Investing in a property at Prince’s Grant has become a very attractive, multi-faceted investment. It is an investment that will keep on giving, whether you plan to rent it out, live in it full time, use it as a holiday home, to supplement your income, or retire to one day. Prince’s Grant property agent, Martin Peterson of Peterson Properties explains why property at Prince’s Grant is a great all-round investment.
“Investing in a property in Prince’s Grant estate is more of an investment than simply buying a house,” says Peterson. “You are making an investment in terms of property, where you can seldom go wrong; it is an investment in terms of a holiday home, for private use or to rent out; it can be a rental property to be rented out on a full time basis or you can prepare for your future and invest in a retirement home.”
Property at Prince’s Grant is becoming more desirable for two reasons: the location where the estate is situated and the generously proportioned homes and properties on the estate. Located near the buzzing metropolis of Durban, a short 45 minute drive from King Shaka Airport and only half an hour from the popular holiday destination Ballito, the estate is close enough to enjoy the big city and then escape into the country feel of Prince’s Grant. The estate boasts its own private beach and a freshwater lagoon, ideal for fishing and canoeing.
Buying a property at Prince’s Grant is an investment with many aspects. Homeowners also have a share in all the commercial aspects to Prince’s Grant, including the Lodge, world class golf course, conferencing facilities and restaurants. As the estate is in a sound financial position and very well managed, this enhances the appeal for investment opportunity.
Property in the estate can also be purchased as a holiday home, which can be used for private use or to rent out. The weakening of the Rand has seen more local holiday makers swapping expensive overseas holidays for domestic vacations instead, while more foreign travellers are taking advantage of the Rand and discovering South Africa’s world class holiday destinations. Holiday homes at Prince’s Grant have been known to earn up to R6000/day during peak season. Peterson says, “The rental market at Prince’s Grant is booming and it would be wise to take advantage of that sooner rather than later.”
There are two different kinds of properties at Prince’s Grant: the typical ‘lock up and go’ holiday home and those that are designed for living in year-round; and most are priced from R3 million to R4 million. “The features and amenities of the estate that make it an attractive holiday home are even more ideal to live in full time,” says Peterson. “The estate is manned by 24 hour security guards and 98 security cameras. There are three communal swimming pools on the estate and a kid’s playground, including a mini soccer field, to name a few.”
The estate is ideal for families with children looking for a place where their kids can play outside and be secure in the knowledge that they are safe. With only 500 units and 70 permanent residents, the estate has a feel of exclusivity not easily felt elsewhere.
For those looking to retire to a place with security, tranquility and a better quality of life, Prince’s Grant has all of that and more. It is the perfect reward for a long working life and here is where you will find the peace and serenity you crave. A property in Prince’s Grant estate can also supplement your income after your retirement by acting as a rental property. Having a steady passive income after you are no longer able to work can make all the difference to your retirement.
Property at Prince’s Grant is an investment that is multi-dimensional and will keep on providing for you and your family for many years to come. For more information, visit, www.petersonproperties.co.za or contact Martin Peterson on 0825608570. Alternatively you can browse current properties for sale at Prince’s Grant, on the Properties page.