New homes in Parklands North offer great value

With the challenging economic conditions surrounding the property market buyers are more conscious than ever before of getting value for their money. 

5 Bedroom House for sale in Parklands North, Blaauwberg

Homebuyers want to know that they are getting the best deal possible, while still purchasing the home of their dreams, says Caron Leslie, Broker/Owner of RE/MAX Property Associates, which is situated on Blaauwberg Road in Table View.

Leslie says that real estate agents from RE/MAX Property Associates service a wide area, stretching from Melkbos to Milnerton, with a westerly berth that includes, Sunningdale, Parklands and the hottest new suburb, Parklands North, which is developing at an astounding pace.

Veronica Clark, Estate Agent for Team Driekus van der Linde, who operates in Parklands North and specialises in new homes, says that the area is highly sought after among buyers at the moment. She notes that this is largely due to the area’s excellent location bordering Sunningdale. “The area offers convenient access to the N7 and R27 roads, schools, gyms, and the vibrant Sandown road for shopping. Living in Parklands North will be further enhanced with the new Table Bay Mall opening its doors in October 2017 and offering the residents a world class mega mall of around 90 000m2 of retail therapy. Future developments in the area include a high school, new roads and the development of Berkshire Boulevard. Upgrading security is also on the cards with cameras being installed at strategic points throughout the suburb,” says Clark.

Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, says that location and proximity to amenities are key elements that should be considered when making a property purchase. These aspects will have a direct impact on the appreciation potential of the home over the long term.

In Clark’s opinion, currently one of the best buy in Parklands North is without a doubt Jubilee Village.  “This security complex offers free-hold duplex units for families, without the added financial strain of sectional title levies. Selling at R1.499 million inclusive of VAT for a three-bedroom unit, this is an excellent entry-level property into a very sought after area, where the surrounding properties fetch between R2.3 million to a staggering R3.55 million.”

According to Clark the best value for money homes in Parklands North are brand new freestanding properties situated on fairly large plots of around 540m2, offering accommodation underroof of approximately 230m2. These homes generally sell from between R2.35 million and R2.5 million inclusive of VAT. “There is a healthy demand for properties within this price range as they offer top quality finishes, awesome designs and loads of potential in terms of upgrading without the too much risk of overcapitalizing,” says Clark, who adds that these properties fall mainly into the mid-range price class and can either be turnkey projects or plot-and-plan options.

She notes that features that have captivated the attention of buyers in the area definitely include open-plan living spaces with a great flow to an outdoor entertainment area. “Braaing and entertaining is the South African culture and the cosmopolitan demographics of the clients we work with all demand this as a top priority. Well- appointed kitchens are and will remain an excellent selling point. Cocooning continues to be a trend and thus bigger bedrooms are often the next most demanded feature. A third garage or drive-through garage is important to the man of the house who at this level would like to house extra cars, bikes or boats and other leisure equipment. Double-story homes are very much in demand and abound in the area,” says Clark.

“The diversity of the property available as well as the cultural diversity of the current and prospective residents in Parklands North is unique.  The area offers good property investment opportunities to buyers from all walks of life. I consider all the properties in Parklands North from entry-level to the higher end homes to be great value for money,” Clark concludes.

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