PICTURE: JEFFERY ERHUNSE/UNSPLASH
PROPERTY
360 THE RISING DEMAND FOR STUDENT ACCOMMODATION PAGE 3
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Experts weigh in on digs for your student offspring If you can’t find accommodation for your child, you could buy them a flat. But should you? BY BONNY FOURIE bronwyn.fourie@inl.co.za
MOST students opt for studios or onebedroom apartments. PICTURE: MART PRODUCTION/PEXELS
B
UYING a flat for your student child can be a good investment, as they will always need somewhere to live, but beware if you’re buying for what might be only three or four years. We are almost halfway through 2022, and for many parents of matrics, attention is turning to university applications and student accommodation. South Africa has a dire shortage of student accommodation, so if your child is not lucky enough to secure a spot in a residence provided by their chosen institution, they might have to consider renting a private property. The other option, of course, is that you buy a property specifically for your child to live in while studying. For parents who are still searching for student accommodation for their children for this year, or preparing to do so for the 2023 academic year, here are some insights from investment property experts:
To rent or buy? Parents with the financial means to buy a property for their student children may be weighing up the choice of buying or renting. Interestingly, Shaun Dubois of Just Property says many of today’s landlords started off buying a property for their children and then, when they graduated, kept it and let it to others. “Often this was the first of many properties they purchased using the equity in the initial property and then some clever gearing to buy multiple properties.” However, Dubois emphasises purchasing is for the more affluent as the cost of tuition is, on its own, beyond most people’s means. John Birkett of Rawson Properties Claremont says the decision will also depend on how long the student will be studying. If the period of study is short, and the plan is to sell after graduation, then buying might be a risky investment. It would be better to rent, under these circumstances. “If the property is going to be used for a number of years by
Location considerations Whether a student lives in a rental property or one owned by their parents, the same factors need to be considered when choosing an area. The location should offer easy access to campus and attract other students, Birkett says. Dubois agrees: “The area they buy or rent in should have good transport routes or be close to the campus.” It should also be safe.
This is because larger estates often have better economies of scale as they can pool the levy income and there is often superior security. Birkett says communal student houses and flats are the most suitable. A cheaper option is renting rooms in shared properties. However, most students opt for studios or one-bedroom flats. “Properties with modern facilities, such as new kitchens and bathrooms and wi-fi, are most favoured.” Parents should bear in mind that, when buying, the selected property needs to offer good investment potential. Studios and one-bed apartments carry the least risk and are always sought after.
Type of property While large houses that have been converted into communal student homes have become popular, Dubois reminds parents that this does carry additional costs in the form of maintenance. “There are benefits, but my advice would be a three-bedroom sectional title unit in a large estate.
Should we sell once the property is no longer needed? This depends on the market, Birkett says. “If there has been good growth over a short term it might be better to call in the investment, but if there has been no growth or a sale might mean a loss of capital, it might be worth renting out until the market
consecutive siblings or be let, then it is worth buying. “In recent years, more student parents have opted to rent instead of buy because of campus unrest and, more recently, Covid.”
improves or keeping it as a longterm investment.” Dubois believes it is best to do an unemotional analysis of the property when considering selling or letting it. “There will be a need to consider the return on investment of the property both in terms of the potential rental but also capital appreciation. As a rule, property is better to keep as a long-term investment but only once the true returns are calculated can an informed decision be made.” Many courses, however, keep a child at university or college for only three to four years, and if there are no siblings to take over, there could be a worry about whether it is too soon to sell without losing money. But Dubois says a “good purchase” initially of a property under R1 million, and therefore attracting no transfer duty, could still offer a profit. “Ideally though, you would want to pick up a property with a below-market offer.”
