Inner-city residents are "overwhelmingly" positive about the future of the city over the next 10 years, with the 2010 Soccer World Cup seen as its driving force, according to a recent survey.
"The majority of respondents saw growth and great improvement in the city, and saw Johannesburg as being a world class city in 10 years time, with the 2010 Soccer World Cup seen as a catalyst in this process," said Richard Rubin, Aengus Property Holdings managing director.
Aengus recently conducted the survey into city living in which the residents of upmarket apartment buildings in Johannesburg were asked to give their views on the future of Johannesburg.
"Because the Ellis Park precinct, a key venue for the World Cup, is on the border of much of the residential development, there will certainly be an investment spike for [those] owning property in the city."
"With that will hopefully come an improvement in infrastructure like transport," Rubin said.
"The findings also indicated that city dwellers were benefiting from an improved economy with greater job opportunities, more businesses and greater profits."
The biggest worry for most residents was crime, with 38 percent of respondents identifying improved safety and security as the biggest necessities for Johannesburg.
"Respondents want more CCTV cameras positioned around town, and more visible and more frequent police patrols. They want the issue of crime to be dealt with," Rubin said.
The second biggest need residents identified was for the city to be cleaner.
Gavin Meskin, operations director at Aengus, believes there is a lot of work to be done before Johannesburg truly becomes a world-class city.
He said that Johannesburg did not have enough green areas, sports facilities and restaurants to spur investment in the city. Rubin added, however, that there was a slow move towards more "lifestyle" investments such as retail, restaurants and gyms.