Duet
Duplex for sale - soft on the eye...
Double storey with 2 bedrooms, 1 bathroom, diningroom, lounge, kitchen and patio with braai. Single garage and 24hr security.
Background Information about Centurion :
Introduction :
The combination of a "country" atmosphere and excellent access to highways leading to Pretoria and Johannesburg continues to attract both homebuyers and property investors to Centurion, transforming it into one of the fastest growing areas in the country & including between 20 to 30 suburbs. Centurion’s boundaries are a bit unclear but loosely it extends from Midrand in the south to (and including) Valhalla in the north and extends from (and including) Hennopsrivier in the west to the R21 (and to the OR Tambo International Airport) in the east.
Property Market :
The Centurion property market offers a healthy mixture of different priced homes, ranging from basic, entry level units to luxury, top-end family homes.
Entry level townhouses are priced from R460 000 and entry level freestanding homes are priced at around R900 000. Mid-level townhouses are priced at around R680 000, while mid-level prices for freestanding homes range between R1m and R1,3m. Upper-level townhouses start at R1m and top-end freestanding homes sell for around R5m. The most exclusive homes are in Cornwall Hill where properties are a few hectares in size and start at about the R7-million mark.
Townhouses especially are in great demand among owner-buyers and investors alike, but supply is still limited and units that do come on to the market usually sell very fast. Duets also sell well at prices starting at R700 000 although lately there has been a measure of buyers' resistance to properties above the R1,5m mark.
Top properties in the area carry price tags of more than R5m. On the whole however the property market do represent good value.
Generally, vacant land in Centurion is scarce but there are a number of plots available for purchase on the south western boundary which are priced from R450 000.
There is still strong demand for residential property across the full spectrum, but especially in the price range between R500 000 and R1,5m. This is supporting prices despite large-scale development in the area in recent years and the recent market slow-down which is said to be discouraging buy-to-let owners.
The buyer profile in Centurion is not only made up of family-oriented purchasers. The number of local investors and speculators in the Centurion property market is only further evidence that there is confidence in the value of properties here.
Buyers are also attracted by the fact that Centurion offers different areas, each with distinct characteristics - and prices to match. The “town” is also self-contained. It has several private schools as well as good English and Afrikaans medium government schools.
Several large complexes, such as the Centurion Mall and the Mall at Reds, cater for shoppers while a large new complex near Irene will open soon. Residents also have access to the local Unitas Hospital.
Residential development in Centurion is characterised by low-rise sectional title units that contribute to a country feel, which is in particular demand among people working in stressful city environments.
What makes the Centurion property market so unique from other areas is the small town ambience that the area has, even though it still offers all of the urban amenities, attractions and central, halfway location to Pretoria and Johannesburg. Centurion is like a little bit of Platteland in an urban area – everyone knows each other and there is a family-oriented, friendly atmosphere.
The biggest challenge facing the area is traffic congestion. There is talk of tolling Ben Schoeman, as well as plans afoot to link a new highway to run west between Johannesburg and Pretoria. The Gautrain will also have a station in Centurion and it is hoped that this will help to alleviate traffic congestion in the area.