Cape Winelands On The Market
Close to 50 hectares of fertile land has come onto the market in one of the most sought-after areas of the Northern Suburbs � the Durbanville winelands. The property, zoned for agricultural use, is known as "Les Coteaux de Westerdale ", and is positioned on Vissershok Road, directly opposite the acclaimed Meerendal Wine Estate. Originally part of that estate, it is now being sold off as a stand-alone portion of excess land, to be developed into its own single farm or potentially sub-divided into smallholding farms. The property is being marketed at R29 million, inclusive of VAT.
Photo: A view of the vineyards at Les Coteaux de Westerdale.
Large sections of the property are currently under well-established vineyards, while the balance is used for cultivation of seasonal crops. Local agent Maureen Nel says the success of neighbouring Meerendal is proof of the fertility of the ground.
"Established in 1702, Meerendal Wine Estate is a landmark in Cape Town, with some of the oldest and finest pinotage and shiraz vineyards in the country. Its award-winning wines and five acclaimed restaurants have made it a sought-after venue for functions and fine dining, as well as for relaxed family entertainment. Having this estate right across the road means the buyer of Les Coteaux de Westerdale is not only assured of quality ground yielding fruitful crops, but also has the added bonus of living right on the doorstep of some of the city's top restaurants."
PGP's MD for the Western Cape metro region, Mick Joyce, adds that the location of the site adds tremendously to its appeal: "This is one of the most sought-after areas in Cape Town, offering all the pleasure of country living, within a suburban setting which is within easy reach of big city facilities and amenities. The private Chesterhouse School in Durbanville is just three kilometres away, while the land is also close to the reputable Durbanville Primary and High Schools. Major shopping and medical facilities are available nearby at Tyger Valley Centre and Durbanville Medi-Clinic, while the suburb of Durbanville also offers numerous sporting facilities for lovers of golf, cricket, rugby, soccer, squash and more. Easy access to major highways ensures a smooth commute into the CBD and airport, as well as access to the West Coast beaches. In short, this represents an ideal lifestyle opportunity for active people and especially families seeking the space and fresh air of farm living. Any investor buying into the property at this stage, whether singly or as part of a consortium, therefore faces a win-win choice - either enjoy this lifestyle for themselves, or pursue the potential for co-ownership and re-sell to others wishing to do so. Either way, excellent return on investment seems inevitable."
For more information contact mnel@pamgolding.co.za.
For more information on agricultural property matters, visit www.agritv.co.za
News source: http://www.property24.com/
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