock.

While few properties have changed hands here since the launch of the estate about 10 years ago, van Wyk says that complete homes sold have shown an average capital value growth of 38.4% in the last five years with the average price now at R4,083 million, up from R2,95 million in 2007.

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