Jul
2021
Glenhazel is a well-established and sought-after suburb for its tranquility and location.
Property values are driven by demand which stems from the stable performance of property values and mixed architecture along with what the individual properties have to offer in terms of finishings and space.
The mixed property use attracts a broader income group with property use comprising apartments, clusters, townhouses and freehold homes. Thus the target income groups are from the lower middle income groups to the higher income groups.
Tree lined streets and tranquility are the norm for the suburb along with the mixed architecture which consists of modern and conventional designs with a good number of homes dating back to when the suburb was established during the gold rush.
The well-established and popular schools like Hoerskool Linden, De La Salle Holly Cross College High School and King David High School have strong track records in academia and on the sport fields.
Major roads which further enhance the benefits of residing or renting in the suburb are Malibongwe Road, Tana Road, Beyers Naude Drive and Bram Fisher Drive.
The surrounding upmarket suburbs of Darrenwood, Robindale, Blairgowrie and Victory Park have a cross-pollination effect with investors and intended tenants which relates to a stable demand in the market.
The rental market in the suburb is large which offers further investment prospects in the sectional title market which is a bit more affordable than the freehold homes in the suburb.
There are more than a handful of malls to deal with retail needs in malls like Cresta Shopping Centre, Randburg Waterfront, Randburg CBD and Fourways Mall.
Commercial hubs dealing with employment are places like Randburg CBD, Berario and Hyde Park.
Myroof has a web page brimming with properties. Take a tour of the properties in Glenhazel via the Myroof website to find your new home.
