Latest properties in Waterfall

A prime-located, landmark commercial property in Midrand fetched R29.5 million on BidX1 South Africa’s recent on-line property auction, snapped up by a local owner-occupier who runs a professional consultancy business.

Despite the political uncertainty that’s increasingly deterring foreign investment, there is still significant interest from international buyers in certain areas where buyers believe they get more bang for their buck than in comparable areas abroad, but in other parts, it’s all but dried up.

Although there is a ‘small uptick’ in rental enquiries, low affordability and unfavourable credit checks of potential tenants remain a concern in the rental market.