For a rather small coastal village, Kleinmond that lies on the Bot River estuary between Betty’s Bay and Hermanus sure packs a punch when it comes to property.
This three bedroom, three bathroom entertainer’s home for sale in Kleinmond overlooks a golf course and has a swimming pool and garaging for four cars. It is selling for R6.995 million - click here to view.This is according to John du Toit, Seeff’s licensee for the Overstrand area, who says Lightstone transfer data shows that the market peaked in the 2005 to 2006 period with an average of about 210 to 220 transfers each year.
Subsequent to that and in line with the overall economic and market downturn, transfers dropped to around 90-odd each year.
However, Du Toit says the 2014 to 2015 period has seen a pleasant revival in market activity with about 130-odd transactions in 2014 and about 162 transactions to the combined value of R202.379 million at an average price of R1.249 million last year.
Outside of the affordable housing sector, he says the R800 000 to R1.5 million price band was by far the most active.
While still very much a holiday town and with a good dose of demand from retirement buyers, Du Toit says Kleinmond is also fast becoming a bit of a commuter town and a holiday home hotspot.
“We are seeing new people move into town on a permanent and semi-permanent basis by the month. There are now just over 5 500 permanent residents, and people from upcountry are fast discovering this little Overstrand gem,” says Du Toit.
This three bedroom en suite home selling in Kleinmond offers distant sea views, open-plan living areas with solid wooden floors and a braai room. It is on the market for R2.18 million - click here to view.“The village is close enough to the city to be the ideal weekend getaway, yet still small enough to offer a stress and pollution free coastal lifestyle. With nearby Hermanus now becoming quite developed, it is an ideal spot to live in or own a weekend or holiday home.”
He says it is particularly scenic with surrounding mountain and fynbos landscape views, not surprising since it lies in the heart of the Kogelberg Biosphere, says the licensee.
“The world-famous wild horses of Bot River is another unique attraction in the area, while the rocky coastline and beautiful white sandy beaches offer plenty of outdoor pursuits that you can indulge in, from hiking and cycling to horse riding, bird watching and fishing,” says Du Toit.
“You can also catch a spot of whale watching during the June to September period annually. Those who are lucky enough to live close to the ocean can even see these and other creatures such as dolphins without having to venture out of the house.”
There is good infrastructure including a primary school, but Hermanus is only about a 30-minute drive away for everything else including top-class shopping, high schools and even a private school. The Arabella hotel, spa and golf estate is en-route, only about a 10-minute drive away.
This three bedroom, two bathroom home for sale in Kleinmond boasts uninterrupted views of the ocean and mountain, and is located only a short distance from the beach and lagoon. The home has a fireplace, patio and balcony, and is selling for R1.69 million - click here to view.For those looking for a luxurious golf estate lifestyle, Du Toit says the development is an ideal choice. There are stunning villas with luxury finishes around the golf course to choose from. Prices range from R3.5 million upwards. Owners, of course, have access to all of the luxurious facilities on offer at the hotel as well as the golf course.
“For such a prime coastal area, the prices in Kleinmond itself are still particularly affordable,” says Du Toit.
“You can, for example, still find a vacant plot here for as little as R500 000 and a three bedroom flat for under R800 000. Even houses start at around R800 000 in the village.”
Closer to the ocean or those with excellent views, prices tend to range to around the R3 million mark for a luxury family house and to about R6.955 million for a top-end spectacular home on 4 000sqm riverfront plot with a fully irrigated designer garden.
The home enjoys stunning views of the Palmiet Mountains and is surrounded by nature and overlooks the Kleinmond Golf Club.
According to the agents, Mike Tribelhorn and Pam Smith, the architecturally-designed house includes spacious living areas with a fireplace in the lounge and opens to a large outdoor area with braai facilities, a jacuzzi and rock pool.
This four bedroom, four-and-a-half bathroom home selling in Kleinmond has various living spaces for leisure and entertainment. It has two lounge living rooms, a dining room with a gas braai and pizza oven and two kitchens. It is on sale for R5.1 million - click here to view.There are three bedrooms, a second lounge with a bar on the upper level that opens to a balcony and stunning views, as well as a separate guest cottage. Other features include a borehole and top-class security.
Considering what you can still buy here for under R1.5 million, Du Toit says you could quite easily sell in the city, relocate here, invest in a lovely home and enviable lifestyle and still have some money left to start a business.
If you are in an industry where you can work remotely, he says you are in for a real treat here.
“While still very affordable, property values are increasing. The average price has basically doubled in the last ten years and the last few years in particular, we have observed good price growth,” says Du Toit.
“Given that we were effectively still operating in a low-growth economic climate, it certainly points to the potential for excellent capital value growth once the economy gets back on a growth trajectory.”
In the meantime though, he says those who are smart will put their money into bricks and mortar here.
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