EasyProperties Property Investment Updates May 2024

In the ever-evolving world of property, staying informed about the progress of your investments is crucial. We've got some updates for our EasyProperties community on a number of different properties, here they are:

More Opportunities, More Often:

• Monthly Auctions: Get ready to bid on a wider selection of properties more often! We have moved from quarterly to monthly auctions, giving you more chances to find your perfect investment.
• Monthly Dividends: Enjoy a more consistent flow of income from your property investments with our new monthly dividend payouts.

Head over to EasyProperties to see current IPOs and auctions.

Property Highlights

Here's a glimpse into the latest developments across some of our featured properties:

Mikro Park: Mikro Industrial Park in Strijdom Park, Johannesburg, presents a compelling investment opportunity within the thriving South African industrial property sector.

Investment Highlights:

• Strong Rental Income: 9.5% net rental yield, secured by long-term leases with quality tenants.
• Potential for Capital Appreciation: Located in a sought-after industrial hub with limited supply and high demand.

View the full investment case here: 

Akaru Bryanston:

Progress: Upward and onward!

All main apartment building foundations are complete—a major milestone! Brickwork and concrete slabs are progressing well, with some buildings already reaching the second floor. Roofing starts in July, and we anticipate full development occupation by March-April 2025.

 Capital Pearls

Status: Transfer in progress

The Capital Pearls transfer has been lodged in the Deeds Office. A reminder to investors: there’s a 3-year rental guarantee from transfer with a 4% escalation. We aim to pay the first dividend in October for the period ending in August (the first full quarter of collections).

 BlackBrick Gardens

Transformation in action!

The BlackBrick Gardens construction team is on-site, carefully dismantling the old structure to pave the way for a vibrant new development. May saw the removal of the roof, marking the first step in this exciting transformation.

One on Anne

Completion: Waiting for transfer

The property is complete, and we’re awaiting the final municipal approvals and an electrical compliance certificate before the transfer is registered. This should be finalised in a few weeks. Investors can look forward to guaranteed net rental returns of 9.5% for 24 months.

Volley Brooklyn

Status: Transfer complete

All Volley Brooklyn units are now officially under EasyProperties as of May 2024. We plan to distribute dividends in October for the period ending in August (the first full quarter of collections). Construction has also started on Volley Baileys, their second student development.

Stay tuned for more updates and exciting opportunities on the EasyProperties platform

 

Have you seen the exciting properties currently listed?

To make investing through EasyProperties even more valuable and exciting, we continue to add more excellent properties onto the platform. We are super excited to show you these amazing properties, and we know you will fall in love with them just as much as we do because of the potential income they will provide.

 

* DISCLAIMER: Ts&Cs apply. EasyProperties (Pty) Ltd is a juristic representative of First World Trader (Pty) Ltd t/a EasyEquities which is an authorised FSP(FSP22588). Past performance cannot be extrapolated into the future and is not an indication of future performance.