Ng10 2016 by Engel & Völkers SA

NATIONAL GUIDE TO REAL ESTATE PROPERTY NEWS & INFORMATION

Free Copy Edition 10 published by

Cover Feature Gauteng · Pretoria Big Ideas for Small Spaces Understanding the Business of Bonds Gauteng: Business, Lifestyle, History and more

‘16

ISSUE 97

w w w. n a t i o n a l g u i d e t o r e a l e s t a t e . c o . z a

WELCOME

Publisher Engel & Völkers Southern Africa

Dear Readers,

t is hard to imagine that we just entered the last quarter for the year, and that we have less than 90 days to go until Christmas. We can certainly all expect a very busy last couple of months ahead as everyone ticks off their to do list for the year. The warmer weather has definitely brought with it an uptake in the property market as people come out from hibernation and start to enjoy the outdoors. Although the country is still desperately in need of rain, we can already see the dull colours turning into the bright colours of summer. On the water shortage note – we do call upon each person to play their part in preserving water consumption and to participate in water collection initiatives as our farmers truly need our help. With many having already started their spring cleaning sessions, and for those who are yet to tackle the task, we have a special feature on page 17 and 18 on how to make the most out of small spaces as well as some ideas on what you can incorporate or consider to maximise your space. For those who have already maximised their living space, and are in dire need of something which their current home can't offer, we have a focus on all the costs involved when obtaining a bond, as with an ever changing market, one always needs to brush up on the latest criteria again. Read more about this on page 33.

Staying on the topic of bonds and mortgage loans, I am sure everyone will share our relief in the announcement that the interest rates will remain unchanged. If we look at the South African Reserve Bank's data for the second quarter of 2016, the value of new bonds continued its yearon-year decline, but we are pleased to say that it has been at a slower pace. Declines are a normal part of the mortage industry, but for homeowners it is good news that the residential market is still the leading sector of bank finance. This simply emphasises the need for those applying for a homeloan to do your budgets and homework first, to ensure that you do not overspend and that your deposits are secure. So for those who wish to still secure their new home this year, and spend some time settling in, before 2017 is underway, browse through our selection of properties or give any of our offices a call to discuss your requirements and we can certainly aid in finding you that dream home. Until next month,

Editor Craig Hutchison Creative Director Elzanne Venter Account Executive Karen Erasmus Production Manager Chantalle Bell Feature Writer Tihara Baker Copy Editor Tihara Baker Designer Maggie Magnus Advertising and Marketing pr@nationalguidetorealestate.co.za Newsletters and Subscriptions Tel: +27(0)11 929 3096 Web: www.engelvoelkers.com/south-africa Physical & Postal Address Shop 6B, Centurion Lifestyle Centre, 80 Old Johannesburg Road, Centurion Social Media www.facebook.com/engelvoelkerssouthafrica @engelvoelkersSA www.linkedin.com/englevoelkerssouthafrica www.pinterest/engelvoelkerssa Electronic Version available at www.nationalguidetorealestate.co.za and www.issuu.com/engelvolkerssa

Craig Hutchison, CEO Engel & Völkers Southern Africa

Proud Partner of

COVER FEATURE Gauteng · Pretoria New East · Woodhill Masterpiece on a hill Very unique, solid home built on a prime stand on top of the hill in the sought-after Woodhill Residential & Golf Estate. A feeling of grandeur is felt when you drive up the steep driveway, surrounded by vast gardens. The triple volume entrance takes you to a few levels of multi-level home. Accommodation includes 4 bedrooms, with 3 bathrooms on the top level, with balconies giving you uninterrupted views. The middle level offers spacious living areas with a built-in bar (equipped with water and built-in fridges), ideal for entertaining while you watch the sunset. The kitchen, dining room and lounge are very classy and spacious. Extra features include 4 garages, underfloor heating, water features, staff accommodation, a pool and rolling gardens with auto irrigation and outside lights. Woodhill Golf and Residential estate is situated in the New Eastern side of Pretoria, and home to many well known public figures. Built on what was previously a dairy farm, this country estate offers 850 owners and tenants an opportunity to live in a beautiful environment with excellent security systems. Adjacent to Woodhill is the prestigious Woodhill College which caters for students from grade 000 to grade 12 with outstanding results. Woodhill also offers an 18 hole championship golf course designed by Peter Mactkovich, elegant facilities for hosting conferences, functions and facilities for the residents. The clubhouse offers catering for all residents all day, tennis, squash courts and a driving range. A peaceful, secure lifestyle is enjoyed by all. Pretoria New East · Tel. +27(0)12 809 2205 PretoriaNew East@engelvoelkers.com

Web: ENV91025 ZAR 5,25 million

WELCOME INSIDE IFC

Johannesburg, West Rand 4 Johannesburg, Lonehill 5 Johannesburg, The Parks 6 Johannesburg, Hyde Park 7-8 Johannesburg, Fourways | Broadacres 9 - 10 Johannesburg, Bryanston | Sandton 11 - 12 Centurion & Midrand 13 - 14 Pretoria, Old East IFC, 15 - 16 Pretoria, New East 19

LIMPOPO

SPECIAL FEATURES IFC Welcome IFC Cover Feature: Gauteng, Pretoria New East

INDUSTRY NEWS

Hoedspruit

1 Gauteng Market Review: Business, Lifestyle, History and more ...

33 Understanding the Business of Bonds

N O RT H W E S T

Potchefstroom Hartbeespoort Dam

21 22

LIFESTYLE FEATURES 17

K WA Z U L U - N ATA L

South Coast North Coast

23 24

WESTERN CAPE

Big Ideas for Small Spaces

CORPORATE NEWS Bloubergstrand Plattekloof Durbanville & Surrounds Atlantic Seaboard Stellenbosch

OBC

Engel & Vรถlkers Top Performers

25 26 27 - 28 29 - 30 31

FINANCE NEWS GLOBAL International Properties

35 Transfer and Bond Costs

Real Estate Terms Defined TYPES OF AGENTS: Intern / Rookie agent: Intern agent work under a registered Real Estate agency in which there is a qualified and registered Principal to supervise his/her training. A Rookie agent can do everything that an agent does, except sign a mandate or sales agreement. He/She can take clients to a home, prepare a marketing strategy, negotiate a price and advise on costs and legal matters. Rental / Letting agent : Rental agents work with property owners to find good tenants for their homes, apartments or businesses buildings.

Credit to MacRobert Attorneys

Real Estate Agent: A Real Estate agent is licensed and registered individual who acts as an intermediary between sellers and buyers. They should be fully qualified in their NQF4. Principle / Team Leader: A Team leader is someone who is fully qualified in their NQF 5. They provide direction, instructions and guidance to their team and real estate agents. Their main focus is growing their agents as well as making sure they are fully trained and qualified to represent the company brand.

Franz Rabe | Natural Photography | naturalphoto.co.za

G AU T E N G

MARKET NEWS Gauteng: Business, lifestyle, history and more... Gauteng which means "place of gold", has a very unique geography, combining beauty and mineral wealth. It has a population of over 13 million, and accounts for only 1.5% of the land area. It is highly urbanised, and boasts both the country's largest city, Johannesburg as well as the admin capital, Pretoria. It also has an abundance of industrial areas making it a very popular choice for both business and residential. “The Gauteng property market is definitely an investor's destination as rentals are in high demand” says Craig Hutchison, CEO of Engel & Völkers Southern Africa. “We take a look at the various areas and their markets - as we know that the area will offer something for everyone”.

Lonehill Westrand

Engel & Völkers West Rand 30 B, Featherbrook Retail Centre, cnr Hendrik Potgieter & Pieter Road, Ruimsig, Roodepoort, 1724 Tel. +27(0)11 958 0370 WestRand@engelvoelkers.com Suburbs Covered: Ruimsig | Roodekrans | Amarosa Wilgeheuwel | Featherbrooke Muldersdrift

Area Overview: Less than 30 minutes from JHB city centre, Fourways and Lanseria international airport, the West Rand of Johannesburg offers its residents luxury and convenience. With a developing infrastructure, the area is fast becoming an alternative to city living. Located near the cradle of humankind, it also attracts people looking for a country feel with numerous function venues and outdoor activities available such as the Walter Sisulu botanical gardens. The area offers upmarket estate living, luxury freehold and a vast choice of sectional schemes to choose from - all in easy reach of a large variety of schools, shopping centres and easy access to main roads. Area Trends and Activity: Properties in the area remain popular and range from entry level to luxurious smallholdings and estates in close proximity to Ruimsig Country Club. New developments in the area are continuously being planned especially in Mogale City. The Cradlestone Mall and the new Netcare Pinhaven being the latest additions. Residential developments are also being finalised and should take off in the near future. The area offers a home for every budget, ranging from apartments, to family homes, retirement villages, expansive mountainside living with breathtaking views, and small holdings.

Engel & Völkers Lonehill East Block, First Floor, Pineslopes Shopping Centre, The Straight, Lonehill, 2062 Tel: +27(0)11 465 8405 Lonehill@engelvoelkers.com Suburbs Covered: Lonehill | Beverley Lonehill Koppies | Sunninghill Paulshof – known as the Garden Village

Average Property Value: Average values range from R750 000 for sectional units to freestanding units ranging from R2 million to R20 million and above.

Hyde Park The Parks

Engel & Völkers The Parks 18, 4th Avenue, Parkhurst, 2193 Tel. +27(0)11 100 7502 TheParks@engelvoelkers.com Suburbs Covered:

Area Overview: Nestled between Victory Park and Craighall Park, Parkhurst forms part of Johannesburg's Northern suburbs, popularly referred to as "The Parks". The entire area is often also referred to as the "Purple Patch" in reference both to the abundance of Jacaranda trees that line the streets and the amount of "old money" that resides here. People seek to stay in Parkhurst and surrounds because it is a lifestyle move, accommodated by a great urban village community, with children playing in the park and residents walking their dogs. Area Trends and Activity: The trendy and vibrant village-like atmosphere in Parkhurst is created by the variety of coffee shops, antique stores, decor boutiques and restaurants that spill out onto the side walk. Rosebank Mall, the popular rooftop market and African craft market are all close by and Emmarentia Dam with its open space and beautiful trees is a popular weekend location and dog-walking venue. Greenside and Melville are just as popular for the trendy and village lifestyle. Westcliff and Saxonwold offer more stately and larger properties in a quiet, established neighbourhood. Close to well-known private schools and the beautiful Zoo Lake. Zoo Lake is a favourite among Joburg residents and is the venue for the annual Jazz on the Lake and Carols by Candlelight events. It is also the monthly venue for the Artists under the Sun open air art exhibition. Average Property Value: The area comprises mostly of freehold properties with about 20% sectional title units. Full title homes range on average between R3 and R8 million, however houses in areas such as Westcliff often exceed the R20 million mark.

Area Overview: Situated in the northern suburbs of Johannesburg is the neighbourhood of Lonehill and Beverley. Living in the 'Village' of Lonehill is not only about owning a home, but is a lifestyle that embraces safety and security for the residents in the area. The suburb has an excellent infrastructure with a mix and variety of homes to suit just about every budget. The Lonehill Resident's Association organizes regular community activities such as Jazz Events, Picnics, Art Exhibitions and the annual Carols by Candlelight, all of which are actively supported by residents. Area Trends and Activity: These areas attract new buyers who are looking for secure suburbs which offer excellent schooling facilities, easy access to major routes and good infrastructure. The upgrading of the Fourways Precinct will give added value to properties and the lifestyle of residents in the area. This is a major project currently underway and should be completed in approximately two years Average Property Value: Average prices range from R750 000 to R1 million for sectional tile units, whilst larger homes in gated communities range from R1 million to R2 million. Exclusive homes and freeholds stretch anywhere from R2 million to R4 million.

