A PERFECT MIX OF TIMELESS AND TRENDY
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
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
– LYNDA DE WET, PROPERTY CONSULTANT, PROPERTY.COZA
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.