Only a few minutes’ drive from OR Tambo International Airport lies the green and leafy suburb of Benoni – originally a mining town which evolved into a service-driven hub for the East Rand. The greater Benoni area is able to offer those with a love for outdoor activities beautiful lakeside walks and picnics, while those who prefer the bright lights of the city will enjoy entertainment facilities such as Carnival City or Emperor’s Palace Casino.
O.R. Tambo International Airport is one of the 100 busiest airports in the world and the largest airport in Africa. It handles over 50% of all airline travellers to South Africa and accommodates 20 million passengers a year with its current facilities.
By 2025, it is envisioned that O.R. Tambo International Airport will handle over half a million tons of cargo traffic per year. The Ekurhuleni Aerotropolis will stimulate the region by generating an environment conducive to growing existing development and investment, as well as creating numerous new investment opportunities for a wide range of investors, not least of all in the property market.
Gross rental yields on sectional title properties show an average of 11% since the fourth quarter of 2018 which is mainly due to a large influx of income earners. In fact, 42% of these are shown to be in the middle to higher income earner bracket.