Fernkloof Estate, the residential Golf Estate at Hermanus Golf Club was launched in December 2004 with all erven being sold in less than six hours at a total value of R260 million. The estate comprises 331 wholly owned residential erven in 6 different precincts (or villages) situated within or on the perimeter of the newly constructed Matkovich and Heyes 27 hole golf course. All precincts, with the exception of precinct 1, have a central access security point and all homeowners have direct access onto the course via cart paths.