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HAVING the final say in how your home will look and being the first to live in it is enticing, but you need to be aware of the conditions. Photo: PICTURE: MAX VAKHTBOVYCH/PEXEL
Before you purchase a home off-plan, know this… Living in a home untouched by anyone else is an exciting prospect but there are both pros and cons BY BONNY FOURIE bronwyn.fourie@inl.co.za
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HERE ARE many enticing things about buying a property off-plan, but the one many people find most exciting is they get a say in how the final product will look. However, you need to remain realistic about how much you can change and realise that most changes will incur additional costs, says Adrian Goslett, the regional director and chief executive of RE/ MAX of Southern Africa. “While each off-plan build will have its own set of customisable options, the rule of thumb is that you will have a choice of most fixtures and fittings. Any structural changes can only be done pending approval from the developers and
are likely to result in additional admin costs since the plans will have to be redrawn to include your changes.” For most off-plan builds, he says you can expect a range of choices for: • Cupboard door finishes and handles. • Kitchen counter tops. • Flooring options. • Paint colour. “Generally, you will have a choice between a handful of options for each of these features. In some cases, one option might come as standard and the others will come at an additional charge. If you don’t like any of the features on offer by the developers,
you may usually propose your preferred option, but this will come at your own cost if it is approved.” Goslett also cautioned buyers about hoping to make changes after the home was completed as, in most cases, the red tape did not come down after the property had been built. “These off-plan properties are most often built in estates managed by homeowners’ associations, with strict by-laws regulating the appearance of all homes within the community. Some even go so far as to prohibit what sorts of plants may be planted in the front yard.” While it might be easier to get away with changes to the inside of your home, you should never falsely assume that you can go ahead with alterations to the exterior of your property that were initially rejected by the developers during the building process, he warns. “The reality is that buying off-plan is not the same as building your own home. If you want the flexibility to design a home that is 100% what you would prefer, then you would save yourself a lot of frustration by building a property from scratch instead.” Buying off-plan means that you are not only purchasing a property before the building has been completed. It also means you will be paying a sizable deposit, with the balance of the purchasing price only payable on transfer,
explains Mike Greeff, the chief executive of Greeff Properties. The deposit, held in a trust, accrues interest for the purchaser. “Your deposit depends entirely on the developer but it’s usually between 5% and 20% of the purchase price. Remember, even if a building is well on its way to being built, it is still considered off-plan.” For buyers who like the idea of being the first to live in a home, there are many ways that off-plan properties can be found. The main method, he says, is by using a reputable real estate company as the agents will be aware of the latest and/or upcoming developments. Real estate agents and developers also usually advertise the developments when they launch, notes Keith Anderson of Dogon Group Properties. “You may see adverts in the media, on on-line property portals, or hear about them through word of mouth.” A factor which could be considered a disadvantage of off-plan buying is that you may have to wait longer than expected before transfer due to unforeseen delays on the part of the developer. Even if this does occur though, Greeff says the longer the wait, the more capital growth accumulates. Buyers who intend to purchase for the purposes of buy-tolet should consult an agency who knows the area and the development’s position to ensure
there will always be a fair demand for rentals and sales. You should also ensure the credibility of the developer and ask the following questions: • How many years have you been in business? • How many developments have you completed? • Are your renderings a true reflection of how the development will look? If you are going this route, you should also ask to see all the plans and specifications of the property before paying a deposit. “It is not wise to rely solely on promotional brochures. If you don’t have the original specifications, then the developer can essentially change the building and you’ll get something you weren’t expecting.” You need to make sure the developer has a good track record and ensure the contract states that there is time post-completion for inspection. “This gives you time, before you move in, to address any issues you might have with the building and it gives the developer enough time to fix it,” Greeff says. You should also find out how long the development will take to be built and how it will be managed by the developer. Anderson adds that buyers must make sure that the major banks have approved the scheme. You must also ensure that you sign a floor plan and finishes schedule and ensure that your future levies have been advised.
