Welcome

 
 Search
  Financial Indicators

 

       
 
  North Riding Eco-estate Moving Fast

 
North Riding Eco-estate Moving Fast
Allen Usher of Usher Realtors said land sales will total approximately R80m with total capital investment, including the construction of the homes, expected to exceed R300m. Plots, which average 950 sq m, are selling for between R795k and R1,1m.

Construction of the clubhouse and surrounding landscaping has been completed and the first six homes are now under construction, with more to follow shortly.

Usher says while buyers are able to choose their own architects and builders, all homes and landscaping on the estate have to comply with strict architectural design, although specific styles are not dictated. There are strict environmental guidelines to adhere to in order to preserve the natural beauty and rural atmosphere.

"The developers have gone to great lengths to ensure that although it is a secure estate with perimeter security, the security is not in your face - the rural nature of the site will be preserved in perpetuity giving residents the best of both worlds. Two hectares of the walled estate have been reserved for public open spaces for the enjoyment of all residents and include a view site sanctuary, a children's rock forest park, a gym park, clubhouse garden and pool area and a nature trail.

"In addition environmental consultants have identified and mapped all significant indigenous trees – some of which are as old as 500 years, large shrubs and rock formations and buyers will have to build their homes around these. Rather than seeing this as a hindrance, buyers have embraced it as it will not only preserve the natural beauty of the area but will also enhance their long term investment values."

Posted on Thursday, May 17, 2007 (Archive on Thursday, May 31, 2007)
Posted by hayleym  Contributed by hayleym
Return

Rating:
Comments:
Save

Current Rating:
     
 
 

| Terms Of Use | Privacy Statement | Copyright 2006 by Dimension Financial Services Group | Login