Area Overview: Hyde Park, named after the prestigious Hyde Park in London is a wealthy, upmarket suburb in Johannesburg bordering Illovo and Sandhurst. Well-known for its proximity to Sandton, beautiful tree-lined streets and thriving business centres, it is no wonder the area, exudes international flair, attracts both young and established professionals as well as diplomats, growing families and captains of industry. The suburb of Hyde Park lies nestled between William Nicol & Jan Smuts and Rivonia & Oxford Roads, North of Bompas Road in Dunkeld. It lies right in the midst of the northern suburbs with ease of access to various amenities such as Hyde Park Shopping Centre, which is home to some of the most extravagant speciality stores and a bevy of boutiques, whilst Sunday brunch at one of a selection of delis and restaurants is a way of life. Area Trends and Activity: Hyde Park is a well-balanced area, thriving on business investors of the uppercrust and offers an excellent blend of sectional title and freehold homes as well as several upmarket security estates. Sectional title homes including apartments and penthouses are highly sought-after by executives on the go as well as investors seeking great rental opportunity. Average Property Value: Property prices in Hyde Park vary due to the impressive blend of property types, a 2 bedroomed flat can sell for anything between R2 million – R3 million while 2 bedroomed multilevel executive apartments can reach up to R5 million in price. The most expensive, high-end residential property on the market is currently listed at R60 million, proving why Hyde Park occupies a comfortable position in a recent report as one of the most exclusive suburbs in Johannesburg.

MARKET NEWS Fourways

Centurion

Pretoria New East The Parks

Area Overview: Fourways / Broadacres area offers a bustling modern business hub. The area originated as a game farm that transformed over time to one of the most modern and popular districts in Johannesburg. Much effort has been put into preserving the area's natural beauty. Parks in the suburb are all well maintained and ensure safe leisure activities for young and old. This area features an entertainment hub and a variety of equestrian and secure estates complimented by excellent private and local schools to support all demographics. Close proximity to Lanseria International Airport offers a unique advantage to young professionals and business owners alike. Area Trends and Activity: Property throughout the area are sought-after and is showing immense growth due to new developments like Steyn City as well as variety of entertainment with the explosion of the commercial business hub. The area offers a home for all demographic and family structures from apartment living to standard family homes in suburbs which includes retirement villages, small holdings, farms, secure estate living, equestrian estates to top end exclusive homes with breathtaking views. Average Property Value: Average homes in the residential and boomed suburbs are priced around R2 million. Secure estate living offers stands from R685 000 to R1,5 million depending on the estate, as it can reach up to R8 million and over. Areas such as Steyn City is still being developed and top end properties may sell as high as R20 million.

Area Overview: Centurion is the gateway for all commercial activities between Johannesburg and Pretoria. Properties in Centurion are mostly residential with a good infrastructure of retail, office and light industrial properties to cater to the needs of the residents. The Gautrain station is in the heart of Centurion, residents can rely less on motor vehicles and more on public transport. Area Trends and Activity: Many large companies have decided to locate their Head Office or large satellite offices to Centurion due to affordable housing and easy access. Such companies include Outsurance, Daimler Chysler, Momentum, Discovery and Telkom to name a few. There are many restaurants and places of interest, which include Irene Dairy Farm, Red Barn, Smuts House & Museum. The famous Irene Market is held once a month which attracts visitors from far and wide. Southdowns shopping centre holds an evening market on the last Thursday of each month, which includes live music and artisan food. Average Property Value: Property prices in Centurion range from an average of R850 000 for townhouses to R 5 million plus on exclusive lifestyle estates

Bryanston

Waterkloof

Area Overview: Bryanston is an upper class, wealthy residential suburb of Johannesburg, South Africa. First named as an area in 1949, it was established in 1969 as a suburb of Sandton and provided with tarred roads and municipal services, but after municipal boundaries were revised following the end of Apartheid, Sandton was merged with Johannesburg to form part of the City of Johannesburg Metropolitan Municipality. Bryanston is ideally situated close to the business hub of Sandton, creating enormous demand for properties Area Trends and Activity: A fairly new corporate area called 'The Campus' consists of many large corporations in Bryanston, such as Dimension Data, GlaxoSmithKline, which is also based at The Campus, Microsoft Corporation, Ogilvy & Mather and Synovate. The most popular activity by residents is golf, which is enjoyed at the exclusive Bryanston Country Club and many other surrounding golf courses. Many horse riders also live in Bryanston, who travel outwards to Kyalami and Broadacres, where their horses are kept Average Property Value: Originally Bryanston consisted of farmhouses varying from sizes of 1 to 3 hectares (1 hectare = 4000sqm), however many properties are being subdivided to either offer exclusive, secure estates as well as Summercon apartment complexes. Clusters in secure estates are in huge demand to provide residents with security and a 'lock-up-and-go' lifestyle, allowing them to visit their holiday/ weekend homes nearby. The average price of a property in Bryanston ranges from R1.5 million for a 1 bedroomed flat, around R3,5 million for an ordinary freestanding home on the outskirts, around R5 million for a 3-4 bedroomed cluster and between R8 million to R30 million for a magnificent mansion set on Eccleston Crescent (known as Millionaires Row) or Mount Street, to name a few.

Engel & Vรถlkers Waterkloof Office 204, The Club Retail Centre, Hazelwood Tel: +27(0)12 030 0301 Waterkloof@engelvoelkers.com

Area Overview: Brooklyn is one of eastern Pretoria's prime areas. It is a city within a city catering for all its resident's needs. The two upmarket malls, Brooklyn Mall and Brooklyn square, are surrounded by the beauty of the treed suburb. Brooklyn is popular with shoppers, visitors, business people and students studying at the close by University of Pretoria, not to mention most of the top schools. It is a cosmopolitan area with many multi-ethnic restaurants making it popular as a night life destination as well. Area Trends and Activity: The bulk of primary residents are mature to middle aged homeowners, with more and more young families moving in to the area because of the close proximity of good schools. Rental properties are in high demand but stock is low making it ideal for investors as it will guarantee a return. There is a growing need for student accommodation in this area.

Average Property Value: Full title properties within the residential suburbs are based on average around the R3-4 million margin (3 bedroomed) whilst sectional title properties average between R 2-3 million. Currently homes range in price from R 2,6 to around R 4,5 million, with the highest price ever achieved coming in at R 12 million. According to Lightstone, the median price of full title property has increased by around 6% in the past year, while sectional title units median price has increased by 11%.

Area Overview: When living in the Pretoria New East, you don't have to travel far to experience all that the east of Pretoria has to offer. From the top vibrant restaurants and markets, to the most popular shopping centres; some of the best golf courses and nature reserves. Walking and biking trails, mountain views, lakes, dams and natural areas with over 140 bird species and game such as Kudu, Njala, Springbok and Impala. Not forgetting the hidden gems in the serenity of the scenic and natural environment while enjoying the amenities of a metropole with top private schools, hospitals and entertainment facilities while also having the freedom of access to major highways and routes. Pretoria New East spans an area between the N4 and R21 highway, east of the Moreleta Spruit. Area Trends and Activity: The area offers a home for every budget, ranging from apartments, townhouses, to family homes, retirement villages, security estates, expansive mountainside living with breathtaking views, and small holdings. Whether a first time buyer, or a family looking at established suburbs such as Die Wilgers, Wapadrand, Murrayfield, Faerie Glen, Garsfontein, Moreleta Park and Elardus Park. The area also caters for those looking for security within a top estate such as Silver Lakes Golf Estate, Lombardy Estate, Six Fountains Estate, Silver Wood Country Estate, Boardwalk Meander Estate, Blue Water Creek Estate, Woodhill Golf Estate, The Wilds and many more for every individual need. In addition for those who really desire freedom and space, a number of small holdings of 5ha plus are also in the mix. Average Property Value: Sectional title properties such as flats or stack simplexes can range between R650 000 to R800 000. Townhouses and clusters for young families start from R850 000 to R1,65 million. Full title homes average between R1,7 million to R3 million whilst estate living starts at R2,5 to R5 million and higher. Small holdings of 5ha plus can sell from R2,5 million to R5 million upwards

The Visual Key Guide: Unlock your new home

INTERIOR

Swimming Entertainment/Braai pool area

Bedroom

Garage

Bathroom House size

Security Carport Electric Fence (EF) etc

Aircon

Fitness Fireplace Gym/Tennis Gym Wine cellar etc

SPECIAL FEATURES

Game / Location Game farm

Jacuzzi

Big 5

Home theatre

Living area

Vineyard

Views

* EXTERIOR Pet friendly

OB PROPERTY TYPE / FEATURES

Farm

Lodge

Rondavels

Guest House

Out buildings/Extra Plan / builCommer- Retirement Accommodation/Staﬀ ding Village cial Quarters (SQ)/Flatlet etc. package

Share block

Infrastructure

Borehole

Full title

Sectional title

Stand size

River frontage

... alternatively

SMS EV + Web Reference Number* to 33282 and a sales representative will contact you.

Want more detail about a property? • Visit the app store from your mobile device (IOS = Apple App Store; Android = Google Play) • Download a QR reader app on your phone • Launch the app and scan the QR code at the top of each page • You will now be directed to the website ...

Light grey icon background indicate INTERIOR feature

(SMS charged at R1,50. Free SMS’s does not apply)

Dark grey icon background indicate EXTERIOR feature

Gauteng · Johannesburg, West Rand

Patio

3½

820m²

Willowbrook

Patio

Web: ENV90145 ZAR 1,85 million

211m²

453m²

Estate

2½

Braai

Estate

429m²

Wilgeheuwel

Gcina Nkau 084 425 8319

Web: ENV89834 ZAR 2,32 million

Web: ENV89884 ZAR 1,2 million

124m²

Estate

Candice De Sousa 072 754 1651

Web: ENV86616 ZAR 925 000

Central

Garden

E M XC A LU N S D IV A T E E

2½

Dominic Ruskovich 072 300 2610

Willowbrook

Gcina Nkau 084 425 8319

Ruimsig Web: ENV82788 ZAR 4,45 million

E M XC A LU N S D IV A T E E

3½

E M XC A LU N S D IV A T E E

Featherbrooke Dominic Ruskovich 072 300 2610

E M XC A LU N S D IV A T E E

Featherbrooke Dominic Ruskovich Web: ENV82802 072 300 2610 ZAR 4,495 million

Wilgeheuwel

Randpark

Candice De Sousa 072 754 1651

Web: ENV85868 ZAR 850 000

Willowbrook

Candice De Sousa 072 754 1651

Web: ENV86759 ZAR 775 000

Gcina Nkau 084 425 8319

Web: ENV89774 ZAR 570 000

ST 3

West Rand · Tel. +27(0)11 958 0370 Shop 30 B, Featherbrook Village Shopping Centre, Ruimsig WestRand@engelvoelkers.com · www.engelvoelkers.com/westrand