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Western Cape and KZN are top picks for SA property buyers
Coastal provinces are proving to be more popular for South African property buyers, with young people looking to live in smaller homes in the country’s inner cities BY BONNY FOURIE bronwyn.fourie@inl.co.za
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HE WESTERN Cape and KwaZulu-Natal are the country’s favourite provinces to buy property, with homes in these regions selling faster than those in other provinces. Inner cities, meanwhile, are proving attractive to young home buyers. Citing the latest FNB Property Barometer, Grant Smee, the managing director of the Only Realty Property Group says the national average time a house spends on the market is eight weeks. In coastal areas, however, the time is shorter. “Unsurprisingly, given the surge of semigration to the province, the Western Cape indicated the most favourable conditions for selling in the country, with the average time a property spent on the market being six weeks and three days. “It’s clear that the Western Cape is going to lead the country in terms of demand and a competitive residential property market for some time to come.” He says the province has seen a “surge” of semigration as people choose to relocate in the
search for “the excellent quality of life that the Cape offers”. “The popularity is reflected in the province’s higher property prices and lower rental vacancy rates.” FNB data shows that KZN closely follows the Western Cape, with the average time spent on the market being six weeks and four days. “Gauteng, the country’s most populated province, recorded the longest time at eight weeks and six days,” Smee says, adding, however, that a common trend across all provinces is that well-priced homes sell the fastest. “By price segment, homes within the R1.3 million to R2.6m bracket were snapped up the fastest, with the average time spent on the market at six weeks and four days.” When it comes to house price inflation, Smee says Lightstone data shows there is also a “marked difference” across provinces. • Northern Cape: 9.4% inflation • North West: 6.9% inflation • Eastern Cape: 6.6% inflation • Western Cape: 6.3% inflation • Free State: 5.4% inflation
• Limpopo: 4.9% inflation • KZN: 4.5% inflation • Gauteng: 4.4% inflation • Mpumalanga: 4.4% inflation “It’s important to note that these statistics don’t mean that it’s suddenly cheaper to buy a home in Camps Bay than it is to buy a home in Kimberly. “The most expensive properties are primarily located in the coastal provinces, and Lightstone’s inflation figures are primarily boosted by high rates of activity in what they classify as the ‘low value segment’ – less than R250 000.” He says the strong performance of affordably priced homes and inflation growth in the inland provinces may bring some relief to sellers. “While houses in the Western Cape or KZN are more likely to sell faster than similarly priced properties in other provinces, it is still price and not geography that is the number one determining factor in how fast a home will sell.” Young people want to live in cities. Inner city living, meanwhile, is boosting the city residential property market and driving urban rejuvenation,
says Andrea Tucker, the director of MortgageMe. The urban densification trend is accelerating post Covid-19 due to lockdowns having changed the way people work, leaving many office and retail spaces in city CBDs empty and disused. She says this is urging developers and investors who own commercial properties in inner cities to transform their building stock into residential or mixed-use developments, reigniting a trend for inner city living. The benefits include reduced commuting time, lower living costs, and better access to transport hubs, essential services, and universities. “The shift to inner city living tends to be more inclusive of lower-income home seekers while also combating unsustainable urban sprawl. “Cities have a huge capacity to densify and support large numbers of people while limiting their impact on the environment due to reduced land consumption, efficient infrastructure, and fewer cars on the road. With the state of the economy, more middle-class South Africans are looking for
smaller, centrally located spaces with lower rates and levies. “This trend among the younger middle class to buy smaller, lock-up-and-go spaces in cities is driving urban regeneration and boosting the urban residential property market.” Small living spaces, says Graham Ross, of Just Property Blouberg, are “great” as they are more affordable. “You save on utilities and home maintenance. And it will be easier to make the capital investments that will save you even more in the long run, like a solar system. Going small will allow you to buy in a better area. If you are downscaling, you’ll have more for little luxuries like travelling, and to put towards other investments.” Ana Roberts, of Just Property Upper Highway, agrees. “Another great benefit is that small spaces require less furniture – a few great statement pieces allow for simple, minimalist decor and a beautiful, welcoming home at a fraction of the cost of furnishing a big house. And the cleaning is a breeze.”
