{"id":809778,"date":"2025-01-31T17:00:00","date_gmt":"2025-01-31T15:00:00","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=809778"},"modified":"2025-01-31T15:59:34","modified_gmt":"2025-01-31T13:59:34","slug":"a-look-at-the-r68-million-country-house-for-sale-in-south-africa","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/property\/809778\/a-look-at-the-r68-million-country-house-for-sale-in-south-africa\/","title":{"rendered":"A look at the R68 million country house for sale in South Africa"},"content":{"rendered":"\n

Le Petit Verdun in Franschhoek is on the market for R68 million, where property prices are reaching staggering highs. <\/p>\n\n\n\n

According to Seeff<\/a>, the 1.80-hectare farm is only minutes from the Franschhoek village. <\/p>\n\n\n\n

Seeff said that the owner’s villa is a grand and imposing home, which is in immaculate condition. <\/p>\n\n\n\n

The Villa has a grand entrance with a weeping staircase, an intimate library, an open-plan drawing room with a fireplace, a dining room and a front kitchen, which all open onto a sunroom\/music room. <\/p>\n\n\n\n

The folding glass doors in the sunroom lead to a pool, patio and garden. <\/p>\n\n\n\n

“The house lends itself perfectly to entertaining on grand style, with a full separate kitchen, ideal for catering,” said Seeff. <\/p>\n\n\n\n

“The Verdun Country House sits next to the Villa and offers five bedrooms, two lounges, a large country-style kitchen and own private pool.” <\/p>\n\n\n\n

The original barn was transformed into a studio, which features a high ceiling, open plan working space with one bedroom and bathroom and a wonderful champagne cellar.<\/p>\n\n\n\n

The Owl Cottage is an additional cosy one-bedroom flat, which is self-contained and also connected to the original barn area and also to the Tack Room.<\/p>\n\n\n\n

The property features also features amenities for horses such as six stables, a tack room, a lunging ring, an arena and paddocks. <\/p>\n\n\n\n

Seeff previously said that the towns of the Cape Winelands and Boland region have enjoyed a few prosperous years.<\/p>\n\n\n\n

Property prices in the areas are reaching well over R10 million to R20 million. <\/p>\n\n\n\n

Lightstone data showed that the median property prices are up by between 53% to 119% on average over the last 5-10 years. <\/p>\n\n\n\n

This comes off the back of higher semigration and the desire among buyers for a quiet, country lifestyle. <\/p>\n\n\n\n

Wealthy property buyers are also investing more in Stellenbosch,\u00a0Franschhoek, and Paarl, particularly in estates such as Val de Vie and De Zalze.<\/p>\n\n\n\n

Young families are also moving to the area due to the great schools in the area, such as the Bridge House in\u00a0Franschhoek. Stellenbosch University is also a big drawcard.<\/p>\n\n\n\n

“The scenic surroundings, mountains, and valleys, and wine farms with their rolling vineyards all add to the allure,” said Seeff. <\/p>\n\n\n\n

“Close proximity to Cape Town is another benefit, and the new Winelands Airport under construction is set to add further to demand for property in the area.” <\/p>\n\n\n\n

Franschhoek boasts the highest average transaction price in the area of R5.5 million, followed by Stellenbosch at R3.2 million and Paarl at R2 million.<\/p>\n\n\n\n

Prices have grown by up to 64% over the last five years, and have doubled in ten years in these three towns.<\/p>\n\n\n\n

Franschhoek has also emerged as a premier destination for its village setting amidst the mountains and rolling vineyards. <\/p>\n\n\n\n

70% of the sales fall above R3 million, with the average price for homes running from between R8 million to R20 million. <\/p>\n\n\n\n

Dina Boshoff, an agent with\u00a0Seeff\u00a0Franschhoek\u00a0said there is always a shortage of good stock, with both short-term and long-term rentals doing well.<\/p>\n\n\n\n

Seeff’s Katharina Roth-Munnik added that most tenants look in the R10,000 to R20,000 per month range. <\/p>\n\n\n\n

These renters are looking for farm cottages, small apartments in the town centre, or homes in the beautiful estates.<\/p>\n\n\n\n

Images of the property, which is also being sold by Chas Everitt<\/a>, Tyson Properties<\/a>, and Greeff Christie’s International<\/a>, can be found below: <\/p>\n\n\n

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<\/p>\n","protected":false},"excerpt":{"rendered":"

With prices continuing to rise dramatically in Franschhoek, there is no shortage of stock in the area. <\/p>\n","protected":false},"author":95,"featured_media":809838,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12755],"tags":[10773],"class_list":["post-809778","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-property","tag-seeff"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/809778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/95"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=809778"}],"version-history":[{"count":4,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/809778\/revisions"}],"predecessor-version":[{"id":809841,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/809778\/revisions\/809841"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/809838"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=809778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=809778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=809778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}