Property Area Focus: Old Plett & Whale Rock Ridge 2019
Property Area Focus: Old Plett & Whale Rock Ridge
"Old vs New"
Plettenberg Bay has a unique combination of old and new residential areas. Over the years some have adopted descriptive names such as “Old Plett”. A sought after area with close proximity to the town centre and north to northeasterly sea, lagoon and mountain views, this suburb holds its value.
7 residential home sales have registered Old Plett since the beginning of 2018 to date, with the highest price achieved being R23,100,000 and sold by Sotheby’s International Realty. Many of the properties in the area have been passed down through generations. In recent years a number of the homes have been modernised to maximise the value that the suburb achieves.
Having lived in Plett for 26 years and selling property here for 19 years I have been fortunate to list and market some interesting properties in all areas. Currently, we have a house for sale in “Old Plett” which was originally part of the Anglican Church property. It was built in 1855 by none other than Billy Jones, the schoolmaster and a 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 this generous property has all modern conveniences and has been renovated in part, but retains its "old world" charm. Another interesting property, a new listing and a unique opportunity, has endless potential and includes the vacant stand in front of the house which has a lovely established indigenous garden and also stunning panoramic views (see the advert on the front page of this edition).
Old Plett is one of the highest demand open areas. There is also a high demand for security estate living and Whale Rock Ridge is one of the most popular. Established in 2003, it is adjacent to the spectacular Robberg Peninsula and Robberg Coastal Corridor. It is ranked as one of the top 10 estates in South Africa. With its up-to-date security technology, open green belt areas and an emphasis on maintaining the natural ecology the estate is popular with permanent and holiday buyers. The estate is 369 017m² with 157 erven. Transfers from the beginning of 2018 total 17 sales, 11 stands and 6 houses with the highest price achieved being R17,600,000 sold by Sotheby's International Realty.
Both Old Plett and Whale Rock Ridge enjoy the same northerly aspect and excellent sea views, so it is easy to see the popularity of both old and new. Selling and listing in all areas of Plett I am very happy to do a market-related valuation on your property.
By Carrie Maclean, estate agent at Lew Geffen Sotheby’s International Realty Plettenberg Bay and Old Plett area specialist: email@example.com or 082 566 1881.
Click below for more details on an example of an Old Plett property:
Panoramic sea views and the stand in front is included!
Asking price: R9,800,000