Property For Sale Parktown North|Parktown North Property|Sotheby’s
The suburb of Parktown North is situatedclose to Rosebank, Hyde Park and Sandton and is easily accessible to the M1 highway and Gautrain station.
The suburb boasts excellent restaurants, coffee shops, a local shopping centre equipped with medical suits and even a local bus service. There are also many security companies which patrol the area and constantly monitor crime in the suburb, resulting in a low crime rate. Over and above that, all local bylaws are enforced to make Parktown North a very pleasant and safe suburb to live in.
Besides the residential homes, there are a mix of cluster complexes and sectional title apartments in the area. The local Residents Association are very active in maintaining the area for residences and stop any new business developments overwhelming the suburb.
Parktown North property is becoming more popular by the day, and with the cost and wasted time of commuting, it is an ideally situated suburb and has a mix of homes to meet the requirements of modern active families.
History
The suburb of Parktown North was established in the late 18th century and was originally one of the outlying areas of Johannesburg. Back then the average stand size was approximately 2550 square meters. The stands were owned mainly by small farming entrepreneurs who planted orchards and grew fruit and vegetables for the mining town of Johannesburg. Other entrepreneurs established guesthouses to cater for the families of these miners as well as other visitors.
In the early 1960 the Johannesburg Consolidated Investment Company, who originally owned the land, allowed the City Council to let the owners subdivide their properties into smaller stands of 1250 square meters.That was the origin of the popular "panhandle stands" and because all the original houses were built close to the street front, a panhandle was the only solution to allow access to the subdivided back portion. The subdivides resulted in a mix of the original character homes and new modern homes on the panhandles, which now cater for all sectors of the buying public requirements.
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Sales Email: ruth@sothebysrealty.co.za
Lets Email: greka@sothebysrealty.co.za
