STREET VIEW PERSPECTIVE

Devmark property group launches first co-living Yuco development in South Africa

12 July 2021

YUCO will form part of the new Galleria precinct, an ambitious 11,4Ha mixed-use property development located at Tygervalley in the Northern suburbs of Cape Town.

TAKE A LOOK INSIDE SA’s FIRST YUCO

YUCO is an excellent property investment in the Northern Suburbs of Cape Town offering a substantial capital growth opportunity.

The Location: The Northern Suburbs’ has experienced enormous property growth in recent years, not least because of the access to Cape Town International Airport, good schools and higher education institutions, shopping centres and a number of wine routes including the Durbanville Wine Valley. Investment fundamentals are underpinned by strong demand and short supply of this type of property in this location.

Co-Living: An innovative co-living solution will provide consistent real returns to property investors, where all the admin is taken care of and managed by the experienced YUCO Management.

Dejane Steyl, Head of Marketing: Devmark Property Group, says: “The Galleria has already attracted both national and regional head offices, as well as an international events company. Its strategic location at the epicentre of Cape Town’s second CBD means that the site benefits from multiple connections, be that roads and services, transit routes, fibre networks or as a hub where people from all spheres of life connect for business, social and retail activities. Part of the location’s allure is the comprehensive live, work, play opportunities with the backdrop of the winelands, higher education institutions and comprehensive amenities in close proximity.”

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