Neighbourhood 20 OCTOBER 2019
PROPERTY & LIFESTYLE
It’s a new dawn These days retirement is not about slowing down but rather an era to experience life to the fullest – and property trends reflect that, page 2
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RETIREMENT FOCUS: OUT WITH THE OLD
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Reshaping the future The changing face of retirement
HELDERBERG VILLAGE
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WORDS: CARLA REDELINGHUYS & SUPPLIED
he notion of retirement and perceptions of retirement villages are changing across the world. Those in the know tell us more about the South African landscape.
IMAGES: SUPPLIED & SHUTTERSTOCK
“There’s a shift from old age or nursing homes to lifestyle retirement villages to meet the needs of retiring Baby Boomers who are looking for a lock-upand-go lifestyle with modern resortstyle facilities. Village solutions need to offer excellent physical security, financial peace of mind, continuous care (should you need it) and a sense of community, says Arthur Case, brand marketing director, Evergreen Lifestyle retirement estates. “Our built environment is modern and aesthetically pleasing with access to high-speed internet, exercise, lifestyle and entertainment facilities. Our lifestyle centres are at the heart of our villages where most social activities take place and our care centres are world class, offering all aspects of care. More importantly, the culture of our villages is resident-centric. Our residents want to remain independent for as long as possible and above all, they don’t want to be patronised.”
EVERGREEN LIFESTYLE VILLAGE AT LAKE MICHELLE
RETIRING IN MAURITIUS
Vagn Nielsen, CEO, Helderberg Village in Somerset West, which next year will be celebrating its 33rd birthday, agrees that the landscape is changing. “I believe the retirement
village industry in South Africa is busy evolving. A sad reality is that the economic situation is denying most retirees from enjoying their hard-earned retirement dreams! Many people moving into retirement villages nowadays are starting their second careers. While this could be attributable to the economy, we’re definitely seeing that a large majority of new retirees are simply not accepting the traditional retirement age of 60 to 65, and are still actively involved with business or professional activities. “With the above in mind, your traditional ‘old age home’-styled retirement villages are no longer attractive and need to adapt to remain competitive and desirable to new retirees. People are no longer moving into retirement villages to play bowls and have afternoon naps! The first questions from prospective buyers are normally ‘what speed is the fibre optic network’, ‘are streaming services available’ and ‘how do we connect to the Wi-Fi network’. The world is rapidly changing and with that, so are people’s demands and requirements. Retirement villages need to keep up with technologies that facilitates people’s lifestyles. Helderberg Village offers a bouquet of services to the modern retiree, ranging from state-ofthe-art security, modern facilities to meet the different lifestyles of retirees, excellent healthcare facilities and
Mauritius offers the perfect opportunity for retirees to adopt a different lifestyle in a reasonably priced environment close to South Africa, says Jonathan Tagg, project director, Pam Golding Properties Mauritius. The north and west are the most popular areas for expats. The island is safe and sunny, with air quality rated among the best in the world by the United Nations Environment Programme. You can expect good healthcare and cost-effective domestic help in Mauritius, and an inclusive expat community. “The active outdoor lifestyle encourages healthy living,” says Tagg. Les Résidences de Mont Choisy is the only real estate scheme retirement project open to foreigners in the north of Mauritius. It’s a stone’s throw from vibey Grand Baie, and near the only 18-hole golf course in the area. “The development caters to young-at-heart maturing couples, with a combination of housing and services that allows them to be as independent or as social as they wish to be,” says Tagg. “In the west we recommend Akasha Villas, where you can purchase your own villa with swimming pool. Like the other luxury developments we sell, Akasha Villas is close to shops, restaurants, nightlife, medical centres, the beach, leisure parks and golf. The development is immersed in a tropical landscape that is secluded yet safe. This is a major benefit of living in Mauritius,” says Richard Haller, director, Pam Golding Properties Mauritius. A property investment of US$500,000 (about R7,5m) or more secures permanent residency for the investor, his spouse, and dependants up to the age of 24. RABIE OASIS LIFE
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PROPERTY NEWS
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GROOT PARYS LIFESTYLE ESTATE
services, and sustainable financial reserves,” Nielsen concludes. Says John Chapman, director, Rabie Property Group, “People today are living longer, and a person aged 60 or 65 generally has a lot of zest for life. The adage of aging gracefully in a retirement home is no longer an option and therefore, retirement developments must rise to the challenge.
