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Renico Construction (Pty) Ltd.
EMAIL NEWSLETTER - Nov 2024
Message from the Managing Director
2024 is indeed proving to be the year of elections with over one hundred of the worlds' 195 recognised countries making their marks at the polls. Almost half of the globe's population is eligible to vote in their respective elections and a change in the worlds geopolitical landscape seems inevitable. One of the more notable ones is today's election in the USA. With all the media hype, opinions, information, and misinformation shared, it is hard to predict who will be the next president elect. I just find it hard to believe that these are the two best candidates available to become the next president of the United States.

With most of SA experiencing above average temperatures, water... See More
Featured Residential Developments

With all our Fernhill homes currently at first floor level, we yesterday received our first delivery of floor slabs which were quickly placed on the allocated four homes. More slabs will be delivered in the coming days and our construction teams will be quick to commence with the brickwork on the top floors in preparation for the roofs to be fitted. The construction site is a hive of activity with great progress being made on a weekly basis. I am also happy to report that we have breached the 50% sold out mark and have been told that there are a few more agreements in the pipeline.

As our iThemba show units are nearing completion we have also surpassed the 19% sold out mark. The increased building activity has led to a surge in interest from prospective buyers who are keen to make this their future home. Compared to other properties currently on offer in the surrounding areas, I believe that the iThemba residential development offers some of the best value for money in the area.

Brand new residential development in Albertsdal.
iThemba is our third residential development in Albertsdal and is earmarked for completion by mid- 2025. The ninety-six home security complex will again comprise of both two and three bedroom simplex units with single or ...

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Latest News
Understanding capital gains tax and how home improvements can help you save.
We all want to achieve the best possible return on what is probably our largest investment and, when it comes to selling your home in South Africa, understanding how capital gains tax (CGT) applies can be crucial for minimising your tax liability.

Claude McKirby, Co-Principal for Lew Geffen Sotheby's International realty in Cape Town's Southern Suburbs and False Bay explains: "Capital gains tax is a tax levied on the profit made from selling an asset, such as property. In other words, when...
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Launching Shortly

With 70% of the stands offered in our Elemente full title development on the banks of the pristine Potchefstroom Dam already reserved, only a handful of stands are still available to secure. We will begin installing services to all stands within the estate by early 2025, and the new owners will commence with the building of their next dream homes shortly thereafter. 

Elemente is bound to be one of the most exciting residential developments Potchefstroom has seen in many years and once completed, will be one of the most exclusive estates in the Northwest Province.

Latest Listings
R863,500
3 Bedroom House For Sale in Riverspray Lifestyle Estate
You are invited to view this completed full title free standing house situated inside the Riverspray Lifestyle Estate. This stunning ...

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R1,170,520 pm
22,510m² Warehouse To Let in Mostyn Park Extension 1
TO LET or FOR SALE! This property is ideal for a distribution centre, warehouse and/ or factory. Mostyn Park is ...

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Regards
RENICO Construction (Pty) Ltd
Tel 011 794 1177
Fax 011 794 1159
Email info@renicoconstruction.co.za
WWW.RENICOCONSTRUCTION.CO.ZA
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