Catering to a variety of investors, Killarney property offers a choice of sought-after apartments and residential dwellings in the heart of Johannesburg. In recent years, the area has seen a revival, which has attracted a growing number of younger, upwardly mobile residents and first-time investors. This area remains a popular choice for long term owners, too, making it a versatile area for retirees and older residents as well as young families, couples and singles seeking a central base.
Keep reading to find out what makes Killarney property the ideal investment for every type of investor, from first-time property owners to short term rental investors and retirement investors.
First-time property buyers.
While still considered one of Gauteng's affluent areas, property in Killarney is accessible to those who are entering the property market. For first-time property buyers, the area offers a large selection of apartments that fall within the mid-range price bracket. Flats under R2 million can be found alongside higher value apartments. Thanks to the area's proximity to schools, shopping outlets (including Killarney Mall - one of Johannesburg's oldest malls), attractions and commercial centres, this area is accessible and central. The M1 freeway connects the suburb to the rest of Johannesburg, making it ideal for commuters travelling to Sandton City or Johannesburg CBD.
Short term rental investors.
For investors who are looking for a central location for short term property investment, this area is equally enticing. Killarney is a cosmopolitan suburb that is home to various religions and races, as well as a large gay community. With its consulates, tall residential buildings - many of which bare a signature Art Deco architecture, film studio, golf course, mall, restaurants and facilities, this area offers a central base for both business and leisure travellers. Nearby attractions such as Johannesburg Zoo, Zoo Lake, the Wilds Nature Reserve and Sandton City are all within driving distance. Despite its trendy city feel, Killarney has enough greenery to feel less like a concrete jungle and more like an upmarket urban suburb.
Retirement investors.
A number of residents here have been living in the area for a few decades. For those seeking a retirement investment, apartments here are reasonably priced and central enough to provide a convenient base in the heart of Johannesburg. Many apartments are situated in older character buildings that have helped the area retain its charm. The combination of old and new makes properties in Killarney perfect for anyone wanting to enjoy life on the other side of employment while still being within easy reach of the city's many facilities and attractions.
At Sotheby's International Realty, we aim to make all of our buyers' dreams come true. Contact us today to discuss your Killarney property requirements, and let us help you achieve your dream.