LISTING CAPE TOWN business , and demand high quality rentals . While there is generally adequate stock at the high end of the market , she says there is a shortage of mid-market stock in the R20,000 to R30,000 per month range on the back of high demand .
WIDENS APPEAL : SANDTON
Sandhurst - R195,000 / month for this spectacular Sandhurst estate
The greater Sandton and Johannesburg North areas are prime rental markets for luxury rentals driven by local demand as well as international ( including from other Africa countries ), according to Rochelle Holland , rentals manager for Seeff Sandton .
She also notes that there has been a huge increase in demand across the Sandton and Joburg North area this year , especially in golf estates in the Fourways area and in suburbs close to the Sandton CBD . These include Morningside in the R25,000 to R35,000 per month range as well as Hyde Park and Sandhurst , generally in the R70,000- plus per month range .
Numerous corporate relocation agencies have also reached out to Seeff ’ s agents in the Sandton and Fourways areas , specifically looking for properties within security estates , in the R30,000 to R65,000 per month rental price bracket .
SA Real Estate Investor Magazine SEPTEMBER 2022 115