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Renico Construction (Pty) Ltd.
EMAIL NEWSLETTER - Jun 2017
Message from the Managing Director

Dear Friends, Property Investors and Enthusiasts,

As winter wraps us into her cold embrace our construction teams step up their pace! A whopping 1,314,000 bricks and 15,110 bags of cement have been converted into buildings on our various developments during the past month! Most of our bricks came from our Janho Brick Company – a very valuable asset. Janho also sells bricks to the public, so if you’re looking for good quality cement bricks visit the Janho Website to find out more!

As predicted in last month’s newsletter the Reserve Bank kept the repo rate unchanged with the... See More

Featured Residential Developments

Construction of our Moorgate development next to our 151 unit Kingswood development in Randpark Ridge commenced during the past month. The complex will comprise of 94 two bed, two bathroom apartments and will also be let to tenants upon completion. The planned date of completion is set for the 25th of November of this year with the first tenants taking occupation of these brand new homes on the 1st of December.

New apartments being developed in Randpark Ridge
Construction to the 94 unit Moorgate residential estate commenced during May. All units will offer 2 bedrooms with 2 bathrooms, a generously sized lounge area and a well-designed open plan kitchen. Each unit will have ...

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Affordable Housing

We have experienced excellent sales results with the full title homes that were recently completed in Crystal Park, Benoni. The free standing three bedroom homes of either 66,3 or 74,3m² were priced from R665 000.00. Construction of the ten homes within the second phase will commence within the coming month as four of the homes have already been sold off plan.

There are a number of exciting residential projects planned within Crystal Park.  More on these developments will be featured in my future newsletters. 

Featured Commercial and Industrial Developments

As our 39B on Kingfisher Office Park nears completion all specialist contractors have moved onto site to commence with the finishing of the sectional title offices. We are currently negotiating with a number of prospective clients, hopefully to conclude a sale before the completion date of the 1st of August.

Situated within the Cosmo City Business Park, the new premises for the Green Bean Learning Academy, consisting of a 2394m² warehouse, offices and showroom, were completed within a brisk 4 month period and ready for occupation by our clients at the end of May. They will now serve as the new head office and distribution centre for the company.

Commercial Developments
New Premises for Green Bean Learning Resources
The premises within the rapidly growing Cosmo Business Park was designed and built to the clients specifications. Date of completion was 1 June 2017.

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Latest News
Gauteng residential regions and a look at the City of Joburg, currently very different to Cape Town.

Our 1st quarter 2017 Gauteng Sub-Regional House Price Indices show mediocrity in terms of house price performance to be widespread.

This is a very different situation to our City of Cape Town Sub-Regional Indices which show a very strong market on the other side of the country. The advantage of this mediocrity, however, is that our estate agents surveys continue to show very strong levels of 1st time buying in Gauteng compared to the Western Cape. For...

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Launching Shortly!

Once again all subscribers to our newsletter are the first to hear of our latest launches. Our Sardinha residential development situated on Shearwater Drive in Wilgeheuwel, Roodepoort will offer 163 two bedroom, two bathroom homes. The complex will comprise of a number of pet friendly simplex homes priced at R920 000.00 while the apartment style units are priced from R795 000.00

Please contact Madri Maritz on 082 871 7857 or madri@teamsyndicate.co.za if you would like to get more information on this development. 

Latest Listings
R1,899,000
3 Bedroom Cluster For Sale in Strubensvalley
This beautiful family home is located in a quiet neighbourhood, a stone throw away from Clearwater Mall. The property features ...

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R130 per m²
273m² Office To Let in Amorosa
A-Grade ground floor office suite situated just off the Hendrik Potgieter/ Peter Road intersection. The development was completed late in ...

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Regards
RENICO Construction (Pty) Ltd
Tel 011 794 1177
Fax 011 794 1159
Email info@renicoconstruction.co.za
WWW.RENICOCONSTRUCTION.CO.ZA
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