Potential for property growth spotted in Midrand
Midrand is already on its way to becoming one of Gauteng’s most profitable residential and commercial hubs.
Midrand has been highlighted as a key area in which Gauteng can accelerate its residential and commercial growth. The area has steadily grown into a popular hub for consumers, business owners and property investors, thanks to its abundance of commercial centres, office parks, public amenities and residential offerings.
It’s this last feature that has made real estate in Midrand particularly sought after in the eyes of buyers and investors, especially those who are new to the property market. Midrand actually boasts a range of property prices, which will attract numerous buyers, while the area is extremely well-positioned, being close to O.R. Tambo International Airport, as well as both Johannesburg and Pretoria. This bodes well for property investors, travellers from overseas, and residents of Midrand who work in either of the two cities.
One section of Midrand that is booming, thanks to developments both existing and in the pipeline, is the suburb of Clayville. An example of up-and-coming developments is the Clayville-Tembisa Mega Housing Project, which is sure to have a bevy of positive outcomes that range from urban renewal and the improvement of the surrounding infrastructure, to the creation of jobs for the area’s residents.
Clayville is in close proximity to numerous commercial hubs, including Mall of Africa, Carlswald Lifestyle Centre and the Blue Hill and Boulders shopping centres. One of its most impressive residential features is Midrand Village, a secure private estate that boats 335 free-standing units.
With such a bevy of assets, and a perfect location, Midrand is close to being one of Gauteng’s most popular and profitable areas. If it looks like a good fit for you and your family, then find out more about its various residential opportunities here.
