alternate or back-up power supply is a must .
Security , however , is not the only benefit – in a sectional title complex , where the owner pays a levy , the body corporate and managing agent take responsibility for external building insurance , external maintenance and the gardens , while the conduct rules allow for a harmonious living environment . In a homeowners association environment , the trustees and managing agents ensure that the aesthetics , external maintenance and general look and feel of the estate is upheld by the individual owners , while again , the conduct rules allow for harmonious living .
As to the size or configuration of properties to invest in , I recommend either a twobedroom apartment of 50sqm or more with a minimum of one parking bay , and / or a threebedroom freestanding home of around 120sqm with a double garage of about 36sqm , as these two offerings are never vacant . On the Western Seaboard these can range in price between R12 000 and R18 000 for the former and R18 000 and R25 000 for the latter .
SA Real Estate Investor Magazine SEPTEMBER 2022 89