JHB’s hottest investment opportunity

If you have bought property for sale in Parys as your primary home and are looking for a hot investment opportunity in Johannesburg, then Fourways may be the area that you should focus on.

Last year, the Accelerate Property Fund unveiled some impressive plans for the area as they are looking to transform it into one of Gauteng’s main business hubs as well as a world-class shopping destination. As part of these plans, the area is also being prepared to compete for the position of being the new financial hub in Johannesburg.

With all of the development being done, a number of the surrounding suburbs will also benefit from all the development. And this is where investors could snag themselves a bargain, with property price growth expected to boom over the coming years.

Discussing the various developments and what it could mean for the suburbs, Ashe Thaver from Jawitz Properties 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, with one of these suburbs being the areas of Lonehill and Beverley.”

The two suburbs mentioned offer some excellent facilities and will no doubt offer investors the opportunity to recoup a decent return. Lonehill, for example, is just a short distance away from the impressive Steyn City, which is already attracting interest from a number of big businesses.

These areas also boast some impressive security features and are conveniently situated within close proximity to a number of other major business hubs around the province.