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OFFERING the right price for a home is one of the biggest worries for buyers. PICTURE: IVAN SAMKOV/PEXELS
Buying a home can be scary, and we bet these are your biggest fears Starting the hunt for that first property is a thrilling journey that leads to many benefits for owners but there are also worries and possible hurdles along the way BY BONNY FOURIE bronwyn.fourie@inl.co.za
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ROM knowing which properties to view and what to offer, to navigating the process and choosing the right home, there are many anxieties for first-time buyers. Perhaps you are worried about putting in an offer that is too high but are scared that if you go lower, you will not get the home? Or maybe you fear buying the wrong home? Whatever your worries, the experts have advice. How much is too much? Roger Lotz, the franchisee for the Rawson Properties Helderberg Group, says buying property is one of the biggest financial decisions a person can make, and so it is not surprising that the number one fear buyers have is overpaying. “There are a huge number of trends and influences that contribute to a property’s value, and these can make it very hard, as a newcomer to the market, to judge if a listing price is reasonable. “The only way to ease the anxiety is to arm yourself with solid, substantiated evidence.”
He adds: “Remember, trends like buyers’ and sellers’ markets don’t always apply the same way in specific areas, or to specific properties and property types. It’s vital to base offer decisions on specific data that takes context into consideration, rather than generalised – and often outdated – public domain advice.” Whichever way you arrive at an offer, Carlo Mariani, the founder of The Property Coach, says you should never pay more than market value, even if you love the property. This is because banks are unlikely to finance a property bought above market value. Also, once you have decided to make the offer, you need to be serious about it. “And make the offer in writing. Keep its validity for no longer than 24 hours. Agents are always in contact with their sellers.” Choosing the right home Everyone wants their first home to be their dream home but, realistically, Lotz says, budget limitations seldom make this possible for first-timers. It can be less
stressful making compromises when you understand that your first home doesn’t have to be ideal to be the perfect stepping stone towards your future dream home. “Keep an open mind during the property search, and focus on your must-haves rather than your niceto-haves. Every home has pros, cons and loveable quirks – don’t miss out by judging a book by its cover.” More importantly, you need to remember that even the most modest property provides invaluable equity in the market, and will get you “one step closer to affording your ‘forever’ home down the line”. Tony Clarke, the managing director of the Rawson Property Group, also urges you to remember the long-term nature of property investment. Therefore, your decisions must not only suit your needs today but also in the future. “You need to be sure a property will support your lifestyle for the next five to 10 years at the very least. Consider things like some room to grow if you hope to start a family, and make sure the location offers everything you may need in
terms of job opportunities, schools, shops, transport, sporting and social facilities.” You should also be aware of the additional costs that come with buying and owning property, he says. Fear of missing out (Fomo) Competition for properties can be intense, and Lotz says some listings never make it to online portals before being snapped up. “Fomo is very real in property. We see buyers paralysed, waiting for the perfect property that could be just around the corner, and buyers terrified that if their offer is not accepted, they’ll lose their only chance at their dream home.” The fears are unnecessary, however, when you are supported by experienced property professionals, he notes. Gerhard Kotzé, the managing director of the RealNet estate agency group, adds that young people should also not be driven by Fomo. “This is a large investment that is going to have a long-term effect on your finances, so you shouldn’t make it in a rush. Slow down to plan properly, and buy when you’re ready.” Discovering unexpected defects Nobody wants to get the keys to their new property only to find the roof leaks or the foundations are subsiding. Yet, while sellers are required to disclose known defects up front, Lotz says the “voetstoots” clause in property contracts makes it the buyer’s responsibility to ensure a full inspection is done before the sale is finalised. “A good real estate agent can also be an asset here, not just connecting you with reputable inspectors, but flagging areas for investigation based on years of experience dealing with properties in all conditions.” Steve Thomas, a real estate agent for Lew Geffen Sotheby’s International Realty in Constantiaberg, says that if an owner sells voetstoots, then says you must agree to undertake and remedy any items noted on the certificate at your cost and before the transfer
is put through, this could be a deterrent. The term “voetstoots” means that any problems with the home’s structure, visible (patent) or not (latent), are the buyer’s problem – not the seller’s, unless the seller covered them up, explains Alan Rubin, the head of ooba Home Loans. “Voetstoots protects the seller, except in cases where the seller hides or chooses not to disclose defects in a disclosure form before the sale.” Fortunately, he says, Section 67 of the new Property Practitioner Act 22 states that an estate agent can accept the mandate of a sale only if the seller or lessor of the property has completed and signed a mandatory disclosure form. The form gives the seller the opportunity to disclose any defects or issues with the property that they know about. However, it is important to remember that this is focused on what the seller knows and not what the facts are. Not understanding the sales process For first-time buyers, the property sales process often feels overly complicated and obscured by legalese and jargon. This, Lotz says, creates a lot of unnecessary anxiety that can be avoided with the help of property professionals who understand all the ins and outs and implications. “We often see buyers misinterpreting processes like negotiating a final purchase price and ending up disappointed by the outcome. This really is easy to avoid when you’re working with a trusted adviser who can guide you through the complete purchase journey and make sure you know exactly what to expect, every step of the way.” To make sure you’re working with the right partner, Lotz recommends researching the company and agents with whom you will be working. “Make sure they are experienced and active in your neighbourhood, backed by a reputable brand, and have all the necessary support services to facilitate a successful transaction.”
