21
Dec
2015

Northwold is a suburb located in the sought after northern regions of Johannesburg and is in a prime location.

The suburb is well established as it is a reasonably old with all the amenities in place like schools, malls and services.

The architecture is mixed with conventional and modern homes, apartment buildings, freehold homes and townhouse complexes. Property values are driven by the different uses and demand for homes in the suburb as it is in a prime location.

Major roads and amenities are conveniently accessible.

Schools in and around Northwold include Curro Aurora Private School, Damlin College High School, Grace College, Laerskool Unika and Bordeaux Primary School.

Malls in and around Northwold are Northgate Mall, Summerfield Shopping Center, Bromhof Village Center and Bel Air Shopping Center.

The suburbs surrounding Northwold are Boskruin, Sonneglans and Sharonlea.

Northwold has a few exclusive estates which are close by and this is a positive factor that drives the demand for homes in the suburb as it drives prices slightly higher due to the exclusivity of the estates.

Major connecting roads and highways close by which convenience travel to industrial and commercial hubs and other towns include Malibongwe Drive, Northumberland Avenue, the N1 highway and President Fouche Road.

The commercial hubs close by are Randburg CBD, Honeydew and Laser Park.

The suburb is tranquil and clean indicating that services are up to date.

Buy-to-let investments are sought after in the suburb with stable returns because the suburb is in the more up market bracket and the more stringent credit requirements means less people qualify for bonds but want to reside in the more up market suburbs. Thus town houses are a good buy-to-let investment prospect. The entertainment venues are the other attraction to the suburb.

Take a tour of the homes in Northwold via the MyRoof website.

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