Strand House for sale / to buy

RENOVATERS DREAM Strand, Western Cape, South Africa

Price: R980,000

Renovaters dream in Strand North which offers 3 bedrooms 1 bathroom, living- & dinning room. Two flatlets with 1 bathroom single garage. Strand North General : Strand North borders on Melkbaai beach (Golden Mile) on False Bay in the south, the Lourens River and the Strand Gholf Course on the west, Main Road on the east & Broadway Boulevard on the north. It is a sought after suburb within walking distance to probably the best swimming beach in the Western Cape – with its safe (no shark attacks since 1927), warm water (12 – 21 degrees Celsius) swimming beach of Melkbaai. Property : Erf sizes are mainly 500m 2 – especially between Lourensrivier Street & the beach area, whilst a few are available between 800 and 1200m 2 in the area between Lourensrivier & Broadway boulevard. Large scale development started in the early 1960’s and the suburb has become popular with buy-to-renovate investors. Prices in Strand North vary between R800 000 and R2 million. Erfs can be valued @ about R1000 per sq.m. - depending on its proximity to the beach & whether it has sea views. Strand’s Golden Mile stretches from the bridge over the Lourensrivier up to Sarel Cilliers street along Beach Road. Educational facilities : Two primary schools, Lochnerhof (tel. 021 8547316) & Hendrik Louw, and the Mill Street art school lies within its borders. Pre-primary facilities available at the primary schools, as well as a few crèches in the suburb. 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 sports complex (rugby / tennis / squash & jukskei) is right on Strand North’s northern border. Strand Golf Club run alongside the Lourensriver, bordering on its western side. The bowling club is located right next to the railway line, about 2kms from Strand North. Water sports on Beach Road includes surfing, sailing , power boating , paddle skiing & board sailing The Pipe is a part of the beach marked off for surfers & is known for its big waves. Commercial Facilities : Strand North is adjacent to Strand Central where most of the commercial activity takes place. Somerset Mall is about 4 kms away along Broadway Boulevard (R44). A convenience SPAR shopping centre (includes pharmacy, doctor rooms, physiotherapist, video shop, home industry, electronics shop & an optician) next to a petrol station with a 24hrs-shop borders Strand North on the Broadway Boulevard. 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: 1

◊ Entrance hall◊ Family / TV room◊ Fireplace◊ Dining room◊ Kitchen◊ Garden◊ Granny flat◊ Single garage

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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