Estate Living November 2016 Digital Issue | Page 40

property and pay levies in their own right.
Jeff leads an executive committee of four
who report quarterly to the board. St Francis
Links is run as a sound business without
compromising quality or service. The club
and the estate are separate companies, both
overseen by the board, and the homeowners
are the owners and members of both entities.

THE NEXT TEN YEARS – AND BEYOND
…

ESTATE REPORT
ST FRANCIS LINKS

We asked Jeff about his plans for the second

PERIOD OF OWNERSHIP
1%

63%

29%

8%

Existing Owners

ten years of the estate’s life. How, we
asked, did he see the estate growing and

11 >
8-10
5-7
< 5 years

57%

0%

43%

Recent Sellers

31%

4%

Stable Owners

57%

AGE OF RESIDENTS
22%

44%

65 >
50-64
36-49

18-35

21%

25%

29%

25%

Recent Buyers

FREEHOLD UNITS
Purchase Date:
2016/07/05
2016/09/02

Purchase Price:
R 2 950 000
R 4 300 000

Erf size (m2):
1374
1020

www.lightstone.co.za

developing, and what did he expect or hope
for in the next cycle − the next ten years?
His reply was decidedly upbeat, “We are
always looking to add to the array of activities
on offer. As we move into our second ten
years, It’s all about community – growing
the spirit of friendship and camaraderie
on the estate. Communication is the key
to everything and we talk to each other
through weekly newsletters, monthly social
get-togethers, and regularly with different
events and functions. We believe that
every person who arrives on the estate is a
potential homeowner, and our entire staff
embraces that, so we treat every guest as a
member for the duration of their stay.”

Harcourts, one of the real estate agents committed to selling and managing property on the
Links, share space with their sales material in the Clubhouse. Marsha Cooper, the Principal of
Harcourts St Francis Bay explains that investors experience a high return on holiday and short
stay rentals. St Francis Links is also very popular with families living and working in the area, so
there is a waiting list for long-term occupancy.
So it seems St Francis Links is – and will continue to be – a community in which active families
can raise their children in a place where they can learn how to ride waves, how to play golf and
how to put balance into their lives – the balance between surf and turf, and the balance between
family time and me time. A place where they can grow into whatever direction is right for them.
As Jeff sums it up, the long-term vision for the estate is “to provide a secure environment with a
solid financial base and a great variety of lifestyle choices.”
www.stfrancislinks.com