A new chapter at Fancourt begins
Introducing Noem Noem - the first residential release in over a decade
Monday 27th of November 2017
Fancourt’s first residential release in over a decade, an ultra-select, undeniably Fancourt 45-home estate, facing the majestic Outeniqua Moutains, between championship courses and a world-class, five-star hotel.
Known as ‘Noem Noem’, the new phase comprises 45 vacant stands ranging in size from approximately 508sqm to 1135sqm, accessibly priced from R1.2 million. The orientation of the site is ideal, facing directly towards the mountains, providing optimal views, and easily accessed adjacent to the Links entrance to Fancourt.
The design style of homes in Noem Noem is inspired by the country living character of the estate’s Links Ridge and the ultra-modern style of Montagu Ridge. Slate tiles will pair with earthy colours, stone will contrast with expansive glass and hardwood decks will complement tiled verandas to create homes that invite the warmth of the sun and affords views of the spectacular surrounds.
Says Dr Andrew Golding, CE of the Pam Golding Property group: “This opportunity is good news for home buyers seeking to build their own dream home in this highly successful, world-class estate. An indication of its popularity is that nearly half the current home owners have owned their properties for 11 or more years.”
Originally launched in 1991 and situated on 613 hectares incorporating some 420 existing homes, in 1994 Fancourt was taken over by the Plattners, who have undertaken ongoing investment in the estate. In addition to three Gary Player-designed championship golf courses – The Links (ranked No 1 in South Africa in 2016 by Golf Digest SA), Montagu and Outeniqua, Fancourt includes a 5-Star boutique hotel, spa and leisure centre, several restaurants, business centre and a wide range of sports and recreational activities.
Stephen Murray, Pam Golding properties area manager for George, explains the rationale for the new phase: “This is an opportune time to launch Noem Noem, given the long period since any new opportunities were brought to market, and because this is a different product which caters for a niche market, while adding to the type of offering available at Fancourt.
All the vacant property in the Oaklands and Cape Dutch precincts in Fancourt has been sold out and although there is still some vacant erven available in the Links Ridge area and Montagu Ridge, these stands differ in size and position compared to Noem Noem.
I believe that the accessible pricing of the stands, taking into account the high desirability of the lifestyle and quality of amenities available in Fancourt, will see a favourable market response to this new offering, particularly as sales have increased this year, indicating higher demand
The median price of freehold properties sold in Fancourt this year (2017) to August is R6.4 million, reflecting an increase of almost 35% in total over the past five years.
Murray says that the majority of home buyers in Fancourt acquire property for permanent residence, with many of them being golf enthusiasts. “With three highly rated golf courses, this is considered South Africa’s top estate for golfers, with the Ernie Els Invitational being played here in December. However, all buyers have one thing in common – they appreciate Fancourt for the sublime natural beauty of its surrounds, access to the amenities and security of the estate. The golf course itself also creates a tranquil sense of space. This is truly a magnificent setting.
“There are also a number of families who reside on the estate with children attending either McKinlay Reid International School on the estate or Glenwood House private school, only about 15 minutes away. In some families on the estate the major breadwinners commute on business to major centres.
We envisage that buyers in Noem Noem will emanate from the Western Cape – including those relocating to a secure estate from various suburbs in George, as well as from Gauteng, with some interest from abroad among swallows who have been visiting Fancourt over the years.
Construction of installation of services has already commenced on site, while buyers have one year in which to start construction of their brand new homes.
Some of the appealing add-on amenities available to residents in Fancourt include a golf pro shop and comprehensive golf practice facilities, leisure centre and poolside cafe, gymnasium and aerobics studio, teen lounge, Kidz Club with supervised activities for children aged 3 to 10 years, tennis courts and leisure, running and mountain bike trails.
Posted by Jean Scheltema