Property investment will grow your wealth. Finding the right investment property for sale to suit your financial needs is important. Investment property for sale in Gauteng, specifically investment property for sale in Pretoria, or Randburg, offers incredible return on investment potential. Investment property for sale with tenants already in place or vetted and placed for you is an option IGrow provides to keen investors and we’ll explore why investing in such property is so worthwhile.
Investors need to investigate property types and their locations very carefully and this is what IGrow has specialized in for the past two decades. This post will help you make the right decisions for the property investment road ahead!
What should I take into account when choosing a property type?
The property type you choose greatly influences how well your investment will do. There are various types of properties to choose from. Let’s take a look at them, below.
Apartments are appealing to young professionals and small families and are popular in city areas where they are close to schools, hospitals, workplaces, and other amenities. Maintenance costs for an apartment are lower and they often offer the comfort of security services.
Long-term rental output from apartments can be lucrative for investors, even though this property type offers a more affordable purchase price than is associated with a house. It’s a win-win!
Townhouses suit families looking for extra space and possibly a garden for pets and children, while still being less expensive to purchase and maintain than freestanding houses. Townhouses situated in secure complexes are highly desirable to tenants and are attractive when found in suburban areas.
Houses suit families who want big open spaces. They are more expensive but yield high rental income. Houses are also excellent long-term investment options.
Houses in security complexes where safety is taken care of and general maintenance is covered by the complex team are hot properties for investors!
The benefits of investing in a property in a security complex or estate
Manned security complexes have security guards who monitor entrances and exits, keeping residents safe. There are safety features like access monitoring through keyless tags, fingerprint access, and CCTV to boost safety for all residents.
These estates come with various amenities specific and unique to each development. These can include: gyms, yoga studios, jogging and cycling trails, clubhouses, kids’ play areas, tranquil natural settings, farm life, and even dams, adding to a wonderful lifestyle for tenants.
Keep reading to view the property options IGrow has available in security complexes, offering many benefits for investors and tenants.
It’s all about location!
Claude McKirby, Co-Principal at Lew Geffen Sotheby’s International Realty states, “It’s important to focus on areas with high demand, good schools, and proximity to amenities.” Safe homes in secure neighbourhoods and townhouses in gated estates are particularly appealing to tenants.
Tsholofelo Mokoma from RE/MAX Horizon notices, “There are multiple factors to consider. Are you in an area where there are thriving businesses? Are there job opportunities? Is the market active? What future developments are anticipated? On the other hand, what is the infrastructure like? How are the roads?”
At IGrow, we agree that location is one of the cornerstones of property investment, alongside future business opportunities and infrastructure growth in the area you are looking at investing in. We do thorough due diligence before investing in a development, to ensure above-average returns on capital invested and long-term rental income growth potential.
When choosing your property investment location, factor in the benefits of nearby schools, public transportation, and shopping malls, as they boost tenant interest. Cities that are growing are desirable and it’s important to observe economic activity in the area.
By checking if the property you want to purchase is surrounding business hubs and public transport, your investment retains its value and appreciates with time. It will also be easy to keep happy tenants placed throughout your investment term.
IGrow Wealth Investment’s specialized consultants will help you choose the best property for your financial needs. The IGrow trust company can also place your property assets in a trust to safeguard them from risks from creditors and legal mitigation. This ensures your property and rental income remain safe for the future!
IGrow recommends investing in buy-to-let properties, that offer a sound passive income to investors. We’ll walk you through some security complexes we feature, that offer excellent buy-to-let properties, from apartments to houses- all found in security complexes or estates.
Investment property for sale in Gauteng offering excellent investment potential
Gauteng is an economic hub offering a wide array of jobs to professionals, and with the Gautrain and services like Uber and Bolt widely used, it has a great public transport infrastructure. Investing in buy-to-let property in Gauteng is an excellent idea! Several areas in this region can be singled out as prime investment locations.
Randburg is a popular location for property investors. IGrow features Tradewinds in Randburg as a highly desirable investment property for sale, with easy access to public transport, shopping malls, and excellent medical care facilities.
Take a look at these amazing benefits for investors.
Investment property for sale in Pretoria, offering excellent buy-to-let investment potential
Pretoria is known as a prime rental hotspot with Parliament found there, and top universities in Pretoria and Johannesburg, available for students (UP and WITS). This is a major drawcard for tenants. Pretoria offers excellent private and public schools too.
IGrow offers investors prime property for sale in Circa Lynwood development in Lynwood, Pretoria. See the incredible investment benefits of this property development in our Circa Lynwood property brochure
The major financial perks for investors are complimented by the excellent features of the development for tenants, check them out below:
Other Circa Lynwood development features include:
The apartments, themselves, are well-kitted out for tenants. They are fibre-ready, and tiled throughout, the kitchens have granite countertops, a plumbing point for either a dishwasher or washing machine, the oven, hob & extractor fan are included, BIC, a pre-paid electricity meter and an individual water meter are available. This sounds like an investor’s and tenant’s dream!
This development is 90% sold out already, so get in touch today for a free investment consultation to secure your apartment purchase with IGrow in partnership with Circa Lynwood
Investment property for sale with tenants
An investment property for sale with tenants is a major perk for an investor who wants to generate an immediate rental income. The property is bought with tenants already placed there, so your rental income is ready, as soon as the property has been transferred into your name.
IGrow Wealth Investments’ properties with tenants are hand-selected by our excellent rental agents and provide a stable rental income with steady long-term growth viability. Buying a tenanted property makes securing financing easier! Financial lenders see properties that have a tenant rental history as low-risk investments.
IGrow’s experienced rental management team can help with tenant management, reducing any hassles you would have to face if you did your own management. By purchasing an investment property for sale that is tenanted, you’re not buying into a real estate dream that’s still taking shape, but a steady income stream that’s already in place. IGrow Rentals has a proven track record of securing quality vetted tenants and organizing routine property maintenance and insurance for your investment’s smooth sailing and better returns.
Final thoughts
IGrow’s team assists everyday South Africans in gaining financial freedom through our expert property investment guidance. With our tailor-made investment strategies in place, you can maximize your investments over time, hassle-free.
Whether you’re seeking an investment property for sale in Gauteng or in Pretoria, or an investment property for sale with tenants, the IGrow Wealth Investments team will lend a valuable helping hand on your property investment journey.
“The best investment on earth is earth… and if you know how to leverage real estate correctly you will become rich beyond your wildest dreams!” – Jacques Fouché, IGrow CEO & Founder
