Apr
2019
The east rand is a vast metropolis consisting of self-sustaining towns which largely have their economic sustainability based on the industrial sector.
This was as a result of gold mining and heavy, medium and light engineering which were the primary points of suburb being established. Of course as commerce grew commercial hubs were being established to manage the industrial sector which now also makes up a part of the suburbs and the general demographic.
Gosforth Park is a suburb of Germiston which could be classified as a middle-class suburb with a mixed property usage consisting of townhouses and freehold homes. Being an older suburb means many of the homes have a more conventional architecture with functionality in mind and some have been remodelled to reflect more current trends.
Renovating some of the older homes in Gosforth Park can yield good returns on the investment and has great rewards in time and effort and it is also a lucrative rental market.
The same can be said for the sectional title market which is a high demand market, given the current economic climate. They are also in high demand due to the prime location of Gosforth Park in relation to the major hubs and major roads.
Tree lined streets in older suburbs are appealing and this is true for Gosforth Park with green pavements and manicured gardens.
The major industrial hubs surrounding Gosforth Park are Elandsfontein, Rosherville, Knights and Germiston South Industries.
Major roads connecting to these hubs are the N12, N3 Eastern Bypass and the N17.
Commercial hubs close to Gosforth Park are Bedfordview, Morningside and Sandton on major roads such as the N3, M2 which also offer reasonable access to Sandton, Rosebank and Rivonia.
Schools which service Gosforth Park are Germiston South Primary School, Parklands High School and Hoerskool Alberton.
Malls taking care of retail needs in and close to Gosforth Park are Alberton Mall, Newmarket Mall and Bedford Centre and Eastgate Mall both in Bedfordview.
Take a tour of the homes in Gosforth Park via the Myroof web-site.
