Sandhurst - Africa's most opulent Suburb

Sandhurst is recognised as one of the wealthiest suburbs boasting some of the most expensive real estate on the continent.

Positioned in the luxury end of the market, it is difficult to peg an accurate average price for the suburb as the properties are unique and pride themselves on their own style and character.  On the whole, homes sell from R12m right up to R100m and more. Clusters range from R10m to R35m and above and monthly rentals could vary from R15 000 to over R100 000. However, Sandhurst continues to achieve excellent prices and returns.

1 Bedroom Apartment for sale in Sandhurst, Sandton

It would not be unreasonable to presume that Sandhurst is named after the small town of Sandhurst, Berkshire, England, that lies adjacent to the well-known Sandhurst Royal Military Academy. Streets such as Coronation, Harrow and Eton Roads and Oxford Avenue would support this hypothesis.  The Academy was formed in 1947 and some 17 years later the suburb of Sandhurst was proclaimed.  Since then Oxford Avenue has become the most exclusive street in Johannesburg.

The homes in Sandhurst tend to be stately rather than nouveau riche. There are few cluster developments and according to the Deeds office only eight were registered as opposed to 19 stand-alone houses year-on-year.  Most of the homes are set on huge properties ensuring that the suburb remains sedate and quiet, cloistered in their leafy environment with tree-lined avenues and devoid of any through traffic. Most of the streets are heavily patrolled and homes are hidden behind massive two metre high walls.

Jawitz Properties’ agent Peter Gowans says that at present, there is a shortage of stock with very few new releases coming on the market. “We can usually expect at least one a month for the full Sandhurst property range, and that includes free standing, cluster and vacant land.

“Potential buyers tend to be cautious before committing to a sale. Price is often not a factor as the client generally has specific requirements and will pay a premium to obtain a particular lifestyle. After all Sandhurst has the reputation of being South Africa’s premium suburb with top quality luxury homes that speak of status and success,” he says.

1 Bedroom Apartment for sale in Sandhurst, Sandton

Foreign business executives, both European and from the African continent as well as local business people are attracted to the area.  An added plus for them, is the many stands that are north-sloping opening up to superb views to the north and west and giving the property a presence on approach,” he says.

The whole of Sandhurst with the exception perhaps of the area bordering Parkmore offers excellent value.  Being close to the Sandton CBD, and with major attractions such as high class shopping centres, the exclusive Inanda Club, Wanderers cricket stadium and golf club and leading private schools provide convenient access to the essential hubs. 

“When the market is buoyant, these properties appreciate in value and provide an excellent investment return. Very occasionally a bank repossession will sell at a reduced price, for instance an older house on 4000m², but these are few and far between.  The highest registered sale recorded so far was R80-million in Oxford Avenue” says Gowans.

A recent entry to the market is a R27.5-million Philip Watermeyer designed, Georgian-styled home with a double volume marbled floor reception hall complete with a classic chandelier and a grand staircase.  A large 16-seater dining room overlooks the garden and a huge family room opens to a delightful patio and swimming pool. Upstairs are eight luxury bedrooms and six bathrooms. The stand size is 4448m².

  Comment on this Article

  Please login to post comments

Post to my facebook wall
Characters remaining

    Latest Property News
    • 21 Jun 2018
      Anyone who’s ever been involved in a building project that’s gone wrong will appreciate the importance of adequate insurance cover in the construction industry.
    • 21 Jun 2018
      A recent news story about a blind tenant caught in a legal battle with his body corporate over letters and notices he was unable to read and consequently comply with has raised the question: what are the legal obligations for landlords with disabled tenants?
    • 21 Jun 2018
      A trend that’s taken the world by storm in recent years is that of hygge (pronounced: hue-guh), a Danish concept that is about creating intimacy, connecting with loved ones and taking pleasure in small, ordinary things.
    • 20 Jun 2018
      Buying or selling real estate isn’t as easy as it is portrayed sometimes, especially if there is a death of a party during the transaction which can make it awkward, tricky and inconvenient.
    • 20 Jun 2018
      With interest rates remaining at historic lows and banks continuing to compete for mortgage finance business, first-time buyers with funds at their disposal are currently well-placed to gain that initial foothold on the property ladder, particularly in the light of the slightly lower growth rates currently experienced in residential property values.
    • 20 Jun 2018
      The average size of bond granted in SA has grown 7,7% in the past 12 months to R934 000, according to BetterBond, the country’s biggest bond originator.
    • 19 Jun 2018
      In the current market, letting out a property can be a good option as rental demand remains strong, especially in the northern suburbs of Johannesburg. This is according to Chris Renecle, MD of Renprop. However he says that before homeowners let their property out, there are five key points they should make sure are covered before they market the property for rent and sign any lease agreements.
    • 19 Jun 2018
      The Capetonian dream is to live by the ocean with the iconic mountain making an appearance somewhere in the horizon. But, that dream comes with a hefty price tag that many simply cannot afford. But, should you venture some kilometres out of the city centre, entirely new realms of beachside bliss await you …
    Subscribe to the MyProperty Newsletter

    Last Name  
    Email Address  
    Email Frequency
    Share this Page

    For Sale Property
    Rental Property
    More Options
    Connect with us