Dunoon residents capitalise on thriving rental market
Residents in the overcrowded settlement are building apartments and adding storeys
A four story rental apartment in the heart of Dunoon built by a local family.
By Masixole Feni
17 May 2017
Earlier this year, GroundUp reported on the housing “boom” in Dunoon. A thriving rental market has developed with RDP houses being converted, extended or extra storeys added. In some cases new blocks are being built on RDP plots.
As you enter Dunoon, developments can be seen on almost every street.
A block of rental flats surrounded by informal shacks in Dunoon.Containers have been used on this site to establish a crèche on the ground floor and a small Christian chapel for Sunday services on top of it. During the week, choir practice is held.A mosque with its minaret visible has been built above the premises of a dental surgery. Two men who collect recyclable materials can be seen passing by.This family has created a second storey to gain a rental income. The conversion was simple and innovative.A block with a mix of commercial and residential tenants.These homeowners have established a night club, the Upstairs Lounge, which operates on weekends only.
