Sep
2020
Primrose Hill was founded around the late 1800’s early 1900’s after gold was discovered.
The mixed property use of Primrose Hill is ideal for a large market segment with apartments, town-houses and freehold homes. The suburb should be viewed as a middle-class suburb that has not reached its full market potential due to a mythical fallacy that the suburb is not worth investing in.
Property values are low and this is a fact that should be capitalized on in the current economic conditions with many of the apartments and townhouses offering the ideal buy-to-let investment with stable returns and a high degree of demand. Apartments fall in the range of the mid R400’s and go above the R500 mark.
For first time home buyers working in the region the properties have loads to offer and the prime location will be a huge cost saving too.
Many of the homes are constructed on large stands which offer the benefit of space and the prospect of adding to the homes which will also not be an over capitalization.
The other feature of the suburb is that homes in the right location of the suburb have panoramic views to the north, east and west of Johannesburg.
As stated the suburb is in a prime location for access to the various amenities and other suburbs with many of the major freeways nearby for convenience. The suburb is also near to some exclusive malls.
Industrial hubs that are crucial and close to the suburb are;
Germiston Driehoek
Isando
Meadowdale
Here is a list of schools catering for the suburb;
Primrose Hill Primary School
Primrose High School
Bedfordview High School
Bishop Bavin School- St George’s
Malls near to Primrose Hill are;
Eastgate Shopping Mall
Bedford Centre
Bedford Village Shopping Centre
Major roads near to the suburb are;
N12
R24
Van Buuren Road
Stanhope Road
Take a tour of the homes in Primrose Hill via the Myroof website.
