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 Jun 2018
      The rental market in many Johannesburg suburbs has shown encouraging signs of revival this year but it remains a competitive market and landlords who best cater to their market’s needs will reap the healthiest returns.
    • 22 Jun 2018
      Home design is constantly evolving to reflect the changing needs of society. We look at some of the ways in which our use of space is changing.
    • 22 Jun 2018
      While estate agents can help the seller with correctly pricing the property and marketing a property to the right pool of potential buyers, at the end of the day it’s the impression that the property will make on buyers that counts the most.
    • 21 Jun 2018
      Anyone who’s ever been involved in a building project that’s gone wrong will appreciate the importance of adequate insurance cover in the construction industry.
    • 21 Jun 2018
      A recent news story about a blind tenant caught in a legal battle with his body corporate over letters and notices he was unable to read and consequently comply with has raised the question: what are the legal obligations for landlords with disabled tenants?
    • 21 Jun 2018
      A trend that’s taken the world by storm in recent years is that of hygge (pronounced: hue-guh), a Danish concept that is about creating intimacy, connecting with loved ones and taking pleasure in small, ordinary things.
    • 20 Jun 2018
      Buying or selling real estate isn’t as easy as it is portrayed sometimes, especially if there is a death of a party during the transaction which can make it awkward, tricky and inconvenient.
    • 20 Jun 2018
      With interest rates remaining at historic lows and banks continuing to compete for mortgage finance business, first-time buyers with funds at their disposal are currently well-placed to gain that initial foothold on the property ladder, particularly in the light of the slightly lower growth rates currently experienced in residential property values.
    Subscribe to the MyProperty Newsletter

    Last Name  
    Email Address  
    Email Frequency
    Share this Page

    For Sale Property
    Rental Property
    More Options
    Connect with us