Dozen chances to get in on the Maboneng buzz
‘It’s undergoing a huge revival, with billions of rands ploughed in’
● Property fund investors, developers and those seeking chic urban living should note down April 3 in their diaries — that’s when Park Village Auctions (PVA) will bring to market multiple mixed-use properties in Maboneng, Johannesburg.
PVA’s Jaco du Toit says a “propportunity” to invest in a rapidly growing multicultural residential and commercial node such as this is not to be missed.
He says the auction represents a lucrative opportunity for investors to snatch up highly sought-after real estate amid rising demand.
“Maboneng is undergoing a massive revival with billions of rands being ploughed into the precinct — and the results so far have placed investor confidence at an all-time high,” says Du Toit. “Forbes listed Maboneng as one of the ‘coolest neighbourhoods in the world’ in 2018 and it is not hard to see why.
“The area’s mix of restaurants, coffee shops, clothing boutiques, art galleries and retail and studio space has done well to boost tourism.
“With this, the precinct’s central location has hordes of young professionals seeking residences where they can remain close to work and close to the action.”
More than a dozen residential, commercial and retail buildings throughout the precinct will go under PVA’s hammer at the Wanderers Club in Illovo, Johannesburg, from noon. PVA encourages potential investors to book viewing appointments early as slots are sure to fill up fast.
Viewing can be arranged by contacting Du Toit on 082-798-9476.