Dec
2019
Paradise Valley is one of Pinetown, KZN’s main suburbs. Thus it enjoys a high degree of demand within the property market.
Coupled to that, factors like its mixed property use which comprises apartments, freehold homes and clusters, means it is a market which yields stable growth.
The architecture in the suburb is varied and this is evident in many of the historic buildings and then mixed with newer architecture in keeping with market trends which means all tastes are catered for.
The prime location is not limited to Pinetown but travel to Durban and its CBD means travel time is greatly reduced with a travel time of only 15 minutes on major roads such as the N3 south and north and King Cetshwayo Highway.
This means people employed in Durban are not inconvenienced by the distance and residents may prefer the less humid weather and the more laid back lifestyle of Paradise Valley.
Apartments have a strong foothold in the market in the buyers and the rental market alike. This is mainly due to the proximity to pre-schools, schools and malls, commercial and industrial hubs and of course the security that comes with living in remote access control. Apartments are well priced depending on the number of rooms and living areas.
The other factor to consider within the apartment market is the fact that there is a campus of The University of KwaZulu Natal offering education in the teaching profession in Pinetown which makes for a steady rental income.
The proximity to industrial hubs such as Umhlatunza Valley, Falcon Industrial Park, Mariann Industrial Park, Hagart Road Industrial and North Ridge is an added benefit to the suburb in that all the important amenities are within convenient reach.
There are more than enough popular and reputable schools servicing the suburb such as Pinetown Boys High School, Westville Girls High School, Pinetown Primary School and Westville Senior Primary School.
Malls which cater for retail needs are Westville Mall, The Pavilion Centre and Village Market.
Take a tour of the homes in Paradise Valley via the Myroof web-site.
