The suburb of Kwaggasrand is part of the Pretoria West municipality. This old suburb is well-placed and sought after for various reasons like the mixed property use and the proximity of the suburb to industrial and retail hubs.
The establishment of the suburb was centered around the expanding industrial hubs in Predustria, Industrial Park and Pretoria Industrial.
The mixed property use in the suburb comprises apartments, townhouse complexes and freehold homes which is a broad investor’s platform in the owners and rental market with stable growth.
Buy-to-let investors will find a reasonably affordable restorers market. The other option for property in the suburb is student accommodation as T.U.T has a campus nearby and access to UNISA is convenient on the major roads out of the suburb.
Well established schools like Laerskool Wespark, Laerskool Kwaggasrand, Hoerskool Elandspoort and Laerskool Generaal Beyers are within convenient access from the suburb.
The major roads like WF Nkomo Street, Quagga Road, Transoranje Road and Rod Street highlight the ideal location of the suburb.
For retail needs residents are taken care of mostly by retail hubs in the Pretoria CBD and alternatively there are malls like Spar West Park, Kit Kat Cash and Carry Pretoria West and Sunnyside.
Property values are typically between the R900 thousand mark, and slightly above the R1.4 mil mark which means property is affordable when considering what you get in Rands per m2. The lower values should not be viewed as an unstable market but it is more a situation of less movement within the suburb with many retired people still residing in the suburb.
Myroof has a web page brimming with properties. Take a tour of the properties in Kwaggasrand via the Myroof website for your new home.