RETIREMENT HOTSPOTS FOR WELL-TO-DO SOUTH AFRICANS • Ballito and surrounding villages make up SA’s ‘luxury residential estate capital’. It’s home to Zimbali, Simbithi, Brettenwood and Dunkirk Estate, with more exclusive estates under construction. • Knysna is a top retirement destination. Residential estates here include Pezula, Simola and Thesen Island. • George, also among the most popular retirement options in the country, is home to residential estate Fancourt. • Hermanus is a retirement hotspot for wealthy Joburg and Pretoria semigrators.
“Retirees still want safety, security and comfort, but also want autonomy and be surrounded by modern amenities and a variety of activities, including outdoor exercise and exploration conveniences. Oasis Life is all about offering a fabulous lifestyle. We see retirement as a wonderful next chapter where the worries of a working life are no more, and you can focus on what you really want to do. “As such, we design our villages with community in mind. Our homes are contemporary in design, yet comfortable and practical. The lifestyle centre in each of our developments is the heart of it all, where you can find hotel-standard hospitality, a restaurant, library, games room, primary healthcare suite, and gymnasium with pool.”
Source: South Africa Wealth Report 2019, AfrAsia New World Wealth EVERGREEN LIFESTYLE VILLAGE BERGVLIET
According to Reon van der Merwe, realtor, Groot Parys Lifestyle Estate in Paarl, “We find that people tend to buy earlier in the last phase of their lives rather than later. They would then rent out the house and only move in when they start needing care. Because new developments are lifestyle developments rather than typical old age homes, they will also move in at a younger age and enjoy the lifestyle amenities.” Jacques van Embden, MD, BLOK explains, “I think a huge focus has been placed on the shift from health to wellness, understanding that many people want to feel empowered by the move to retirement versus being forced to do so as a result of poor health or family pressure. “Our development has been designed with wellness and community in mind; we imagine our residents leading full and rich lives, both in the community of the building, as well as in the surrounding neighbourhood. We believe in the power of urban living and community. We’re deeply passionate about creating buildings that are beautiful homes within homes; community is at the heart of everything we do.”
DID YOU KNOW? • Between 2015 and 2050, the world’s population aged over 60 will almost double from 12% to 22%. • By 2020, people aged 60 and older will outnumber children younger than five years. • In 2050, 80% of older people will live in low- and middle-income countries.
Source: World Report on Ageing and Health 2018, World Health Organization EIGHTONN, BLOK
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To claim your piece of Mauritius, please contact: Derrick Mace +230 5 423 5072 • projects@pamgolding.mu
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PROPERTY NEWS
20 OCTOBER 2019
Neighbourhood
Release your inner child
There’s such a range of cool kids’ decor out there today, that fun as it might be to explore them, you may find the task overwhelming. The experts have a little advice. WORDS: ANNE SCHAUFFER
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here are two aspects to decorating a child’s room. Firstly, a theme, and then, making it functional – never overcluttered – within that theme. Your child may know what theme they’d like, but if not, trends abound. Pauline Parker, founder and owner, Ma Petite, suggests two: floral patterns, and back to nature. “Floral walls in both wallpaper and wall stickers are big, making walls the focal point of the room. Classic peonies and roses have taken over, creating a soft feminine space for little girls. Pair the bold flowers with solid colours on the bedding and soft finishes in complementary shades for a romantic bedroom.” And nature? “Children’s rooms should be a place where imaginations soar. The inclusion of cute woodland, tropical and safari animals brings the beauty of nature back inside. These animals can be incorporated into all aspects of the room from hanging animal heads, wall stickers and bedding. I love including animal prints with other natural beauties such as rainbows, forest trees, and moon lights. This theme works beautifully with natural wooden pieces and woven baskets.” Leigh Cattell Interiors’ is designer for the Simply Child brand. Leigh
feels we should be mindful that this is a kids’ room and not our lounge or our chosen taste level, “but” she says, “it does need to be inspiring. It’s about creating a space which ties together through colour and texture”. Leigh is strong on pointers to be considered first, then interpreted within the chosen theme. Some are “zones”, others are considerations. Take a bed – it can be anything from a car to a house, depending on your theme – find themed linen to pull it all together. “If your theme is dinosaurs, incorporate dino linen, dino paw vinyls on the wall, and a dino light. The entire room doesn’t need to be dino – bring the room to life through paint or wallpaper (a feature wall really helps to tie together a colour scheme). Here are her top priorities:
Play furniture
Bring our “traditional” outdoor play, inside, by incorporating slides, climbing walls and balance boards. This is a great tool for bringing in natural texture and wood into the room design, to off-set plastic toys. Other great ways to incorporate play is through tepees or mini furniture sets, and so on.
