Property in Sandton has always been popular. It is the shopping mecca and financial heart of the Johannesburg metropol, and living in or around Sandton, is therefore a priority for many. But recently it has become even more popular. Since the completion of the Sandton Gautrain station, and the opening of the line between Sandton and OR Thambo International Airport, Sandton has now become the first point of arrival for many tourists. Many locals on the other hand prefer to park their cars at the Gautrain station and to then take the train to the airport, rather than driving to the airport in peak traffic.The very popular Sandton City Shopping Centre and Convention Centre (only a stone’s throw away from the station) are popular shopping and conference sites. The Convention Centre attracts many popular conferences and expos, while the shopping centre is a dream to everybody addicted to shopping. Not to mention the variety of top class restaurants.Therefore Sandton, and property in Sandton, has become even more central than before. Buying property in the area is currently probably one of the safest property investments you could make in South Africa.If you are buying to rent out, you will not struggle to find a tenant. It is the ideal location for people who commute between Johannesburg and Cape Town, and for people who work in the Sandton area. It is also a popular location for young people who prefer the glitz and glamour of Sandton.If you do own property in Sandton, you also have the option of converting it into a luxury rental apartment, or to consider corporate renting. Although you will then need more capital to furnish the apartment, you will be able to push the rental price up. And if you do not rent out the property on a full time basis, you will still be able to sometimes stay there yourself and enjoy the location and luxury.
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