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THERE has been a strong net semigration of skilled middle-to-higher income households to the Western Cape, and net outflows away from Gauteng. PICTURE: THOMAS BENNIE/UNSPLASH
Western Cape pulling in residents from all over SA
Semigration has helped the province’s ‘meteoric rise’ to first spot in terms of the value of residential building plans completed in 2022 BY BONNY FOURIE bronwyn.fourie@inl.co.za
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HE magnetic pull of the Western Cape is growing stronger as remote working sees more people migrating to the province’s many regions. An example of this is the number of new building plans being passed in the province. One of the most “interesting features” of Statistics SA’s residential building statistics during 2022, says John Loos, the property sector strategist at FNB Commercial Property Finance, has been the “meteoric rise” of the Western Cape to first spot in terms of the value of residential building plans passed and completed. The first five months of 2022 saw the Western Cape’s value of residential building plans passed account for 34.13% of the national total, above Gauteng’s 29.8% share. The third-largest market, KwaZulu-Natal, came in at 19.03%. “The picture was similar for FIND US HERE: @iolproperty @iolproperty @iolproperty.co.za
residential buildings completed, with the Western Cape having 40% of the national share in terms of value, Gauteng 31.3%, and KZN 15.2%.” Loos says Gauteng’s share of the market has dropped from the 2020 to 2022 period of Covid-19 lockdowns and beyond. “If the Western Cape sustains this stronger momentum in residential building activity, relative to the rest, 2022 will be the first year on record in which that province records a bigger value of plans passed and completions than Gauteng – and every other province.” He adds that there has been “strong evidence” in the postlockdown period, of strong net semigration of skilled middle-tohigher income households to the Western Cape, and net outflows away from Gauteng. “The semigration flows to
the Western Cape have also increasingly broadened outwards from Cape Town, to the Southern Cape as well as up the West Coast, requiring significant development activity in those regions. “The sentiment towards the Western Cape has been more positive, it would appear, attracting significant skills inflows and likely investment flows.” And in St Francis Bay in the Eastern Cape, Brendon Lahana, the principal of Chas Everitt St Francis Bay, says property sales in the area have rocketed in the past two years. With supply exceeding demand, the average home sale price is almost 60% ahead of the average for the previous 24 months. Excellent sales after the pandemic lockdowns in 2020/2021 were followed by exceptional sales from mid-2021 to mid-2022. There is no sign of demand slowing. “It’s very clear that St Francis
Bay has gone from being a quiet holiday retreat to one of South Africa’s most popular ‘zoom towns’, with young couples, families and retirees flocking here from cities across the country to enjoy our peaceful and relaxed lifestyle. “In fact, 400 new families have moved here in the past two years and now we are starting to see property developments in response to the demand.” The main drivers of the buyer influx, he says, were initially the very low home loan interest rates that prevailed until December 2021, and the huge spike in remote working, which gave people much more freedom to choose where they live. “But there is also an ongoing trend towards living more simply and safely, and with more access to nature and outdoor activities, small country and coastal towns like St Francis Bay offer this.” Lahana says the biggest percentage of buyers in the past year has been aged between 40 and 60, and that most have relocated from Johannesburg, Cape Town and Durban. The Plettenberg Bay market also remains on its upward trajectory, says Steven Neufeld, the manager principal of Lew Geffen Sotheby’s International Realty Plettenberg Bay. So far, 2022 looks to be another record-breaking year for the popular seaside town in the Western Cape as semigration continues to fuel a buoyant market. “In 2021, the total value of sales broke the R2 billion mark for the first time in history, a whopping 82% up on 2020, with the number of sales increasing by 44% and average prices rising
