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BRACING FOR THE R I S I N G TA R I F F S T O R M A H E A D PA G E 3
PICTURE: SAMI ANAS/PEXELS
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Caution is the name of the game Although interest rates are low, other living expenses are going up, so ensure you can afford what you commit yourself to BY BONNY FOURIE bronwyn.fourie@inl.co.za
Getting the family involved in cooking at home will offer entertainment and opportunities to save money. PICTURE: ANNA PROSEKOVA/PIXABAY
LOW interest rates have been a treat for homeowners – and aspiring owners – but don’t assume they will last. They are not the new normal. Geoffrey Lee, Absa’s managing executive for home loans, says when people do this, the effect of the reductions will be largely used up. “Should rates or living expenses increase in the medium term, it is important that home loan customers be in a position to absorb slightly higher instalments or risk falling behind on their repayments.” BEFORE BUYING Lee says, generally speaking, buying a home is the single-largest purchase many people will make in their lives. To this end, it is vital for them to arm themselves with as much information as possible. “As a customer, it is essential that you are realistic about what you can afford and you need to assess whether you can afford the loan before the application process begins. Managing your finances and ensuring that you will be able to meet the repayment requirements, for the full period of the loan, is important. Any major investment warrants careful research before
you take the leap. “Once you’ve done your homework, you can take the next step from an informed position.” Depending on your circumstances, says Craig Mott, Rawson Property Group’s sales manager in the Western Cape, you can play it safe by applying for a bond below the most you can afford, with a sizeable deposit, or take advantage of the current lending climate to secure a loan. “There are great opportunities out there at the moment, and for those who are able and see this as a good opportunity to invest in a safe and long-term asset, now will be the time to take advantage of circumstances – but do so in a responsible manner. Rather use this time to buy low and pay off as much debt as possible, which could put you in a strong position for the future.” S AV V Y S P E N D I N G – A N D S AV I N G Mott says homeowners are facing a significant rise in household expenses and so the unchanged interest rate offers an important chance to consolidate finances, pay off debt and boost savings as much as possible. “This will go a long way towards minimising the effect any
interest rate increases will have on the security of consumers’ property investments and other debt, despite tight financial times.” The relatively high cost of living and the possibility of an increase in interest rates in the short term will require consumers to review their household budgets to generate savings, says Ester Ochse, product head at FNB Money Management. “However, small, gradual changes in how you manage your day-to-day spending, and how you think about money, can free up some cash flow to save.” Here are four areas where you can save during these challenging times, she says: International travel/holidays: The global pandemic has restricted travel, with stringent conditions where it is allowed. While your suitcases may be collecting dust, your holiday budget should be growing. Following the easing of inter-provincial travel, you could also explore local tourist attractions or within South Africa with some of your holiday budget. Entertainment: With places of entertainment, including restaurants, restricted to prevent an increase in Covid-19 cases, many consumers are choosing to stay at home. Get the family
involved in cooking, which has the dual purpose of entertainment for the kids and saving money. Clothing/footwear: Look at items that you can wear at home and at the office. The dual-purpose outfits will help you save a few rand and keep you stylish at the same time. You can pick up bargains on online sales. Fuel: Given the lockdown restrictions and work-from-home options, put your monthly travel or petrol budget into a savings account. This can be accessed at a later stage or can be used for emergencies. Ochse adds: “Consumers should consider using points earned through rewards programmes like eBucks as an alternative when purchasing food or fuel instead of using cash, which could help you save a bit more. The freed-up cash flow can then be added to savings or used to pay off debt.” ASK FOR HELP If you do end up in financial distress, though, you should approach your home-loan lender as soon as possible, Mott says. “Banks are open to compromise but they’re not going to overlook those who default without explanation.
“Many loan agreements have built-in credit insurance which could help you cover bond repayments until you are back on your feet.” He says for those without insurance, banks do offer debt restructuring, so it is vital to get in touch with your lender to discuss a way forward. In terms of measures to assist clients in distress, Lee says Absa has time-honoured interventions to help its customers recover from financial hardship – and many have, over the years, benefited from these efforts. “All cases are considered individually, depending on the specific customer’s circumstances.” CONTINGENCY PLANS Some homeowners struggling with their bond repayments might be able to let their property, using the rent to cover repayments. “You could let the property for rent and find something more affordable to rent yourself until you are financially sound. “You can also consider renting the property and staying with family or friends until you have accumulated some income and are ready to move back.”
