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EasyProperties listed it’s 11^th property on 5 July, and it was only the second property investors could buy shares in while it was still under construction.

Introducing The Monroe

The Monroe offers designer apartments in the popular yet exclusive Rosebank area. If you’re a Joburger, the opportunity to invest in property that is a stone's throw from Rosebank Mall and the Rosebank Gautrain Station might excite you.

In fact, if you’re far away from Jozi the opportunity might excite you even more because it’s not easy to invest far from where you stay. Until now, of course.

This would be the second off-plan property investment on EasyProperties, with construction set to wrap in March 2022.

The appeal of properties under construction

EasyProperties loves scooping up units in developments that are still under construction because of the larger discounts they are bought at against market prices.

Investors know that lower entry prices create the potential for greater capital appreciation when we eventually decide to sell. This would make this type of investment especially appealing for investors that love chance at realising chunky capital gains from their assets.

What about dividends

Without renters taking up the units until construction is done, investors typically worry about their dividend prospects. However, investors will earn interest on their investment during the construction phase with returns making significant increases once tenants have moved in and are paying rent.

Check out the investment numbers and some of the visuals we anticipate for the property by hitting the button below.

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