One of Joburg’s most pop­u­lar res­i­den­tial sub­urbs is also a draw­card for city slick­ers head­ing to a street filled with top restau­rants, pop­u­lar pubs and quirky shop­ping choices

Saturday Star - - HOME - By John Makoni

TRENDY PARKHURST of­fers a rare amal­gam: a re­laxed life­style in a neigh­bour­hood that throbs to a vi­brant cafe cul­ture.

When you add pro­jec­tions that en­vis­age prop­erty val­ues to hold steady for the fore­see­able fu­ture, it be­comes clear why Parkhurst’s pop­u­lar­ity is en­dur­ing, and why you can­not go wrong by in­vest­ing here.

“With its pop­u­lar 4th Av­enue café cul­ture, en­ergy and vibe, Parkhurst will al­ways be a sub­urb that will draw peo­ple to its life­style. It is known as one of Joburg’s most pop­u­lar res­i­den­tial sub­urbs,” says Lynda de Wet of prop­erty com­pany Prop­erty.coza.

She says res­i­dents stroll freely through the area in the evenings.

“Apart from street-side cafe din­ing, Parkhurst of­fers a life­style where fam­i­lies walk their dogs, com­mu­nity events take place in the lively 4th Av­enue and there’s a glam­orous mix of cou­ture, in­te­rior de­sign, din­ing and en­ter­tain­ment on your doorstep,” says De Wet.

She says es­tab­lish­ments such as The Wolf­pack and up­mar­ket trat­to­ria Cafe Del Sol TRE as ex­cep­tion­ally pop­u­lar.

Parkhurst has a dy­namic not eas­ily matched in Joburg, and that’s re­fresh­ing from an in­vest­ment point of view as it of­fers buy­ers the al­ter­na­tive to be­ing locked be­hind high walls, says De Wet.

“Due to the con­sis­tent de­mand for the buzz of Parkhurst from young and old, val­ues will re­main steady in the near fu­ture.”

A to­tal of 140 sales have been recorded in Parkhurst over the past year. The ma­jor­ity (66) were homes marked north of R3 mil­lion. A sin­gle sec­tional ti­tle sold for R2.05m and an es­tate free­hold home that went for R2m were the only ex­cep­tions in an oth­er­wise all full ti­tle prop­erty sales list that in­cluded 15 land sales rang­ing in price from R800 000 to R3m, says De Wet. She says a


Es­tab­lished in 1904, Parkhurst’s streets are lined with ma­ture trees and homes cur­rently on sale from R2.1m to R6.8m.PIC­TURES: KAREN SANDISON/AFRICAN NEWS AGENCY (ANA)

4th Av­enue is also home to many decor and cloth­ing shops.

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