Role-play corner
This can be a space for making forts or camp outs or tepee fun, a mini stage
for concerts or even a space to set up a teddy bear school. Allow your children to be young, and use their imaginations for make-believe. This is the best kind of stimulation. It’s also something they can play with you, with friends or alone for some down time. (This could also be the bed – a draped canopy over it.)
Art creativity
There are multiple ways to achieve this. A kids table and chair set, a wallpaper roll, blackboard, or even paint the wall with chalk paint.
Domesticity
Kids love impersonating parents – the way we cook, bake, wash and iron or shop. Kitchen or countertop set ups in bedrooms work for this
type of play. Include pots, pans, tea sets, mini stove and so on.
Floor space
Depending on bedroom size, allow floor space for creative games, puzzles and building. A cluttered room can overwhelm kids, so allow for easy moving around furniture to create this space.
Reading
Create a reading corner with book shelves or ledges for easy reach, along with a floor cushion or two, or a rug for comfort – a great way to spend quality time with your kids.
Accessibility
We often design elements for an adult in a kids room. Rather place
storage boxes and shelves at a kids’ height to empower them to unpack or tidy up toys for themselves, as well as hanging jackets or towels on hooks at a lower level. These small changes can lead to some independence and ownership of their own bedrooms.
Storage
When decorating, make storage top of mind – it comes in all shapes and forms. Large book shelves or cubes with drawers/baskets/canvas holders for toys. Consider labels for easy pack up at the end of the day. This way toys last longer, don’t get lost and you can rotate the toys – this gets much more use out of them. Other solutions are toy boxes, sacks, standing storage bags, under-bed drawers, and school lockers in metal or mesh.
20 OCTOBER 2019
Neighbourhood
FOCUS ON: THE WESTWOOD
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Quintessential by design A brand-new development is set to launch in Observatory
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lways one step ahead, Rawson Developers realised the need for affordable yet luxurious apartments in Observatory, Cape Town. Following the success of The Winchester, they will be launching another development – The Westwood – on 23 October. “We’re proud to have over 3,000 homes across more than 50 successful developments to our name – a name that we’ve built on a foundation of quality workmanship and excellent service. Our more than 20 years in the business means that we know every aspect of property development – from the conceptualisation phase through to the launch of each new build. And it’s through our meticulous planning and in-depth local property knowledge that
we give our investors access to some of the best real estate opportunities in Cape Town,” says Rawson Developers managing director Carl Nortje.
metal detailing converge with dramatic accents to create a building that demands attention and stands proud against the magnificent outline of Table Mountain.
The Westwood offers a lock-up-and-go lifestyle. From the sharp sleek edges through to its beautifully appointed living spaces, this distinctively bold apartment block offers secure care-free living at its best.
The Westwood comprises 64 designer apartments with state-of-the-art security. A scenic rooftop entertainment deck with heated pool and outdoor gym overlooks some of the best views of Table Mountain and the Mother City.
The Westwood has been masterfully developed by the same architects and design team behind its iconic neighbour, The Winchester. Thousands of hours have gone into defining and refining the concept for this distinctive structure. And the result is truly remarkable – a carefully considered contemporary design where clean lines and back-lit
Dynamic and bohemian, Observatory’s unique character makes it the perfect address for students and professionals alike. Observatory has retained a villagelike feel despite being located just 5km from the CBD and minutes from UCT’s main campus. UCT has ranked in the Top 200 universities in the world as published by Times Higher Education.
There’s a strong sense of community in this lively suburb, and locals gather regularly at its many restaurants, cafes, coffee shops and bars to enjoy live music or a good meal.
work they’re already doing to raise awareness and support for women’s rights. Rawson Developers has also partnered with Greenpop and has pledged to donate 10 trees per unit sold.
Obs also has an active neighbourhood watch and an Observatory Improvement District (OBSID) dedicated to, among other things, nurturing the unique ambience, charm and diversity of Observatory village as a meeting place of artists, intellectuals, professionals, workers, residents and visitors.
While The Westwood offers a range of unit types to cater to different lifestyles and requirements, all apartments feature the same bold design elements and high-end finishes that set this development apart. Floor-to-ceiling glass doors and windows make natural light an integral feature and accentuate the magnificent mountain and city views; views that can also be enjoyed from the balcony of each apartment.
