Silwersteen Security Estate in Tokai ticks all the boxes for upper-income buyers

According to one of the largest global real estate brands, UK-based Savills, property value is driven firstly by location, but also by the product, views, architecture and the amenities on offer; all of which add to the layers of value for the upper-income buyer. 

Top end buyers generally look to invest in an exclusive and secure area where property values remain relatively recession proof. In addition to the right location, homes that come with luxurious living spaces and top class finishes is what upper-income buyers tend to pay well into the upper millions for, says Seeff Constantia agent, Barbara Stephenson.

The exclusive Silwersteen Security Estate in Tokai is a lesser-known gem that ticks all of these boxes for upper-income buyers, says the agent. It is located against the slopes of the Steenberg Mountain at the foot of Ou Kaapse Weg and is regarded as one of the most secure estates in the country with a single access point with an upgraded permanent guard house, electrified perimeter fencing, CCTV and security patrols.

Set amidst the beautiful mountain-side fynbos landscape, the estate enjoys panoramic views over the valley, from Table Mountain as far as False Bay. Constantia's historic wine farms are visible below and the night lights across the valley are quite breathtaking, says the agent. Although the estate is only about a 25-minute drive from the city centre and airport, it offers a rare rural retreat for residents. It also enjoys easy access to the Blue Route highway and urban conveniences including top educational institutions and two golf courses nearby.

Developed about ten years ago, this exclusive estate is home to only 13 luxury homes set on large plots. It is especially popular with family buyers who are drawn to the security, exceptional location and exclusivity, says Stephenson. Although homes do not often come onto the market, they typically sell for upwards of R10 million to around R14,5 million for one of the most exclusive homes in the estate. Set on a plot of 1,687sqm, this architecturally designed home offers over 1,000sqm in floor space. It occupies the highest position in the estate with breathtaking views.
The home comes with top class finishes such as solar and under-floor heating and fireplaces. The living areas are ultra-spacious and include several lounge and dining areas. The gourmet kitchen is finished in cherry wood with a separate scullery and laundry. There is also a fully fitted bar room, a spacious study/office and a hobby room. The living areas open to a large entertainment terrace with a pizza-oven and Jacuzzi that overlooks a rim-flow, salt-water chlorinated pool. There are four luxurious bedroom suites on offer as well as a guest suite with a private entrance. The property further includes garaging for four vehicles and a fynbos garden with a beautiful water feature.

That upper-income buyers find good value in security estates is for example well illustrated by the fact that homes in Silverhurst Estate in Constantia have sold for between R11 million and R17 million over the past year, says Stephenson. Aside from the exceptional location on offer, Silwersteen offers an unparalleled quality of life and a superb selection of investment homes. Now is probably a good time to invest here as property values are likely to grow significantly over the next few years.

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