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.
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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
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.Â
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.
Our Impact
This project will create 50Â jobs and positively impact families and the community by providing housing for over 20 families.Â
Interested?
or
send an email to info@growmyhome.africa
Contact us
A real estate development platform, founded in South Africa, with footprints in other African nations.