Outstanding investment property beckons in South Africa’s Hyde Park
Hyde Park in Sandton is undoubtedly named after the world-famous London area of the same name. London’s Hyde Park, like its namesake, is prime property, but located in a city that is one of the most expensive in the world and has property values to match, irrespective of type or style.
London’s Hyde Park
This part of London still boasts the largest of four Royal Parks; a popular green space in one of the world’s busiest, most built-up areas. Initially, King Henry VIII used Hyde Park’s land, obtained from Westminster Abbey, as his private hunting ground, before the public was granted access for recreational purposes in 1637.
The park gained much of its international fame as a place where unfettered freedom of speech was permitted since 1872. Among others, the Chartism and suffragette movements made frequent use of this concession to spread their messages and gain support for their respective causes.
During the Swinging Sixties and early 1970s, virtually anyone, from persons with serious issues to others of dubious beliefs, were fond of bringing along a soapbox podium to Hyde Park’s Speakers’ Corner, from where they sought to convert passing people to their points of view. None of this did anything at all to detract from property values here.
Investing in Hyde Park, Sandton
If one is looking for an investment property in Hyde Park in Sandton, Johannesburg, one could almost, but not quite 100%, pick up a pin and insert it in any spot on a map of Hyde Park in the hope of achieving one’s objective – finding an investment property with sound investment value. Why is this so? The answer is simple and straightforward.
Hyde Park is unashamedly affluent and has been so all throughout its luxurious lifetime. Virtually since this South African Hyde Park came into existence as a Johannesburg residential suburb in 1955, long before Sandton came into being and named as we now know it, almost all properties in Hyde Park have grown and held their investment value incredibly well, practically well enough to apply the pin and map technique with a high chance of success.
Avoid taking chances
However, when conducting any property transaction, one should avoid blatantly taking chances. This country has more than sufficient casinos where chancers are free to take all the chances they like, but taking chances should be left on the casino floor and kept out of the search for investment property.
Despite its consistent well-heeled status and proliferation of high-end properties, or possibly even because of it, a prospective purchaser of a Hyde Park investment property should utilise the professional service of an experienced estate agent who has the required knowledge, competence and marketing network to avoid any potential property pitfalls. Mistakes and pitfalls in the luxury investment property sector are invariably costly and may even be devastating.
Expert advice and assistance
We suggest one of the first-class, qualified agents who represents our premier South African estate agency, Fine & Country South Africa. Each one of our estate agents, who operates throughout this country’s affluent areas, has extensive experience and knowledge of conditions that are local to the particular area, Hyde Park in this instance.
This enables them to provide prospective purchasers with in-depth facts, figures, and intelligence about property ownership, lifestyle factors, and other aspects and conditions that prevail in the designated area or region. This includes aspects often not considered or ignored by agents from other estate agencies.
Fine & Country South Africa has access to professional agents, and financially sound buyers and sellers through our international offices that number more than 300, exponentially increasing and broadening the market for local buyers and sellers alike. An extended marketplace is particularly important in the luxury and investment property sector in the tough economic conditions that currently prevail in South Africa.
When you’re contemplating the acquisition of an investment property in this country’s Hyde Park, Fine & Country South Africa is ready and qualified to provide you with the expertise you deserve.