The suburb is in a prime location with tree-lined streets creating the idyllic setting to raise a family or starting one. This would then mean that the whole market is catered for from singles to young married couples and retired persons.
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Andeon is a suburb north-west of Pretoria within the Pretoria North municipality. The suburb is filled with a mix of freehold homes and townhouses. These are newer in design and this factor caters for a broader income market. It is thus a suburb which commands stable growth in property value, which also has a strong letting and investors market.
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This mixed property use is still under development with loads of vacant land up for grabs at reasonable prices. The demand for property in the suburb stems mainly from its location in relation to suburbs like Midrand which is a major industrial and commercial hub and also the proximity of the suburbs to freeways like the N3 Highway, Old Pretoria Main Road and the Bucchleuch interchange which leads east west south and north.
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Tourists and residents alike are spoilt when it comes to the various activities on offer for outdoor enthusiasts like bungee jumping, visiting one of the many nature reserves in the region or hiking and cycling on the many routes available.
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The suburb commands a high demand which stems from a stable market related growth rate in property values and the relative safety of the suburb of which some parts are within a boomed security area. This factor further adds to the value of the properties. Most of the homes are spacious and architecture leans more towards the modern end of the spectrum which will please a larger market.
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Floracliffe very much performs on its own merits in terms of property value and attraction which are a stable growth, a high demand and an architecture which suits a larger market. Property use comprises freehold homes, cluster homes and sectional title town houses. This means a very large market will be satisfied.
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Being geared more towards the industrial manufacturing sector, most of the suburbs are sustained by companies manufacturing stainless steel products and mining support industries and the mining of coal which is the primary source of income for the larger sector.
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The mixed use of property caters for a large income group and there are also a number of new sectional-title town houses available as investment, rental and starter homes. The architecture of the newer homes are in keeping with current building trends which adds to the overall value of the suburb.
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Being a residential suburb first and foremost it also serves as a holiday destination for the well-heeled investors seeking the opulence the homes in the suburb offers. Naturally the property values and growth are comparable to similar suburbs across South Africa.
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The property market and values are driven by demand which stems from size and property use made up of small holdings, farms and freehold homes. One feature of property in the town is the architecture which is a mixture of old world farm style charm with thatch roofs to modern designer homes more in keeping with modern trends.
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