Nov
2017
The suburb of Fairmont Ridge is well-established and in a prime location with all the important amenities like schools malls, access roads and the various commercial hubs within convenient access.
Some of the suburbs in this region of Johannesburg were the favored region for the Jewish community as can be seen by the various Jewish institutions in and around these suburbs.
Tree-lined streets are appealing and speaks to a sense of community and family with the property values being a good mixture for first time home buyers, investors, executives and established families.
Factors which drive the stable property values are its prime location and good service delivery to the suburb. The architecture in the suburb is a good mixture of modern, classic and conventional thus ensuring an attraction to a larger market.
The commercial hubs are the crucial source of income to households in the suburb such as Sandton, Rivonia, Morningside and Bruma but there are industrial hubs which also service the suburb such as Isando, Meadowdale, Kew and Jet Park further highlighting the reasons for the prime location of the suburb.
The property usage consists of apartments, freehold homes and cluster homes which are the ideal investors’ suburb and with the stability of property values mean rental income will increase as the market predicts.
New developments like Maboneng have brought a new interest in the suburb adding to a slight increase in property values, further enhancing the appeal of the suburb as a residential address.
There is also scope for restorers in the property market with classic architecture dating to the establishment of the suburb which could yield good returns on time, money and effort spent.
There is a sizeable amount of prestigious and public schools servicing the suburb such as Summerwood Primary School, Fairsand Primary School, Yeshiva College and Menerva Secondary School.
Malls servicing the suburb are Norwood Mall, Melrose Arch and Midways Mall.
Take a tour of the homes in Fairmont Ridge via the Myroof web-site.
