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Strand property for sale

 
Property Price: R765,000
House in Strand: Affordable and attractive 2 bedroom cottage with large garage and splash pool. Set on spacious grounds.

Onverwacht / Die Bos Suburb Information :

General :

The residential area Die Bos was originally the farm Onverwacht which was sold off in 1990 for residential development and renamed Die Bos. This suburb is conveniently close (2kms) to the beach and all major routes via its southern border – Broadway Boulevard. Its northern border is the future N2 toll road, its Western border the railway line & its eastern border the new Checkers Shopping Center on Broadway Boulevard.

Property :

Die Bos/Onverwacht has had several gated village developments, which has contributed, to the suburb growing into one of the most affordable residential areas in the Strand – an area where you can still buy a fairly large house for less than R1,2 million. This area has the biggest concentration of sectional title apartment blocks & own title gated villages. Starting prices for 1 bedroom apartments from 29 sq.m is about R310 000 & 46 sq.m 2-bedroom units is R360 000.

The own title townhouses in the gated village starts @ R540 000 for a 2-bedroom unit & from R590 000 for a 3-bedroom unit. This is the last vacant area for development in the Strand & has seen the tremendous growth during the last 2 years. Townhouses not within security complexes starts @ R700000 , whilst houses starts @ R 900 000 up to R 1,2 million.

Educational facilities : Strand High is about 2 kms from Die Bos, whilst Lochnerhof Primary (2 kms) and Hendrik Louw Primary (4 kms) is also very close. The Soteria complex 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
Gordon High School is situated on Cnr. Of De Beers Ave & N2. Tel :
(021) 8522540. The Principal : bjsimons@hsgordon.wcape.school.za . The school community consisted out of 40 educators, 7 non-educators and 1249 learners. Website : http://www.hsgordon.wcape.school.za

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 Die Bos. The Virgin Active (5kms), Strand Golf Club (4kms).

Commercial Facilities :
New Shoprite Shopping Centre & a Caltex garage with a 24 hrs shop just opened its doors on the eastern side of Die Bos, whilst the Twin Palms Shopping Centre is situated along its southern side (on Broadway Boulevard). The Somerset Mall (regional shopping centre) is about 6 kms from Die Bos.

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 6 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.

Strand’s 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 nominated the best family beach in South Africa in 2007.

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 whilst own title varies between townhouses of R400 000 & 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 as well as the entry level market sectional title properties starting at about R340 000.

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 5 years or about 48,8% per year! Capital growth has since the beginning of 2008 virtually flattened out – on par with the national trend.

Beach front apartments were selling in 2003 from about R6000 per sq.m to about R9000 per sq.m. Beachfront property is at present selling from +-R7 100 per sq. to R30 000 per square meter. The existing complexes on Beach Road can be categorized in 4 different price brackets according to “age & finishes” with the average price per square meter:
1. Older than 20 years = R 7100 to R13 500 per sq/m
2. 10 – 20 years = R11 000 to R15 000 per sq/m
3. 3 – 10 years = R11 000 to R22 500 per sq/m
4. new developments = between R18 000 and R30 000 per sq.m - depending on its finishes and the units location in the apartment block. Resales are between R16 000 & R24 700 per sq/m.
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 between 2003 & 2008 of about 150 % (30% p.a.) - with the average house price raising from R450 000 to about R1,1 million. Capital growth in the Strand has during 2008 dropped from the abovementioned high levels along to less than 10% with the rest of the country – with buyers taking control of the market.

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 experience very similar capital growth rates than 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 Strand
 
Strand Property
 
» Bed's - 2
» Bath's - 1
» Living room
» Swimming pool
» Kitchen
» Garden
» Single garage
 
Strand Property Contact
 
 
Benhard Wiese
CCH
Tel: 021 - 007 0038
Cell: 0846112293
 
 
 
 
 
Reference: 1125137
 
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