Within in any area, infrastructure upgrades are highly important to maintain the property value and enable residents and visitors who frequent the particular location a better quality of life. According to The Fourways Review a local community publication, the Fourways area has just seen infrastructure upgrades that are said to drastically improve the quality of life for people who live in the vicinity.
The news article stated that road infrastructure around William Nicol Drive and Future City Fourways had enabled a clean up around the Witkoppen Clinic and School, hence this made this particular part of Fourways more serviceable for the general public. The article went onto to state how the upgrades also created heightened safety around this particular part of Fourways which is of utmost importance to those using the clinic.
According to another infrastructure based news website http://www.infrastructurene.ws, the project was implemented a number of months prior to its recent completion and R576 million was allocated to the mega upgrade. “ the multi-million rand road construction project will expand the road capacity and improve mobility and safety on what is an extremely busy arterial road”.
-http://www.infrastructurene.ws/2016/02/26/r576m-to-upgrade-william-nicol/
Key infrastructure upgrades such as this have a positive impact on property value. This is according to leading South African property magazine, Property Professional which stated in an article entitled “How Infrastructure upgrades impact real estate” written by Anne Schauffer which says that “infrastructure stimulates sectors of the property market, both directly and indirectly”-Schauffer (2017). The article went onto to make reference to other successful infrastructure projects implemented nationwide such as the successful Gautrain transport project or GODurban! Which is Durban’s integrated rapid public-transport network, which was implemented to curb some of the transport issues that affect the city and nearby suburbs and towns. These initiatives have widely been praised and have said to have improved the daily lives of normal citizens in these particular urban environments.
Leading property company Century 21 has a number of properties available for sale in the Fourways area and it’s likely that interest will grow with these infrastructure upgrades. There are currently 20 listed properties through the group and properties have a wide variety of prices and sizes that suit various potential homeowners needs. Properties in the area, also range from restored older type houses to ultra modern newly built homes, which is largely dependent on taste and budget.
These road upgrades aren’t the only infrastructure upgrades in the Fourways area and The Fourways Mall is also a location that has seen a major upgrade which started in September 2015. Developers have been making infrastructure revamps with the intention of transforming the mall into the second biggest in South Africa and the largest in the Gauteng province. This is according to an article published off Bussinestech.co.za entitled “A look at the Fourways “mega-mall” planned for 2018”. According to the article once the mall upgrades have been completed the location will supersede that of Sandton City, which is widely considered to be one of the most extensive shopping experiences in the region.
These major upgrades can only have positive spin-offs for those wishing to invest in the Fourways area. For many years the location has been a firm favourite for new and existing homeowners and upgrades such as these only make the area more livable for so many reasons. Century 21 is here to help you in any way possible in terms of make the best decision when it comes to buying the perfect home. Get in contact with one of their highly regarded brokers today and start your dream home out of the Fourways area. This is one of best residential suburbs in the sprawling Johannesburg area for so many reasons.