The plush neighbourhood is home to the rich and powerful. (Image: Getty)
The wealthiest city in is home to the nation’s “richest square mile” where stunning homes go for over £2million.
‘s Gauteng provice, is often called the “City of Gold” with over 12,000 millionaires, 25 centi-millionaires (worth £100 million or more), and two billionaires, according to the Henley & Partners Africa Wealth Report.
But one part of the is particularly beloved among wealthy and powerful figures, and is where many of Africa’s biggest banks and firms are headquartered, as per .
Sandton, located in the north of the City of Johannesburg Metropolitan Municipality was once an independent municipality, and was named using a portmanteau of its two suburbs, Sandown and Bryanston, as per the outlet.
Though its perhaps best known as a business district, Sandton is also home to sprawling mansions, shopping malls catering to high-net-worth customers and posh golf clubs.
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Sandton City (Image: Getty)
Sandton’s bustling business district is often referred to as ’s richest square mile, but it also boasts an exclusive residential neighborhood that caters to every taste.
Craig Hutchison, CEO of luxury firm Engel & Völkers previously described the area as having a “vibrant, fast-paced metropolitan lifestyle with all the amenities on offer, together with the subtropical climate, which make it a very attractive option to high-net-worth individuals”.
But though houses aren’t cheap, with , others offer huge grounds and imposing architecture for well below what you’d have to pay in some of Europe’s most sought after neighbourhoods.
For example, a sprawling gated currently listed on Rightmove with six bedrooms, a swimming pool and a sumptuous river view is priced at £873,469, with .
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Sandton City (Image: Getty)
Known locally as Jo’burg or Joburg, Johnesburg is also known for its rich history and culture.
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The city is home to over eight million people and is one of the largest world with a booming economy driven by flourishing industries like finance, IT, and manufacturing.
But it’s not without its challenges, and faces various issues including inequality, crime, and housing shortages, but urban renewal projects to improve the experience for residents.
It’s also a major travel hub, with its OR Tambo International Airport staking a claim as ‘s busiest airport, connects millions of people to destinations across the globe per year.