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Property area focus: Old Plett and Whale Rock Ridge
Category Property News
PLETTENBERG Bay has a unique combination of old and new residential areas. Over the years, some have adopted descriptive names such as 'Old Plett'. A sought after area with close proximity to the town centre and north to north easterly sea, lagoon and mountain views, this suburb has been holding its value throughout market fluctuations. Seven residential home sales have registered in Old Plett since the beginning of 2018 to date, with the highest price achieved being R23,100,000 and sold by Sotheby's International Realty Plettenberg Bay. Many of the properties in the area have been passed down through generations. In recent years a number of the homes have been modernized to maximize the value that the suburb achieves. Having lived in Plett for 26 years and selling property here for 19 years, I have been fortunate to list and market some interesting properties in all areas. Currently, we have a house for sale in Old Plett which was originally part of the Anglican Church property. It was built in 1855 by none other than Billy Jones, then schoolmaster and a colourful historic figure. Originally known as Formosa Cottage, Jones leased the property and later converted it into an inn called The Van Plettenberg Arms. He was reprimanded at one point for impinging on his lease by running a pub on the premises but by 1897, the church allowed him to buy the property. Today this generous property has all modern conveniences and has been renovated in part, but retains its old world charm. Another interesting property a new listing and a unique opportunity has endless potential and includes the vacant stand in front of the house, which has a lovely established indigenous garden and also stunning panoramic views see the advert on the front page of this edition for additional information. Old Plett is one of the most in demand open areas. But there is also a high demand for security estate living, and Whale Rock Ridge is one of the most popular among these. Established in 2003, it is adjacent to the spectacular Robberg Peninsula and Robberg Coastal Corridor, and is ranked as one of the top 10 estates in SA. With its up to date security technology, open green belt areas, and an emphasis on maintaining the natural ecology, the estate is equally popular with permanent and holiday buyers. Whale Rock Ridge estate covers an area of 369,017m2 and comprises 157 erven. Transfers from the beginning of 2018 total 17 sales, 11 stands and six houses, with the highest price achieved being R17,600,000 and sold by Sotheby's International Realty. Both Old Plett and Whale Rock Ridge enjoy the same northerly aspect and excel lent sea views, so it is easy to see the popularity of both old and new. But since I'm selling and listing in all areas of Plettenberg Bay, I will be more than happy to do a market related valuation on your property. Contact Carrie Maclean, estate agent at Lew Geffen Sotheby's International Realty Plettenberg Bay and Old Plett area specialist, at carrie.sir@plettenbergbay.com or on 082 566 1881.
Author: Lew Geffen Sotheby's International Realty
