Once viewed as a sleepy coastal village favoured by retirees, Simon’s Town in the Western Cape is rapidly establishing itself as an attractive suburb for families as well.
Pam Golding Properties has concluded 15 sales, valued at over R65 million, in the town since March last year. The most recent was a R5 million property, and the average sales price of a home in the area ranges from R3 million to R5 million.
“The residential property market in this beautiful part of the South Peninsula is showing considerable stability, and houses that are priced appropriately do sell,” says Rosalie Jack, Pam Golding Properties agent.
“We are seeing increased buyer interest from families wanting to enjoy seaside living, and the value for money that Simon’s Town offers. Many of the homes are within walking distance of the sea and the mountain, and the area offers a mix of properties, from historic cottages to expansive luxury homes.”
Alan Dunlop, also a Pam Golding Properties agent for Simon’s Town, adds that the recently launched Harbour Bay Shopping Centre, part of a billion rand investment, has significantly boosted the appeal of the area. When completed, the development will include a top-notch medical centre, a retirement village and residential units.
“Having lived here for almost nine years, I've come to realise what a gem of a place this is. In the past few years the interest from buyers has increased tenfold. There are also plans to upgrade the Glencairn Hotel and the annex, so while property prices are still very competitive, now is definitely the time to buy. For R2 million, one can still snap up a property with uninterrupted mountain views, or for those needing more space, a five bedroom house is on the market for under R4.5 million,” says Jeanne Cowan, Pam Golding Properties agent for Glencairn.
In addition to the new developments and refurbishments taking place, the Simon’s Town Civic Association, in association with businesses and residents, is developing a strategic plan to ensure that Simon’s Town retains its relevance, and that its local economy successfully integrates its many offerings, including tourist attractions and its naval history. The opening this year of an Imhoff Generation School campus in nearby Noordhoek will also greatly enhance the family appeal of this seaside suburb.
“Investors are seeing Simon’s Town’s growth potential, and this bodes well for the residential property market which caters for a range of buyers. House prices start at R1.7 million to upwards of R14 million for the higher-end properties,” say Jack and Dunlop.
“Homes that are priced appropriately are selling, and we are receiving enquiries from Johannesburg and other parts of the country, as well as from Capetonians looking to relocate to the coast,” says Jack.
Despite Simon’s Town’s growth, this suburb steeped in maritime history has not lost any of its charm, says Dunlop.
Contemporary developments and additions serve to enhance the perennial attractions for which Simon’s Town is known. For example, the new Tintswalo at Boulders Boutique Villa offers luxurious holiday accommodation overlooking the landmark beach that is home to the protected African penguin. Simon’s Town abounds with antique, curio and boutique shops, and there are many coffee shops and eateries to visit. The SA Naval and Warrior Toy Museums, among others, ensure that Simon’s Town’s colourful past is preserved and enjoyed.
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