Proposed new private hospital for Parys will boost demand for homes

The property market in Parys, situated in the Northern Free State along the banks of the Vaal River and just over an hour from Johannesburg, is showing a healthy growth of around 12 percent year on year, a trend set to continue as a number of new commercial projects are in the pipeline for Parys and the number of weekend visitors continues to grow.

Set on a well located stand of 1 784sqm in Parys this period house with four bedrooms and three bathrooms includes original features such as wooden floors and fireplace. It is marketed by Pam Golding Properties at R1.8 million.

Says Phil Medlock, Pam Golding Properties area principal in Parys and Sasolburg: “There is a proposed private hospital in the pipeline which we believe will make a huge difference to the Parys area as the closest medical facility of this nature is currently about 50km away and is the reason why many elderly people relocate.
“The Parys property market has always been active but recently is attracting people looking not only for a weekend lock up and go property but also on a permanent basis, either to retire or to commute to the office in Johannesburg or the greater Vaal Triangle area.
“Parys is accessed by a number of excellent highways with the R59 extending all the way to Alberton, a mere 60 minutes away and Johannesburg easily accessed via the N1 highway.”
For weekenders, tourists and travellers Parys is renowned for its restaurants, numerous art galleries, antique shops, craft shops and micro breweries as well as being the inland adventure capital of South Africa. Thrill seekers are attracted by the diversity of adventure sports. From white water rafting and sky diving to hiking, abseiling and zip lining, Parys and the nearby World Heritage Site, the Vredefort Dome, has it all.
In addition, the town and surrounding areas have more than 100 guest houses and lodges catering to all needs as more and more people are looking to escape to the countryside.
Says Medlock: “Parys certainly ticks all the boxes. It has a number of housing options from secure complexes and golf estates to free standing homes, while period homes are highly sought after with many featuring original wooden floors and pressed ceilings and dating back to the early 1900s.

Situated in Parys and priced at R980 000 through Pam Golding Properties, this centrally positioned house - dated 1853 - is set on 1 360sqm and includes an attractive garden.

“Pricing starts at around R450 000 for three bedroom, two bathroom freestanding houses in town, or two bedroom two bathroom units in complexes. Property prices on the golf estates start at R250 000 for stands measuring from 600sqm to houses from R2.5 million which would acquire top finishes and from three bedrooms.
“The most popular pricing remains in the R450 000 to R800 000 bracket with a number of value for money buys available. At present we have a number of period homes available for purchase starting at around R600 000 and needing some renovation, to fully restored properties with views over the golf course set along the river and priced from R850 000.”

  Comment on this Article

  Please login to post comments

Post to my facebook wall
Characters remaining

    Latest Property News
    • 17 Nov 2017
      FWJK has announced the launch of its latest residential brand, the Lil’ Apple, which will be launched simultaneously in two developments in Cape Town and Umhlanga totaling 600 apartments. The Lil’ Apple is set to be a brand of FWJK’s New York style apartments which will be rolled out nationally.
    • 17 Nov 2017
      It’s been a tumultuous year on many fronts, with socio-political uncertainty setting the tone for much of South Africa’s economic activity yet despite this and seemingly counter-intuitively, the residential property market has held up well.
    • 17 Nov 2017
      The EAAB (the Estate Agency Affairs Board) recently claimed that around 50,000 illegal estate agents could currently be operating illegally.
    • 16 Nov 2017
      Penthouses are synonymous with New York – characterised by high-rise living that is decidedly luxurious and spacious. While exclusivity comes at a price, you can still create a “penthouse” look and feel in your existing apartment or even the upstairs bedroom of a double storey house with some clever design changes and styling touches.
    • 16 Nov 2017
      The area has long been popular with kite surfers and, with escalating property prices in Cape Town itself, is increasingly in demand with home owners who work in town, but are looking to invest in more affordable properties.
    • 16 Nov 2017
      Cape Town’s popularity as a world-class tourist destination has resulted in a spike in the number of homes available for holiday lets and fuelled investor demand for sectional title units with short term rental potential.
    • 15 Nov 2017
      Sappi, one of South Africa’s oldest global companies and a leading global supplier of sustainable woodfibre products, has moved its global and regional headquarters to a new site on the corner of Oxford and 14th Avenue in Rosebank.
    • 15 Nov 2017
      There’s an old saying in real estate that you should seek to make a profit when you buy, not only when you sell – and a large part of succeeding at that endeavour is buying a home in an area with desirable features that will enhance the resale value of your property.
    Subscribe to the MyProperty Newsletter

    Last Name  
    Email Address  
    Email Frequency
    Share this Page

    For Sale Property
    Rental Property
    More Options
    Connect with us