Property360 - National Digital Magazine - 17 June 2022

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PICTURE: MOHD AZRIN / UNSPLASH

KEY FACTORS TO PROPERTY INVESTMENT IN TIMES OF CRISIS PAGE 3

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DOWNSCALING can offer the same lifestyle as a freestanding home, but in a smaller, more manageable and affordable space.

PICTURE: FRANCESCA TOSOLINI/UNSPLASH

Downsizing to a cheaper home is actually a pretty smart move

Making the adjustment shouldn’t be viewed in terms only of affordability but also for the convenience and benefits of having a smaller property

BY BONNY FOURIE bronwyn.fourie@inl.co.za

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T IS no secret that many homeowners are battling to meet their home loan repayments every month.

If you are one of them, you could consider selling your home and downscaling to one that will cost you less.

This will not not change your homeowner status and it will take away a lot of the financial stress.

Downsizing is a move that should not be viewed in terms only of affordability but also for the convenience and benefits a smaller property offers. There is also the added advantage of being able to buy in the same market, says Stephen Cohen, the Dogon agent on the Atlantic Seaboard.

Downsizing is not failure Downscaling has become a global trend and homeowners going this route should not see themselves as failures, he notes, citing himself as a prime example.

“Having semigrated from Johannesburg, where I had a fairly large home, to Cape Town 11 years ago, it became apparent that I certainly could not afford to have the same type of home in the Cape as the one I had in Joburg.

“I found a very small 90-yearold home and, with the help of a brilliant architect and clever budgeting, the property was converted into a practical and manageable home with a small garden for my pets and a plunge

pool. I do not miss being bound to weekends of working in the garden and constantly paying for maintenance, upkeep, repairs and high bond repayments.”

Still, knowing when it’s time to say goodbye to that sentimental property can be a difficult and emotional decision, acknowledges Craig Mott, the Western Cape sales manager for the Rawson Property Group.

“Downscaling isn’t just about selling well and buying a more affordable property. It’s also about finding a home that fulfills your needs during the next chapter of your life.

“So, be positive and start thinking about a bright and happy

future to avoid being depressed over the financial side of downscaling.”

Start planning a fulfilling future When searching for a suitable property, you should make it a fun and positive experience for the entire family, Mott suggests.

“Create a property checklist together; list what you and your family will need; and make a list of the must-haves, deal-breakers, and non-negotiables that you’re looking for in a property, such as the number of bedrooms and bathrooms, how important off-street parking is and whether you need a garden for your pet.

“Once you have determined the must-haves, you can narrow down your search even more.”

Creative and visual people could also create a mood board on which to pin their goals and visual elements of their new home.

These activities, he says, seem to be therapeutic and will help everyone connect and get excited about moving.

These days, there are so many choices in finding a suitable, smaller home, townhouse, simplex or an apartment, Cohen says.

Depending on the age group, there are also modern and trendy retirement villages that are designed for community living and which have become popular.

“Disposing of furniture and household items can also be of great benefit to family members, or charitable institutions.”

Don’t assume you have to live in an apartment or complex Downscaling does not mean you are forced to abandon the

free-standing home lifestyle you are accustomed to either.

Cohen says there are many options available, where architects are specifically designing and catering to the public who want the luxury and privacy of small, manageable homes.

“There are cottages and freestanding simplex units – freehold and not sectional title – that offer an easy lock-up-and-go lifestyle.”

Mott agrees: “There are free-standing homes – two and three bedrooms, that are smaller and more manageable. It all depends on affordability and whether you prefer living in a free-standing home or sectional title unit.”

You do not necessarily have to give up your pets.

If you opt for a sectional title home, then check what is allowed. Each apartment/estate/ complex has its own code of conduct by which residents are expected to live, Mott says.

“Some apartment blocks/ complexes are pet friendly and even stipulate the type of pet and up to how many you are allowed.”

If you do have pets you are moving with, you must inform your real estate agent so that they can find you a pet-friendly home.

Echoing this, Cohen says it is important to ask the agent for a copy of the sectional title rules, to ensure that pets are allowed. Sometimes the wrong information is given and this could be a traumatic.

“Very often, one can get written permission from the chairman or the managing agent, allowing you to keep a small pet.”

