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NEWS

Clara Anna Fontein logo

NEWS

Buyers snap up R550m in plots in Durbanville lifestyle estate

Buyers have snapped up more than 270 single residential erven totalling more than R550million at the prestigious Clara Anna Fontein lifestyle estate.

Buyers have snapped up more than 270 single residential erven totalling more than R550million at the prestigious Clara Anna Fontein lifestyle estate in Durbanville ahead of the official launch prompting the developers to now release the second phase to the market.

The estate will be developed on the farm Uitkamp on Vissershok Road, next to Aurora and directly opposite d’Urbanvale. Clara Anna Fontein, its manor house with conference facilities and game area are well known and form part of Uitkamp, which consists of two areas. Portion 19 against the hill is a successful conservation and game area and portion 18 lower down is where residential development has been approved.

Colin Green, a director of Rabie Property Group, which is undertaking the development in a joint venture with the landowners, the AFM Louw Family Trust, says that pre-launch sales had been predominantly through word of mouth, and the results were exceptional.

“We held back our official marketing campaign while there were still some outstanding legal issues to settle in terms of appeals raised by the Durbanville Community Forum (DCF). This was in spite of the forum being unsuccessful in the High Court and the Supreme Court of Appeal, and having several costs awards against it.

“The DCF then petitioned the Constitutional Court to review the Supreme Court of Appeal’s decision, but this too was dismissed in December as according to the court ‘it bears no prospect of success,” says Green.

“Based on this decision, we appointed a civils contractor to commence with the construction of roads and services and will now proceed with our planned marketing campaign.”

He says all 259 plots in phase one in the 127ha luxury lifestyle estate have been sold as well as 17 in phase two. Phase two plots, which have an average size of over 1 200 m2, are being sold for between R2.1 million and R4.3m. Most of the plots enjoy spectacular north-facing views, and are all suited to executive-size luxury homes, which will be designed in accordance with the architectural guidelines for the estate, to ensure an uncompromising and upmarket standard of design throughout.

The completed development borders a private game reserve, and will comprise:

  • 344 single residential plots.
  • 344 single residential plots.126 freestanding single and double storey homes for buyers who prefer complete packages.
  • 176 retirement homes.
  • A Reddam House private school.

It will also include a number of recreational and sports facilities including a gym, a lap pool, tennis courts and a squash court as well as various entertainment venues in revamped buildings for parties and functions.

Green says the original 18th Century manor house on the estate will be fully restored and re-invented to provide a modern luxury lifestyle centre where residents will be able to enjoy a meal or meet friends for a drink.

The high security estate will have fibre to the home and include CCTV cameras on the perimeter and throughout, biometric access control, electric fencing and anti-dig barriers as well as 24 hour manned security.

The first transfers of residential stands are scheduled for September.

Call Johan de Bruyn on 082 881 2011 or email johan@louwcoet.co.za.

Posted on: 2016-02-25 08:56:33