The ideal location of the suburb is highlighted by the development of new sectional-title townhouse complexes being currently constructed which will also have the effect of a slight increase in the general property values. The other highlight of the town’s location is the proximity to a vast number of tourist attractions and guest houses in its suburbs which indicate the level of the demand for property within the suburbs commands.
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Commercial use of some properties on main roads cater for the tourist industry in the form of guest houses and the suburb is in an ideal location to explore the Western Cape wine routes and other tourist attractions and destinations on offer.
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The mixed property use of the suburb consists of sectional-title townhouse complexes, clusters apartments and freehold homes which are more for the middle class income groups. The location will also suit young executives working in commercial hubs like Bryanston, Sandton, Randburg or Rosebank as the access roads are convenient.
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Townhouses and apartments offer stable income and growth prospects for buy-to-let investors with a sizeable rental market in the suburb and are just as popular with first time home buyers due to the reputation of the suburb and the prime location.
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The property use is made up of freehold homes, clusters, duets and sectional-title townhouse complexes aimed at the middle-class. Due to the more affordability of property in the suburb the demand is high.
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The advantage of a lock-up and go life style will suite executives working in the various commercial hubs close to De Waterkant along with the security the apartment buildings offer.
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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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