Expected boom for Lonehill property
When it comes to hot property investment opportunities, property for sale in Fourways is certainly near the top of the list at present. In this article, we look at why suburbs such as Lonehill should be grabbing your attention right now.
If you are looking for a solid investment opportunity right now, then property for sale in Fourways should definitely feature in your search.
The major developments in the area are set to provide a massive boost to property values, especially in surrounding areas such as Lonehill.
There was a major reveal by Accelerate Property Fund last year in regards to the transformative development that would be taking place in Fourways, and indicated that surrounding suburbs would certainly benefit.
The idea behind this was to turn Fourways into a world-class shopping and business hub, and potentially even go on to become the new financial hub in Johannesburg.
Discussing the project, Ashe Thaver from Jawitz Properties in Sandton said, “We are extremely excited about this development and improvement project, which will attract business people from across the continent and internationally. With Sandton and its surrounds being saturated and traffic a nightmare, the Fourways Precinct is well overdue and will benefit the value of property sales and rentals in the surrounding areas.”
Why Lonehill is earmarked as a suburb that will benefit highly, is due to the fact that it is just minutes away from Steyn City, which is one of the latest major residential and commercial developments which has attracted a number of business headquarters.
The area also offers excellent security, a community feel and is also very popular for business rentals due to the Uber-ability between Fourways, Sandton and Steyn City.
There has been a consistent annual rise in property prices in the area for the last decade, and experts say that this is a trend that is likely to continue in the future due to the ongoing improvements and increasing demand.
