select
|

Value for money and accessibility draw buyers to Kenwyn

The suburb of Kenwyn in Cape Town’s Southern Suburbs is seeing steady demand from family buyers as well as first-time entrants into the residential property market. 


This five-bedroomed home in Kenwyn would be ideal for a large family, and offers spacious reception rooms plus a large swimming pool. It is on the market exclusively through Pam Golding Properties, priced at R2.2 million.

Pam Golding Properties (PGP) reports that its accessible location, value for money homes and good schools are key draw-cards for the area, as are the uninterrupted mountain views which many properties enjoy.
 
PGP agent Shahieda Bardien says Kenwyn is located immediately to the east of the M5 highway and Kenilworth Racecourse. “This location means that residents have easy access to the central city, the airport and other highways, as well as to public transport including bus and train routes,” she says. “Furthermore the position is just 1.5km from the Claremont CBD with its major amenities including shopping at Cavendish Square and the private Claremont/Kingsbury Hospital. Even closer to Kenwyn are the popular Kenilworth Centre and Access Park, offering both major retailers and discount stores, restaurants and movie theatres, as well as a Virgin Active gym.”
 
The suburb’s affordable pricing is one of its key selling points – entry level prices start from round R800 000 for a semi-detached home, with a mid-level three-bedroomed family home costing between R1.1 million and R1.5 million. At the top end of the market, a larger and more luxurious family home can fetch up to R2.2 million. Erven are typically sized at around 650sqm. Bardien reports that the suburb includes around 900 residential homes, of which around a third are starter homes, ideal for young professionals and other first-time buyers.
 
“Families in particular enjoy the proximity to good schools,” she adds. “Both Kenwyn Primary and Sunlands Primary are within walking distance of many houses, and the area also offers good pre-schools as well as Windsor High School and the Islamia private Islamic school. The wholesome family environment is enhanced by the fact that this is a very sports-oriented community, and the Chukker Road sports fields regularly host cricket and soccer matches on weekends. You will also find many joggers and dog-walkers making use of the running track alongside these fields.”
 
Propstats indicate that between September 2012 and February 2014, 15 homes changed hands in the suburb, at an average price of R1.3 million. The highest price was achieved in August 2013 when a six-bedroomed home in Ladbrooke Road was sold for R2.1 million. (source – Propstats, all agencies)  Bardien herself has already sold three homes in Kenwyn in 2014, including a three-bedroomed home in Chukker Road sold for R1.4 million, and a three-bedroomed home with two-bedroomed flatlet in Benghazi Street, sold for its full asking price of R1.695 million on the first day of listing.
 
Among the properties currently for sale in Kenwyn exclusively through PGP is a spacious family home on grounds of just over 550sqm, which is on the market at R2.2 million. The property would be ideally suited for a larger family, and offers five bedrooms, three of them en suite, plus extensive entertainment areas including a formal lounge and dining room and a more relaxed family living room. There is a fully-fitted eat-in kitchen and an automated garage, as well as a large swimming pool. Two of the upstairs bedrooms share a balcony with uninterrupted mountain views.

Find your dream home in Kenwyn


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 18 Jan 2018
      New year, new goals! If you’ve resolved to purchase your first property in 2018, then this 6-step guide from the Rawson Property Group is a must-read. It will help you navigate and simplify what is often be seen as a confusing process of buying your first home – right from the house-hunt to the house-warming.
    • 17 Jan 2018
      While the current property market may still favour buyers, it doesn’t mean that they shouldn’t be well prepared before putting in an offer to purchase.
    • 17 Jan 2018
      Lightstone lists Blair Atholl as the most expensive suburb with an average house price of R11.2 million, followed by Westcliff (R10.5 million), Dunkeld (R9.3 million), Sandhurst (R9.1 million) and Inanda (R7.2 million).
    • 17 Jan 2018
      As it currently stands, there are four main ways in which a home can be bought in South Africa, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, who adds that deciding in which legal entity to purchase the property is not a decision that should be entered into lightly, as each has its pros and cons.
    • 16 Jan 2018
      The start of the new year is symbolic of new beginnings. A good time to take stock of one’s possessions as well as how necessary they actually are. However, seeing as the process may appear daunting – a plan goes a long way.
    • 16 Jan 2018
      The Western Cape is still in the throes of a severe drought and many households have to adjust the way they use and save water. It is a little more complicated in sectional title schemes, however, as it is not that easy to implement grey water systems for multiple users and it is also difficult to monitor water usage accurately if there are no separate water meters
    • 15 Jan 2018
      In ideal rental situations, when a lease is signed the tenant will stay for the full duration of his lease without any complications and the landlord will uphold his obligations, creating a win-win situation for tenant and landlord.
    • 15 Jan 2018
      The Atlantic Seaboard’s housing market has stoically withstood the brunt of the growing economic and political instability, consistently achieving double digit growth way above the national average, however, in 2017 South Africa’s most resilient market finally began to yield to the pressure.
        
    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