Even though the COVID-19 pandemic has had an impact on the property market across South Africa, there are still significant investment opportunities to be had, especially in the residential sector.

Despite less than 300km separating the Eastern Cape cities of East London from Gqeberha (formally Port Elizabeth), the contrast in the residential rental property market could not be more significant.

What was once three apartment blocks managed through a family-owned trust in downtown Bloemfontein, is planned to become innovative shared accommodation catering for up to 300 residents to help meet the increasing demand for cost-effective, secure, and multi-purpose living in one of South Africa’s rapidly growing student towns.

Over the past three years, the KwaZulu Natal (KZN) property market has enjoyed unparalleled growth, outperforming other provinces as an investment destination. And yet, it is still considered one of the best kept secrets in the country!

During the COVID-19 pandemic, property stocks in general took a significant hit, where retail and commercial office space – and even some industrial property holdings – were affected. In contrast, lower-income affordable housing – and inner-city housing in particular – has performed better than most other property markets in South Africa over the same period.

Tuesday, 01 September 2020 18:26

Realising the potential of embattled Cape York

Previously owned by the Bank of Mozambique and abandoned, Cape York had been hijacked and fraudulently sold, with several “owners” allowing it to become severely overcrowded and collecting rent illegally.

Thursday, 13 August 2020 19:14

Irene Court: From eyesore to urban asset

Despite its potential, Irene Court was a run-down apartment building in the central business district of Bloemfontein.

A project funded by TUHF, @Fourteenth is a bright new residential complex that offers affordable accommodation within the Boksburg CBD.

Wednesday, 08 February 2017 17:36

Women Property Network 2017 Leadership Conference

Women’s Property Network (WPN) will host their third annual Leadership Conference on the 10th February.

Block by block and street by street, Port Elizabeth’s historic Central is steadily being reclaimed and regenerated as a vibrant hub of live-work-and-play activity, housing students, young professionals, creative and professional businesses and tertiary education institutions as well as popular tourist attractions.

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