Western Cape Business News

Send  Share  RSS  Twitter  20 Nov 2017

PROPERTY: Blouberg Offers Buyers the Best Of Both Worlds


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POSSIBLY one of the most famous views of Table Mountain can be seen from Bloubergstrand. A thirty-minute drive from Cape Town (traffic permitting) Bloubergstrand has a very different feel to it; the atmosphere is more like that of a small village with access to an incredible stretch of beach, and of course the view. The area has long been popular with kite surfers and, with escalating property prices in Cape Town itself, is increasingly in demand with home owners who work in town, but are looking to invest in more affordable properties.

Petra van Asch, the new owner of Leapfrog Property Group Bloubergstrand shares that; “Blouberg is an area which is growing rapidly and there is a lot of development and expansion. It offers a mix of high rise buildings, sea front apartments, townhouses and free standing residential homes which makes it appealing to a wide market. The area attracts a lot of investors as its far more affordable than the Atlantic Sea Board”.

Van Asch, who is well known to the residents of the nearby Melkbosstrand (having worked there as a highly successful agent over the last ten years), says that suburbs like Sunningdale and Parklands North are especially in high demand – specifically in security estates like Augusta Place, West Wood Village and Oakhill Estate. “Beachfront apartments are in demand for both buy to live and buy to let investors as well as the more economically priced properties priced in the Parklands area,” says van Asch, “We’ve also found that rental properties in these areas are very popular.”

According to data from Lightstone Property Analysts freehold properties sell for an average asking price of R4.4 million while sectional title properties are going for about R1.5 million (significantly lower than similar apartments on the Atlantic Seaboard). “We’re finding that families are looking for a home with three to four bedrooms, nearby schools (there are a number of good schooling options available including the Blouberg International School),” shares van Asch. She also mentions that families relocating from Johannesburg put a premium on security – which is a contributing factor to the popularity of freehold properties in estates.

Admittedly the only drawback to what is otherwise a very beautiful area with good schools, amenities and affordable property, is the traffic; “Over the past few years the Tableview/Blouberg area has expanded quite quickly, with little thought given to the influx of traffic and demand on services which has led congestion during peak hours,” explains van Asch, “The MyCiti bu route has helped, but congestion is still part and parcel of the Bloubergstrand experience for the foreseeable future.”

“Petra van Asch has been one of our star estate agents since she joined Leapfrog Property Group ten years ago. Buyers and sellers in the Bloubergstrand area will find her to be an extremely professional agent and principal with a wealth of experience,” says Bruce Swain, CEO of Leapfrog Property Group.

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