New Multi Apartment in Randburg, South Africa

Duchesses Avenue, Windsor - Johannesburg - South Africa

Property Type
Multi Family

Location
Johannesburg, SA

Project Value
R 10 m ($ 589,000)

Shares available

YES.

Private Placements. Available to registered members only.

Project Overview

An existing 10-bedroom house on 1,000 square meters of land is to be redeveloped into a multi-floor apartment building. The new building will be a smart building with WiFi, security, and stylish modern finishes

The area

The area is already attracting investment. In the last four years, over thirty apartment buildings have been built up in the area. This strong demand is due to:

Easy access to public transport (minibus taxis & Rea Vaya BRT)
Proximity to the Cresta business hub
An increasing pressure on income, thereby making affordable units more attractive.

Development scenario

Construction Timeline: ~24 months
Sales Approach: Buyers will secure units with deposits over 12 months during construction.
Ownership Model: Rent-to-own basis upon completion.

Returns

Investors benefit from annual property appreciation, plus returns on sales and rental income (rent-to-own option). Historically, we have seen ROI ranging from 12 to 17% and above.

ROI Basis

✔ Sale of selected units to outright buyers

✔ Rent-to-own program income

✔ Rental income from retained units

✔ Participation in future property sale & appreciation gains

Address

Windsor West, 2194, SOUTH AFRICA

The Neighbourhood

The property is located in the Windsor 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 units.

Windsor West is a sought-after location due to its dynamic atmosphere and proximity to various amenities, business hubs, and access to Beyers Naude Drive, a major arterial road in the city, making it an attractive area for real estate investment.