by 26%.” Claude McKirby, the co-principal of Lew Geffen Sotheby’s International Realty in Cape Town’s southern suburbs and False Bay, adds that many agents across most areas have reported a spike in enquiries from upcountry buyers. Citing Lightstone data, he says that during the first quarter of 2021, coastal property inflation was 6.2% and non-coastal 5.6%. By Q2 this year, property inflation on the coast had risen to 8% while inland it had dropped to 4.9%. “The provincial picture for the same period is much the same, with the exception being KwaZulu-Natal where property inflation dipped from 5.5% to 4.9%, although this has more to do with the devastating floods they recently experienced than the appeal of the region. “Year-on-year, property inflation in Gauteng dropped from 4.8% to 3.8% whilst in the Western Cape it increased from 5.9% to 6.2% and Nelson Mandela Bay saw a significant jump with property inflation rising from 6.7% to 8.9% by the end of Q1 2022.” Nancy Massing, the managing director of the group’s Cape Peninsula franchises, says there has been a “notable uptick” in enquiries about the whole Cape Peninsula, from Muizenberg to Noordhoek, since mid-2021. “The region is attracting local and upcountry buyers as it not only offers the quintessential seaside village and outdoor lifestyle, it does so at more accessible pricing than most comparative coastal areas and it also offers a broad selection of properties.”
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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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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PixieG Estates
Tel: 031 764 7996 Cell: 083 562 3630 www.pixiegestates.co.za | lara@pixiegestates.co.za Friendly and professional
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PixieG Estates
ON SHOW SUN 2 - 4:30PM
SOLE MANDATE
ST HELIER R5 200 000 CONVENIENT COUNTRY LIVING Perfect for a nature-loving family with a passion for the outdoors and adventure, but still needs to be near town for work and school. BRING YOUR OFFERS 3 Bedrooms | Expansive Entertainment area | Incredible views | 2 car double garage + 1 single garage used as bicycle workshop & storage + office. 2km from Hillcrest CBD & M13. See for yourself! Follow boards from Old Main Road, Hillcrest Toyota. Call LARA 083 562 3630 • Web Ref: 671
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Managed By
Developed By
SHOW UNITS NOW AVAILABLE TO VIEW Managed By
Developed By
Wytham Estate offers an assortment of exclusive facilities for residents • Enjoy the Highwick House clubhouse, restaurant, coffee shop, cinema, library, gym and wellness center. • 24hr security • Secure parking • Limited selection of garden apartments remain • Home based care available and full-time care staff on-site • Solar power and backup to essential home systems. Back up generator for lifts and communal essential lighting.
RETIREMENT DEVELOPMENT IN KENILWORTH
• Communal library • Cabling connection points for electric cars have been thought of and would be available in the future on request. Only 30 apartments remain, for anyone over 65 Levies from R11 750 including meals City Council Municipal Rates from R950 depending on property size
CALL FOR A SITE TOUR AND A MEETING FOR FURTHER INFORMATION ABOUT THIS MAGNIFICENT ESTATE
+27 63 707 2886
sales@wytham.estate
www.wytham.estate
Wytham Avenue, Kenilworth, Cape Town
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I N T R O D U C I N G :
WYTHAM ESTATE:
the best move you’ll make
WYTHAM ESTATE is a new, upmarket retirement village that has been designed and developed from a desire for people to spend their golden years within the historic Cape Town suburb of Upper Kenilworth. It offers a selection of 49 apartment-style units and 12 mewsstyle homes – each with access to comprehensive home-based care options and 24/7 manned security to ensure residents’ peace of mind and the knowledge that they can access the care they need, as soon as they need it. Residents will be able to enjoy luxurious on-site amenities including a restaurant, cafe, library, wellness centre, several entertainment areas, and even a boutique hotel for visiting friends and family. But that’s not all that makes Wytham Estate unique. The gorgeous property and landscaped gardens are also steeped in Cape Heritage. THE DISTINGUISHED HISTORY OF WYTHAM ESTATE The story of Wytham Estate dates from the first Dutch Cape governor, Simon van der Stel, and the beautiful homestead called Stellenberg. Draped across the southern slopes of Table Mountain, the original farm stretched across most of what is known as
