A property comprising a café, plant nursery and flat and situated in busy Koeberg Road in Rugby, in the burgeoning Milnerton area of Cape Town, is soon to be auctioned by Pam Golding Commercial Properties.
"It all depends"....
AUCTION Alliance will conduct one of the country's largest property portfolio auctions next month, with a R200m multiple commercial property sale.
The strong growth in property values has been a mixed blessing for SA's listed property sector, which is struggling to purchase fixed properties, as there seem to be so few sellers.
On the back of a strong run over the past three years, the listed property sector is expected to produce a total return of 16% over the next year - made up of 10% growth in distributions and 6% growth in capital.
South Africa's listed property sector is expected to produce a total return of 16% over the next year, according to Metropolitan Asset Managers.
...and is ready for 2006
There is still very much a place for listed property in the form of property loan stocks and property unit trusts in one's portfolio - particularly if one is looking for increased income.
Investors in property have had another wonderful year on the listed sector, with a total return of about 33%
Three prime properties on auction 7 December

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