A tremendous amount of development is taking place in the areas surrounding Menlyn, inclusive of the Menlyn Main development which includes a casino. Two suburbs in Centurion offering value-for-money homes South Africa's apprenticeship problem Next article The best-performing CEOs in the world 2018 Previous article We follow the city and all its developments. “Melville is rebounding from the slow decline from its halcyon days of the late 80s and early-90s back into a new and different but undeniable resurgence. Menlyn Main is Africa’s first “green city” and this mega development includes commercial space, retail space, shopping space, a gym, residential apartments, a hotel, an entertainment complex and scenic parklands. Steve van Wyk, Seeff’s Managing Director in the area says a property of R1.1 million recently sold in the Eco Park estate only one day after listing. All suburbs in the proximity of Menlyn are in high demand as a result of the job opportunities created here, and include Garsfontein, Menlo Park, Alphen Park, Newlands, Constantia Park and Ashlea Gardens, says Gerhard van der Linde, Seeff’s MD in Pretoria East. Read: No need to panic over land expropriation without compensation: Seeff. +27 (0)861 111 724. Stick around for all Suburbs in Pretoria, Pretoria East, West, North, Central and Centurion. Besides the fact that freestanding property carrying this price tag is quite scarce in Sandton, Paulshof is conveniently located between Sandon, Fourways and Midrand, the group said. Are you saving money for Black Friday deals. Home buyers from all walks of life are drawn to Centurion’s newest and established suburbs of Amberfield and Raslouw respectively because of their accessible property prices and value-for-money homes. Most property specialists are optimistic that property prices and sales in South Africa will recover after the general elections in May this year. Not only is this bohemian artist's enclave a testament to urban regeneration and particularly popular with professionals who appreciate the patina of wooden floors and pressed ceilings, but it is also close to the Joburg CBD, University of Johannesburg, Wits, many shopping centres and hospitals, to name a few. Amberfield has seen a number of new sectional title developments in the last few years including those located right across from the Mall @ Reds. According to the group, the things that make these areas stand out include more abstract factors like “the vibe” and “ambience” of the region – but also more practical elements, such as their proximity to important amenities and activities; general affordability; and important developments or developmental opportunities in the area. From Protea Glen in Soweto to Sunnyside in Pretoria East, young buyers under 35-years are being drawn to these areas as they take a step onto the property ladder. He says above average rentals are being achieved in Bedfordview in relation to the surrounding areas, and there is a perception that Bedfordview is the place to live in the East Rand. This five bedroom, six bathroom home in Raslouw, Centurion, offers a lovely garden, pool and patio. “Homeowners in these areas are asking more for their properties than what they are worth, but are getting away with it because it seems potential buyers have jumped on the same train and are realising the value of investing in these areas,” says Van der Linde. Apartment / Flat for sale in Audas Estate, Apartment / Flat for sale in Parklands East. What does one get for R1.9 million and R3.4 million? Like all areas in the early throes of revival, it is enjoying a disproportionately high rate of appreciation in property values and offers many renovation opportunities. Steve van Wyk, Seeff’s Managing Director in the area, says a property of R1.1 million recently sold in the Eco Park estate only one day after listing. Sought-after estates include Amberfield Crest Estate, Amberfield Glen Estate, Amberfield Heights Estate, Amberfield Manor Estate, Amberfield Ridge Estate and Amberfield Valley Estate. Comments section policy: Any attacks on BusinessTech, its journalists, or other readers will result in a ban. Gauteng’s 13 best-selling suburbs and what you’ll pay; Gauteng’s 13 best-selling suburbs and what you’ll pay. Save on your car insurance today – Or get R500 cash, Government wants more ‘lockdown powers’ for the health department, Telkom reports Vodacom over deal with Rain, You will be fined for not paying e-tolls under South Africa’s new driving laws: DA, Here are the changes planned for South Africa’s post offices, The best-performing CEOs in the world 2018. Share This! “Melville is rebounding from its slow decline from its halcyon days of the late eighties and early nineties back into a new and different but undeniable resurgence. Clusters and houses in Paulshof usually sell at prices between R1.8 million and R2.6 million,” Vining said. “Whether you are looking to buy a home before the end of this year or whether property hunting is on your ‘to do list’ for the New Year, there are some significant areas in Gauteng that you should consider before deciding in which area to invest,” Seeff said. “The suburb holds a sentimental pull for many of its inhabitants, and is characterised by people who could afford to live in more expensive communities, but choose to live in Melville.
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