The Demand for Investment Properties in Johannesburg, Gauteng, for Furnished, Corporate Rentals
The demand for investment properties in the greater Gauteng area has increased dramatically. With Sandton being the financial capital of Africa, the influx of residents to the area is unbelievable. Relocating to Johannesburg from abroad or from neighbouring cities in South Africa is a common occurrence and therefore the need for fully serviced apartments is high.
Successfully managing the rental of furnished apartments and townhouses requires a specialist and experienced organisation with a proven track record in this niche industry. Feel-at-Home furnished property rental specialists is that organisation and we have a tried and tested model of return that works for every stakeholder in a given deal, from the owner of the property to the tenant paying the rent. Furnished rentals offer a significantly higher rate of return on your investment than unfurnished rental contracts do. When renting unfurnished, one needs to consider those unexpected (although they should be expected) costs when the tenant vacates the property. Inevitably the apartment or townhouse will need repainting, damage will need to be repaired and more often than not, the tenant leaves in the last month without paying rent stating that the owner should use their deposit as the last month’s rent. This situation leaves the owner in a financially strained position and while repairs are being carried out, do not forget about the month that the property will stand empty.
Renting your investment property through Feel-at-Home will prove to be a sound investment. We guarantee a 10-month occupancy period with a rate of return between 1.8% and 2%. That’s equates to almost double that of renting an investment property unfurnished. An added bonus is that a mandatory stipulation in any of our contracts is a minimum of once a week cleaning. The cleaning is subcontracted out to a company that is in joint venture with Feel-at-Home and is a reputable and long standing organisation. This means that as an owner of an investment property that is being rented furnished to corporate clients, you have a pair of eyes watching over your investment every week to ensure that your property is being looked after.
With our established list of clients with locations in Pretoria, Centurion, Midrand, Johannesburg, Cape Town and Nelspruit, listing your investment property with Feel-at-Home furnished property specialists will be a sound investment. Our end-to-end service will not only impress, it will ensure and maintain your trust in us and we’ll go above and beyond to look after you and your investment.
