Clara Anna Fontein, a new lifestyle estate in Durbanville, Cape Town in which Rabie is a joint venture partner, is taking the market by storm with buyers having snapped up just under 200 plots totalling more than R380million in the past couple of weeks.
And that is mostly due to word of mouth as these sales precede any major marketing campaign, says Colin Green, a director of Rabie Property Group, which is undertaking the development in a joint venture with landowners, the AFM Louw Family Trust.
The prestigious Clara Anna Fontein estate forms part of the Uitkamp farm on the Visserhoek Road amid the rolling hills of Durbanville.
The completed development, which borders a private game reserve, will comprise:
- 344 single residential stands
- 126 group housing stands
- 176 retirement opportunities
- A private school
It will also include a number of recreational and sports facilities including a fully equipped gym, a lap pool, tennis courts and a squash court as well as entertainment venues in the existing buildings for parties and functions.
Green said the original 18th century manor house on the estate is to be 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 first 259 single residential stands, which vary from 580m² to 3000m² with an average size of around 1100m² and priced between R1,15million and R3,5million VAT inclusive, are for sale at this stage.
These stands, most of which enjoy spectacular north-facing views, are all suited to executive-sized luxury homes and architectural guidelines to ensure an uncompromising and upmarket standard of design throughout.
Green said the end result will be an eclectic mix of styles from traditional to clean and contemporary builds incorporating glass, timber, steel and stone finishes.
The single residential housing element of the development is expected to attract a total investment of well over R1billion to Durbanville.
Green says the high security estate will boast 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.
For further details contact Johan de Bruyn on 082 881 2011 or email him on johan@louwcoet.co.za.