Invest in the heart of Rosebank
Rosebank is an established suburb with plenty to offer investors keen to become part of the dynamic landscape
From a citywide shopping destination to a thriving nightlife with trendy eateries, Rosebank has attracted a growing population that has positively driven up the market value and the appeal of this leafy suburb.
Rosebank’s central location, lifestyle, convenience, access to transport and affordability are driving factors influencing how
South Africans rent Rosebank’s trendy development. The Bolton, illustrates how all these factors come together, answering the demand in the market and generating a consistent flow of wealth monthly for property investors.
New apartments in this growing location are in high demand. Sixty-one percent of apartment properties in Rosebank are rented which emphasises the rental demand for an aspirational location. The average price for buyers looking for an affordable entry is from R700,000 to R1.5m.
The Bolton is the first development within Gauteng to transition from a rental model to a fully owned sectional title opportunity, with studio, one- and two-bedroom apartments starting from
R749,000. Now 100% tenanted and offering investors an immediate opportunity for rental collections once transfer has taken place is what makes this offering a nobrainer property investment.
The Bolton is in a traditional Johannesburg suburb that has grown with the major social and economic developments of the city. There has been a capital injection of R7bn in Rosebank to improve the infrastructure, transport, recreational and residential opportunities.
From 2011 to 2021, Rosebank has seen a 69% increase in its population and an average 6% year on year capital appreciation on sectional title offerings. Since the pandemic lockdowns of the past two years, it has beens recorded that Rosebank achieved a 9% higher ratio of good standing renters (those who paid timeously), compared to the national average figure, as well as a 10% higher ratio than Gauteng holistically. These aspects make this location favourable for investors.
Together with the Emira
Property Fund, award-winning developer Feenstra Group has taken two previous office buildings and developed them into residential apartments, both with a range of amenities that young professionals are looking for.
This is an opportunity to purchase directly from the developer with no bond and transfer fees or duties incurred. It is expected to be an ideal investment with quick returns and steady growth prospects and with only a R10,000 deposit required.
“When we approach a new development, we look at how it will integrate with the city, providing convenient pathways to all the main attractions, the malls, the offices, the transport hubs and how each tenant can build a long-term home being connected to this growing network,” says Feenstra Group development director Johann du Plessis.
“We’ve introduced three meeting rooms and co-work spaces in the main reception area which will fundamentally serve the work-from-home culture
South Africans are moving towards. Wi-Fi throughout the two buildings and a backup generator are part of the essentials we’ve put in place.”
In addition to the co-workspace initiatives, The Bolton presents an in-house cinema that is used for private screenings and work events. It’s no doubt that The Bolton has been built for young professionals who have just begun to forge their connection with the city.
With sales now open and exclusively managed by the team at IGrow Wealth Investments, this is your opportunity to invest within The Bolton as it achieves an industry first in transforming a rental-only model into a sectional title ownership opportunity.