NG Edition 11/2016

NATIONAL GUIDE TO REAL ESTATE PROPERTY NEWS & INFORMATION

Free Copy Edition 11 published by

Cover Feature Western Cape · Camps Bay It is All About the Mandate Bruce Willis' Home For Sale Engel & Völkers Expands Rapidly Are You Prepared for the December Holidays?

‘16

ISSUE 98

NG

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

Become part of our future

Licence Area available: Midrand & Surrounds AREAS INCLUDED: Barbeque Downs; Blue Hills; Carlswald; Ebony Park; Grand Central; Halfway Gardens; Halfway House Estate; Hospital View; Kaalfontein; Kyalami; Midrand; Midridge Park; Noordwyk; President Park; Randjiesfontein; Randjies Park; Saddlebrook Estate; Summerset; Vorna Valley; Waterfall Country Estate; Willaway

LICENCE FEE: R320 000 (Excl VAT) - Includes international training in Hamburg, Germany

UNIT SALE GROWTH:

SALES GROWTH

30 % growth over the last 3 years 2013: 160 units per month 2014: 195 units per month 2015: 214 units per month

2014: R1,76 billion (Average R147 million p.m.)

2015: R2,58 billion (Average R215 million p.m.)

AVERAGE PROPERTY PRICE: Sectional title units can start at around R700 000, however the average value is around R1,2million. Full title properties range anywhere between R1,4 million up to R8 million, depending on the suburb.

PROPERTY TYPE:

DEMOGRAPHICS:

Estates: 21.5% Sectional Title: 56% Freehold: 22.5%

LSM 9 and 10: 70% LSM 7 and 8: 20% LSM 4 and 7: 10%

PERIOD OF OWNERSHIP:

AGE OF RESIDENTS:

Predominantly 3 and 7 years

Highest percentage are 36 - 49

For more information sms EV FRANCHISE and your e-mail address to 33282* or contact: Craig Hutchison · +27(0)83 630 8683 Craig.Hutchison@engelvoelkers.com *SMS charged at R1,50. Free minutes do not apply.

Tel. 0860 22 77 77 www.engelvoelkers.com/south-africa

WELCOME INSIDE WESTERN CAPE Atlantic Seaboard Southern Suburbs Bloubergstrand Durbanville & Surrounds Plattekloof & Surrounds Paarl & Franschhoek

1 1; 5 - 6 7 8 11; 14 12 13

K WA Z U L U - N ATA L

15

North Coast

15

SPECIAL FEATURES 1 Welcome 1 Cover Feature: Western Cape, Camps Bay 23 Property Icon Legend

INDUSTRY NEWS 3 Market Review: Western Cape 9 It is All About the Mandate

N O RT H W E S T

17

Potchefstroom Hartbeespoort Dam

17 18

LIFESTYLE FEATURES 2

LIMPOPO Hoedspruit

19 19

Inside Out | Outside In

23 Are You Prepared for the December Holidays?

OBC Movember Special

G AU T E N G

21

Pretoria, New East 21 Pretoria, Old East 22 Centurion & Midrand 25 - 28 Johannesburg, Fourways | Broadacres 29 - 31 Johannesburg, Lonehill 32 Johannesburg, Bryanston | Sandton 33 - 34 Johannesburg, Hyde Park 14; 20; 35 - 36 Johannesburg, The Parks 37 Johannesburg, West Rand 39

GLOBAL Yachts

40 40

CORPORATE NEWS 13

Engel & Völkers Extends Winelands Reach 16

Engel & Völkers Top Performers

20 New Projects Licence Sold: Engel & Völkers Signature Projects 38

Engel & Völkers Lists Bruce Willis’ Home

FINANCE NEWS 41 Property Process 42 Latest Bank LTV’s 43 Transfer and Bond Costs

Real Estate Terms Defined Backup offer: A backup offer is when a Seller has accepted an offer from a Buyer, but has the option to still keep on accepting offers from other Buyers. Sellers state that they are accepting backup offers if they think the current offer may fall through, due to a subject to, or if the purchaser does not perform in terms of the offer to purchase.

‘Subject to' offers: Subject to is a common clause in an Offer to Purchase meaning that the sale of the property is subject to the sale of another property. This is a suspensive condition ensuring that if the other transaction does not take place, the transaction lapses and therefore you do not run the risk of the financial commitment of two bonds.

Approval in Principle: The bank approves the loan subject to a property valuation and sometimes with other conditions attached.

Final Grant: The bank officially grants the home loan and sends the purchaser all the documentation for signature before your bond is approved.

WELCOME

Publisher Engel & Völkers Southern Africa Editor Craig Hutchison

Dear readers,

A

s the year draws to a close, with only one month left until Christmas fever sets in, I believe that many of you are also rushing to get as much items ticked off as possible, before the year is over.

At Engel & Völkers we are still in the fast-lane, with 2 new additions to the network.

The first of which is our Signature Projects Licence (turn to page 20) and the second our expansion of the network to Paarl and Franschhoek (page 13). This has been our biggest expansion year with a total of 8 licences sold and we anticipate even further growth in 2017.

Some other news of interest in this edition includes a feature on Mandates and its importance, as well as a special feature on preparing for the December holidays to ensure that you can go away with peace of mind that your property is protected. For some special offers from our partners, turn to page 2 and of course our regular financial information section from page 41 which includes everything you need to know about the property transfer process, LTV’s and Bond and Transfer costs.

In closing, I am sure that everyone will share my appreciation for the rain which we have received thus far and hope that much more can be expected as the country is still in dire need – so we urge all to still be conscious about water saving as it should become a way of life to preserve our resources. November also celebrates Movember and we have some ‘feel-good’ tips and treats on our outside back cover, in support of Men’s Health.

Until next month,

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 Western Cape · Camps Bay Villa Prima - Endless breathtaking views Nestled between the Twelve Apostles Mountain Range and the beautiful beach of Camps Bay - that itself welcome the waves of the Atlantic Ocean, this magnificent property has been designed with incredible attention to detail and offers breathtaking views in whichever direction you look. The same beautiful views of the mountains or ocean are available from each of the en suite bedrooms.

Outside you will find a built-in braai on the covered front deck area as well as in the wonderfully private, back garden to ensure you can enjoy the outdoors whatever the weather.

The home is fully automated and has a central IPAD control for all lights, blinds, air conditioning and alarm systems. And for even more luxury, the lift services all three floors of this incredible home, which includes a large gym and sauna.

All of the restaurants and attractions of Cape Town are not far away, and the tranquil location means you can avoid the busy coastal traffic by taking the back road into the city in the summer months.

This home is also a fantastic investment and income earner. It is currently being managed by Engel & Völkers and produces an income of R 30 000 (2000 euros) per night for short term rentals in the peak season.

Camps Bay · Tel. +27 (0)21 438 8722 Web: ENV90254 CampsBay@engelvoelkers.com ZAR 45 million

1

INSIDE OUT | OUTSIDE IN

COUPON

#

Receive 5% off all Plantation Shutters’ orders for the month of November 2016. Visit www.plantation and contact us for a quote via the contact page, adding the promo code EV Real Estate to your email.

COUPON

#

Receive 10% off all Modiwall orders for the month of November 2016. Visit www.modiwall.com and contact us for a quote via the contact page, adding the promo code EV Greenwall to your email.

Tel. 011 463 6060 | info@thecrowncollection.co.za

COUPON

#

Receive 25% off all blinds ordered from Florstore OnTrend for November & December 2016. Visit www.florstore.co.za and contact us for a quote via the contact page, adding the promo code EV Home to your email.

COUPON

#

Receive 15% discount on all items purchased for the month of November. Simply visit www.thecrowncollection.co.za and quote the voucher code EVTCC upon check-out, or bring this advert with when visiting the store.

2

MARKET NEWS

Area Review:

Western Cape

U

ndoubtedly the most well known region in South Africa by overseas and local residents alike, the Western Cape boasts scenic beauty, with some of the best wonders of the world as well as being an economic

hub.

From Vredendal to Cape Town, Plettenberg Bay to Beaufort West – the Western Cape encompasses a wide stretch with a variety to choose from. Be it a farm or an apartment, country or city – the Western Cape region offers it all, and within easy reach of the main metropolis.

The area offers properties ranging from family homes, exclusive properties, townhouses and flats to small holdings and farms. “Prices start from just under a million up to R10 million in areas like Welgemoed, Welgedacht Estate and Bellville. Areas such as Uitzicht, Pinehurst and Sonstraal Heights are extremely popular family suburbs” noted Antoinette Swanpoel, Licence Partner of Engel & Völkers Durbanville.

Plattekloof & Surrounds Plattekloof is situated about 20 km outside of the city centre of Cape Town, on the N1 en route to Paarl. The area backs on to the Tygerberg hills and from here you can see right across to the city, including Table Mountain and the ocean.

The suburb shares a border with De Grendel wine estate, which sits on top of this same hill and forms part of the Durbanville Wine Route, with top quality wine estates to visit. Plattekloof is ideally placed for quick access to the winelands and for keen golfers, the Bellville golf course is at your doorstep. For the self-confessed shopaholic, visitors who stay in Parow have access to the modern shopping scene in Cape Town. The gigantean Canal Walk, Tygervalley shopping centre, and the Willowbridge lifestyle centre offers hours of entertainment, add the Grand West Casino, which lies close to Parow, to the recipe for a memorable spending spree.

“If we solely focus on property investments, the main city of Cape Town and its neighbouring areas is definitely the focus point and with our unique property shops located throughout the region, we are sure to find you the perfect home or investment. Simply visit www.engelvoelkers.com/south-africa to locate the property sales advisor in your desired location” advised Craig Hutchison, CEO of Engel & Völkers Southern Africa.

Jimmiette von Loggenburg, Licencee of Engel & Völkers Plattekloof says that property in the area varies depending on the Suburb. Sectional title units such as townhouses or flats start from around R700 000 and could reach the R1.8 million mark. Full title family homes vastly depends on the size and location, but you could expect to pay anywhere from R2.3 million upwards.

Western Seaboard

Cape Town

Blouberg The Bloubergstrand area boasts with amenities which include world class medical facilities, top-end private schools, a quality family lifestyle, blue flag beaches, good infrastructure and local governance. The Blouberg beachfront offers beautiful white sand beaches, world class kite-surfing and without doubt the best views of Table Mountain and Robben Island the country has to offer.

Many foreigners have either invested or elected it as a retirement destination.

Camps Bay & City Bowl, City Centre Camps Bay is best known for the cobalt ocean, pristine beaches, cafes and restaurants, but is also home to one of the most opulent property collections found anywhere in the world. It is equally diverse, spanning the genteel villas of Fresnaye, the stylish contemporary beachside and ocean view properties of Bantry Bay, Clifton and Camps Bay, the dramatically located apartments of Bakoven and Llandudno, and the panoply of designs in Hout Bay. The area remains extremely popular as both a residential neighbourhood and a holiday destination, and given its enduring popularity with holidaymakers, a significant percentage of interest comes from overseas buyers. Consequently many properties are bought for investment purposes and are used as holiday homes.

