18
May
2020
May
2020
Being aimed at the working class meant that the stands were from 500 m2 to a maximum of 1000 m2 in size. It had its advantages and drawbacks later in the development of the suburbs like Regents Park.
Today Regents Park is a low to middle-class suburb with a mixed property use. It is a well-established suburb that enjoys a whole host of advantages like its location, demand and amenities.
In today's terms suburbs like Regents Park are considered ideal locations as Johannesburg. It has expanded so much over the years that it is today considered to be the CBD. All the amenities have decentralized from the city centre and for suburbs to be self sustaining in terms of employment and retail and educational needs.
Regents Park properties are mostly freehold homes and this is in part due to the stand sizes not exceeding 1000 m2. Property values are stable and still yield the 6% year on year which is a market norm.
For first time home buyers the suburb is ideal in this regard with values ranging from the mid R500 mark to above the R1.2 mil mark. Attaining bonds in the suburb falls within the same criteria as any other suburb in Gauteng and South Africa.
Regents Park being a working class suburb means that industrial hubs were first and foremost in the minds of town planners thus putting the suburbs close to the residential suburbs.
Today this is a huge cost saving factor that is beneficial to residents of the suburb.
Schools and malls are catered for.Here is a list of schools close to the suburb;
Rewlatch Primary School
Regents Park Primary School
The Hill High School
St Martin’s School
Malls close to the suburb are;
The Glen Shopping Mall
Alberton City Mall
Rosettenville Shopping Mall
Take a tour of the homes in Regents Park via the Myroof website.