HOMES in coastal provinces are selling faster than those in other provinces. PICTURE: EL GRINCHO/PIXABAY
FIND US HERE: @iolproperty @iolproperty @iolproperty.co.za
DISCLAIMER: The publisher and editor of this magazine give no warranties, guarantees or assurances and make no representations regarding any goods or services advertised within this edition. Copyright ANA Publishing. All rights reserved. No portion of this publication may be reproduced in any form without prior written consent from ANA Publishing. The publishers are not responsible for any unsolicited material. Publisher Vasantha Angamuthu vasantha@africannewsagency.com Executive editor Vivian Warby vivian.warby@inl.co.za Features Writer Bonny Fourie bronwyn.fourie@inl.co.za Design Kim Stone kim.stone@inl.co.za
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P R O P E R T Y CONSUMERS will have to be selective about what they spend their money on and how far they travel to shop for goods PICTURE: IGOR KARIMOV/UNSPLASH
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Planning on buying your first home? Avoid these 3 mistakes
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UYING A home is one of the biggest inancial commitments most people will make. It is therefore vital to be aware of the potholes you need to avoid, says Gerhard Kotzé, the managing director of the RealNet estate agency group. Three mistakes you should not make: 1. Rushing into a purchase Buyers should always avoid buying in a rush, especially in a town or area they do not know well. Kotzé say research is essential, so even if one does not have young children, for example, they should check the quality of the schools, as well as the medical facilities, the crime rate, shopping areas, and entertainment facilities – anything that
could affect the resale potential of their home. 2. Opting to not get pre-qualified for a home loan Not taking the time to pre-qualify for a home loan before looking at properties for sale is a mistake. “You really need to go through this process with a reputable mortgage originator so you are very clear about what you can afford, and don’t waste any time looking at homes that are out of your price range. In addition, being pre-qualified for a loan will give the home seller confidence that you will be able to finance your purchase.” 3. Putting all your money into the purchase Kotzé says buyers must avoid putting all their cash
or savings into their home purchase. “While lenders are obviously more likely to approve a loan with a 10% or 20% deposit, it is prudent for buyers to keep some cash in reserve for unexpected moving expenses and emergencies, as well as the legal, bond and transfer costs which, in most cases, have to be paid in cash. “Rather try to obtain the maximum home loan you are comfortably able to afford, leaving some leeway for possible future interest rate increases. “And if you do have any spare cash left after the move, you can always pay it straight into your home loan account to immediately reduce the principal amount and increase your home equity.”
STEEP PETROL PRICES SET TO TO KEEP PEOPLE AWAY FROM BIG SHOPPING CENTRES THE RISING petrol price is expected to see consumers being more selective on what they spend their money on and how far they travel to buy goods. This could see them staying away from large shopping centres. FNB commercial property economist John Loos says it is well-known that the cumulative
WHEN BUYING a home, avoid these mistakes. PICTURE: ALENA DARMEL/PEXELS
fuel price increase has added significantly to overall consumer price inflation, and this week’s increase sustains the pressure. And because people cannot avoid buying petrol, they will have to reduce their spending on non-essential items and delay some low-frequency purchases.
What is a bank guarantee when buying a property? And how can I get one?
“We believe that this impact could be felt more in larger super-regional and regional shopping centres, which are more significantly focused on such purchases, including entertainment, eating out, and clothing and footwear retail. “Smaller convenience and neighbourhood centres focused more heavily on essential food and grocery shopping are likely to feel this indirect impact of fuel inflation to a lesser degree.”
A BANK guarantee means the seller will be protected by the bank if the buyer if unable to meet their contractual commitments.
ONE OF the most important matters that buyers are in the dark about is how to protect themselves when putting down a deposit on a house – or more specifically the benefits of a bank guarantee. A bank guarantee, says Jackie Smith, the head of Buyers Trust, a division of the ooba Group is a “financial backstop” offered by a lending institution. In the case of a property deposit, the bank issues a guarantee to the seller that the buyer has sufficient funds to meet the deposit amount.” This means that the seller will be protected by the bank if the buyer
is not able to meet their contractual commitment in terms of a deposit. How to secure a bank guarantee A deposit is generally paid by a buyer to a seller within an agreed period – after the offer to purchase on the property has been accepted. Smith explains that there are several ways in which the payment of the deposit can be achieved: 1. Buyers can choose to pay the deposit into their estate agent’s trust account, or the transferring attorney’s trust account. 2. They can also arrange with their bank for the issue of a guarantee to the transferring attorney, but this option generally comes with lots of paperwork and a hefty fee from the bank. 3. Choosing the likes of a third-party financial services provider like Buyers Trust that facilitates the investment of the deposit into a bank account in the buyer’s name and simultaneously issues a guarantee to the transferring attorney.
