New Applegarth Estate offers best value-for-money estate living on the Peninsula
Applegarth Estate is a new eco-friendly estate located just two minutes from Constantia Nek. Building is underway and the first luxury house is complete, says Mr Ashley Larter from Seeff Hout Bay who is marketing the estate.
It offers top class security and 30 contemporary architectural homes arranged around a lush greenbelt and up onto the ridge where you can enjoy uninterrupted views across the valley. Plots vary in size between 650sqm-1047sqm. Plot prices range from R1.695m and from R4.995m for a plot-and-plan option, all inclusive of VAT (Value-Added Tax) and with no transfer duty payable.
There is a choice of house designs in single and double storey options offering three to four bedrooms and an optional swimming pool. There is also a five-bedroomed option available. The finishes are superb and include freestanding baths and double basins for the master bathrooms, open-plan living areas, decks and fabulous views of the grounds. Properties located higher up enjoy uninterrupted landscape views.
Buyers can also use their own builder and architect. Floor plans can be drawn to suit their own unique living requirements, says Mr Larter. External aesthetic guidelines are in place to maintain the overall look, feel and character of the estate.
The design and landscaping aim to incorporate the natural surroundings, particularly the wetland areas and trees. The plot layouts were carefully considered for minimal disruption of the existing mature trees and to maintain as much greenery as possible while maximising privacy. The natural mountain colours and textures are reflected in the stone cobbles and natural stone cladding used as feature elements.
The secure lock-up-and-go nature of the estate appeals to those looking to scale down as well as for foreign "swallows" from abroad and is ideal for families given the close proximity to top schools, says Mr Larter. The estate also offers easy access to schools and amenities in the Southern Suburbs. It offers a secure and inspiring lifestyle combined with quality homes. The estate is well priced when you compare it to family homes in the Southern Suburbs and on the Atlantic Seaboard.
Hout Bay has a lot to offer buyers, he says. It is a popular tourist area with stunning beach access and attractions such as the Harbour and World of Birds. It offers a host of amenities including retail and services along with leisure, restaurants, schools and more. It is also home to Chapman's Peak Drive which, along with Victoria Drive offers among the most scenic cycling, running and drives in the world.
Hout Bay boasts a dynamic property market and property owners have seen excellent capital value growth over the last 5-10 years.
Applegarth Estate in Hout Bay where you can invest in a plot from R1.695m and R4.995m for a plot-and-plan option, inclusive of VAT (Value-Added Tax) with no transfer duty payable
Author: Gina Meintjes