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It has been common practice for municipalities to sell vacant properties for both commercial and residential development, subject to a title deed condition that the property must be improved within a certain period or the properties would revert back to the municipality.
Taking up most of the city block at the corners of Market, Simmons and Commissioner Streets in the old city of Johannesburg.
Property Point, a Growthpoint Properties initiative, is transforming the South African economy and society by building sustainable small businesses working in the property industry.
There can be no arguing against the fact that the provision of affordable housing is a vital component of the social transformation and empowerment efforts of local and national governments across South Africa.
A deposit is a predetermined sum of money which a tenant is required to pay the landlord before taking occupation of any commercial premises.
Welcome to the age of the chameleon shopping centre. It’s one of the themes in the current retail environment, according to indicators emerging from research covering the assets of top South African property funds.
Situated towards Umdloti on the KwaZulu-Natal North Coast, the new Sibaya precinct has rapidly become entrenched as the region’s property ‘hotspot’ – a monniker it is likely to hold for at least the next 10 to 15 years.
There is a dire shortage of accommodation in Johannesburg for those looking for rentals between R2 000 and R3 000 per month.
Springs Mall is ready to open next month when it will introduce new world-class shopping and entertainment and a magnificent new landmark to the Ekurhuleni city of Springs.