Claremont and Kenilworth today, and played a key role in the establishment and development of the Cape. In 1886, Stellenberg was sub-divided and a house of epic grandeur was built and purchased by Henry Beard, a minister of Parliament and distinguished businessman. After his death in 1926, the property was purchased by Judge James Stratford. It was around this time that the estate became known as Wytham Estate. In 1961, Stanley Lewis, the man behind the successful Foschini Group, bought Wytham Estate. The family owned the house for 41 years, and Stanley often used the house to host important business meetings and spent hours building his retail empire from the study – a room carefully restored to become the Lewis Library in the Manor House that Wytham Estate residents can enjoy today. AVIEW Developers purchased the property in 2017 and got to work building the magnificent retirement lifestyle estate, quietly weaving together the script for the next chapter in this rich, historical tapestry. WYTHAM ESTATE LEVY AND LIFE RIGHTS STRUCTURE The dedicated team behind Wytham Estate understands that our residents are looking for a retirement living option that
prioritises comfort and ease over the daily stresses of traditional home ownership. Following a life rights model, every element of the estate has been designed to make our residents’ lives cost-effective and enjoyable. HOW LIFE RIGHTS WORK: • The developer is the owner and grants a right of tenure over the property. • Individuals who “buy” into the estate hold the right and occupy the “purchased” home until they pass away or decide to move elsewhere. • Holders benefit significantly from avoiding much of the day-today responsibility and taxes (VAT and transfer duty) that come with home ownership. Monthly levies include care; catering; cleaning of common facilities; security; insurance; management; maintenance; and garden services. The levy is run in a not-for-profit structure which ensures that residents receive great service and site maintenance at the lowest possible cost. Secure your dream home now by visiting https://wytham.estate/
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C L A R EM O N T U PPER - R 12 . 495 MIL L ION E XC I T I N G N E W R E L E A S E
Web Ref: RL12274
FI NE LI VI NG I N P R ESTI G I OUS S ECUR I T Y ESTAT E
Situated in sought-after Claremont Upper and positioned in a tranquil pocket in the Estate, a 465m2 double storey contemporary home which has been carefully designed with the functionality of indoor & outdoor living. Engineered oak flooring exceptional fixtures & fittings, wood-burning glass fronted fireplace, this fine home has seamless flow from living to dining to family/TV room & spacious dream kitchen with scullery. 5 Bedrooms, 4.5 bathrooms, state-of-the-art security plus 4 car garage
LANA HOLT 071 035 9458
SANDRA EVANS 083 253 0115
SOUTHERN SUBURBS 021 671 0258
H I G G OVA L E - R 19.9 95 MIL L IO N
ON SHOW
Web Ref: RL12197
THE HI G HLI G HT OF HI G G OVALE
Located in the lush suburb of Higgovale, in an exclusive secure complex of only five units, this homely 3 bed residence offers the quintessential lock-up and go lifestyle. Do not hesitate to arrange your private viewing ON SHOW SUNDAY 3-5PM - FOLLOW
KEAGAN JAMES 082 902 8202
BOARDS CORNER OF BELLEVUE STREET AND HIGGO CRESCENT TO HIGGO ROAD
JAMES CURTIS 082 485 2702
HEAD OFFICE 021 433 2580
d o g o n g r o u p . c o m A visionary company with decades of experience
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SEA POINT - R 3.49 M I L L I O N
G R EEN PO I N T - R 2 . 4 MIL L IO N NNE EWWRRE EL LE EAASSE E
NEW RELEASE
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WYN BE RG UP P E R - R 5.6 MI LLI O N NEW RELEASE
Web Ref: RL12272
Web Ref: RL10864
A U G U S T
EXCLUSIVE
Web Ref: RL12277
FA B U LO U S A PA RTM E N T W ITH O PE N B A LCONY
