Insights

Opportunity awaits in the Waterfront and Mouille Point areas

Living close to the water’s edge, within walking distance of the vibrant V&A Waterfront with its world-class offering of restaurants and leisure activities, has never been more accessible.

“Offering estate living, close to the world-renowned V&A Waterfront, apartments in The Marina are highly sought after,” says Mariël Burger, Pam Golding Properties area specialist for the Waterfront and Mouille Point. “With the current historic low interest rate, these well-priced apartments are well within reach. We have seen that areas that offer competitively priced properties, and an appealing lifestyle, remain resilient. In fact, December saw a record number of transactions along the Atlantic Seaboard, including the Waterfront area.” He adds that many sold close to listing price, suggesting that the demand for appropriately-priced real estate remains strong.

A two bedroom apartment in The Marina recently sold for R8 million – an excellent price considering that this secure precinct affords residents access to gym facilities and swimming pools. Pam Golding Properties has just listed a garden apartment in The Marina, with views of the canal, for R7.750 million. A Mouille Point apartment, listed for R7.45 million, offers open-plan living with spectacular sea views. “It’s not often that we list a well-positioned, well priced and spacious apartment such as this property so here is an opportunity to add value and to enjoy the lifestyle that Mouille Point has to offer.”

Burger and his partner, Bridget Shiffer, both award-winning agents with expert knowledge of luxury sectional title property market in the Waterfront and on the Mouille Point Mile, agree that the allure of a coastal lifestyle is proving to be a strong driver of sales in these areas.

“Coastal properties are also a sound investment,” adds Shiffer. “According to research by Pam Golding Properties, the price premium between coastal properties – within 500 metres of the sea – and their non-coastal counterparts – continues to widen.” Buyers are certainly willing to pay more for the lifestyle they desire, they add.

Pam Golding Properties is delighted to announce that top-performing, multi-award winning, Emerald Circle agents, Bridget Shiffer and Mariël Burger have joined forces in a partnership again.

Bridget joins Mariël in specialising in the sale of luxury sectional title property on the Mouille Point Mile and in the Waterfront and surrounds.

“This dynamic duo is committed to providing excellent, professional and personal service to clients, thus embracing the Pam Golding Properties’ culture, and maximizing the leverage of the brand for the benefit of both sellers and buyers” says Pam Golding Properties area manager, Basil Moraitis. “We are confident that they will add great value to their extensive client base and to the Waterfront and Mouille Point team.”

For more about properties in the area, visit Mariël and Bridget at their Waterfront office in West Quay Road, or contact 0 21 276 3233.

Posted by The Know - Pam Golding Properties