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Good value rental options in Gauteng and KwaZulu-Natal

14 Jul 2023

Whether you are a young professional looking for a convenient place to live or a family looking for a luxurious home, Midrand and Kyalami Central are the perfect choice. With their wide range of rental options, affordable prices, and excellent amenities, these areas offer something for everyone.

According to Nirvan Bhudai franchisee, Rawson Kyalami Central Rentals, areas like Midrand and Kyalami are prime locations on the south western border of Johannesburg.

You can find bachelor to one or two bedroom apartments for rent, starting from R6,500 to R12,500 per month in Midrand and R10,500 to R25,000 per month in Kyalami Central.

Midrand: 

A lovely double balcony apartment to rent for R12 500 per month 

This two bedroom apartment in Kikuyu offers open-plan kitchen that comes standard with appliances, washing machine, tumble dryer, dishwasher, fridge/freezer, and stove. The complex has swimming Pool, wellness spa, indoor cinema and games room, 24-hour security and much more. Click here to view more.

"It has a lot going for it from a convenience perspective with Mall of Africa which has great restaurants, shops etc. The area also offers gyms, laundromats, restaurants, car washes, good schools and childcare and sports grounds, shopping and garden centres, it basically has everything that a young professional or family would need," says Bhudai.

Corner garden apartment to rent for R8 500 per month 

The open-plan living area of this two bedroom apartment flows out to the covered patio and wrap around garden. The apartment is fibre ready and pet-friendly on request. Click here to view.

Kyalami:

Modern apartment to rent for R10 500 per month 

Situated in the heart of Kyalami, this idyllic development strikes a delicate balance between community and nature. The Woods Apartments were designed for modern lifestyles and give you the opportunity to experience both the city and the natural environment as the perfect lock-up and go solution. Click here to view. 

He goes on to say that these suburbs offer a complete and secure lifestyle package with lock-up-and-go convenience which is hugely appealing to today’s busy families and professionals. There are lifestyle estates that are drawing young professionals and young families to either rent or buy. 

"This shift in tenant demand is being driven by a number of factors, including rising interest rates, political uncertainty, and the increasing popularity of remote work. As a result, landlords who want to attract tenants in KwaZulu-Natal need to be prepared to offer properties that meet these changing needs," says Bhudai. 

Meanwhile, tenants in Kwa-Zulu Natal are willing to pay higher rental prices for properties that offer two- to three-year leases. According to Lara Hamilton Potts of Local Real Estate Midlands this is because tenants are looking for stability and security.

Pet-friendly apartment in Ballito  for R11 000 per month 

This beautifully presented upper-level apartment benefits from tranquil outdoor vistas, is pet friendly and is situated in a well-developed complex that offers leisure amenities. The layout offers an open plan light filled living area with a well-appointed kitchen that has been remodelled, forming an eye-catching focal point. Click here to view. 

Potts says the rental contracts she has signed in the last couple of months have been for high end properties where people are not shy to pay these higher rentals but will negotiate as they want a 2-to-3-year rental. "It appears as if they are waiting to see how the interest rates and the political situation is going to play out before they commit to purchasing," she says. 

Her colleague, Lauren Vallee from Local Real Estate Ballito has been doing rentals in the larger gated estate for over two and a half years, focusing predominantly on Brettenwood Estate and Simbithi Eco Estate, and says: “During the past three months I have definitely noticed a difference whereby potential tenants are looking for value across the board, but in different ways depending on what their price bracket is. 

Well-maintained townhouse in Brettenwood Estate for R26 000 per month 

This apartment offers three bedrooms, a double garage, and air conditioning throughout. The downstairs level has a spacious open-plan kitchen and living area flowing out to a patio that is perfect for entertaining. The communal gardens are lush and green. Click here to view. 

"Trends that I have noticed include wanting homes with separate offices on-site so that they can move away from paying additional rental for office space and another noticeable change, which was occurring during the pandemic where people wanted houses with gardens is a return to townhouses within secure estates, which include garden service, and sometimes a communal pool. 

Indoor/ outdoor living and entertainment spaces in Simbithi Eco Estate for R50 000 per month

This gracious double storey residence has an expansive open plan living room that opens onto a large outdoor covered patio with an integrated pool deck area offering seamless indoor/outdoor living and entertaining and panoramic estate views. Click here to view. 

"This is also driven by economics wanting an all-in cost for garden and pool service or a preferred use of communal garden or pool facilities so there is no additional cost on the rental price.  Some high-end rentals also want fibre, garden service and pool service.  It's certainly been a challenging but interesting time in rentals lately” says Lauren.

Ian Naidu has been operating in Zimbali Estate, a high-end property destination, for well over 16 years and says, "Zimbali has always been an attractive option for families looking to rent before committing to a purchase. The coastal lifestyle, together with the secure environment Zimbali offers, makes it an easy choice for discerning clients. Besides Corporate Rentals, which this estate is popular for, I have also seen a preference towards sectional title properties, because the maintenance aspect (and costs thereof) is lessened for the tenant since the freehold homes incur additional garden/pool costs for the tenant"

Townhouse with a tranquil location in Zimbali for R33 000 per month 

This spacious garden duplex, positioned alongside a lush greenbelt, has outdoor spaces located at both the front and the back areas of the home providing versatile outdoor living areas for inclement coastal conditions. Click here to view. 

With 13 years of experience in the rental market Kirsty Hodgson, Rental Property Manager at Local Real Estate, also offers her insights. “From what I have seen, it is what we call "a tenant’s market", with supply quite high, and the way the economy is at the moment tenants are negotiating harder on rental amounts on initial contracts and on the renewal increases. We are seeing an average of 5% increases, where previously more in the region of 6-8%. Rising interest rates have also driven more consumers to rent instead of buy for now."

"We have also seen a rise in the movement of tenants, with a lot of cancellations, driven by tenants moving to more affordable accommodation or moving for better work opportunities."

"There has been an influx of people moving from JHB and the lower to middle end (3 bed / pet friendly / freestanding home with a bit of a garden is very popular."

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