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Look to the north, Pretoria homebuyers advised

Pretoria homebuyers looking for great value should focus on the suburbs north of the Magaliesburg, where there is currently more stock available for sale than in many areas to the south and east of the city.


4 Bedroom Small Holding for sale in Winternest, Akasia
 
So says Polla Erasmus, owner of the RealNet Pretoria North franchise, who explains that winter and extensive roadworks in the Poort area which provides the main access route to the northern suburbs has dampened demand and slowed sales here in the past few months.
 
"But with the advent of summer, there has already been an uptick in interest as more buyers start to realise that values north of the Magaliesberg are set to escalate quite rapidly once the roadworks to accommodate the bus lanes for the new Tshwane bus rapid transit (BRT) are completed.
 
“This will drastically reduce the traffic volumes through the Poort and make access to the CBD and many other parts of the city much easier and quicker.”
 
The R2,6bn BRT system (named A Re Yeng) will eventually encompass about 80km of dedicated bus lanes with 62 stations, and run from Soshanguve in the north-east through the Pretoria CBD to Menlyn (with a branch to the Hatfield Gautrain terminus) and on to Mamelodi in the east. The first phase is due for completion by the end of the year.
 
Meanwhile, Erasmus says, property demand and values in the northern suburbs are also set to benefit from the extensive development planned for the Rainbow Junction node to the north of Lavender Road.
 
“As it is, though, we are now seeing a steady increase in sales in the affordable R400 000 to R1m price range which offers buyers a choice of flats and townhouses in secure complexes, as well as solid family homes, some with separate cottage orflatlet on the premises.
 
“And buyers are also finding excellent value in the luxury market. Large family homes at higher elevations of the Magaliesberg in suburbs such as Florauna, Ninapark and Amandasig offer lovely views as well as seclusion thanks to the typically large stands.
 
"The climate here also allows for tropical gardens that stay verdant during winter, which greatly enhance the genteel ambiance of these suburbs. And, of course, many top homes have swimming pools and lapas to make the most of the balmy climate."
 
She says these upmarket suburbs are being targeted by professionals running their businesses from home and while the traffic congestion has not played a significant role in this sector of the market, value still compare very favourably to upmarket destinations in other Pretoria suburbs.
 
“Prices range up to R5m, but at R3m buyers can expect an exclusive lifestyle. For instance, we are currently marketing a four-bedroom home with three bathrooms, a home office, pool and lapa on a very spacious stand of about 2700sqm at R3m."


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