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EVEN if money is tight at times, your property is a valuable asset worth sacrificing for.

PICTURE: MART PRODUCTION/PEXELS

Property investment is a safe bet, especially in times of crisis Property has always been a resilient asset class as people require housing security, and its value over the long term tends to go up

BY BONNY FOURIE bronwyn.fourie@inl.co.za

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OUTH Africans are struggling to keep up with inflation, fuel and food price increases – not to mention the ongoing interest rate hikes.

For this reason, many people are hesitant about buying a home as they not only worry about being able to meet their bond repayments but are also unsure about what their future holds.

Property has, however, always been a resilient asset class as people require housing security, and its value, over the long term, tends to go up.

Therefore, in times of crisis, people tend to want to own physical assets such as property, gold and cash as opposed to being invested in equities, says David Sedgwick, the managing director of Horizon Capital.

“This crisis, like all the ones before, will pass and when it does, one will still own their physical property which is a real asset.”

During the global crisis of 2008, he says, commercial FIND US HERE: @iolproperty @iolproperty @iolproperty.co.za

property prices fell by a far higher level than residential property – 30% compared to 2% – which showed that residential property prices retained their value better than commercial property.

The resilience in the residential property market is also driven by the fact that being forced to sell one’s home, especially at a big loss, is always the last resort, Sedgwick adds.

“Before this, people will cut back on all discretionary expenses, trade down their car, stop contributions to their pensions, rent out a spare room, borrow money from family if possible, negotiate new bond payment terms and get a second job if need be.”

Echoing this, Tony Clarke, of the Rawson Property Group, says property is one of the most stable investments to have during a major economic crisis.

“The biggest thing for new homeowners to remember is that even if money is tight at times, your property is a valuable asset that is worth sacrificing for.

“Discipline is key from the getgo, so try to stay positive and take control over your finances. Cut back on luxury items and take a careful look at your monthly debit orders and expenses. Review each area and think about which items are necessities, and which are costing more than they’re worth.”

Citing ooba data, Andrew Golding, the chief executive of the Pam Golding Property group, says the impact of the recent 0.5% interest rate hike is not expected to be significant, especially as this is the lowest level of prime interest rate in more than two decades.

The prime interest rate was 8.5% between July 2012 and December 2013.

“According to ooba, the average approval rate for 100% bonds inched higher – from 81.3% in March to 82.8% last month, the highest rate for the year to date, with the approval rate for first-time buyers at 79.9%. This indicates that financial institutions still demonstrate a strong and competitive appetite for lending.

“Bearing in mind that the desire among our country’s sizeable young generation of savvy, aspirational citizens is to own their own homes, and that activity in the marketplace is also fuelled by people relocating for a variety of lifestyle and other reasons, we are optimistic that the residential property market will continue to retain its resilience, as evidenced over the years despite numerous economic and other challenges.”

Carl Coetzee, the chief executive of BetterBond, agrees. He says the property market remains in far better shape than it was in 2008, when the property bubble burst and house prices plunged.

“Of course, the increase will mean a change in monthly repayments, and we encourage homeowners to factor this into their budget calculations. But we are still in a far better position than we were in 2008, when the property market collapsed and inflation was at 11.5%.”

Furthermore, Coetzee says, the recent increase in interest rates has

not dampened the banks’ appetite to lend.

“BetterBond has seen an almost 10% increase in the ratio of formally granted bonds for April, year-on-year, which is significant coming off the high base set last year.”

And with some banks offering loans of up to 105% for qualifying applicants, there are options for aspirant homeowners.

The trend among property buyers, says Adrian Goslett, the regional director and chief executive of Re/Max of Southern Africa, is the strong favouring of the coastal lifestyle over the urban hustle and bustle.

Demand for suburbs that offer a higher quality of lifestyle is expected to remain high for the foreseeable future.

“The pandemic saw buyers spread further afield to find homes that offer a higher quality of lifestyle. This trend seems to be holding strong for as long as the option to work remotely continues.”

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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The tenant and landlord/ representative property practitioner need to attend the incoming and outgoing inspections.

PICTURE: IVAN SAMKOV/PEXELS

A tenant’s O guide to deposit rights and everything inbetween Landlords and renters must familiarise themselves with the conditions stipulated in the Rental Housing Act

NE OF the most contentious stages of a lease period is when the lease is terminated, and discussions around the return of the deposit begin, says Paul Stevens, the chief executive of Just Property.

