select
|

New development launches in Northriding

With the demand for good value-for-money properties in the Northgate area vastly outstripping the current supply available, a new development called Northgate Heights has been launched to the public.




Robbie Kreser, Broker/Owner of RE/MAX Executive Group who is marketing the development, says that with the current strong demand for property that is well-placed within proximity to sought-after amenities, he expects that Northgate Heights will be extremely popular among property buyers and investors looking to add to their current portfolios. “Not many areas within the Johannesburg region provide as many amenities in such close range, while still offering homes that are affordable for first-time buyers. Northgate Heights is located within walking distance to the Northgate Shopping Centre, a major retail and lifestyle hub. It is also close to the Coca Cola dome, which hosts a number of premier events throughout the year. Other attractions in the area include excellent schools, the Olivedale Hospital and a Virgin Active gym. Any amenities that anyone would need are within a five kilometre radius,” says Kreser. “The development will provide buyers with an excellent investment opportunity in a highly sought-after area.”

Aside from the amenities in the area, Kreser says that another draw card of the development will be the 24-hour security. Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, says properties which offer security features and that are close to amenities are highly sought after and, as a result, offer investors excellent returns. “Security is one of the most common reasons why South African buyers choose the homes they purchase. It is a driving force behind both property buying decisions as well as the appreciation potential of property,” says Goslett.

According to Kreser the units within Northgate Heights are expertly designed and high-end, yet are still affordable apartments that range from one bedroom, one bathroom to three bedrooms, two bathrooms. The apartments range from 62m2 in size to around 96m2 depending on the arrangement. He adds that pricing for the one bedroom, one bathroom configuration starts at around R699 000, while two bedroom, two bathroom units are priced from R995 000, three bedroom, two bathroom units are priced from R1.295 million and exclusive loft apartments start from R1.17 million.

“For investors who want to purchase a unit in the development as part of a rental portfolio, RE/MAX Exclusive will let and manage the unit so they won’t have any additional admin to worry about. As part of the management service, we will vet potential tenants to ensure that the right tenant is selected. Tenant selection is a vital aspect when deciding to let out an investment property,” says Kreser.

He notes that there are several facilities that are in the pipeline for Northgate Heights which will further add to its lifestyle appeal. These include an onsite restaurant, a micro-brewery, a clubhouse with recreational room, a picnic area and a gym. Kreser says that the entire development will also be Wi-Fi enabled. “Northgate Heights is the ideal development for buyers who want to enjoy a great lifestyle in a modern home that is well-positioned and has all the things they need right on their doorstep,” Kreser concludes.


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 23 Jan 2018
      Many people only start thinking about home-ownership when they are ready to “settle down” or start a family, which is why first-time buyers these days are generally in their mid-30s, compared to those in the previous generation who were usually in their mid-20s.
    • 22 Jan 2018
      Moving away from the city to a country or coastal town and a slower-paced life is a frequent new-year resolution for South Africans, but thorough research should be done before you break free from the hustle and bustle, because making the wrong move could turn out to be a very expensive mistake, and even more stressful for you and your family than staying in the “big smoke”.
    • 22 Jan 2018
      Cape Town is home to many breathtaking and historic homes, but House Invermark designed in 1969 by South African architect Gilbert Colyn, with inspiration from two modernist icons: the Glass House by Phillip Johnson and Farnsworth House by Ludwig Mies van der Rohe is in a class of its own.
    • 22 Jan 2018
      2017 was a challenging year for the South African property market in general, despite small pockets of thriving activity in areas like the Western Cape. As we head into 2018, Tony Clarke, Managing Director of the Rawson Property Group, casts his eye forward to property trends and market influences that could make their impact felt in the New Year.
    • 19 Jan 2018
      Extending from Randfontein in the west to Roodepoort in the east and including the towns of Krugersdorp and Magaliesburg, the West Rand has a plethora of property available to residents who choose to make this unique area their home.
    • 19 Jan 2018
      When it comes to financial planning, doing the work to ensure you’re prepared for unexpected emergencies is just as important as ticking off your other goals and New Year’s resolutions. The beginning of the year is also the perfect time to review your various insurance policies.
    • 19 Jan 2018
      No surprises at the first Monetary Policy Committee of 2018, as Reserve Bank Governor, Lesetja Kganyago, announced that the interest rates would stay at their current levels.
    • 18 Jan 2018
      The Southern Suburbs make up some of the most popular residential areas in Cape Town, comprising charming groups of suburbs which lie to the south-east of the slopes of Table Mountain. It is seen as the city's most expensive residential neighbourhoods with a choice of various private schools, upmarket eateries, wine estates, beautiful homes and trendy apartments.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK