Extension 11 at a glance
Sales and rentals within the area are a rare find due to the high level of property ownership. People that reside in the area have more than 20 years owning the land and are not flippers. Some are retirees from high profile positions and consider the area one that is to sentimental and valuable to lose hence the rental trend of living ‘with your landlord’.
Hotspots:
· Houses located are constructed mainly towards executive and high class target market although the property area is made valuable due to the historical culture as well as it being close to the heart of the city. There are major structures that form an integral part of the city center:
o State House – His Excellency’s residence
o Members of Parliament accommodation
o Embassy site i.e. Russia, United States, China, Germany and Nigeria to name a few
o Roman Catholic church and school
o Attorneys * 2
o Private Medical clinics
o Private primary school
o 4 day care centers
· Target Market:
o High class young professionals
o Expatriates with diplomatic status
o Retirees
o Members of parliament and political affiliates
o SME’s older than 5 years with steady clientele to maintain property
o NGOs with long-term stakeholder relationships
· Price Selling:
o P5 million – P10 million
· Average rental:
o Bachelor pad/ one bedroomed cottage/ servants quarters = P2500.00 – P3500.00
o Two bedroomed flat = P6000.00 – P8000.00
o Family home = P15 000+
1 Residential Home For Sale in Extension 11
FROM P 2,600,000
P 2,600,000
4 Bedroom House For Sale in Extension 11
4 BEDROOMED HOUSE FOR SALE IN PARTIAL, GABORONE, BOTSWANA. It is truly a unique property centrally...
2 Residential Homes To Let in Extension 11
FROM P 12,000 to P 14,000
P 12,000 pm
1 Bedroom House To Let in Extension 11
Situated at a prestigious presidential street, Accommodation offers 2 bedroom each has an...
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