Offering insight into how the process is regulated, and what tenants and landlords can do to avoid disappointment, stress and anger, he says the Rental Housing Act governs how deposits and interest earned are handled.

The act states that landlords may require tenants to pay a deposit before moving into a dwelling and that the deposit may not be greater than the amount agreed between the landlord and the tenant.

In other words, the amount is a point of negotiation and agreement; it may be led by market norms, the landlord’s appetite for risk, the type of property and the tenant’s credit history, among other factors.

The Rental Housing Act also dictates that deposits must be invested by the landlord in an interest-bearing account with a financial institution.

“Best practice is to hold the deposit in a dedicated Trust account, independent of the business/landlord’s operating account.”

The act also states that “the interest rate applicable to such account may not be less than the rate applicable to a savings account with that financial institution”.

Stevens says tenants can request written proof of how much interest was earned on the deposit while it was in

the account, and the landlord needs to show the tenant proof if requested.

“The process and timelines for paying back deposits is addressed in the Rental Housing Act too. It states that deposits must be repaid to the tenant, together with any interest accrued to such account on the expiration of the lease. This can be achieved within seven days of the end of the lease if certain conditions are met.”

Protect yourself from the outset The tenant and landlord/ representative need to attend the incoming and outgoing inspections, the act states.

In this way, both parties will be aware of damage that is placed on record, and if they happened before or after the tenant moved in.

This evidence, Stevens says, allows the tenant and landlord/ representative to more easily navigate the common issue of normal wear and tear versus damage to property, whether intentional or not.

“Tenants and landlords should keep copies of the inspection report and datestamped photographs for their own record and in case other records are misplaced or damaged.

“These should include things like doors without keys, damp patches, missing light covers, scratches on wood floors, stained carpets, nails in walls, and anything that is broken or might be an issue in the future.”

He says tenants should also make sure that things

like all lights, plugs and stove plates work and remember to record issues with regard to the exterior too. The inspection report should include descriptions for each photograph as it can be difficult to remember details down the line.

“Protect yourself by carefully reviewing the landlord’s or representing agent’s incoming inspection report and associated photographs. Insist that the records be edited if anything has been omitted or misrepresented. Careful attention here will help to avoid future disputes.

“When it’s time for the exit inspection, tenants will have accurate, documented proof of the condition of the property from when they moved in.”

Getting your deposit back If the property is in tip-top condition and the is no damage, the tenant should receive their full deposit, Stevens says.

“There are milestones at seven and 14 days after the termination of the lease, and then another 14 days after the restoration of a property (if there is damage).

“If there are outstanding amounts from the tenant, then the landlord can use the deposit to pay for anything such as outstanding rent or utilities and damage to the property.

“Remember, your full deposit is not guaranteed. It is best to have saved up for a new deposit and the first month’s rent before terminating your old lease.”

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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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CITY BOWL

www.kapstadtinternational.co.za

MODERNIST GLAMOUR HIGGOVALE

R 48 000 000

Nestled amongst tall trees on a totally private double plot stretching 2 534m2 along the top road of Higgovale with only Table Mountain as your backdrop, one is dazzled by this glamorous family home with the most jaw-dropping views imaginable. This South-entry, North facing home in a quiet cul-de-sac, is set in a beautiful, almost jungle like terraced garden. Flooded with light, the house is centred around an impressive atrium with a view of Table Mountain and sweeping views across the City Bowl, Table Bay and beyond.

This is an ideal home for entertaining on a grand scale with generous proportions inside and out, with a choice of four reception rooms and two outside dining terraces and a pool. An art collector’s delight with enough wall space for an extensive private collection.

All five of the bedrooms have access to private terraces and three are en-suite. An additional separate entrance, two bedroom suite has a kitchen/living room and a bathroom.

R 48 000 000 | SOLE MANDATE • WEB REF: KAPS-1769

Contact Elisabeth 083 252 4562, Lisa 083 446 0444.

LET US TAKE YOUR BREATH AWAY HIGGOVALE

R 45 000 000

This spectacular six bedroom property is situated at the end of a quiet cul-de-sac with sweeping views across the entire City Bowl, Table Mountain and beyond.

