So says Pawel Jurkiewicz of Leapfrog Property, who notes: "Properties in Henley-on-Klip have been in increasing demand in the past year or so, and stands have generally nearly tripled in value as more and more people migrate from denser, bustling areas in search of a quieter, safer lifestyle.
"Most stands here are between 2,000sq m and 4,000sq m, and the Midvaal Municipality will not approve any subdivisions to create stands smaller than 2,000sq m. They have also decided that only one dwelling per 1,000sq m may be built, meaning that property owners' investment in a spacious lifestyle is protected by law."
Henley-on-Klip is located midway between the Johannesburg CBD or Alrode and Vanderbijlpark, with a 20-minute drive involved in reaching either destination. "This makes the area perfect for executives seeking to offer their families a country lifestyle, and properties are exceptional value for money considering what they offer," says Jacques Bronkhorst, owner of Leapfrog Property, Johannesburg South.
Jurkiewicz says a 2,000sq m stand that would have been marketed for R50k three years ago will fetch R250k now, indicating the rise in demand.
"However, a three-bedroom, two-bathroom home with a swimming pool and other extras can still be bought for under R1m, while a home I've marketed, which was on 12,000sq m and had meticulous landscaping, tennis courts and a beautiful home, sold recently for R4,2m."
And now with demand outstripping supply, nearby Meyerton is picking up the overflow from Henley-on-Klip. "The cost of land in Meyerton is also relatively low, allowing developers the opportunity to build complexes that offer homes from R600k and upwards," Jurkiewicz says.
Meanwhile the Midvaal Municipality is also committed to welcoming new business to the area, in order to boost economic activity.
For this reason, it views applications for business rights in a more lenient light than perhaps other areas would, although it has identified specific areas that are particularly appropriate for business development. This is also in anticipation of large-scale development during the next 10 years along the R59 corridor alongside Henley-on-Klip.
For more information contact 011 682-2622 or click here to visit the website.
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