BEAUTI FUL APAR TMENT I N HI STOR I CAL ENC L AVE This enchanting and well located 1 bed apartment is 1 of only 11. Each apartment has its own outdoor patio for entertaining. Communal pool & good security
Set in a cul-de-sac, this 3 bedroom Victorian is within walking distance to all the Wynberg schools and Springfield School. Move in and feel right at home
ALISON ROBB 082 956 9506
ALISON ROBB 082 956 9506
MARK BECKER 083 283 2466
SEA POI NT - R 4 .495 M I L L I O N
N EW L A N DS - R 2 . 2 MIL L IO N
TAMBO E RS KLO O F - R 2.995 MI LLI ON
Well positioned 2 bedroom apartment in a sought-after security block located metres from the Promenade, situated between Beach & Main Roads
BEAUTIFUL DOUBLE-STOREY VIC TORIAN
PRICE REDUCED
Web Ref: RL12245
Web Ref: RL12230
Web Ref: RL12235
POSITION - POSITION - POSITION
2 BED APAR TMENT NESTLED I N NEWL AND S
A delightful ideal lock-up & go single level living renovated cottage. Modern open-plan kitchen, dining room & lounge leading to entertainment courtyard
MICHELLE 082 321 7871
STEPHEN 082 600 5335
CIT Y CEN T R E - R 1.615 M I L L I O N
SPACIOUS & TRANQUIL WITH L ARGE PATIO
Perfectly suited 2 bedroom apartment located within a well-maintained complex Close to most amenities, 2 parking bays and good security
Relax in this welcoming & immaculate ground floor 115m2 2 bed, 2 bath private retreat, surrounded by trees, greenery & an abundance of light. Tandem p/bay
NADIA RAPITSE-HURLING 061 256 0020
ALISON ROBB 082 956 9506
RONDEBOSCH - R4.75 MILLION
D E WAT E RKAN T - R 5.2 MI LLI ON
PRICE REDUCED
Web Ref: RL10176
ST U NNI NG STUDIO A PARTME N T
Stunning studio apartment with city views from the balcony. Excellent designer and luxury finishes throughout. Excellent security. VAT Incl. - No Transfer Duty
DUNE 084 358 4910
LOVELY SPACIOUS APARTMENT
3 Bed, 2.5 bath apartment in sough-after “Ecklenberg”. Spacious living areas, ideal for entertaining & cosy study with lovely garden views. Single garage & 1 p/bay
NATACHA 083 449 9933
EXCLUSIVE
Web Ref: RL12198
Web Ref: RL12199
MA JESTIC VIEWS - OPULENT LIVING
This 2 bedroom, 2 bathroom apartment oozes light and you can soak up the sun from every room. Excellent security, 2 parking bays and a storeroom
TESSA HUND 072 133 5576
LESLEY 061 439 8225
LEAH 082 608 3388
CH O I C E S E LE C T I O N O F C A P E T O W N ’S D EVELOP MENTS T HE E STAT E
T HE CLI FFO RD
SEA POINT - R 9.9 95 M I L L I O N
SEA PO I N T - R 3. 6 5 MIL L IO N
Web Ref: RL12266
Web Ref: RL11935
LIVE LIKE NO-ONE ELSE
2 Bedrooms (both en-suite), fully integrated entertainers kitchen with Smeg appliances Breathtaking sea views, excellent security plus 2 p/bays. VAT Incl. - No Transfer Duty
JAMES 082 485 2702
LESLEY 061 439 8225
Web Ref: RL10843
UNOBSTRUC TED HARMONY
This 1 bed unit offers open-plan accommodation with your own private balcony and a perfect work-from-home sanctuary. VAT Incl. - No Transfer Duty
SERRYN 082 770 7680
STATION HOU SE
S E A P O IN T - R 3.73 MI LLI ON
JAMES 082 485 2702
Rentals 021 433 2580 A visionary company with decades of experience
ONE-OF - A -KIND LUXURY APARTMENT
This 1 bedroom apartment is conveniently located within a stone’s throw from the beachfront promenade. VAT Incl. - No Transfer Duty
LEAH SLEIGH 082 608 3388
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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
HEIGHTS R2,1MILLION MILLION RONDEBOSCH WHITEHALL COURT R1,35MILLION MILLION RONDEBOSCH R1, WOODSTOCK UPPERR1,95 R2,1 5MILLION NEG. RONDEBOSCH MILLION RONDEBOSCH R5,3 MILLION RONDEBOSCH R1,15 RONDEBOSCH MILLION RONDEBOSCH R1,675 MILLION CAVENDISH R4,995 ON SHOW Sunday 2 – 5 pm Cathay View, 12 Devonshire Hill Road, Rondebosch
ON SHOW SUNDAY 2-5PM
*Oakhurst Mansions, 4 Oakhurst Avenue. Small Complex. Two Spacious SecuritySecurity Complex Ecklenberg in pretty Delightful Two Bedroom Apartment in garden the heart Bedroomed Apartment with lounge setting. Spacious Bedroomed of the Golden Mile.Three Spacious LoungeApartment and Fitted leading to large Balcony. Fitted (200m²) with Stunning Mountain Views. *Kitchen, Kitchen with built-in Oven, Hob andKitchen Extractor & Full Room, *Parking Bay. Dining Sun Room, Full Bathrooms, Fan. FullBathroom. Bathroom. Walk toTwo Michaels Restaurant, Close to Dean Street Shops, Restaurant TV Lounge & Laundry Room. *Tandem Garage. Oakhurst and Rondebosch Boys Schools, and Jammie Shuttle Stop. *Close to Shops & Transport.
