Jul
2021
Greenside is a suburb of Randburg. The suburb was established on the farm owned by the Geldenhuys brothers at the peak of the gold rush.
The suburb is well-established and commands a high degree of demand which stems from the stable growth in property values, location, proximity to amenities like schools and malls, commercial and industrial hubs.
The mixed property use which consists of apartments, townhouse complexes, clusters and freehold homes will appeal to a large investor base. Sectional-title townhouses will suite the buy-to-let market with stable income from rental and the benefit of property value growth. First time home buyers in the middle class income group will have every need met with the varied properties like apartments and townhouses.
The architecture in the suburb is a mixture of old world charm and space mixed with modern and contemporary designs catering for every fashion taste which is also an important price determining factor in the market place.
Greenside has become a yuppie node with many restaurants aimed at the young executives both for business lunches and late night entertainment which speaks of a high degree of perceived security. The concept is something that was borrowed from surrounding suburbs like Park Town and Norwood with restaurants making use of pavements as useable spaces.
The freehold homes are the flagship of the suburb which is by all measures an upmarket suburb with values between the R2 and R5 mil mark.
The advantage Greenside has is the small commercial node which presents investment opportunities in this market segment within the stability and growth of a residential suburb. The commercial use is made up of sectional title shops and many with long-term leases. The other commercial use is guest-houses which is popular more due to the popularity of the suburb and then proximity to inner city tourist attractions on offer in and around Johannesburg.
There are a number of well placed popular schools in and around the suburb.
Here is a list of schools;
Greenside High School
Parkview Senior School
Parktown Girls High School
Greenside Primary School
Roads which highlight the prime location of Greenside are;
Barry Hertzog Avenue
Greenside Road
Rustenburg Road
Take a tour of the properties on offer in Greenside via the Myroof website.
