Demand for well priced homes to be met in Pretoria East

This is an area where homes very seldom come onto the market, and limited new development is taking place. This has created a pent-up demand for property in the area, particularly in a secure estate. With a limited amount of property available to the market, Mooikloof Country Residences which is launching its Phase One next month, is ideally placed to satisfy the demand.

In fact, Paul Hailwood, CEO of Richprop, which is developing this secure estate in partnership with Murray & Roberts and finance from Nedbank, points out that market research indicated a need for well priced three-bedroom homes in the Pretoria East region, which is exactly what Mooikloof Country Residences will provide in a secure, family oriented estate setting.

He also notes that Mooikloof Country Residences is the only new development currently underway in the area and no other new developments are expected to come online in the near future.

The first phase will consist of 250 freehold homes available in three design styles, either single or double-storey. Priced from R1.85million, these three-bedroom homes offer exceptional value for money as they will be fully equipped with appliances including fridges, microwaves, dishwashers, washing machines, tumble dryers and wall mounted, flat screen televisions.

Furthermore, the homes will also be equipped with energy saving features to assist residents in containing their monthly utility bills. Each home will also have access to the state-of-the-art fibre optic network.

“Aside from the fact that homes at Mooikloof Country Residences are catering to a very specific demand within the community, they are also underpinned by the strong address – it is ideally placed just off Garsfontein Road in the heart of Mooikloof,” says Hailwood.

Hailwood goes on to say that the greater Pretoria East region is one of the best regions in Pretoria in which to invest in property. “This is evident in the recent sales activity and the continually high demand for property in the area. Added to this, Pretoria East also offers one of the highest property value growth rates in Pretoria.”

Another reason why Mooikloof Country Residences presents such an ideal investment opportunity, according to Hailwood, is due to the fact that those who purchase for buy-to-let purposes will be able to capitalise on the buoyant rental market in the area while simultaneously benefiting from capital appreciation on their property. “The rental demand in the area is underpinned by its excellent location and Mooikloof address,” he says.

For more information contact Werner Eksteen of REMAX at 082 411 3089 or Annie Benade on 082 577 4531. Visit the Mooikloof Country Residences HomeShow sales centre which will be open daily between 10h00 and 17h00 on site at the show village between 13 August and 4 September 2016.

  Comment on this Article

  Please login to post comments

Post to my facebook wall
Characters remaining

    Latest Property News
    • 23 Feb 2018
      RE/MAX Property Associates’ Table View Office, which services property buyers and sellers along the Table Bay coastline and surrounds, has recently sold a home in Woodbridge Island for R11 million – the highest price paid for any home in the sought-after security complex.
    • 23 Feb 2018
      Choosing to invest in an overseas property can be daunting. But as more and more investors recognise the value of a diversified portfolio that includes property outside of their own country of residence, international property investment is growing in popularity.
    • 23 Feb 2018
      The positive change in South Africa’s political landscape is paving the way for an upswing in the local property market.
    • 22 Feb 2018
      An excellent credit score is one of the most priceless assets a potential home buyer can have. This tool has the power to secure favorable mortgage and refinancing rate, influencing everything from the size of the loan repayment to the interest rate on the home loan.
    • 22 Feb 2018
      What do you do if you love your home’s location and the area, but the home no longer fits your growing family’s needs? Do you stay and renovate your existing home or find a home that meets your developing criteria?
    • 22 Feb 2018
      While every owner wants to sell their property at the best possible price, overpricing a home can be the kiss of death for a sale.
    • 21 Feb 2018
      Given the hand they were dealt, government has performed a delicate balancing act which it is hoped will serve to reignite confidence in investment in South Africa, regain our global credibility and satisfy the credit ratings agencies, says Dr Andrew Golding, chief executive of the Pam Golding Property group.
    • 21 Feb 2018
      The real estate mantra, ‘location, location, location’ remains a strong market influence regardless of the prevailing economy, with suburbs like Rondebosch enjoying the buffering benefit of being ideally situated.
    Subscribe to the MyProperty Newsletter

    Last Name  
    Email Address  
    Email Frequency
    Share this Page

    For Sale Property
    Rental Property
    More Options
    Connect with us