“The multiplicity of style and value along the seaboard is significant; properties currently listed range from R2.3 million up to R150 million” notes Paul Turner, Licence Partner of the region.

“The area has a stable and diverse economy with property investments in the area showing a constant positive return and growth. The Sunningdale / Parklands North precinct is experiencing a burst of sold-out development due to high demand for properties near the ocean” noted Charl Krumm, Licence Partner of Engel & Völkers Bloubergstrand. From large family homes and beachfront apartments to investment purchases and holiday homes - the area offers a broad spectrum from R600 000 to R60 million. Entry level areas include Parklands with sectional titles from R599 000 to R1,3 million. Higher value areas include Bloubergstrand, West Beach, Sunningdale and Melkbosstrand where prices range from R3 million to in excess of R15 million.

Durbanville and Surrounds Durbanville and surrounds are part of the greater City of Cape Town and only 20 minute's drive from the city centre on the northern outskirts of the metropolis, including the Durbanville, Bellville, Brackenfell and Kraaifontein areas. Just a few minutes' drive will take you to one of the largest, most modern, world-class shopping and entertainment centres, the Tygervalley Centre, Bellville, and the exciting newly developed Tygervalley Waterfront, also in Bellville. Essentially a wine growing valley, the town has grown during the past few years by more

3

than 400%, however retaining considerable individuality and character with a rural atmosphere and architecture. Surrounded by wine farms and smallholdings, the area has a unique 'small town' feel about it.

Sea Point is the beating pulse of an increasingly sought-after area. Close to the city, and with such iconic landmarks as the pool and promenade within easy reach, it epitomises the eclectic demographic of this part of the city, as is borne out by the variance of properties and clientele, and is fast becoming the location of choice for discerning dwellers. The wider area, including Green Point, Mouille Point, Three Anchor Bay, de Waterkant and the Waterfront, offers a diversity of property including family homes, lock-up and go apartments, townhouses and some gated developments. “Prices fluctuate significantly depending on the area and especially the views” Paul added.

The City Bowl is undergoing significant transformation in property terms.

From the suburbs of Higgovale, Oranjezicht, Tamboerskloof and Vredehoek,

MARKET NEWS hunkering down under the vast, protective glory of the mountain, to Woodstock and Observatory, the property selection is wide and diverse. There are countless opportunities for investment and development, with previously industrial buildings being turned into residential or commercial units. Equally, buyers love the tree lined avenues, full of charming cottages and larger homes, which retain many of their original features. Whilst not as wide as that to be found on the Atlantic Seaboard, the current portfolio price range spans R1 to R25 million.

Cape Constantia

Southern Suburbs Cape Town's Southern Suburbs lie to the south-east of the slopes of Table Mountain within rich valleys and vast vineyards reaching from just south of the Table Bay industrial neighbourhoods in the north to the False Bay coastal suburbs, and the Cape Peninsula cliffs to the south, and are crossed north-south by the M5 and M3 motorways. This area is identified as being the more affluent of the Cape Town metropolis' sections and includes the city's most expensive residential neighbourhoods. Due to the abundance of good public and private schools, there is a growing trend of young families moving to Upper Wynberg, Claremont, Rondebosch and Newlands. The Southern Suburbs presents a prime example of a residential market which continues to hold its own, taking into consideration the demand for sizeable gardens and easy access to schools, sporting facilities, hiking and equestrian trails. This demand defies the national downward trend according to property statistics, as the average purchase price in the area has risen by 1.7% in the past year.

Properties are as varied as the areas, with a selection of apartments and starter homes to sprawling mansions. Because of the diversity of areas within the suburbs, prices can range from R900 000 for an apartment in Lower Kenilworth, Plumstead or Diep River and can reach up to R4.5 million as seen in a new development in Upper Claremont. Flats in Newlands and Rondebosch average at about R2 million for a modern, 2 bedroom apartment. The prices of houses likewise starts at around R1.8 million and can go up to R10 million. In Bishopscourt and Upper Constantia prices can reach the R50 million mark with a few currently being marketed at over R85 000 000.

Cape Peninsula

Noordhoek offers lovely homes on large plots making the area popular for horse lovers with homes ranging in price from R3,5 million to R30 million, depending on the size of the estate. Properties in the Avenues (family starter homes) remain sought-after and sell quickly, selling prices start from R1,7 million.

Simon's Town and its surrounds, which includes the suburbs of Glencairn, is home to the South African Naval Base. A large portion of Simon's Town sales are represented by holiday/second home buyers or relocaters from upcountry, and it has provided excellent capital returns for local and international investors over the years. Glencairn offers an opportunity for entry level buyers whilst Simon's Town is for a more mature market and would represent a challenge for first-time buyers. Homes in Glencairn/Glencairn Heights start at R1,5 million and increase in price for Simon's Town, where homes boasting views of the beautiful Simon's Town Yacht basin and False Bay start at almost R4 million and to rise upwards to R15 million. Simon's Town is famous for its historical buildings many which have been beautifully restored which includes small Victorian Cottages up to large family homes. Recent developments have seen beautiful mountainside homes with spectacular sea views.

Cape Winelands

Stellenbosch Stellenbosch is the second oldest town in the country. It therefore has a unique historical character, and apart from that, it is also a university town which has to accommodate over 30150 students each year. In contrast, the older residential area of Mostertsdrift in the Jonkershoek Valley boasts your more distinctive homes with prices ranging between R6 and 20 million. This area is extremely sought-after especially with a view to acquiring 'the right address'. Residential areas such as Die Boord, Dalsig, Brandwacht and Paradyskloof, are extremely popular and in close proximity to most of the schools. Paradyskloof on the other hand is renowned for its rustic and rural character, surrounded by historic wine farms, with the number of exclusive security estates becoming increasingly popular. Overall the area has also seen a growth in sales of 6% over the past year.

More recently buyers between 25 and 34 years are increasingly buying into this suburb to settle down and raise their families closer to nature. Stellenbosch offers a broad spectrum of residential properties, ranging from R800 000 to R20 million. Farms and lifestyle smallholdings range between R15 to R25 million.

These exclusive suburbs boast a collection of some of the finest luxury apartments, villas, estates, and residential homes. The demand for apartments is much greater than the supply at the moment, making it a seller's market.

Overberg Region

Kalk Bay, Fish Hoek, Simon's Town & Noordhoek Kalk Bay is an unpretentious bohemian fishing village which lies between the mountains and the sea and is just 25 minutes' from Cape Town. The demand for property far outweighs the supply, and for the lucky ones who manage to snap up a piece of the area are sure to enjoy a good financial investment. It is home to one of the last remaining working harbours in South Africa and offers appealing shops and at least 20 top-notch restaurants. Property values range from a small flat at R2,5 million to cottages, family homes and historical villas that start at R3,5 million and can go up to R 25 million. Typical property types include small historical cottages beautiful period family homes and magnificent villas.

The Fish Hoek Valley is also situated in the False Bay area and is a picturesque family village nestled between Kalk Bay and Simons Town. Surrounded by mountains a beautiful sandy beach, the area offers a sought-after family lifestyle and is one of the safest areas to live in within South Africa over numerous years. The Fish Hoek Valley offers a home for every budget, ranging from apartments, to family homes, retirement villages, expansive mountainside living with breathtaking views, and small holdings. Average Valley homes are currently selling around the R1,7 million to R2,5 million mark, whilst mountainside homes with sea views can attract prices up to R10 million.

Somerset West Surrounded by blue waters with dolphins and whales and harbouring a variety of restaurants. Minutes from all the major shopping malls and tourist attractions, including wine routes, Table Mountain, yachting, shark diving, etc.

The Helderberg basin has become very popular with migrating families because of excellent schools as well as older people retiring close to the shore or in estates. The area is well priced and properties are still available at surprisingly low prices. In recent years many guest houses and B&B's have opened in Somerset West, since it is conveniently located form Cape Town, the beaches at the Strand, Gordon's Bay, as well as Western Cape's numerous wine farms.

Depending on the area: for example Strand and Gordon's Bay prices are from R550 000 up to R15 million, whereas Somerset-West are from R800 000 up to R55 million. Offers from bachelor pads with sea views to mansions on the mountain side of Gordon's Bay and Somerset-West. We have seen a trend developing of investors, developers and foreign investors showing interest in investing in this area.

4

Y

Cameras Ocean

4

M D A U N A D L A T E

Camps Bay Hans de Lange 083 295 1662

4

Web: ENV91915 ZAR 32,5 million

950m²

1607m²

Y

Armed

5

5

Y

600m²

Web: ENV80167 ZAR 41 million

Ocean

Y

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

3

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

4

5

750m²

Web: ENV90547 ZAR 38,8 million

Y

Gated

2

3½

Y

298m²

Web: ENV88137 ZAR 29 million

Y

Estate

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

4

4

451m²

Web: ENV90167 ZAR 16,95 million

1024m²

Ocean

2

M JO A I N N D T A T E

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

4

Camps Bay Enzo Lezzi 082 974 1128 Amanda Croker 082 437 7137

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

7

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

5

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

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

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

Western Cape · Atlantic Seaboard & City Bowl

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

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

Web: ENV90319 ZAR 15,9 million

Llandudno Amanda Croker 082 437 7137 Enzo Lezzi 082 974 1128

Web: ENV71779 ZAR 10,95 million

FT 3

5

2

Y

669m² Mountain

2

3

3

2

350m²

Y

2

Stand

1200m²

Y

Ocean

Central

Y

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

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

M D A U N A D L A T E

Hout Bay Hans de Lange 083 295 1662

1

350m²

Study

SQ

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

2

2

165m²

Study

Web: ENV86661 ZAR 6,95 million

Ocean

2

City Centre Bruno Rabaca 072 329 4443 Hans De Lange 083 295 1662

8

2

1

Web: ENV91233 ZAR 5,75 million

321m²

Commercial

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

5½

Web: ENV91910 ZAR 7,7 million

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

6

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

Western Cape · Atlantic Seaboard & City Bowl

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

Web: ENV90136 ZAR 5,65 million

Hout Bay Amanda Croker 082 437 7137 Enzo Lezzi 082 974 1128

Web: ENV67846 ZAR 5,5 million

Gardens Jean Lalonde 072 211 2024 Hans De Lange 083 295 1662

Web: ENV88369 ZAR 4,35 million

ST Estate

Y

2

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

2

5

3

259m²

2271m²

Y

2

2

93m²

Y

Web: ENV91027 ZAR 4,25 million

Ocean

1

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

2

2

2

2

Mountain

Y

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

149m²

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

3

2

109m²

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

Y

Oranjezicht Web: ENV90371 ZAR 3,95 million

Complex

2

Estelle Smidt 079 973 5209

1

Web: ENV91472 ZAR 2,3 million

1

Y

60m²

Ocean

6

Western Cape · Southern Suburbs

3

3

Y

367m²

Y

3

Web: ENV91595 ZAR 5,49 million

3

3

5

2 Flatlets

M D A U N A D L A T E

5

Bergvliet

Upper Wynberg Lindi Buchan 071 505 7352

Constantia Jo Mitchell 083 227 9771

3

7

3

Web: ENV91656 ZAR 4,9 million

4

Y

280m²

Y

Rondebosch Park Estate Giles Pohl 083 675 3801 Web: ENV91557 Paula Caradoc-Davies 083 711 6096 ZAR 4,35 million

