Residential Property News South Africa

Just Invest continues growth spurt

Residential property development company Just Invest has recorded sales of R173 million in its first 14 months. Furthermore, once the 98 sales in progress are concluded, the company will have sold 350 properties.
Just Invest continues growth spurt

"We are continuing to beat our targets," said Johan du Plessis, managing director of Just Invest, a member of the Just Property Group.

"We attribute this to the fact that we offer value for money investment stock in the range of R300,000 to R700,000. Due to our bulk buying power we are able to arrange attractive discounts for clients. We appreciate that our clients are looking for low-risk residential properties that yield a higher than average rental return with as small a monthly shortfall as possible."

Harnessing investment opportunities

Many leads come from Just Invest's select network of virtual offices or strategic partners situated in key locations nationally which have a combined database of five million potential investors.

"The relationships that we have built up with property developers, liquidators, banks and other financial institutions across the country ensure that we are given access to interesting investment opportunities on a regular basis," Du Plessis said.

"There is a high demand for investment opportunities in major metropolitan areas such as Pretoria, Soweto, Witbank, Sandton, Midrand and the Burgundy estate in Cape Town," Du Plessis said. "We are also very excited about Lephalale (formerly Ellisras) and Potchefstroom where we have 300 units on offer."

"Lephalale is considered one of the fastest growing development nodes in the country, with a growth rate of 50% last year and the potential to become a national mining and power generation hub. Already it has the largest open-cast coal mine and dry-cooled power station in the world and the massive new Medupi power station is nearing completion, along with several other mining operations currently under construction or in expansion phase."

"As the population of Lephalale escalates in line with its economic growth, it is becoming an increasingly attractive property investment prospect which we believe will offer excellent medium- to long-term returns on investment," says Du Plessis.

Consistent rental income

"Potchefstroom has always provided good rental returns but this should improve further with the completion of North West University's state-of-the-art new engineering complex. Although a new residence is being built to support the expansion, the demand for student accommodation continues to be high, making the town an attractive proposition for property investors seeking consistent rental income."

Through its association with Just Letting, also a member of the Just Property Group, Just Invest can offer its investors peace of mind when renting out their new acquisitions via their sought-after RentSecure product which offers beneficial rental guarantees.

The Just Invest team has more than 10 years of development marketing and sales experience aimed at the residential property investor, which has resulted in more than 6000 sales transactions concluded over this period. With headquarters in Cape Town, the company operates throughout South Africa.

For more information, go to www.justinvest.co.za.

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