Modderfontein’s popularity on the rise

hd49modderfonteinInvestment and development have transformed the once-modest East Rand suburb of Modderfontein considerably over the past decade.
Its elevated status and growing popularity have steadily driven an increasingly resilient residential market that is weathering the current economic storm far better than many areas.
William Lee, area specialist for Lew Geffen Sotheby’s International Realty in Modderfontein and Greenstone Hill said: “Modderfontein has a wide range of properties to suit all budgets, from entry level houses and apartments starting at around R2.3m and R850 000 respectively, to large modern designer homes nudging the R10m mark.”
He attributed Modderfontein’s market buoyancy and surge in demand to a combination of appeal factors:
Security
“Security is the number one concern for most people and Modderfontein is becoming known as one of the safest suburbs,” said Lee. “There are now several boomed areas with limited access, as well as highly sought-after lifestyle estates that afford residents the peace of mind of top level security as well as on-site amenities such as parks, pools and playgrounds where children can play safely and families can relax.”
Convenience
Modderfontein’s thriving commercial and business nodes allow many residents to live a stone’s throw from their place of work. Its convenient central location allows easy access to OR Tambo Airport, Sandton and Midrand.
Development
Modderfontein is poised to become one of Johannesburg’s most influential nodes with the imminent R84 billion development of a 1 600 hectare ‘Smart City’ by the Zendai Group with commercial, industrial, educational, medical, leisure and residential components.
Zendai Group has already started construction on infrastructure development at Modderfontein New City with the recent completion of the R45m extension of Centenary Road which links Modderfontein Road to adjacent Linbro, which will ultimately offer alternate access to and from the N3.
Lifestyle estates
“The most sought-after properties are homes in the lifestyle estates. These estates incorporate an array of amenities such as well-maintained parks, playgrounds and communal pools. They offer a great sense of community with most hosting regular social events exclusively for residents.
Strategic location
Commercially, Modderfontein is strategic located with direct linkages to OR Tambo International Airport and the Ekurhuleni Aerotropolis, placing it in prime position for the freight and logistics markets, and the precinct is also likely to be home to the Gautrain’s next proposed station, which is positioned on the OR Tambo Sandton line.