26
Jan
2009
BUYING PROPERTY IN MORELETA PARK

Union BuildingsMoreleta Park is one of the best known suburbs in the east of Pretoria. Moreleta Park is a mega suburb with multiple extensions and might be best known for hundreds of simplex complexes where thousands of young people start off from. MyRoof.co.za currently has just under a hundred properties listed in Moreleta Park. Click on the link to see properties for sale in Moreleta Park.

Moreleta Park's boundaries include the Wingate Park golf course, the Rietvlei nature reserve and boat club, a few green areas and the following suburbs:

The highest point in Pretoria is also situated on a koppie in the older parts of Moreleta Park where you get huge three and four story houses. The suburb has easy access to the R21 via Nelmapuis off ramp and the N1 via Rigel off ramp although traffic can be hectic during peak hours. Access to the suburb itself is via the Delmas road, Rubenstein drive and De Villebois Mareuil road. There are a number of big shopping centers located in the suburb including the very well known Woodlands shopping center as well as The Village Shopping Centre (home of Extravadance studios). There are also a large number of bigger estates with great security housing beautiful houses.

Because of Moreleta Park's popularity house prices as well as simplex prices are at the top end of the market with properties on the market for between R11 500.00 (MR05195) and R4 600.00 (MR41299) per square meter. The average asking price for simplexes listed on MyRoof.co.za in Moreleta Park is R680 954.00 with an average floor area of 90.63 square meters. (R7 924.79 per square meter). According to our records the average simplex is sold 165 days.

If you're looking to sell property and happen to have something in Moreleta Park, you're quite fortunate, if you're looking at getting into the housing market though, you have to be a decent earner to buy property in Moreleta Park.

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