Sound investment opportunities in Port Owen

For those who love boating, fishing, water-skiing or bird-watching, there can be few more desirable locations than the Port Owen marina, located on the Cape West Coast at the mouth of the Berg River.

An aerial view of Marina Point, the luxury duplex development located on the main marina basin at Port Owen. PGP has just two units still available for purchase, priced from R1.36 million inclusive of transfer duties.

The marina development lies between the town of Velddrif and the fishing harbour of Laaiplek, just inland from the sheltered sweep of St Helena Bay. Pam Golding Properties (PGP) reports that its location only 145km from Cape Town makes it an ideal weekend and holiday destination, as well as being a tranquil environment for full-time residents and retirees.

Port Owen was South Africa’s first deep-water residential development, and spans an area of around 100ha, with over 3.5km of canals. It is named for the original developer H. Owen Higgins junior, who spent some 15 years overseeing the dredging of over one million cubic metres of sand and rock to create the network of canals and waterfront plots which exists today. Higgins also established the Port Owen Yacht Club, which is now a flourishing social centre for the community.

This luxury home lies on the water’s edge of Admiral Island, Port Owen, and enjoys 360 degree views of river, sea, canals and wetlands. There are four en-suite bedrooms, a study gym and wine cellar, as well as spacious entertainment areas, a double garage and private jetty. Pam Golding Properties is marketing the home at R6.9 million. 

St Helena Bay boasts some of the best and safest sailing on the coast thanks to its sheltered location, while the Berg River is navigable for small craft for nearly 40km upstream – creating an ideal playground for those who love boating. The marina is surrounded by pristine wetlands, and as a result boasts some of the best bird-watching in the province, with over 350 species of land, river, sea and wetland species.

PGP agent Liza Steyn says there are currently a number of excellent investment opportunities available in Port Own, including everything from waterfront mansions to secure lock-up-and-go duplexes. “Among the most prestigious properties are those found on Admiral Island, which lies on the western-most edge of Port Owen and is accessible via a single access point, a bridge which enjoys 24 hour security monitoring” she says. “The Island spans around 21ha and consists of just under 200 erven, with about two thirds of them located right on the waterfront. This is an exclusive, private residential area with no commercial activity whatsoever, and no possibility of unchecked expansion due to its geographical limits – it is completely surrounded by the river and canals. Many residents have their own private jetties and visit their friends by boat for sundowners, skiing or fishing.”

This immaculate four-bedroomed home is located on the water’s edge in the main Port Owen marina basin, and offers panoramic views. There is excellent flow between the spacious living areas. The property is on the market exclusively through Pam Golding properties, priced at R3.9 million

Homes on Admiral Island tend to fetch anywhere from R3.5 million to R8 million, depending on their size, location and luxury finishes. Some of the most exclusive properties enjoy 360 degree views of river, ocean, canals and wetlands, and have luxury finishes and numerous extras such as private gyms, swimming pools and wine cellars.

There are also plentiful options for those on a smaller budget, including the new Marina Point development, located on the water’s edge in the main Port Owen marina basin. PGP has just two units still available for purchase in this 25-unit luxury duplex development, priced from R1.36 million inclusive of transfer duties. The development offers access controlled security, private moorings and wonderful marina views.

“Thanks to recent market conditions there are a number of excellent buys available at present, and across a variety of price ranges,” says PGP’s area manager for the West Coast, Stephanie Wynne Cole. “For those who enjoy the waterfront lifestyle or who want to invest in a second home, this is the ideal time and place to purchase. Port Owen has all the benefits of a small town coastal lifestyle, while still being within easy reach of major amenities, and a manageable distance from a big city and an international airport.”

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