05 Jul 2013
The name Cotswold Downs conjures up images of peaceful English villages and gentle, rolling hills. Cotswold Downs Estate on the outskirts of Hillcrest in KwaZulu-Natal offers this kind of feeling. It is a secure golf estate, a little inland from Durban, which enjoys a mild climate and is geared towards family living.
Its biggest draw cards are its award-winning golf course, the spacious living and beautiful scenery, the family oriented atmosphere and amenities, and its five-star security. Lifestyle and security are the top reasons people choose to live on estates and, recently there has been a marked upswing in sales as Cotswold Downs’ popularity increasingly gains momentum.
The Wakefields Cotswold Downs Sales Team reports that recent sales figures for the estate were incredibly impressive, a total of 86 sales took place on the estate from December to June. Of these sales, five were house sales and 81 were land sales, and building is still underway.
Entry level land is currently around R475 000, while the top priced land sale to date has been R2 million. House prices are around R12 000 per square metre.
Wakefields notes that buyers recognise the opportunity to buy value for money sites. Demand for rental homes on the estate is also high and vacancies are taken up as soon as they become available.
Haydn Wakefield, Wakefields Director in charge of sales on the estate, says sales at Cotswold Downs are to end user buyers who plan to live on the estate and they move directly into the architectural planning phase rather than holding the land for an extended period.
He says with some of the provinces top private schools on the estate’s doorstep and its ideal proximity to Durban and surrounding areas, Cotswold Downs is the talk of the town, which is assisting in driving the excellent sales numbers seen over the last 12 months.
The estate lies on 222 hectares of lush land and offers 697 residential plots. Development began in 2005 and the estate will hold roughly 140 homes by the end of 2013.
Cotswold Downs prides itself on its pristine golf course, which is attracting many to the estate. The R52 million USGA championship course was designed by leading golf course architect Peter Matkovich and was voted the best conditioned course in 2009 and 2010 by Compleat Golfer.
The estate is low density, so residents enjoy an open and airy existence, with no more than three units per hectare. There are eight villages dispersed around the golf course, and the architecture of each is in keeping with the earthy coloursand texture of the English Cotswolds.
Another of the biggest appeals of Cotswold Downs is its child-friendly atmosphere and amenities – it’s just the sort of healthyl environment you would wish for your children. There are six parks as well as play areas being kitted out with swings, slides and jungle gyms. Children can run around and explore indigenous forest andwetlands, and there is also rich birdlife on the estate.
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