Harbour Island, Gordons Bay

Harbour Island was carved out of the Gordon's Bay coastline over 25 years ago, reminiscent of Venice with its terracotta tiled roofs and canals and waterways that have a total property value of well over R2.5 billion. This fully functioning man-made marina, with Blue Flag status, offers the very best in waterside living with its canals and waterways, views of the surrounding Hottentots Hollands Mountains, and the False Bay coastline.

This unique marina estate offers its residents excellent security, where children can still play in the street, landscaped gardens, and a semi-private beach. The estate covers 21.67ha and consists of 506 sectional title units with prices starting at R1.2 million and 213 freehold properties where prices start at around R1.8 million up to R25 million for a super luxury home on the water with its own mooring.

When considering the estate as an investment it would be prudent to know that the median property values have doubled over the last ten years with the average transaction price now standing at R1.8 million for a sectional title and R4.25 million for a full title property. This is also due to the excellent Board of Directors, supported by several management committees ensuring a well-managed estate through a highly competent administration team, qualified staff that operates on sound business principles.

Harbour Island offers a broad range of options for buyers and investors with a 3 bedroom freestanding rental starting from R17 000 to R22 000 per month and a 2 bedroom apartment on the canals starting at R8500 and could go up to R16 000 depending on the location giving a lovely return on investment.

With private access and within walking distance to popular restaurants in the marina such as the legendary Berties Mooring and Antonio's where you can enjoy the atmosphere of the marina itself. This is also where you would find The Krystal Beach Hotel that offers many facilities including restaurants, a cocktail lounge, and a convention center. The Marina is also the proud home of the Gordon's Bay Boat and Angling Club.

The estate is conveniently located within walking distance of a supermarket, pharmacy, doctor's rooms, and numerous takeaway restaurants. It is also within walking distance of the Gordon's Bay bowling club where you can hone your skills as a bowler or simply join as a social member and enjoy their company.

With all this estate offers there is no wonder that it attracts buyers from Gauteng, KwaZulu Natal, the Free State showing just how popular it is with those wanting to semigrate. Its charm is not lost on the foreign buyers looking to invest in holiday and retirement property.

Located in the picturesque village of Gordon's Bay, with its quirk streets, steeped in old-world charm, all the modern amenities you might be looking for, 40 minutes away from Cape Town and within 60 minutes from all major sights in the Western Cape and the wine root, it is clear why Harbour Island is such a popular place to stay.