Oranjezicht is a suburb of the Western Cape that was established on a farm which was named Oranjezicht. The name was given to the farm because of the view, translation of “zicht” and because the Bastion of the Castle “Oranje” was visible from the slopes of Table Mountain.
Oranjezicht forms part of the colorful cultural and developmental history of Cape Town as a city which is now a well established suburb of the greater Cape Town Metropolitan.
Being such an old suburb the property values have a steady history due to demand, location and the mixture of property which is freehold homes, apartment buildings and sectional title homes.
The architecture is mixed, from Victorian, Colonial modern to conventional, with homes dating back many decades.
Investors that seek out homes here mostly with restoration in mind which offers good returns with loving care. The older homes have pressed ceiling and most have wooden floors of yellow wood or other sought after woods. Property values range from the mid R 700,000 an up depending on the size, architecture and age.
The suburb has all the important amenities in place.
Residents have many schoold to choose from in and around Oranjezicht, including St Cyprian’s School, College of Cape Town, Cape Town High School and French High School.
The benefit of living in Oranjezicht is multiple as the commercial hubs of the city bowl are almost walking distance along with retail hubs in the city bowl.
The major attraction has to be the view from the right homes over the V&A Waterfront which is spectacular and the backdrop of Table Mountain while lit up at night is a sight to behold.
Investing in either buy-to-own or buy-to let property in Oranjezicht will be rewarding.
Take a tour of the properties in Oranjezicht and surrounding Western Cape suburbs via the MyRoof website.