A contemporary architectural masterpiece with an abundance of natural light and floor to ceiling glass doors and windows throughout which not only makes your heart skip a beat, but with each visit this home reveals the meticulous detail and bespoke finishes which showcase its elegance.

A stunning floating staircase leads up to the first floor via a double volume atrium surrounded by forest and mountain views. The master suite is superb; imagine looking across a forested glen and up at Table Mountain and Devils Peak. A walk-through dressing room is complemented by a bathroom with endless views over the city.

Generously proportioned and luxurious throughout, the lounge features a fireplace and stack-back glass doors making the areas blend together. The alfresco dining area features a fireplace and built-in braai and is finished off by a pretty garden. And just when you thought it couldn’t get any better, a floating staircase will take you to a roof garden and terrace where one is rewarded with an uninterrupted 360° view.

R 45 000 000 | SOLE MANDATE • WEB REF: KAPS-1625

Contact Jean 072 211 2024, Elisabeth 083 252 4562.

Heritage Home

Victorian Beauty ORANJEZICHT

Warm and Welcoming GARDENS

ORANJEZICHT

This stunning North facing, four bedroom Victorian is one of a kind. A stately façade with high sash windows allows for an abundance of natural light in this very spacious property. The elevated courtyard garden has thriving pomegranate and lemon trees, and the roof terrace with 360° views will take your breath away. Within walking distance of Sy Cyprian’s School and De Waal Park.

In the quiet heart of the city is this spacious, character home. It offers a sunshine pool, open plan living areas with a crackling fireplace, a large kitchen opening onto an internal courtyard for al fresco dining, two luxurious en-suite bedrooms, a spacious TV lounge with an ornate fireplace, undercover parking for two cars, a laundry and a storeroom. Excellent security and beautifully loved.

A landmark home with breath taking views of Table Mountain and a wealth of period features. Set in a glorious garden with a rolling lawn bordered with large shrubs and a vine covered terrace, ideal for a family with three bedrooms and a double garage. Behind the house is a large separate studio, an ideal retreat for a yoga or art studio, or an income producing apartment.

R 4 950 000 | SOLE MANDATE • WEB REF: KAPS-1689

Contact Flore 078 862 6044.

Contact Susan 083 327 0404.

R 9 250 000 | SOLE MANDATE • WEB REF: KAPS-1732

R 5 350 000 | SOLE MANDATE • WEB REF: KAPS-1734

Contact Elisabeth 083 252 4562, Lisa 083 446 0444.

VISIT US AT 11A DE LORENTZ STREET, GARDENS OR CALL US ON 021 424 2211 Whilst every effort is made to ensure the accuracy of the information contained herein, no warranty is given in that regard. E&OE

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MEDBURN VILLAS

Live the dream. An unimaginable retreat suspended between sea & sky

The depictions herein are for illustrative purposes only and are subject to change without notice.

ST YLE REI MAGI N ED. Delivering a next-level standard in refined living, this hallowed new boutique development on Camps Bay’s exclusive Medburn Drive, offers four thoughtfully designed private residences capitalising on the naturally rich Cape coastal surrounds. What can only be described as ultra-luxe, your Medburn Villa artfully conceptualized by award-winning Architects, Gerd Weideman and Jenny Mills has a design dialogue that captures every need and desire. Priced from R18.95 Million (VAT Incl. - No Transfer Duty).

In Medburn Villas you become part of a visionary force in iconic living.

Paul Upton +27 (0)71 610 8088 paul@dogongroup.com The depictions herein are for illustrative purposes only and are subject to change without notice.

