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Groot Brakrivier: Excellent Value for Money Homes
Category Property News
Abundant vegetation surrounds an array of lagoons and lakes that softly embrace the unspoiled beaches of the Western Cape. This is the landscape of The Garden Route, which has attracted droves of tourists to its shores since the dawn of the mid 90’s. However, this area that stretches out from Mossel Bay in the Western Cape to Storms River in the Eastern Cape, has transformed not just into the ultimate tourist destination, but one that caters effectively to a growing residential market.
At the helm of residential growth is the Garden Route coastal village of Groot Brakrivier or Great Brak River, located in the Mossel Bay Local Municipality. The attraction of the village among homebuyers is its opulent homes built around the lagoon and panoramic ocean views.
Groot Brakrivier has witnessed a steady upsurge in homebuyer demand as many people are choosing to live along desirable stretches of coastline. This upward demand trajectory has decreased market stock in the area, however home prices have remained relatively fixed. With high demand and good value for money, it is the ideal time to buy residential properties in the village - whether it is for investment purposes or buy-to-live.
With the town’s immense tourist appeal that flourished even before its residential sector, there is currently a lucrative investment opportunity available in Groot Brakrivier from Lew Geffen Sotheby’s International Realty. On the market at R18.5 million is a mansion that has been converted into a guest house. The home lies on landscaped land, overlooking the Indian Ocean from Glentana to Mossel Bay. It comprises of 15 bedrooms and 15 bathrooms that span over a spacious 1000 sqm. Adding to the property’s opulence is its nine bay windows with full ocean and green belt views, a heated pool and an outdoor entertainment area. Included in the price are two additional homes on the estate that are 400 sqm, respectively.
As Groot Brakrivier transforms into a residential hub, with a surge in the number of South Africans choosing a coastal lifestyle, the market has diversified through the establishment of several family homes ranging in price from R1.5 million to R6.9 million. The desire to move away from the rush of inner city living has resulted in many choosing to relocate to areas such as the Garden Route, even if it means travelling longer distances to work. Lew Geffen Sotheby’s International Realty has a number of family homes for those seeking to move into Groot Brakrivier. The homes here range in size from 3-4 bedrooms for smaller families, to 5-6 bedrooms for bigger families.
Our featured home is seated on the Nature-On-Sea eco-estate. This five-bedroom, three bathroom property is spacious, luxurious and well-positioned to receive outstanding views of the Garden Route.
As a large number of homebuyers increasingly choose to live on the doorstep to exquisite beaches and abundant flora and fauna, suburbs in the Garden Route are expected to grow even further in demand. With stock remaining lower than demand, highly desirable homes in Groot Brakrivier represent excellent value for money, thus making it the opportune time to buy or invest in the area.
Author: Lew Geffen Sotheby's International Realty