2

John McDermott 082 453 3580

4

Web: ENV90117 ZAR 5,3 million

2

4

365m²

3

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

Claremont Giles Pohl 083 675 3801 Web: ENV91104 Paula Caradoc-Davies 083 711 6096 ZAR 7,75 million

2

1

Y

Flatlet

Y

Tokai Jo Mitchell 083 227 9771

2

2

Web: ENV91778 ZAR 3,85 million

2

Y

155m²

2

Southern Suburbs · Tel. +27(0)21 671 9274 St Albans on Cavendish, 2 Osborne Road (Cnr of Cavendish and Osborne), Claremont SouthernSuburbs@engelvoelkers.com · www.engelvoelkers.com/southernsuburbs

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

Western Cape · Bloubergstrand

Melkbosstrand

4

578m²

Y

Ocean

6

Silvia Salm 084 614 0586

5

5

Flamingo Vlei Web: ENV84242 ZAR 6,895 million

470m²

Y

Ocean

2

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

5

Big Bay Web: ENV88303 ZAR 6,95 million

Parklands North

2½

270m²

Y

Y

3

Edna Dalton 076 367 0028

3

2

2

2

85m²

Ocean

Y

2

134m²

Y

Edna Datlton 076 367 0028

1

1038m²

Y

3

Edna Dalton 076 367 0028

3

3

Big Bay Web: ENV91693 ZAR 2,55 million

Y

SQ

4

Big Bay Web: ENV90425 ZAR 2,95 million

M D A U N A D L A T E

Big Bay Edna Dalton 076 367 0028

3

Bloubergsand Web: ENV90921 ZAR 3,095 million

4

5

Web: ENV88563 ZAR 3,95 million

Web: ENV90427 ZAR 2,8 million

Y

187m²

Estate

2

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

Thandi Mvuma 081 739 6227

Silvia Salm 084 614 0586

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

Edna Dalton 076 367 0028

1

Sunningdale Web: ENV89468 ZAR 1,69 million

72m²

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

Y

Estate

2

Edna Dalton 076 367 0028

2

1

Web: ENV91862 ZAR 1,69 million

Y

180m²

Y

2

8

INDUSTRY NEWS having an agent with an exclusive mandate, they will be able to negotiate for the right price as they don't have to compromise in order to secure the sale.

It's all about the mandate

F

or some people granting an agent an exclusive mandate to sell their home is an intimidating thought. Giving their home to only one person to market and sell, seems like madness in a world teaming with estate agents who offer radiant smiles and glowing promises. But is placing one of your most valuable investments in an open market really the best thing you can do?

Let's then take a frank look at exclusive mandates and answer some of the frequently asked questions many people raise.

What exactly is an exclusive mandate?

In short, it is sole representation. An exclusive mandate is therefore your commissioning of a single agent who is thereby entrusted to sell your property.

Do I miss out on potential buyers if I only have one agent working on my property?

The truth of the matter is that a person wanting to buy a home is going to locate their desired suburb(s) and shop around. The more important factor then is how your home is represented and this is where your agent comes in as a critical factor. Having many agents marketing your home runs the risk of conflicting information being given to buyers, generating a perception of being a desperate seller or having an over-priced home, and a general lack in the quality of marketing material as there is little incentive for true excellence.

If I have a short space of time in which to sell my house, is it not better to give it to every active agency in my suburb?

Being pressed for time to sell your home means that you need to be even more selective in whom you choose to market your property and negotiate for you.

It's a sad fact that the market is alert to what is called “desperate sellers” and buyers will work to get the lowest possible price from you in this scenario.

Some agents may even use your property at its inflated price as a springboard for their exclusive mandates; first showing prospective buyers your overpriced home and then showing them their correctly priced exclusive mandate in order to make it look more desirable. Having multiple agents competing for the sale of your home will mean that low offers will be brought to you whilst

9

The highest price may not be the best price While it may seem like the smart thing to do to appoint the estate agent who sets the highest value to the property you want to sell, it's worth looking a little deeper into the matter, says Craig Hutchison, CEO of Engel & Völkers Southern Africa. “Always consult at least three agents before you agree to a mandate. The values they apportion to your home will no doubt vary, but the biggest price suggestion generally does not result in the best possible deal.”

Agents desperate to sign a mandate may inflate the value of a property to get an exclusive listing, but this does a lot of damage along the way. An overvalued property will not sell, and will become 'old stock,' leading to those on the lookout seeing it repeatedly advertised. “Such long-term overexposure can only lead to a waste in time and money, and eventually a lower selling price” says Hutchison. An exclusive mandate agent is able to create a platform of competition between buyers in order to secure the right price for your home.

Is the average professional fee higher on an exclusive mandate than on an open one?

Given the money, time and effort spent on exclusive mandates, the average professional fee is justifiably higher than with open mandates. Agents who work with exclusive mandates are true property specialists who apply property IQ and business acumen to sell your home. They work hard to market your investment to potential buyers and apply their skills to negotiate the best possible price on your behalf. As a specialist dedicated to managing your investment it's a strange notion to expect them to cut their commission, similar to asking your doctor to cut his fees on his consultation and you'll get the picture. Open mandate agents however are often more than willing to compromise on their commission which should be a red light to any seller as no agent really doing their job will happily sell themselves short in this way.

The irony here is that where you may 'win' on paying a lower commission, you're almost guaranteed to lose on the price you get for your property from an agent not fully motivated to get the highest possible price for you.

Now that some of the key questions have been answered, let's take a look at some other important aspects in which exclusive mandates can play a vital role: Monitoring and control: As your home is probably one of your most valuable investments, you'll naturally want to have your fingers on the pulse of how it's being managed.

With a host of agents buzzing in and out you'll find this hard to do! Working with one specialist really does simplify the process for you and puts control firmly in your hands. Given the high level of commitment, your exclusive mandate agent will also give you regular feedback on the selling process – a deliverable they'll most probably stipulate in their written mandate. Also, with only one agent holding information on your property, it eliminates the risk of negative reports being introduced into the market as competing agents use your property as a comparison for other properties they are trying to sell.

Costs: Signing an exclusive mandate eliminates the risk of any double commission claims which could be the case when two agents introduce the same buyer to the property. Just as you would pay a deposit to a builder before renovations to your home can be done, real estate agents also have the same type of security measure in place. If a buyer was introduced by Agent X – and you allowed them to visit your home, and the same buyer then goes to Agent Y and decides to purchase the home through that agent, you could be held liable for the commission to the agent who first introduced you the buyer to the home. It becomes even more complicated when agent X introduces the wife to the property and agent Y introduces the husband to the property as can often be the case as both spouses could well be looking in the market, an exclusive mandate will eliminate any unnecessary legal complications out of the sales process.

Security: Security is top of mind for most South Africans and is an important consideration when choosing your method of selling. Using more than one

INDUSTRY NEWS agent means that you increase the number of people who have access to your home and minimizes your ability to hold anyone responsible if something goes wrong. With a select exclusive mandate agent you can be sure of strictly controlled viewings and showdays with all members of your household, family and workers, knowing that only one person has access to your home.

Effort: One of the most common negative perceptions about estate agents is that they don't work for their money. As should be clear by now, in working with an exclusive mandate agent you eliminate this risk as they are highly motivated to sell your home at the best possible price and in the quickest time. For any agency, exclusive mandates are given top priority with larger marketing budgets and background support given to the agent as for everyone involved it's the straight forward task of ensuring a return on investment. One must also not underestimate the weight that the responsibility and moral obligation of an exclusive mandate places on an agent's shoulders - incentivising them even more to deliver an excellent service. And of course, the agent is assured that all their hard work will be rewarded as the sale won't be snapped out from underneath them so they'll be sure not only to get the job done, but to get the best market related price for you too.

When choosing an estate agent to market your property, it's best to talk to people you trust, and engage the services of someone who's been referred to you. “It's also vital to look at the full scope of the company you engage,” says Hutchison. One agency that promotes this method of selling on a high level is Engel & Völkers South Africa. “We encourage our agents to work for exclusive mandates, not to secure commissions, but simply because it's the best way to protect the interests of the seller” says Craig. “We put a lot of effort in – from our marketing material through to our budget allocation, and we follow it up with the Engel & Völkers guarantee of satisfaction whereby sellers can cancel the agreement if for any reason the agent does not meet the stipulated requirements in their mandated marketing plan.”

With a majority of the company's exclusive mandate sales coming from their advanced in-depth marketing strategies and internationally connected services and support, it's no wonder that Engel & Völkers is working hard to educate the market on this method of selling houses. With only 5% of sales coming from press advertising, perhaps you should seriously consider signing up an exclusive mandate agent the next time you decide to sell, as an agent with the right network and support structure will definitely guarantee a sale at the best possible price within the best timeline.

“Our agents are experienced and professional, and each has an in-depth understanding of the areas in which they work. This means that they can accurately evaluate a property, selling it at an appropriate price, within an efficient time frame” Craig concluded.

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

Western Cape · Durbanville & Surrounds

Durbanville Farm

156ha

Y

Welgedacht Estate Web: ENV90618 ZAR 65 million

Y

Y

Mountain

4

Valmary Park Ernestine Kontogiannis Web: ENV91753 076 577 1018 ZAR 4,295 million

474m²

1982m²

Y

2

4

Web: ENV90043 ZAR 6,895 million

538m²

3½

1062m²

Y

2

Sonstraal Heights Marinda Hennings Web: ENV91095 082 451 7215 ZAR 3,95 million

3

2

347m²

Study

1343m²

2

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

4

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

3

Stephen Da Silva 060 828 1811

Stellenberg Jessica Kolver 074 888 2132

Welgemoed Antoinette Swanepoel 082 376 2373

4

2½

398m²

2086m²

4

Sonstraal Heights Marinda Hennings Web: ENV91743 082 451 7215 ZAR 2,35 million

3

2

The Crest Web: ENV88655 ZAR 1,963 million

4

Web: ENV91856 ZAR 4,5 million

189m²

645m²

Central

2

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

Morné Vorster 083 561 7820

Marinda Hennings 082 451 7215

Buhrein Estate Web: ENV91837 ZAR 1,299 million

Trisha De Waal 082 929 2050

Web: ENV90889 ZAR 1,25 million

FT 2

11

1

Y

Central

Y

2

1

1

107m²

316m²

2

2

1

1

Y

Y

1

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 · Plattekloof & Surrounds

Parow, Plattekloof

Parow, De Tijger Ronel Reingruber 082 527 1784

12

Web: ENV90833 ZAR 10,58 million

7

5

Y

500m²

24H

4

Web: ENV90627 ZAR 8,4 million

2

3

740m²

1178m²

Mountain

Gansbaai, Van Dyksbaai

Parow, Plattekloof Jimmiette von Loggenburg 083 656 7600

Jimmiette von Loggenburg 083 656 7600

Web: ENV90480 ZAR 3,995 million

Ronel Reingruber 082 527 1784

Web: ENV91546 ZAR 755 000

FT 2

2

Y

Patio

SQ

641m

2H from CPT

Y

Y

Ocean

Turn your sales talent into success become an Engel & Völkers

pp ly

no w

!

