|ESHOWE, Zululand (July 130 - An increasing demand for homes in Eshowe has seen 85 stands at an approximate total value of R17m sold at the new Eshowe Hills Eco & Golf Estate - the first golf estate development in Zululand.|
Set on a 110ha site the estate comprises a total of 184 stands priced from R175 000 to R550 000. In phase one 74 of the 94 stands have sold, while 11 more stands have sold in the recently launched phase two - comprising the balance of 90 stands. The average size of the stands is 1 000sqm, with smaller plots of 550sqm and larger ones of 1 400sqm.
Marketing agent Simon Gardner of Pam Golding Properties Eshowe, says the bulk of buyers to date are from Gauteng, purchasing for holiday home or future retirement.
Although Eshowe's residential property market has experienced good growth over the past three years Gardner says it continues to offer extremely sound value for money.
Residential prices range from R320 000 to R1 million.
The estate includes a 100-year old top class 18-hole golf course designed by the late Bob Grimsdell, eight tennis courts and two squash courts.
Gardner says some first phase transfers have already taken place with the first two owner having taken occupation of their homes. The monthly levy of R930 includes two full memberships for adults for all the club facilities
Architectural design of the estate is Victorian Zululand - incorporating wrap-around verandas. Homeowners need on their sites within three years of taking transfer.