15 square metre flats (called ‘nano units’) hit Johannesburg rental market

An innovative residential property business has developed a new concept – “nano units” - in the Johannesburg housing market; providing “estate living” for those on a lower income.

What is a “nano unit”?

It’s a 15 square metre self-contained flat with an en suite bathroom and kitchenette.

All developments include spacious common areas - a lounge area, a café, indoor and outdoor playgrounds, braai areas, a supermarket, a gym, a crèche and “hot desk” office space.

There is also free Wi-Fi and DStv.

Units are priced between R1950 to R3750 per month.

The Money Show’s Bruce Whitfield interviewed Live Easy cofounder James Huff.

Listen to the interview in the audio below (and/or scroll down for quotes from it).

We have 12 square metre units as well.

James Huff, Live Easy

The size is a bit outlandish from a lenders’ perspective.

James Huff, Live Easy

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Article brought to us by Old Mutual.

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