With The Westwood being its second development in Observatory, Rawson Developers partnered with community project Rape Crisis SA, where R5,000 will be donated for each unit sold to assist them in continuing the wonderful
The Westwood is truly in a league of its own!
THE UNIT TYPES ARE AS FOLLOWS: Micro apartment A carefully designed layout and clever use of space makes this the ideal apartment for students. Size: 34m2 Price: Starting from R1,2m Hybrid studio Open-plan living and entertaining make this an outstanding choice for students and young professionals. Size: 38m2 to 64m2 Price: From R1,5m One-bed apartment Offering a practical, open layout, these one-bedroom apartments are the perfect starter home for couples or young professionals. Size: 50m2 to 78m2 Price: From R1,65m Two-bed apartment These two-bedroom, two-bathroom homes offer generous entertainment and living areas. Size: 71m2 to 97m2 Price: From R2,55m
EXPERIENCE IT FOR YOURSELF The Westwood info@rawson-developers.co.za thewestwood.co.za
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PROPERTY NEWS
20 OCTOBER 2019
Neighbourhood
Retirement property decisions and your estate W
hen it comes to scaling down for retirement, searching for the right home is probably the most important decision you’ll need to make. And, according to Cape Town conveyancing attorney and estate law expert Michelle Dommisse, director, Michelle Dommisse & Associates, it’s a decision that can also have a significant impact on the inevitable “end of life legalities” we leave behind. “Today there’s either the option of investing in a life right or a sectional title unit,” explains Dommisse. A life right is usually the more affordable option, especially because there’s no transfer duty payable on purchase. Another advantage is that there’s no heavy maintenance for owners and levies are usually forecast in advance. When the purchaser dies, there’s no capital gains tax payable and the full purchase price is refunded to the owner’s estate, less a small administration fee.
long-term capital appreciation. If one has decided to live in an area that’s in high demand and is consistently going up in value, it makes sense to want to achieve 100% of the profit, and even with the inevitable capital gains tax penalty, this could still greatly benefit your estate when the time comes to sell,” she explains. “Having said that, I find that in many cases it boils down to an emotional rather than a financial decision. There’s something very appealing about owning your own home, having pets or a garden, especially while you’re still fit and want your independence and space.
In many cases, life right options do allow pets, but the process is restrictive because of the apartmentstyle model and small spaces.
can take up to a year to wind up, so funds which are usually placed in an investment on behalf of the family will be subject to income tax,” she adds.
How can this choice effect one’s estate? “The importance of a well-drafted will for those who want to provide for the best interests of their loved ones cannot be underestimated,” Dommisse says.
But how does property ownership affect an estate? “One of the most common things I hear from my clients during estate planning is, ‘Everything needs to be fair. I have five children and five properties, so just divide my estate equally’. This means that each child will receive a 20% ownership of five properties, whereas it would actually be better to leave each property to a specific individual. The reason for this is simple: transfer duty is not applicable
“Apart from estate duty, which is applicable for any estate over R3,5m, there are ways to structure an estate so that the inevitable implications of capital gains and income tax are minimised. Remember, an estate
when property is bequeathed in a will, so an enormous amount would be saved for the estate,” Dommisse explains. End-of-life legalities can be complex, says Dommisse, who warns that even small oversights can be costly. “Unfortunately, an off-the-shelf will, as opposed to using an estate expert can end up costing your loved ones. A simple example would be the absence of a special clause that states that your appointed executor does not have to pay a bond of security to the master. If this is not stipulated, it can end up costing 0.5% of an estate, unnecessarily.”
