Rustenburg estate stands from R533k - Market News, News
Please note that you are using an outdated version of Internet Explorer which is not compatible with some elements of the site. We strongly urge you to update to a newer version for optimal browsing experience.
11 Jan 2013

Rustenburg Estate Stands From R533k

Phase one of the Schoongezigt development in Rustenburg was recently re-launched, comprising approximately 75 hectares in a natural setting with various plot and plan packages on offer. 

A typical home at the 75ha Schoongezigt development in Rustenburg, each one is architecturally designed.

Chrisjan van Heerden, marketing manager of CH Professional, says buyers can now choose one-off architecturally designed plot and plan packages, as well as plots with an attractive rebate package of R40 000 on architect’s fees from OliveHill Architects. 

CH Professional has been mandated to control the sales and have appointed nine estate agencies in the area to sell the Schoongezigt properties.  

Phase one at Schoongezigt has 108 stands, of which there are 43 left to sell, says Van Heerden. There are already two completed houses in the development, five homes are under construction and the aesthetic committee has recently approved eight sets of plans for buyers who can now go ahead with their construction. 

One of the completed house in the development.

The estate was initially launched five years ago, but the economic slump made it difficult to get new projects off the ground, he says. The re-launch by Burrie Smit Onwikkelaars includes implementing all the necessary infrastructure and security measures on the estate, and establishing a strong Schoongezigt brand.   

Schoongezigt estate now has full perimeter walling, with biometric fingerprint access at the gate and full monitoring of the entrance and exit by a security company. All the services have been installed for phase one and the roads have been constructed.  

Strict architectural guidelines at Schoongezigt have been laid down and each set of plans will go to the aesthetic committee for approval before construction can commence. On buying, Van Heerden says the buyer has two years to start building his home and one year in which to complete it.  

Schoongezigt shares a two kilometre border with the Kgaswane nature reserve, creating a natural setting for the estate, he says. 

The boundary fence has been constructed to maximise the views and in keeping with the attention to security, the boundary has a double fence, with a three metre no-go zone, one side of which is electrified. A hiking trail with bird hides and picnic sites is planned along a twenty five metre building restriction line on the nature reserve boundary. 

“Most properties with views in Rustenburg overlook the mines, but Schoongezigt faces the other way and offers unspoilt natural views of the Magaliesberg Mountains.” 

Those who are looking to buy in this area cannot go wrong with vacant stand prices of between R533 000 and R866 000, and prices estimated at between R2.2 million and R2.7 million for the plot and plan packages, says Van Heerden. 

He explains that homes in secure estates tend to escalate in value faster than freestanding homes and are much in demand. 

Next article

House price growth slows - ooba

Average house price growth declined marginally in December 2012, down 0.6% year on year and 1.7% month on month to R865,164 in December.

Read more
House price growth slows - ooba
Get the latest property news.
Select your options:
Get the latest news
Google Plus
EmailEmail Print Print
Top Articles
For developers like Himat Ramsugit, who has been buying residential fixe...

The average SA tenant spends a third of pre-tax earnings on servicing de...

The upmarket Featherbrooke Estate in Krugersdorp is sought after for its...

The Houghton Hotel, in Johannesburg’s plush suburb of Houghton, when fin...

If you're a seller, then Cape Town is the 'place to be' with constant de...


Your browser is out of date!

It looks like you are using an outdated version of Internet Explorer.

If you are using Internet Explorer 8 or higher, please verify that your Internet Explorer compatibility view settings are not enabled.

For the best browsing experience, update to the latest Version of Internet Explorer or try out Google Chrome or Mozilla Firefox.

Please contact our Property24 Support Team for further assistance. Tel. +27 (0)861 111 724