Lifestyle

The growing appeal of dual living spaces

This eight-bedroom, opulent mansion in Spanish Farm, Somerset West is marketed by Pam Golding Properties at R58 million. With expansive views of the mountains and False Bay, this landmark, luxury property includes a double-volume hall, designer kitchen, cinema room, home office, indigenous garden, computerised irrigation with borehole, solar panels, sauna and solar inverter room, plus a two-bedroom, two-bathroom cottage and one-bedroom, one bathroom staff accommodation, among numerous other features. There’s also a double garage with a hydraulic lift accessible on both levels.

The demand for homes with separate cottages or flatlets is on the rise, driven by families looking for flexible living arrangements. Whether it’s providing a self-contained space for ageing parents, giving young adults a stepping stone to independence, or creating an additional income stream, homeowners are increasingly recognising the value of dual-living properties.

“There’s a growing preference for homes with a separate flatlet or cottage, particularly in Stellenbosch and Somerset West,” says Louise Varga, Pam Golding Properties area manager for Somerset West, Stellenbosch, Strand, and Gordon’s Bay. “Many buyers are looking for properties that offer independent living spaces for family members, while others see the potential to earn additional income from a rental unit.”

The appeal is clear, shared living eases financial pressure, retirees can stretch their savings while enjoying the company of loved ones, and younger generations can work towards financial independence without the immediate burden of homeownership.

However, finding the right property isn’t always easy. “Standalone cottages or self-contained flatlets are in high demand but are relatively scarce in the Helderberg and Stellenbosch areas,” Varga explains. “Unfurnished, pet-friendly one-bedroom units are especially sought after, and with limited supply, renters are often willing to take whatever they can find.” In these areas, rental prices vary significantly, ranging from R9 000 to R24 000 per month, depending on the location and type of accommodation.

“Estates – where demand for dual-living is often highest – typically don’t allow dual-living options. However, Newinbosch in Stellenbosch is a rare exception,” says Varga. “Here, the Courtyard homes – which are priced from R3.575 million for a two-bedroom, two-bathroom unit, with the option of an added one-bedroom, one-bathroom – can serve as a private living space for older or younger family members, or an income-generating rental apartment.”

Recognising the trend, some homeowners are adding separate living spaces to their properties – primarily for family use rather than rentals. “Only a small percentage are doing short term leases, especially in Stellenbosch, where council approval is required for short-term rentals,” she notes.

Beyond financial savings, the lifestyle advantages of multi-generational living are significant. Parents benefit from an extra set of hands, whether for school runs or the occasional night out, and children enjoy the presence of grandparents who have the time to read, share stories, and simply be there.

“It’s no surprise that multi-generational living is on the rise,” says Varga. “At its core, it’s about creating a home where different generations can support one another – financially, emotionally, and practically.”

For further information contact Pam Golding Properties Stellenbosch Office: 27 (0)21 887 1017 or Somerset West Office: 27 (0) 851 2633.

Posted by The Know - Pam Golding Properties