THE Helderberg offers a wide choice of value-for-money properties, says Gerrit van Zyl, co-owner of the Aida estate agency group's Helderberg franchises.
"There is a high availability of residential units in the market and properties start at prices as low as R400 000 for two-bedroom flats in Somerset West.
Prices go as high as R20-million in upmarket areas." He adds that there is especially good value in nearby Gordon's Bay. "Home prices here range from as little as R750 000 up to about R2-million. Properties towards the mountain, which afford views across Bikini Beach, are very sought-after and popularity and demand push prices higher. Most homes here sell at prices of between R2-million and R8-million."
However high stock levels now afford investors a good opportunity to negotiate price, Van Zyl says. "Property in the whole Helderberg should increase in demand. And an extensive new development between Macassar and Strand is expected to further boost the residential and commercial property markets of the region."
