Property
Optimisation

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Finding the optimum development solution for a property may require consideration, not only of the final potential but also, by means of phasing, how best to get to there.

In the current economic climate, finding the most cost effective method of maximising rights granted has become the first priority for most developers.

Within density, coverage, bulk and all other restrictions imposed on a property there’s often more than one way to meet those requirements and finding the optimum solution is every developer’s challenge.

Many owner’s find that their homes have “grown too large” now that the offspring have flown the nest or perhaps they simply feel that the maintenance no longer justifies the cost and effort… And, who, in the current climate, would say no to some additional real income?

 

A surprising number of homeowners appear unaware of The City of Johannesburg Land Use 2018 Amendment Scheme which affords a number of opportunities by which a burdensome property can become an attractive, both short and long term, income generator without costly and protracted rezoning. In creating a comprehensive feasibility report, Multi Urban Developments will determine how to best unlock that potential.

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