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IT’S A great time to invest in student accommodation, the experts say. PICTURE: VARUN KULKARNI/PIXABAY
Students desperately need homes – now
To eliminate the gap in available accommodation there needs to be collaboration between the private sector, the government and the universities to build more BY BONNY FOURIE bronwyn.fourie@inl.co.za
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HE DEMAND for student accommodation has never been so high and now that life is returning to some kind of normality, and students are back in lecture halls, the spotlight is on this property sector. Real estate auctioneer Joff van Reenen, a property industry veteran and founding partner of High Street Auctions, says he has “never before” seen the need for student housing as high as it is now, nor the timing so favourable for capitalising on this demand. “When the World Bank Group’s International Finance Corporation was researching the feasibility of investing R150 million in a local property company’s plan to develop accommodation hubs for an additional 16 000 student beds, it drew attention to the fact that South Africa’s student housing supply-demand gap had already exceeded 500 000. “The IFC’s report also forecast that, by 2025, the student accommodation shortage would rise to more than 780 000 beds, no doubt at least partially prompting its decision a year ago to proceed with the investment.” Furthermore, he says, in December, Growthpoint Properties launched an unlisted student accommodation REIT with a R2 billion seed portfolio and approval from the National Student Financial Aid Scheme (NSFAS). “There’s no question that student accommodation is emerging as one of the most exciting real estate investment trends in
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South Africa and the availability of opportunities in this sector is increasing.” How big is the supply-demand gap? Historically, there has been a “massive gap” in student accommodation requirements, agrees Grant Smee, managing director of Only Realty Group. He too believes there has been an uptick in developers focusing on the student accommodation space, particularly in areas like Durbanville, Stellenbosch and coastal areas like Gqeberha. “The areas most in need of more student housing are linked to the coastal universities – Stellenbosch, Makhanda and Cape Town. The latter is a big city where all demographics are facing a housing shortage but Stellenbosch and Makhanda are small towns battling to meet the demand.” Alexandria Procter, chief executive of DigsConnect, an online marketplace that connects landlords with students looking for accommodation, also notes, “Stellenbosch has a chronic under-supply of student housing and needs more developments urgently.” Other “good spots” for student developments include Durban and the northern suburbs of Cape Town. The biggest stakeholder in the student accommodation space, she says, is NSFAS, which currently funds 800 000 students. “DigsConnect is the largest repository of NSFAS-accredited
properties but NSFAS needs to urgently update their norms and standards document to reflect modern living requirements so that more suitable properties can be made available to students.” Van Reenen says the “student accommodation crisis” at the Cape Peninsula University of Technology (CPUT), is “arguably even worse than that of University of Johannesburg”. “Cape Town’s real estate market is extremely competitive in general, but prices rise exponentially the closer one ventures to the City Bowl and Atlantic Seaboard. CPUT’s District Six campus is immediately adjacent to the CBD – a prime location that, for students, is a double-edged sword accommodation-wise.” He says: “This year CPUT as a whole enrolled 33 000-plus students, more than half of who are studying at the city campus which offers fewer than 3 000 beds in its residences.” To eliminate the gap in available student accommodation, Smee believes there needs to be a collaboration between the private sector, the government and the universities to build more. “The second big issue is that of affordability. Will students be able to afford to live in these in-demand areas? This is where government and university subsidies must step in as it’s difficult for developers to justify projects that will not be profitable. A balance must be struck.” Procter says private landlords
are investing in rental properties “all the time” but the “trick” is where to find these beds. “South Africa is a very economically diverse market, so it’s important to have a match between the price of properties and the students that you’re targeting.” She adds: “Demand way outstripped supply on DigsConnect this year. Many of our landlords told us if they had second buildings, they would have filled them up on DigsConnect as well! It’s an exciting time to buy student properties...”
in dedicated quiet common areas; places to socialise; amenities such as laundry rooms and good security within the building. “High-speed internet is now a non-negotiable with the rise of remote learning and hybrid learning. With the prevalence of load shedding, I would also urge developers to consider generators, UPSs, or inverters.” In addition to uncapped, super-fast wi-fi and “great security and safety features”, Procter says furnished properties get filled faster than unfurnished ones.
Where must these homes be? Procter says student accommodation needs to be as close to the campus as possible, not only for access to classes and facilities, but also because the campus is the hub of students’ cultural life. “Another option is to be on the university transport links, so that it’s easy for students to get around.” Smee echoes this, saying accommodation must be within walking distance of places of study, or close to affordable public transport, as the majority of students do not have their own cars. “Proximity to shops, healthcare centres and other day-to-day necessities is also beneficial to students who do not have the means to travel far.”
