Aug
2020
Roodepoort and its suburbs all have their unique place in the property market like for instance status, location and property usage.
Allen’s Nek is a suburb which could be defined as a middle-class to exclusive suburb with a number adding to the varied pricing structure.
The suburb is appealing and tree lined streets, neat pavements and the general condition of roads speak of community and a well-managed suburb with dependable service delivery.
At first glance it is obvious that the suburb carries the status ascribed to it by the contemporary architecture and an undertone of functionality to the homes offering spacious living.
The aesthetic appeal of Allen’s Nek is further evident from the landscaped manicured gardens which reflect pride and a sense of value.
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.
The sectional title market is by today’s financial standards the prime investment property market for their reasonable affordability and a high degree of demand which ensures a reasonable sales timeframe. The rental market is thus also the ideal investment market as the same high degree of demand is true for the suburb.
The suburb is in an obviously prime location with a number of major roads surrounding the suburb such as Hendrik Potgieter Road, Christiaan de Wet Road and easy access to the N1 Western Bypass. These roads connect to commercial and industrial hubs. Commercial hubs are Randburg, Bryanston, Sandton and Rivonia. The industrial hubs close to Allen’s Nek are Kya Sands, Chamdor and Factoria which are located in Krugersdorp, further evidence to the suburbs prime location.
Allen’s Nek has access to some reputable schools such as Allen Glen High School, Constantia Kloof Primary School and Panorama Primary School.
Take a tour of the homes in Allen’s Nek via the Myroof web-site.