3

2

A

property sales specialist!

Are you a talented and ambitious salesperson with plenty of passion for real estate? Now is your chance to become part of the Engel & Völkers success story. Get started today by sending your application to Jimmiette.Loggerenberg@engelvoelkers.com.

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

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

12

Western Cape · Paarl & Franschhoek

Engel & Völkers extends their reach in the Winelands

A

lthough we are in the last quarter of this year, it is still far from slowing down with another licence area sold.

Kobus Taljaard, new Lipa for Paarl & Franschhoek.

“It is with great excitement that we welcome Kobus Taljaard as the new licence partner for the Franschhoek & Paarl areas. Although he has been involved in the Engel & Völkers family for 11 years as licence partner of Hoedspruit – this is the beginning of another exciting chapter in his portfolio within the Engel & Völkers group” said Craig Hutchison, CEO of Engel & Völkers Southern Africa.

Kobus grew up on a farm in the old Western Transvaal where after he moved to Pretoria to work and study business accounting. His career took flight in the manufacturing sector which then transitioned to the information technology side where he managed an IT company for over 24 years, playing a key part in the development of commercial software.

“The Franschhoek area is in many instances, much like Hoedspruit as far as foreign investor’s goes. Both areas are tourist destination of choice as it offers the best of both worlds for residents and beautiful scenery and various activities for leisure time. It again takes me back to my roots and my love for farms. I will continue to be involved in the Hoedspruit licence, although Ryan will continue to be the leading partner as he always has”.

In 2005 it was time for a new challenge. He heard about Engel & Völkers through a friend and upon first sight of seeing the Engel & Völkers logo, he immediately knew this would be it. “I knew it was something I wanted to be part of. It was just clean, different and a cut above the rest” said Kobus.

Kobus believes that one should surround yourself with good people and focus on teamwork. You can lead but without a strong team, you will not gain any headway. When one is focused and you enjoy your work – time is not a factor.

They have already started actively in the area with sales advisors appointed and listings on the books. Their team will be their main focus to ensure that they grow in order to be able to service clients in all areas asap.

Kobus proceeded with the purchase of the Lowveld licence in 2005 together with a friend of over 30 years, Dr Herman Cremer. “We were fortunate enough to have Ryan Forder cross our path, and he has been an invaluable asset to our business. I only started to become actively involved in 2010, and in 2013 I focused on my love for agriculture by selling farms myself and doing in-depth studies of the areas and types of land, so that we can proudly say that Engel & Völkers Hoedspruit is a true expert in this field.

Areas covered by the licence include: Franschhoek, Hou Moed, Klapmuts, La Motte, Le Roux, Pearl Valley Golf Estate and Spa, Val de vie Winelands Lifestyle Estate, Wemmershoek, Bain's Kloof Pass, Charleston Hill, Denneburg, Hermon, Hoog en Droog, Klein Nederburg, Mbekweni, Northern Paarl, Paarl Central East, Paarl Central West, Paarl East, Southern Paarl, Diemersfontein Estate, Wellington Central, Wellington North, Wellington Outlying, Windmeul.

Paarl Louis Heyns 082 728 4680

4

13

Although it might be 11 years later, Kobus bought a stand in Val de Vie Estate near Paarl in 2005, knowing that the Cape Winelands is where he would like to relocate to, and in the beginning of this year he finally started building his home and planning his new life in his dream location, and we are happy to say that Kobus’ passion for Engel & Völkers is still running strong, which is why he decided to expand the brand on his new home-turf.

2

Paarl Web: ENV77484 ZAR 22 million

360m²

21.6ha

Y

Y

Louis Heyns 082 728 4680

7

3

Paarl Central Web: ENV84591 ZAR 11 million

Wine

12.7ha

Y

2

Louis Heyns 082 728 4680

Mountian

1000m²

Web: ENV87647 POR

Valley

Estate

Y

Paarl & Franschhoek · Tel. +27(0)79 499 7239 Paarl@engelvoelkers.com · www.engelvoelkers.com/south-africa 502 Val de Vie Estate, Kliprig Road, Paarl 7646

ED I TORS’ CHO I CE

Western Cape, Durbanville Durbnaville Farms

Web: ENV90618 ZAR 65 million

Exquisite farm on the Southern slopes of Rondeboschjesberg in the Durbanville region. The farm was originally a grain farm dating back to the beginning of the 1900’s. Today, historic grain towers and the barn still bear testimony to its roots in grain production, it is also one of the few remaining farms with natural rhino veld and a small wet land. Entering, you will find well-kept vineyards on both sides of the tarred road leading up to the main house. This farm has 3 residential properties (1 is used by the farm manager), 10 staff homes, a beautiful venue hall, 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. 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 functions with a capacity for 200 guests. The venue is currently only used for private functions. 2 large storage /workshop buildings allows for ample storage facilities, and equipment and certain farm vehicles are included in the price . 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 location, 30min from Cape Town International Airport and 40min from Cape Town CBD. Durbanville · Tel. +27(0)21 020 0136 sms EV 90618 to 33282 (SMS charged at R1,50. Free minutes do not apply).

500m²

156.64ha

3

Gauteng, Johannesburg Fourways | Broadacres, Melrose Arch

3

Web: ENV90848 ZAR 25 million

Luxury comes as a standard in this magnificent Melrose Arch penthouse which echoes class and sophistication while the modern interiors cater to every conceivable need a discerning buyer may possess including excellent security.

The property flows with panoramic views, creating breathtakingly gorgeous backdrops to designer interiors. Double volume ceilings, superior finishes and beautiful living spaces are emphasized by a host of skylights. The open plan concept thoughtfully integrates the living room, dining areas and modern chefinspired kitchen, all of which are fitted with streamlined cupboards, coupled with premium multi-functional appliances and finished off with a large separate scullery. The indisputable pièce de résistance of this spectacular home is the rooftop entertainment patio. The space comprises a bar, lounge, built-in-braai, outdoor shower, guest toilet and a swimming pool. Not only do the facilities evoke a sense of being alive, but again the vistas celebrate life itself. A welcoming accommodation wing is located downstairs and is completely separate from the rest of the home offering excellent security and privacy. 3 large bedrooms form this wing and have been designed to induce peaceful recuperation in a luxurious setting. All rooms feature their own ultra-modern bathrooms, rounded off with ample cupboard space. Additionally this property offers a fully kitted cinema room and a spacious, state of the art gym, 5 secure parking bays, as well as a private storage unit. It’s time to enter the realm of international living!

Hyde Park · Tel. +27(0)11 027 5557 sms EV 90484 to 33282 (SMS charged at R1,50. Free minutes do not apply).

Estate

4

4

3½

14

E M XC A LU N S D I A V T E E

E M XC A LU N S D I A V T E E

KwaZulu-Natal · North Coast

Durban North Conrad Vorster 083 306 1768

Y

Y

9

Hennie Steyn 083 386 3958

4

Zimbali Coastal Resort Web: ENV81500 ZAR 9,7 million

500m²

1599m²

Y

Y

2

uMhlanga Rocks Conrad Vorster 083 306 1768

3

3

Web: ENV81264 ZAR 5,95 million

147m²

Y

Ocean

2

E M XC A LU N S D I A V T E E

1753m² 5023m²

M

A

D U N A D L A T E

10

Web: ENV90109 ZAR 19,6 million

Ballito

Herrwood Park Scot Ross 082 073 0140

Web: ENV91204 ZAR 4,65 million

Seaward Estates

Hennie Steyn 083 386 3958

Web: ENV89983 ZAR 3,5 million

Phyllis Boshoff 083 386 3995

Web: ENV91459 ZAR 2,95 million

ST 346m²

1176m²

4

3

uMhlanga New Town Centre Kyle Wilkinson Web: ENV91610 079 877 5502 ZAR 1,3 million

Hennie Steyn 083 386 3958

1

1

52m²

Y

Y

140m²

1

Y

Ocean

Salt Rock

3

2

280m²

Ocean

Y

2

Web: ENV79182 ZAR 1,3 million

uMhlanga New Town Centre Kyle Wilkinson Web: ENV91612 079 877 5502 ZAR 1,05 million

FT

ST

15

2

E M XC A LU N S D I A V T E E

Y

E M XC A LU N S D I A V T E E

3

E M XC A LU N S D I A V T E E

4

1

1659m²

Land

Ocean

School

1

1

46m²

Y

Y

1

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

TOP ACHIEVERS B Congratulations to our TOP ACHIEVERS eing a real estate agent takes a lot of hard work and perseverance. It is not simply signing and 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. Once the sales advisor achieves the minimum requirements for three consecutive months, their status is updated to Platinum for the next quarter. The Platinum status sales advisors are further supported with additional marketing opportunities ensuring an even more successful marketing campaign for our clients. Herewith our top agents for the last month:

Top Achievers

ANSA DU PLOOY 084 701 5248

EVELINE ZINSSMEISTER 082 041 9181

HEIKE DEGENER 083 265 4244

JACQUELINE SCHOLTZ 081 482 7227

JANINE ZILLMANN 084 409 6934

North West | Potchefstroom: Dam Area, Oewersig, Heilige Akker, Baillie Park, Vd Hoff Park

Gauteng | Pta New East: Lombardy Estate, Silver Lakes Estate, Silverstream Estate

Gauteng | Fourways|Broadacres: Chartwell, Farmall, Kengies

Gauteng | Centurion: Amberfield

Western Cape | City Bowl: City Bowl and Gardens

LORNA STANDER 071 435 2160

MARTIN VISSER 076 384 0292

MC CAYLA WARRIKER 062 292 3969

NICO SWART 082 446 0008

RACHEL PETERSEN 072 583 7481

North West | Hartbeespoort Dam: Kosmos Area, Falcon View, Mountkos, Montego Bay, Seasons Lifestyle Estate

Western Cape | Camps Bay: Camps Bay

Gauteng | Centurion: Thatchfield

KwaZulu-Natal | North Coast: Umdloti and Umdloti Beachfront

Eastern Cape | East London: Beacon Bay

SCOT ROSS 082 073 0140

SURETHA ENGELBRECHT 082 661 1720

ZUBAIR KATHRADA 083 746 4796

KwaZulu-Natal | North Coast: uMhlanga, Herrwood Park, Prestondale, Izinga Ridge, Hawaan Forest Est.

