Plett Property August 2011

EVENTS IN PLETT TO DIARISE

The Otter Afican Trail Run: 29 – 30 September Calling elite Trail Runners. Dubbed "The Grail of Trail". Run one of the world's most beautiful coastal trails in under 8 hours in the middle of whale season. Normally a 5 day walk, this is the only time you will be able to run the 42km trail. The 2011 run is already sold out; act quickly for 2012.

The Otter Ramble: 1 - 2 October As above, but with a more lenient cut-off time of 11hours.

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The Forever Plettenberg Raft Race: 5 November Back by popular demand and set to become an annual event, get your teams ready for fun and entertainement.

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Sabrina Love Ocean Challenge: 28 & 29 December 2 days of sport and fun for the whole family; supporting children with special needs; includes swimming, paddling, mountain biking, running and walking.

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Greg Kerr Painting Workshop: 28 Nov – 1 Dec at Redford House - The Crags

For more information, visit the Bitou Tourism website.

 

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Property of the month:

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The Van Plettenberg Arms in "Old Plett"

This spacious historically significant 5 en-suite bedroom home is located on a quiet cul de sac in a pretty garden in one of the highest value areas in Plett. The house was originally part of the Anglican Church property and was built in 1855 by none other than Billy Jones, the schoolmaster and colourful historic figure. It was originally known as Formosa Cottage. Jones leased the property and later converted it into an inn called the Van Plettenberg Arms. He was reprimanded by the Church at one point for impinging on his lease for running a pub on the premises. In 1897 the Church allowed him to purchase the property. Today the property has all modern conveniences, but retains its "old world" charm.
Call Hein at 083 701 3159000
Offers on R11,500,000

Currently on the market:


Moor Your Boat on the Water
Offers on R 4 900 000


Spectacular Views 3 Bed, 3 Bath
Offers on R 2 200 000


4 Bedroom Contemporary Home
Offers on R 4 500 000


Stylish & Elegant in "Old Plett"
Offers on R 9 800 000


Beachfront on Beachy Head Drive
Offers on R 21 500 000


229sqm 4 Bedrm Apartment in Town Offers on R 1 530 000


Thulana Hill 3 Bedroom, 2 Bathroom
Asking price R 1 098 000


Storms River: 2 four bedrm Cottages
Offers on R 1 000 000


9 Bedrm Luxury in Natures Valley
Offers on R 7 430 000 (ex VAT)

For more property visit: www.plettenbergbay.com

Property Statistics:

KEURBOOMS PROPERTY REVIEW

Only one property has registered in the deeds office since January 2010; a timber home in Hill Street for R2,9m. No properties have transferred in 2011, but I know of two that have sold recently, that should register soon. Before 2009, there were normally at least four sales per year, sometimes substantially more. With so few sales occuring it is difficult to judge the market, other than to say that the decline in the number of sales implies a downward pressure on prices. That said, values here have historically held there own and growth has been well above national averages.

 

 

 

Quote for the day:

"And it is no less true, that personal security and private property rest entirely on the wisdom, the stability and the integrity of the courts of justice." ~ Joseph Story

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