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Letter from the editor WE HAVE changed the headlines on our property stories numerous times today. I felt they were too negative, that there had to be hope for our readers, who are probably struggling with the reality of what living through a pandemic means. But, no matter how we tried to change them so they were potentially lighter, the fact is that things are tough for many of us. I realise we cannot escape this reality, whether it is witnessing the people we love struggling with ill health, or facing death, or the financial losses and dramatic changes in lifestyle that are affecting many. Holding on to the roof over our heads has also become harder than many of us could have anticipated. But experts are encouraging and tell us not to give up. In our advice piece they offer savvy and unique ways in which to save your cents to ensure you can continue being a homeowner. Other experts even suggest turning your hobby into a side hustle to bring in extra cash. And there are some green shoots – low interest rates have meant more people have been able to own a home; we are also seeing more women become homeowners and South Africans’ sense of ubuntu has seen people opening their homes to relatives and friends in dire straits. Tough times are also the mother of all inventions and we are already seeing some phenomenal ideas of what homeownership of the future could look like. For instance, the Australian app Mortgage Mates – pretty much like the dating app Tinder – helps you find the perfect partner with whom to buy a home. We are also seeing a move to small, self-sufficient communities and homesteads. Another green shoot is how environmentally aware developers are becoming and how green buildings are now the norm. And let’s not forget about the revolutionary idea of buying a home via tokenisation. Yes, times may be tough but if, like me, you have lived more than 20 summers, you will know by now that things don’t stay one way forever. Warm regards
Vivian Warby vivian.warby@inl.co.za
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The pandemic, unrest and the weak economy mean things will not be easy – but at least interest rates are still low BY BONNY FOURIE bronwyn.fourie@inl.co.za Widespread wage restraint is putting pressure on household finances. PICTURE: MIKHAIL NILOV/PEXELS
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OUTH AFRICANS are in for a tough couple of years as they contend not only with a global pandemic, economic weakness and social unrest, but a rising cost of living that is spiralling out of control for many families. The only real saving grace is the low interest rate. Property rates and taxes have increased, as have fuel and utility tariffs, outweighing most salary increases – for those who have been fortunate to receive them. Many families are, instead, facing reduced salaries and even complete loss of income. And this, says Craig Mott, Rawson Property Group’s sales manager in the Western Cape, can have knock-on effects on people’s lifestyles and mental health. “Not having enough money to get through a full month can be really worrying for any individual.” Residents in the main three metros will see the following increases for the 2021/2022 year:
P R O P E R T Y R AT E S : Cape Town Joburg eThekwini
4.5% 2% 4.9%
E L E C T R I C I T Y: Cape Town Joburg eThekwini
13.48% 14.59% 14.59%
W AT E R A N D S A N I TAT I O N : Cape Town Joburg: eThekwini:
5% 6.8% 8.5%
R E F U S E R E M O VA L :
@property360.co.za
Cape Town: Joburg: eThekwini:
@property360.co.za
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3.5% 4.3% 4.9%
More concerning, however, is that these municipal increases will be higher next year. FNB economist Koketso Mano says price inflation for the next year is actually lower than the previous year, with average metro and rates increases declining from nearly 6% in 2020/2021, to 5.6% in 2021/2022. “This lower inflation will be supported by lower property rates, which are in the region of 3.5%.” However, inflation is expected to rise towards the longer-term average of close to 9% between July 2022 and June 2023, driven by pressure on water availability. “Municipal electricity tariffs should be hiked by 14.5% this year (metro average), following a 6.2% average over the July 2020 to June 2021 period. Further pressure is expected in July 2022 as the National Energy Regulator of SA continues to liquidate the court rulings in favour of Eskom’s disputed Regulatory Clearing Account decisions. “The speed at which these get passed onto the consumer will be better understood early next year.” Fortunately, Mano says, petrol prices should moderate going into next year as Opec+ oil producers phase out oil production limits and alleviate pressure on global Brent crude oil prices. “These declining petrol prices mean that fuel price inflation will fall considerably during 2022, reducing pressure on household finances. “Food and non-alcoholic beverages inflation should also moderate in 2022, falling from current highs of over 6% to average just below 4.5% in 2022 – supported by abundant supplies in domestic agricultural markets.”