Patio

S A O N LE D A T E

E M XC A LU N S D IV A T E E

Gauteng · Johannesburg, Lonehill

Helderfontein

760m²

1039m²

Infnity

Jurgen Schuning 072 126 9172

340m²

520m²

M D A U N A D L A T E

Lonehill Barry Walker 082 824 5040

376m²

Lonehill Web: ENV89547 ZAR 2,595 million

260m²

Jurgen Schuning 072 126 9172

Barry Walker 082 824 5040

Web: ENV82217 ZAR 2,925 million

260m²

500m²

Sunninghill Web: ENV90347 ZAR 2,5 million

245m²

485m²

Majied Davids 082 269 9566

Web: ENV89818 ZAR 1,87 million

150m²

Estate

M D A U N A D L A T E

Lonehill Web: ENV90384 ZAR 3,35 million

E M XC A LU N S D IV A T E E

Beverley Web: ENV88880 ZAR 12,5 million

E M XC A LU N S D IV A T E E

Stuart Isdale 082 988 2141

Paulshof Majied Davids 081 269 9566

Paulshof Web:ENV89564 ZAR 1,15 million

139m²

Estate

Alon Myerson 079 931 3485

Paulshof Web: ENV88501 ZAR 1,035 million

76m²

Estate

Alon Myerson 079 931 3485

Web: ENV87229 ZAR 830 000

84m²

Garden

Estate

Lonehill · Tel. +27(0)11 465 8405 East Block, First Floor, Pineslopes Shopping Centre, The Straight, Lonehill Lonehill@engelvoelkers.com · www.engelvoelkers.com/lonehill

Gauteng · Johannesburg, The Parks

Engel & Völkers The Parks under new management

s with life, unforeseen circumstances occur, and this was the case at Engel & Völkers Southern Africa. The Parks Licence recently saw a change in management as Peter Schubach, original licence partner of E&V the Parks decided to shift his focus to other areas within the group, and thus deciding to sell his current licence in The Parks, Johannesburg. “We embraced the decision for the resale of the licence as the new owner is not unfamiliar to the E&V group” says Craig Hutchison, CEO of Engel & Völkers Southern Africa. Scott Pharoah, who already owns Hydepark, Houghton as well as an exclusive projects licence has now also added The Parks territory to his portfolio. Scott was introduced to the Engel & Völkers brand by way of visibility in his area after which the brand also successfully marketed and sold his property. Due to his extensive background in sales, it seemed fitting to enter the real estate industry and thus acquired his first licence in 2015 and opened his Hyde Park office in February 2016. Since then they have experienced enormous success, creating no doubt that he will do the same in the area of The Parks. The area comprises mostly of freehold properties with about 20% sectional title units. Full title homes range on average between R3 and R8 million, however houses in areas such as Westcliff could exceed the R20 million mark. “We have almost 11 000 properties in our new licence area which covers the suburbs of Forest Town; Greenside; Greenside East; Parkhurst; Parktown North; Parkview; Parkview Golf Course; Parkwood; Rosebank; Saxonwold

Scott Pharoah, left, the new Licence Partner for Engel & Völkers The Parks with Craig Hutchison. CEO of Engel & Völkers Southern Africa.

and Westcliff, which together makes up the area known as The Parks – an area which truly offers something for all homeowners” added Scott. The management change of the Engel & Völkers franchise is being implemented with immediate effect and will create great prospects for the new sales team, which is currently undergoing rapid expansion. “I believe that the strength in running a sales team in a service industry revolves around love, empathy and good, solid and honest leadership of your staff” Scott stated. Promoting staff and being empathetic to buyer and sellers is the philosophy which Scott lives by and will also use these same principles in the Engel & Völkers brand.

Engel & Völkers The Parks are recruiting This is where you come in Why not make a move to us. We are oﬀering innovative commission packages and exclusive areas. If you have a charismatic, entrepreneurial personality and a talent for sales, as well as a passion for real estate and a ﬁne sense of what discerning customers require, then you are just the right person for us – and Engel & Völkers is perfect for you! Choose Germany’s Top Employer 2015* and become part of the unique, global Engel & Völkers network!

For more information, contact Grace Mijiga on 072 899 0364 or send your CV to TheParks@engelvoelkers.com or sms EV CAREER THEPARKS and your name to 33282* (SMS charged at R1,50. Free minutes does not apply).

The Parks · Tel. +27(0)11 100 7502 18 4th Avenue, Parkhurst, Johannesburg TheParks@engelvoelkers.com · www.engelvoelkers.com/south-africa

E M XC A LU N S D IV A T E E

Gauteng · Johannesburg, Hyde Park

Melrose Scott Pharoah 084 235 5365

Estate

Rinda Derksen 0827754018

Atholl Web: ENV91044 ZAR 17 million

Ayman Taha 071 344 7108

Web: ENV8920 ZAR 14,9 million

Flat

E M XC A LU N S D IV A T E E

Hyde Park Web: ENV90848 ZAR 25 million

Hyde Park Scott Pharoah 084 235 5365

Demi Stockhusen 082 775 4018

3½

Benoni Web: ENV91174 ZAR 12,7 million

Boomed

Lize Bobbert 079 787 5781

Web: ENV90131 ZAR 9,9 million

Estate

E M XC A LU N S D IV A T E E

Hyde Park Web: ENV88883 ZAR 12,9 million

Inanda Scott Pharoah 084 235 5365

Hyde Park Web: ENV89906 ZAR 6,8 million

Demi Stockhusen 082 569 7607

Craighall Web: ENV89399 ZAR 5,4 million

Demi Stockhusen 082 569 7607

Web: ENV89530 ZAR 5,1 million

FT 1677m²

Prime

3½

Hyde Park · Tel. +27(0)11 027 5557 Illovo Edge Phase 3, Section 3, Cnr Fricker Rd & Harries Rd, Illovo, Sandton, 2196 HydePark@engelvoelkers.com · www.engelvoelkers.com/hydepark

E M XC A LU N S D IV A T E E

Gauteng · Johannesburg, Hyde Park

Chwayita Hoyi 071 134 4108

Hurlingham Manor Web: ENV90935 ZAR 4,5 million

Chwayita Hoyi 071 134 4108

Hurlingham Manor Web: ENV89592 ZAR 4,2 million

Hyde Park Scott Pharoah 084 235 5365

Web: ENV89343 ZAR 3 million

FT 4

2½

Boomed

Web: ENV90056 ZAR 2,7 million

857m²

Patio

750m²

CBD

Boomed

Melrose

Ayman Taha 071 344 7108

M D A U N A D L A T E

Bordeaux Scott Pharoah 084 235 5365

Web: ENV90960 ZAR 2,4 million

173 m² Complex

Leslie Borland 061 522 5039

Web: ENV89652 ZAR 2,3 million

Complex

24H

E M XC A LU N S D IV A T E E

Illovo

Hurlingham Manor Chwayita Hoyi 071 134 4108

Northcliff Web: ENV90074 ZAR 2 million

B-rights Complex

Leslie Borland 061 522 5039

1½

Web: ENV90360 From R 900 000

63m²

Hyde Park · Tel. +27(0)11 027 5557 Illovo Edge Phase 3, Section 3, Cnr Fricker Rd & Harries Rd, Illovo, Sandton, 2196 HydePark@engelvoelkers.com · www.engelvoelkers.com/hydepark

Central

Noordwyk, Midrand Web: ENV91176 ZAR 920 000

Scott Pharoah 084 235 5365

76m²

Estate

E M XC A LU N S D IV A T E E

Gauteng · Johannesburg, Fourways | Broadacres

Chartwell

710m²

2,5ha

Heike Degener 083 265 4244

Dainfern Web: ENV73860 ZAR 6,5 million

3.3ha

M D A U N A D L A T E

Chartwell Web: ENV87860 ZAR 7,95 million

Broadacres

Heike Degener 083 265 4244

3½

400m²

M D A U N A D L A T E

340m²

Heike Degener 083 265 4244

2½

300m²

James Le Bihan 082 777 3543

3½

Chartwell Web: ENV88536 ZAR 3,75 million

Cedar Creek Web: ENV84036 ZAR 4,8 million

Fourways Scott Riddell 082 561 8650

3½

Chartwell Web: ENV87786 ZAR 4,95 million

E M XC A LU N S D IV A T E E

Web: ENV90552 ZAR 5,2 million

Web: ENV90817 ZAR 4,65 million

Estate

E M XC A LU N S D IV A T E E

Sarvenaz Haghighi 083 212 4273

Sarvenaz Hghighi 083 212 4273

E M XC A LU N S D IV A T E E

Heike Degener 083 265 4244

Douglasdale Web: ENV90512 ZAR 3,5 million

9282m²

Scott Riddell 082 561 8650

3½

Web: ENV83510 ZAR 3,35 million

1325m²

Fourways | Broadacres · Tel. +27(0)11 465 0410 Shop 1E, Needwood House, Broadacres Shopping Centre, Cedar Ave, Fourways Broadacres@engelvoelkers.com · www.engelvoelkers.com/broadacres

E M XC A LU N S D IV A T E E

Gauteng · Johannesburg, Fourways | Broadacres

Broadacres

Gate

Vere Killassy 083 601 1309

Web: ENV90911 ZAR 2,6 million

424m²

E M XC A LU N S D IV A T E E

Juksksei Park

Jukskei Park Web: ENV90741 ZAR 3,15 million

Vere Kilassy 083 601 1309

2½

Web: ENV90683 ZAR 2,4 million

E M XC A LU N S D IV A T E E

Sarvenaz Haghighi 083 212 4244

Jukskei Park

331m²

Vere Kilassy 083 601 1309

Maroeladal James Le Bihan 082 777 3543

Web: ENV88993 ZAR 1,999 million

E X M C A LU N S D IV A E T E

E M XC A LU N S D IV A T E E

Fourways

Jukskei Park Web: ENV90586 ZAR 2,35 million

Patio

Douglasdale Web: ENV90153 ZAR 1,525 million

James Le Bihan 082 777 3543

Estate

Scott Riddell 082 561 8560

Web: ENV87302 ZAR 1,85 million

Patio

Estate

E M XC A LU N S D IV A T E E

Vere Killassy 083 601 1309

Fourways Web: ENV90417 ZAR 1,35 million

Patio

Broadacres · Tel. +27(0)11 465 0410 Shop 1E, Needwood House, Broadacres Shopping Centre, Cedar Ave, Fourways Broadacres@engelvoelkers.com · www.engelvoelkers.com/broadacres

Gated

James Le Bihan 082 777 3543

Web: ENV86811 ZAR 925 000

M D A U N A D L A T E

Gauteng · Johannesburg, Sandton | Bryanston

Bryanston Adri Scheepers 083 236 4743

950m² SQ&Flat

Sandown

Joanne Uitslag 083 353 3422

3½

Web: ENV90130 ZAR 10 million

430m²

Patio

Joanne Uitslag 083 353 3422

2½

Web: ENV88814 ZAR 7,599 million

576m²

Patio

M D A U N A D L A T E

Sandhurst Web: ENV89261 ZAR 13,9 million

Bryanston Adri Scheepers 083 236 4743

500m²

George Britz 083 280 5847

4½

River Club Web: ENV87416 ZAR 5,999 million

1078m²

Adri Scheepers 083 236 4743

2½

Web: ENV87819 ZAR 5,5 million

565m²

E M XC A LU N S D IV A T E E

Bryanston Web: ENV89077 ZAR 7 million

Bryanston Adri Scheepers 083 236 4743

3½

Mill Hill Web: ENV82746 ZAR 5,25 million

539m² Boomed

Adri Scheepers 083 236 4743

Bryanston West Web: ENV87818 ZAR 4,9 million

450m²

Boomed

George Brits 083 280 5847

2½

Web: ENV87349 ZAR 4,699 million

474m²

4154m²

Sandton | Bryanston · Tel. +27(0)11 706 6570 Shop L30, Nicolway Shopping Centre, 2959 William Nicol Dr, Bryanston Bryanston@engelvoelkers.com · www.engelvoelkers.com/bryanston