A FORECAST ON WHAT LIES AHEAD FOR THE CONSTRUCTION SECTOR
THE FUTURE of the construction industry will rely heavily on the global climate and local socio-economic factors. PICTURE: PHOTOMIX/PIXABAY
THE FUTURE of the construction industry will rely heavily on the global climate as well as several localised socio-economic forces, says Mark Snow, the audit partner at Mazars in South Africa. This is in tandem with the political will to release infrastructural projects in future. “With the global move from in-office working to remote-work culture, the great reduction in office space requirements will serve as a compelling force for property and construction companies to pivot and adapt their growth strategies and operational process to thrive in the ‘new normal’. “On the retail front, where digitisation has been felt acutely, the move away from brick-and-mortar retail into the e-commerce space has necessitated a new way of thinking about the spatial needs of civil society and what this means for construction.” In health care, an industry in which there has been a definitive upswing lies a myriad opportunities to innovate and devise new ways of finding solutions that can be solved by the construction industry, Snow says, adding that the increased demand for products in the pharmaceutical, technological and
logistical sectors could also provide the construction industry with the boost it needs to regain its pre-Covid stature as an essential contributor to the GDP of the country. “Labour-related issues will continue to come under close scrutiny with the risk of community unrest and tension still bubbling under the surface. “Taking a proactive stance to managing these issues will become the key to minimising disruption and maintaining stable profit margins.” In terms of emerging technology and its rapid rate of advancement, he believes that the increasing risk of cyberattacks and the resulting loss of intellectual property will mean that construction companies need to keep a key eye on cybersecurity. The use of new technologies such as BIM modelling and the use of drones will provide the potential to enhance efficiency across the board. “Overall, the major challenge that firms across the sector will face relate to the selection, pricing and execution of projects in the most efficient and profitable way possible, within a relatively unstable global climate.”
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National Listings
T O A D V E RT I S E I N K WA Z U L U - N ATA L Sherine Budhram
084 460 7295
sherine.budhram@inl.co.za
TO ADVERTISE IN WESTERN CAPE Abigail Wilmot
083 212 1141
abigail.wilmot@inl.co.za
TO ADVERTISE IN GAUTENG Antoinette Gilbert 083 793 5382
antoinette.gilbert@inl.co.za
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KLOOF / PADFIELD PARK LIVE THE LIFE YOU'VE IMAGINED
FROM R1 550 000 NO TRANSFER DUTY
JUST LAUNCHED OVER
50% SOLD
NEWLY BUILT 2 & 3 BED SECTIONAL TITLE HOMES KZN's Premier Over 50s Lifestyle Estate With over 50% of the estate now sold out, Greenhaven Estate recently launched 63 new sectional title opportunities in two new development phases. Available in six different size and layout design options, these spacious two and three-bedroom single-level units, feature contemporary country-style architecture, and a selection of modern finishes. From 24-hour security, natural wetlands, a Care Centre with assisted living facilities, and a clubhouse with a resort swimming pool, bowling green, gym, bar, and restaurant - Greenhaven Estate offers you a secure leisure lifestyle with everything you could ever possibly need right on your doorstep.
LEISURE LIFESTYLE ESTATE FOR OVER 50s
BOOK AN ESTATE TOUR / CALL 079 046 1441 / GREENHAVENESTATE.CO.ZA
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WELL MAINTAINED FAMILY HOME IN SECURE ESTATE - R3 950 000 This much-loved family home is extremely well positioned on the water hole in Phezulu Game Estate. The home boasts two en-suite bedrooms on the ground floor, both opening onto the wooden deck and sunk in pool. The views are out of this world, and you will look out onto the animals grazing, every day of your life. The extra length double garage has built in cupboards, large scullery with pantry cupboard, beautiful kitchen with special features. On the first floor there are 2 large bedrooms, a “jack & jill” bathroom, study, and generous landing. The garden is well established and there is additional storage under the house. Phezulu offers its residents hiking and cycling trails, access into the private game reserve in a 4 x 4 vehicle and a unique lifestyle second to no other estate if you enjoy the outdoors.
