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Renico Construction (Pty) Ltd.
EMAIL NEWSLETTER - Jul 2019
Message from the Managing Director
Dear Friends, Property Investors and Enthusiasts,

It was a busy month at Renico Construction with a number of commercial and residential developments being completed while the first bricks were being laid at several new residential sites across Gauteng. With our current work load we are busy with the construction of at least 9 projects at any given time, this obviously excludes the myriad of projects in the pipeline which require the full attention of my professional team who are tasked to 'ripen' these to the point where we have the green light to commence with construction.

This month already cash strapped consumers are hit with a double digit increase in municipal charges, placing... See More
Featured Residential Developments

At the end of last month we handed over the keys to the new owners of our Kenton development in Bergbron. This is always such an exciting and happy time during the cycle of a development when life is breathed into the brick and mortar in the form of people taking ownership of their homes; some for the very first time!

All the homes within our Walton development were also registered into the names of their respective new owners and I am also expecting the registration of the 8 homes within our Kenley development to take place within the first half of this month.

At the end of this month we will once again be handing over two completed projects. Firstly our 20 home Elsenham project in Boskruin will be handed over to its new owner for whom we are also assisting in securing tenants. Collin van der Westhuizen is once again tasked to attend to the rentals - contact him on 079 327 8332 to book an exclusive viewing of these pet friendly two and three bed homes.
Secondly our Grange Park project in Barbeque Downs will be handed over on the 25th of July. Here we still have a number of one, two and three bed homes available at 2018 prices. You are more than welcome to visit the site on either a Saturday or Sunday afternoon to view our furnished show units.

The first tenants will also be moving into their brand new Hampton apartments this month. Once fully occupied this will bring an end to a two year period in which we completed 551 homes. If calculations are done on 5 day work weeks this equates to a single home being completed every day for a two year period! Definitely a construction feat to be proud of!

Latest residential development to be launched in Bergbron
Our Kenton residential development in Bergbron offers a variety of floor plans to cater for all clients.This will be the only Renico development in Bergbron which will offer one, two and three bedroom homes with ...

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Affordable Housing

With our Preston Residential Estate in Cosmo City now nearing the 100% occupied mark we will once again concentrate on finding the best applicants for not only this complex but also our Brentwood security complex which offers similar accommodation within the area. We aim to secure the best possible applicants for these residential estates, thus creating a safe and harmonious environment for all residents.

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

At the end of last month more than half of the sectional title office suites within our Eagle Canyon Office Park were registered into the names of their new owners. A number of sales have also been concluded since the development was completed and I hope to have the last remaining suites sold and transferred by the end of 2019. If you would like to book an exclusive viewing of these premium grade offices suites contact Etienne Mynhardt on 082 578 1994.

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
Real estate market optimistic despite negative economic growth.
A 3.2 percent decline registered for the first three months of the year, as announced by Statistics SA last week, is the largest quarterly drop in a decade. Such shrinkage is double what was anticipated by commentators who are now suggesting that the SA Reserve Bank and the National Treasury will need to readjust their 2019 GDP growth expectations from some 1.3% to somewhere around 0.5%.

The Stats SA announcement followed a day after the International Monetary Fund indicated that growth...
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Launching Shortly

During this month we will be launching The Linden, our new residential development situated on 7th Avenue, Linden, offering 51 sectional title units. All homes within the development will offer two bedrooms with two bathrooms, luxury finishes and a number of energy saving features. Linden is fast becoming Johannesburg's next trendy suburb. Streets are dotted with art and coffee shops, restaurants and boutiques. The area has a number of prestigious schools and the heart of Sandton is a short 11km drive away.

Latest Listings
R890,000
2 Bedroom Apartment For Sale in Barbeque Downs
Brand new upstairs apartment with stunning views across Kyalami. All units within the Grange Park security complex will be ready ...

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R59.9 per m²
363m² Warehouse To Let in Lanseria Corporate Estate
Modern premises within the Lanseria Corporate Park situated on the R512, neighbouring the Lanseria International Airport. The unit 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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