Fourways standing out in Gauteng property market
If a big move is on the cards and you have already listed your property for sale in Alberton, or want to find a place to invest, then Fourways could be the best starting point. The excellent location and work, live, play lifestyle makes it stand out from the crowd at present.
After listing your property for sale in Alberton to move closer to the northern suburbs, you might be unsure of where you should set down roots next.
If you are one of the many consumers that are chasing a work, live, play lifestyle, then Fourways may be the perfect space for you to move to. This rapidly expanding area is quickly becoming one of the main commercial and residential hubs in Gauteng, and for good reason.
It is also attracting younger buyers, with Lightstone data revealing that majority of the purchasing being done in recent months has been by people aged between 36 and 49.
One of the major drawcards for Fourways is the fact that developers have tapped into all aspects of lifestyle. Top retails centres, leisure opportunities and business facilities are found alongside beautiful complexes and spacious properties.
Detailing the state of Fourways right now, Sandra McKenzi, head of Adrienne Hersch Properties’ Olivedale Branch, said, “Fourways is quickly becoming an entertainment, retail, commercial and residential hub that rivals Johannesburg and Pretoria CBD precincts such as Sandton, Rosebank and Menlyn.”
It is also interesting to note that the area is still performing well, despite the ongoing development along with a tough economic climate that has had a harsh effect on other markets.
At present, property prices in the area are still fairly reasonable when considering what you will be getting. The starting point for a one bedroom apartment is around R700 000, while an entry level house is going to set you back around R1.6 million.
If you are looking for return on your investment while enjoying convenient placement and top amenities, then Fourways may be the right place for you.
