Residential to Commercial Property in South Africa | Part 4

In this video, Rowan walks you through the intricate process of rezoning a residential property into a commercial space. Recently, a residential property was purchased with the initial intent to convert it into office space, given the high demand in the area. However, midway through the process, it was decided to create an Early Childhood Development Center instead. In this video, we detail the various options available for rezoning, the financial considerations, and the operational challenges involved. Join us as we share the journey of applying for rezoning and finally making a decision on the future of this property investment. If you're considering a similar venture, this video will provide valuable insights into the complexities and decision-making process behind property rezoning. 00:00 Introduction01:04 Updates on my current property investment02:51 Deciding on investment route04:41 Submitting applications to the council05:48 Dealing with objections06:29 The next steps07:26 Learnings as a landlord If you haven’t watched the previous episodes of this series, watch here:Episode 1: https://youtu.be/qcsLu9ZtEucEpisode 2: https://youtu.be/8vPj4gEWraIEpisode 3: https://youtu.be/9JKX7H2I2CQ Don't forget to like, comment, and subscribe for more property investment tips and updates! Youtube: http://youtube.com/@propertycornerza Spotify: https://shorturl.at/horJT Apple Podcasts: https://shorturl.at/alFG7