M D A U N A D L A T E

Gauteng · Johannesburg, Sandton | Bryanston

Sandton

260m²

Electric Fence

Web: ENV89915 ZAR 3,3 million

Bryanston Adri Scheppers 083 236 4743

315m²

2½

165m² Complex Estate

85m²

Web: ENV89238 ZAR 1,95 million

Complex

105m² Complex

Web: ENV89878 ZAR 780 000

Sandton | Bryanston · Tel. +27(0)11 706 6570 Shop L30, Nicolway Shopping Centre, 2959 William Nicol Dr, Bryanston Bryanston@engelvoelkers.com · www.engelvoelkers.com/bryanston

Web: ENV86987 ZAR 1,645 million

141m²

Estate

Bryanston

George Britz 083 280 5847

143m² Complex

George Britz 083 280 5847

Bryanston Web: ENV88100 ZAR 1,48 million

Web: ENV88597 ZAR 2,5 million

Bryanston

George Britz 083 280 5847

Bryanston

Vuyokazi Nkosi 073 948 4780

Morningside Web: ENV90987 ZAR 2,275 million

Vuyokazi Nkosi 073 948 4780

Bryanston

George Britz 083 280 5847

E M XC A LU N S D IV A T E E

Bryanston Web: ENV90681 ZAR 3,9 million

E M XC A LU N S D IV A T E E

Joanne Uitslag 083 353 3422

62m²

Adri Scheepers 083 236 4743

Web: ENV82647 ZAR 700 000

67m²

E M XC A LU N S D IV A T E E

E X M C A LU N S D IV A E T E

E M XC A LU N S D IV A T E E

Gauteng · Centurion & Midrand

Hennopsriver Jackie van Zyl 079 246 6703

Great Workshop

520m²

heated

Bev Meerholz 082 443 2952

Blue Valley Golf Estate Web: ENV87631 ZAR 3,85 million

385m²

511m²

Estate

E M XC A LU N S D IV A T E E

Blue Valley Golf Estate Web: ENV89554 ZAR 4,95 million

E M XC A LU N S D IV A T E E

Bev Meerholz 082 443 2952

E M XC A LU N S D IV A T E E

Web: ENV79636 ZAR 16 million

Glen Austin, Midrand Debbie Griffiths Web: ENV88879 061 491 5188 ZAR 3,7 million

Amberfield Valley Jacqueline Scholtz Web: ENV90390 081 482 7227 ZAR 2,995 million

Glen Austin, Midrand Debbie Griffiths Web: ENV88746 061 491 5188 ZAR 2,99 million

FT Y

S A O N LE D A T E M

Glen Austin, Midrand Debbie Griffiths Web: ENV87837 061 491 5188 ZAR 2,8 million

752m²

estate

3½

E M XC A LU N S D IV A T E E

±1.7ha

E M XC A LU N S D IV A T E E

President Park, Midrand Debbie Griffiths Web: ENV89213 061 491 5188 ZAR 2,36 million

Welina Little 083 926 2922

8566m²

Cottages

Rooihuiskraal North Web: ENV90829 ZAR 2,1 million

FT 5

8565m²

stables

8565m²

285m²

Flat

Centurion · Tel. +27(0)12 661 1452 Centurion@engelvoelkers.com · www.engelvoelkers.com/centurion Shop 6B, Centurion Lifestyle Centre, 80 Old Johannesburg Road, Centurion

S A O N LE D A T E M

E M XC A LU N S D IV A T E E

Gauteng · Centurion & Midrand

Lyttelton Manor Nadine Hobkirk 083 636 5083

Kosmosdal Web: ENV88208 ZAR 1,9 million

Debbie Griffiths 061 491 5188

Web: ENV89481 ZAR 1,85 million

Glen Austin, Midrand Debbie Griffiths Web: ENV87838 061 491 5188 ZAR 1,2 million

FT 384m²

Flat

735m²

M D A U N A D L A T E

Shaine Webb 083 239 6643

Eldoraigne, Centurion Web: ENV89716 ZAR 1,075 million

Amberfield, Centurion Jacqueline Scholtz Web: ENV89779 081 482 7227 ZAR 880 000

ST 114m²

Vesta Elliot 071 849 4245

Vorna Valley, Midrand Web: ENV90525 ZAR 720 000

Vesta Elliot 071 849 4245

ST 2

81m²

24hour

Gerhardsville, Centurion Jackie van Zyl Web: ENV88943 079 246 6703 ZAR 700 000

Debbie Griffiths 061 491 5188

101m²

97m²

Midrand Web: ENV90713 ZAR 405 000

ST 2

excellent

Vorna Valley, Midrand Web: ENV90156 ZAR 875 000

E M XC A LU N S D IV A T E E

8565m²

E M XC A LU N S D IV A T E E

1½

E M XC A LU N S D IV A T E E

11000m²

Central

Centurion · Tel. +27(0)12 661 1452 Shop 6B, Centurion Lifestyle Centre, 80 Old Johannesburg Road, Centurion Centurion@engelvoelkers.com · www.engelvoelkers.com/centurion

35m²

M D A U N A D L A T E

Gauteng · Pretoria, Old East

Waterkloof Ridge Cristina Rosa 073 661 8446

700m²

1100m²

E M XC A LU N S D IV A T E E

Brooklyn Sonia Ford 082 786 1443 Fiona Jadrijevic 082 471 1005

E M XC A LU N S D IV A T E E

Web: ENV90961 ZAR 5,498 million

Thatchers Fields Mariëtte Kühn 082 555 8334 Web: ENV89349 Ria Roos 082 087 5652 ZAR 3,7 million

Cristina Rosa 073 661 8446

480m²

Web: ENV89854 ZAR 4,2 million

915m²

Groenkloof Mariëtte Kühn 082 555 8334 Ria Roos 082 087 5652

Waterkloof Ridge

540m²

Web: ENV90208 ZAR 3,95 million

1315m²

Erasmuskloof Web: ENV89925 ZAR 3,48 million

Natasha Wilken 076 912 3062

Web: ENV88538 ZAR 3,2 million

ST Y

Development

15 Units

400m²

2000m²

420m²

1153m² Boomed

M D A U N A D L A T E

1900m²

Menlo Park Mariëtte Kühn 082 555 8334 Ria Roos 082 087 5652

Waterkloof Glen Web: ENV90747 ZAR 2,95 million

Natasha Wilken 076 912 3062

Hazelwood Web: ENV88897 ZAR 2,8 million

Sanette Coetzee 082 066 1311

Web: ENV89100 ZAR 2,79 million

ST 3

Duplex

270m²

1998m² Boomed

310m²

1115m²

Waterkloof · Tel. +27(0)12 030 0301 The Club Retail 204, C/O 18th St & Pinaster Ave, Hazelwood Waterkloof@engelvoelkers.com · www.engelvoelkers.com/waterkloof

E X M C A LU N S D IV A E T E

Gauteng · Pretoria, Old East

Erasmuskloof Natasha Wilken 076 912 3062

Web: ENV86729 ZAR 2,58 million

350m²

1020m²

Hatfield Disemelo Talaia 079 223 3477

Web: ENV88811 ZAR 1,685 million

Brooklyn Sonia Ford 082 786 1443 Fiona Jadrijevic 082 471 1005

Newlands Web: ENV87239 ZAR 2,175 million

171m²

88m²

24H

Hatfield Disemelo Talaia 079 223 3477

Web: ENV83385 ZAR 2,05 million

Village

57m²

Complex

Web: ENV87702 ZAR 985 000

48m²

Web: ENV90095 ZAR 1,1 million

ST 1

65m²

Village

M D A U N A D L A T E

Menlo Park Mariëtte Kühn 082 555 833 Web: ENV85443 Ria Roos 082 087 5652 From ZAR 944 000

Waterkloof Cristina Rosa 073 661 8446

Web: ENV89919 ZAR 940 000

ST 2

Estate

Newlands Sanette Coetzee 082 066 1311

E X M C A LU N S D IV A E T E

Nieuw Muckleneuk Sonia Ford 082 786 1443 Web: ENV88419 Fiona Jadrijevic 082 471 1005 ZAR 1,25 million

ST 2

Estate

Sanette Coetzee 082 066 1311

Gate

Waterkloof · Tel. +27(0)12 030 0301 The Club Retail 204, C/O 18th St & Pinaster Ave, Hazelwood Waterkloof@engelvoelkers.com · www.engelvoelkers.com/waterkloof

40m²

70m²

LIFESTYLE BUILD IN CUPBOARDS AND TAKE OUT DOORS! Built-in cupboards offer much needed storage space. Install cupboards that reach to the ceiling to maximise space and avoid the dust traps found on the top. If a door gets in your way – consider taking it out. You can replace it with a sliding door or make the door space bigger, creating the illusion of one big space rather than two small ones.

CURTAINS While you're considering taking your built-in cupboards to the ceiling, look at dropping your curtains from ceiling height rather than from just above the window. The added height will draw the eye upwards and will allow your fabric to drape perfectly.

MIRRORS Perhaps one of the best ways of expanding a space visually is by introducing light. Mirrors, glass and reflective ornaments (like silver and crystal) expand light, making an area appear more roomy.

CEILINGS While you're looking at the ceiling, it's worth investing in beautiful cornicing – the height of the detail will again draw the eye upwards, enhancing a spacious feel.

PAINT COLOURS Also consider your paint colours carefully, as lighter colours reflect light, while darker colours – perfect for accents – make a room seem small. Let as much sunshine in as possible – natural light will do you more favours than you realise!

However big your space – it's your home, and should bear your signature. Whatever the design experts say, there are always rules that are meant to be broken, so if your instinct wants to go against any of these tips – give it a try anyway. In the instances where the space you need can not be created, and you are considering a change of home, visit www.engelvoelkers.com/south-africa to locate your local Engel & Völkers shop for a free market valuation on your current property or view an extensive portfolio of properties available.

Gauteng · Pretoria, New East

Silver Lakes Golf Estate Claudette Oosthuysen Web: ENV90605 072 156 6219 ZAR 6,2 million

4½

2-way

926m²

4½

Woodhill Web: ENV89431 ZAR 5,8 million

Astounding

Ana Scott 083 501 4440

4 Heated

Web: ENV90849 ZAR 5,3 million

990m²

Heated

S A O N LE D A T E

Faerie Glen Sonica Friedenthal 084 409 5509

Lombardy Estate Eveline Zinssmeister Web: ENV90453 082 041 9181 ZAR 4,95 million

Schools Pizza Oven Fantastic

Braai

Flat

3½

Web: ENV90351 ZAR 2,849 million

1885m²

Bar

M D A U N A D L A T E

Savannah Country Estate Besure Makado Web: ENV90686 071 419 0324 ZAR 2,7 million

La Montagne Rensche Smit 074 588 9588

E M XC A LU N S D IV A T E E

Rietvlei View Country Estate Pansy Mokwele Web: ENV90690 082 419 6248 ZAR 3,25 million

Patio

Elarduspark Louise Brits 082 974 4375

Boardwalk Web: ENV90255 ZAR 2,295 million

Patio

Lyle Landsman 083 505 9282

2½

Web: ENV90789 ZAR 2,225 million

222m²

Braai

Pretoria New East · Tel. +27(0)12 809 2205 Shop 8, Chamberlains Centre, Cnr Solomon Mahlangu & Bendeman Blvd, Silver Lakes PretoriaNewEast@engelvoelkers.com · www.engelvoelkers.com/pretoria-neweast

M D A U N A D L A T E

Limpopo · Hoedspruit

Zandspruit Bush & Aero Estate Cindy Hopkins Web: ENV89242 073 549 1856 ZAR 8,745 million

1.1 ha

504m²

Hoedspruit Wildlife Estate Paul Marneweck Web: ENV90892 083 302 4071 ZAR 2,27 million

208m²

New

Estate

180m²

10 000ha traverse

50%

Big 5

Grietjie Private Nature Reserve Kobus Taljaard Web: ENV83216 079 499 7239 ZAR 2,17 million

100m²

21ha

Big 5

E M XC A LU N S D IV A T E E

Olifants North Game Reserve Cindy Hopkins Web: ENV15CM 073 549 1856 ZAR 2,75 million

Wild Rivers Game Reserve Kobus Taljaard Web: ENV23820 079 499 7239 ZAR 1,5 million

Blyde Wildlife Estate Paul Marneweck Web: ENV90964 083 302 4071 ZAR 650 000

FT 1ha

River

FT 2750m²

Hoedspruit · Tel. +27(0)15 793 0793 Unit 2, Khayagelo Business Suites, Hoedspruit Main Rd, Hoedspruit Hoedspruit@engelvoelkers.com · www.engelvoelkers.com/hoedspruit

Blyde Wildlife Estate Paul Marneweck Web: ENV91313 083 302 4071 ZAR 2,62 million

River

3300m²

Raptor's View Wildlife Estate Cindy Hopkins Web: ENV91073 073 549 1856 ZAR 1,55 million

160m²

Mountain

Olifants North Game Reserve Cindy Hopkins Web: ENV91053 073 549 1856 ZAR 500 000

FT Y

300m²

FT Y

1/sleep4

85m²

⅓

Big 5

Game Viewer

Engel & Völkers Potchefstroom Dear Customers, We are proud to be celebrating our 11th Birthday. We have seen many ups and downs and learned from each of them. I am thus confident that we are the market leaders in the Potchefstroom area when it comes to property and I would like to extend a personal invitation to contact me for any property requirements. Not only do we have the expertise and experience, but also a strong network both nationally and globally to ensure we have the property or buyer you are looking for.

