Moot market ‘exciting’ says new franchisee

Top performing estate agent Antoinette Hoeksema has decided the time is right to open her own business, so has acquired the RealNet franchise for the Moot East area of Pretoria.

“I see this as one of the most exciting real estate prospects in the city right now,” says Antoinette, who lived in this part of Pretoria before relocating to Randburg for a few years. “There is a high level of buyer interest due to the area being so central and having such a well-established infrastructure, and millions of rands worth of property have been sold here over the past few years, despite the economic downturn.

“The properties here are also generally very well-priced and offer good value for money compared with many newer parts of Pretoria. So although this new venture is bound to be a challenge, I have no doubt that it has a successful future ahead.”   

The Moot East area encompasses such diverse suburbs as Colbyn, East Lynne, Gezina, Kilner Park, Moregloed, Queenswood, Rietfontein, Rietondale, Riviera, Villieria, Waverley and Wonderboom South – and it thus caters for a huge range of buyers, from students and first-timers looking for small flats to top executives and professionals who would like to own a hilltop mansion.

“In Gezina, Riviera and Waverley, for example, there are bachelor and one-bedroom flats available from around R250 000 to R300 000 that are excellent buys for students at the University of Pretoria and for staff at the Steve Biko academic hospital and the new Department of International Relations campus in Soutpansberg Road,” she says.

“Two bedroom flats in the same areas and also in Wonderboom South are priced from around R350 000 to R500 000 and make great starter-homes for newly-married couples and even small families as they are close to many excellent pre- and primary schools and shopping centres, and on public transport routes for those who work in the city centre.”

Antoinette notes that Sectional Title townhouses and duets with at least two bedrooms and two bathrooms are available in secure complexes in Kilner Park, Moregloed and Queenswood at prices from around R650 000, while three-bedroom options, which are available throughout the Moot East area, start at around R720 000 and range all the way up to about R1,5m depending on the suburb.

“The prices of family homes suitable for those with older children and well-located in relation to some of the top high schools in the country start at prices as low as R700 000 for ‘golden oldies’ that need lots of renovation but are generally very spacious and set in large gardens.

“However, renovated and more modern homes and freehold clusters sell for an average of around R1,2m, while at the top end of this market, very large and luxurious properties in Colbyn, Rietfontein, Rietondale and Waverley start at around R2,5m and range all the way up to around R8m. So there really is something for everyone.”

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