With its own gate into the Kruger National Park (KNP), the town of Phalaborwa is an ideal location for a bush retreat of your very own.
That’s the word from Glenda Watson, owner of the Chas Everitt International franchise covering Phalaborwa and Hoedspruit, who says that the town’s position midway along the western boundary of the KNP means that land bought here will always hold its value.
“In addition, Phalaborwa really has a lot to offer the lifestyle investor, starting with the wildlife which can be seen in the bush and private reserves around the town as well as the KNP, and the fact that this is officially the safest town in SA.
“And on top of that, Phalaborwa has a great climate with warm winters and glorious summers; excellent shopping facilities, good schools, a Clinix Private Hospital and its own airport, which has been voted the most attractive in Africa.”
Turning to property prices in the area, she says the town reflects its mining roots, with standard homes available for around R700 000 and private, thatched lodges in the Hans Merensky Golf Estate available for around R2m – “which is excellent value since these lodges are beautifully appointed and themed, while the 18-hole Hans Merensky ‘Golf in the Wild’ course is the highest rated golf course in Limpopo”.
Meanwhile another top seller in the wildlife category, Watson says, is the Grietje Private Nature Reserve, offering an affordable foothold into the greater Kruger Park. The reserve boasts the highest game density in the Balule and the entry-level here is R900 000 for 21ha to which you have full title ownership, as well as access to a viewing point on the Olifants River.
“Homes that have been built on these stands include a luxury property with four bedrooms, three bathrooms and a deck on the river that is currently for sale at R12m.”
Closer to Phalaborwa, the Mahlathini Private Game Reserve has full-title, 21 hectare stands priced at R1m, she says. “Here owners can walk or cycle around the reserve, or relax and enjoy the game viewing from their verandas, and there are some beautiful homes on sale, the most expensive of which is on offer at R8,5m.”
Watson says there are also opportunities in Phalaborwa for buy-to-let investors as rental demand is steady. Lock-up-and-go units are also in demand and more developments aimed at this market are under way. The Kruger’s Rest project is one of these and currently offers plot-and-plan options from R1,05m.
Issued by Chas Everitt International
For more information, contact
Glenda Watson 082 492 4706
Or glenda.watson@everitt.co.za
Or visit www.chaseveritt.co.za