11 Successful years for Engel & Völkers Potchefstroom

05 - 20 16

Licence Partner, Engel & Völkers Potchefstroom

YEA

6th edition of our Local Guide

Now serving over 2500 of our famous cappuccinos per year

9 Specialist Divisions in the Potchefstroom Office

Record Successful Auction for a farm to the value of R21.2 million

Powerful team of over 30 staff members

Winner of over 50 National awards

Over a 1000 project units sold

Top Licence Partner nationally for 6 years in a row Winner of 5 international awards 60 000 copies of the Local Guide Magazine distributed

11 new babies born within the Potch team Proud supporter of Green living and building for 6 years running

Successful farm sale: Sold for R30 million Exceeded the R500 000 mark in charity fundraising for the Potchefstroom Service Centre for the Aged

Over 300 articles published nationally each year

1988

1995

2003

2005

Foundation of Engel & Cie

Founding of the Grund Genug publishing house (GG)

Engel & Völkers Real Estate Academy opens

Engel & Völkers SA Master Licence roll-out

Potchefsroom Licence Sold

2009

2010

2013

2014

2015

2016

Announcing of the First Energy Efficient House on Lekwena Wildlife Estate

Our movie debut in MooiRivier from Kaapland Films

Aviation & Charter division founded

Opening of Green Office in Potchefstroom

8,000 employees worldwide

UIDE L Goom LOPoCA tchefstr

2006

2007

Opening event and Foundation launch of the International of the Engel &Völkers brand Yachting Division in Potchefstroom

2008

Potchefstroom wins CI Shop of the Year

4 - 201 00

1977

YEARS

Find

out

es business m About hefstroo in Potc

fstroomid Potchekundighe van

Invest

sper

to Pro

O M

Die stad EF TCH STRO PO

tion Informa s and copy New e ties, · Fre Proper e Edition Heritag

Best shop performance commission turnover

Potch Office wins the International Marketing & Branding award within the Engel & Völkers Group

Launch of the Local Guide in Potchefstroom

Potchefstroom · Tel. +27(0)18 297 5777 65 Retief St, Potchefstroom Potchefstroom@engelvoelkers.com · www.engelvoelkers.com/potchefstroom

E M XC A LU N S D IV A T E E

North West · Hartbeespoort Dam

Xanadu, Hartbeespoort Isabel Blignaut Web: ENV56944 083 453 6566 ZAR 5,25 million

Port Provence, Hartbeespoort Moira Becker Web: ENV86902 082 374 4349 ZAR 2,995 million

Eagles Landing, Hartbeespoort Moira Becker Web: ENV89090 082 374 4349 ZAR 2,59 million

689m²

Estate

Flat

430m²

Flat

Yes

Estate

E M XC A LU N S D IV A T E E

Open

E M XC A LU N S D IV A T E E

Kosmos Village Hartbeespoort Lorna Stander Web: ENV11407 071 435 2160 ZAR 2,2 million

Schoemansville, Hartbeespoort Janine Viljoen Web: ENV52089 072 445 5475 ZAR 1,74 million

Melodie Hartbeespoort Lizette Saaiman Web: ENV88805 076 784 6669 ZAR 1,71 million

340m²

Flatlet

1487m²

Schoemansville, Hartbeespoort Lizette Saaiman Web: ENV23703 076 784 6669 ZAR 1,6 million

Marina Roux 078 011 7877

450m²

Flat

2800m² 10000m²

E M XC A LU N S D IV A T E E

Meerhof, Hartbeespoort Web: ENV87667 ZAR 1,5 million

Symphony Park, Hartbeespoort Lizette Saaiman Web: ENV84859 076 784 6669 ZAR 1,4 million

ST 3

250m²

1487m²

Open

Estate

Hartbeespoort · Tel. +27(0)12 030 0300 Shop 18A, Village Mall, c/o R511& Magalies Boulevard, Schoemansville, Hartbeespoort Hartbeespoortdam@engelvoelkers.com · www.engelvoelkers.com/hartbeespoortdam

2½

194m²

Estate

Duplex

E M XC A LU N S D IV A T E E

KwaZulu Natal · South Coast

Umtentweni Barbara Jackson 076 901 7397

Shelly Beach Web: ENV90087 ZAR 4,7 million

Kristina Schafer 076 890 9302

3½

460m²

Flatlet 3 Oﬃces

Brent Schafer 076 551 9771

2½

Uvongo

500m²

Ocean

FT Y

Ramsgate

Barbara Jackson 076 901 7397

Web: ENV90633 ZAR 1,995 million

Web: ENV91190 ZAR 3,5 million

FT 4

Uvongo Web: ENV68020 ZAR 3,615 million

Brent Schafer 076 551 9771

394m²

500m²

Ocean

Flat

Margate Geoff Smith 083 747 8312

Web:ENV89599 ZAR 1,6 million

300m²

Ocean

Natalie Herbert 082 785 5504

Web: ENV90476 ZAR 1,7 million

158m²

260m²

Flat

Geoff Smith 083 747 8312

Web: ENV90756 ZAR 1,095 million

FT Furnished

150m²

Ocean

Uvongo Web: ENV90564 ZAR 1,36 million

ST 3

Ramsgate Kristina Schafer 076 890 9302

Ramsgate Web: ENV90594 ZAR 1,749 million

FT 5

Ocean

ST 3

207m²

Ocean

Margate · Tel. +27(0)39 314 4642 Shop 6, Ramsgate Boulevard, Bond St, Ramsgate Margate@engelvoelkers.com · www.engelvoelkers.com/margate

KwaZulu-Natal · North Coast

Ocean

uMhlanga · Tel. +27(0)31 561 4353 · umhlanga@engelvoelkers.com Ballito · Tel. +27(0)2 946 7777 · ballito@engelvoelkers.com www.engelvoelkers.com/northcoast

Ocean

E M XC A LU N S D IV A T E E

Western Cape · Bloubergstrand

Bloubergstrand

Blouberg Sands

Claire Viljoen 072 372 6822

Web: ENV87152 POR

2281m²

Ocean

Edna Dalton 076 367 0028

Parklands North Thandi Mvuma 081 739 6227

270m²

Claire Viljoen 072 372 6822

609m²

Thandi Mvuma 081 739 6227

2½

Web: ENV90613 ZAR 2,7 million

180m²

Claire Viljoen 072 372 6822

187m²

Parklands North Web: ENV88864 ZAR 2,8 million

Langebaan Web: ENV90386 ZAR 2,595 million

262m²

Web: ENV90427 ZAR 3,1 million

M D A U N A D L A T E

Shelley Point Silvia Salm 084 614 0586

Edna Dalton 076 367 0028

West Beach Web: ENV90921 ZAR 3,095 million

134m²

E M XC A LU N S D IV A T E E

Big Bay Web: ENV90425 ZAR 3,3 million

Big Bay Web: ENV86857 ZAR 2,5 million

232m²

Edna Dalton 076 367 0028

Web: ENV89458 ZAR 1,48 million

72m²

Estate

Bloubergstrand · Tel. +27(0)21 554 2942 Shop 21, The Emporium Centre, Sandown Road, Sunningdale Bloubergstrand@engelvoelkers.com · www.engelvoelkers.com/bloubergstrand

Western Cape · Plattekloof & Surrounds

Parow, Plattekloof

Parow, De Tijger Ronel Reingruber 082 527 1784

Web: ENV90833 ZAR 10,58 million

500m²

24H

Jimmiette von Loggenburg 083 656 7600

Web: ENV90627 ZAR 8,4 million

740m²

1178m²

Mountain

Parow, Plattekloof Jimmiette von Loggenburg 083 656 7600

Web: ENV90480 ZAR 3,995 million

Patio

Engel & Völkers Plattekloof are recruiting This is where you come in Why not make a move to us. We are oﬀering innovative commission packages and exclusive areas. If you have a charismatic, entrepreneurial personality and a talent for sales, as well as a passion for real estate and a ﬁne sense of what discerning customers require, then you are just the right person for us – and Engel & Völkers is perfect for you! Choose Germany’s Top Employer 2015* and become part of the unique, global Engel & Völkers network!

For more information, contact Jimmiette von Loggenburg on 083 656 7600 or send your CV to Jimmiette.vonLoggenburg@engelvoelkers.com or sms EV CAREER PLATTEKLOOF and your name to 33282* (SMS charged at R1,50. Free minutes does not apply).

Gansbaai, Van Dyksbaai Ronel Reingruber 082 527 1784

Web: ENV91546 ZAR 755 000

FT 2

641m

Plattekloof & Surrounds · Tel. +27(0)21 911 2490 Shop 12, Panorama Healthcare Centre, Hennie Winterbach Street, Panorama Jimmiette.vonLoggenburg@engelvoelkers.com · www.engelvoelkers.com/south-africa

2H from CPT

Ocean

Western Cape · Durbanville & Surrounds

Uitzicht Marinda Hennings 082 451 7215

630m²

1623m²

Aurora Ernestine Kontogiannis 076 577 1018

3½

323m²

1005m²

Web: ENV90990 ZAR 3,999 million

Valmary Park Ernestine Kontogiannis Web: ENV90593 076 577 1018 ZAR 3.55 million

2½

398m²

2086m²

M D A U N A D L A T E

Web: ENV90804 ZAR 4,95 million

Eversdal Tanja Schoeman 076 950 9088

2½

Vierlanden Web: ENV86551 ZAR 2,995 million

291m²

946m²

D'urbanvale Ernestine Kontogiannis 076 577 1018

Study

Web: ENV84862 ZAR 2,5 million

Trisha De Waal 082 929 2050

2½

Web: ENV90462 ZAR 2,995 million

325m²

936m²

Sonstraal Heights Marinda Hennings Web: ENV90595 082 451 7215 ZAR 1,95 million

Sonstraal Heights Marinda Hennings Web: ENV90767 082 451 7215 ZAR 2,85 million

280m²

Study

1097m²

Protea Valley Stephen Da Silva 060 828 1811

Web: ENV90038 ZAR 1,65 million

FT Stand

4159m² Excellent

1½

143m²

468m² Excellent

Stand

1006m²

Excellent

Durbanville & Surrounds · Tel. +27(0)21 020 0136 Shop 46 Cobble Walk, Cnr de Villiers Road & Verdi Boulevard, Sonstraal Heights Durbanville@engelvoelkers.com · www.engelvoelkers.com/durbanville

Western Cape · Durbanville & Surrounds

Durbanville Farms Exquisite lifestyle farm situated on the Southern slopes of Rondeboschjesberg in the Durbanville region, surrounded by the richness and tranquillity, well associated with this area. The farm was originally a grain farm dating back to the beginning of the century. Today, historic grain towers and the barn still bear testimony to its roots in grain production, it is also one of the rare remaining farms with natural rhino veld and a small wet land.

