The perfect place to keep an eye on in JHB

Once you’ve found the perfect property in Berea and settled into the ideal coastal lifestyle, you may be looking for investment opportunities that will contribute to a decent retirement. Of course, visiting the Private Property website on a regular basis will give you insight into which areas offer excellent potential, and a recent article on Dainfern may interest you.

Gauteng property is always in demand as people look to cash in during their stay in the City of Gold. However, if you don’t know the province well, it might be difficult to find out which areas offer the opportunity for maximum returns. Dainfern is a relatively new area, considering that it was only established 25 years ago, but it forms a part of greater Fourways, which is challenging the likes of Sandton to become the main business hub of the province.

Interesting, Dainfern is one of the fast growing areas in Gauteng at present, and is within close proximity to a number of commercial nodes, entertainment venues, schooling facilities and other amenities. This means that it offers the work, live, play lifestyle that many people are looking to find.

“Dainfern property is back in demand, especially with the R2.4 billion expansion of Fourways Mall and significantly, within the next 10 years, the next two stages of the Gautrain development,” said Craig Hutchison, who is the CEO of Engel & Völkers Southern Africa.

Placement is also a plus for Dainfern, with it offering easy access to Pretoria and Johannesburg, but carving out your spot will come at a cost. Studio apartments will start at around R600 000, while if you want to acquire a high-end freestanding home, it could cost up to R5 million. But with a boom predicted for this market, whatever you spend is likely to be well worthwhile in years to come.