Home / Sectional Title & Estates  / Steenberg: When R1 million was a lot of money

Steenberg: When R1 million was a lot of money

steenberg resize

When buyers were given the option of plots or homes at Steenberg Golf Estate 22 years ago, at prices ranging from around R1 million, many were sceptical as to whether Johnnic’s (the developer) vision of converting a working farm to a golf estate with premier housing would be successful, or even work. These sceptics were very wrong indeed as it is now one of the premier golf estates in South Africa, says Karin van Niekerk, agent for Knight Frank Residential SA.

Property prices now range from R10 million to R20 million within Steenberg Estate, in many cases having increased almost tenfold since the estate’s inception.

The estate has an interesting history, says van Niekerk, in that it is the oldest wine farm in the Cape Peninsula, dating back to Simon van der Stel’s days. The original grant for the land here was given to Catharina Ustings Ras, who came to South Africa as a young widow and settled here in 1682 – although she only officially was allowed to farm from 1688.

Steenberg Estate has always had above average security, an excellent building and landscaping ethos and good estate management. Children can play here safely for hours, with many green belts and commons solely for their use and there are kilometres of walking paths around the estate for those who want to enjoy the outdoors but do not play golf.

Buying a home at Steenberg Estate automatically comes with membership to the golf club, which alone is worth many tens of thousands of rands each year.

“Steenberg has over the years gone from strength to strength, offering visitors and residents an above average experience,” says van Niekerk. “Whether it be wine tasting, a round of golf, a meal at the signature restaurant Catharina’s or at Bistro 1682, and a stay at the hotel, the developers and estate management here can be commended on the good work they have done.”

A four-bedroom home (pictured) in the estate is currently being marketed by Knight Frank carrying a R13,995 million price ticket.



Review overview