Townhouse living has grown in popularity as scaled down property sizes have become the norm. if you’re interested in investing in a townhouse anytime soon our three-part guide on 17 things to lookout for when buying a townhouse will make sure your investment stands the test of time.
You should aim to purchase your new townhouse within 5-20kms of the nearest Central Business District (CBD). This will help cut down on excessive travel to and from work as most people have jobs within CBDS’s
If you don’t have your own car, you want to make sure that your new home is situated along or within walking distance of major public transport routes. This is beneficial even if you do have your own vehicle because should something happen to your car you can still get around.
If you’re looking for a new townhouse as a potential source of income it helps to know that three bedroom townhouses rent quicker than two bedroom ones. However, if you’re looking for a townhouse for your own use, then you have more room to be flexible with your floor plan however try to stick with units that have a practical layout.
It’s important to invest in a complex that is easily accessible with good roads and driveways in the complex. Navigating your new complex shouldn’t have to be a nightmare so steer clear of narrow roads and driveways that leave you with little or no room for error.
Townhouses by their very nature lack some of the space and facilities a house provides so if you’re looking to invest you may want to look into townhouse complexes and estates that have good-shared facilities like a swimming pool, outdoor BBQ area, clubhouse, large grassy area etc like the properties at River Park Housing Estate.
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If you’re ready to purchase River Park Housing Estate has got you covered with a variety of house types at affordable prices. Contact Mobus for more information on these and other properties.
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