This alleviation in cost-push price pressures, coupled with subdued demand-driven inflation, should assist in mitigating rising utility inflation, he adds. Geoffrey Lee, Absa’s managing executive for home loans, retail and business banking, says widespread wage restraint in the economy, which constrains disposable income, is putting pressure on household finances. In addition, there are unlikely to be sustainable “big improvements” in household disposable income without stronger employment growth. “To this end, consumers will undoubtedly remain under financial pressure. “Covid-19 and the devastating scenes of recent unrest and violence in parts of South Africa, including the vandalising of infrastructure, have added to this financial pressure.” However, interest rates are expected to remain low for a while, although the South African Reserve Bank will have to start removing the current “highly accommodative monetary policy stance” as the economic recovery gains traction. Absa Research forecasts an increase of 75 basis points in the repo rate next year. “Against this background, mortgage affordability for most borrowers has been significantly enhanced through the current low interest cycle. In essence, the large reduction in interest rates has stimulated the demand for housing by making repayments more affordable... “More importantly, this has helped a much greater number of customers with continued affordability when it comes to
servicing their loans (despite pressure on income during the pandemic).” Still, Lee acknowledges that there is “no one-size-fits-all approach” when it comes to consumers’ unique financial situations, and while most customers who were on Absa’s Payment Relief Programme have made a full recovery, its arrears levels have “undoubtedly increased where our customers have been permanently affected by the pandemic’s effect on the economy”. “The reality is that the Covid19 pandemic and the recent unrest in South Africa have had profound financial consequences for many. And while the reduction of rates has provided a much-needed boost for the market, we may not see the same level of activity continue sustainably if this is not supported by economic growth.” Mott says people need to “make every rand count in their favour”, and that includes re-looking at household budgets, cutting back on non-essential items and using household items sparingly. Non-essential spending, he says, includes take-away foods, cellphone upgrades and any service that one is paying for but has not used in two or three months. “Owning a property comes with maintenance requirements. Set out a plan for the maintenance and attend to the items that are the most necessary without ignoring issues that may end up costing you more down the line.” Mott adds that, in attempts to cover expenses, many people are turning to communal living and opting to share spaces with family or friends.
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 Executive Editor Property Vivian Warby vivian.warby@inl.co.za Features Writer Property Bonny Fourie bronwyn.fourie@inl.co.za Design Kim Stone kim.stone@inl.co.za
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VITAL TO SAVE FOR A RAINY DAY IF THE pandemic has taught us anything, it is the importance of having emergency savings – especially if you own your own home. Putting money into a contingency fund each month will provide homeowners with a financial cushion to avert disaster, says Adrian Goslett, chief executive of Re/Max of Southern Africa, Something could happen to the house itself, such as a leaking roof or rising damp, or it could be a financial emergency
that affects you as the homeowner, such as job loss or a cut in salary. “The question you need to ask yourself is, ‘If something like this happens, would I still be in a position to afford the home?’” Goslett describes three basic steps required for homeowners create a contingency fund: Set incremental savings goals: As a bare minimum, you should aim to save approximately one month’s salary although, in an ideal world, three to six months’
saved income is preferable. A six-month financial cushion should see you through most crises. Select a vehicle: When setting up a long-term savings vehicle, it is important to select an interest-bearing account that is separate from your regular banking, so that you are not tempted to dip into it for non-emergencies. Automate the savings: Avoid creating the option of not contributing towards your savings fund by setting up a debit order or automatic payment each month.
Entrepreneurs who let their homes or a room to paying guests have to declare their rental income to Sars. PICTURE: PxHere
SARS IS WATCHING YOUR SPARE ROOM
P It is important to have an emergency savings fund to see you through crises. PICTURE: STEVE BUISSINNE/PIXABAY
Be considerate of the neighbours
ROPERTY owners who host paying guests but do not declare their income to Sars will need to do so, says Sohail Govender, finance director of Just Property. While Airbnb is well regulated and requires taxrelated declarations annually before any payments are made to the hosts, the informal sector is unregulated, and so some of those who let their homes or rooms directly to tenants may not be aware that
they need to track such income and declare it to Sars. “I believe there are still entrepreneurs in the informal sector who are not aware of this and do not declare this income to Sars.” If Sars discovers that a landlord or host has not declared their rental income during the relevant years of assessment, Govender warns, penalties of up to 200% and interest can be charged. “Even harsher steps may
be taken based on the value of the undeclared income where taxpayers are unable to pay their tax at the time it is assessed by Sars.” He adds, however, that both ad hoc renters and landlords can claim expenditure incurred in the production of income against that income. “The general deduction formula allows for deducting expenditure incurred in deriving the income to arrive at one’s taxable income.”
