select
|

Top 3 advantages of renting in a sectional title complex

Sectional title complexes offer numerous advantages to its residents, especially tenants, which is one of the reasons why the numerous sectional title schemes within the northern suburbs of Johannesburg have seen continued strong rental demand.

“While factors such as location and amenities are always important when looking for a place to call home, there are a number of advantages to renting a property in a sectional title complex,” says Chris Renecle, MD of Renprop.

He points to the top three advantages of renting in a sectional title complex as being:

1.    Sense of security:
Security is the number one factor that influences where people choose to live. Sectional title complexes are known for offering good security features. These typically include boundary walls with electric fences as well as strict access control and physical guards. “This level of security makes sectional title units ideal lock-up-and-go properties, which appeals to many tenants,” says Renecle.

2.    Communal facilities


Sectional title schemes often provide residents with communal facilities such as park areas, swimming pools, tennis courts and clubhouses, encouraging a sense of community living. “These kinds of features add greatly to the lifestyle appeal of sectional title complexes, without weighing on the tenant in terms of maintenance and upkeep,” says Renecle.

3.    Keeping the costs down

The rental prices for a unit in a sectional title complex are often much cheaper than rentals for a full title home. In fact, Renecle points out that tenants in sectional title complexes benefit from the communal facilities, and don’t have to worry about taking care of the garden and any other external maintenance issues on the actual property as this is all covered by the service providers hired by the body corporate, and so the cost thereof will be included in the monthly rental. Furthermore, because the municipal services such as water and electricity are often shared among all the owners of the sectional title scheme, the costs for these services are usually lower than they would be in a freestanding home.

Renecle concludes by saying that overall, tenants in sectional title complexes benefit from being able to live in a secure, well kept home for a reasonable price. “This is what makes sectional title rentals value for money and appealing to such a wide spectrum of tenants from up and coming executives and young families and older folk looking to downsize and everything in between.”


  Comment on this Article

  Please login to post comments

Post to my facebook wall
  
2000
Characters remaining


    Latest Property News
    • 17 Nov 2017
      FWJK has announced the launch of its latest residential brand, the Lil’ Apple, which will be launched simultaneously in two developments in Cape Town and Umhlanga totaling 600 apartments. The Lil’ Apple is set to be a brand of FWJK’s New York style apartments which will be rolled out nationally.
    • 17 Nov 2017
      It’s been a tumultuous year on many fronts, with socio-political uncertainty setting the tone for much of South Africa’s economic activity yet despite this and seemingly counter-intuitively, the residential property market has held up well.
    • 17 Nov 2017
      The EAAB (the Estate Agency Affairs Board) recently claimed that around 50,000 illegal estate agents could currently be operating illegally.
    • 16 Nov 2017
      Penthouses are synonymous with New York – characterised by high-rise living that is decidedly luxurious and spacious. While exclusivity comes at a price, you can still create a “penthouse” look and feel in your existing apartment or even the upstairs bedroom of a double storey house with some clever design changes and styling touches.
    • 16 Nov 2017
      The area has long been popular with kite surfers and, with escalating property prices in Cape Town itself, is increasingly in demand with home owners who work in town, but are looking to invest in more affordable properties.
    • 16 Nov 2017
      Cape Town’s popularity as a world-class tourist destination has resulted in a spike in the number of homes available for holiday lets and fuelled investor demand for sectional title units with short term rental potential.
    • 15 Nov 2017
      Sappi, one of South Africa’s oldest global companies and a leading global supplier of sustainable woodfibre products, has moved its global and regional headquarters to a new site on the corner of Oxford and 14th Avenue in Rosebank.
    • 15 Nov 2017
      There’s an old saying in real estate that you should seek to make a profit when you buy, not only when you sell – and a large part of succeeding at that endeavour is buying a home in an area with desirable features that will enhance the resale value of your property.
        
    X
    Subscribe to the MyProperty Newsletter

    Name  
    Last Name  
    Email Address  
    Email Frequency
    select
    X
    Share this Page

       
    For Sale Property
    Rental Property
    More Options
    About
    Connect with us
    FEEDBACK