Positive market forces add to the evidence for an investment in this prestigious Hillcrest estate.
It is a well-known fact that the property market is largely affected by sentiment and one just needs to listen to the general market chatter to get the sense that there is an air of expectation that 2015 is going to be a good year for residential property.
Market commentators are predicting that, given current key indicators, the residential market is set for noticeable growth this year. Despite Eskom’s woes, inflation is expected to drop as a result of the knock-on effects of the low oil price. Interest rates should be kept at current levels until the end of 2015, at least, and it is particularly encouraging to note that certain specialised listed funds are now investing heavily in residential property, given the huge demand for rental stock.
Savvy investors in Cotswold Downs Estate will benefit greatly from the positive market outlook for 2015. Land prices are set to soar as the anticipated upswing increases demand. Furthermore, the new R25-million Leisure Centre is under construction and will provide wonderful lifestyle-enhancing facilities for homeowners. The 2 000m² Leisure Centre will consist of a restaurant, gym, squash court, tennis court and function room. This world-class facility is certainly going to add significant value to properties on the estate.
Despite all these facilities, the estate levy is among the most reasonable of all the major estates in the area. Cotswold Downs also provides homeowners with 10km of jogging paths and forest walks that meander the 50ha of indigenous forests. It is amazing to think that it is still possible to buy a three-bedroom, single-storey home for R2,5-million including VAT on this beautiful estate.
Besides vacant land from R737 000, buyers also have a choice of a wide range of homes, ranging from R4,1-million and off-plan package deals from R3,3-million.
Prospective purchasers are invited to meet the Cotswold Downs Real Estate specialist agents at their offices on the first floor of the Caltex Garage outside the gates of Cotswold Downs, to discuss the various options that are available.
** FEBRUARY 2015 SPECIAL
270m² single-storey home on a beautiful level 1 038m2 site with an indigenous landscaped garden, overlooking green belt land. Choose your designer finishes.
R3,5-MILLION including VAT (Terms and conditions apply)
Leon 083 327 2903; leon@cotswolddowns.co.za
Andrew 082 654 5062
Jacques 072 019 0346