Somerset West - Since the launch of the Sitari Country Estate between the N2 and the R102 neighbouring Croyden Olive Estate near Somerset West sales have been robust, with over 100 sales concluded in the estate in the last 30 days.
Sitari Country Estate offers three types of property options: Country plots, completed village homes and luxury apartments.
The country plots are the quintessential option for larger families, offering the freedom to choose your own architect and builder from an accredited panel.
They are competitively priced at from R530 000 to R987 000.
The Grand Olive luxury apartment complex will consist of 69 units ranging from large studios to two bedroom, two bathroom suites and three bedroom, two bathroom suites.
Seventy per cent of those who are buying in Sitari Country Estate so far are purchasing in order to live there themselves, while 30% are buying for investment purposes.
Purchasers are spread across various sectors, from families who wish to upgrade to a more secure and convenient way of life, to young professionals wanting to buy their first property, to the investor buyer looking to capitalise on Sitari’s expected growth and excellent rental yields.
Soon also to be released is the first batch of village homes, which are sold as turn-key completed homes.
The developers are Uvest Property Group.