TO VIEW BY APPOINTMENT CONTACT MICHELLE GRANT ON 083 638 0282 or 031 777 1464 • www.phezuluestate.co.za
RHONDA RAAD PROPERTIES We specialise in the Sales and Rentals of residential property in the Southern Suburbs and Surrounds. Contact us today for all your Buying, Selling and Rental needs on 082 448 7795 / 021 685 2212.
CONTACT US NOW: 082 448 7795
WOODSTOCK UPPER MILLION RONDEBOSCH CAVENDISH HEIGHTS R2,1 MILLION WHITEHALL COURT R1,35MILLION MILLION RONDEBOSCH R1,R2,1 5 MILLION R1,95 MILLION RONDEBOSCH R5,3 UPPER R1,95 MILLION RONDEBOSCH RONDEBOSCH R2,3 MILLION CLAREMONT R4,995 ON SHOW Sunday 2 – 5 pm Cathay View, 12 Devonshire Hill Road, Rondebosch
ON SHOW SUNDAY 2-5PM
*Woodlands, 5 Highstead Road, Rondebosch.
Small Security Complex. Two Spacious Security Complex Ecklenberg in pretty garden Delightful North-Facing Three Bedroomed, Bedroomed Apartment with lounge setting. Spacious Three Bedroomed Apartment Two Bathroomed Apartment (126m²) leading to large Fitted Kitchen with Lounge &Balcony. Dining Room. Fitted (200m²) with Stunning Mountain Views. *Kitchen, & Full Room, Bathroom. *Parking Bay. Kitchen.*Communal Garden. *Garage. Dining Sun Room, Two Full Bathrooms, Close to Street Shops, Restaurant *Walk toDean Rondebosch Boys Prep & High TV Lounge & Laundry Room. *Tandem Garage. and Jammie Shuttle Stop. Schools and Groote Schuur Primary! *Close to Shops & Transport.
Small Security Complex above the Main Charming Two Bedroomed Apartment (95m²) Road.Fitted LargeKitchen modernised with open Bachelor to Dining Room / converted One Bedroomed Lounge andto Balcony with views. Apartment Full Bathroom (46m²) Kitchenette, and Sepwith Toilet. **Covered Built-in ParkingCupboards Bay. **Walk andKingsbury Balcony. Shower Walk to to Hospital,Bathroom. Library, Restaurants, UCT, Jammie Shuttle, & Transport. Jammie Shuttle, Shops Shops and Transport!
Spacious North-Facing Spacious Three Bedroomed Apartment Spacious North-Facing TwoBedroomed Bedroomed 24HR Security Complex inTwo Prime Position. Two Apartment with Lounge and Balcony with (123m²) above the Main Road in pretty Apartment withBathroomed Lounge and Balcony with Bedroomed, Two Apartment (92m²) Mountain Views.Bathroom Bathroom with Shower Mountain Views. with Shower garden Fitted Kitchen and with Two setting. Balconies & Superb Views! Fitted over Bath. Bath. Fitted Kitchen. *Garage. *Walk Bathroom. *Parking Bay. Walk UCT, over Kitchen. *Garage. *Walk Kitchen openFitted plan to Dining Room andtoLounge. to Shopping Shopping Centres, Restaurants, UCT Jammie Shuttle, Main Road Shops & to Centres, Restaurants, UCT Two Shower Bathrooms. **Two Parking Bays. and Transport. Transport. Transport. **Close to all Amenities and City Centre. and
Security Complex above Ecklenberg in Large pretty Security Main Road. Large OneComplex Bedroomed pied-à-terre Apartment garden setting. and Spacious Three with Balcony & Bedroomed Stunning Three Lounge Bedroomed Apartment (127m²) Apartment (200m²) with Stunning Mountain Mountain Views. 24HR Security Shareblock with mountain views. Fitted Kitchen and Views.*Kitchen, Room, Sun Room, Two Complex. FittedDining Kitchen. Shower Bathroom. Lounge with Balcony. *Plus Garage. *Close Full Bathrooms, TV Lounge & Laundry Room. **Garage. **Catering & Cleaning Services. to UCT,toSchools, ShopsTheatre Transport. *Tandem Garage. *Close toand Shops & Transport. **Walk Shops, Baxter and Library!