I T ’ S W A R M T O D AY I N S U N N Y K Z N
More visitors and home deliveries will occur in residential areas as more people work from home. PICTURE: RODNAE PRODUCTIONS/PEXELS
WITH many people working from home for the foreseeable future, a lot more business activity is taking place in residential areas. The need to stay home means more entertainment is happening at home, including more visitors and deliveries. However, says Gerhard van der Linde, managing director for Seeff Pretoria East, laws still apply, and everyone has the right to enjoy their property without discomfort. You should not interfere with your neighbour’s rights, or you could face legal consequences. South Africa has a comprehensive set of laws which deal with property and neighbourly issues, along with local municipal by-laws and regulations concerning acceptable noise levels etc. The basic rules, he notes, include: • Reasonable noise, such as that from gardening and building work, is acceptable between 6am and 6pm and party noise to about 10pm on Fridays and Saturdays. • Dogs may not bark incessantly. Van der Linde says part of the attraction of living in a sectional title complex or estate that is well managed is that they often have strict rules with regard to noise, parking and so on.
KZN’s mild winters are attracting semigrants to its coastal regions. PICTURE: FITNISH MEDIA/UNSPLASH WITH many parts around the country experiencing freezing winter temperatures, the KwaZuluNatal coastline comes into its own with its year-round, mild climate. And this is fuelling the semigration trend to the region, says Carol Reynolds, Pam Golding Properties area principal for Durban Coastal. “We are fortunate to live in a very desirable pocket of the country where there is ongoing
demand. The North Durban coastal belt offers exceptional schools, good infrastructure, office parks, shopping malls and excellent hospitals, and all of this in a sought-after strip with warm, clean beaches and some of the best surf in the country.” Despite the lockdown, she says the residential property market in this perennially sought-after region has shown resilience, and agents are continuing to experience
activity across all price bands. Most notably, family homes priced under R5million are selling quickly while developments are attracting a significant amount of investor interest. “We have noticed a positive influx of Johannesburg buyers shopping in our sunny climes, while local property developments in particular, have attracted investment interest from out-of-towners.”
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PICTURE: KAIQUE ROCHA/PEXELS
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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 Anne Reddy 0 8 2 8 2 8 0 0 1 0 Larissa Marks 0 7 6 2 3 1 1 0 8 9
anne.reddy@inl.co.za larissa.marks@inl.co.za
TO ADVERTISE IN WESTERN CAPE Leigh Auret 074 991 3373 Shevon Philander 078 422 4925
leigh@property360.co.za shevon.philander@inl.co.za
TO ADVERTISE IN GAUTENG Contact any of the four sales representatives above
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Freestanding 3 bedroom homes from R3 450 000
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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
ROSEBANK R1,295 MILLION RONDEBOSCH R1,15 MILLION RONDEBOSCH R1, 5 MILLION RONDEBOSCH R2,6 MILLION ON SHOW Sunday 2 – 5 pm Ambleside, 27 Guildford Road, Rosebank.
24 Hour Manned Security Complex. One Bedroomed Apartment with Fitted Kitchen open plan to Lounge with Balcony & Stunning Mountain Views. *Plus Covered Parking Bay. *Communal Pool and Braai Area.
ON SHOW Sunday 2 – 5 pm Cathay View, 12 Devonshire Hill Road, Rondebosch
Small Security Complex above the Main Road. Large modernised Bachelor converted to One Bedroomed Apartment (46m²) with Kitchenette, Built-in Cupboards and Balcony. Shower Bathroom. Walk to UCT, Jammie Shuttle, Shops & Transport.
Spacious North-Facing Two Bedroomed Apartment with Lounge and Balcony with Mountain Views. Bathroom with Shower over Bath. Fitted Kitchen. *Garage. *Walk to Shopping Centres, Restaurants, UCT and Transport.
Security Complex above Main Road. Large Three Bedroomed Apartment (127m²) with mountain views. Fitted Kitchen and Lounge with Balcony. *Plus Garage. *Close to UCT, Schools, Shops and Transport.
CONTACT: RHONDA C: 082 448 7795 T: 021 685 2212 E: rrpsales@mweb.co.za / www.rhondaraadproperties.co.za
AUCTIONS There is a commonly held belief that property auctions are a good place to pick up a bargain because auctioneers often handle sales in execution / property reposessions / liquidations.
