Sandton, situated in the northern suburbs of Johannesburg, is recognised as the high-energy commercial centre of South Africa and is ideal for those in search of both residential property and business real estate. Considered by many to be the 'richest square mile in Africa’, many major companies have invested in Sandton property, thus offering a plethora of employment opportunities in diverse industries.
Owning Sandton property is an investment in a trendy lifestyle. Real estate is in high demand amongst those who are looking to upgrade to a more distinguished and prestigious way of life.
The Sandton Gautrain portal has positioned Sandton as an accessible business and social destination, and ensured that Sandton property continues to be sought-after due to accessibility. As a preferred destination for private and corporate clients, Sandton rentals continue to meet and exceed expectations.
Sandton derives its name from Zandfontein, the farm it originally started out as. It became a bustling business district with the construction of Sandton City, which was erected in the early 1970s and eventually opened for trade in 1974.
In the mid-1980s, property in Sandton was considerably cheaper than that in the Johannesburg CBD, which resulted in a Sandton property rush. The area was transformed after the discovery of gold in 1886. Land values increased and old farms were sub-divided and sold to developers. Local small holdings benefitted greatly from the sudden economic development and many of them supplied fresh produce and other trade to the goldfields.
The allocated Sandton office space in the 1980s was originally only 200 000 square metres, today Sandton office space has grown to over 1 million square metres.
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