What can students afford to pay? While rents depend greatly on the market, university and city one is targeting, she feels “anything in the R4 500 per student per month range generally sells fast”. Smee says the accommodation should be “as cheap as possible” to ensure accessibility to students from disadvantaged backgrounds. “If I had to put a number to it I would say R3 000 to R5 000 a month for individual students sharing a room and R4 000 to R6 000 a month for students getting their own space” he says. “It’s important to remember that the students themselves generally aren’t the ones paying for their accommodation. They are either funded through grants or bursaries or by their parents.” The goal, therefore, he says, is to “minimise the financial stress on the guarantors” and de-risk investors by offering reasonably priced accommodation.
What should they offer? Smee says students need places to study – either in their rooms or
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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ON SHOW days, if it’s chilly, leave a heater on or, better still, light a fire in the fireplace so potential buyers can experience the cosiness. PICTURE: ALEX QIAN/PEXELS
Make it hot property – even during winter Tips on how to showcase your home to make it attractive to potential buyers and tenants, despite the cold and dark weather
Q
: I AM an experienced estate agent and would like to own my own franchise. Where is the best place to start?
A: Essentially, buying a franchise means buying the right to run your business under an established brand using their proprietary tools, techniques and procedures. In return for your franchise fee and a small share of your profits, franchisees should receive ongoing support from their franchisor. The franchisor is responsible for maintaining the brand’s competitive edge and – ideally – helping the franchisees reach their full potential. The better the franchise, the better the support. You can tell a lot about a franchisor by talking to their franchisees. Franchises gain the edge over most start-ups by eliminating the biggest set-up challenges. There is no need to spend months – and millions – defining your brand, business model and strategies or building market presence from scratch. With a franchise, you’re buying into an established brand where all the groundwork has been laid for you. That dramatically reduces the time it takes to get up and running and bringing in clients. Franchises in real estate, specifically, have even greater benefits than those in other industries. For starters, real estate as an industry is thriving. A lot of other franchises suffered during Covid, while real estate had two record-breaking years. Set-up of a real estate franchise is
also a lot simpler – and less costly – than other industries, most of which require purchasing stock before you can make your first sale. With property, the stock is already out there. All you need to get selling is your industry certification, a laptop, a cellphone and a go-get-‘em attitude. Of course, not all real estate franchises are equal. To decide which brand is the right fit for you, you should look at the success of other franchises under the brand and talk to some existing franchisees about their experience, if possible. Weigh up the costs of the franchise against the level of support and training the franchisor provides and make sure their goals align with your own. The most successful franchise operations are partnerships, not dictatorships. You want a franchisor that is ready to listen, collaborate and support. – Tony Clarke and Craig Mott of the Rawson Property Group Q: As a new landlord, how can I make sure my investments work and that I manage them correctly? A: First of all, you must think like an investor. This means taking all of the emotion out of it and basing your decision on facts and data. Make sure you know the property, the area and what tenants in the area are looking for. So often we see landlords with properties who overlooked the finer details such as a secure parking bay, quality
finishes and secure guest parking. Factors like these can compromise the rental amount and demand for your property.
Q: How can I make my property look good for home viewings in winter? Should I even have a show day?
YOU SHOULD ALSO:
A: Show days and viewings are perfectly fine over the winter. The property should be well staged to attract maximum interest. It must not appear dark or cold as this can be off-putting. Take extra care to ensure you showcase the house as equally warming and welcoming in winter. Here are some tips: The property should be sparkling clean and clear of clutter. Air out the home, ensure all curtains and blinds are open and let the sunshine in. While a bowl of coffee beans may be good to absorb unwanted smells, do not spray unnecessarily. Make sure the fireplace and braai are cleaned so that there is no old fire smell around. If there is a chill in the air, leave a heater on, or better yet, light a fire in the fireplace so buyers or potential tenants can experience the cosiness. Place flowers or a bowl of fruit in a prominent area near the entrance. Ensure there are dry, clean towels in the bathroom. Pack away toiletries and other clutter in the bathrooms and kitchen. Winter decor, such as blankets or throws, and a stack of wood next to the fireplace or braai will add to the ambience so viewers can see the home is just as liveable in winter as in summer. – Samuel Seeff, chairperson of the Seeff Property Group
• Run it like a business: A buy-to-let property requires time and effort. Make sure that you have your administration in order – draft a legally compliant, written lease agreement; keep records of all communications; share invoices and statements and inspect the property regularly. • Be prudent with finances: A buy-to-let property should be obtained on a budget that you can repay, regardless of whether you have income from a tenant or not. • Work out returns: “Gearing” is a term commonly used when dealing with buy-tolet investments. It refers to the property’s total cost of ownership vs the rental return. In a case where the rent you receive outweighs the total cost of ownership, the property is positively geared. The other two metrics commonly used are return on investment and gross yield. Gross is the total gross rent collected compared to the property’s market value or purchase price. To ensure returns, leave some “wiggle room”. Consider changes in the economy; changes to your job; tenants leaving; tenants missing payments; additional costs such as repairs and maintenance; increasing municipal rates and, of course, increases in the repo rate. Do all the maths to make sure you can realistically afford the property and can generate returns. – Grant Smee, managing director of Only Realty Group
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PICTURE: DANIEL FRANK/PEXELS
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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3 ON BUCKINGHAM
The depictions herein are for illustrative purposes only and are subject to change without notice.