Our dedicated auction section allows auctioneers to showcase their properties to buyers looking for these bargains. THE AUCTION SECTION OF THE PORTAL OFFERS: • Advice to buyers • Auction news • Recommended auctioneers to deal with • Diary of upcoming auctions Contact LEIGH to get your listings visible 074 991 3373 or leigh@property360.co.za
www.property360.co.za
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Safe. Clean. Organised. Waiting for You.
There’s never been a better time to invest in Cape Town real estate. We’ll even fly you down to prove it!
Two-bed, two-bath apartments from R1,199m The StayMelville lifestyle eco-estate in Cape Town has apartments available for immediate occupation and to be completed within the next six months. Secure, well managed, green, and featuring an incredible range of facilities for you and your family, StayMelville is conveniently located in the Southern Suburbs close to the M5 highway and within easy reach of shops, schools and beaches.
This is an excellent opportunity to re-locate your family in a rush. Best of all, if this is only a temporary requirement, our on-site rental team will ensure that your investment unit is always tenanted and well managed. At today’s interest rates, this means you should be cash positive from day one! Look what StayMelville has to offer: • Uncapped WiFi: 20 Mbps for R99 pm
• Onsite crèche & clubhouse
• Organic veggie gardens
• 24-hour monitored perimeter CCTV
• Beautiful landscaping
• Biometric access control
• Gorgeous pocket parks
• Solar powered water heating
• Measured running track
• Water purification system
• Indoor and outdoor gyms
• Mini soccer fields & basketball courts
12641 MACHETE.CO.ZA
To assist you in making your decision, we will cover a return flight for you and your partner to come and view the estate.*
The coolest, greenest, safest estate in the Cape!
For more info, call 021 417 4300 or visit www.StayMelville.co.za/KZN * Terms & Conditions: An air ticket for you and your partner is subject to payment of a refundable R10 000 reservation fee. Should a buyer elect to not purchase a unit, the balance of the reservation fee, less the flight costs will be returned. Should the buyer proceed with the sale, the flight costs will be covered by the developer and will be deemed to be part of the deposit for the unit.
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V & A WATER FR O N T - R 19. 5 MIL L IO N E XC I T I N G N E W R E L E A S E
EXCLUSIVE
Web Ref: RL11433
P EACE - TR ANQUI LI T Y AND LI G HT
This ground floor front facing apartment comprises 2 spacious bedrooms both with full en-suite bathrooms. This home is perfect for entertaining and is fit with custom fixtures and fittings throughout. 2 Parking bays, storeroom and excellent security - THIS EXCLUSIVE LISTING IS A MUST TO VIEW -
NATACHA NEUBURGER 083 449 9933
CL IF TON APARTM E NT - R 12 .9 95 MIL L IO N
B A N TRY BAY - R 29.5 MI LLI O N
E XC I T I N G N E W R E L E A S E
EXCLUSIVE CO M F O RTAB L E APARTME NT I N CLI FTON
Welcome to this spacious 2 bed apartment that feels like a home. Generous living room & master bed en-suite leading onto a wide terrace with panoramic ocean views. 2 Parkings with direct lift access. Easy living in a prime location
VICKY 083 447 1381
(VAT INCL.) (NO TRANSFER DUTY)
E XC I T I N G N E W R E L E A S E
Web Ref: RL11498
DENISE 082 449 6608
HEAD OFFICE 021 433 2580
ADRIEN 083 455 5661
Web Ref: RL11524
P E R FE C T S U N S E TS FOR T H E E N T E R TAI N E R
This 3 bedroom penthouse apartment is sensational. The spacious living / dining and kitchen area leads out onto an oversized balcony, the perfect environment to have all your family and friends over to enjoy those beautiful sunsets. 3 Parking bays
SERRYN PRYTZ 082 770 7680
d o g o n g r o u p . c o m A visionary company with decades of experience
LEAH SLEIGH 082 608 3388
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GREEN POINT - R 2 .9 95 M I L L I O N
TA B L E V I EW - R 1. 24 5 MIL L IO N
NEW RELEASE
NEW RELEASE
Web Ref: RL11566
STUPENDOUS SON VIDA
