Property on Thesen Islands set for continued growth

Located in the heart of the tranquil waters of one of Southern Africa’s richest ecological estuaries, the Thesen Islands are rich with Southern Cape history, says Schalk van der Merwe, Broker/Owner of RE/MAX Coastal, whose office services Knysna and surrounding areas.

One of the beautiful waterfront properties in Thesen Islands
According to legend, the earliest inhabitants of the island were the San or bushmen, however other settlers soon arrived, drawn in by the area’s beautiful indigenous forests.  The islands now carry the name of the Norwegian Thesen family who settled in the town of Knysna and established a timber processing plant on the island. Over time it was realised that the scenic and eco-sensitive lagoon would be better served if the island was redeveloped into a residential marina.
Due to the fact that the Knysna River estuary is one of the most sensitive ecosystems in the country and a major tourist attraction, the planning of the development of Thesen Islands was extremely sensitive, covering criteria involving ecological, architectural, engineering, aesthetic, social and cultural guidelines. Following eight years of careful research, approval of the plans was granted in 1998, with more than one hundred strict and complex conditions.
According to Van der Merwe, it is these strict guidelines and unique lifestyle offering that have assisted Thesen Islands in becoming one of the most sought-after residential hubs in the country as well as one of the most successful, award winning marinas worldwide. Corlia Goris and Sue Abernethy, RE/MAX Coastal are the sales associates specialising in the area. Thesen Islands has recently been awarded Blue Flag status, which has added to its allure. The colonial maritime homes on the islands can only be accessed through a gated guardhouse or by boat through one of two monitored access canals, making it both exclusive and secure. Another draw card of the development is the fact that residents are within proximity to amenities such as malls, medical facilities and excellent schools and world famous restaurants.
“Due to the area’s popularity, the homes on Thesen Island have retained their value during the recession period and the value of the average home in the area is increasing once again. It is the only residential marina of its kind in the country and it is this unique lifestyle offering that has boosted demand for property in the area and kept the value of the homes appreciating,” says Goris.  
Adrian Goslett, CEO of RE/MAX of Southern Africa, says that according to Lightstone data, the average property price has risen from R3.6million in 2012 to  R4.6million in 2014.
Goris says that houses which are the most popular in terms of sales are those priced between R4 million and R5 million. These are typically freestanding, full-title homes located on the water. “The homes that are specifically sought-after are north-facing, four-bedroom, four-bathroom houses that have their own mooring. Positioning in relation to the water has a huge impact on the value of the property and demand among prospective buyers. The homes on the canals sell for between R500 000 and R1 million more than the properties that are not on the water,” she says. 
“The meticulous planning and research that went into the development of Thesen Islands will ensure that not only will the integrity of the eco-system remain intact, but that property buyers can expect a continually growing return on their investment while enjoying the exclusive lifestyle on offer,” Goris concludes.

  Comment on this Article

  Please login to post comments

Post to my facebook wall
Characters remaining

    Latest Property News
    • 22 Nov 2017
      The end of the year is fast approaching, and so are all the travellers, tourists and holidaymakers. For those who live near or own a property in a holiday-hotspot, the festive season also brings with it an abundance of short-term rental opportunities. Its a great way for property owners to make a few extra rand for their own holidays or to put towards their savings.
    • 21 Nov 2017
      The buying process is over, and the moving truck has delivered your household goods to your new property. Now it’s time to unpack and turn your new house into a home.
    • 21 Nov 2017
      When an offer to purchase a property is signed by both buyer and seller, this constitutes a binding agreement or “Deed of Sale” between the two parties. However, in most cases the “standard contract” might not be enough to cover all the specifics pertaining to the sale. The agreement may require some additions or alterations to clauses, which needs an expert hand in the drafting of such
    • 21 Nov 2017
      As more and more South Africans look to invest in property abroad, Spain is offering them one of the best deals in global real estate.
    • 20 Nov 2017
      Since 2012, sectional title complexes have been leading the South African property market, not only in terms of price growth, but sales volumes as well. Remaining relatively strong, even in the face of 2017’s political and economic turmoil, experts say this market segment could offer valuable insight into South Africans’ property purchase priorities.
    • 20 Nov 2017
      Regardless of whether you are purchasing your first start-up home, downsizing or moving in with roommates, finding ways to maximise small spaces can be a big advantage, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa.
    • 20 Nov 2017
      Property valued at approximately R1 billion is on High Street Auctions’ sales floor during the month of November, including the much-anticipated sale of the Tshwane Mayoral Residence and the land occupied by one of South Africa’s oldest operating gold mines.
    • 17 Nov 2017
      FWJK has announced the launch of its latest residential brand, the Lil’ Apple, which will be launched simultaneously in two developments in Cape Town and Umhlanga totaling 600 apartments. The Lil’ Apple is set to be a brand of FWJK’s New York style apartments which will be rolled out nationally.
    Subscribe to the MyProperty Newsletter

    Last Name  
    Email Address  
    Email Frequency
    Share this Page

    For Sale Property
    Rental Property
    More Options
    Connect with us