Residential estates are becoming increasingly popular, especially among high-net-worth buyers wanting to combine an enviable lifestyle with the peace of mind these secure estates provide, says Pam Golding Properties. In fact, property data shows that residential estates account for nearly 20% of market share, underlining the demand for secure living in a beautiful setting.
Silverhurst Estate in Upper Constantia is one of the Cape’s most prestigious and secure residential estates, where the median property value is about R25 million. Not only is there a full-time security manager onsite, but the electric perimeter fencing is supplemented by infra-red cameras with offsite and guardhouse monitoring, motion sensors and command speakers.
“Modern residential estates are popular because they offer comprehensive security features. This differentiator means that buyers are willing to pay premium prices for the carefree lifestyle these secure estates provide,” says Kim Tresfon, Pam Golding Properties agent for Upper Constantia. “And Silverhurst is certainly considered to be one of the most secure, luxury estates in the country.”
One of the Silverhurst’s hidden gems, 8 Terrace Hill, has been listed through Pam Golding Properties for R59 million. Set in an elevated enclave of this gracious estate, Terrace Hill is so exclusive that many of the estate’s residents are unaware that there is a mansion set on a sprawling acre, in their midst.
This impressive French-inspired family home has been designed on a grand scale by renowned architect Michael Dall. From the welcoming triple volume entrance hall to the expansive living spaces, this home has been curated to create the perfect setting for a family who wants to live life to the full.
The spacious lounge, fully-fitted bar and comfy family room provide ample opportunity to entertain. The verandah, accessible through triple-glazed stack doors, overlooks the magnificent garden, landscaped by Francesca Watson, as well as a sparkling swimming pool.
Other features, adding to this stately home’s appeal, include a temperature-controlled wine cellar, a study, a gym and two kitchens. The owners have added their own design flair by using imported wallpaper accents, French Oak wood flooring, bespoke light fittings and custom-made cornices, architraves and skirtings.
There are four sizeable bedrooms, including a master suite with a pyjama lounge, as well as a private sound-proof cinema room with state-of-the-art surround sound. An upstairs balcony, accessible from all bedrooms, offers uninterrupted mountain views.
Terrace Hill offers the serenity one would expect from a country estate, but it is still conveniently located near to several wine estates, excellent restaurants, shopping malls, golf courses, riding stables, top schools and of course, Cape Town CBD and Cape Town International Airport, says Tresfon. With its lush gardens, ponds and variety of birdlife, the estate itself offers an idyllic setting. There are also two tennis courts, and a clubhouse, for communal use.
“Estate living is becoming increasingly popular as residents usually have access to a range of lifestyle amenities. Silverhurst is a verdant oasis, offering residents the luxury of being able to walk their dogs or play with their children in a safe and peaceful environment,” adds Tresfon.
Source: SA Property Insider