An insight into Tuscany Ridge Estate, Potchefstroom
Tuscany Ridge Estate is one of Potchefstroom’s most prestigious and elite areas and most significantly the first estate in Potchefstroom that can compare with the lifestyle estates in bigger cities and urban areas.
The estate has a very specific owner profile with an LSM10 High rating. The layout of the 46.8 Ha estate is situated around the magnificent entrance gate as well as a few eye catching bass dams. The name of the estate speaks for itself and the architectural style reminds of the typical Tuscan style with houses also designed in the modern and French Provincial styles.
Tuscany Ridge Estate location
Situated on the R53 to the North of Potchefstroom, Tuscany Ridge is close to the popular Van Der Hoff Park Pick n Pay shopping centre, has easy access to the R53 and the N12 and the nearest school to the estate is Potchefstroom Gimnasium High School (popularly known as Gimmies). The estate is situated only 2.3 km to the nearest entrance gate of the North West University Potchefstroom campus – making the estate the ideal home for both lecturers and staff of the NWU alike.
Tuscany Ridge Estate residents profile
Tuscany Ridge Estate owners are mostly aged between 36 years and 64 years, however the recent activity in the estate makes it evident that the young adult group, aged between 18 years and 35 years are on the increase in the estate.
Tuscany Ridge Estate houses for sale
A few of the masterpieces currently in the market include this 3 bedroom home that is ideal for the modern family, this 5 bedroom home with a swimming pool and this magnificent 6 bedroom home that presents the owner with the perfect opportunity to enjoy a lifestyle of luxury and elegance – complete with a breathtaking view of one of the bass dams.
Tuscany Ridge Estate growth
Even in difficult economic circumstances sales and demand are at a healthy level – good news to owners. Especially those that have bought in the early days of the estate, as their investment has grown considerably over the past few years.
The largest part of Tuscany Ridge constitutes of free hold homes, but the availability of ample sectional title schemes creates a path of entry into the estate for buyers or tenants in perhaps a slightly lower LSM income group as well as creating good opportunities for investors.
Tuscany Ridge Estate financial status
Interest from banks are always positive and highlights the healthy, well organized and well functioning home owners association that Tuscany Ridge has.
Tuscany Ridge Estate – Engel & Völkers Potchefstroom opinion
According to Carl Venter, License Partner of Engel & Völkers Potchefstroom, the growth in Tuscany Ridge Estate and the entire Potchefstroom property market has been good the past 2-3 years. “In our experience security conscious buyers prefer to look for property in Tuscany Ridge. Through our continuous market research we found that the demand for property remained constant and it is evident that prime residential expansion for the next few years will be to the North of Potchefstroom” Carl says.
For more information on property in Tuscany Ridge Estate or for a free valuation of your property, contact Derrick Goossens 0616447847 or Derrick.Goossens@engelvoelkers.com