PROPERTY: Secure Your Lifestyle on Historic Paarl Estate
Recent Western Cape Business News
A NEW Lifestyle Security Development, Kleine Parys Estate 2, is soon to be launched on the well-known Klein Parys Vineyards Wine Estate, one of the oldest proclaimed Wine Estates in the Cape.
Klein Parys Vineyards in Paarl includes a World Class Winery, producing and exporting top quality wines to 23 countries, as well as a popular wedding and function venue. The estate is also the home and famed for the popular Oppiestoep television series filmed on premise and televised by KykNET.
Kosie Möller acquired Klein Parys Vineyards (since 1689) in 2002 and has for the past 15 years restored the valuable property to its former historical glory. Kleine Parys Estate 2 will be launched in May 2017 and building of units is set to commence in August 2017.
Chris Boucher and Clive Hartman, two of the Seeff real estate agents who are marketing this development, say that security estates countrywide are gaining popularity and in a sought after area like Paarl where property is extremely popular for both residential and investment purposes, the demand for this type of living is unprecedented and 14 units in Kleine Parys Estate 2 have already been reserved off-plan.
“Paarl has always been desirable, not only because of the many top-end schools with established traditions that are located here, the breath-taking scenery offered by the Paarl and Drakenstein mountains and the healthy property market offering great yields to owners, but also the town’s proximity to the N1, medical facilities, golf courses, the airport and Cape Town.
There will be 119 units on completion of Kleine Parys 2 and Phase 1 will consist of 23 townhouses and 20 single residential erven. Plots for the townhouses cost R679 000 and turnkey costs, depending on the design and finishes chosen and cost of building, range from R1 650 000 to R1 750 000. The 20 single residential opportunities range in price from R1 099 000 to R1 149 000 and turnkey costs depending on design and finishes and cost of building range from R2 671 500 to R3 273 000.
The agents conclude that all units will enjoy picturesque views of the surrounding mountains to be appreciated from the professional innovative design and layouts handcrafted to utilise as much as possible of this unique destination. All units have two or three bedrooms each and most enjoy river frontage.
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