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Cape Town - Living in a golf estate is akin to achieving middle class utopia for members of South Africa’s chattering class. However, there are some sound commercial reasons for living in a walled estate replete with fairways, man-made lakes and tennis courts.
Freehold property in several well-known KwaZulu-Natal golf estates have delivered remarkable investment returns, data from from Lightstone Statistics revealed.
The results come from a survey of a basket of properties that have sold more than once over a particular timeframe.
