EasyEquities Blog

Debunking Common Myths About Township Property

Written by Carly Esterhuizen | Nov 19, 2024 11:16:53 AM

Tim Akinnusi, CEO of Mortgage Market, the developers behind Orlando Towers Estates, shares how township property markets are not only offering financial and social impact opportunities but also debunking common myths about rental yields and tenant reliability.

The South African township property market is evolving at an unprecedented pace, offering unique and lucrative opportunities for investors. While affordable housing has long been associated with meeting basic shelter needs, it’s now emerging as a powerful asset class with high growth potential. Township properties, particularly in the affordable housing sector, are becoming a key avenue for diversifying investment portfolios. This is your chance to tap into an area that’s not just about profit - it’s about creating lasting social change.

Orlando Towers Estates: The Future of Property Investment in Soweto

One of the brightest stars in this expanding market is Orlando Towers Estates in Soweto. This development stands as a model for how township property can deliver both substantial social impact and impressive financial returns. Strategically located near landmarks like the iconic Orlando Towers, the University of Johannesburg, and the renowned Chris Hani Baragwanath Hospital, Orlando Towers Estates is perfectly positioned for both residential and commercial growth.

Adding to its allure are the nearby economic hubs of Bara Mall and Maponya Mall, ensuring that residents have access to essential services and a vibrant shopping and entertainment experience. With these factors combined, Orlando Towers Estates is not just a home; it’s a premium investment opportunity with a high potential for property value appreciation.

Township Investments: More Than Just Financial Returns

Investing in township property offers something beyond financial gain: a chance to create meaningful, positive change within communities. The developers behind Orlando Towers Estates have embraced a vision that prioritises social impact. By involving local subcontractors, artisans, and construction workers, the project has directly contributed to job creation, skills development, and the retention of economic benefits within the community.

For investors, this approach aligns a potentially profitable venture with meaningful community impact. This is not just about building wealth - it's about uplifting communities and playing a pivotal role in the transformation of South African townships.

Debunking Common Myths About Township Property Investments

Despite its potential, many still hold misconceptions about investing in township properties. Let’s clear up two of the most common myths:

  1. Low Rental Yield Potential
    There’s a belief that township properties don't offer profitable rental yields. However, Orlando Towers Estates shatters this myth, with rental yields ranging from 7%–8%. These figures are competitive with, if not higher than, those seen in more traditional property markets.
  2. Unreliable Tenants
    Another misconception is that tenants in township developments may not pay rent reliably. In reality, the target tenants for developments like Orlando Towers Estates are upwardly mobile millennials and professionals - individuals with stable incomes who prioritize quality housing near their workplaces and key amenities.

Investing in Orlando Towers Estates: Easy and Accessible

Investing in township property has never been easier or more accessible. With as little as R50, you can own a share of Orlando Towers Estates and start participating in the exciting growth of Soweto’s real estate market.

The numbers don’t lie:

  • 9.8% Internal Rate of Return (IRR)
  • 7.8% Net Rental Yield

Whether you’re looking to make a small, strategic investment or take a bigger leap, Orlando Towers Estates offers an opportunity for you to build wealth and create meaningful change in the community. Investing via EasyProperties means this opportunity is within your reach.