A Discerning Choice. If your perfect lifestyle is relaxed, luxurious, imbued with rural charm and within easy reach of the excitement of a cosmopolitan city, you’ll be delighted by the rich opportunity presented at 3 on Buckingham. Situated in the heart of tranquil Tokai, this brand new development offers an enviable lifestyle - the ideal blend of bucolic beauty and laid-back luxury. With only six homes in this exclusive security estate, 3 on Buckingham offers discerning purchasers the opportunity to enhance their future in an idyllic, secure and enviable cul-de-sac close to a range of lifestyle amenities. Priced from R5.495 Million (VAT Incl. - No Transfer Duty).
No matter your style, 3 on Buckingham is ready to meet all expectations.
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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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
CAVENDISH HEIGHTS R2,1 MILLION WHITEHALL COURT R1,35MILLION MILLION RONDEBOSCH R1,95 R1, 5 MILLION MILLION RONDEBOSCH RONDEBOSCH R5,3 UPPER R1,95 MILLION RONDEBOSCH RONDEBOSCH R2,3 MILLION CLAREMONT R2,395 ON SHOW Sunday 2 – 5 pm Cathay View, 12 Devonshire Hill Road, Rondebosch
ON SHOW SUNDAY 2-5PM
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 Balcony. Fitted Kitchen with Lounge & 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 to Dean Rondebosch Boys Prep & High TV Lounge & Laundry Room. *Tandem Garage. and Jammie Shuttle Stop. Schools and Groote Schuur Primary! *Close to Shops & Transport.
*Cavendish Heights, 233 Main Road. Enter in WIlderness Road. 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!
ON SHOW SHOW SUNDAY SUNDAY 2-5PM 2-5PM ON
Highstead Road, Road,Rondebosch. Rondebosch. *Woodlands, 55 Highstead
Spacious Two Spacious Three Bedroomed Apartment Spacious North-Facing North-Facing TwoBedroomed Bedroomed Apartment with and Balcony with (123m²) above the Main Road in pretty Apartment with Lounge Lounge and Balcony with Mountainsetting. Views.Bathroom Bathroom withShower Shower Mountain Views. garden Fitted with Kitchen and over Bath. Bath. Fitted Fitted Kitchen. *Garage. *Walk Bathroom. *Parking Bay.*Garage. Walk to*Walk UCT, over Kitchen. to Shopping Shopping Centres, Restaurants, UCT Jammie Shuttle, Main Road Shops & to Centres, Restaurants, UCT and Transport. Transport. Transport. and
Above Main Road! Two Bedroomed, Two Security Complex above Main Road. Large Large One Bedroomed pied-à-terre Apartment Bathroomed Duplex Apartment (91m².) with andApartment Balcony (127m²) & Stunning Three Lounge Bedroomed Fitted Kitchen opens toFitted Lounge and Balcony. Mountain Views. 24HR Security Shareblock with mountain views. Kitchen and **Two Undercover ParkingShower Bays.**Walk to Complex. Fitted Kitchen. Bathroom. Lounge with Balcony. *Plus Garage. *Close UCT, Baxter**Catering Theatre, Shopping Centres and **Garage. & Cleaning Services. to UCT,toSchools, ShopsTheatre and Transport. Transport. **Buy Baxter Now! **Walk Shops, 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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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 - 4PM
SOLE MANDATE
HILLCREST R3 495 000