“A life right is an excellent retirement option, but like everything it also has its risks. I always ask my clients if the life right they are buying includes a frail care facility, because in many cases, residents are only allowed to live there as long as they can live independently,” Dommisse says. So how does this compare to sectional title retirement options? As is the case with most property purchases, the concepts of lifestyle and location are key and there’s no doubt that both drive
Place your bids! A
diverse array of residential and commercial properties with lucrative investment potential is available to purchase on BidX1 South Africa’s next online auction on 6 November. “These incorporate a good selection of properties which include private sales, bank sales, liquidations or insolvencies, and some commercial properties,” says MC du Toit, CEO, BidX1 South Africa. “Some of the highlights on this next auction are prime residential properties in Bryanston, Dunkeld and Parktown in Joburg, while on the commercial side there’s a welllocated 13,6ha development site in Erasmia in Centurion and other properties situated in Mamogaleskraal and Brits in North West Province, and Kempton Park. Also in the
commercial space is a factory and retail showroom in Vredenburg and a development stand in Vanderbijlpark.” The four-bedroom, four-bathroom house in Bryanston is within a newly-built cluster, with easy access to Sandton and good schools and has an opening bid of R2,1m, while the five-bedroom, three-bathroom home in the upmarket suburb of Dunkeld West has an opening bid of R4,5m. With a reserve price of R2,8m and an opening bid of R2,5m, the fourbedroom, three-bathroom Parktown property is also ideally located close to major shopping centres. “In addition, an interesting investment opportunity has presented itself with nine fully-tenanted two- and one-bedroom apartments in a low
maintenance, face-brick complex in Eastleigh Ridge in Edenvale, Joburg East, listed with a reserve price of R5m and an opening bid of R4,5m,” adds Du Toit. In the sought-after suburb of Fresnaye in Cape Town, close to all local attractions such as the V&A Waterfront, Sea Point Promenade, Clifton, Camps Bay and CBD, an ultra-luxurious triplex penthouse is being sold fully furnished with a reserve price of R16,45m and an opening bid of R14,5m. The unit comprises three floors with a direct lift entrance to the middle floor and with 24/7 security personnel on site. There are also three secure undercover parking bays and a store room. In KwaZulu-Natal, several properties on auction include a three-bedroom home in upmarket Zimbali Coastal Resort and Estate in the Ballito area on the North Coast, as well as homes in Kingsburgh just south of Durban, and a house in Verulam, plus a spacious 5,121m2 erf in Ramsgate further down the South Coast, only 1km from the beach. Other notable properties are a rustic bush cottage and loft in Marloth Park Wildlife Sanctuary right next to Kruger National Park; a private game farm in a Heritage Reserve in Waterval-Boven in Mpumalanga, 25km south-east of Machadodorp in the Drakensberg escarpment; a six-bedroom home in a suburb called Liefde en Vrede in Joburg South; and a fully equipped guest farm in Montagu on Route 62 in the heart of the Klein Karoo.
Leadhome’s new analytics team harnesses AI
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eal estate agency Leadhome has created a new division focussed on providing the estate agent market with traditional and advanced analytics including artificial intelligence (AI). Louise de Beer heads this new business intelligence and data science division. “The role of data is becoming more indispensable by the day, regardless of your industry,” she says. “Real estate in SA is long overdue for positive and progressive change.” Simply having data and producing reports are no longer efficient in the sector, says De Beer. “This approach is overwhelming and distracting. Our goal is to generate the right insights for the right people at the right time. Consumers have data available for most other purchases, from household
goods and cars to investments. But so far SA’s property market has been fairly closed in terms of access to this vital information,” she says. “By giving them suburb trends, property indexes, previous ownership and property financing, Leadhome enables a level of transparency not experienced before.” Leadhome is currently implementing AI to automate property valuations through analysis of photos, market conditions, previous sales and input from property experts. Incorporating AI in customer relationship management systems will enable agents to predict the likelihood of a sale. “In doing so, we can make recommendations regarding timing of the sale and optimum price.” Leadhome will make the tool available to agents and also plans to offer the tools to customers in future.
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Life in the fast lane Durban home buyers are buoyed by regeneration and appeal of key hubs WORDS & IMAGES: SUPPLIED
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esidential property buyers in Durban have been galvanised into action, if Pam Golding Properties is anything to go by, with realistically priced homes selling within a week or two and even an apartment in soughtafter and trendy Florida Road in Morningside snapped up within an hour of the listing going live. This is according to Michelle Burger, the company’s area principal in Durban, who affirms that renowned Florida Road has transformed into a vibrant hub in high demand, with its eclectic vibe with sidewalk cafes, array of restaurants, boutiques, bars, clubs and historic buildings. “The success of the Florida Road hub has impacted positively on residential property in the vicinity. “The property sold in record time was a two-bedroom, sectional title apartment which fetched R1,45m. We’re certainly seeing sectional title units much more in demand, with apartments in older blocks going from R900,000 to R1,3m for two bedrooms. “Interest has picked up in the marketplace across the board, with buyers putting in offers, including cash acquisitions of two four-bedroom homes which sold for R3,3m and R3,146m respectively,” she says.
