PLUMSTEAD HOUSE AVAILABLE AT UNDER R1,5 MILLION

 Plumstead, says Lanice Steward, MD of Anne Porter Knight Frank, has in recent years been one of the largely unrecognised success stories of the Cape property scene, outperforming in its price increases many of the better-known areas – and now that we are in a depressed market it offers some of the best bargains going.

 Until recently, says Steward, price rises here have been over 15 to 20% per annum and those who bought as recently as even two or three years ago can now be grateful that they did so because the value of homes here has been better sustained than in many of the more fashionable precincts.

 APKF’s agents Neava Enslin and Wilma Vorster are now selling a Plumstead home that, they say, is one of the most attractive in the entire suburb.  Described as a cottage, it has a spacious lounge with carpeted flow-throughs to a north-facing patio and a separate dining area open plan with the living room.  The main bedroom, say the APKF agents, is particularly large and has its own dressing area.   It is flanked by two further bedrooms.

 The home has a neat, private, well-established garden and is well protected against intrusion by an alarm, security doors, Trellidors and an ADT armed response system.

 The price of R1,495,000 is highly competitive in today’s cutthroat market, says Steward. 

 “This is one buy that I can fully recommend to both owner-occupiers and investors,” she said.  “It epitomises in every way the excellent value for which Plumstead has been known for the last decade.”

For further information contact Neava Enslin on 083 501 9179 or Wilma Vorster on 083 558 7199.