Property Type
Mini estate
Location
Johannesburg, SA
Deal value
R4.300.000
Shares available
YES.
Private Placements. Available to registered members only.
This is an existing house standing on a 1,500 square meter plot.Â
The existing 6-bedroom property will be rezoned and redeveloped into a 7-unit mini complex (4 duplexes, 3 bungalows).
Rental income continues during rezoning
Units sold to buyers between Years 5–7
Profits shared pro rata at exit
Worst Case: If rezoning is not approved by Year 4, the property is sold as a rental complex with returns from income and capital growth.
Earn annual rental income (withdraw yearly or accrue to exit).
Capital gains from property sales are shared with investors.
Outperformance bonus: 50/50 split of returns above 12% p.a.
Investors own shares in a ring-fenced company, securing their interest.
Property Management: 12% of rental income
Sales Agent Fee: 6% on exit
Admin Fee: 1% upfront
Annual Management Fee: 2% + VAT
Standard operational costs (utilities, security, maintenance, taxes)
Register as a GrowMyHome Investor.
Start with a minimum of R 1,000.
Receive your unique investor code.
Invest more anytime in R 1,000 increments.
Secure your share in a growing real estate asset.
📧 info@growmyhome.africa 
378 West Avenue, Ferndale, 2194, SOUTH AFRICA
4-7 Years (Talk to us about which time frame fits you best!)
This property is being managed by GrowMyHome.
Low  (The property is ring-fenced and secured)Â
378 West is located in the Randburg area of Johannesburg, a vibrant and cosmopolitan suburb known for its blend of commercial and residential properties. The area is characterized by modern developments, including mixed-use buildings that combine office spaces, retail outlets, and residential homes.
Randburg is a sought-after location due to its dynamic atmosphere and proximity to various amenities, making it an attractive area for real estate investment.
Prime residential area in Ferndale, South Africa.
Strong rental demand and potential for property appreciation.
Mid-market focus with stylish finishes and sectional title ownership.
Job creation
Wealth creation
Investment in clean energy