CONTACT: RHONDA C: 448 082 7795 448 7795 0212212 685 2212 E: rrpsales@mweb.co.za / www.rhondaraadproperties.co.za CONTACT: RHONDA C: 082 T: 021T:685 E: RRPSALES@MWEB.CO.ZA / WWW.RHONDARAADPROPERTIES.CO.ZA
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Modular Units From R 17 500 p/m
OPENING SOON! Pinelands Place Care Centre Lonsdale Way, Pinelands Our new custom designed units allow for a private, personal space. The Care Centre offers a warm friendly atmosphere, companionship and the professional care of CPOA.
COME AND FIND OUT MORE • • • • • • •
24-Hour care and assistance Modular Units 3 Meals per day Daily in-house activities Companionship Respite Care available Lush Gardens
For more information contact Care Manager Sr. Petro Nhlebeya on 021 531 8868 • PetroN@cpoa.org.za • MAlcock@cpoa.org.za • www.cpoa.co.za
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The depictions herein are for illustrative purposes only and are subject to change without notice.
ELEVATED BEYOND DESIGN
BANTRY BAY - FROM R39 MILLION (VAT INCL. - NO TRANSFER DUTY) A precinct of unparalleled elegance, these homes are both timeless and understated; set within the landscape of an ancient slope that possesses a paradisal microclimate. Nowhere else on Cape Town’s Atlantic Seaboard will summer sing more beautifully or winter be gentler. Six unique homes composed in three identical constructions breathe effortlessly within the landscape and urban framework. The spaces between these buildings make the buildings as much as their design do. Luxia on Ravine Road captures this contextual relationship by applying fresh ideas and concepts for the latest evolution of the site’s rich history.
The depictions herein are for illustrative purposes only and are subject to change without notice.
Adrien Epstein +27(0)83 455 5661 Denise Dogon +27(0)82 449 6608 Vicky Atlas +27(0)83 447 1381
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B I SH O PSC O U R T - R 4 5 MIL L IO N E XC I T I N G N E W R E L E A S E
Web Ref: RL12185
A S UBSTANTI AL ELEGANT HOME I N BI S HOPS COU R T
A home of grand proportions & sophistication. This beautiful & versatile 7 bedroom family home set in peaceful surroundings, offers expansive & classically attractive living areas. A formal sitting room, dining room, study with wood paneling, & family living room leads to the undercover patio. All rooms have their own fireplaces creating a wonderful atmosphere for winter evenings. This is a truly magnificent & glamorous home situated in Bishopscourt reminiscent of days gone by. Extremely private & dreamlike
ALEXA HORNE 082 349 7799
G REEN P OINT - R 4 .75 M I L L I O N
SOUTHERN SUBURBS 021 671 0258
N EW L A N DS U PPER - R 11. 8 MIL L IO N
NEW RELEASE
NEW RELEASE
Web Ref: RL12195
D E WAT E RKAN T - R 5.2 MI LLI O N NEW RELEASE
Web Ref: RL12192
O U TSTAN DIN G IN V E STM E N T
This unit offers an open floor plan, large windows allowing in plenty natural light & an elegant kitchen with integrated Smeg appliances. (VAT Inc. - No Transfer Duty)
KEAGAN 082 902 8202
BERNICE KAYE 072 942 0548
JAMES 082 485 2702
UNIQUE UNDERSTATED ELEGANCE
Situated in the heart of the Village on a double erf, 620m2. This 4 bed home is ideal for a family who loves entertaining. 1 Garage, 2 off-street parkings & good security
Web Ref: RL12198
EXCLUSIVE
MA JESTIC VIEWS - OPULENT LIVING
This 2 bedroom apartment oozes light and you can soak up the sun from every room. 24 Hour security, indoor pool and gym in the complex. 2 P/bays
SANDRA EVANS 083 253 0115
d o g o n g r o u p . c o m A visionary company with decades of experience
