Real Estate Investor Magazine South Africa Dec/January 2020 | Page 45

COMMERCIAL 46 Coworking Spaces 48 A trend that has hit South African shores with full “working” force. We provide some tricks and tips to earn passive income from your investment. 50 Newlands Cricket Ground A world of opportunity opens up for Newlands Cricket Ground as a joint venture looms to transform the NCG into a mixed-use precinct to unlock potential both socially and financially. NCG1322-1 - REImag Advert_Convert.indd 1 Airbnb hosting One of the latest developments of the 21st century. A platform where you can use your property to generate a (mostly) passive income – if it’s done right. REI investigates the advantages and disadvantages of this venture. 11/25/2019 9:08:14 AM TOP TRENDING FOR COMMERICAL ONLINE Visit www.reimag.co.za for the latest updates online. Sowing the seeds of Mixed-use precinct inclusivity in our inner cities approved by City of Cape Across South Africa, our inner cities Town are experiencing a rebirth that is challenging old preconceptions. Harbour Arch is set to be built on a 5.8-hectare site, with 198 000m2 of usable space and six individual towers. Industry experts on stable interest rates The Monetary Policy Committee (MPC) recently announced that the prime lending rate will remain at 10% and the repo rate at 6.5%. SA Real Estate Investor Magazine DECEMBER/JANUARY 2020 43