Real Estate Investor Magazine South Africa Real Estate Investor Magazine - November 2017 | Page 29

ining already developed spaces, rather developing an empty plot from scratch.  Because mixed-use precincts make for more attractive living spaces, they also make for good property investments, as residen- tial developments such as those within Melrose Arch have re- vealed. The addition of One on Whitley to Melrose Arch, shows the South African investor’s appetite for this kind of live, work, play development. There is a case to be made for more mixed-use developments like this as part of a sustainable urban development strategy. An enabling policy environment like this means that there are opportunities for investors to get into the market early, before de- mand drives up prices. The top end of the market is an obvious bet. But a growing number of residential developments aimed at the middle and lower end of the market seem to also be adopting the mixed-use approach. They, too, hold enormous investment potential that responds to the crisis facing our cities. SOUT H AFRIC AN www.reimag.co.za co.za eimag. www.r SOUT H AFRIC AN SO UT H AF RI CA N www.reimag.co.za © © H SO UT N AF RI CA www.r eimag. © co.za © YOUR FI FREEDO NANCIAL RISK VS RETURN OLIO Getting a foo M GUIDE property thold Property WORL YOUR Hotspot D s PORTF Abound ladder on the COMMERCIAL TRENDS Multiple Opportunities SM Cape Town CBD Spike AR REAL ESTATE TECHN Ma T PR New Disruptors in the OLOGY ke more mo OPERTY M t Game AR ney in Trans the Investmen Game 2017 KETE form OFFSHO Master PROPE RS Your Wealth RE RTY PRACTITIONE UK R’S & US BILL e Midas Touch MIK W E ARREN with th VESTOR Gifted EAT IN E A GR n IN PROPERTY BECO st M Practices to Wi YOUTH Claiming ATUS their Space 6 Be JUNK rty? ST MY OF ECONO SA’S ING CT TICE IMPA spects for Prope GROW Cities ST of PR ho Two AC Pro L BE A Tale es re ATION n’s For ATIONA pe Tow PROPERTY TECH INNOV INTERN p Properties ining Ca Showcasing SA’s Townshi Reimag R: CHNOLOGY perty Rights TO UP DISR HAIN TE JUNE d Tit 2017 les and Pro KC Lan OC to BL ater Access ER WINN 1 0 9 AWAR 0 6 ALISM SAPOA Gre . VAT) 00 (Incl 7 MAY 201 R80. 0 0 9 655001 9 771995 05 001 655 995 9 771 JOURN Property Year of the Publication & 2015 2013 ROBER HE T WEALT H PROT 7 Habit ECTION s of FL BU A FF X ETT KIYOSA MA KI S R H MAN WINNER SAPOA JOURNALISM R80.00 (Incl. VAT) DS Major Changes Afoot JULY 2017 2017 Investor Friendly Marke ts WINNER SAPOA JOURNALISM AWARDS 06091 AWARDS Property Publication of the Year 2013 & 2015 AUGUST R80.00 (Incl. VAT) Property 9 771995 655001 Publication of the Year 9 771 995 2013 & 2015 655 001 R80.00 08 (Incl. VAT) 09 3 SAPOA Effectiv Highly e Truste es Fixing up WINN JOURN ER ALISM AWAR DS Prope Publication rty of 2013 & the Year 2015 ABA Jozi The major challenge is finding the space within the confines of the urban fringe to re-develop an existing area. To its credit, the government seems to have recognised the need Provinces and metropolitan municipalities around the country have adopted densification as core to their urban development strategy. Johannesburg and Cape Town have gone further by encouraging the development of mixed-use precincts around major transport nodes and along major transport corridors. This suggests a deliber- ate and encouraging attempt by the state to slow and possibly halt urban sprawl, and create living spaces where residents can be happy, healthy and productive. Take your business or development to the next level Advertise in a leading property magazine. Contact Roy at: [email protected] +27 21 761 3848