378 West Avenue, Randburg, South Africa

378 West Avenue – Johannesburg Property Type Mini-Estate Location Johannesburg, SA Project Value R4.300.000 Buy/Purchase Options Shares | Fractional Ownership. Private Placement. Available to registered members only. Project Overview This is an existing house standing on a 1,500 square meter plot.  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.   Returns & Structure 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.   Fees & Costs 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)   How to Invest Register as a GrowMyHome Investor. Click here. 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 Address 378 West Avenue, Ferndale, 2194,  SOUTH AFRICA Category Co-Developer  (find more information about that type of investment here) Duration 4-7 Years  (Talk to us about which time frame fits you best!) Management This property is being managed by GrowMyHome. Risk Low   (The property is ring-fenced and secured)  The Neighbourhood 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. Location Benefits 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. Our Impact Job creation Wealth creation Investment in clean energy Other Property Learn Something New About Us Other Investments