Property investment opportunities galore in Fourways
While searching through property for sale in Kempton Park and other parts of South Africa, you may want to have a look at Fourways too if you are on the lookout for excellent investment opportunities. This area is undergoing massive development and could lead to major profits.
You may be looking at property for sale in Kempton Park as a possible investment, and this may yield some excellent opportunities, but you should also be aware of the intense development happening in Fourways.
Last year, Accelerate Property Fund revealed that there would be major development in the Fourways Precinct, which was expected to be ‘transformative’, and that many of the surrounding suburbs would benefit from the work done. The development in the works is set to turn the area into one of the shopping and business hubs in the province, while it will also go a long way in potentially turning Fourways into Johannesburg’s new financial hub.
There have been plenty of tips from experts to investors in regards to opportunities being presented in the area, and Ashe Thaver from Jawitz Properties was also excited by the potential,
“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, with one of these suburbs being the areas of Lonehill and Beverley,” said Thaver.
Lonehill will certainly benefit from the development of the new and innovative Steyn City, which has already attracted numerous business headquarters. This facility is just a mere 10 minutes away.
Beverly and Lonehill also remain popular destinations for business rentals, as the area has excellent security facilities and allows for easy movement between the likes of Fourways, Sandton and Steyn City.
Taking all of this into consideration, it would be a smart move for you to include some suburbs in Fourways into your current search for a decent investment opportunity.
