select
|

Fourways is fabulous for families

Say ‘Fourways’ these days and the chances are most people will make the connection with Montecasino and / or the Fourways Mall, which are the major landmarks in this bustling area to the north of Sandton.


This magnificent three-bedroom luxury home in a secure street in Douglasdale is for sale through Sotheby’s International Realty for R3,799,000.
 
“But actually,” says James Christelis, area specialist for Sotheby’s International Realty, “greater Fourways, which also includes Douglasdale and Norscot, is also one of the city’s very best residential nodes for families.
 
“It has a great choice of properties to suit a range of buyers, including sectional title townhouses for younger people, freehold cluster homes and large freestanding homes on stands of around 1500sqm. And prices vary accordingly, from around R700 000 for the sectional title units all the way up to around R4m.”
 
Indeed, James and his fellow-agent Ryan Rodda recently sold a home in the area for R4m, which is the highest price achieved here to date.
 
“However, the fact that Fourways is still much more affordable, especially at the upper end of the market, than suburbs like Bryanston, for example, is not the only reason it is increasingly popular among family buyers,” he says. “The area has excellent schools and many smaller shopping centres with good restaurants in addition to Fourways Mall and Montecasino.
 
“It also has the Norscot Manor Recreation Centre which offers karate, dance and all sorts of other classes, and a large, well-kept park – which we sponsor – that is very popular with residents. And of course it offers quick and easy access to Sandton and other northern office nodes.”
 
It is not really surprising then, that there is a shortage of properties for sale right across the board in Fourways, and that any new developments that are brought to market are quickly sold out. “We have ourselves just sold out a very upmarket new project in Douglasdale, where one of the largest building packages (stand and newly-built home) was valued at  more than R5m,“ James says.
 
Meanwhile, the convenience and liveability of the area are also making it increasingly popular among tenants, and the demand for rental property here is very strong, especially in the sectional title sector. This makes it a promising area for buy-to-let investors, he says.

Find more properties in Fourways, Sandton


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 19 Jan 2018
      Extending from Randfontein in the west to Roodepoort in the east and including the towns of Krugersdorp and Magaliesburg, the West Rand has a plethora of property available to residents who choose to make this unique area their home.
    • 19 Jan 2018
      When it comes to financial planning, doing the work to ensure you’re prepared for unexpected emergencies is just as important as ticking off your other goals and New Year’s resolutions. The beginning of the year is also the perfect time to review your various insurance policies.
    • 19 Jan 2018
      No surprises at the first Monetary Policy Committee of 2018, as Reserve Bank Governor, Lesetja Kganyago, announced that the interest rates would stay at their current levels.
    • 18 Jan 2018
      The Southern Suburbs make up some of the most popular residential areas in Cape Town, comprising charming groups of suburbs which lie to the south-east of the slopes of Table Mountain. It is seen as the city's most expensive residential neighbourhoods with a choice of various private schools, upmarket eateries, wine estates, beautiful homes and trendy apartments.
    • 18 Jan 2018
      New year, new goals! If you’ve resolved to purchase your first property in 2018, then this 6-step guide from the Rawson Property Group is a must-read. It will help you navigate and simplify what is often be seen as a confusing process of buying your first home – right from the house-hunt to the house-warming.
    • 17 Jan 2018
      While the current property market may still favour buyers, it doesn’t mean that they shouldn’t be well prepared before putting in an offer to purchase.
    • 17 Jan 2018
      Lightstone lists Blair Atholl as the most expensive suburb with an average house price of R11.2 million, followed by Westcliff (R10.5 million), Dunkeld (R9.3 million), Sandhurst (R9.1 million) and Inanda (R7.2 million).
    • 17 Jan 2018
      As it currently stands, there are four main ways in which a home can be bought in South Africa, says Adrian Goslett, Regional Director and CEO of RE/MAX of Southern Africa, who adds that deciding in which legal entity to purchase the property is not a decision that should be entered into lightly, as each has its pros and cons.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK