Where is River Club located and what makes it advantageous?
River Club is an affluent Sandton suburb bordering Bryanston East, Duxberry, Morningside Ext 40 , Benmore Gardens and Parkmore in South Africa’s Gauteng province.
The relative seclusion lends itself to a serene and leisurely lifestyle in one of Johannesburg’s most populated areas namely Sandton.
Its popularity lends itself to being so centrally accessible. Literally minutes from Southern Africa’s business hub, Sandton Central Business District and the Gautrain, this is an ideal area for property investors.
Its close proximity to many of the leading schools in Johannesburg including the International French Jules Lycee is an added bonus.
What is unique about River Club as a suburb?
River Club offers residents a type of exclusivity not found anywhere else in Johannesburg, or Gauteng for that matter with cosmopolitan demographics. From an area that was farmland. grassland (veld in South African terminology) in the 70’s to a sought after residential suburb bordered by a river and the prestigious River Club Golf Course.
This exclusive 18 hole course is a gem in the crown for those who have achieved membership. Not a penny has been spared in providing members and their guests with a memorable experience.
Community residents benefit from Sports clubs, a recreational park which houses an educational centre, stables, a superb fun centre for children, restaurant, dog walking and family picnic facilities. Security control is an ever increasing priority.
What do properties in River Club sell for?
River Club has experienced a substantial growth over the past few years with property prices increasing steadily making the area an enviable name for itself.
The increasingly popular demand in this suburb is generally delivering excellent ROIs.
Freehold properties in River Club offer potential buyers excellent value for money, especially when you consider how much properties in the surrounding areas sell for.
Around 36 properties have been sold in River Club during this year at an average price of around R 3, 300 000 as per current reports illustrating the fantastic investment opportunities in the area.
Sectional title properties
Sectional title units in River Club offer affordability in this pristine part of Johannesburg. This year to date has seen 50 sectional titles sold at an average price of R 2 200 000.
Again, this trend mirrors that of the freehold market in the area over the same period of time, highlighting outstanding value for money and great potential ROIs.
Author: Barry Davies