Kraaifontein at a glance
Kraaifontein has been experiencing a complete makeover in recent years and is the preferred choice for buyers looking for renovation projects to either generate profit from flipping properties or adding them to their rental income portfolios. Another reason why this area's perception has recently been changing dramatically, is thanks to the expansive development and rejuvenation initiatives in parts of Kraaifontein.
It is in this area that buyers still manage to find excellent value for money. Everyone loves a bargain and lucky, informed buyers are often able to find an older, previously loved home at a good price. These properties are easily modernized and updated and it is not uncommon to see minor renovations to these properties adding significant value to overall property price, ensuring increased profit margins. What makes this area so attractive to live in for buyers and tenants, is easy access to the N1 highway and a wide selection of shopping malls, including CapeGate Shopping Centre which are conveniently located in Kraaifontein. Residents with school-going children are also drawn here for the schools located in Kraaifontein with an abundance of extra-mural activities on offer and good student-teacher ratios and governance. The fact that the rapid expansion of Durbanville has seen it merging organically with Kraaifontein through the development of various new property estates, has also contributed to Kraaifontein becoming a very popular choice among first-time homeowners and young families.
Buh-Rein Estate, one of the newer developments in the area, boasts with a wide range of townhouses and apartments in an exceptional location. This development is ideally positioned also for student accommodation with regard to the planned Curro University / Stadio Multiversity and it is also a quick 16 km drive to Stellenbosch University via the N1. Okavango Drive that leads to the N1 highway is easily accessible from the estate.
Kraaifontein is also reasonably close to Boland towns of Paarl, Wellington and Stellenbosch, which also makes it an ideal suburb for those needing to commute to these places for work and is hassle free.