Business Development Provides opportunity for investors

Why rent office space over the long term, when it makes more sense to buy? asks Mike Walters, Divisional Head of Renprop Commercial, a company specialising in both the leasing, sales and development of commercial property. Walters notes that many small to medium sized businesses could be creating wealth in a separate entity by paying off an appreciating asset if they chose to buy their office space instead of rent for a period of more than eight years. 

Prime Bryanston site ready for commercial development

Since its early beginnings in the 1940s, the northern Johannesburg suburb of Bryanston has always been sought after among residential property investors. More than 70 years on and the area has retained its appeal, seen solid increases in its property values, and now appeals to both residential and commercial property investors.  

In more recent years the suburb’s arterial roads, most notably Main Road, William Nicol Drive, Ballyclare and Bryanston Drives, have increasingly seen commercial development take place with a number of office parks now servicing the area.  

Be The Difference

Perhaps, for you, creativity and business are inseparable? It could be the great ideas that keep you up at night, or the way you question conventional wisdom?  If these are the things that set you apart, perhaps it’s time to consider a better business fit?  
  • Partnerships – Renprop and its development arm has successfully marketed many commercial and industrial properties over the past 12 years.
  • Teamwork – Be an Entrepreneur in a focused team.

Making real estate dreams a reality

The Real Estate Dreams Reality

As one of the largest providers of residential property in South Africa, Renprop, which was established in 1983, has been involved in over 49 residential development projects equating to 6 000 sectional title units that have been delivered to the market. 

Pages

Subscribe to RSS - commercial