The mixed use of the property consists of freehold homes, sectional-title townhouse complexes, apartments, clusters and commercial property. Thus there is a broader base of interest in the suburb with the affordable townhouses and the more upmarket freehold homes for larger families.
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Demand for property in Erasmia was increased greatly by the development of lifestyle estates which have become fashionable in recent times. This has had the positive effect of setting new standards within the suburb’s newer homes where architecture is now influenced by the lifestyle estates. Thus the general aesthetics of the suburb has been lifted to that of a more upmarket suburb.
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There are various lifestyle estates which are a factor in driving the general property values which is a positive indication of the stability of the suburb as an investment prospect.
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The freehold homes are priced in line with market trends and prices are driven by demand. The architecture of the suburb is reminiscent of times when the suburb was established with some newer designed homes making up the suburb’s picture. The reasonably affordable homes are worth exploring with restoration and letting in mind as the returns on restored homes are rewarded with higher rental income and when restoration costs are played down against rental income the prospect seems more profitable.
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The architecture of the estates also drive the aesthetic appeal of the suburb with many of the older homes having been upgraded to mirror that of the estates further improving the marketability and appeal for homes in the suburb.
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Movement within the sectional-title market is higher than freehold homes which stems mostly from first time buyers upgrading to freehold family homes once the family starts to grow. Buy-to-let investments thus perform well in this market segment with stable returns and high demand.
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The Reeds in Centurion is a well-established and sought-after suburb in a prime location. The architecture is on the modern and conventional side of the spectrum with some newly constructed homes reflecting the latest design features.
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The property use includes sectional-title townhouse complexes, freehold homes, clusters and exclusive estates in and near to the suburb. The estates in the suburb means there is an increased demand for homes in the estates and the suburb itself.
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Cornwall Hill is an exclusive lifestyle estate located in the South -Eastern region of Pretoria. This exclusive estate offers all that property investors require in exclusivity, space, convenience, security and tranquility.
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Eldoraigne is a suburb of the greater Centurion which is situated in a prime location. The architecture and well groomed display gardens are features of this upmarket suburb which commands a high demand for residential property within the greater Centurion.
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