Strand House for sale / to buy

Twin Palms Strand, Western Cape, South Africa

Price: R1,020,000

A must to view, neat 3 bedroom, 2 bathroom (1 en-suite) home sittuated in Twin Palms. In a security complex with a single garage and 1 additional parking space. It offers a living- and tv room. Studio/4th bedroom in yard ideal for guest/hobby. Open plan kitchen. Twin Palms Suburb Information : General : A fairly “new” suburb with slightly smaller erven ( +400m 2) than the other suburbs is popular with first time buyers or people scaling down. Twin Palms offers a selection of popular complexes such as La Riviera , Duck Pond etc., meeting the demands of a wide range of buyers. The biggest part of the suburb only has 2 entrances (roads leading into it) – giving you the feeling of a more secure environment not in the main flow of traffic. Strand Private Hospital is a well-known beacon in this area that incorporates a green belt and a small shopping complex Property Market Twin Palms, a typical "scaling down to" neighborhood & very popular amongst starter families and pensioners, has of late experienced sales of up to +- R1000 000 for a 3 bedroom house of about 140 sq.m. Smaller 2 bedroom townhouses are already selling from about R650 000 to R800 000. The highest price for a 3-bedroom house achieved during the last few months was R1,05 million. The highest priced house to date had just been introduced to the market @ R1,235 million. Educational Facilities : A variety of secondary schools are available : Strand High - 2 kms from Twin Palms & Hottentots-Holand High (5kms), whilst the primary schools Lochnerhof Primary (2 kms) and Hendrik Louw Primary (2 kms) are also very close. The Soteria complex in Die Bos has a fulltime crèche. Hoërskool Strand ( English - Strand High School) is an Afrikaans medium school with more than 1 000 students, headmastered by mr Christo Vorster. It offers grade eight to grade twelve (matric). Website : www.strandhigh.co.za . Adress : 205 Sarel Cilliers, Street, Tel: 021-8531056, E-mail: admin@strandhigh.co.za Hottentots Holland High School is an Afrikaans- and English medium school situated between Somerset West and Strand, alongside the N2 national road. It has more than 1000 students and 44 teachers. It offers grades 8 through 12 (matric). Tel : 021-8521405 Boland College is a Further Education and Training Institution. The Strand campus courses includes Secretarial, Human Resources Management, Engineering courses & the National Senior Sertificate-qualification. Sport Facilities : The Charles Morkel sport complex is about 1 km from Twin Palms. The Virgin Active (5kms), Strand Golf Club (4kms). Commercial Facilities : The Twin Palms Shopping Centre is situated along its northern side (on Broadway Boulevard). The Somerset Mall (regional shopping centre) is about 6 kms from Twin Palms. The quite extensive Southend Shopping Centre is situated on the c/o Gordons Bay Road & George Street – offering the best late night shopping option in the Strand, with a OK Bazaar, various take-away food venues (pizzas / burgers / chicken), after hours pharmacy, video shop etc. Strand Background Information : General : The Strand offers you the convenience of city-like amenities & a world-class beach area - without losing its small town characteristics. Located in the Helderberg basin on the eastern edge of False Bay, it is within 20 minutes of Cape Town International airport & 45 minutes from Cape Town's CBD. Within a radius of 10 kilometers, you will find a Regional Shopping Centre, a variety of sports facilities including 3 golf courses, choice of secondary and primary schools, top medical facilities with all national financial & commercial institutions represented. It has a population of about 50 000. Its main attraction is its 5 kilometers long sandy white beach – with a variety of water sports such as surfing, sailing, power boating, kayak & paddle skiing, wind-surfing & board sailing being enjoyed at various points along the beach front. Strand was founded in 1714 as a fishing town by Cape Malay slaves. It has evolved during the last 3 decades into vibrant part of the Helderberg basin, with a healthy mixture of retirees, families, business people & a seasonal inflow of holiday goers flocking to one of South Africa’s prime seaside destinations. The coast between the Lourens River mouth up to Rooi Els is very popular with beach fishermen and rock anglers, whilst organised and social diving activities beckon the more adventurous. Property Market : Properties in the Strand varies between entry level apartments of +- R300 000 to beachfront penthouses of more than R10 million & sea front houses up to R14 million. The biggest property growth points as of late has been the choice of new developments on Beach Road which is springing up - raising comparatives with Monte Carlo. Limitation on development ground bodes well in the long term for any property investment in the Strand. Capital growth rates achieved in the Strand during the 2004/2005 upswing in the South African property market, surpassed the national average rate of 23% by far...... Entry level units started in 2003 @ R90 000 for a 30sq.m 1-bedroom apartment - selling at present from R310000. That is a growth of 244% in 3,5 years or about 70% per year! Beach front apartments were selling in 2003 from about R6000 per sq.m to about R9000 per sq.m. Finding any beachfront property for less than R12 000 per sq.m is at present problematic. New developments has already been selling during the last 18 months for between R18 000 and R30 000 per sq.m - depending on its finishes and the unit’s location in the apartment block. The own title neighborhoods have of late seen a surge in renovations with owners adding value to their properties - fuelled by the price hikes experienced in the town. The more sought after suburbs such as Strand North, has experienced capital growth rates since 2003 of about 150 % (43% p.a.) - with the average house price raising from R450 000 to about R1,1 million. Affordability has during the last year became a problem in the Strand market, creating a "roll-over effect" of potential buyers to less expensive areas such a Kuilsrivier, Brackenfell and even Grabouw. The adjacent Gordons Bay has experienced very similar capital growth rates as the Strand. Future growth points in the Strand property market is the so-called AECI development node across from the Somerset Mall. This will be the last land available for development - eagerly awaited by investors.

Property Facilities Strand property

◊ Bedrooms: 3◊ Bathrooms: 2

◊ Entrance hall◊ Family / TV room◊ Security◊ Living room◊ Fireplace◊ Dining room◊ Kitchen◊ Store room◊ Garden◊ Single garage◊ Braai area◊ Automatic gates

Contact Details Strand property

Jeanne Siebert Tel: 0726261260 Cell: 0726261260 to e-mail this agent   More properties by: Jeanne Siebert   View all properties by: Cape Coastal Homes

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