Jammie Shuttle Stop, Park & Restaurants.
ON SHOW SUNDAY 2-5PM
ON SHOW SUNDAY 2-5PM
*Woodlands, 5 Highstead Road, Rondebosch. *Roslyn Gardens, 6 Roslyn Road. Small Security Complex above the Main Spacious North-Facing Spacious Three Bedroomed Apartment Spacious North-Facing TwoBedroomed Bedroomed Charming Two Bedroomed Apartment Security Complex inTwo Prime Position. Two Pied-à-terre Bachelor Apartment in Small (95m²) Road. 24HR Road.Fitted Large modernised Bachelor Apartment with Lounge and Balcony with (123m²) above the Main Road in pretty Apartment with Lounge and Balcony with with Kitchen open to Dining Room / Bedroomed, Two Bathroomed Apartment (92m²) Security Complex with Lift and Lovely Views! Open converted to One Bedroomed Apartment Mountain Views.Bathroom Bathroom with Shower Mountain Views. with Shower garden Fitted Kitchen and Lounge andRoom Balcony views. Full Bathroom Two setting. Balconies & Superb Views! Fitted plan Living withwith Built-in Cupboards. Fitted with (46m²) with Kitchenette, Built-in Cupboards over Bath. Bath. Fitted Kitchen. *Garage. *Walk Bathroom. *Parking Bay. Walk UCT, over Kitchen. *Garage. *Walk and Sep Toilet. **Covered Parking Bay. **Walk Kitchen openFitted plan to Dining Room andtoLounge. Kitchen and Bathroom with Shower. *Plus and Balcony. to Shopping Shopping Centres, Restaurants, UCT andKingsbury Balcony. Shower Bathroom. Walk to Jammie Shuttle, Main Road Shops & to Centres, Restaurants, UCT to Hospital, Library, Restaurants, Shower Bathrooms. **Two Parking Bays. Shower Bathroom. Walk to Rondebosch Shops, Two and Transport. UCT, Jammie Shuttle, & Transport. Transport. Jammie Shuttle, Shops Shops and Transport! **Close to all Amenities and City Centre. and Transport.
Doctors Rooms, Baxter Theartre and Transport.
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
URGENT TENDERS ARE INVITED
Duly instructed by the attorney in the matter between KZN Growth Fund vs HBM-SA Health Protection (Pty) Ltd
Closing date 31 August 2022 @ 12noon
INVESTMENT OPPORTUNITY
URGENT TENDERS ARE INVITED FOR THE PURCHASE OF NEW FULLY AUTOMATED CONDOM MANUFACTURING PLANT INCLUDING LATEX PROCESSING EQUIPMENT - DIPPING LINES VULCANISING EQUIPMENT - TESTING EQUIPMENT - PACKING EQUIPMENT - LABORATORY EQUIPMENT LATEX PROCESSING EQUIPMENT: Vulcanizing Tanks, sanding machines, tanks, centrifuge, screens, compressors etc. - DIPPING EQUIPMENT: 2 Dipping lines incl. latex tanks and drying equipment VULCANIZING EQUIPMENT: 5 Vulcanizing machines - PACKING EQUIPMENT: Square foiling machines, three row square foiling machine, 2 X flow wrap machines - ASSORTED EQUIPMENT: Dust extraction equipment and environmental control equipment. FOR A COMPREHENSIVE LISTING AND TENDER DOCUMENTS CONTACT SEONE ON 0828090188 ,033-3971190 OR seone@maskell.co.za TENDERS ARE TO BE DELIVERED IN A SEALED ENVELOPE TO “J V HART, UNIT 1, BUILDINGC, 460 TOWNBUSH AT CASCADES, MONTROSE, PIETERMARITZBURG MARKED “HBM– TENDER DOCUMENT”
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18 PROPERTIES ON AUCTION - 23 AUGUST 2022 DUBE TRADEPORT KING SHAKA INTERNATIONAL AIRPORT DUBE TRADEPORT AGRIHOUSE
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R102
TOM | 083 636 7800
± 886 HA SUGARCANE FARM On either side of the N2 at the Tugela Bridge, Northern Bank, North Coast, KwaZulu-Natal Total Extent: ± 886.4193 Ha | ± 500 Ha Sugarcane | ± 60 Ha Fallow land | ± 60 Ha Timber | 11 Adjoining portions | Excellent exposure to N2 highway
