Urban Development Zone
The time has never been better to invest in the inner city of Johannesburg; property values are still affordable, there is a wide range of stock to choose from and government is making every effort to encourage enterprising investors to invest. A tax incentive is available to investors in the form of a significant depreciation allowance for both refurbishment of new building development. The incentive is available within a designated inner city area, including the improvement districts - the Urban development Zone (UDZ). For all the information you may need regarding the UDZ please visit the City of Johannesburg website www.joburg.org/udz. Please visit http://eservices.joburg.org.za and go to 'online maps' for ownership, planning and building information on properties in the Urban Development Zone (UDZ). Direct links to various documents related to the UDZ (Adobe Acrobat Reader is needed to view the files. If you do not have it you can get it here.
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