Dec
2021
Urbanization is being approached differently compared with the past. The new trend is centred around the development of prestigious lifestyle and security estates, and the reason for this is simply due to the lack of available residential property in established suburbs.
In the not too distant past, this would have seemed like financial suicide considering the development of what was deemed rural land. With today’s lifestyle needs and changes, the definition “rural” is relative.
This is where “rural” suburbs like Kameeldrift East, just North of Pretoria is a developing gem in terms of a potentially lucrative property market. One only needs to survey existing estates nearby to gauge the prospects in store for Kameeldrift East.
The existing estates in the suburb are also an indication of progress that will lead to freehold homes, schools and malls being built to support residents.
Eco Estates will ensure that the region maintains some semblance of the bushveld and wild animals that roam the region.
This is an opportunity for investor developers to buy large tracts of land or farms and go through the process of having the land rezoned and watch the money roll in. The only bold move would be the limit of developers imagination. Existing estates have different approaches like having a mixed-use consisting of townhouse complexes, apartment complexes mixed with freehold homes that cater to the well-heeled.
Currently, residents in the region make use of suburbs like Montana and Montana Park for children’s educational needs. Access to these suburbs are reasonably easy and not too way out. The same can be said for retail needs and commercial entertainment. The Kolonnade Shopping Mall is one of the larger malls in the region.
Many or most of the residents work in the industrial and commercial sector and access to these nodes are also conveniently accessible.