There are 2 registered boreholes, a reservoir, water ﬁltration system as well as water from the Potsdam water scheme used for irrigation. The function facility is fully equipped to accommodate conferences, weddings, workshops, or team buildings with the capacity for 200 guests. The venue is currently only used for private functions and adds a real commercially viable business opportunity to the property. 2 large storage /workshop buildings allows for ample storage facilities, and equipment and certain farm vehicles are included in the price .

Driving in at the main entrance you will ﬁnd well-kept vineyards on both sides of the tarred road leading up to the main house, complimented by Canadian maple trees. This farm has 3 residential properties of which 1 is used by the farm manager, 10 staﬀ homes, a beautiful venue hall with a kitchen, a wellestablished herb and vegetable garden, tennis courts with a clubhouse, pool and much more. The farm boasts 57 ha of vineyard, 23 ha of olive trees (all under drip irrigation) and +-23 ha camps for grazing.

The current owner has registered a wine label under the farm's name and are producing a splendid Cabernet Sauvignon, Merlot, Shiraz and Sauvignon Blanc. The olive trees are relatively young but are producing olive oil under the farm name. Exquisite views and excellent location, 30min from Cape Town International Airport and 40min from Cape Town CBD. Morne Vorster Web: ENV90618 083 561 7820 ZAR 65 million

Engel & Völkers Durbanville welcomes Jessica Kolver We would like to introduce Jessica Kolver, our area specialist for Eversdal & Surrounds. Jessica has a B.Comm degree from Stellenbosch, a rich background in retail and has been in the property industry for the past 4 years, mainly focusing on developments. The most recent development being La Récolte Retirement Village in Stellenridge, where she has been involved from conceptualisation to sales. If you would like professional, friendly and knowledgeable advice, or if you need further information regarding La Récolte, please contact Jessica on 074 888 2132 or Jessica.Kolver@engelvoelkers.com

Durbanville & Surrounds · Tel. +27(0)21 020 0136 Shop 46 Cobble Walk, Cnr de Villiers Road & Verdi Boulevard, Sonstraal Heights Durbanville@engelvoelkers.com · www.engelvoelkers.com/durbanville

E M XC A LU N S D IV A T E E

Western Cape · Atlantic Seaboard & City Bowl

750m²

Ocean

Camps Bay Hans De Lange 083 295 1662

750m²

Web: ENV90547 ZAR 38,8 million

845m²

642m²

Built-in

Camps Bay Lorelle Curitz 079 565 7857 Hans De Lange 083 295 1662

Web: ENV90167 ZAR 16,95 million

Hout Bay Hans De Lange 083 295 1662

Web: ENV77169 ZAR 8,99 million

City Centre Sarah Jones 082 760 9447 Hans De Lange 083 295 1662

3½

Web: ENV88137 ZAR 29 million

298m² Mountain

Tamboerskloof Jean Lalonde 072 211 2024 Web: ENV90828 Hans De Lange 083 295 1662 ZAR 15,9 million

Mountain

E M XC A LU N S D IV A T E E

Web: ENV61732 ZAR 18,25 million

E M XC A LU N S D IV A T E E

Camps Bay Martin Visser 076 384 0292 Hans De Lange 083 295 1662

E M XC A LU N S D IV A T E E

Web: ENV90254 ZAR 45 million

E M XC A LU N S D IV A T E E

Camps Bay Martin Visser 076 384 0292 Hans De Lange 083 295 1662

Web: ENV90321 ZAR 8,9 million

City Centre Charlie Turner 072 965 7487 Hans De Lange 083 295 1662

Web: ENV86661 ZAR 6,95 million

ST 4

450m²

2½

134m²

Ocean

Camps Bay · Tel. +27(0)21 438 8722 Shop 6, Central Parade, cnr Camps Bay Dr & 89 Victoria Rd, Camps Bay CampsBay@engelvoelkers.com · www.engelvoelkers.com/campsbay

Web: ENV88153 ZAR 6,75 million

Web: ENV89452 ZAR 4,95 million

152m²

Ocean

Vredehoek Mongezi Mevana 074 557 2568 Hans De Lange 083 295 1662

150m²

Web: ENV87963 ZAR 4,795 million

Ocean

E M XC A LU N S D IV A T E E

Green Point Rose Polic 083 258 6619

Web: ENV90757 ZAR 2,3 million

62m²

Mountain

Gate

City Centre Janine Zillmann 084 409 6934 Hans De Lange 083 295 1662

Business

Sea Point Julie Haggiyannes 083 456 7303 Hans De Lange 083 295 1662

149m²

Ocean

Web: ENV90136 ZAR 5,65 million

De Waterkant Sarah Jones 082 760 9447 Hans De Lange 083 295 1662

109m²

Ocean

Web: ENV90371 ZAR 3,95 million

E M XC A LU N S D IV A T E E

Oranjezicht Charlie Turner 072 965 7487 Hans De Lange 083 295 1662

Web: ENV90612 ZAR 6 million

E M XC A LU N S D IV A T E E

Mountain Estate

E M XC A LU N S D IV A T E E

3½

Sea Point Michelle DuPreez 082 523 2623 Hans De Lange 083 295 1662

E M XC A LU N S D IV A T E E

Gardens Bernd Woelfe 072 305 8730

E M XC A LU N S D IV A T E E

M J A OI N N D T A T E

E M XC A LU N S D IV A T E E

Western Cape · Atlantic Seaboard & City Bowl

145m²

Sea Point · Tel. +27(0)21 434 4460 · SeaPoint@engelvoelkers.com Cape Town City Bowl · Tel. +27(0)21 462 5226 · CityBowl@engelvoelkers.com www.engelvoelkers.com/seapoint · www.engelvoelkers.com/capetown

Web: ENV90748 ZAR 2,2 million

Street

City Centre Janine Zillmann 084 409 6934 Hans De Lange 083 295 1662

Web: ENV91027 ZAR 1,995 million

93m²

Western Cape · Stellenbosch

Francshhoek Louis Heyns 082 728 4680

580m²

3.5ha

Johann Du Toit 082 572 5273

Longlands Web: ENV90292 ZAR 8,9 million

385m²

954m²

Louis Heyns 082 728 4680

Web: ENV90510 ZAR 7,25 million

370m²

770m²

E M XC A LU N S D IV A T E E

Krigeville Web: ENV85422 ZAR 13,8 million

Zevenwacht Louis Heyns 082 728 4680

De Wijnlanden Web: ENV80779 ZAR 6,65 million

550m²

6897m²

Robert Betts 082 304 1251

Paarl Johann Du Toit 082 572 5273

Paradyskloof Web: ENV91007 ZAR 5,95 million

500m²

1164m²

Johann Du Toit 082 572 5273

Paarl Web: ENV88349 ZAR 4,9 million

Web: ENV71674 ZAR 5,5 million

321m²

605m²

Wellington

Louis Heyns 082 728 4680

Web: ENV87647 ZAR 4,25 million

1000m² Mountian Central

Building Packages

Christiaan Olivier 081 020 7522

Web: ENV91421 ZAR 733 425

FT 5

200m²

25.41ha

Farm

Walks

Estate

427m²

Building Packages

Mountain

Stellenbosch · Tel. +27(0)21 861 7777 · Stellenbosch@engelvoelkers.com Stellengracht Building, 1 Plein Street, Stellenbosch, 7599 www.engelvoelkers.com/stellenbosch

International

Switzerland, Zug 4

Web ID: W-0249LE Price: € 7,117 million 2

Spain, Mallorca 4

approx 3000m²

Web ID: W-00GSH8 Price: € 3,5 million 3

Germany, Berlin 4

approx 873m²

United States, Colorado 4

Web ID: W-024L76 Price: € 1,6 million

Portugal Grande

approx 2881m²

approx 444m²

United States, Florida

approx 300m²

approx 1000m²

Web ID: E-0019SN Price: € 3,994 million

approx 16ha

approx 420m²

Web ID: E-001988 Price: € 2,39 million

Portugal Lisbon

approx 270m²

approx 269m²

Web ID: W-023RR5 Price: € 530 000 3

Southern Africa · Tel. +27(0)11 929 3096 Shop 6B, Centurion Lifestyle Centre, 80 Old Johannesburg Road, Centurion SouthAfrica@engelvoelkers.com · www.engelvoelkers.com/south-africa

Germany, Baden-Württemberg

approx 250m²

approx 126m²

approx 2400m²

approx 630m²

Web ID: W-013TBW Price: € 2,2 million 3

Portugal, Alentejo 3

Web ID: W-024DEU Price: € 3,9 million

approx 337m²

approx 215m²

Web ID: W-01LSJN Price: € 399 000 3

approx 1027m²

approx 172m²

INDUSTRY NEWS

Understanding the Business of Bonds The deposit depends on your LTV granted and varies from institution to institution as well as your property price and the client applying for the bond.

ery few South Africans can afford to pay for a property without financial assistance from a lending institution, and applying for a bond, or mortgage, is as much a part of buying a property as searching for the perfect home. There's a plethora of mortgage products from a wide variety of financial institutions, all demanding a huge amount of documentation, making the mortgage application process an intimidating one. “We at Engel & Völkers have built relationships with all the major South African banks, private banking institutions as well as various international banks” informed Craig Hutchison, CEO of Engel & Völkers Southern Africa. “As an international real estate brand that markets the finest property worldwide, we understand the unique requirements of our clients, and that one product does not necessarily fit all. This service, insight and support is what sets Engel & Völkers South Africa apart as a real estate company of distinction”. With so many facets included in a property transaction from the date of signing to the actual transfer, we have compiled a guideline to help you prepare and know what to expect before you are face to face with the unknown. Budget: If you're in the market for a homeloan, ensure that a credit crunch does not affect your ability to obtain a loan and that your credit status is in order. Banks don't like risk and therefore take the approval of loans very seriously. It is thus very important that you are aware of all additional costs you could occur. Except for the actual homeloan, you will also need to budget for the following items: Initiation Fees: A bond initiation fee of R5 700 (the maximum fee as prescribed by the NCA) will be added to your bond. Deposit: Although some banks still allow a 100% loan, it is advisable to ensure you have a deposit at hand should your loan be granted at a lower LTV (Loan to value = ratio of a loan to the value of an asset purchased).

