Waverley, Johannesburg central north is another of the “Randlord’s” of Johannesburg’s endeavors. Established in the late 1800’s the suburb is one more of the affluent suburb with wide tree-lined streets. Surrounded by historical heritage homes of yesteryear does have an impact in property values.
In recent years there has been some redevelopment taking place in the older suburbs which has brought about a more wise use of disposable land in suburbs like Waverley. Town councils have lifted restrictions on properties offering owners further investment opportunities with grounds that allow for subdivision.
Thus there are now a number of clusters homes that form part of the property use. These properties are expensive but that comes with the suburb and its reputation. Property values do now perform equal to the market inputs but due the “Randlords” initial idea the property values were high. The Randlords were followed by medical doctors practicing at the then Joburg Gen Hospital seeking the exclusivity and enjoying the fruits of their toil.
The location of the suburb is prime in every respect. Close to schools, malls retail and commercial hubs which form the basis of sustainability of the suburb and surrounding suburbs.
These exclusive suburbs are also responsible for a demand for private schooling and the suburb and surrounds have a great number of popular schools to choose from.
There are also a number of Guest-houses in the suburb which caters for business tourists and holiday tourists exploring the many historic sites in and around Johannesburg.
Here is a list of popular schools in and near to the suburb;
Waverley Girls High School
The Torah Academy Primary and High School
Highland North Boys High School
Eden College Lyndhurst
Commercial hubs are;
The exclusive malls are too many to mention, here are a few;
Balfour Park Shopping Mall
Take a tour of the properties in Waverley via the Myroof website.