LUKE | 071 351 8138
RETAIL CENTRE WITH NATIONAL TENANTS 48B High Street, Oudtshoorn Extent: ± 6 476 m² | GLA: ± 2 797.7 m² | Fully let retail centre | Current Gross Annual Income: ± R3.6 Million | Tenants: Standard Bank, Absa, Wimpy & Midas
MUHAMMAD | 079 458 4256
INVESTMENT OPPORTUNITY WITH DEVELOPMENT POTENTIAL 36 Dr Mangosuthu Buthelezi Drive (Corner of Kangela Street & Dr Mangosuthu Buthelezi Drive), Eshowe Extent: ± 4 047 m² | Gross Annual Income (Including Recoveries): ± R336 K | Tenancies: 3 Years remaining on lease | ± 200m from Eshowe Mall
LUKE | 071 351 8138
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VIREND | 071 383 1735
DEVELOPMENT SITE AT THE ENTRANCE TO KING SHAKA INTERNATIONAL AIRPORT 250 Old Main Road, Dube Tradeport, La Mercy Extent: ± 4.7 Ha | High exposure development site | Strategic position near Dube Tradeport | Fronting onto the R102
IDEAL RESIDENTIAL CONVERSION 332-340 Dr Pixley Kaseme (West) Street, Durban CBD GLA (Basement, Ground floor & 10 Floors) ± 4 900 m² | Total Gross Annual Income: ± R7.8 Million | Nedbank – Triple Net Lease – Expiring February 2024 with option to renew until 2028 | Proposed head lease for upper floors
OPENING BID R3 MILLION
OPENING BID R1 MILLION
LUKE | 071 351 8138
4 BEDROOM HOUSE WITH 2 FLATLETS 24 Broadwood Drive , Herrwood Park, Umhlanga Extent: ± 1 301 m² | 4 Bedrooms | Swimming Pool & lapa | Double garage and ample secure parking | Brand new kitchen | Well located family home | 2 Income generating flatlets
VIREND | 071 383 1735
± 1 350 M² COMMERCIAL RE-DEVELOPMENT OPPORTUNITY 49 Glenugie Road, Manors, Pinetown Zoned: Transition Zone 2 | Vacant occupation | Corner site with two road frontages | High exposure | Ideal for fast food outlet, showroom, retail | Positioned 600m from Pine Crest Shopping Centre
VIREND | 071 383 1735
UPMARKET RETIREMENT UNIT IN SIBAYA PRECINCT Unit 429 Ocean Square, 46 Heleza Boulevard, Sibaya Precinct Unit Extent: ± 83 m² | 2 Bedroom, bathroom, open plan kitchen, dining room and lounge | 2 Parking bays | Sold vacant occupation Viewing: Sunday 14th August 2022 from 13h00 to 15h00
MUHAMMAD | 079 458 4256
FRONT LINE COMMERCIAL PROPERTY IN BUSY NODE 141 Che Guevara (Moore) Road, Bulwer, Durban Combined Extent: ± 1 409 m² | Excellent retail opportunity | Prime corner site | ± 800 m from N3 | On-site parking | ± 19 Parking bays | High levels of vehicular and pedastrian traffic
COSMO CITY
VIREND | 071 383 1735
BLOCK OF 32 FLATS – INVESTMENT OPPORTUNITY Units 1-36 SS Penway, 27 Magwaza Maphalala (Gale) Street, Berea 32 Residential Bachelor apartments (range from 31m² to 35m²) | Ground (± 320 m²) and First floor (± 330 m²) (Retail/Factories/Offices) | Double Storey Workshop/Factory Component (± 260 m²) | Gross Annual Income: ± R1.3 M
LUKE | 071 351 8138
DEVELOPMENT INDUSTRIAL LAND BORDERING N2 Erf 3723 (Jack Smith Road) Ballitoville Extent: ± 13 621 m² | High visibility to N2 | Development land | uitable for trucks
MUHAMMAD | 079 458 4256
PRIME COMMERCIAL & INDUSTRIAL REDEVELOPMENT OPPORTUNITY 9 Posselt Road, New Germany Extent: ± 2 007 m² | 150 m from Rodger Sishi Intersection | Exposure to high levels of vehicular traffic
ROSS | 082 923 9277
RURAL RETAIL DEVELOPMENT SITE Corner of Marina Street & South Africa Drive, Cosmo City, Johannesburg Extent: ± 5,71 Ha | Rural Development Land | Fuel station, retail & residential opportunity | High exposure corner site | Brilliant position
