There are now just three stands left for sale at Brandwacht aan Rivier, a secure lifestyle development located on the mountain-side of the R44 linking Stellenbosch and Somerset West, on the banks of the Brandwacht stream.
Nine homes have already been completed and occupied, with a further 34 owners currently in the process of building.
Residents enjoy a safe country lifestyle with mountain views and extensive green areas, including river-side walkways, parks and beautiful gardens.
Pam Golding Proprties’(PGP) manager for the project, Louise Varga, says the development’s initial launch to market in late 2010 saw 80 percent of the 120 stand sold within the first three weeks. The first transfers occurred about a year later and the estate has since seen a number of re-sales, with healthy return on investment.
Varga says 26 of the stands have been re-sold since transfers occurred in November 2011 and PGP concluded nine re-sales in April/May 2013 alone. She says re-sale prices have shown exceptional growth of between 30 and 40 percent – some stands which were initially bought for R995 000, for example, have sold at R1.4 million. She says by far the majority of the re-sales have been to local buyers from Stellenbosch and Somerset West, purchasing to live on the estate.
Just three plots are still available for purchase, sized between 765 square metres and 893 square metres, and all priced at R2.5 million through Pam Golding Properties.
The final three stands are sized between 765 square metres and 893 square metres, and are all priced at R2.5 million.
Brandwacht aan Rivier is developing fast, with nine homes already complete and occupied, and a further 34 owners currently in the process of building. PGP agent, Diana van Graan ,says the existing residents are already making the most of the lifestyle, with parents enjoying evening strolls along the waterside while their children play in the parks and ride their bicycles on the streets.
She says 24-hour manned security is in place, while an electric fence secures the perimeter of the estate. “The gardens are also fully established and a series of owl boxes has been placed at strategic intervals along the riverside walkway, to attract these night-time visitors.”
Van Graan says it is clear that the tranquil, safe environment promised by the developers has become a reality and residents have a quick and easy drive into Stellenbosch for work, shopping and medical care; while top schools like Rhenish, Paul Roos and Eikestad Laerskool are just a few minutes away. At the end of the day, she says owners can return to a pristine and peaceful country setting where they can relax and leave the pressures of the workday behind them.
For more information, contact Diana on 021 887 1017 or via email
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