About Us
At PGT³ Real Estate, we are a Private Property Investor who seek to purchase Residential properties that have the potential to generate immediate return on investment upon completion of renovation or rehabilitation and rented as an income generating asset, while seeking long term appreciation. PGT3 Real Estate has just emerged as a specialist letting agency with potential and capacity to
grow the business to include residential, industrial and commercial properties for rental, sales and investments. At PGT³ Real Estate we want to create a world where letting and renting is not so fraught with stress, risk, and we’re committed to be the smartest way to rent, for landlords and tenant
PGT³ Real Estate is an exciting new brand in the real estate industry and we will ensure that the best interests of our clients are always a top priority. We aim to create personal, long-term relationships by providing accurate, honest property rental advice, efficient and professional service to Tenants and Landlords to ensure they receive unparalleled service, the highest possible value with the least inconvenience
From humble beginnings, slowly converting a monthly salary to build a multi-million Rand Residential rental portfolio. Vision
To be the most acknowledged and trusted property brand in South Africa, by creating value through property, delighting our customers and leading innovation in our Property Rental industry.
To be the market leaders in property rentals and management
To provide property management, property development, property asset management services, land strategy, acquisition and stewardship in order to maximize the social, economic and financial benefit to our clients and company. Mission Statement
To create a portfolio of income producing real estate assets over the next 3 -15 years that will produce a multi-billion property portfolio. Objectives
To invest in undervalued residential real estate properties for the purpose of renovating or rehabilitation and then immediate resale, or to hold and rent properties, generating monthly income while obtaining market value appreciation over a longer period.
To find undervalued properties and selling them for higher price after adding value for quick returns to invest in other properties (Flipping).
To manage real estate investments from identifying potential properties, to evaluating, to acquisition, and to final sale or dispossession.
To manage the renovation or rehabilitation activities of newly acquired residential properties.
To manage the residential properties that are rented and held for the longer term.
To manage the portfolio of real estate assets.
To maintain a good track record in the management and finding of tenancy occupation within a period of 30 days.
To maintain at least 15% Return on Investments of our properties to grow the business portfolio. Keys to Success
The keys to success of PGT³ Real Estate:
Acquisition of undervalued residential properties. The greater the discount that properties can be purchased, the greater the upside for short term or long-term gains will be.
Complete the renovation or rehabilitation work within the scheduled time and within the budgeted amount.
Recognize buying opportunities on specific properties that would provide the option to immediately resell selected renovated or rehabilitated properties upon completion for short term gain.
Find rental occupants for the selected properties before renovations are completed or at the first opportunity after completion.
Generate cash flow from rental income sufficient to cover debt and expenses and provide funding for new property acquisitions.
PGT³ Real Estate as it is more commonly known, initially focused on renting of property in the Kempton Park area but will over the next 3 years grow to provide full property rental management services across the whole of the Gauteng area as we needed to keep pace with our growing customers’ base and our property investors.
Maintain an average 92% occupancy rate each year on rental properties.
Provide projected overall 5%-10% cash-on-cash return on the portfolio of assets. Core values
PGT³ Real Estate has been built and guided on a foundation of solid and core values like integrity, excellence and family, inspired by a real passion each day for seeing our self-prosper. Values have become an ethical foundation for all organizations and are therefore fundamental to the PGT³ Real Estate’s success. Such values are not just important but crucial to the overall ascendancy of PGT³ Real Estate. The following values were identified and adopted by PGT³ Real Estate:
Professionalism, to offer a professional service which will add value and peace of mind when renting our properties.
Integrity, to ensure optimal integrity through the provision of honest business practice
Responsibility-willingness to take over our roles and decisions in a constructive manner.
Customer satisfaction, to ensure that our clients services are met
Trust, to ensure that we are transparency to our customers
Family - Working with each other, for each other.
PGT3 works with hardworking, honesty and trustworthy team to ensure that our clients are satisfied with our services and had their full range of services they need.
Collaboration-a spirit of cooperation to achieve set goals.