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

Dear Friends, Property Investors and Enthusiasts,

The month of April, with its many public holidays, long weekends and school holidays, is usually known for its relaxed feel; this year that was most definitely not the case! With the sacking of our Finance Minister and SA’s swift relegation to investor junk status we have already experienced a lull in the property market. The fairly large increase in fuel prices announced for April – and another that will take pace this evening for May – will both lead to an increase in transport and food prices, which in turn will lead to a rise in inflation.  Merely a month ago there where talks of possible rate... See More

Featured Residential Developments

Our Villa Fiorentina residential development in Linden was completed during April and the first tenants took occupation of their brand new homes during the last weekend of the month. However, there are still a number of rental units available within the complex. If you would like to secure a viewing of these stunning units, contact the appointed rental property broker, Carina van der Linde of Linprop on 082 603 8694.

Construction of our Twickenham development in Victory Park will commence once all approvals are in place. All civil works, the boundary wall and entrance have already been completed and we plan to start with the construction of the apartments towards the end of this month. All purchasers will be notified of the new occupation date once construction is under way.

There is a buzz of activity at our Kingswood residential site in Randpark Ridge, another development being built for the rental market. The site is well on track to be completed and ready for occupation on the advertised date of 1 September 2017. 

New residential development in Linden
Construction of the Villa Fiorentina residential development in Linden has progressed rapidly. The 33 unit development was designed and will be built to the owners specifications. All units within the complex will be let to ...

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Affordable Housing

Rentals have picked up at our Ascot residential development in Crystal Park, Benoni and we hope to have the security complex fully let within the coming months.

As our Brentwood residential complex in Cosmo City nears completion we have noted a definite increase in enquiries relating to the letting of the apartments. It appears as if there is a high demand for quality housing within Cosmo City and we are positive that all 176 apartments will be let within 2-3 months. 

New apartment block in Cosmo City
This will be one of the most exciting residential developments seen in Cosmo City. The Brentwood security complex will boast 176 North facing apartments. The fully tiled units will offer 2 bedrooms, bathroom, lounge with open plan kitchen and single carport. The complex is situated on South African Drive with ...

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Featured Commercial and Industrial Developments

Construction of the Flosolve building within the Kliprivier Business Park as well as the Green Bean premises within the Cosmo City Industrial Park is well under way and both will most definitely be ready for occupation on the stipulated dates. 

Our Civils department is still hard at work on Stand 113 Kya Sands, with the construction teams rearing to move onto site as soon all civils are completed. This free standing warehouse spanning over 21 500m² will be one of the largest single buildings we have constructed to date.

Industrial Developments
New warehouse in Kya Sand
New premises being developed on Malibongwe Drive, Randburg. The warehouse will be ideally suited as a distribution centre due to it being in close proximity to the N1 and N14 highways. The extra high eaves ensures maximum vertical storage space. The entire building will also be fitted with a centralized ...

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Latest News
The next growth areas in Joburg to invest in property.

Traffic jams are a daily challenge for many residents of Johannesburg and Cape Town and the desire to avoid them is informing many current property purchasing decisions in these two metros.

So says Gerhard Kotzé, MD of the RealNet estate agency group, who explains: “We can clearly see three different preferences emerging among different groups of homebuyers.

“The first of these is the growing demand among young buyers for apartments and townhouses in...

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Launching Shortly!

Our next residential developments in Wilgeheuwel, Sardinha Park and Kilburn Park, will be launched during this month. Once again all clients who have registered their details onto our mailing list will be the first to be notified of this exciting launch.

Latest Listings
R2,090,000
3 Bedroom Cluster For Sale in Ruimsig
Back onto the market and priced to sell! This brand new full title home within the Brandi Ann security estate ...

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R50 per m²
957m² Warehouse To Let in Rand Leases
Free standing factory/ warehouse within the very popular Industrial Estate situated on Main Reef Road, Roodepoort. The property offers a ...

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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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