naeem
Expert Member
Thoughts on Braamfontein apartments as investments?
See quite a few revamped apartments for sale in braamfontein. In the hipster 'hood part of braamies.
Think Maboneng, juta street, de beer street etc.
Rental income is average, but would you think letting it out as a furnished apartment short term work? Using services like AirBnb to manage the booking/verification process.
A bit of work will be involved in furnishing and having the place maintained regularly but potential income on short term far outweighs a long term tenant. On the flipside - you might see periods with zero income.
See quite a few revamped apartments for sale in braamfontein. In the hipster 'hood part of braamies.
Think Maboneng, juta street, de beer street etc.
Rental income is average, but would you think letting it out as a furnished apartment short term work? Using services like AirBnb to manage the booking/verification process.
A bit of work will be involved in furnishing and having the place maintained regularly but potential income on short term far outweighs a long term tenant. On the flipside - you might see periods with zero income.