North West | Potchefstroom: Baillie Park

Northwest | Potchefstroom: Bailliepark, Van Der Hoffpark, Mooivalleipark, Heilige Akker, Oewersig

RIA ROOS 082 087 5652

MARIËTTE KÜHN 082 555 8334

Gauteng | Waterkloof: Groenkloof, Lukasrand, Menlo Park

Q3 Platinum Status Achievers

JAMES LE BIHAN 082 777 3543

JURGEN SCHRECK 071 378 0203

LIZETTE SAAIMAN 076 784 6669

MOIRA BECKER 082 374 4349

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

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

North West | Hartbeespoort Dam: Melodie

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

NADINE HOBKIRK 083 636 5083

SCOTT RIDDELL 082 561 8650

SUSAN CROUCAMP 083 260 9549

VERE KILLASSY 083 601 1309

Gauteng | Centurion: Doringkloof, Die Hoewes, Lyttleton

Gauteng | Fourways · Broadacres: Douglasdale, Fourways, Norscot

Gauteng | Centurion: Highveld, Irene

Gauteng | Fourways · Broadacres: Jukskeipark, Waterford, Olivewood Estates

North West · Potchefstroom Energy Efficient House

Carl Venter · 083 291 0434 Carl.Venter@engelvoelkers.com

Energy efficient house in Lekwena Wildlife Estate. This home offers you: ¡ This energy efficient house offers you the following: ¡ Best insulation on international standard of floors, walls and roof ¡ Orientation for optimal thermal performance ¡ Clay brick ¡ Enerflow heat pump ¡ Sun Farming PV System ¡ Aquamat healthy drinking water ¡ Aquamat grey water treatment and recycling ¡ Aquamat rainwater harvesting ¡ Aquamat 5000l water security system ¡ Water saving shower heads and taps ¡ VOC free cupboards ¡ LED lighting ¡ Load shedding cure

¡ ¡ ¡ ¡ ¡ ¡ ¡ ¡

Plascon quality low VOC paints Slow burning combustion stove Gas stove in kitchen Open plan living area Verandah with braai 3 bedrooms each (with own deck) 2 bathrooms with private garden Low maintenance garden and indigenous plants that require minimum water

¡ Home, verandah, staff quarters, double garage and service room = 365m² ¡ Star gazing deck = 45m²

House Stand of 2195m²

ZAR 2,65 million ZAR 1,10 million

Total Price

ZAR 3,75 million

De Land Estate is a 30ha security estate that offers a high quality lifestyle for the entire family. Excellent location – situated in Potchefstroom’s prime residential area. Extensive security measures including a 2.7m high security wall and 24 hour security access control. Green areas boulevard and hiking route, orchards, herb gardens and a 2.6 km jogging trail inside the parameter of the Estate. De Land offers opportunities for developers.

Stands from R457 860

Carl Venter · 083 291 0434 Carl.Venter@engelvoelkers.com

Live with the wild on your doorstep…

Lekwena Wildlife Estate is part of a 2399Ha nature reserve, where owners can live in harmony with nature. Conveniently located only 11 km outside Potchefstroom, a 90 minute drive from JHB or a 20 minute flight from Gauteng to the runway for light aircraft on the estate. Approx 2000 head of game and 163 identified bird species. Horse stables, picnic spots, hiking trails and trails for jogging and cycling. 2 Villages with 146 stands available, approx 2000m² each, make this the ideal low density estate.

Imagine owning your own piece of African bushveld.

Stands and building packages are available.

Stands from ZAR 696 000

Carl Venter · 083 291 0434 Carl.Venter@engelvoelkers.com

17

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

Villa D'Afrique Moira Becker 082 374 4349

3

1013m²

Y

Estate

2

Magalies River Club Lorencia van der Merwe Web: ENV88338 082 711 0831 ZAR 3,36 million

3

2½

2

363m²

942m²

Estate

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

4

Web: ENV91497 ZAR 3,999 million

Kosmos Village Lorna Stander 071 435 2160

3½

1041m²

3½

Kosmos Village Web: ENV72820 ZAR 2,5 million

300m²

5

Y

3

Lorna Stander 071 435 2160

4

Web: ENV86401 ZAR 3,3 million

3

817m²

Estate

2

3

Eagles Landing Web: ENV85572 ZAR 2 million

2

Y

Mountain

1

Moira Becker 082 374 4349

3

2

Web: ENV90816 ZAR 1,75 million

Y

Y

Estate

2

M D A U N A D L A T E

4

Westlake Alan Grobler 072 285 5025

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

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

North West · Hartbeespoort Dam

Landsmeer Estate Marina Roux 078 011 7877

Melodie Web: ENV86162 ZAR 1,5 million

Lizette Saaiman 076 784 6669

Schoemansville Web: ENV91891 ZAR 1,5 million

Lizette Saaiman 076 784 6669

Web: ENV87551 ZAR 900 000

ST 3

2

Y

Y

Estate

2

3

2

210m²

385m²

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

2

2

2

1

743m²

Y

2

18

Hoedspruit Farms Ryan Forder 082 332 9149

Web: ENV92002 ZAR 13,5 million

Frontage

Y

1

5

M D A U N A D L A T E

3

380m²

1ha

Flatlet

4

M

S A O N LE D A T E

1231ha

Raptor's View Wildlife Estate Cindy Hopkins Web: ENV83566 073 549 1856 ZAR 3,28 million

Hoedspruit Wildlife Estate Paul Marneweck Web: ENV88279 083 302 4071 ZAR 2,4 million

Olifants North Game Reserve Cindy Hopkins Web: ENV87566 073 549 1856 ZAR 2,75 million

4

3

Raptors View Wildlife Estate Cindy Hopkins Web: ENV91581 073 549 1856 ZAR 765 000

2

210m²

5000m² Flatlet

Y

1ha

River Stand

50%

Raptor's View Wildlife Estate Cindy Hopkins Web: ENV91798 073 549 1856 ZAR 440 000

FT

FT 3

Game 10 000ha Viewer traverse

River

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

M D A U N A D L A T E

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

Limpopo · Hoedspruit

No

Y

Y

1ha

No

Y

Y

Traverse Share

Do you want to get the best price for your property?

Then you have come to the right address.

We can see the potential of your property – and will turn it into the best possible sales success for you. Our unique network gives us access to countless potential buyers, both in the region and across the country.

In order to quickly find the ideal buyer for your property, our experts will develop a tailored marketing strategy for you on the basis of an in-depth market price estimate. After all, your goal is our prime concern: to sell your property for the best possible price.

* For less than the price we can get for you.

19

Contact us now for a non-binding consultation!

Hoedspruit · Tel. +27(0)15 793 0793 Hoedspruit@engelvoelkers.com

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

CORPORATE NEWS New Projects license signed for South Africa –

Engel & Völkers Signature Projects

P

rojects, otherwise known as developments is a growing trend in South Africa currently taking the real estate industry by storm. “We at Engel & Völkers have decided to make 3 project licences available within the group” says Craig Hutchison, CEO of Engel & Völkers Southern Africa.

“We are proud to announce the signing of the first of these licences to Scott Pharoah, current Licence Partner of Hyde Park, Melrose and The Parks.” Scott has definitely taken the lead with this new extension to the Engel & Völkers brand which is already operational. The licence will be known as Engel & Völkers Signature Projects and is geared to offering exceptional service levels to developers. Scott is already in discussion with various developers, as well as with the marketing of the first development.

The Engel & Völkers project licences will be able to manage projects throughout South Africa, “ We believe that the Projects licenses will create a bigger exposure for the Engel & Völkers brand and assist with the ever growing referrals that are happening across the country” Craig concluded.

R8 Fr 30 om 00 0

EXCLUSIVE MANDATE

Cliff

CENTRAL

14 luxurious units are NOW ON THE MARKET in Northcliff.

The 2 bedroom and 3 bedroomed units are in a private complex, in a fantastic location. The area has no less than 4 schools with a new private school in the process of opening.

It is also inside the ring and on bus routes. 5 min away from Beyers Naude Drive and the N1 highway.

For more information, please contact: Leslie Borland on 061 522 5039 or Leslie.Borland@engelvoelkers.com

20

M D A U N A D L A T E

Gauteng · Pretoria, New East

Woodhill Estate Ana Scott 083 501 4440

4

3½

Y

Y

Silver Lakes Eveline Zinssmeister 082 041 9181

4½

3

Y

SQ

Estate

Web: ENV91684 ZAR4,75 million

Y

Estate

Ana Scott 083 501 4440

5

Y

Web: ENV90849 ZAR 5,3 million

Y

SQ

Y

Estate

Silver Lakes Golf Estate Claudette Oosthuysen Web: ENV91849 072 156 6219 ZAR 2,95 million

3

2½

Y

Braai

Y

Estate

Bronkhorstspruit Francois De Goede Web: ENV86927 082 602 7594 ZAR 5,2 million

4

3

Y

Patio

Silver Lakes Claudette Oosthuysen 072 156 6219

3

2½

Patio

SQ

Y

SQ

Web: ENV89280 ZAR 2,6 million

Estate

2

M D A U N A D L A T E

4

Woodhill Estate Web: ENV91577 ZAR 6,5 million

Faerie Glen Amanda White 082 464 8016

4

21

2

Meyerspark Web: ENV89601 ZAR 2,35 million

1263m²

SQ

Y

3

Rensche Smit 074 588 9588

4

2

Web: ENV84662 ZAR 1,565 million

2

Y

Y

2

Cullinan Golf Estate Francois De Goede Web: ENV89392 082 602 7594 ZAR 199 000

570m²

Cullinan

Historical

Estate

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

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

Gauteng · Pretoria, Old East

Lynnwood Mariëtte Kühn 082 555 8334 Ria Roos 082 087 5652

3

500m²

2181m²

SQ

4

Groenkloof Ria Roos 082 087 5652 Mariëtte Kühn 082 555 8334

5

6

540m²

1315m²

Waterkloof Ridge Web: ENV90208 ZAR 3,95 million

Y

2

Cristina Rosa 073 661 8446

4

2

Web: ENV89925 ZAR 3,48 million

400m²

Y

SQ

2

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

4

Web: ENV91868 ZAR 6,85 million

Newlands Sanette Coetzee 082 066 1311

280m²

Y

Boomed

1

Brooklyn Sonia Ford 082 786 1443 Fiona Jadrijevic 082 471 1005

3

Y

2

171m²

Web: ENV87239 ZAR 2,175 million

Y

2

Waterkloof Heights Lavonne Wittmann Web: ENV91667 079 637 3152 ZAR 1,85 million

3

2

270m²

Y

SQ

2

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

3

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

2

Web: ENV90812 ZAR 2,35 million

Eastcliff Clayton Stewart 072 777 7552

Erasmuskloof Web: ENV91705 ZAR 1,75 million

Natasha Wilken 076 912 3062

Hatfield Web: ENV91789 ZAR 1,65 million

Disemelo Talaia 079 223 3477

Web: ENV91752 ZAR 785 000

ST 5

2½

781m²

Y

From Balcony

Flatlet

3

2

175m²

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

560m² Boomed

2

1

1

34m²

Y

Guards

1

22

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

FT

ST

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

LIFESTYLE

Are you prepared for the December holidays?

I

t is that time of the year again when we all focus on planning our December holidays, and counting down the days till we can take the much needed break.

“With all the excitement, of the holiday season ahead, one can easily focus too much on where you will be going and forget about what you are leaving behind” cautions Craig Hutchison, CEO of Engel & Völkers Southern Africa.

Even for those not actually going away on holiday – it is still worth taking note of the items below as we all know that December is a very popular time for criminals to be on the prowl, so make sure that you review both your home content insurance as well as the actual security which is in place before it is too late.

