Mar
2019
Randpark Ridge is one of Randburg’s more popular and highly sought after suburbs.
This middle to upper-class suburb draws potential buyers and investors due the aesthetic appeal, good service delivery and stable growth in property values which are directly related to the high level of demand.
The status of Randpark Ridge is obviously apparent from the resale value of homes on the open market with the benefit of a number of sectional title townhouse complexes to draw the middle-class and single executives along with recently married couples wishing to enter a more exclusive market with good returns on their medium term investments.
Due to the prime location of Randpark Ridge the rental market is equally in high demand making it a prime investor’s suburb with market related income from rent.
Randpark Ridge is in a prime location when considering distances that one travels to commercial hubs in Sandton, Rivonia, Buccleuch and Woodmead and this can include Midrand as the connecting roads connect up to the N1 via William Nicol Drive. Other roads include Malibongwe Drive, Christiaan De Wet Road and the 14th Avenue exit. The suburb also has commercial property which adds to the diversity and further income prospects and added value to the suburb.
Property usage in Randpark Ridge will attract a large market as it consists of freehold homes, cluster homes, apartments and townhouses with a mixed architecture which consists of two major groups namely modern contemporary and functional conventional. Thus the suburb caters for beginners and established families and could also be an excellent retirement suburb as it offers a good sense of tranquility with all the important conveniences at hand.
Of course with suburbs as well-established as Randpark Ridge there is no need for concern about the state of educational institutions as there are a number of reputable schools servicing the suburb such as Randpark Primary School, Trinityhouse High School, Rand Park High School and Orion College.
Malls close at hand further illustrating the prime location of Randpark Ridge are Randridge Mall, 3@1Randridge and Trinity Village Shopping Centre.
Take a tour of the homes in Randpark Ridge, Randburg via the Myroof website.