FAMILY HOME + 2 BED COTTAGE + STUDIO House 4 bedrooms | Cottage 2 bedrooms |Studio 1 bedroom | 4 car garage | Swimming Pool | Central location 3km from Hillcrest CBD & M13. No shortage of space for family and friends to live and entertain! Well maintained, versatile property located in a prime suburb of the Upper Highway! See for yourself! Follow the boards from M13 Everton bridge or corner Old Main & Ashley Drive. Call LARA 083 562 3630 • Web Ref: 644 ON SHOW SUN 2 - 4PM
SOLE MANDATE
ASSAGAY R2 999 995
TWO COUNTRY/ CONTEMPORARY HOMES Multi generational living in a class of its own.... or a property that offers you an easy second income. The homes are set up in such a way that both dwellings have privacy and driveway access from two different roads. House 3 bedrooms + 1 Studio | Cinema Room | Swimming Pool | Cottage 1 bedroom. Both homes have garages and so much more! No shortage of space for family and friends to live and entertain! Follow the boards from M13 Polo Pony off ramp. Call LARA 083 562 3630 • Web Ref: 652
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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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ONLINE AUCTION OF COMPLETE MEAT PROCESSING PLANT, PROPERTY AND REFRIGERATED TRUCKS AND LIGHT DELIVERY VEHICLES ON A PIECEMEAL BASIS: PIET RETIEF / PIETERMARITZBURG Duly instructed by the Prov. Liquidators of Farm 2 U Pty Ltd, Master's Ref.: N000073/2022
BIDDING OPENS TUESDAY, 31ST MAY 2022 AT 12 NOON & CLOSES FROM 12 NOON THURSDAY, 2ND JUNE 2022 Bid online via our APP https://bidlive.maskell.co.za Viewing : Property, Butchery equipment and other movable assets – 3 Salinga Road, Piet Retief, Mpumalanga: 17th – 19th May 2022 from 9am to 3pm Viewing : Trucks and LDV – 47 Ohrtmann Road Willowton, Pietermaritzburg: 24th – 26th May 2022 from 9am to 3pm
Property Contact Danielle 082 801 6827 / danielle@maskell.co.za • Movables contact Ian 072 616 1304 / 033 397 1190 • Buyer’s card deposits strictly via EFT payments: R30,000.00 for vehicles, R10,000.00 for movables & R50,000.00 for property • FICA to be provided • “Above subject to change without prior notice • Sale subject to confirmation (E&OE)
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ON AUCTION - 22 JUNE 2022 - 14 PROPERTIES
51 Bofors Circle, Corner Bofors Circle & Nourse Avenue, Epping Industria 2, Cape Town
COMPOSITE MANUFACTURING OR WAREHOUSING PROPERTY Extent: ± 11 583 m² | GBA: ± 8 215 m² | Zoned: General Industry | Vacant occupation | Ample tarred yard and parking areas | Fully fenced with 2 entrances | Large roller door | Power supply: 1 082 Amps
JACQUES | 079 459 3022
51 Bofors Circle, Corner Bofors Circle & Nourse Avenue, Epping Industria 2, Cape Town
NOXIOUS ZONED WAREHOUSE OR FACTORY Extent: ± 14 167 m² | GLA: ± 14 216 m² plus ± 1 184 m² ‘lean to’ facilities | Tarred parking for 81 cars | Vacant occupation | Two entrances | Loading and unloading areas on each end of the property | Multiple roller doors | Large power supply currently 2 MVA ( 2 800 Amps) | Fully sprinklered
LUKE | 071 351 8138
LIQUIDATION SALE
89 Hill Street, Ferndale, Johannesburg
DEVELOPMENT OPPORTUNITY Extent: ± 2 368 m2 | Zoning: Commercial/Residential | Redevelopment potential | Well located just off Malibongwe Drive | Central Randburg
± 13km from Estcourt off the R103, Estcourt, KwaZulu-Natal
THE WILLOW GRANGE COUNTRY HOTEL 16 En-suite bedrooms | Restaurant and breakfast room | Conference centre/function room | Large bar and sundeck overlooking lawns | Swimming pool | ± 21 Ha property with 3 dams and a river
ROSS | 082 923 9277