Home content insurance “Insurance is one of those things that very few of us can afford not to have – however expensive it may be” says Hutchison. There are numerous insurance

23

companies out there, who offer a range of options, so it's difficult to choose which one to go for, and often difficult to understand what kind of service you're getting for the money that you're paying. There's also lots of fineprint in contracts, and written in a very intimidating language. Engel & Völkers investigated a few pointers to help you make the most of your insurance.

Browsing: As with any significant purchase you make, it's worth shopping around.

Insurance companies with significant website presences complemented by call centres may offer an easy-to-manage service that is carried out over the phone or online, but insurance is a complex matter, in which there is no onefits-all package.

While many of these sites advertise their cost benefits as being derived from cutting out the 'middle man' or broker, our research has proved that dealing with a broker is in effect more cost effective. In comparing quotes from three brokers and two online services, all three quotes from brokers cost less than those offered by the online companies.

LIFESTYLE Updating: As food and fuel prices goes up, so does every other item you own so you need to ensure that you revise your insured value every 6 – 12 months. But how do you know how much you should be ensuring your content for? This is a very difficult question but a rule of thumb should be that if you were to turn your house upside down, everything which would then fall to the roof, should be able to be replaced with the amount which you are insured for.

It might be worth engaging the services of a specialist company to perform an evaluation. It may take a couple of hours for them to do, but they have the knowledge and experience to apportion an accurate value, which will mean that you are appropriately insured. Thus, you will not be paying too much insurance, and in the event of a claim, you will not be penalised for underinsuring your assets. Some brokers include an evaluation of your household contents at no charge – remember to ask about it.

When it comes to receiving your contract, be sure to read the fineprint, making sure that you understand it and that you comply with all of its conditions. If your house is only covered for burglary if your alarm is set when there's nobody home, then set it every time you leave – even if you're just popping out for ten minutes. If you are burgled and your alarm was not set and activated, the insurance company is in its rights not to pay you a cent. It makes no difference what burglar bars and security gates you may have – if this is a condition of the policy, it needs to be adhered to.

If you know that you are not always mindful enough to set your alarm on departure, rather cover your house as if you didn't have an alarm at all – the difference in cost is marginal, although there are some areas where no cover will be offered unless an alarm linked to a response company is installed.

Home Security It's all in the details, they say – and effecting minor improvements to your home that have the added bonus of beefing up your security will add more value to your property.

Shedding Light Intruders don't like to be seen, so start with illuminating your property to discourage unwanted night crawlers. “There are a number of ways to do this, from the discreet to the glaringly obvious, but key is to consult an electrician when you're ready to install new fittings, as he will make sure that all work complies with electricity regulations, and that it won't compromise your electrical compliance certificate when the time comes to sell your house” warned Craig.

Garden illumination highlights focal points in your landscape while lighting up any dark corners were intruders may lurk in the shadows. Solar lights in strategically placed pots will be ideal for this.

True security lights should be as bright as possible, and should either be activated by nightfall, or by infrared movement, so that you don't run the risk of forgetting to switch them on – either when you're at home, out for the evening or away on holiday.

you into your driveway, your gate will open automatically for them. Make sure your gate closes on its own, exclude the sensor option in favour of being in full control of when your gate opens, and for whom.

Doors & Windows If you're building a garage, install solid doors without windows so that passersby cannot see whether there's anyone at home or not. For this reason, when you're purchasing a new property, make a garage one of your key requirements. The same can be said for installing doors which are visible from the outside – rather use a solid door, or if need be, a door with frosted glass panes – do not make it easy for an intruder to want to enter.

“If you want to enjoy the sunshine that is such a part of South African life, consider installing horizontal blinds in your windows. These can be tilted so that you can see out, allowing the sun into your home, but preventing malefactors from seeing into your home – as they would through open curtains. Blinds are considered a fixture in a home, so bear this in mind as a value-add when putting your home on the market” added Craig.

Warning Systems There is a vast range of alarm and intruder detection services on the market, offering increasingly sophisticated sensors. In today's market you can even control them remotely by connecting them to your wifi network.

Be sure to focus them carefully to illuminate as much of your property as possible, and position lights so that your entire property is lit. It's also worth installing light fittings to illuminate your pavement. Wherever possible, use solar or LED lighting as this is the most cost effective, and will ensure that even when the power is out – you are still a step ahead.

Make sure that you have a sensor on every door that opens outside, as well as motion sensors in every room. A remote panic button is a key requirement, as is a distress code that will disarm your system if you're under threat while still alerting your armed response company that you're in trouble. An alarm system is, however, only worth the considerable investment if you arm it whenever you leave the house – even if it's just for five minutes – and when you're asleep, when sensors in occupied rooms can be disarmed.

Entrance The gate to your property is the first point of defence, and should be motorised so that you don't have to get out of your car to gain access to your property. A designer iron gate might be aesthetically pleasing, but it will be heavy and slow to move. Rather opt for a strong, lightweight gate that is easily moved by a motor. Special locks are available to ensure that the gate can not be lifted off its rails, and your gate can also be one of the zones in your alarm system, with a signal activated if its stands open for longer than normal.

Hide-away A built-in safe adds significant value, and is a legal requirement if anyone in the home owns a firearm. Remember though, that most people install their safe in their bedroom cupboard, and burglars who know this will head straight to this room to attempt to access valuables. Rather conceal your safe elsewhere in your home – ideally recessed into a wall behind a piece of art.

While a gate with a sensor that prevents it from closing if there's a vehicle in the way may seem the safest option, remember that if an intruder's vehicle follows

“Whether you are going away, or staying at home this December, consider a few of the items mentioned above as it is always best to rather be over-prepared than under” concludes Craig.

24

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

M D A U N A D L A 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

Web: ENV79636 ZAR 16 million

Bev Meerholz 082 443 2952

Blue Valley Golf Estate Web: ENV91680 ZAR 6,5 million

Glen Austin, Midrand Debbie Griffiths Web: ENV91716 061 491 5188 ZAR 5,9 million

FT 139ha

Farm

Plains

Bev Meerholz 082 443 2952

3

550m²

1045m²

3

5

700m²

4

1297m²

4

Bev Meerholz 082 443 2952

Blue Valley Golf Estate Web: ENV87776 ZAR 3,95 million

Y

8682m²

Amberfield Valley Jacqueline Scholtz Web: ENV91464 081 482 7227 ZAR 5 million

Bev Meerholz 082 443 2952

5

5

428m²

725m²

Y

2

5

Y

Y

Y

Cottages

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

3

520m²

Y

3

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

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

3

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

5

Blue Valley Golf Estate Web: ENV91876 ZAR 5,2 million

5

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

450m²

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

2

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

3

Bev Meerholz 082 443 2952

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

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

FT 4

25

3

3

450m²

Heated

3

4

4

385m²

511m²

Estate

2

8

5

±1.71ha

Y

Y

2

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

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

2

320m²

Scenic

2

Wierdapark Welina Little 083 926 2922

4

4

Web: ENV88521 ZAR 3,05 million

510m²

Flatlet

Y

2

M D A U N A D L A T E

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

4

Blue Valley Golf Estate Web: ENV91308 ZAR 3,35 million

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

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

3

2

Y

114m²

Estate

Y

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

M D A U N A D L A T E

Bev Meerholz 082 443 2952

4

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

Gauteng · Centurion & Midrand

Kosmosdal Debbie Griffiths 061 491 5188

Web: ENV90719 ZAR 2,5 million

Irene View Estate, Highveld Susan Croucamp Web: ENV91379 083 260 9549 ZAR 2,38 million

ST 8566m²

Y

Y

Cottages

Welina Little 083 926 2922

3

4

2½

703m²

Y

Y

2

2

Rooihuiskraal North Web: ENV90829 ZAR 1,995 million

3

295m²

Y

2

Lyttelton Manor Nadine Hobkirk 083 636 5083

4

3

2

2

Y

Duet

Estate

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

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

4

2

Web: ENV88208 ZAR 1,9 million

384m²

Flatlet

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

Y

3

Amberfield Crest Estate Jacqueline Scholtz Web: ENV91291 081 482 7227 ZAR 1,9 million

