Young professional living within reach

2015-06-10 06:00
THE Elbert Height complex. 

Photo: 
Supplied

THE Elbert Height complex. Photo: Supplied

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THE rise of educated young professional people has a major effect on real estate living in South Africa. More and more young professional people start their careers younger and younger earning more money than their peers of 20 years ago.

With this positive news more young first-time buyers are entering the property market. The question is, however, what type of property are they looking at?

Some young professionals that have been renting property for the last few years are now eyeing to buy and the common consensus seems to be that they want to buy a lock-up-and-go type of small house, townhouse or sectional title unit.

A study done by FNB showed that in 2012 the younger age group buyer increased from 15% to 23% since 2008.

If you are looking for a home with less maintenance, then buying a unit in a security complex like Elbert Height may be just the answer you were looking for. There are pros and cons when you consider buying.

Choosing a townhouse will give you the opportunity to live in a more high-class area than you could afford if you were to buy an ordinary house.

Another positive aspect is the fact that the levy payable in a sectional title complex covers the upkeep of communal amenities such as the swimming-pool and communal braai area. At Elbert Height it also contributes towards the safety provisions, so you can make use of the facilities without worrying about the maintenance and repair thereof.

The townhouses’ starting price is R960 000 and have two bedrooms and two bathrooms with double carports or you have the choice to convert them into garages at an additional cost.

The bigger free-standing houses consist of three bedrooms with two bathrooms with the same option regarding the double carport.

The C unit comes with a double garage with wooden, remote-controlled doors.

The interior is designed according to the latest trends, with granite tops and spacious cupboards in all the bedrooms, bathrooms and kitchen. It has prepaid water and electrical meters and a heat pump geyser system.

The young professional usually has security, good resale value and street appeal, close proximity to work and other amenities and low maintenance in mind. At Elbert Height they ensure you of all the above.

The younger generations are also more educated on future occurrences than their peers of 20 years ago.

They keep in mind things like Eskom’s rise in supply; therefore the prepaid meter system is such a great asset, so you can control your electricity usage.

Young professional people are also fully aware of the jump in municipal values affecting rates and taxes.

The units that have already been sold were bought by medical doctors, attorneys and accountants.

Extensive research and surveys have been done amongst young professionals to help to get a better understanding of the requirements a young professional is looking for when considering buying a house.

Location was at the top of the list and Elbert Height is situated in a prime location opposite the Northridge Mall which contains major restaurants and take-aways like Wimpy, retail stores like Ackermans, Pep, Pick and Pay and Truworths, as well as a Virgin Active Gym for the fitness fanatic.

The other big factor is security and at Elbert Height only the best security systems have been installed, consisting of CCTV cameras, cell to gate control, access control and 24 hour physical security on-guard patrol, a high boundary wall with electrical fencing and an armed reaction service.

This was a major factor for especially young doctors who work abnormal hours; they were concerned about their wife and children’s safety when they were not at home.

It has also been noted that obviously a young professional wants to live in an upmarket prime area and live a life of high quality.

At Elbert Height you are not only provided with a first-rate home, but you are even given an option to choose from, so if you want to start small and decide to go bigger it will be a pleasure to accompany you.

It is also realised that young professional buyers are educated in economics and investment.

Yet another reason to buy at Elbert Height, you can rest assured that not only will your property grow in value, but you also have the choice to resell and buy a bigger unit as and when your family grows.

Although it is true that younger people have limited finances, they also want fulfilment of the best lifestyle they can afford and at Elbert Height your needs can be fulfilled.

If the lock-up-and-go lifestyle is for you and if you enjoy leisure time you will be ecstatic about the extra features like a swimming-pool, communal play area for the children and braai area. For further information please do not hesitate to contact our offices.

) Contact Alice on 076-391-4068, send email to alicez@lenovaconstruction.co.za, like us on Facebook and check out our videos on our YouTube channel called LenovaConstruct

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