select
|

Record prices being achieved at De Zalze Winelands Golf Estate

A new record price has been achieved for residential property on the De Zalze Winelands Golf Estate, located just outside Stellenbosch on the route to Somerset West. Agents for Pam Golding Properties have broken the previous record of R14 million for a single home twice in the past five months, with sales of R21.55 million and R18 million.


This home in De Zalze Winelands Golf Estate was recently sold by Pam Golding Properties for R21.55 million – a record price for a single residential property in the Stellenbosch area.
 
PGP’s area manager for Stellenbosch, Louise Varga, says these are not only record prices for De Zalze, but also for a single residential home anywhere in the Stellenbosch area – the previous record being R18 million for a single residential sale concluded in 2013. “These are the kind of prices one would previously have expected to see being achieved for a small-holding sale,” she says, “not for a single house on a standard-sized erf. The fact that the record has been broken twice this year is an indication not only of general property market recovery, but particularly of the growing appeal of the De Zalze lifestyle – an appeal borne out by the fact that we have a waiting list of buyers who are prepared to commit to purchase as soon as the right property becomes available.”
 
The prestigious estate spans 300ha of land on the banks of the Blaauwklippen River, with panoramic views of the surrounding Simonsberg and Helderberg mountains. It is a working farm, including the Kleine Zalze winery as well as several olive groves and lavender fields. The 448 residential homes are grouped in 14 separate villages, all spread around the highly-rated 18 hole golf course designed by Peter Matkovitch, which is regularly ranked among the top five in the Cape Winelands region.


This home in De Zalze Winelands Golf Estate enjoys a scenic setting alongside a dam with lovely mountain views. The home occupies an erf of 832sqm and has five en-suite bedrooms, spacious entertainment areas and a pool. It is on the market exclusively through Pam Golding Properties, priced at R14.75 million.
The over-arching design theme of the estate is one of picturesque Cape vernacular homes with sophisticated finishes and high-quality workmanship. Options range from smaller lock-up-and-go homes to large family residences, with prices ranging from around R7.5 million for a three-bedroomed home to between R10 million and R15 million, and more, for larger homes on spacious erven with lakeside or riverside settings. An additional residential offering is specifically aimed at golfers – the 40 units known as Golf Estate Lodges are located around the 10th hole and adjacent to the clubhouse, and can be purchased on a sectional ownership basis or entered into a rental pool. Prices for these units range from around R2 million to R5.5 million, depending on the purchase option.
 
PGP agent Deanne Kriel says the recent record prices are a sound indicator of the potential for buyers to achieve excellent return on investment – but apart from that, it is the outstanding lifestyle on offer which attracts most buyers to De Zalze. “The estate not only offers residents a top-class golf experience and magnificent views,” she says, “but also a thriving, friendly community, a serene environment and state-of the-art security, all in a central location that is within easy reach of all facilities, including schools, shops, medical care, Stellenbosch University and Cape Town International Airport, which is only 25 minutes’ drive from the estate. Within the estate itself, residents can enjoy a network of walking and cycling paths, tennis courts, canoeing on the numerous dams, wine tasting and their choice of three on-site restaurants. It is no wonder that the estate counts a number of so-called ‘swallows’ among its owners – those who escape the European winter to spend it basking in the Cape summer sun instead.  The remainder of the population includes a mix of permanent residents including professionals, families with school-going children, business leaders and retired couples.”
 
Security features at De Zalze include electrified perimeter fencing and only two access points with 24-hour manned security. 


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 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.
    • 17 Nov 2017
      It’s been a tumultuous year on many fronts, with socio-political uncertainty setting the tone for much of South Africa’s economic activity yet despite this and seemingly counter-intuitively, the residential property market has held up well.
    • 17 Nov 2017
      The EAAB (the Estate Agency Affairs Board) recently claimed that around 50,000 illegal estate agents could currently be operating illegally.
    • 16 Nov 2017
      Penthouses are synonymous with New York – characterised by high-rise living that is decidedly luxurious and spacious. While exclusivity comes at a price, you can still create a “penthouse” look and feel in your existing apartment or even the upstairs bedroom of a double storey house with some clever design changes and styling touches.
    • 16 Nov 2017
      The area has long been popular with kite surfers and, with escalating property prices in Cape Town itself, is increasingly in demand with home owners who work in town, but are looking to invest in more affordable properties.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK