Sustainable Living at Kleinbaai Estate: A Fut...
August 2024 has been marked by challenging weather conditions in the Hermanus and Gansbaai areas, with stormy weather...
by Cèline Haarhoff
The demand for properties in the Whale Coast, specifically the Kleinbaai Lifestyle Estate, is fueled by impressive statistics showcasing remarkable growth and property supply-demand dynamics.
KLEINBAAI LIFESTYLE ESTATE RETURN ON INVESTMENT FORECAST
The real estate landscape in Kleinbaai is evolving, with remarkable spikes in median selling prices painting a promising picture for potential investors, indicating that a high capital growth can be expected.
Supporting statistics:
• Kleinbaai: Median Selling Price increased 35% over the past 2 years.
• Van Dyksbaai: Median Selling Price increased 40% over the past year.
Source: Lightstone Property
A secured property development in Stanford, highlights a significant rental increase from R10,000 to R15,000 per month since 2021 alone, underscoring the rental shortage and affordability thereof in Hermanus, benefiting Stanford, and positioning Kleinbaai for substantial growth.
OVERSTRAND MEDICAL CENTRE
Another contributing benefit is the agreement between the Overstrand Medical Centre and Kleinbaai Lifestyle Estate providing medical assistance by demand. (*T&Cs apply). This will also contribute to rental potential.
SHORT TERM RENTALS
Kleinbaai Lifestyle Estate also permits short-term rentals, albeit with a “bit of an adjustment” where owners must collaborate with an agent/representative designated by the HOA. This measure ensures the maintenance of security and adherence to estate rules, ultimately enhancing the probability of long-term investment returns for homeowners.
LOCATION
With direct access to Hermanus, Stanford, and Gansbaai, accessibility is unmatched. Recent road upgrades not only boosted rental income in Stanford but also elevated Kleinbaai as a desirable living destination. Security concerns? Kleinbaai Lifestyle Estate offers 24/7 secured living, with a dedicated agent ensuring compliance and community peace of mind.
Jaco van der Merwe, Principal of Greeff Winelands and Whalecoast, is intimately familiar with the area, having grown up in Hermanus.
“Presently, the property market in the Whale Coast presents itself as a buyer’s paradise, offering abundant opportunities for homeownership that yield profitable monthly returns. Buyers are increasingly drawn to homes that promise superior quality of lifestyle, a trend likely to persist as remote work continues to be an option, and retirees seek a secure community to enjoy their retirement.”
SCHOOLS
Kleinbaai’s proximity to Hermanus (just 40km away) makes it an ideal choice for commuters - live in Kleinbaai, and work in Hermanus. The convenience speaks volumes. Don’t overlook the excellent schooling options in Hermanus, with daily bus services providing convenient access to education for your children.
ELECTIONS
Steve Brookes, CEO of Balwin Properties states: ”As we navigate post-election property investment stability, it’s crucial to recognize the resilience and potential of the South African property market.’’ Brookes remains upbeat about the market, citing South Africans’ resilience and patriotism as driving forces for ongoing property investments. Carlos Correia, CEO of Fundamentum Property Group, echoes this sentiment, emphasizing the need for national-level maturity to foster stability and growth.
ACCORDING TO MARKET ANALYSIS
The Property24 Market Predictions and Key Factors revealed in Q1 2024 emphasize the importance of value for money and quality of life:
“Property prices are currently at an affordable level, offering great value for money and a lifestyle that is not easily replicated anywhere in the world. Many suburbs have introduced numerous community and security initiatives, making these suburbs safer and thereby increasing desirability. South Africa’s suburbs are also vibrant with community initiatives and participation, reflecting a move towards more civil-minded community action. The property cycle always turns, and 2024 is expected to bring growth in the property market across both the freehold and sectional title segments. The time to buy is sooner rather than later. Buyers, it is crucial to get your ducks in a row by getting pre-qualified for a bond. Ensure you have your transfer costs ready so that when the right home comes to market, you are prepared to strike.”
Source: Property24
SUMMARY
In conclusion, investing in the Whale Coast, particularly in the Kleinbaai Lifestyle Estate, presents an unparalleled opportunity for investors. The area’s robust capital growth, coupled with the convenience of short-term rentals and strategic location near Hermanus, Stanford, and Gansbaai, further solidifies its appeal. With heightened security measures and the endorsement of industry experts like Steve Brookes and Carlos Correia, the investment landscape is primed for success. As the Property24 Market Predictions Key Factors and Lightstone Reports suggest, now is the time to act. Seize the opportunity, ensure your readiness, and position yourself to capitalize on the promising future of the Whale Coast property market with Kleinbaai Lifestyle Estate.
By becoming a homeowner at Kleinbaai Lifestyle Estate, you will automatically contribute to the preservation of these remarkable birds by sponsoring a Penguin Penthouse on Dyer Island.
Phase I road and infrastructure construction is active.
Official show house beautifully furnished by Incanda. (Hermanus)
The Overstrand Medical Centre currently under construction. Set to open 2025.
Kleinbaai Lifestyle Estate is a gated community development set within the Danger Point Peninsula just outside Gansbaai, offering secure living in scenic coastal surroundings for retirees, first-time buyers and property investors. Starting at R1,785,000 upwards, Kleinbaai Lifestyle Estate offers a c...
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Read MoreAugust 2024 has been marked by challenging weather conditions in the Hermanus and Gansbaai areas, with stormy weather...
Residents of Kleinbaai Lifestyle Estate can look forward to a seamless travel experience from Hermanus.
Kleinbaai Lifestyle Estate invites everyone from first-time homebuyers to retirees to experience the vibrant community and serene living we offer.
Kleinbaai Lifestyle Estate will be a beacon community, creating a safe and secure life by the coast of Kleinbaai.
For all Kleinbaai Lifestyle Estate residents, this is an exciting forecast indeed.
Kleinbaai Lifestyle Estate, in recognition of the vital role played by the African Penguin in our brand identity.