Yet another demoralising fuel price increase has been announced, and South Africans will have to fork out even more of their hard-earned cash to fill up at the pumps. It will not be much longer before the knock-on effect of these massive increases filter through to the price of consumer goods and public transport. With no end in sight to the already two month long military action against Iran, the world is being held to ransom and as history has shown us, the poorest of the poor will be the ones who will suffer the most.
The 4th of November has been gazetted as the day South Africans will once again head to the polls for the municipal elections. This will hopefully bring much needed change to the three metropolitan municipalities which make up the economic powerhouse of Gauteng. Ekurhuleni, Tshwane and Johannesburg not only find themselves on the edge of an abyss but also regularly feature with ‘lead roles in the ongoing Madlanga Commission. An improvement in the management of these cities should almost immediately lead to increased investor confidence and an increase in property values.
Then I would like to make special mention of our 22,510m² industrial premises situated on 23 Bertha Road, in Mostyn Park. This large box warehouse just off Malibongwe Drive was previously tenanted by Tiger Brands and then West Pack and is ideally suited for a distribution centre or manufacturing premises. Either available as a rental or outright purchase, there are no other similar-sized warehouses on offer in either Randburg or Roodepoort. Head on over to www.renico.co.za for more information on this one-of-a-kind warehouse.
The secure Riverspray Lifestyle Estate in Vanderbijlpark not only offers a magnificently kept 500-meter shoreline on the Vaal River, but also boasts a variety of amenities for residents to enjoy. Scenic walking trails, communal braai facilities, a chip-and-putt golf course, clubhouse, communal pool, and a private slipway into the Vaal River are but a few of the amenities on offer. The estate enjoys 24-hour security, with a recently upgraded biometric system for access control. It is the perfect environment for your children to safely enjoy playing in the streets, knowing they are within the secured confines of the estate.
Our fifth phase is almost sold out, and it will be another three months before our sixth phase homes will be ready for occupation. These full title simplex homes with three bedrooms and two bathrooms, still offer some of the best value-for-money available today with prices ranging from R835,000 (bond and transfer fees included)
Construction to our first five full title homes within the Elemente security estate overlooking the stunning Potchefstroom Dam has commenced. Both the simplex and duplex homes offer a three bed, two-bathroom configuration with double garages, exquisite finishes, and the option to add a sparkling pool to the generous garden.
With prices starting from R2,995,000 inclusive of both bond and transfer fees, these homes will surely not remain on the market for very long.
