Developments

Legal Chambers: Tailored office space in Cape Town

Tailored for Legal Professionals: New Cape Town Collective serviced offices offer ideal workspace in the CBD Cape Town, 2 July 2024 – Though legal professionals still require physical office space for work, meetings and client hosting purposes, much has changed in terms of how and when these offices are utilised. With the pandemic accelerating remote and hybrid work, attorneys, advocates and other...

City supporting work of micro developers

The City of Cape Town’s Council recently adopted the creation of a Development Charges Fund to support micro-developers building affordable housing in lower income communities. The fund will subsidise development charges for small-scale rental unit developments to stimulate the affordable housing market and attract investment. “The creation of a Development Charges Fund will unlock new...

Cape Town’s next property millionaires could come from here

Ordinary South Africans-turned-micro-developers in the townships have been hailed as the property heroes of the city, with their ability to curb an impending affordable housing crisis. The micro-developers began in earnest about 20 years ago to respond to the scarcity of affordable housing by providing low-cost rental stock by either building onto their homes or demolishing their homes and building...

6 steps to become a micro developer

South Africa is experiencing a housing crisis and experts are predicting that the population will grow by 75 000 people a year over the next 20 years. Which leads to the question: where will all the people live? Unfortunately, it is unlikely that the national government and the private sector will be able to meet the demand, based on future projections. But in Cape Town, things are a bit different...

Balwin Properties’ top developments of the week

Thaba Eco Village is situated in the heart of Johannesburg South, and combines nature and urban convenience. Located n Kliprivier Drive, Rietvlei, in Johannesburg South, it’s in a prime area that offers easy access to all the conveniences of city living. The  development is nestled in a vibrant neighbourhood that blends the buzz of the city with natural tranquillity. Thaba Eco Village’s Lifestyle...

Revo Property launches Nova development

“Our housing market, in quarter one of 2024, is being steered by two distinct influences – that of lifestyle changes and broader buyer demographics. Cape Town’s southern suburbs, in particular, have experienced a surge in demand, resulting in reduced time properties spend on the market,” comments Germanis. He adds that the reason for this shift is due to the predicted mid-year reduction in...

Bahari Bay eco-estate development on KZN South Coast

As the subtropical climate, natural beauty, and affordable property prices continue to attract investors to the KZN South Coast, estate developments are being constructed to provide secure, holistic living options. In addition to his own involvement in the Bahari Bay development, Bridglall, who is the founder of VHB Associates, is designing a home for himself in an area known as The Executive....

Centurion’s Westend Office Park raises the bar

One of the key highlights of Building E is its location within walking distance from the Centurion Gautrain Station. This accessibility is crucial for businesses looking to attract talent from across the region and beyond. Additionally, its direct exposure to the N14 freeway and the passing Gautrain ensures unparalleled visibility, making it a prime spot for businesses aiming to make a statement. ELEVATED...

New Boston Centre transforms Bellville CBD

With the aim of contributing to the upgrading of the Bellville CBD, Brönn Properties, embarked on an ambitious project to refurbish the New Boston Centre, a property with significant potential located at 85 Voortrekker Street, Bellville in Cape Town. This was under the experienced guidance of Alewyn and Gerdus Brönn. The venture, which kicked off several years ago, was made possible with financing...

Airport zone industrial real estate soars in value

“Properties in Airport Industria rarely come to market because there aren’t that many to start with, and owners rarely want to part with them because there’s little chance of finding other warehouse space around Cape Town International Airport if they sell,” Dart explains. “Globally, commercial real estate (CRE) in airport zones has become a golden opportunity for investors seeking optimal...

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