The state-run Passenger Rail Agency of SA plans to invest R500m to deck over the Braamfontein rail-stock yard for mixed-use property developments that will link the Johannesburg inner city with the historical suburb of Fordsburg
Almost 2 000 attractive student accommodation opportunities are set to come onto the market in downtown Joburg - close to the two major universities – in time for the 2012 academic year
By 2000 the last psychological blow fell. One could argue that most businesses that were going to leave inner city Joburg had done so by the mid 1990s.
A new breed of first-time buyers looking for trendy, loft-style living and a more affordable entry into the housing market are turning to Jo’burg’s inner city.
Since the city’s turnaround strategy was adopted in the early 2000s, Rea Vaya BRT (Bus Rapid Transit), properly tarred roads, new taxi ranks and more affordable residential accommodation are some of the positive infrastructural changes being implemented.
While South Africa’s property prices continue to decline with people still feeling the pinch, first-time buyers are snapping up trendy homes in affordable areas.
A prominently situated commercial property in Braamfontein, comprising both office and retail accommodation, will be brought to auction during Auction Alliance’s Commercial Multiple auction to be held on July 26
Rebosis, the first black-managed and black-held property fund, which made its debut on the JSE on Tuesday, is expected to offer investors an initial 8,6% forward yield with forecast growth in distributions of 12% next year.
Two neighbouring Hillbrow properties will be sold on auction on March 22.
Aucor’s next multi-property commercial auction will feature an array of properties suitable for the investor or for owners wishing to expand their portfolio, and with some exceptional development opportunities
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