Kuilsriver has typically been thought of as an affordable suburb on the outskirts of Cape Town. Now however, buyers are finding value here more for its close proximity to Stellenbosch, the lifestyle it offers and the low crime rate that have become synonymous with the area. “These factors, along with the other benefits of estate living and the surrounds are turning Kuilsriver into a luxury address,” says Herbie de Klerk of Jawitz Properties Kuilsriver.
Topping prices in the area currently is a home in the Klein Zevenwacht estate listed for sale at 12.95million. “The highest residential sale in Kuilsriver to date was R7million, located in the same estate, so this property will certainly break records once it sells,” de Klerk says.
Surrounded by beautiful gardens, grapes and horses, Klein Zevenwacht comprises of just 42 homes each set on large plots of around 5000m2, where homeowners also have their own piece of vineyard managed with the assistance of a contractor. The perfect place for the horsey set, the Equestrian Academy of Cape Town is located in the estate, with a livery yard on site boasting top facilities including 32 indoor stables. Top of the range security features are in place throughout the estate as well.
“The Zevenwacht estates are prestigious and leading the way in transforming Kuilsriver into a more luxurious area that, while pricey, continues to offer good value for money,” de Klerk says, adding that if the same property currently for sale was located in Stellenbosch, it would be twice the price.
Prices on average for a family home are upwards of R1.3 million while similar properties in the Zevenwacht estates are priced upwards of R2 million. Rentals are anywhere from R10,000 per month to R33,000.
Buyers are finding that the lifestyle that comes with living in Kuilsriver is both peaceful and safe and being situated on the Stellenbosch wine route adds to the allure. There are also new developments coming including a new retirement village and a country estate.
“It’s certainly an up and coming area and property prices can only increase,” de Klerk adds. “There are some local buyers but predominately buyers are from upcountry, and are often those looking for family homes, but investors would do well to buy in this neighbourhood too as there is high demand to live here,” de Klerk concludes.
