select
|

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
  
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