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New security estate to meet growing demand in Nelspruit

Security estate homes are in such great demand in the Nelspruit area that over 70% of the first phase of the newly launched Chestnut Valley estate was sold within the first two months of entering the market. This is according to Maurice Lodewick, Broker/Owner of RE/MAX Lifestyle Estates Nelspruit, whose office services Nelspruit and the surrounding areas.


 
He notes that Chestnut Valley offers buyers medium-sized, freestanding homes within the confines of a secure, walled perimeter. “Ranging in price from around R1.4 million to R1.65 million, this security estate offers those seeking peace of mind a well-priced option located in one of Nelspruit’s popular upmarket suburbs known as Sonheuwel Ext 1. Its location and the fact that it is priced right has led to the estate being among the most highly sought-after within the Nelspruit area, with many buyers interested in purchasing a property here,” says Lodewick.
 
Adrian Goslett, CEO of RE/MAX of Southern Africa, says that demand for security estate living is not isolated to just Nelspruit. He points out that security is often a deciding factor in where buyers choose to live, which why demand for secure estate living has seen a massive increase over the last few years.  “In fact, several developments have been launched to address the large number of buyers seeking these kinds of properties. The demand for these homes has made them excellent investments, with many offering a healthy return over the medium to long term.”
 
According to Lodewick the homes within the estate comprise three bedrooms, two bathrooms with an additional guest bathroom, a lounge, dining area, kitchen with a scullery, covered patio with a built-in-braai and a double garage. The homes range from around 193m2 to 203m2 in size and are built on stands averaging approximately 500m2, which are walled or fenced. Aside from the security aspect contributing to the estate’s popularity, Lodewick says that other draw cards include the development’s family-friendly environment with features such as a children’s play area and open public spaces.

“Many buyers are also attracted to the fact that the homes are sold off-plan and they will be the first to live in them.  Purchasing a newly-built home means that there is no need for any upgrades or costly repairs – the home is ready for the homeowner to move into and make themselves comfortable.  The features of newly constructed homes should also hold up better than those of existing homes, which may have experienced years of wear and tear,” says Lodewick. “We have seen a number of buyers who want to avoid buying older homes because they are not sure of what they will be getting and could have to do a lot of maintenance on the property right from the start. Chestnut Valley offers buyers the chance to purchase a home that won’t require any maintenance at the onset.”
 
Lodewick says that the estate is ideally positioned, which also adds to its allure. “Chestnut Valley is a mere two kilometres from the local Curro private school and the Medi Clinic hospital. It is also in proximity to several other amenities such as restaurants, shopping facilities and a gym,” he adds.
 
According to Lodewick, although the first phase of the estate is likely to be sold out fairly quickly, buyers can expect to see the second phase of the development launched in the very near future with prices are anticipated to range from around R1.5 million to R1.8 million. 


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