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Buyers are willing to shell out to live in this Centurion estate

24 Jul 2019

Offering expansive luxury homes with spectacular Highveld views as well as a top school on site, Cornwall Hill Country Estate in Centurion is highly sought after. Homes here seldom come onto the market, as demand far exceeds supply.

his five bedroom, four bathroom home in Cornwall Hill Country Estate, Centurion, has an outdoor entertainment area with built-in braai, indoor pool and Jacuzzi. It is on the market for R8.95 million - click here to view.

“Although we are seeing considerable interest from buyers, there is not enough stock to meet the ongoing demand,” says Leonie Van der Sande, area specialist for Pam Golding Properties in Centurion. Homes here are priced from R3.75 million to R47 million at the upper end of the market.

“Buyers are willing to pay premium prices to live on an estate that also offers one of the top IEB schools in the country. Cornwall Hill College covers grade 000 to matric, making the estate especially appealing to families who want the luxury of having their children attend school close to home,” says Van der Sande.

Located on a 1ha stand, this six bedroom, five bathroom home in Cornwall Hill Country Estate, Centurion, has a gourmet kitchen, wine cellar, jacuzzi and spacious cottage. It is selling for R7.95 million - click here to view.

The family appeal is borne out by Lightstone’s property data, which shows that 76% of recent buyers (July 2018 to July 2019), were between the ages of 36 and 49. Not only does Cornwall Hill offer excellent schooling and other amenities on the estate, but it is centrally located between Pretoria and Johannesburg, and is just a 15-minute drive from O.R. Tambo International Airport, she says.

Its 402 properties are predominantly freehold, with just over 10% being sectional title, and stands range in size from 1 000sqm to 10 000sqm.

Given the appeal of this estate, Van der Sande says it is not surprising that there has been a solid growth in house prices over the past decade. Sales of as high as R22 million have been reached in recent years, and in 2018 Pam Golding sold two properties for R10.4 million and R11 million respectively.

This five en-suite bedroom home in Cornwall Hill Country Estate, Centurion, offers a large enclosed patio with fitted bar and newly-built pool. It is selling for R6 million - click here to view.

Although the current economic pressures have had an impact on property prices, it seems the demand for homes in this prestigious estate has enabled sellers to achieve higher prices compared with similar estates in the area, she says.

Homeowners are reluctant to give up their homes because of the substantial benefits associated with living on this estate. In fact, Lightstone property data shows that most homeowners have had their properties for 11 years or longer.

This six bedroom, five-and-a-half bathroom home in in Cornwall Hill Country Estate, Centurion, offers open-plan living spaces, a study and pool. It is selling for R11.5 million - click here to view.

However, when homeowners do consider selling as their lifestyle needs change, it’s advisable to work with an agency that can navigate this highly competitive market, says Pam Golding Properties Pretoria regional executive, Retha Schutte.

Van der Sande says they currently have a few listings for sale, providing a seldom-seen opportunity to own one of this estate’s luxury homes.

Measuring 9 080sqm is a tranquil country home with an outdoor entertainment area and sparkling pool overlooking a beautiful English-style landscaped garden. Listed at R11.5 million, the six bedroom home has entertainment areas that overlook a landscaped garden.

This four bedroom, four-and-a-half bathroom home in Cornwall Hill Country Estate, Centurion, has a gourmet kitchen, fitted bar, gas fireplace, rock pool and six garages. It is on the market for R14.5 million - click here to view.

An equestrian manor is also currently listed at R14.5 million. The four bedroom double-storey home has six stables, a lunging area and paddock, pavilion area and a self-contained grooms’ room. The manor house has four reception areas with a spacious entrance hall leading to the living and dining areas downstairs, and a double Mahogany staircase leading to luxurious bedrooms, each with spacious lounging area.

There is also a premium designer residence on the market, ideal for the discerning buyer wanting a standout home. No expense was spared in the design, engineering, construction and landscaping of this unique property. From the chandelier imported from Belgium to the marble staircase with bespoke brass railings, this home exudes elegance and luxury. Set on a park-like estate of more than 12 000sqm of land, this 1 140sqm residence includes a sound/theatre room, an elegantly designed study, separate office with two consulting rooms that could also be converted into a flatlet. The spacious gourmet kitchen by Slavin is fitted with a La Canche stove and miele appliances.

This home in Cornwall Hill Country Estate, Centurion, has four bedroom suites, an imported chandelier, theatre room and large study. The price is available on request - click here to view.

Located on the upper level is a pyjama lounge/library fitted with two large bookshelves. There are four spacious bedrooms with en-suite bathrooms all fitted with marble from floor to ceiling, imported antique mirrors, access to an outside area or balcony, air-conditioning and underfloor heating. A classical-inspired landscaped garden features a variety of plants, trees, manicured hedges, natural koi dam, water features/fountains and a maze designed with centre fountain. The price of this home is available on request.

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