Oct
2020
Gresswold is an old and well-established suburb located North-east of the Johannesburg CBD.
Old houses mixed with modern and tree-lined streets makes Gresswold the ideal place for first time buyers. All the important amenities are no more than 4, 5 kilometers away, from entertainment, commercial hubs and other middle class suburbs like Sunningdale, Lyndhurst and Bramley.
The letting market in the suburb is in high demand and this is due to the proximity to the commercial hubs of Rosebank, Sandton and Norwood being so close. For those working in the Johannesburg CBD it is just as convenient to access, no freeway traffic for the suburb.
The mixed property use of the suburb is ideal for the letting and buying market with freehold homes and sectional title apartment buildings which date back to when apartments where fashionable.
Being a middle class suburb means property values for freehold homes range from the mid R1.5 mil mark and up and for apartments from the R450 mark to above R700 depending on what is on offer.
The fact that Louis Botha Avenue is the suburbs main road is a major benefit as the road connects to various other suburbs and important amenities for huge convenience.
The other benefit of the suburb is its proximity to Kew which has an industrial hub meaning the office is nearby.
The architecture is a mixture of old and conventional and more modern designs which attracts a large pool of interest to the suburb. The other attraction to homes in the suburb is the fact that the homes are spacious with large grounds making it ideal for the middle aged families that need space.
Schools in the region are popular with good academic backgrounds with a few private schools nearby for good measure.
Here is a list of some popular schools nearby;
St Mary’s School
Parktown Boys High School
St David’s College
The suburbs residents are in the privileged position to have a number of exclusive malls within easy access located in the upper-class suburbs of Rosebank and Sandton.
Here is a short list of malls nearby;
Melrose Arch
Balfour Park Shopping Centre
Dunkeld West Shopping Centre
Sandton City
Take a tour of the properties in Gresswold via the Myroof website.
