Mar
2017
One could say Grand Central in Midrand is a cosmopolitan
youthful suburb. Not to stereotype, but it is the younger generation or
demographic that would invest in townhouses and apartments which one can
attribute to factors like reasonable affordability, modern architecture and the
convenient easy safe lifestyle. Stock levels will not be depleted in the near
future when one considers the number of vacant commercial and large residential
stands still available, earmarked for more townhouse complexes and apartment
buildings which one should also see in the light of growth in property value.
With the modern architecture come the modern interior
fittings and accessories which add further value to these apartments and
townhouses.
The prime location is also possible the most important
factor as Midrand is the intersecting suburb between Jo’burg and Pretoria. Then
the Gautrain terminal in Midrand makes travel a more cost effective
alternative.
This “alternative” lifestyle or property usage is a highly
lucrative high demand investment prospect which will continue to see values
rise and at present, the property values are in the upper-middle-class income
segment.
The vast number of commercial properties also contributes to
the general property values adding to the buoyancy of the suburbs value and
market share.
The large scale development of Grand Central has also
brought with it the need for infrastructure like more malls and schools for
those who have children attending either pre-primary, primary of secondary
schools.
With major roads and highways like Pretoria Main Road, Old
Pretoria Road and the N1 which connect to Midrand and Centurion and the N1
travel is more than convenient.
For young families with school attending children there are
schools such as Varsity College Midrand, DreamHill College, Halfway House
Primary School and Midrand High School, all within easy convenient access.
Residents in Grand Central have a myriad of malls catering
for every need from retail to entertainment and more such as Boulders Hopping
Centre, Mall of Africa and Waterfall Centre to choose from.
