A new development,Clarens Mountain Estate, has been launched in the scenic Free State town of Clarens with stands priced from R700 000 to R1.25 million.
"There is something unique about Clarens - it has soul," says Sean Moore, CEO of Ziegler South Africa, who explains he made many trips there before the investment opportunity materialised.
He says he never fails to marvel at the surrounding beauty, the sense of remoteness, yet it's only a quick drive from Johannesburg, Durban or Bloemfontein; the friendly and tight-knit community, and its magical charm from the "cute little coffee shops to the numerous quirky art galleries".
"To have the opportunity to visit or live, nestled at the foot of Mount Horeb, with a sense of freedom, calm and safety this little town imbues, is as close to heaven as one can get,” says Moore.
Co-developer, Wayne Plit is the CEO and founder of the AFHCO Group, which owns, develops and manages inner-city residential, retail, commercial and light industrial property for rental purposes. The company has a portfolio of more than 5 000 residential apartments in 33 buildings valued at around R1.47 billion.
Plit, who is a collector of classic sports cars, was invited by BMW South Africa to attend the Mini 50th anniversary in Clarens in 2008 and showcase a unique Mini Cooper S that belonged to John Cooper personally. The experience ignited a "passion for and connection with Clarens", being an ideal location for hosting the many motor cycle and classic car club weekend visits and scenic Golden Gate drive-throughs.
Stands on this full title development scheme range from 1 289 square metres priced at R700 000 to 2 474 square metres priced at R1.25 million including VAT, conveyancing fees, Deeds Office fees, postage and petties.
Costs and charges, which are subject to change, that will be incurred by owners are a monthly levy to the Homeowners' Association of R1 400, rates to Dihlabeng Municipality and water and electricity consumed by the owner and the estate.
According to Linda Erasmus, CEO of Fine & Country International Realty sub-Saharan Africa, the agency marketing the development, affluent people all over the world group together when it comes to buying property. Security and privacy are key factors for those individuals, she says.
"It always starts with one person discovering the spot and the others following to have those benefits. Clarens Mountain Estate is one of those pockets in South Africa, which compete well with similar pockets offering the sea instead of the mountains, such as the V&A Waterfront, Porto Banus in Spain and others," says Erasmus.
For more information on the development, email Karin Schwim.