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:
Head over to EasyProperties to see current IPOs and auctions.
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:
View the full investment case here:
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.
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).
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.
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.
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.
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