Sunday Times

Premium business and private properties on block

Rustenburg sale a rare opportunit­y not to be missed by investors

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● In spite of the various sociopolit­ical and economic issues facing South Africa, there are still pockets of opportunit­y where investors can expect real returns.

With interest rates remaining relatively low, banks are offering competitiv­e rates as well as showing an appetite for lending.

This, together with the fact that inflation is still within the target range, means there are still opportunit­ies in the market to take advantage of high-yielding property assets.

Rustenburg – the capital of the so-called Platinum Belt – grew on the back of skyrocketi­ng platinum prices, causing investors to flock to North West.

Recent times have seen a cooling off of this interest and a reduction in property prices in the region.

There are, however, still excellent opportunit­ies for high-yielding, incomeprod­ucing property assets in Rustenburg.

WH Properties’ upcoming multi-property auction in Rustenburg presents an unmatched opportunit­y.

WH has secured a portfolio of nine income-generating retail, commercial and residentia­l investment opportunit­ies.

Executive Joshua Pelkowitz explains: “Our strategy has been, and always will be, to focus on bringing unique, desirable and sellable stock to the market. We have identified these nine properties as ideal investment opportunit­ies in the North West.”

The retail and commercial properties are situated on well-exposed corners on main roads in the Rustenburg CBD. They are fully let, with tenants comprising a mix of highstreet retail, college and education providers, car dealership­s and government bodies.

In addition to this, there are two beautiful residentia­l properties on offer.

One is a stunning four-bedroom home in Cashan and the other is a renovated twobedroom apartment for a first-time home buyer or the savvy investor looking to start their portfolio.

This multi-property auction presents an opportunit­y not to be missed.

The auction will take place on Thursday at 11am for 12pm at the Rustenburg Boutique Hotel at 243 Joubert Street.

For further informatio­n on the auction please visit www.whproperti­es.co.za or call Peter on 083 226 7960 or Joshua on

072 536 5482.

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