LESLEY 061 439 8225
LEAH 082 608 3388
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TIMED ONLINE AUCTION TUES, 21ST JUNE 2022 @ 12 NOON https//:bidlive.maskell.co.za
Semi-detached double-storey family home with 3 bedrooms and single lock up garage: 98 Barracuda Road, Newlands East, Durban Duly instructed by the Curator of the Joint Estate of BN and KW Wiese, Case no.: KZN/DBN/RC 2215/20
Bidding opens Tuesday, 21st June 2022 at 12noon & closes From* 12noon Wednesday, 22nd June 2022
Contact Danielle 082 801 6827 / danielle@maskell.co.za • R50 000 buyer's card deposit payable by EFT • 10% deposit payable on fall of hammer • FICA to be provided • “Above subject to change without prior notice • Sale subject to confirmation (E&OE) • *Staggered auction times • To be offered with and without the lease agreement
URGENT LIQUIDATION AUCTION OF PRIME 13HA SITE WITH FUTURE DEVELOPMENT POTENTIAL ~ CAMPERDOWN RURAL ~
Obo the Provisional Trustees of Insolvent Estate ME Stevenson, Master’s Ref no. N294/2019/PMB
BIDDING OPENS ON WEDNESDAY, THE 22nd JUNE 2022 AT 12 NOON & CLOSES ON THURSDAY, THE 23rd JUNE 2022 FROM 12 NOON Bid online via our APP https://bidlive.maskell.co.za
This well positioned property is easily accessed from the N3 National Road via Uitkomst Road. The property is located in close proximity to the highly anticipated Cato Ridge Logistics and Dry Port Contact 0333971190 OR Danielle 0828016827 OR danielle@maskell.co.za • R50000 to obtain buyer’s card by EFT • 10% deposit payable by successful bidder on fall of hammer • FICA to be provided • Sale subject to confirmation • “above subject to change without prior notice” (E & Oe)
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HOME LOANS
Now is the time to find out how much you qualify for as the repo rate is at a record low. Celestine is always available to take your call and guide you through the process from application through to registration. She will pre-qualify you for a home loan before you start house hunting. A pre-approval is very useful when house hunting as it helps the agent narrow down which properties to show you and not waste unnecessary time. Complete one application and she will apply to all 4 major banks and negotiate the best interest rate on your behalf. Call her for quick and efficient service Please feel free to contact Celestine at any time on 084 559 1786 | celestine@property360.co.za
www.iolproperty.co.za
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DOGON GROUP PROPERTIES Atlantic Seaboard Office 021 433 2580 thekings@dogongroup.com www.dogongroup.com
RHONDA RAAD PROPERTIES Cape Town Office 082 448 7795 Email: rrpsales@mweb.co.za www.rhondaraadproperties.co.za
SHELLEY RESIDENTIAL KZN Office 082 412 4463 Email: hello@shelley.co.za www.shelley.co.za
DOGON GROUP RENTALS Sea Point Office 021 433 2580 enquiries@dogongroup.com www.dogongroup.com
THE WOODLAND Umhlanga Office 081 281 3960 Email: info@woodland.co.za www.woodland.co.za
BALWIN PROPERTIES Ballito Office 084 788 1020 Email: michelle@balwin.co.za www.balwin.co.za
DOGON GROUP PROPERTIES Southern Suburbs, Claremont Office 021 671 0258
PETER MASKELL AUCTIONEERS KZN Office: 033 397 1190 Email: info@maskell.co.za www.bidlive.maskell.co.za
NOBLE RESORTS CAPE TOWN 010 612 6060 sales@nobleresorts.co.za www.nobleresorts.co.za
VAN’S AUCTIONEERS Gauteng Office 086 111 8267 www.vansauctions.co.za
WIDENHAM RETIREMENT VILLAGE South Coast, KZN 066 306 0669 / 066 306 0612 www.hibiscusrv.co.za
southernsuburbs@dogongroup.com
www.dogongroup.com
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