FFC NO: 0525859

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H I G G OVA L E - R 21.9 95 MIL L IO N E XC I T I N G N E W R E L E A S E

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 residence offers the quintessential lock-up & go lifestyle. As you enter the apartment, a sense of calm engulfs you as you take in the picture perfect panoramic view of Lion’s Head, Table Mountain, Devils Peak & the city scape towards the harbour. From the elevated position, this one-of-a-kind 3 bed penthouse capitalises on different focal points from each space. Double garage plus 2 parking bays

KEAGAN JAMES 082 902 8202

RONDEB OS CH - R 4 .75 M I L L I O N

JAMES CURTIS 082 485 2702

HEAD OFFICE 021 433 2580

C A M PS B AY - R 15 MIL L IO N

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Web Ref: RL12199

C L ARE MO N T UP P E R - R 8.5 MI LLI O N NEW RELEASE

Web Ref: RL12201

O U TSTAN DIN G IN V E STM E N T

APARTMENT WITH SPEC TACUL AR VIEWS

Web Ref: RL12204

EXCEPTIONAL HOME IN A PERFECT LOCATION

Lovely spacious 3 bed apartment in sought-after Ecklenberg. Open-plan living areas with study & views of the garden. Excellent security, garage plus a p/bay

Put your own stamp on this spacious 3 bedroom, 2 bathroom apartment in a small upmarket and secure block. 24 Hour security & 2 direct access parking bays

This architecturally designed 3 bed home with an emphasis on clean lines & seamless flow, without compromising on luxury, simplifies for an easy lifestyle. D/garage

TESSA HUND 072 133 5576

ANDI ASHTON 062 664 0296

LANA HOLT 071 035 9458

d o g o n g r o u p . c o m A visionary company with decades of experience

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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

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 Stop.

Schools andShuttle 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. **Close to all Amenities and City Centre. 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

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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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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DOOR MACHINERY AUCTION DATE: VENUE: TIME: VIEWING:

Thursday 23rd June 2022 22 Mopane Rd HOWICK @ Smith Doors Premises 10:30am Tues 21 & Wed 22 June from 9:30am until 3pm

Full door line from start to finish of manufacturing machinery, office furniture and other items not being relocated.

• AUTOMATED FINGER JOINT LINE WITH SHAPER AND 6M PRESS • FULLY REFURBISHED TOP AND BOTTOM GLUE SPREDDER • STRAIGHT LINE MULTI RIP SAW • DOUBLE END SAW INTERWOOD • AUTOMATED SISSOR LIFT WITH NEAUMATIC FEED • 2 X APPROX 100 TON HYDRAULIC DOOR PRESS’S • APPROX 80 HEAVY DUTY CONVEYORS • 30 kwa DUST EXTRACTOR SYSTEM ALL DUCTING, MOTOR, CYCLONE, STAR DELTA CONTROL BOX • DEWALT CROSS CUT RADIAL ARM SAW • 2022 DOUBLE END TENONER SQUARING LINE WITH 200MM ADJUSTABLE • 2018 DOUBLE END TENONER WITH 7.5KW MOTORS AND SNYDER CONTROLLER • SHRINK WRAP TUNNEL • LOTS OF TOOLS AND SMALL MACHINERY • OFFICE FURNITURE • GENERAL FURNITURE • SCRAP METAL • STEEL TABLES • THICKNESS PLAINER • BLUE SAFTEY RAILS • CUSTOM BUILD LOCKABLE CABINETS FOR MACHINES / MOTORS • TIMBER • DOORS • KICK OFF TABLES • 2 BAG DUST EXTRACTOR • LOT MASONITE • PLUS LOADS MORE TO LIST

Visit the website for detailed pictures and catalogue

TEL: 033 342 2544 or 082 062 4432 www.maritzburgauctioneers.co.za

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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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BIDDING OPENS ON WEDNESDAY, THE JULY 2022 AT 12 NOON & CLOSES ON THURSDAY, THE 14TH JULY 2022 FROM 12 NOON 13TH

Bid online via our APP https://bidlive.maskell.co.za

OBO the Provisional Trustee of A.M. and L.E. Goosen (Under Prov. Sequestration), Master’s Ref. no: D209/2021

INSOLVENCY AUCTION OF A TWO BEDROOM FLAT: SS BETHLEN, 220 ROLAND CHAPMAN DRIVE MONTCLAIR Residential Sectional Title Unit: Section number 34 of SS Bethlen Scheme no. 233, situated at Montclair, in the Ethekwini Local Council, Province of the Kwazulu-Natal extent of 51sqm and known as Door 30 Bethlen, 220 Roland Chapman Drive Montclair The unit is situated on the second floor and comprises of a lounge, kitchen, 2 bedrooms and a bathroom with bath, wash hand basin and toilet. https://online.flippingbook.com/view/321989668/ 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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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

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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