Sep
2015
Auckland Park Johannesburg was laid out by a New Zealander named John Landau who named the suburb after his native New Zealand city of Auckland.
The suburb expanded and changed with the times and the architecture which surely has some of Sir Herbert Baker which is prevalent in suburbs like Park Town, not far from Auckland Park.
Many of the older homes serve as part of the large commercial hub around Auckland Park, further enhancing property value and expanding property usage.
Architecture is a mixture of Colonial, Victorian and modern which is a feature of the suburb.
The other attraction is the SABC head offices which employ a large number of staff and the demand for residential property close to work has increased the demand further.
The proximity of the University of Johannesburg means that the apartment building are serving largely as student residents and this is a constant source of stable property investment as students don’t or rarely do own the property.
Property values are mixed but are on the higher income spectrum even for the apartments and this is further driven by the commercial district which has been under re-development with many of the financial institutions opting to relocate to suburbs like Auckland Park form the Johannesburg CBD.
The suburb has schools, malls and retail hubs which make it a sought after suburb for most people preferring to reside in Johannesburg and the bustle of city life. Tourism attractions are the other source of property usage catering for guest houses and Bed & Breakfast’s for mostly foreign tourists scouting the memorial and heritage sites of Johannesburg’s yesteryear.
Surrounding suburbs include Melville, Parktown, Westcliff, Brixton and Braampark.
Take an armchair tour of the properties in Auckland Park and surrounding suburbs via the MyRoof website. Who knows, your dream home could be waiting for you.
