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.

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