Industrial Properties in Gauteng: Why Demand is Surging
The Gauteng property market is showing remarkable resilience, and industrial properties are leading the way. With rising rental growth and low vacancy rates, Gauteng’s industrial sector is an excellent opportunity for investors in 2024. Let’s explore why industrial properties in Central Witwatersrand, East Rand, and other key areas are outperforming expectations. 1. Impressive Rental GrowthRental […]
The Fascinating History of Waterfall City.
It all began in 1934 when Moosa Ismail Mia and his four sons purchased Farm Waterval for £16 000 from an insolvent estate and registered the development in the name of Witwatersrand Estates Limited. The land was previously owned by the Gibson Brothers, who bred cattle and ran a successful stagecoach business between Pretoria and Johannesburg. […]
Kyalami’s Transformation: From Historic Racetrack to Global Motorsport Destination
Kyalami, one of South Africa’s most iconic racing circuits, is on the brink of a new era. With ambitious plans for transformation, the racetrack is preparing for major upgrades to meet FIA Grade 1 standards – essential for hosting a Formula 1 Grand Prix. As Kyalami gears up to re-enter the world stage, the area’s […]
An Outlook on Cautious Optimism for Johannesburg’s Office Market
Despite a tumultuous year, the battered Office Market is showing signs of recovery. There is no guarantee that this will continue. Factors such as loadshedding have been somewhat curbing work-from-home efforts. However, the high petrol price influences employees to avoid a daily commute. In the long term, businesses are noticing the necessity for increased face-to-face […]
South Africa’s Industrial Property Market – Still the Best Performer
Within South Africa’s real estate domain, the industrial property market stands tall, boasting low vacancy rates and robust rental growth. Cape Town emerges as a regional leader with a remarkable 17% surge in rentals compared to pre-pandemic levels in 2019. This resilience of the industrial property market is indeed surprising, evident in its national vacancy […]
Unlocking The Secrets Behind Property Zoning
Most property owners are familiar with the basic concept of zoning. Zoning determines the purpose which a property can be used. However, many are not aware of the various sub-categories of zoning which offers savvy buyers good returns in a changing market. When buying a property, it is ideal to have the approved zoning in […]