Constantia’s unique appeal and keen buyer interest is spurring ongoing development

Caption: DEVELOPMENT AND PROPERTY DIVERSITY SPURRING THE CONSTANTIA MARKET: Constantia has shown considerable resilience to the prevailing market conditions with ongoing development, including a brand new luxury offering of just three designer homes in one of the suburbs last remaining prime sites. With units priced from R20 950 000 excluding vat, 75 on Rathfelder is the perfect investment or family home for the discerning buyer

Increasingly common subdivision and sectionalising of larger erfs, recently amended legislation allowing three dwellings per plot and ongoing demand are spurring development in the traditionally freehold suburb of Constantia, with the latest offering being an exclusive estate of just three designer homes.

According to Rouvaun McKirby, Joanna Thomas and Jacques Fourie, partner Area Specialists for Lew Geffen Sotheby’s International Realty, the growing demand for a more relaxed, secure lifestyle away from the hustle and bustle of the city is further fuelling development in the area.

“Remote working is quickly becoming the norm and, with close proximity to the workplace no longer a priority, a growing number of people can now live where they want to rather than where they have to and, for many, Constantia ticks all the right boxes and offers the best of both worlds.

“And because there are very few areas in the country that offer the same unique attributes and inimitable lifestyle, buyer interest has remained fairly constant, despite the economic downturn and the pandemic.”

According to McKirby, the median price is currently a very respectable R9.8 million with the 80th percentile at R13,5m, but perhaps the biggest indicator of the market’s strength is the fact that by the end of July, Upper Constantia had already generated R900m which places it firmly on track to achieve a record turnover.

“The average annual turnover has hovered around the R1 Billion mark for a number of years, and this year we have almost reached that amount with five more months to go.”

Fourie believes that the increasingly diverse property landscape is also attracting more buyers and driving sales.

“Due to all the recent development, buyers are no longer limited to traditional freestanding houses on large stands, and their options now include contemporary homes with smaller, gardens in secure upmarket mini-estates.

“These properties are especially popular with upcountry semigrants, young professionals with families and overseas ‘swallows’ who appreciate sleek modern design, high-end cutting-edge features and finishes and prefer lock-up-and-go-convenience.”

Designed with these buyers in mind, 75 on Rathfelder is situated at the pinnacle of Rathfelder Avenue overlooking the Rathfelder Meadow with panoramic views of Table Mountain, Devil’s Peak and False Bay.

“We are thrilled to be marketing this stunning new development on one of the last few remaining prime sites in Constantia,” says Thomas, “Being an exclusive enclave of three luxurious units built to exacting standards with close attention to detail and uncompromising quality it’s the perfect home and investment for the discerning buyer.”

Architecturally inspired by barn-style architecture, the modern interpretation is sophisticated yet in perfect harmony with the natural surrounds and the result is an inviting ambience of luxurious country living and relaxing tranquillity.

Controlled access, state-of-the-art security and 24-hour offsite CCTV monitoring ensure peace of mind and cutting-edge optional extras include: photovoltaic systems, three-stop elevators, solar water-piped underfloor heating systems, water filtration and pressure systems, glass climate-controlled wine cellars and C4 home automation and lighting systems.

“The idyllic location of 75 on Rathfelder feels like a million miles from civilisation when, in fact, you are only 20 minutes from the city and a stone’s throw from an array of world-class amenities,” says Thomas.

“You are not only buying a beautiful home, but also an exceptional lifestyle in a spectacular setting peppered with lush vineyards, rolling hills and abundant stretches of protected greenbelt and outdoor enthusiasts are spoilt for choice with kilometres of biking and hiking trails as well as a number of well-maintained parks.”

A collaboration between DCCD Property Developers and Mira Architects, 75 on Rathfelder is due for completion at the end of 2022 and is jointly marketed by Lew Geffen Sotheby’s International Realty. Units are priced from R20 950 000 excluding vat.

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