KEAGAN JAMES 082 902 8202
Web Ref: RL11493
NEW RELEASE
G R AB THI S I NVESTMENT OP P OR TUNI T Y
2 Bedroom apartment located within a well-maintained security complex just a short walk away from the beachfront. 1 Garage
LOVELY SECURE HOME
Enter to be greeted by a joyful garden and splash pool that flows onto a patio Lounge, kitchen and dining room. 4 Beds, 3 baths and parking for 4 cars
NADIA 061 256 0020
DUNE KOSSATZ 076 175 1057
N EW L A N DS - R 2 . 3 MIL L IO N
NEW RELEASE
NEW RELEASE
EXCLUSIVE
LIVE ST YLISHLY IN “ THE RICHMOND ”
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Web Ref: RL11528
NATALIE 082 961 7602
THREE ANCHOR BAY - R 2 .2 M I L L I O N
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S C OT T E STAT E - R 3.995 MI LLI ON
Web Ref: RL11562
Lovingly updated to maximise the layout, the apartment offers 2 beds. Open-plan living area with views across the V&A Waterfront. Garage & parking bay
A U G U S T
WO O D STO C K - R 4.295 MI LLI ON NEW RELEASE
EXCLUSIVE
Web Ref: RL11512
Web Ref: RL11568
LOCATION - LOCATION - LOCATION
T WO U N I QU E FAM I LY H OM E S
This East facing 1 bed en-suite apartment has an abundance of natural light created by the sliding doors that lead onto a Juliette balcony with views. 1 P/bay
Generous 5th floor apartment with spacious living room, open-plan kitchen 2 bedrooms and a bathroom. Close to most amenities and includes a garage
One large property, two unique family homes, 3 parking spaces plus a pool
ALISON ROBB 082 956 9506
LANA 071 035 9458 MATTHEW 083 645 4583
NATALIE PETERSEN 082 961 7602
PARKL AND S NORT H - R 1.85 M I L L I ON
SEA PO I N T - R 6 . 6 MIL L IO N
T HRE E AN C HO R BAY - R 8.75 MI LLI O N
PRICE REDUCED
Web Ref: RL11451
- WHAT A FIND -
NEW RELEASE
Web Ref: RL10609
M O D E R N H O M E IN PE RF E C T LO CATIO N
EXCLUSIVE
Web Ref: RL11567
S P EC TACUL AR VI EWS
This 2 bed home is situated in the sought-after enclave of Parklands North Open-plan living area, dining and kitchen. 1 Garage and 1 parking bay
Modern and beautifully furnished 2 bedroom apartment in Strand Beach The open-plan kitchen flows into the living area and onto the balcony. 1 P/bay
NATALIE KOCH 082 393 8923
SERRYN PRYTZ 082 770 7680
ONSE RUST
Stepping through the worked iron front gate, one is met with a quiet sophistication and timeless elegance reminiscent of a bygone era. 3 Beds, 3 baths & garage
BYRON 082 401 5179
KEITH 083 540 5033
C H OI C E S E L E C T I O N O F C A P E T O W N ’S D EVELOP MENTS CH A P E L TO W E R S
ST EENBERG GREEN
ZONNEBLOE M - R 2 .0 5 M I L L I O N
Web Ref: RL8877
INVESTMENT OPPORTUNIT Y
S E A P O IN T - R 12.295 MI LLI ON
Web Ref: RL8985
Brand new 2 bedroom, 1 bathroom apartment. Excellent security, Fibre, laundry facilities and braai area. 1 Parking bay. VAT Incl. - No Transfer Duty
DUNE TANCREL 084 358 4910
THE E STATE
TO K A I - R 18 . 5 MIL L IO N
Web Ref: RL10617
IDYLLIC SECURE ESTATE LIVING
3 Bedroom home in the ultimate residential address for those who want to live a lifestyle that offers endless opportunities. VAT Incl. - No Transfer Duty
ALEXA 082 349 7799
CONTEMPORARY LIVING
Beautifully finished 152m2 2 bed unit located on the slopes of Signal Hill with sweeping views of the ocean & the Atlantic Seaboard. VAT Incl. - No Transfer Duty
PAUL 071 610 8088
Rentals 021 433 2580 A visionary company with decades of experience
JAMES 082 485 2702
PAUL 071 610 8088
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ATTENTION DEVELOPERS & INVESTORS!! PRIME DEVELOPMENT PROPERTY NEXT TO THE WOODLANDS MALL, PRETORIUS PARK, PRETORIA EAST ONLINE AUCTION
ONLINE BIDDING: 12:00, 25 - 26 AUGUST 2021 BID AND REGISTER: www.vansauctions.co.za AUCTION OF: PROPOSED PRETORIUS PARK EXTENSION 39, MAT & METIS AVENUE, PRETORIA EAST
WEB21/0152
Woodlands Mall Property Extent: ± 1 HA Property description: Proposed Pretorius Park Extension 39 situated on Portion 454 of the Farm Garstfontein 374 Approval: - Rezoning to Residential 3 at 80 units per ha on 3 storeys or 40 units per ha on 2 storeys. - Subdivision into 2 stands, proposed as Erf 1736 & 1737.