3

2

197m²

Y

Y

2

26

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

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

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

Gauteng · Centurion & Midrand

Kosmosdal

2

SQ

Y

735m²

2

Jackie van Zyl 079 246 6703

3

Web: ENV80822 ZAR 1,65million

2

200m²

3

1106m²

Y

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

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

4

Rooihuiskraal Web: ENV89481 ZAR 1,85 million

Die Hoewes Nadine Hobkirk 083 636 5083

Thatchfield Elaine Bezuidenhout 076 962 7640

3

2

Kosmosdal Web: ENV91183 ZAR 1,485 million

1

148m²

Debbie Griffiths 061 491 5188

Y

124m² Complex

2

Nadine Hobkirk 083 636 5083

3

2

556m²

Y

2

2

Web: ENV91438 ZAR 1,38 million

2

Thatchfield Web: ENV91645 ZAR 1,35 million

Y

Flatlet

Y

1

2

M D A U N A D L A T E

M D A U N A D L A T E

Highveld Susan Croucamp 083 260 9549

2

FT

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

2½

1000m²

Die Hoewes Web: ENV91843 ZAR 1,4 million

FT 2

Web: ENV91576 ZAR 1,5 million

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

Debbie Griffiths 061 491 5188

McCayla Warriker 062 292 3969

The Reeds Web: ENV91269 ZAR 1,35 million

Tom Davids 073 669 2174

Web: ENV91211 ZAR 1,28 million

ST 3

27

2

2

133m²

Patio

Complex

3

2

134m²

464m²

Estate

2

3

2

121m²

Y

Estate

2

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

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

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

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

Gauteng · Centurion & Midrand

Amberfield Jacqueline Scholtz 081 482 7227

Tom Davids 073 669 2174

Web: ENV90672 ZAR 1,14 million

146m²

Y

Y

2

2

120m²

2

Y

2

Susan Croucamp 083 260 9549

Web: ENV82313 ZAR 885 000

2

1

71m²

Y

Y

1

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

Y

Web: ENV91579 ZAR 719 000

Vesta Elliot 071 849 4245

Vorna Valley, Midrand Web: ENV90525 ZAR 715 000

79m²

Y

Y

88m²

Vesta Elliot 071 849 4245

1

Complex

1

Vorna Valley, Midrand Web: ENV90156 ZAR 875 000

2

1

1

Y

2

101m²

2

Erand Debbie Griffiths 061 491 5188

Web: ENV90713 ZAR 405 000

ST

ST 1

2

ST

Amberfield Jacqueline Scholtz 081 482 7227

1

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

Complex

116m²

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

2

Web: ENV91802 ZAR 899 999

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

M D A U N A D L A T E

Web: ENV91637 ZAR 890 000

ST 2

2

Highveld

Die Hoewes Nadine Hobkirk 083 636 5083

2

Estate

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

2½

Susan Croucamp 083 260 9549

ST

ST 3

Highveld

The Reeds Web: ENV90583 ZAR 1,265 million

1

1

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

97m²

Y

ST 1

1

±35m²

Flatlet Complex

3

Complex

28

Web: ENV87860 ZAR 7,95 million

3

710m²

2,5ha

6

5

2½

M D A U N A D L A T E

500m²

3

350m²

733m²

2

4

3½

Y

Estate

2

3

Y

Scott Riddell 082 561 8650

4

3½

3

455m²

Y

5

James Le Bihan 082 777 3543

4

3½

Fourways Web: ENV87786 ZAR 4,495 million

2

4½

Y

2

Cedar Creek Web: ENV84036 ZAR 4,8 million

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

4

5

Web: ENV91198 ZAR 6,4 million

Web: ENV90817 ZAR 4,65 million

2

Y

Y

2

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

4

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

3

Heike Degener 083 265 4244

Broadacres

29

Y

Fourways Garden James Le Bihan 082 777 3543

Chartwell Web: ENV89391 ZAR 4,95 million

Sarvenaz Haghighi 083 212 4273

4

2

M D A U N A D L A T E

M D A U N A D L A T E

Dainfern Ridge Carren Lea 084 363 4707

4

Dainfern Golf Estate Web: ENV90656 ZAR 6,49 million

5

4

Heike Degener 083 265 4244

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

Chartwell Heike Degener 083 265 4244

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

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

Gauteng · Johannesburg, Fourways | Broadacres

Douglasdale Web: ENV88536 ZAR 3,75 million

3

Y

Y

2

Scott Riddell 082 561 8650

3

2½

Web: ENV88762 ZAR 2,799 million

1

Y

Estate

2

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

M D A U N A D L A T E

M D A U N A D L A T E

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

Gauteng · Johannesburg, Fourways | Broadacres

Fourways Scott Riddell 082 561 8650

2½

3

Y

Y

2

Rienie Burger 071 314 9965

4

4

Jukskei Park Web: ENV91986 ZAR 3,5 million

2

Y

Y

3

Vere Killassy 083 601 1309

4

2

Web: ENV90911 ZAR 2,6 million

2

Y

Y

3

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

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

4

Magaliessig Web: ENV91394 ZAR 2,795 million

3

Cedar Lakes James Le Bihan 082 777 3543

2

Y

Patio

2

Vere Killassy 083 601 1309

4

2½

2½

2

Y

Estate

2

Y

4

2½

Jukskei Park Web: ENV80987 ZAR 2,099 million

2

Heike Degener 083 265 4244

Estate

2

Vere Killassy 083 601 1309

3

Web: ENV91276 ZAR 2,15 million

1

Y

Y

2

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

M D A U N A D L A T E

Fourways James Le Bihan 082 777 3543

3

Chartwell Web: ENV90683 ZAR 2,4 million

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

2½

3

Jukskei Park Web: ENV91966 ZAR 2,499 million

2

Northriding Web: ENV88993 ZAR 1,999 million

2

Y

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

2

Vere Killassy 083 601 1309

4

2

Web: ENV85920 ZAR 1,95 million

1

Y

Gated

2

30

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 · Johannesburg, Fourways | Broadacres

Northriding Lindiwe Mtshali 072 711 2678

2

215m²

Estate

2

James Le Bihan 082 777 3543

2

1

2

2

Y

Estate

2

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

2

Y

Estate

1

Y

2

3

2

130m²

2

James Le Bihan 082 777 3543

1

Y

2

Scott Riddell 082 561 8650

2

Web: ENV88723 ZAR 1,395 million

Complex

2

Fourways Web: ENV86187 ZAR 1,35 million

1

1

Patio

24H

1

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

1

3

5

Douglasdale Web: ENV88777 ZAR 1,399 million

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

2

Carren Lea 084 363 4707

Jukskei Park

31

Estate

Web: ENV91397 ZAR 1,75 million

Maroeladal Web: ENV90153 ZAR 1,525 million

Vere Killassy 083 601 1309

2

Y

Lindiwe Mtshali 072 711 2678

M D A U N A D L A T E

Maroeladal James Le Bihan 082 777 3543

3

Northriding Web: ENV87302 ZAR 1,895 million

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

2

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

3

Fourways Web: ENV91236 ZAR 1,95 million

1

Dainfern Web: ENV86811 ZAR 925 000

1

24H

Y

1

Sarvenaz Haghighi 083 212 4273

2

1

Web: ENV90363 ZAR 799 000

1

24H

1

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

M

M D A U N A D L A T E

S A O N LE D A T E

Gauteng · Johannesburg, Lonehill

Helderfontein

3

1

760m²

1039m²

3

Barry Walker 082 824 5040

6

5

Lonehill Web: ENV85528 ZAR 4,2 million

4

620m²

Y

2

M D A U N A D L A T E

M D A U N A D L A T E

5

Lonehill Web: ENV88880 ZAR 12,5 million

Beverley Jurgen Schuning 072 126 9172

Jurgen Schuning 072 126 9172

3

2

Web: ENV85948 ZAR 3,9 million

260m²

Lonehill Web: ENV90384 ZAR 3,35 million

500m²

Y

2

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

Stuart Isdale 072 988 2141

Barry Walker 082 824 5040

Lonehill Web: ENV89547 ZAR 2,595 million

Jurgen Schuning 072 126 9172

Web: ENV91738 ZAR 1,75 million

ST 2

340m²

Y

2

3

2

485m²

Y

2

2

Paulshof Alon Myerson 079 931 3485

2

Beverley Web: ENV91509 ZAR 1,26 million

1

83m²

Stuart Isdale 072 988 2141

2

1

101m²

2

Cats only

2

2

Paulshof Web: ENV90855 ZAR 1,275 million

Majied Davids 081 269 9566

Web: ENV89564 ZAR 1,15 million

ST Fibre Optic

Y

M D A U N A D L A T E

M D A U N A D L A T E

4

4

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

5

2

1

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

Patio

Y

ST 2

1

2

2

Y

Y

1

32

M D A U N A D L A T E

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

Gauteng · Johannesburg, Sandton | Bryanston

Bryanston Adri Scheepers 083 236 4743

4

2

950m² SQ&Flat

3

Joanne Uitslag 083 353 3422

5

3½

Sandown Web: ENV90130 ZAR 10 million

3

Y

Patio

2

Joanne Uitslag 083 353 3422

3

2½

Web: ENV88814 ZAR 7,599 million

576m²

Y

SQ

2

M D A U N A D L A T E

6

Sandhurst Ext. 4 Web: ENV89261 ZAR 13,9 million

Bryanston Adri Scheepers 083 236 4743

4

5

Bryanston Web: ENV89077 ZAR 7 million

2

500m²

1500m²

2

Adri Scheepers 083 236 4743

4

4

River Club Adri Scheepers 083 236 4743

4

33

2½

Y

4

Y

Y

2

Vuyokazi Nkosi 073 948 4780

4

4½

Bryanston West Web: ENV87819 ZAR 5,5 million

565m²

Bryanston Web: ENV81665 ZAR 6,9 million

Response

5

Vuyokazi Nkosi 073 948 4780

3

2½

474m²

2

1078m²

SQ

2

Sandhurst Ext 4 Web: ENV87349 ZAR 4,699 million

2

Web: ENV87416 ZAR 5,99 million

4154m²

5

Joanne Uitslag 083 236 4743

3

2

Web: ENV90681 ZAR 3,9 million

2

260m²

Patio

Y

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

Gauteng · Johannesburg, Sandton | Bryanston

Mill Hill Vuyokazi Nkosi 073 948 4780

2

2

418m²

Y

2

Adri Scheepers 083 236 4743

2

Bryanston Web: ENV89397 ZAR 2,6 million

2

Built-in Braai

1

Estate

Vuyokazi Nkosi 073 948 4780

3

2

Web: ENV88597 ZAR 2,5 million

1

Complex

24H

2

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

3

Greenstone Web: ENV88807 ZAR 3,799 million

Morningside Joanne Uitslag 083 353 3422

2

2

105m²

Y

Complex

2

Joanne Uitslag 083 353 3422

3

1

Bryanston Vuyokazi Nkosi 073 948 4780

1

1

85m²

Web: ENV91461 ZAR 1,65 million

1

108m²

Y

3

Vuyokazi Nkosi 073 948 4780

2

2

Complex

1

Joanne Uitslag 083 353 3422

1½

1

Web: ENV89950 ZAR 1,399 million

1

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

73m²

Web: ENV86987 ZAR 1,645 million

1

141m²

2

Estate

Greenstone

Bryanston Web: ENV88100 ZAR 1,459 million

1

Bryanston

Woodmead Web: ENV89238 ZAR 1,85 million

Boomed

1

Adri Scheepers 083 236 4743

2

1

Web: ENV89281 ZAR 1,09 million

1

74m²

Y

Complex

34

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

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

Gauteng · Johannesburg, Hyde Park

Melrose Scott Pharoah 084 235 5365

4

Y

Y

Estate

5

Rinda Derksen 082 775 4018

4

Atholl Web: ENV91044 ZAR 17 million

Y

5

Y

Y

4

Scott Pharoah 084 235 5365

6

Web: ENV8920 ZAR 14,9 million

Flat

6

4

Y

4

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

3

Hyde Park Web: ENV90848 ZAR 25 million

Houghton Estate Scott Pharoah 084 235 5365

4

Y

Y

Y

4

Atholl

Demi Stockhusen 082 775 4018

7

Web: ENV90322 ZAR 7,6 million

1.6ha

6½

Y

Y

4

Scott Pharoah 084 235 5365

5

Web: ENV91741 ZAR 6,9 million

4

Underfloor Heating

Y

3

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

3

Benoni Web: ENV91545 ZAR 13,4 million

Inanda Scott Pharoah 084 235 5365

Craighall Web: ENV89903 ZAR 6,8 million

Demi Stockhusen 082 569 7607

Melrose Arch Web: ENV89530 ZAR 5,1 million

Leslie Borland 061 522 5039

Web: ENV91772 ZAR 8,6 million

FT 1966m² Sub-divided

35

Y

Y

Prime

3

3

Underfloor Heating Cameras

Y

2

4

3½

Y

Y

Y

2

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

Dunkeld Scott Pharoah 084 235 5365

Benoni Web: ENV89204 ZAR 5,9 million

Hyde Park

Rinda Derksen 082 775 4018

Web: ENV90830 ZAR 5,5 million

Scott Pharoah 084 235 5365

Web: ENV89343 ZAR 3 million

FT 3

3½

Flatlet Irrigation Estate

2

3

2850m²

3½

3½

Web: ENV91852 ZAR 4,9 million

Estate

3

244m²

2

Chwayita Hoyi 071 134 4108

4

751m²

4½

2½

Y

CBD

Y

Boomed

Y

Estate

1

Chwayita Hoyi 071 134 4108

4

Web: ENV91934 ZAR 3,9 million

Y

2½

2

Boomed

3

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

Illovo

Craighall

Scott Pharoah 084 235 5365

3

1250m²

Hurlingham Manor Web: ENV90960 ZAR 3,9 million

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

3

Y

Midrand

Hyde Park Demi Stockhusen 082 569 7607

Y

Web: ENV90009 ZAR 2,7 million

215m²

1

24H

Central

Chwayita Hoyi 071 134 4108

2

2

Northcliff Web: ENV91315 ZAR 1,85 million

Complex

Complex

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

2

Leslie Borland 061 522 5039

3

2

Web: ENV90395 From R 1,8 million

Complex

1

1

36

Gauteng · Johannesburg, The Parks

Parktown

Killarney

Faith Thomas 072 375 8587

Web: ENV86407 ZAR 3,9 million

Faith Thomas 072 375 8587

Web: ENV91489 ZAR 2,8 million

ST 3

2

Y

Y

1374m²

3

3

2

Melville Web: ENV92093 ZAR 1,83 million

2

Y

1

Study

Cottage

Y

Gontse Mazwi 081 346 7196

1

Web: ENV91507 ZAR 1,2 million

1

50m²

Loft

Complex

1

Turn your sales talent into success become an Engel & Völkers property sales specialist!

