Pretoria & Centurion Property
Pretoria Property overview
Pretoria is the heart of the bustling Tshwane metropolis and the national capital of SA. Founded in 1855, it enjoys a year-round sunny climate and is also known as the Jacaranda City for the thousands of trees that line its roads and cover the city in a purple haze each spring.
As befits the capital, Pretoria is home to the National Zoological Gardens of South Africa as well as the National Botanical Gardens as well as the national headquarters of many government departments and the armed services. Consequently, public servants are the mainstay of its property markets.
However, Pretoria is also a centre of learning, with three large universities and two technkons,so there is also a large student population recquiring accommodation. This attracts many property investors who buy apartments and houses to let out, especially in the inner suburbs of Sunnyside, Arcadia and Hatfield.
Property types available in the city cover the whole spectrum from basic bachelor flats and cottages to the ultra-luxury mansions in the new residential estates on the city’s eastern boundaries.
Pretoria - Moot
The part of Pretoria known as the “Moot” encompasses suburbs such as the trendy artists’ enclave of Capital Park and Gezina, Rietfontein, Villiera, Waverley, Rietondale and Riviera.
It lies in the valley at the heart of Pretoria and is a long-established, well serviced area, where the original properties are generally around 50 to 60 years old. Many of the traditional 1000sqm stands are, however, being subdivided and new duet homes and townhouses are springing up to meet a strong demand for additional property in the area.
The whole area is being rejuvenated as it finds new popularity among young families and professionals because of its proximity to the city centre, the University of Pretoria and the Pretoria Academic Hospital, as well as its affordable properties and excellent schools.
The suburbs of Rietondale, Riviera, Queenswood and Colbyn are currently also experiencing increased demand for property because they are the closest residential areas to the new Department of Foreign Affairs headquarters near the Presidency.
Pretoria East Property (Old)
The part of Pretoria known as the “Old East” is the property location of choice of most of the city’s “old money” in leafy suburbs such as Waterkloof, Waterkloof Ridge, Brooklyn, Lynnwood and Groenkloof which are spread over the hills to the east of the city centre.
These suburbs – home to ambassadors, very senior public servants and the captains of industry - are characterised by gracious multimillion-rand properties set in extensive grounds with tennis courts, pools and rolling lawns. Many also enjoy spectacular views over the city.
Pretoria Old East is well supplied with upmarket shopping centres such as the Brooklyn Mall, and houses the city’s top-rated public schools. The Pretoria Country Club lies at its heart and other recreational and entertainment venues are plentiful.
It is thus not surprising that this area is perennially popular, or that property developers have made good gains in recent years by the subdividing large stands here and providing modern cluster homes and upmarket townhouses in exclusive security complexes.
Pretoria East Property (New)
The area known as Pretoria’s “New East” includes the suburbs of Faerie Glen, Garsfontein and Moreleta Park as well as several large gated estates such as Mooikloof and Silver Lakes.
All of these nodes have experienced prolific property development over the past few years, especially of sectional title units aimed at young first-time homebuyers keen on low maintenance, high security properties. Buy-to-let property investors have also done well here as there is strong rental demand.
There are also, however, many very expansive new properties to be found in the estates, which are home to the city’s “new money” entrepreneurs and top executives and generally have their own private schools, shops and entertainment venues.
The northern suburbs of Tshwane extend in a wide arc including Montana, Sinoville, Annlin, Doornpoort, Florauna, Amandasig, Ninapark, The Orchards and the township of Soshanguve.
Montana is the newest of these areas and has experienced extensive property development in recent years since the advent of the giant Kolonade shopping centre. It houses mostly sectional title apartments and townhouses and is popular among government officials due to its close proximity to the Pretoria CBD and Wonderboom Airport, and the fact that it is well-supplied with convenient shops, schools and recreational facilities.
Sinoville and Annlin, laid out along a north-facing slope, frequently offer residents excellent views, and the properties here are generally older family properties set in extensive grounds.
The homes in Florauna, Amandasig and Ninapark are typically more modern three-bedroom houses with sizeable gardens, garages and pools, although there are also some grand mansions here.
Big things are planned for Centurion courtesy of Tshwane’s urban renewal programme, which envisages the regeneration of the town’s central business district and will have significant spin-offs for the surrounding property market.
Central to the programme is the completion of a new R1,5bn convention centre - the Tshwane International Convention Centre, which will be built near the lakeside Centurion Mall and will have the capacity to accommodate approximately 10 000 delegates.
Meanwhile, first-time property buyers continue to flock to Centurion because of its central locality, easy freeway access and proximity to business and retail nodes, and a plentiful supply of sectional title apartments and townhouses. And once established in the area, many of these buyers go on to own family homes in suburbs such as Doringkloof and Eldoraign.
More upmarket buyers, though, tend to head straight for the magnificent properties in Centurion’s many golf and lifestyle estates, including Irene Farm Villages and the high-profile Eco Park.
Other popular suburbs include Amberfield, Die Hoewes, Highveld, Lyttelton, Rooihuiskraal, Wierda Park and Zwartkop.
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