Demand for secure estate living on the increase

The Knysna area continues to see strong demand for property within secure lifestyle estates, especially among buyers who have moved to the area from other parts of the country, says RE/MAX Coastal’s, Chris van der Merwe, property specialist within in the Pezula Golf Estate and Pezula Private Estate. 

RE/MAX Coastal operates within Knysna and the surrounding areas, and are the preferred suppliers to the above estates with an office operating from the Pezula Clubhouse.
“Situated in the heart of the Garden Route, which is widely considered to be one of the most beautiful regions in the country, it is easy to see why so many buyers are choosing this as the area they want to live in,” says van der Merwe. “Aside from the area’s aesthetic appeal, a large number of the buyers are also pointing to safety as a major determining factor for choosing to live in Knysna, as it is viewed as a safe and secure environment in which to raise children or retire.”
Adrian Goslett, CEO of RE/MAX of Southern Africa, says that for many home buyers in this country, security has become one of the most crucial influencing factors when deciding which home to purchase and in which area to purchase.  “For this reason, properties with top-end security features that are located with security estates often fetch a higher price than other types of properties and generally have a greater return on investment over the long term. The security of a home and its location directly affect the perceived value of that property,” he says.
According to van der Merwe, currently the two most sought after security estates in the area are, Pezula Golf Estate and Pezula Private Estate. “Due to its ideal positioning with breath-taking views of the ocean, we have seen an especially high demand for properties located within the Pezula Golf Estate. Another reason that the estate has experienced strong demand from buyers is the fact that it offers excellent value for money when compared to other golf estates along the Garden Route,” he says. “The award-winning, 18-hole golf course, designed by David Dale and Ronald Fream of GolfPlan USA, is also a major draw card. Rated among the best and most scenic golf courses in the world, it is ranked 16 in South Africa’s Top 100 courses and has been awarded a five star golf experience for the past 10 years.”

He notes that the estate is not only geared towards the avid golfer, but also the rest of the family.  The sports clubhouse is available for private functions such as children’s birthday parties and has the use of the tennis courts, a swimming pool and jungle gym, which caters to the whole family. The estate is also within walking distance to the ocean and a private beach. In the area there is also walking trails, horse-back riding and a barnyard petting zoo, where children can experience close up encounters with animals. The estate is in proximity to the Conrad Pezula Hotel, which has a number of facilities that family members can enjoy, such as a gym and spa, restaurant, champagne and whisky bar, cigar lounge, heated indoor swimming pool, outdoor swimming pool, library, games room and designer collection boutique.
According to Van der Merwe, there are a total of 496 properties on Pezula Golf Estate which includes vacant stands. The average price of property within the estate including vacant stands is around R3.935 million, with around 41 properties and vacant stands sold and transferred over the last 19 months. Around 257 houses have been built within the estate to date. He notes that the average price of a completed house is around R4.5 million, ranging from R1.7 million to R23 million. The average price for a stand is around R405 000, with prices ranging from R280 000 to R800 000.
Many of the properties within the estate are also available for long term rental. RE/MAX Coastal rental agent, Karin Pienaar, says that a fully furnished, three-bedroom home in the estate’s Caravelle Villas rents at approximately R11 500 per month. She notes that the estate also offers holiday rentals that vary from R3 500 to R6 750 per day, depending on what they offer. Holiday rentals on the more expensive side of the scale would offer 4 bedrooms en-suite with an ocean or lagoon view including a pool, for example.
“Pezula Golf Estate provides residents with the peace of mind that they are in a safe environment with the added benefit of having access to world-class golfing. What more could one ask for?” van der Merwe concludes.

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