In the area 1 – Silver Lakes
Introduction

Silver Lakes Golf Estate is the address of choice in Pretoria.

Silver Lakes was the first estate in Pretoria to combine an exclusive residential living with an 18-hole championship golf course and then later added a natural area stocked with small plains game.

Location

Centrally situated in the East of Pretoria, Silver Lakes Golf Estate is close to shopping centres, schools, hospitals and a short distance from the historic Capital. With over 1700 stands and covering more than 334 hectares, Silver Lakes is one of the largest Estates of its kind.

Security

Silver Lakes Golf Estate is manned by professional security personnel on a 24-hour basis. An electrified fence, armed response, regular patrols and manned access control ensures peace of mind.

Golf Course

A signature golf course designed by Peter Matkovich is ranked amongst the top 50 in South Africa. Manicured practice facilities include a tee area, chipping green, practice bunker and target greens. The Pro Shop is world-class. An exciting addition is the Silver Lakes Golf Academy recently opened which will focus on nurturing junior and ladies golf in Silver Lakes providing the best golf and fitness instruction in the world.

Clubhouse

Central to Silver Lakes is the spectacular clubhouse, with its grand colonial architecture which provides the overall theme for the Estate. The Clubhouse has panoramic views over the picture perfect lakes. The Clubhouse also offers superb conference and banqueting facilities. The informal dining and pub area is hugely popular. A home delivery service is also available.

Wildlife

With over 140 species of birds spotted in Silver Lakes, the various lakes, dams and natural areas provide an ideal environment for a variety of animals. In 2001, a nature reserve area was incorporated into Silver Lakes. This area is home to free roaming blesbuck, nyala, impala, duiker, zebra, kudu and springbuck. A natural wetland forms the hub of the game reserve where water birds and game congregate. In addition several heritage sites were discovered in this area dating back to the late Iron Age. Nature trails as well as a game viewing deck are popular retreats for Silver Lakes residents. Besides the game reserve, the area also has approximately 180 properties which were positioned to ensure maximum views and privacy.

We look forward to welcoming you to our home, Silver Lakes.

An oasis in the “credit crunch desert”

Silver Lakes Security and golf estate has managed to withstand the pressures of the declining property market. Through good management and security control the estate was voted by Finweek as one of the best security and golf estates in South Africa and the market growth for the first six months of 2009 compared to 2008 is a clear testimony of that.

The average rand per square meter for properties on the golf course sold increased with 13,3% from R6962.00 for 2008 to R7269.00 for 2009, for properties off the golf course the increase was 4,4% from R9160.00 for 2008 to R10378.00 for 2009 and for properties in the nature reserve phase the increase was 27,2% from R7775.00 for 2008 to R9885.00 for 2009.

The decline in rand per square meter experienced on vacant stands is mainly due to very strict lending criteria applied by all major banks. Currently a 30% deposit is required for a bond on a vacant stand and it has become more difficult to obtain a building loan.

In general the demand has been very stable and security has become a priority for many buyers.

Article by: Martin Hayward - www.ikonic.co.za