While golfing is often a strong motivator for those who invest in golf estate homes, these estates are about much more than just golf, says Seeff Centurion managing director, Steve van Wyk.
Located at the Blue Valley Golf Estate on the fringes of Centurion, this country lifestyle home is selling for R3.6 million through Seeff Properties Centurion.
He explains that estates, especially situated near major commercial centres, provide the opportunity to live in a country-like environment away from the hustle and bustle of big city life, yet within easy reach of major business and commercial centres, top schools and tertiary institutions and medical facilities.
An estate such as the Blue Valley Golf Estate on the fringes of Centurion offers large expanses of greenery and indigenous gardens, a river and lakes interspersed with walking/jogging and cycling trails along with a Gary Player golf course with a driving range and Pro-shop.
Residents also enjoy shared facilities such as a Clubhouse with a spa, wellness centre and gymnasium along with tennis and squash courts and a convenience store on the estate, says agent, Tuula Laycock.
Additionally, there is a restaurant along with boardroom and conferencing/banqueting facilities for up to 250 people.
One of the key motivators of these estates, says Van Wyk, is the top class security and safe lifestyle that residents enjoy.
The estates are generally enclosed with electrified perimeter fencing, have controlled access points and 24/7 guards that patrol the estate.
Naturally, this lifestyle comes with a premium, but one that buyers are prepared to pay for given the quality real estate and secure lifestyle on offer.
The Blue Valley Golf Estate for example is conveniently located midway between Johannesburg and Pretoria. It offers around 300ha with 1 500 freehold plots that range in size from 500 square metres to 1 200 square metres.
These estates provide a secure neighbourhood where residents can enjoy tranquil surrounds with clean air and the ability to walk around outdoors, and where children can play freely. There is also a sense of community among residents.
The cost of golf estate homes is influenced by factors such as the maintenance and upkeep of the grounds and shared facilities as well as the cost of security, he says.
“While these costs add a premium to the cost of real estate here, it needs to be borne in mind that residents enjoy blue-chip facilities.”
The Blue Valley Golf Estate for example is conveniently located midway between Johannesburg and Pretoria. It offers around 300ha with 1 500 freehold plots that range in size from 500 square metres to 1 200 square metres.
There are strict building guidelines so buyers are assured of investing in quality real estate that will not only retain its value, but will deliver capital growth as the estate matures.
Plot prices range from R550 000 for a small stand to R1.35 million against the fairway and house prices vary depending on the location within the estate as well as what is on offer, says Laycock.
As an example, Lacock says a 410 square metre home on an 810 square metre plot is selling for R3.6 million within the estate.
This double-storey home offers a Provençal-inspired lifestyle, unusual stone-clad walls, double-vaulted ceilings with exposed beams and stunning views.
It has three bedrooms and a study and extras such as an imported Norwegian fireplace in the lounge, German kitchen, under-floor heating, chandeliers and feature lighting, stunning wall tiles and an entertainment terrace and swimming pool.
While few properties have changed hands since the launch of the estate about 10 years ago, Van Wyk says complete homes sold by Seeff have shown an average capital value growth of 38.4 percent in the last five years with the average price currently at R4.083 million up from R2.95 million in 2007.
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