Fo r a b a s i c g u i d e l i n e p l e a s e r e f e r t o www.engelvoelkers.com/south-africa for the latest LTV's but to give you a rough idea you could use this guideline: § Property up to R2.5 million: 10% § Property over R2.5 million: 20% – 25% § Vacant land: 60% § Building loans: Same criteria as with existing new loans Transfer duty: Applies to properties above R750 000. This includes your Attorney fees, VAT, Deeds office fees and fees to transfer the property onto your name. This is based on the purchase price. Also allow for additional costs such as rates, clearances and levies, postages and petties etc. Bond costs: This fee is based on the amount of the bond taken up and includes your attorney fees and the costs for drawing up the bond documentation, bond fee, VAT, deeds office fees and could again include some extras, so ensure you allow for an additional buffer. For the latest Transfer & Bond fee lists, please refer to www.engelvoelkers.com/south-africa.

products and rates on the market. They can assess your affordability and explain everything that you should be aware of. The application South Africa has a thriving mortgage origination industry that has stepped in to help home owners through the process of applying for a bond. While mortgage origination companies are not banks themselves, they have to adhere to strict, legislated criteria in order to do business. Once they have achieved all the necessary accreditations, they interact with the major retail banks on behalf of their clients. It's worth remembering that interest rate discounts offered are based on the information that an applicant supplies, which determines their risk profile and credit-worthiness. 70% of bond applications in South Africa are processed completely electronically and while discounts vary from bank to bank, a mortgage originator can actually negotiate on an applicant's behalf, to secure the most favorable rates, with the banks, and present you with the option that most suits your circumstances. This service will come at no additional cost to you. One of the most important things that a bond originator will do is to make sure that a bond applicant has supplied all the paperwork demanded by the National Credit Act (NCA), the Financial Intelligence Centre Act (FICA) and other legislation governing usury. A bank will not even consider a loan application without all of this information, and will reject an incomplete submission pending the supply of all the documents required. This wastes time, and may jeopardise the purchase of the property.

Qualifying Criteria: With reference to the credit scoring, banks will generally look at the following criteria: 1. Can you afford the property (30% of your gross income). 2. They will want to see your income and expenditure to establish whether you can service the bond once all your deductions and expenses have been taken into account. 3. The bank will also consider how much debt you are already exposed to. 4. If your scorecard produces a negative credit risk, it means you are a credit risk, and your loan will automatically be declined. 5. The Credit Bureau should be clear of any judgments or anything negative on your credit history. 6. Your payment history for retail accounts and the management of your personal bank account will also be considered. 7. Lastly, the property must offer excellent financial security – overpriced properties could cost you your dream of owning a home.

“Qualifying for a bond these days can be tricky, but by using the services of our in-house mortgage originators, our clients are aware of all the options and procedures and can avoid a lengthy or even disappointing experience,” advises Craig Hutchison, CEO of Engel & Völkers South Africa. “We have skilled professionals in each office of Engel & Völkers who are able to assist our clients with all their finance requirements. We facilitate finance agreements with a variety of financial institutions with whom we have built strong relationships over the years. These specialists are close to the agent who has facilitated the deal, so they are aware of all the details that a third party mortgage originator may not be. In addition to facilitating bond applications, they can also refer the clients to our network of tax specialists, transfer attorneys and other key professionals, saving them the inconvenience of searching for a reliable service provider”.

Pre-Qualification: With so many factors to be taken into account, why not get yourself pre-qualified? It is advisable to consult with a bank or mortgage originator, who has specialized knowledge of the numerous

Following all of these steps, you can confidently make an offer on your new home. You will also save yourself a lot of time and hassle at a time when you should be focusing on the purchase of your dream home.

SBSA clients 100%

Non SBSA clients 100%

80% 80%

R2.5m to R3m

Higher than R3m

Max 70%

Max 50%

SA Citizens Working Abroad

Temporary Residents/Foreign Nationals

90% 90% 80%

Dream start/Jumpstart Between R3500 - R20 000

Up to R1.5m Below R2.5m Over R2.5m

60 - 80%. Minimum size 120m2. Maximum size 20 ha. Maximum loan tero 10 yrs. Access Bond: Facility can only be applied for after registration of bond and is only available to borrowers who have their monthly income deposit to a SBSA current or E-Plan account. No maximum age - to be considered on merit

Vacant Land with future use amount - Refer to Vacant land LTV for land purchases; Future use Building loan LTV’s as per New Loans

80%

100%

Building Packages - As per New Loans

90%

R1.5m to R2.5m

Up to R1.5m

80%

Higher than R3m

100%

80%

R2.5 to R3m

100%

90%

100%

SBSA clients

R1.5 to R2.5m

Up to R1.5m

Non SBSA clients

Up to 30 years

Single/Joint Salary

Further Loans

Vacant Land

Building Loans

New Loans Self Employed Clients

New Loans Employed Clients

Loan Term

FINANCE

ABSA clients Up to 90% Up to 85% Up to 75% Up to 95% Up to 90%

90%

100%

Up to 90%

Up to 95%

Up to 100%

Up to 90%

Up to 95%

90%

95%

100%

Max 50% (For Temporary Residents, refer normal LTV criteria)

Refer to New Loans - Employed Clients

My Home Up to R20 000

Non-Nedbank Clients

Nedbank Clients

Non-Nedbank Clients Max 100% Self Employed Max 95% Non Nedbank Client applications Max 90% will be Maxnot 80% considered

Max 100% Max 95% Max 90% Max 80% Bank to Assess

Nedbank Clients

Max 80% LTV will apply in the following instrances;

Non residents (non SA citizen and no work permit): up to 50%. Foreign nationals working in SA with remaining work permit longer than 3 years: up to 50%. Must have an active FNB account for at least a year. Must sign a declaration with bankers that FNB is his/her primary bankers for exchange control purposes.

1. The application is a joint application and the main income earner is a South African Citizen – the temporary resident must be the co-applicant and the lower income earner. 2. Proof must be supplied of the Temporary Resident having a bank account at any South African Bank. If the Temporary Resident is unemployed, no proof of listing with a bank is required. 3.Valid work permit

Max 50%

Min R3500 Combined Income. Max gross monthly income for a single applicant is R25,000. Joint R50,000. Income per applicant is limited to R25,000. Despite the joint income being R50,000, single gross monthly income of an applicant exceed R25,000.

Branch Direct only.

Not considered

Refer to New loans, same parameters and LTV’s apply

Private Clients - Full time employed:Same as Ordinary loans SA Citizens living and working in SA - Full time employed

≤ 2.5m > R2.5m - ≤ R3m > R3m - ≤ R3.5m > R3.5m - ≤ 5m > 5m

Purchase price

≤ 2.5m Max 100% Max 100% > R2.5m - ≤ R3m Max 95% Max 95% > R3m - ≤ R3.5m Max 90% Max 90% > R3.5m - ≤ 5m Max 80% Max 80% > 5m Bank to Assess Private Clients - Full time employed Same as Ordinary loans SA Citizens living and working in SA - Full time employed

Purchase price

Up to 25 years

Max 50%

Maximum loan amount based on Salary. Non- Nedbank clients are not considered.

Direct Channels only

All retail customers, full time employed: Purchase price < R2m = Up to 95%. Purchase price R2m - R3m = Up to 90%, Purchase price > R2m = Up to 85% All retail customers, Self-employed Clients: Purchase price < R3m = Up to 85%. Purchase price > R3m = Up to 75%

85%

90%

Up to 60% Max loan term 10 yrs, age 65 yrs Minimum size 150m2, maximum size 8.5 (2 hectares for vacant land) Flexi-option. Facility can be applied for when applying for a home loan, but will only provide access to excess funds deposit.

R3m and over

Up to R3m

One Account: Up to 105%. The repayable portion not to exceed 100%

> R3m

R2.5m - R3m

< R2.5m

R3m and over

R2.5m to R3m

Up to R2.5m

Salaried-FNB and non-FNB transactional clients

Maximum 20 years

Up to 60%. Maximum size 25 hectares. Maximum loan term 30 yrs. Flexi reserve can only be applied for after registration of bond. No maximum age.

All retail customers full time employed & self-employed Purchase price < R2m = 85%. Purchase price > R2m = 75%. Purchase price over R3m = 70%.

Legal Entity with 3 participants or more (existing customers)<R3m=Max 80%. Purchase Price >R3m=Max 75%. Legal Entity 3 participants or more(New to bank) Purchase price <R3m Max 70% Purchase >R3m = 65%

Non ABSA clients Purchase price <R2m Up to 90% Purchase price R2m - R3m Up to 85% Purchase price >R3m Up to 75% ABSA PRIVATE BANK CLIENTS: PP <R3m ABSA PRIVATE BANK CLIENTS: PP >R3m

Over R3m

Up to R3m

Private Bank Clients

Over R3m

R2m - R3m

Up to R2m

ABSA and Non-ABSA clients

Up to 30 years

* Figures shown are accurate at the date of printing.

Although every effort has been made to ensure the accuracy of the contents, the Engel & Völkers group accept no liability in respect of any errors contained herein.

ALL BANKS MAXIMUM LTV’S

2015 2016 Purchase Price / Bond Amount

TRANSFER & BOND COSTS Total Transfer Transfer Costs Duty Natural Natural & & Legal Legal Person Person

