INTERNATIONAL - Being limited in supply and therefore generally highly sought after, residential waterfront property enjoys high demand and commands a premium price according to Pam Golding Properties.
However, not all prime waterfront property is ocean-facing – there are equally idyllic locations which abound that arguably offer even more, such as homes situated in diverse destinations in South Africa, along the canals of St Francis Bay and Port Alfred in the Eastern Cape, on Knysna Lagoon on the Garden Route or on the Vaal and Hartbeesport Dams.
There is something beguiling and soothing imbued by large, serene bodies of water. Gazing out across the water is both compelling and relaxing – particularly for city dwellers escaping the hustle, bustle and noise of urban living – and it seems to soothe the soul. And apart from providing an ideal space to kick back and relax, such locations also afford a broad array of water sport and leisure activities which are hard to beat," said Ling Dobson, Pam Golding Properties area principal in Knysna and Plettenberg Bay.
Dobson added, "As a result, we find that buyers in the Knysna area generally seek properties with water frontage. In high demand is Thesen Island, which has homes situated right on the water canals as well as on what we call the Parklands, which is in the centre of the residential estate and as termed, is surrounded by parklands and not directly on the wate".
As it’s highly sought after, Thesen Island is an area where homes sell over and over again and where the growth in property values is exponential. Here there are both freehold and sectional title homes, priced from around R3.5 million-R4 million upwards.
Dobson said, "Many of these buyers are from the metropolitan areas of Johannesburg and Cape Town, either relocating permanently or acquiring a holiday home with the benefit of being within a security estate. Living on the canals and edge of the Knysna estuary lends itself to endless water sports."
A 50-minute drive from George, Thesen Island includes numerous facilities including three beaches, clubhouse, floodlit tennis courts, squash court, playground for young children, cricket nets, 18-hole putting green, giant chess board, a maze and a bird sanctuary, while Harbour Town is in walking distance with a host of great restaurants and shopping.