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“The Windermere and Morningside areas remain consistently strong, while Glenwood has also experienced a slight uptick in house sales. In Morningside, where average prices have increased due to high demand, homes in the price band below R3m are sought after, however, we’re concluding sales in the higher price categories and are currently negotiating a sale for just below R9m. Apart from Florida Road, addresses such as Montpelier, Innes and Lambert Roads remain popular.” Burger says due to the growing demand in the Morningside and Windermere areas, a number of residential developments have been brought to market in recent years – mainly taken up by young buyers seeking modern apartments in a convenient, central location with easy access to all major transport routes. “In the city centre, investors remain interested, but always seeking a bargain, such as one-bedroom units selling for under R150,000. Encouragingly, the eThekwini Municipality sees the potential in Durban’s central area, and, together with the private sector, is making a massive R62bn capital investment in its Inner City Regeneration campaign, which is expected to transform this key commercial hub. Durban’s city and beachfront areas have vast untapped potential, and
it’s gratifying to see business and government working together to achieve these goals. The Durban promenade has been a wonderful success and we look forward to seeing the final stage completed,” she says. Commenting on the Durban beachfront, Burger says in South Beach, twobedroom apartments remain in demand, mainly in the price band up to R700,000. “People like the lifestyle and are upbeat regarding the nearly-completed promenade improvements. In addition, one of my new agents has had great success in selling share block bachelor units in a block called Park View, ranging in price from R80,000 to R150,000.” Among other positives for Durban is the Go!Durban Integrated Rapid Public Transport Network. The city has also been in the headlines recently, with the International Convention Centre winning top honours towards the end of last year at the World Travel Awards, being named Africa’s Leading City Destination and Africa’s Leading Meetings and Conference Destination, while the Port of Durban was hailed as Africa’s Leading Cruise Port. In addition, King Shaka International Airport received accolades in this year’s Skytrax World Airport Awards for Best Regional Airport in Africa and Best Airport Staff in Africa.
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20 OCTOBER 2019
Neighbourhood
Why are eco-estates so popular? Security is only one of the many benefits... WORDS & IMAGES: SUPPLIED
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hile the security factor certainly plays an important role when deciding to live in a security estate, there are various other benefits that the lifestyle in especially eco-estates affords residents.
In Elaleni 17,5ha of the 46ha of the estate are made up of a protected and rare swamp forest with an enchanting raised walkway. There are also numerous conservation servitudes and beautifully designed and landscaped common spaces.
Tim Johnson, principal, Seeff North Coast, says the impact the spaces in which we live have on our lives should not be underestimated. “People often find it difficult to verbalise why a space makes them feel a certain way, but great spaces can make a person feel uplifted and invigorated. Fifty percent of the world’s population live in constructed, urban environments, therefore there’s a growing desire to live in spaces that facilitate community while also solving the problems of energy consumption, climate change and carbon emissions.
Johnson says it’s important that ecoestates are not only viewed as a home for the privileged few, but that they’re also recognised as sanctuaries that protect our natural heritage. “They’re places where we can encourage more balanced and connected communities through the creation of common spaces in a world where we sometimes don’t even know our neighbours.”
“Not only do eco-estates offer enhanced security, but they’re also playing an integral part in securing and rehabilitating vital ecosystems, encouraging sustainable building practices, building communities and reconnecting people with nature.”
North Coast
Johnson says it’s encouraging to see the commitment many of the established and new estates in the North Coast have made to the principles of greener living. “Established estates like Simbithi, Dunkirk, Brettenwood, Palm Lakes and Zimbali have in their own way already created vibrant communities, challenged traditional building practices, and protected some of our most precious fauna and flora, while newcomers like Elaleni and Zululamiare are looking to set new benchmarks.”
The price of land in Elaleni range between R1,635m to R3,85m and turn-key homes cost between R5,85m and R6,79m. Land in Zululami is available from R910,000 to R3,942,500 and sectional title is available from R2,024m to R4,19m.
South Coast
Janene Letcher, sales administrator, Seeff South Coast, says this area boasts three eco-estates namely The Farm, Tabamanzi and Bayhill. “These estates all have strict building regulations which all new homeowners need to adhere to. Fauna and flora is protected and Bayhill even offers a ‘hide’ where residents can enjoy bird watching. “Entry-level prices in The Farm are about R1,9m and can go up to R3,5m. Vacant land in this estate is scarce as no one is willing to sell. Tabamanzi is very small and is situated inside The Farm. The African design with thatched roofs offers 12 unique homes. Bayhill has entry-level prices of about R2m. While these environments allow people to live closer to nature, they also offer peace of mind,” Letcher says.