Greenstone Hills Burgeoning Estate Appeal
Modern estate living is an extremely popular choice for many South African buyers and one of the reasons for this is its rapid growth in value. According to Intelligence group, Lightstone, estates comprise of an estimated 15 percent of total market value in South Africa, whilst only making up 5 percent of the total market stock, out of 6.8 million properties.
Lightstone statistics further indicate that although estates hold a small portion of stock as compared to other residential property types, its total value is almost equal to the value of Johannesburg’s residential property market.
These impressive statistics indicate that estates are valuable, and therefore bring in significant return on investments. Lightstone calculated that Gauteng holds over 50 percent of premium estates including, lifestyle, country, coastal, polo and golf estates.
The Johannesburg suburb of Greenstone Hill is the epitome of modern estate living defined by premium homes, security and easy access to facilities, such as private and public schools, shopping centres and business parks.
Lew Geffen Sotheby’s International Realty has an array of residential properties available in Greenstone Hill in the following areas:
• Bushwillow Park
• Thornvalley Estate
• Emerald Estate
• Waterstone Park
• Pebble Creek
• Thornvalley Estate
• Emerald Estate
• Waterstone Park
• Pebble Creek
Bushwillow Park Estate
The recently established, Bushwillow Park Estate consists of 633 freestanding homes all painted in accordance to earthly colours. It sits on a hill-like foundation and contains a small stream that flows into a large pond seated at the bottom of the estate.In keeping with environmental policies, it is committed to a safe, healthy and green community.
We bring you an exclusive duplex from Bushwillow Park Estate with four spacious bedrooms, a lounge, dining room and a covered patio that is perfect for entertaining. The kitchen is modern and built in with contemporary granite finishes. In addition, it comes with its private garden, ideal to destress and relax. Extras on the Bushwillow Park Estate includes a backup generator, keyless entry points and a camera security system.
Thornvalley Estate
Set on an enormous 789sqm of land in Thornvalley Estate lies a four bedroom home all fitted with en-suites, a contemporary kitchen, an open plan living and dining area, and a patio overlooking a beautiful swimming pool. The property is on the market for 5.2 million.The draw of estate living is found in its ability to integrate luxury homes, set amid technologically advanced security, access to premium schools and world-class facilities such as access to golf membership and automatic club membership to the estate.
Emerald Estate
One of the finest homes is available for sale at Emerald Estate. It offers three spacious bedrooms, two bathrooms and an open-plan living and dining room. The kitchen is Italian inspired, boasting genuine Caesar stone, and the exterior is fully fitted with a covered patio, overlooking a stunning garden and heated pool.
Greenstone Hill has the added value of being ideally situated near three major Johannesburg arterial routes, including the: N3, R24 and R25. In addition, it has access to the Gautrain rapid rail link and the popular upmarket suburbs of Edenvale and Modderfontein. These neighbouring suburbs have developed long before Greenstone Hill and have provided a blueprint to the suburb’s current advancements.
It is linked to modern amenities which include, elite shopping centres such as Eastgate and the new Greenstone Mall and business parks such as, the Greenstone Hill Office park and Stoneridge.
For golf enthusiasts, it is in close proximity to the Modderfontien Golf Course. This golf course is consistently in the top 100 of South African golf courses and measures a vast 6500 metres. The gold course hosts both professional and amateur events, witnessing over 40 000 rounds per year.
As the popularity of estates grow, and its values appreciate, home-buyers and investors are expected to increasingly choose this option. Lew Geffen Sotheby’s International Realty is at the forefront of delivering the finest estates from across the country, including Greenstone Hill that not only promise luxury living, but provide lucrative long-term investments.
06 Mar 2017
Author Lew Geffen Sotheby's International Realty