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Val De Vie Estate Expansions to set new benchmark in country living by scale & choice

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Val De Vie Estate Expansions to set new benchmark in country living by scale & choice

The expansion of Val de Vie Estate in the Paarl-Franschoek valley - following the acquisition of 322 hectares of the farm Kliprug, between Pearl Valley Golf & Country Estate and Val de Vie Estate, combined with the adjoining Levendal Development opposite the Berg River, has set a new benchmark for secure country estate living in the Boland and Western Cape.

 

Kliprug expansion between Pearl Valley & Val de Vie

The Kliprug land has approved rights for 1 094 residences, which includes single and multiple unit residential opportunities and also farms (to be developed as 17 Gentleman’s Estates – 4 will form part of a private nature reserve and 13 will allow for vineyards, citrus, olives or horse paddocks). The development will be incorporated into Val de Vie in phases over the next 10 years.

Pearl Valley will retain 20ha of the land, allowing for the development of an additional 150 stands within the existing Estate.

More than 75% of the new Val de Vie development will be allocated as green areas, to be utilised as vineyards, nature conservation, lakes, horse paddocks, parks and farmland. Both estates will retain their separate Homeowners’ Associations and stringent security measures. Roads and security gatehouses linking the two estates will be the first project to commence, and will enable Val de Vie residents taking up Pearl Valley Non-Resident Golf Memberships, to access Pearl Valley’s golf facilities by golf cart.

Pearl Valley Phase I was developed in 2003 and its Jack Nicklaus Signature Golf Course has consistently been ranked as one of South Africa’s Top 10 courses. The most recent being its seventh spot on the Golf Digest Top 100. Pearl Valley was again ranked Best Conditioned Course the Western Cape in 2014.

 

Levendal expansion across the Berg River:

Val de Vie has also purchased 93 hectares of land across the Berg River, along with all rights associated with the Levendal Development - including an extensive range of various residential and some commercial opportunities. The rights provide for 591 opportunities, enabling Val de Vie to become owners of the land on both sides of the Berg River and develop a bridge for use by residents of both estates only. This will link the estates with the R45, reducing the journey into the Stellenbosch CBD to 20 minutes and allowing quicker access to the N1; with an estimated 20-minute trip to the International Airport and about 30 minutes during off-peak hours to the V&A Waterfront in Cape Town.

With these developments planned on either side of the fence, Val de Vie and Pearl Valley will together create a lifestyle village that includes polo, golf, mountain biking, other sports and wine; unsurpassed in scale and choice anywhere in South Africa. Val de Vie and Pearl Valley have each built strong international brands. However, the expansion of Val de Vie will result in a luxury residential node with diverse offerings, multiple exits and access to two provincial roads, the R301 and R45.

 

Awards and Property Prices:                         

Val de Vie has during the last year scooped two international property awards in Dubai, winning a five-star award for Best Development, Multiple Units, and a Highly Commended in the Best Leisure Development category. The “Polo House” was also awarded the Best Single Unit Development in Africa and Arabia.

The Developent Company has now introduced the first lot of 16 erven for sale on the new Val de Vie phase 2 land. The erven range in size from 675m2 to 784m2 and prices from R1.195m to R1.550m.

Prices in the recently launched The Vines 2 ranges between R2.8m up to R5.4m - depending on the Plan and Stand you select.

Villas are available on resale from about R4 million to R15 million.

For additional information regarding these projects, please contact Anna Wiese (anna@cch.co.za / 072 331 1959) or Engela Smit (engela@cch.co.za / 083 293 0178) of CCH Luxury Property to assist you with this investment opportunity.

 

Author Benhard Wiese
Published 01 Jun 2015 / Views -
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