The proximity to Sandton with its ever expanding commercial hub has further entrenched the high degree of demand for property in Dunkeld. And further access to suburbs north east and north west with their large commercial hubs are within easy access on major roads such as Jan Smuts Avenue, Bompas Road to Park Town and Westcliff, Hyde Park and Sandton, Rosebank and further afield to suburbs such as Bryanston, Randburg and Fourways on William Nicol Drive.
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Even though properties are within the exclusive category of the income spectrum apartments offer a dual usage, firstly as a good entry point into estates and secondly as a long term investment prospect within the rental market. Apartments are well priced and are more or less competitive to apartment values of properties outside estates which further improve the rental investment prospect. They also offer an alternative to first home buyers to enter a market with almost unrivaled growth and stability with the benefit of double security synonymous with townhouses and apartments.
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The mixed property usage of the suburb will attract a large market consisting of the younger generation entering the market where townhouses and apartments will be ideally suited, clusters homes for the young growing families and freehold homes for the middle-class and established families.
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Property usage in Allen’s Nek consists of freehold homes, apartments, townhouses and cluster homes with a varying pricing structure thus inviting a large market to invest in the suburb. Many of the townhouse complexes have a more modern contemporary architecture which will appeal to young executive families preferring the privacy and security from living in a townhouse complex with the benefit of a lock-up and go lifestyle.
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Apartments come in a large variety of sizes from bachelor pads to 4 bedroom units and most offer stunning views of the blue Atlantic Ocean and the boardwalk from Mouille Point all the way to Greenpoint.
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This is made possible by the number of apartments and townhouses available in Marina da Gama which is in high demand due to the stable growth in property values the suburb offers and the degree of status that comes from residing in the suburb.
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From the outset the suburb attained a highly prestigious status and this is due to the ultramodern generously sized homes and in part due to the views of the Atlantic Ocean on offer. Property values are way above the R10 mil mark and vacant land will fetch in the region of R5 mil depending on placement within the suburb.
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The general architecture in Cinderella is perfectly mixed which means a broad spectrum of buyers will find a home to cater for their taste and this would naturally also be a determinative factor in capital layout or purchase value. The diverse property usage in Cinderella consists of freestanding homes, townhouses and apartments which caters for a broad income spectrum. So, first-time buyers, start-up families and established families make up the demographic of the suburb.
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The diverse property usage in Dawn Park caters for a broad income spectrum from first-time buyers to established families and the new sectional title townhouse and apartment developments are the largest or possibly the most competitive market currently due to the income spectrum they cater for and their reasonable affordability and quick resale and growth in value.
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The mixed property usage in Parkdene is well-balanced and with the number of newer security estates and some lifestyle estates indicates that demand for homes in the suburb are high. The mixed property usage consists of freestanding homes, apartments, townhouses and then the homes in estates which all make up a strong average median property graph which shows a steady growth. The pricing structure of property in Parkdene puts it in the middle to middle upper-class segment giving the suburb a broad demographic from first-time buyers, single persons, medium and established sized families.
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