Exclusive Living in Nature - On Show Daily

R 1,320,000

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For Sale By:Agency
Description
Estate Summary

The Rest is a low density, private and secure residential estate spanning 320 hectares, easily accessed via a substantial tarred road from the City centre, the elevated terrain offers magnificent views over the valley as far as the mountains of Swaziland.
The Rest offers an excellent range of residences to suit most tastes and budgets, from starter homes up to large mansions.
Buyers can choose from an impressive selection of expertly-designed and individually crafted home styles, each offering spacious and comfortable modern living and surrounded by private gardens. Or, design your own in accordance with the estate's architectural guidelines.
The infrastructure for the first phase of (400 stands) has been installed including paved roads, mains electricity, water and sewerage. 95% of these stands have already been sold to people working in and around Nelspruit, as well as to several buyers from Johannesburg and Mozambique.
In total approximately 1,100 residential stands ranging in size from 900 m2 up to over 16,000 m2 are planned, divided into five neighbourhoods located around the estate, which fall into four separate development phases:
Phase 1 - Carissa and Combretum Villages
Phase 2 - Albizia Village
Phase 3 - Gordenia Village
Phase 4 - Eugenia Village
Phase 1 (400+ stands) 95% sold out.
As a semi-tropical nature estate, the variety of trees and fauna is impressive and it is a haven for birdwatchers and wildlife lovers. The developers are working with Birdlife SA to create a bird sanctuary within the estate.
In 2013 The Rest became 100% owned by Sanlam Limited, one of South Africa's largest listed insurance and personal financial services companies with annual revenues exceeding 45 billion Rand, through their subsidiary Nelesco 569 (Pty) Limited.
Following extensive consultation with the residents and owners, in late 2013 Sanlam appointed renowned residential community specialist Secondlifestyle as Development Manager. Their international experience includes some of Africa's leading residential estates such as Pecanwood, Dainfern, La Camargue, Simola Golf and Country Estate and the multi award-winning Villas Valriche in Mauritius (voted Best Golf Development and Best Safe Home in Africa).

Property Reference #: RL9

Agent Details:
Sheyenne Vos
Prime Platinum Property
9 Lower SabiThe Rest Nature EstateNelspruitMpumalangaSouth Africa

Id Subtitle 1276741174
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Estimated monthly repaymentR 14,305
Total property loan amountR 1,320,000
Total interestR 2,113,184
Total repaymentR 3,433,184
Interest rate at 11.75% for 20 years *
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