AUCTIONEER’S NOTE: An excellent development opportunity in well developing area in Pretoria East for Residential units!! Contact us for more information: www.vansauctions.co.za
R50,000 registration fee, 10% deposit: Bidders to register & supply proof of identity and residence. Regulations to Consumer Protection Act: www.vansauctions.co.za Rules of Auction to be viewed at 36 Gemsbok Street, Koedoespoort Industrial, Pretoria. Tel 086 111 8267 | Auctioneer: Anton Shand
BIDDERS TO REGISTER ONLINE, REGISTRATION FEE OF R50,000 PAYABLE VIA EFT ONLY, FICA DOCS REQUIRED TO BE ABLE TO REGISTER.
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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.property360.co.za
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A G E N T S ’ D I R E C T O R Y
RAWSON PROPERTY GROUP Cape Town Office 021 658 7100
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www.rawson.co.za
DE PLATTEKLOOF LIFESTYLE Cape Town Office 021 814 7000 Email: live@deplattekloof.co.za www.deplattekloof.co.za
KINGSFORD ESTATE Westville, KZN Office: 087 012 5670 Email: info@kingsford.co.za www.kingsford.co.za
DOGON GROUP PROPERTIES Atlantic Seaboard Office 021 433 2580 Email: thekings@dogongroup.com www.dogongroup.com
STAY MELVILLE Cape Town Office 021 417 4300 Email: sales@staymelville.co.za www.staymelville.co.za
ALOE REAL ESTATE Upper Highway - KZN Contact: 073 353 0881 Email: pixie@aloerealestate.co.za www.aloerealestate.co.za
DOGON GROUP RENTALS Sea Point Office 021 433 2580 Email: enquiries@dogongroup.com www.dogongroup.com
RHONDA RAAD PROPERTIES Cape Town Office 082 448 7795 Email: rrpsales@mweb.co.za www.rhondaraadproperties.co.za
THE WOODLAND Umhlanga Office 081 281 3960 Email: info@woodland.co.za www.woodland.co.za
DOGON GROUP PROPERTIES Southern Suburbs, Claremont Office 021 671 0258
BALWIN PROPERTIES Ballito Office 084 788 1020 Email: michelle@balwin.co.za www.balwin.co.za
SHELLEY RESIDENTIAL KZN Office 082 412 4463 Email: hello@shelley.co.za www.shelley.co.za
debbie.reabow@rawsonproperties.com
southernsuburbs@dogongroup.com
www.dogongroup.com
TOP ADDRESS IN HYDE PARK, JOHANNESBURG!! STYLISH AND SPACIOUS RESIDENCE WITH SWIMMING POOL ,TENNIS COURT & MORE ONLINE LIQUIDATION AUCTION
In liquidation: Sandton Property Developments 2001 (Pty) Ltd. Master’s ref: G1160/2020 DOGON GROUP PROPERTIES VAN’S AUCTIONEERS
Western Seaboard Gauteng ONLINE BIDDING: 12:00, 10-11 086 AUGUST Office: 021 556 5600 or 021 433 2580 Office 111 82672021 BID AND REGISTER: www.vansauctions.co.za Email: enquiries@dogongroup.com www.dogongroup.com www.vansauctions.co.za
AUCTION OF: 81, THIRD ROAD, HYDE PARK, JOHANNESBURG
Extent: ± 3000 m² Improvements: Ÿ Entrance hall, lounge, dining room with sun room & family room Ÿ 4 bedrooms Ÿ 3 bathrooms (2 en suite) Ÿ Separate toilet Ÿ 2 TV rooms, kitchen & scullery
www.property360.co.za WEB21/0141
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PETER MASKELL AUCTIONEERS KZN Office: 033 397 1190 Email: info@maskell.co.za www.bidlive.maskell.co.za
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