Bergvliet, has escaped much of the turmoil affecting real estate in the rest of South Africa.

Cape Town’s southern suburbs have long been one of the most exclusive areas in Cape Town, boasting rural park like landscapes backed by majestic mountain ranges. Constantia, with its history, wine farms, excellent restaurants and schools, craft markets, oak-lined avenues and Cape Dutch architecture has become the home of choice for those who want to retire or raise a family in a quiet, rural atmosphere.

One of the biggest draw cards to the Bergvliet area, for example is the proximity to the local Sweet Valley Primary School, say local agents.

Bergvliet Farm Estate is perfectly situated to take advantage of the excellent educational facilities in the area. This secure estate, developed by Invest Afrique (Pty) Ltd in association with LKC Investment Holdings (Pty) Ltd, present homeowners with lavish comfort comprised of 16 upmarket 3-4 bedroom townhouses ranging in sizes from 190m² (excl. double garage) to 250m² each with 2-3 full bathrooms, 1 guest toilet (all town houses include main bedroom en-suite).

Owners will enjoy a private back garden, double garage with direct access, and parking bay as well as communal, child-friendly green areas.

Data from Knowledge Factory’s specialist property division SAPTG, shows that Bergvliet, has escaped much of the turmoil affecting real estate in the rest of South Africa.

Comparing the first eight months of 2007 with the same period this year, SAPTG’s data shows 51 transfers recorded in 2007 compared to 47 in 2008 with the average price increasing from R1,855 million to R2,006 million including transfers of up to R3,175 million.

“The average value of transfers has increased with a nominal value of 8,1%”, says Dieter Deppisch, SAPTG’s National Training Manager. He explains that the nominal values exclude the eroding effects of CPIX inflation.

Phase 1 of Bergvliet Farm Estate has been completed and phase two is scheduled for completion in October 2008. Units are selling from R3 095 000 (no transfer duty payable) and are available for immediate occupation.

For more information, contact development director, Ari Laspatzis, on 082 573 4171 or 021 424 4325, or visit www.lkcholdings.co.zav

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