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
    • 20 Nov 2017
      Since 2012, sectional title complexes have been leading the South African property market, not only in terms of price growth, but sales volumes as well. Remaining relatively strong, even in the face of 2017’s political and economic turmoil, experts say this market segment could offer valuable insight into South Africans’ property purchase priorities.
    • 20 Nov 2017
      Regardless of whether you are purchasing your first start-up home, downsizing or moving in with roommates, finding ways to maximise small spaces can be a big advantage, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa.
    • 20 Nov 2017
      Property valued at approximately R1 billion is on High Street Auctions’ sales floor during the month of November, including the much-anticipated sale of the Tshwane Mayoral Residence and the land occupied by one of South Africa’s oldest operating gold mines.
    • 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.
        
    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