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Renico Construction (Pty) Ltd.
Message from the Managing Director
Dear Friends, Property Investors and Enthusiasts,

Now that the dust has settled after the elections the powers to be will hopefully roll up their sleeves and make an effort to address the number of issues that face this beautiful country. I believe President Ramaphosa is the right man for the job no matter how daunting the tasks at hand might be!

As Winter embraces the country with its cold arms we can only hope that the semi-frozen economy will thaw slightly in contrast. Much needed jobs can only be created in an economy showing signs of growth, which would help to bring a bit of stability into the markets.
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Featured Residential Developments

During last month we launched our Kilburn Park development in Wilgeheuwel and I am pleased to report that more than 30% of the homes were sold shortly after being introduced to the market. This once again shows that there will always be a demand for competitively priced homes.

Our 20 home Elsenham development in Boskruin was recently sold to a single investor who will be letting the units to tenants from the 1st of August. We can now offer spacious two and three bedroom homes in this desirable location, some with pet friendly gardens, at rentals ranging from R8 450 pm. Contact Collin on 079 327 8332 for more info on these brand new homes.

Since the completion of the show units at our Grange Park development in Barbeque Downs, Midrand we have experienced a surge in interest, with a number of units being sold every weekend. There are still a number of one, two and three bed homes available within the development and they may be viewed either by appointment or during weekend show days. Contact Lucinda on 072 238 0622 for more info.

At the end of this month we will also be handing over our 156 apartment Hampton development in Bergbron where all units will be let to tenants. IHS Property Management will be attending to all the leases for this development and we wish them the best of luck in securing 100% occupation of the complex as quickly as possible.

Our last residential development in Bergbron Extension 14
The Hampton residential estate will be our 6th and final residential development on the Bergbron Extension 14 Township. The 158 home development will offer a variety of two bed, two bath layouts. Each home will ...

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Affordable Housing

There are now only a limited number of homes still available within the Preston Residential Estate in Cosmo City. I am confident that all homes within the security estate will be let by the end of this month. With the strong demand for quality housing within Cosmo City, units in both our Brentwood and Preston complexes are quickly let as they become available. If you are interested in securing an apartment in either of the two complexes contact Collin on 079 327 8332 to book a viewing.

New residential development in Cosmo City
The Preston residential estate is our second housing project within Cosmo City. The project comprise of 60 two bed apartments which are all being let to tenants from April 2019. Once again emphasis was placed on energy saving features plus excellent access control and a high level of security. Each ...

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Featured Commercial and Industrial Developments

Beneficial occupation was given to all the purchasers of our Eagle Canyon Office Park from the 1st of this month. Owners may now commence with their tenant installations to prepare the office suites for its official occupation date on the 1st of July.  There are only a limited number of office suites still available to purchase, contact Etienne Mynhardt on 082 578 1994 to book your guided tour of this stunning office park.

Commercial Developments
A Grade Office Space in Randburg.
Construction to the Eagle Canyon Office Park development commenced early in 2018 with the date of completion set towards the second quarter of 2019. The modern design is not only aesthetically pleasing but also allows for the maximum amount of natural light to reach the building. The circulation of fresh ...

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Latest News
Sentiment plays a big role in the property market.
Interest rates have a big influence on the residential property market but in SA, sentiment often plays an even bigger role, says Rudi Botha, CEO of BetterBond, the country's leading bond originator.

"This is evident from the huge increase (22%) in the number of offers to purchase signed and home loan applications made in the first two weeks of this month compared to the first two weeks of May last year. The upturn has been especially evident since the successful conclusion of the Elections...
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Launching Shortly

Our planning department is once again hard at work on a number of projects in order to have all approvals in place before they can be launched to prospective clients.

Last month I mentioned our Linden Lifestyle Apartments in Linden, Randburg. This month I can shed some light on our next residential development in Lynnwood, Pretoria. Our Plumbstead development is situated just off Lynnwood Drive and within easy walking distance of the prestigious Menlopark High School. The development will comprise of 34 two bed, two bath apartment style units. More info on these will be released in one of my following newsletters.

Latest Listings
R40 per m²
1,874m² Warehouse To Let in Amalgam
Warehouse/ premises within the Amalgam Industrial Estate situated off Main Reef Road. The unit offers a fully tiled reception area ...

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R8,250 pm
2 Bedroom Simplex To Let in Bergbron
Stunning North facing simplex home with large garden in the popular Forest Gate townhouse complex. The fully tiled home offers ...

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RENICO Construction (Pty) Ltd
Tel 011 794 1177
Fax 011 794 1159
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