Rosebank, Johannesburg

Rosebank at a glance

Rosebank at a Glance
Rosebank is a vibrant and cosmopolitan suburb located north of Johannesburg's CBD. It is a compact area bordered by Oxford Road, Bolton Road, Jellicoe Avenue, and Jan Smuts Avenue. These major arterial roads connect Rosebank to Sandton, Johannesburg CBD, and provide access to the freeway, making it a key transit hub. Rosebank is a mixed-use area, featuring business, residential, and recreational spaces.

Business and Development
The development of the Rosebank Gautrain Station has significantly transformed the area, establishing it as one of the largest business hubs in South Africa. Numerous blue-chip companies have their head offices here, including BP, Sappi, Coca-Cola, and Standard Bank. Anglo Americans move to Rosebank in 2021 further boosted employment opportunities and increased the demand for residential accommodation.

Demographics and Housing
Rosebanks residents are diverse, with a high percentage of young, single adults, many of whom rent their homes. This makes property investment attractive, with excellent rental returns. There is a strong demand for lock-up-and-go units, popular among affluent retirees and young professionals. Residential properties in Rosebank primarily consist of large apartment blocks, clusters, and townhouses. Stand-alone homes are rare and located
mainly in the northern part of the suburb. These homes seldom come up for sale. The apartments are stylish and ultra-modern, with some offering spectacular views. Prices range from R1.5 million for a basic one-bedroom unit to R5 million for high-end two- to three-
bedroom units with outstanding finishes and views. Townhouses with small gardens and 24- hour security are priced between R2.5 million and R3.5 million. The area also has popular retirement villages.

Lifestyle and Amenities
Rosebank offers the perfect blend of work, live, and play opportunities. Most residential complexes are within walking distance of the Rosebank Mall, The Zone, art galleries, gym facilities, and the Rosebank MediClinic. Residents have access to first-class business companies, gourmet restaurants, cinemas, renowned art galleries, and enticing retail options right on their doorstep. The suburb features tree-lined streets and pedestrian-friendly avenues with sidewalk cafes. The Rosebank African Market and Sunday Rooftop Market are favorites among locals and tourists. Additionally, Rosebank boasts world-class hotels, numerous boutique hotels, and guest houses.

Future Development
As Rosebank is fully built up, developers may look at residential encroachment to meet increasing demand. Future projects might involve purchasing and demolishing large stand- alone residential properties to provide new housing solutions.