LUKE | 071 351 8138
ROSS | 082 923 9277
MULTI-LEVEL INDUSTRIAL PROPERTY WITH GOOD ACCESS 48 Ophir Road, Ophirton, Johannesburg Extent: ± 6 761 m² | GLA: ± 6 243 m² | Multi-level Industrial | Upside on a redevelopment | High demand rental area | Good exposure
LUKE | 071 351 8138
WILDLIFE CONSERVATION IN BOTSWANA Tuli West Conservancy, Botswana Extent : ± 2 569 Ha | 20 Stands available, sold as one lot | Private Lodges | Option to sell portions as lodge developments | Premium stands with exceptional game viewing
± 59 HA DEVELOPMENT SITE ON N3 HIGHWAY WITH ± 19 HA CONSERVATION AREA Mpushini Business Park, Lynnfield Park ± 59 Ha Development park known as Mpushini Business Park | Environmental authorization for a mixed use development
DECEASED ESTATE
POWER OF ATTORNEY
ALAN | 082 445 5048
2 BEDROOM APARTMENT Section 2 SS Whispers, 8 St Patricks Road, Scottsville, Pietermaritzburg Extent: ± 86 m² | 2 Bedroom | Bathroom | Single lock up garage | Quiet road near school
TOM | 083 636 7800
FAMILY HOME IN SECURE ESTATE 30 Mountain Rise Road, Phezulu, Hillcrest Extent: ± 2 355 m² | 5 Bedrooms | 3 Bathrooms | TV room | Dining room | 2 Lounges | Study
Auction Date & Time: 23 August 2022 | 11h00 | Auction Venue: Mount Edgecombe Country Club, Gate 2, 1 Golf Course Drive, Mount Edgecombe | Terms: R50 000 refundable registration deposit. Strictly by EFT. FICA Documents are required | Auctioneer: Andrew Miller
CONTACT US FOR MORE INFO: 0861 444 769 info@in2assets.com 063 500 1652 www.in2assets.com
The Rules of Auction & CPA Regulations can be viewed at www.in2assets.com or at Unit 505, 5th Floor, Strauss Daly Place, 41 Richefond Circle, Ridgeside Office Park, Umhlanga Ridge. Bidders must register to bid and provide original proof of identity and residence on registration. The Rules of Auction contain the registration requirements if you intend to bid on behalf of another person or an entity. The above properties are subject to a reserve price and the sale by auction is subject to a right to bid by or on behalf of the owner or auctioneer. In terms of the POPI Act, our contact details have been stated in this document. By responding to such, you hereby opt in for future marketing communication via email, mobile and WhatsApp. Email optout@in2assets.com to be removed from all future communication.
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A U G U S T
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A G E N T S ’
DOGON GROUP PROPERTIES Atlantic Seaboard Office 021 433 2580 thekings@dogongroup.com www.dogongroup.com
D I R E C T O R Y
RHONDA RAAD PROPERTIES Cape Town Office 082 448 7795 Email: rrpsales@mweb.co.za www.rhondaraadproperties.co.za
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SHELLEY RESIDENTIAL KZN Office 082 412 4463 Email: hello@shelley.co.za www.shelley.co.za
PixieG Estates
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
PIXIEG ESTATES Upper Highway - KZN Contact: 083 562 3630 Email: info@pixiegestates.co.za www.pixiegestates.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
DOGON GROUP PROPERTIES Western Seaboard Office: 021 556 5600 or 021 433 2580 enquiries@dogongroup.com www.dogongroup.com
www.iolproperty.co.za
www.widenhamretirementvillage.co.za
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