In2assets Blog: Commercial property trends

I find myself writing about Hippo’s again or as they were known as Sea Horses or Sea Cows however this time I am aiming further north from Durban’s Riverhorse Park to a World Heritage Site known as iSimangaliso Wetland Park.

“A well-researched commercial property investment can be very lucrative and may require little attention for some time once it’s tenanted”, explains Rainer Stenzhorn of In2assets, the South African commercial property company. However, awareness of the risks will enable an investor to be prepared for adverse circumstances.

The Richards Bay Shopping Centre known as Taxi City has been successfully sold for an auction record price of R120 million at the monthly commercial auction conducted by In2Assets, the commercial property auction specialists.

When buying a commercial property as an investment, the tenants and lease period are key to profitability.

Are you a property owner and thinking of buying or selling a property, whether residential, industrial or commercial? In2assets, the commercial and industrial property marketing specialists have detailed the new fees in respect of the transfer and registrations of property, according to the Deeds Office.