TRANSFER COSTS Transfer Fee

VAT

Deeds Ofﬁce

BOND COSTS Bond Fee

VAT

Deeds Ofﬁce

Total Bond Costs

60,000.00

3,950.00

553.00

35.00

4,538.00

3,360.00

470.40

340.00

4,170.40

70,000.00

3,950.00

553.00

35.00

4,538.00

3,360.00

470.40

340.00

4,170.40

75,000.00

3,950.00

553.00

35.00

4,538.00

3,360.00

470.40

340.00

4,170.40

80,000.00

3,950.00

553.00

35.00

4,538.00

3,360.00

470.40

340.00

4,170.40

85,000.00

3,950.00

553.00

35.00

4,538.00

3,360.00

470.40

340.00

4,170.40

90,000.00

3,950.00

553.00

35.00

4,538.00

3,360.00

470.40

340.00

4,170.40

95,000.00

3,950.00

553.00

35.00

4,538.00

3,360.00

470.40

340.00

4,170.40

100,000.00

3,950.00

553.00

35.00

4,538.00

3,360.00

470.40

340.00

4,170.40

105,000.00

4,375.00

612.50

75.00

5,062.50

3,500.00

490.00

340.00

4,330.00

125,000.00

4,375.00

612.50

75.00

5,062.50

3,500.00

490.00

340.00

4,330.00

130,000.00

4,550.00

637.00

75.00

5,262.00

3,625.00

507.50

340.00

4,472.50

150,000.00

4,550.00

637.00

75.00

5,262.00

3,625.00

507.50

340.00

4,472.50

155,000.00

4,900.00

686.00

440.00

6,026.00

3,900.00

546.00

380.00

4,826.00

175,000.00

4,900.00

686.00

440.00

6,026.00

3,900.00

546.00

380.00

4,826.00

180,000.00

5,130.00

718.20

440.00

6,288.20

4,030.00

564.20

380.00

4,974.20

200,000.00

5,130.00

718.20

440.00

6,288.20

4,030.00

564.20

380.00

4,974.20

205,000.00

5,600.00

784.00

440.00

6,824.00

4,435.00

620.90

380.00

5,435.90

250,000.00

5,600.00

784.00

440.00

6,824.00

4,435.00

620.90

380.00

5,435.90

255,000.00

6,410.00

897.40

440.00

7,747.40

4,970.00

695.80

380.00

6,045.80

300,000.00

6,410.00

897.40

440.00

7,747.40

4,970.00

695.80

380.00

6,045.80

305,000.00

6,880.00

963.20

550.00

8,393.20

5,510.00

771.40

550.00

6,831.40

350,000.00

6,880.00

963.20

550.00

8,393.20

5,510.00

771.40

550.00

6,831.40

355,000.00

7,460.00

1,044.40

550.00

9,054.40

6,180.00

865.20

550.00

7,595.20

400,000.00

7,460.00

1,044.40

550.00

9,054.40

6,180.00

865.20

550.00

7,595.20

410,000.00

8,050.00

1,127.00

550.00

9,727.00

6,720.00

940.80

550.00

8,210.80

450,000.00

8,050.00

1,127.00

550.00

9,727.00

6,720.00

940.80

550.00

8,210.80

460,000.00

8,750.00

1,225.00

550.00

10,525.00

7,260.00

1,016.40

550.00

8,826.40

500,000.00

8,750.00

1,225.00

550.00

10,525.00

7,260.00

1,016.40

550.00

8,826.40

510,000.00

9,910.00

1,387.40

550.00

11,847.40

8,440.00

1,181.60

550.00

10,171.60

600,000.00

9,910.00

1,387.40

550.00

11,847.40

8,440.00

1,181.60

550.00

10,171.60

610,000.00

11,070.00

1,549.80

770.00

13,389.80

9,620.00

1,346.80

770.00

11,736.80

700,000.00

11,070.00

1,549.80

770.00

13,389.80

9,620.00

1,346.80

770.00

11,736.80

710,000.00

12,230.00

1,712.20

770.00

14,712.20

10,800.00

1,512.00

770.00

13,082.00

800,000.00

12,230.00

1,712.20

770.00

1,500.00

16,212.20

10,800.00

1,512.00

770.00

13,082.00

810,000.00

13,390.00

1,874.60

880.00

1,800.00

17,944.60

11,980.00

1,677.20

880.00

14,537.20

900,000.00

13,390.00

1,874.60

880.00

4,500.00

20,644.60

11,980.00

1,677.20

880.00

14,537.20

910,000.00

14,550.00

2,037.00

880.00

4,800.00

22,267.00

13,160.00

1,842.40

880.00

15,882.40

1,000,000.0 0

14,550.00

2,037.00

880.00

7,500.00

24,967.00

13,160.00

1,842.40

880.00

15,882.40

1,100,000.00

15,130.00

2,118.20

990.00

10,500.00

28,738.20

13,750.00

1,925.00

990.00

16,665.00

1,200,000.00

15,710.00

2,199.40

990.00

13,500.00

32,399.40

14,340.00

2,007.60

990.00

17,337.60

1,300,000.00

16,290.00

2,280.60

990.00

18,000.00

37,560.60

14,930.00

2,090.20

990.00

18,010.20

1,400,000.00

16,870.00

2,361.80

990.00

24,000.00

44,221.80

15,520.00

2,172.80

990.00

18,682.80

Purchase Price / Bond Amount

Total Transfer Transfer Costs Duty Natural Natural & & Legal Legal Person Person

TRANSFER COSTS Transfer Fee

VAT

Deeds Ofﬁce

BOND COSTS Bond Fee

VAT

Deeds Ofﬁce

Total Bond Costs

1,500,000.00

17,450.00

2,443.00

990.00

30,000.00

50,883.00

16,110.00

2,255.40

990.00

19,355.40

1,600,000.00

18,030.00

2,524.20

990.00

36,000.00

57,544.20

16,700.00

2,338.00

990.00

20,028.00

1,700,000.00

18,610.00

2,605.40

990.00

42,000.00

64,205.40

17,290.00

2,420.60

990.00

20,700.60

1,800,000.00

19,190.00

2,686.60

990.00

49,000.00

71,866.60

17,880.00

2,503.20

990.00

21,373.20

1,900,000.00

19,770.00

2,767.80

990.00

57,000.00 80,

2,000,000.00

20,350.00

2,849.00

990.00

65,000.00

527.80

18,470.00

2,585.80

990.00

22,045.80

89,189.00

19,060.00

2,668.40

990.00

22,718.40

2,100,000.00

20,930.00

2,930.20

1,200.00

73,000.00

98,060.20

19,650.00

2,751.00

1,370.00

23,771.00

2,200,000.00

21,510.00

3,011.40

1,200.00

81,000.00

106,721.40

20,240.00

2,833.60

1,370.00

24,443.60

2,300,000.00

22,090.00

3,092.60

1,200.00

90,500.00

116,882.60

20,830.00

2,916.20

1,370.00

25,116.20

2,400,000.00

22,670.00

3,173.80

1,200.00

101,500.00

128,543.80

21,420.00

2,998.80

1,370.00

25,788.80

2,500,000.00

23,250.00

3,255.00

1,200.00

112,500.00

140,205.00

22,010.00

3,081.40

1,370.00

26,461.40

2,600,000.00

23,830.00

3,336.20

1,200.00

123,500.00

151,866.20

22,600.00

3,164.00

1,370.00

27,134.00

2,700,000.00

24,410.00

3,417.40

1,200.00

134,500.00

163,527.40

23,190.00

3,246.60

1,370.00

27,806.60

2,800,000.00

24,990.00

3,498.60

1,200.00

145,500.00

175,188.60

23,780.00

3,329.20

1,370.00

28,479.20

2,900,000.00

25,570.00

3,579.80

1,200.00

156,500.00

186,849.80

24,370.00

3,411.80

1,370.00

29,151.80

3,000,000.00

26,150.00

3,661.00

1,200.00

167,500.00

198,511.00

24,960.00

3,494.40

1,370.00

29,824.40

3,100,000.00

26,730.00

3,742.20

1,200.00

178,500.00

210,172.20

25,550.00

3,577.00

1,370.00

30,497.00

3,200,000.00

27,310.00

3,823.40

1,200.00

189,500.00

221,833.40

26,140.00

3,659.60

1,370.00

31,169.60

3,300,000.00

27,890.00

3,904.60

1,200.00

200,500.00

233,494.60

26,730.00

3,742.20

1,370.00

31,842.20

3,400,000.00

28,470.00

3,985.80

1,200.00

211,500.00

245,155.80

27,320.00

3,824.80

1,370.00

32,514.80

3,500,000.00

29,050.00

4,067.00

1,200.00

222,500.00

256,817.00

27,910.00

3,907.40

1,370.00

33,187.40

3,600,000.00

29,630.00

4,148.20

1,200.00

233,500.00

268,478.20

28,500.00

3,990.00

1,370.00

33,860.00

3,700,000.00

30,210.00

4,229.40

1,200.00

244,500.00

280,139.40

29,090.00

4,072.60

1,370.00

34,532.60

3,800,000.00

30,790.00

4,310.60

1,200.00

255,500.00

291,800.60

29,680.00

4,155.20

1,370.00

35,205.20

3,900,000.00

31,370.00

4,391.80

1,200.00

266,500.00

303,461.80

30,270.00

4,237.80

1,370.00

35,877.80

4,000,000.00

31,950.00

4,473.00

1,200.00

277,500.00

315,123.00

30,860.00

4,320.40

1,370.00

36,550.40

4,100,000.00

32,530.00

4,554.20

1,650.00

288,500.00

327,234.20

31,450.00

4,403.00

1,660.00

37,513.00

4,200,000.00

33,110.00

4,635.40

1,650.00

299,500.00

338,895.40

32,040.00

4,485.60

1,660.00

38,185.60

4,300,000.00

33,690.00

4,716.60

1,650.00

310,500.00

350,556.60

32,630.00

4,568.20

1,660.00

38,858.20

4,400,000.00

34,270.00

4,797.80

1,650.00

321,500.00

362,217.80

33,220.00

4,650.80

1,660.00

39,530.80

4,500,000.00

34,850.00

4,879.00

1,650.00

332,500.00

373,879.00

33,810.00

4,733.40

1,660.00

40,203.40

4,600,000.00

35,430.00

4,960.20

1,650.00

343,500.00

385,540.20

34,400.00

4,816.00

1,660.00

40,876.00

4,700,000.00

36,010.00

5,041.40

1,650.00

354,500.00

397,201.40

34,990.00

4,898.60

1,660.00

41,548.60

4,800,000.00

36,590.00

5,122.60

1,650.00

365,500.00

408,862.60

35,580.00

4,981.20

1,660.00

42,221.20

4,900,000.00

37,170.00

5,203.80

1,650.00

376,500.00

420,523.80

36,170.00

5,063.80

1,660.00

42,893.80

5,000,000.00

42,000.00

5,880.00

1,650.00

387,500.00

437,030.00

42,000.00

5,880.00

1,660.00

49,540.00

Transfer Duty Natural & Legal Person R0.00 - R750, 000.00 = (0%) Exempted R750,000.01 - R1,250,000.00 = 3% of the value above R750 000.00 R1,250,000.01 - R1,750,000.00 = R15 000.00 + 6% of the value above R1 250 000.00 R1,750,000.01 - R2,250,00.00 = R45 000.00 + 8 % of the value above R1 750 000.00 R2,250,000.01 - R10,000,000 = R85 000.00 + 11% of the value above R2 250 000.00 R10,000,000.00 upwards = R937 500.00 + 13% of the value above R10 000 000.00 Additional Costs - Rates, Clearances and Levies / Postages & Petties

Congratulations to our TOP ACHIEVERS

TOP ACHIEVERS B

eing a real estate agent takes a lot of hard work and perseverance. It is not simply signing an offer to purchase - there are many activities which need to take place leading up to the successful conclusion of an offer. We ensure that our appointed sales advisors are correctly trained and ready to deal with the ongoing changes in the environment they work in and have targets which they need to strive to achieve. Herewith our top agents for the last month:

Top Achievers

HENNIE STEYN 083 386 3958

JACKIE DE WAAL 084 581 0404

CANDICE DE SOUSA 072 754 1651

ADRI SCHEEPERS 082 853 2156

JACKIE VAN ZYL 079 246 6703

KwaZulu-Natal | North Coast: Zimbali, Simbithi, Brettenwood, Beach front

Western Cape | Kalk Bay: Kalk Bay, St James

Gauteng | West Rand: Wilgeheuwel, Randpark

Gauteng | Bryanston 路 Sandton: Bryanston, River Club, Mill Hill

Gauteng | Centurion: The Reeds, Rooihuiskraal

GCINA NKAU 084 425 8319

JAMES LE BIHAN 082 777 3543

JURGEN SCHRECK 071 378 0203

LESLIE BORLAND 061 522 5039

LIZETTE SAAIMAN 076 784 6669

Gauteng | West Rand: Willowbrook, Amarosa

Gauteng | Fourways 路 Broadacres: Cedar Lakes, Cedar Creek, Fourways Gardens

North West | Potchefstroom: Lekwena, Van der Hoff, Tuscany, Grimbeeckpark, Baillie & Old Baillie Park, Oewersig, Dam area, Heilige Akker

Gauteng | Hyde Park: Melrose, Northcliff

North West | Hartbeespoort Dam: Melodie

MARTIN VISSER 076 384 0292

MOIRA BECKER 082 374 4349

NADINE HOBKIRK 083 636 5083

REYNARD VORSTER 061 827 8713

SCOTT RIDDELL 082 561 8650

Western Cape | Camps Bay: Camps Bay

North West | Hartbeespoort Dam: Estate d'Afrique, Eagles Landing, Peacanwood, The Island, Caribbean Beach Club

Gauteng | Centurion: Doringkloof, Die Hoewes, Lyttleton

North West | Potchefstroom: Baillie Park, Mooivallei Park, van der Hoff Park, Grimbeek Park

Gauteng | Fourways 路 Broadacres: Douglasdale, Fourways, Norscot

SURETHA ENGELBRECHT 082 661 1720

SCOT ROSS 082 073 0140

SUSAN LATTER 082 442 2076

SUSAN CROUCAMP 083 260 9549

VERE KILLASSY 083 601 1309

North West | Potchefstroom: Baillie Park

KwaZulu-Natal | North Coast: uMhlanga (Freehold), Herrwood Park, Prestondale, Izinga Ridge, Hawaan Forest Estate

KwaZulu-Natal | North Coast: La Lucia, La Lucia Ridge, Ilala Ridge Estate

Gauteng | Centurion: Highveld, Irene

Gauteng | Fourways 路 Broadacres: Jukskeipark, Waterford Olivewood Estates