A

pp

ly

no w

!

3

24H

Parktown North

Gontse Mazwi 081 346 7196

4

Complex

Are you a talented and ambitious salesperson with plenty of passion for real estate? Now is your chance to become part of the Engel & Völkers success story.

Get started today by applying online at www.engelvoelkers.com/south-africa.

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

37

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

CORPORATE NEWS

Bruce Willis sells property through Engel & Völkers in the US region of Sun Valley, Idaho Hollywood actor Bruce Willis is parting with his estate in the US holiday region of Sun Valley. Engel & Völkers Sun Valley is now brokering the property for 6.5 million US dollars (approx. 5.8 million euros). It is located on the outskirts of Hailey in the US state of Idaho. Bruce Willis enjoyed his greatest successes with movies including “Armageddon”, “The Sixth Sense” and the “Die Hard” film series.

Outstanding land plot with endless privacy The property has an interior of some 780 square metres, and comprises six bedrooms and 6.5 bathrooms. Finished to the finest quality standards, it also presides over a large pool with rock-face landscaping and waterfalls. The approx. 9.45-hectare estate is set amid the natural beauty of Sun Valley, bordering directly onto a lake. This setting gives the property a remarkably high level of privacy. Sun Valley is a sought-after holiday region all year round,

(Image source: Engel & Völkers/ Sun Valley Photo)

with a host of recreational pursuits to offer. These include skiing, hiking, horse riding, golf and tennis.

“We are very proud to be part of such an unique and exclusive brand where we attract celebrities like Alanis Morissette, Justin Bieber, Britney Spears and now Bruce Willis, all within the last 12 months. Our international footprint and global service standards ensures that all clients receive the red carpet treatment which Engel & Völkers is known for, no matter where you are in the world ” says Craig Hutchison.

38

M D A U N A D L A T E

Gauteng · Johannesburg, West Rand

Ruimsig

Homeshaven

3

Strubensvalley Keneilwe Monnakgotla Web: ENV91378 076 114 1688 ZAR 1,9 million

Gcina Nkau 084 425 8319

2½

Y

Built-in

Y

2

39

Y

2

137m²

3

3

2½

Y

2

Braai

Estate

429m²

Willowbrook Web: ENV90646 ZAR 1,85 million

Built-in

Y

Y

2

Gcina Nkau 084 425 8319

3

Web: ENV89884 ZAR 1,19 million

Y

2

Cameras

Y

2

Honeydew

Candice De Sousa 072 754 1651

3

Web: ENV89834 ZAR 2,32 million

Y

2½

Wilgeheuwel Web: ENV90362 ZAR 1,1 million

2½

Dominic Ruskovich 072 300 2610

Ruimsig

Ruimsig Gcina Nkau 084 425 8319

3

Built-in

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

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

3

Y

2½

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

7

Willowbrook Web: ENV84339 ZAR 3,495 million

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

Built-in

Y

3

Dominic Ruskovich 072 300 2610

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

4

Web: ENV89577 ZAR 4,999 million

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

Dominic Ruskovich 072 300 2610

Web: ENV90950 ZAR 999 950

2

Y

2

Candice De Sousa 072 754 1651

3

Web: ENV89605 ZAR 799 999

2

Y

2

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

International · Yachting

M/Y NONO · Impero 37 RPH Admiral – The Italian Sea Group

122.38 ft Length

25.43 ft Beam

10 Guests

M/Y QUARANTA · Catamaran Web: Y-026COO € 13,2 million

18kn Speed

Curvelle

111.88 ft Length

M/Y LIS · Leopard 32 Cantieri di Arno

105.51 ft Length

9 Guests

29.53 ft Beam

12 Guests

17kn Speed

S/Y GIGRECA · Silent 76 Web: Y-024ST € 4 million

24.11 ft Beam

Web: Y-0269OR € 8,5 million

34kn Speed

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

Admiral Sail

75.95 ft Length

Web: Y-0261UT € 3,35 million

19.36 ft Beam

8 Guests

11 kn Speed

40

The property registration process 35. Wait to receive Title Deed from Deeds Office 36. Send Title Deed and Bond Act to applicable parties 37. Finalise taxes 38. Acknowledgement of receipt of documents from the persons involved 39. Close file

6.

7.

1. Transfer attorneys receive signed contract 2. Deed search 3. Open file 4. Control information 5. Send letters to parties

29. Registration 30. Present guarantees 31. Do settlement accounts for parties 32. Inform Municipality 33. Request surplus taxes 34. Debit

SIGNING OF CONTRACT

Bond approval Cancellation figures and title deed requested from bond organisation 8. Request for Municipal clearance certificate for Rates & Taxes 9. Drawing up of transfer documents 10. Arrangement with transfer attorney for collection of occupational interest

11. Parties sign transfer documents and pay fees for municipal clearance certificate and transfer duties 12. Receive cancellation figures and title deed 13. Control stipulations of title and draw up final title deed 14. Request guarantees from bond attorneys

27. Seller vacates property. Please don't remove the refuse removal drum 28. Buyer takes occupation

FINANCE

25. Deeds Office: Micro / Distribute / Jnr / Snr / Head / Prep / Reg 26. Attorney - Prep Control finances / look for deficiencies / agent's commission, etc.

22. Cancellation attorney informs that they are ready to lodge 23. Cancellation attorney organises with bond and transfer attorneys for lodging at Deeds Office 24. Lodge at Deeds Office

41

15. Receive guarantees 16. Send guarantees to cancellation attorneys of the present bond holders 17. Control the balance of the purchase price and make arrangements if necessary 18. Cancellation attorneys receive guarantees and send to financial institution for approval of cancellation 19. Financial institution sign and return to cancellation attorneys

20. Pay outstanding Rates & Taxes in order to receive clearance certificate 21. Pay Transfer Duty

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%

100%

Building Packages - As per New Loans

90%

R1.5m to R2.5m

Up to R1.5m

80%

80%

Higher than R3m

100%

80%

R2.5 to R3m

100%

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%

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

42

2015 2016 Purchase Price / Bond Amount

43

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

44

MOVEMBER DIY Beard Oil

INSTRUCTIONS 1. Add chopped bacon to a large pot. Cook on medium heat for 15-20 minutes until the bacon starts to get crispy, and the fat is foaming.

2. Drain bacon using a colander placed over a bowl. Save the drained fat.

3. Add 2 tsp of bacon fat and butter to pot and return to medium heat. Add onion and salt, then saute for about 10 minutes, stirring frequently.

4. While onions saute, add cooled bacon to a cutting board, and run through with a chef's knife to reduce the size even further.

5. To onion mixture, add brown sugar, apple cider vinegar, dried thyme, black pepper and pinch of cayenne. Add bacon back in to pot and stir.

6. Add water and cook for 10-15 minutes until the mixture is "brick-brown" in color and thick.

7. Add olive oil and balsamic vinegar, stir well.

NOTES 1. This is best served slightly warm.

2. This recipe yields 500ml. Recommended packaging: small 250ml jars.

3. If the jam seems dry after all steps are completed, add another 1/2 cup of water and continue to simmer. It should have the consistency of a relish when all is said and done. It won't be thick like a grape jam, but should certainly have some liquid to it.

to choose essential oil scents that either work with the coconut, or are strong enough to mask it.

STEP 4 Once you've added a few drops of your oils, mix well.

STEP 5 Now pour the mix into your container and allow to come to room temperature, or if you just can't wait that long, let it set in the fridge for a few moments until the oil solidifies.

Turn beer bottles in glasses for your man cave Ÿ

Ÿ Ÿ

Ÿ Ÿ

Choose a good looking beer bottle. You can braid three pieces of cotton string together, then tie it snugly around the beer bottle where you'd like the top of the glass to be, or simply wrap the string 5 times around the beer bottle.

Remove the string without untying it. Soak it in nail polish remover for a few seconds.

Put the wet string back on the bottle. Be sure it is nice and straight!

Light the string carefully. Rotate the bottle so that the entire string catches fire. Rotate continuously for about 30 seconds.

As soon as the flame goes out, submerge the bottle in a pot of ice water. The top will literally just fall off!

Be sure to sand the edges with waterproof sandpaper.

1. Brush out your beard in a downward motion. This will cause your beard to lay all in one direction so that you are trimming on a level playing field.

2. When you are ready to trim, trim your beard in a downward motion. Error on the side of caution. Start slow and trim the longer, outlying whiskers first.

3. Take time to trim, brush, then trim again. Slowly work your way down from sideburns to jawline.

4. Once you get to the base of your beard, it is time to decide if you want to trim that as well...or to continue growing it long. At the very least, shape up any stray growth. This means if you have some whiskers that are outpacing the rest of your beard, get them in line. This will also help your beard look thicker. Hold the trimmer to the base of the beard and trim back towards the neck.

5. Once you are done, take a good long look in the mirror and brush it out a few times. Look for any strays or irregularities.

6. As a final step, you can trim your mustache if you so desire. Use a smaller trimmer head for this aspect. If that is not an option, you can use the edge of your trimmer.

7. Once you are done, wash your beard. The next day, brush out your beard and see how it flows. If you need, bust out the trimmers and do a little clean up.

8. Once your beard is at your desired length, trimming becomes much easier.

Touch up your beard about once a week and a half.

TRIM!

INGREDIENTS Ÿ 900g bacon, raw, chopped Ÿ 2 teaspoons butter Ÿ 2 large onions, diced Ÿ 1 teaspoon salt Ÿ ¼ cup brown sugar Ÿ ¼ cup apple cider vinegar Ÿ 1 teaspoon dried thyme Ÿ 1 teaspoon black pepper Ÿ 1 pinch cayenne pepper Ÿ ½ cup water Ÿ 2 teaspoons balsamic vinegar Ÿ 2 teaspoons olive oil

How to trim your beard.

Bacon Jam

MATERIALS Ÿ 2 tbsp Coconut oil Ÿ Essential oils Ÿ Container with a leak-proof lid Ÿ Heat-proof bowl STEP 1 You'll need coconut oil, essential oils, and a small container for the finished product.

STEP 2 Scoop out two tablespoons of coconut oil into a small dish and melt.

STEP 3 Add your essential oils of choice. (Example a mix of tea tree, bergamot and frankincense for a clean, spicy, slightly sweet scent). Keep in mind that coconut oil has a stronger smell than other carrier oils, so it's best

1

2

3

4