The benefit of homes in the suburb is that there are opportunities for commercial use in the form of guest houses as the secondary use of coastal towns is holiday destinations.
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The mixed property use of the suburb which comprises apartments, sectional-title townhouse complexes and freehold homes means the market is spoilt for choice and investment prospects. Apartments are always an inexpensive foot into the market with young first time home buyers and it also serves well as buy-to-let investment for its affordability and high demand.
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Broadacres was well-planned with properties catering for commercial, retail and residential use with the latter comprising a mixture of exclusive lifestyle estates, sectional-title townhouse complexes and freehold homes.
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Property use consists of freehold homes which has a broad architectural spectrum from the conventional to the modern architecture. Space is the operative word for homes in the suburb which has large grounds and groomed display gardens that add to the idea of affluence.
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The surrounding exclusive suburbs of Morningside, Wendywood, Gallo Manor and Strathavon for highlight the suburb as an ideal property investment prospect and residential address. Perspective buyers and investors that do not find what they want in the surrounding suburbs will entertain Morningside Manor as an option if the property values fall within the budget.
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The mixed property use of the suburb is one of its major attraction features. The mixed use comprises apartments, sectional-title townhouse complexes and freehold homes thus the investors market caters for a large income group which falls within the middle to high income groups. Townhouses and apartments will suite young executives that prefer suburbs as opposed to something like Rosebank where apartments cater for high income groups.
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The suburb caters for a larger income group from mid low to middle income groups. The suburb is ideal for first time home buyers and buy-to-let investors due to the reasonably affordable property values and what the individual properties offer in terms of size. The tranquility of the suburb will please most families concerned with noise pollution.
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The mixed property use today is the other factor which sets the suburb apart from many other similar looking suburbs. The usage is made up of exclusive apartments, townhouse complexes, freehold homes and commercial property in the form of upmarket guest houses.
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The suburb is ideal for executives that work in the city and have family property in other suburbs or towns. It is the convenience of lock-up and-go lifestyle with exclusivity.
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The mixed property use of the suburb consists of apartments, townhouse complexes, freehold homes which are a further benefit as the sectional title townhouses and apartments are ideal for first time home buyers as the returns are stable and the high demand for apartments is a revolving door.
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