select
|

Top Vryburg agency converts to Chas Everitt International brand

Lying at the heart of the enormous cattle farming and beef producing district often referred to as the “Texas of SA”, the North West town of Vryburg is one of the country’s most important agricultural hubs – and has a surprisingly busy property market as a result.
 
In fact, the demand for property here is such now that it has prompted well-known local attorney and estate agency owner Hardus van der Westhuizen to “go big” and convert his agency to the Chas Everitt International brand.
 
“The residential and agricultural property sectors in Vryburg are growing strongly at the moment, and we believe the time is right now to expand our real estate operation and join a group that will provide us with the most up-to-date technology, business systems and marketing platforms available, so that we can provide property buyers and sellers here with the best combination of local expertise and modern, absolutely professional service,” he says
 
Situated halfway between Kimberley in the Northern Cape and Mafikeng, the capital of the North West province, Vryburg is thought of by many people as being “in the middle of nowhere”, but it is actually well-connected by road (the N14), rail and air to most parts of SA, as well as Namibia and Botswana.
 
It has its own airport and, Van der Westhuizen points out, it even has its own Deeds Office to underline its importance as the commercial centre of a very large territory.It also has a private hospital, a new district hospital, several primary and secondary schools, a bustling business and shopping centre and good infrastructure.Several national and provincial government departments are also represented here, including Agriculture, Education, Health and Rural Development.
 
“There is no doubt that the town is growing, and that more business opportunities and jobs are being created, which is resulting in the increased housing demand,” he says. “In addition to the usual demand from farmers who need in-town accommodation and local residents who are upgrading or scaling down, an increasing number of people are relocating to Vryburg for work reasons, and investment buyers are also beginning to take an interest because the demand for rental homes is also rising.”
 
Home prices in the town range from around R200 000 for a small flat all the way up to about R2m for a large, well-appointed family home, but the most popular purchases at the moment are townhouses and three-bedroom homes in the R600 000 to R1m price range. Residential rentals, meanwhile, range from about R1500 a month to about R7000.
 
As for agricultural property, the mainstay of the local market, land prices in the area around Vryburg range from R4000/ha all the way up to about R15 000/ha, depending on the type of farm and the extent of any buildings or other improvements. Cattle farms are obviously the most popular buys, Van der Westhuizen says, but there is also increasing demand for land suitable for game farming, while irrigation farms and those suitable for maize and groundnut production are also sought-after.
 
Smallholdings and farms currently for sale in the area range in size from around 20ha to well over 4000ha, and are priced from around R1m to about R25m. There are also several commercial game lodges for sale at prices up to about R70m.


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 22 Jun 2018
      The rental market in many Johannesburg suburbs has shown encouraging signs of revival this year but it remains a competitive market and landlords who best cater to their market’s needs will reap the healthiest returns.
    • 22 Jun 2018
      Home design is constantly evolving to reflect the changing needs of society. We look at some of the ways in which our use of space is changing.
    • 22 Jun 2018
      While estate agents can help the seller with correctly pricing the property and marketing a property to the right pool of potential buyers, at the end of the day it’s the impression that the property will make on buyers that counts the most.
    • 21 Jun 2018
      Anyone who’s ever been involved in a building project that’s gone wrong will appreciate the importance of adequate insurance cover in the construction industry.
    • 21 Jun 2018
      A recent news story about a blind tenant caught in a legal battle with his body corporate over letters and notices he was unable to read and consequently comply with has raised the question: what are the legal obligations for landlords with disabled tenants?
    • 21 Jun 2018
      A trend that’s taken the world by storm in recent years is that of hygge (pronounced: hue-guh), a Danish concept that is about creating intimacy, connecting with loved ones and taking pleasure in small, ordinary things.
    • 20 Jun 2018
      Buying or selling real estate isn’t as easy as it is portrayed sometimes, especially if there is a death of a party during the transaction which can make it awkward, tricky and inconvenient.
    • 20 Jun 2018
      With interest rates remaining at historic lows and banks continuing to compete for mortgage finance business, first-time buyers with funds at their disposal are currently well-placed to gain that initial foothold on the property ladder, particularly in the light of the slightly lower growth rates currently experienced in residential property values.
        
    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