VIREND | 071 383 1735
30 Fransen Street, Chamdor Ext 01, Krugersdorp, Gauteng
WAREHOUSING WITH AUXILIARY OFFICES Extent: ± 3 091 m² | GLA: ± 1 485 m² | 2 Warehouses/ factories | Good access | Ample yard | 5-ton Gantry crane
BRAND NEW INDUSTRIAL REBUILD Extent: ± 537 m2 | Currently being rebuilt | Located in the popular Boulevard Business Park | Construction to be completed in July 2022 | 8 Allocated parking bays
ROSS | 082 923 9277
LUKE | 071 351 8138
OPENING BID R1 MILLION
±2km from Donnybrook off the R612 along the P283, Donnybrook, KwaZulu-Natal
PRODUCTIVE TIMBER FARMS Total Extent: ± 584 Ha | 3 Portions (± 113 Ha, ± 147 Ha, and ± 324 Ha) | ± 249 Ha of Eucalyptus | ± 109 Ha of Pinus | Standing timber is of various ages and sub species | Water and timber permits are in place | Impressive Mean Annual Increments (MAI’s)
TOM | 083 636 7800
Section 16 SS Boulevard Business Park, 14 Belladonna Road, Cornubia
DECEASED ESTATE
Section 16 (Suite 208) SS Medstone Medical Centre, 19 The High Street, Umhlanga Ridge Boulevard
A-GRADE OFFICE UNIT IN UMHLANGA RIDGE Unit Extent: ± 134 m² | Sold with exclusive furniture | 5 x Parking bays | Second floor office unit with balcony | Sold vacant occupation
VIREND | 071 383 1735
Section 2, 5, 6 & 7 SS Glaymont Centre, 161 Victoria Road, Southfield, Cape Town
MIXED-USE NEIGHBOURHOOD PROPERTY Combined Extent: ± 1 610 m2 | Neighbourhood centre | Corner property | Currently a mix of industrial and retail tenants | Long standing and committed tenants
JACQUES | 079 459 3022
12 Renown Road, Westville
MULTIPLE UNIT RESIDENTIAL PROPERTY CLOSE TO UKZN 5 Bedroom main house | 1 x 3 Bedroom unit | 1 x 2 Bedroom unit | 1 x 8 Bedroom dwelling | Offers a total of 18 bedrooms | ± 2.5 km from UKZN Westville Campus | ± 1.5 km From Westwood Mall
MUHAMMAD | 079 458 4256
DECEASED ESTATE
UNDERBERG COUNTRY CLUB
Sections 2, 3, & 10 SS 2 Swinton Road, Mobeni
3 X RETAIL / INDUSTRIAL UNITS IN MOBENI Section 2: ± 237 m² | Section 3: ± 290 m² | Section 10: ± 148 m² | Total of all units: ± 675 m² | Partially tenanted | Ample on-site parking
MUHAMMAD | 079 458 4256
52 Albert Wessels Drive, Riverside Industrial, Newcastle
± 4000 M² FACTORY WITH LARGE YARD AREA ON BUSY HIGHWAY Extent: ± 23 213 m² | Helipad | 1 x Boardroom | 11 x Offices | 13 Parking bays | Power Supply: 300 Amps | Gate security room | 1 Borehole | 7 minutes from the local airport | Close to N11
HEIN | 083 639 0558
4 Shepstone Road, Fort Nottingham, KZN
4 BEDROOM COUNTRY HOME Located in historical village | ± 8 094 m² Land | 4 Bedrooms, 3 bathrooms | Substantial outbuildings | Located in Nature Reserve | Built in 1890 | Unique lifestyle property | Stunning garden
ALAN | 082 445 5048
The Remainder of Portion 35 of Erf 204, Underberg, Off Pin Oak Lane, Underberg,KZN
± 7 HA VACANT LAND WITH DEVELOPMENT POTENTIAL Total Extent: ± 7.3564 Ha | Well situated in close proximity to the Underberg Country Club | Property has a dam and enjoys scenic views | Development plans were approved but have now expired
TOM | 083 636 7800
Auction Date & Time: 22 June 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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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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Advertising Sales queries: Charl Reineke | charl.reineke@inl.co.za
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