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WHAT TO CONSIDER WHEN BUYING YOUR PROPERTY
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PICTURES: JOSHUA HANKS, ALL BONG /UNSPLASH
TRADITIONAL OR MODERN?
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Life rights have many benefits for retirees Plan offers financial and lifestyle gains which can outweigh keeping a property to leave to heirs BY BONNY FOURIE bronwyn.fourie@inl.co.za
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T HAS long been the norm for home owners to bequeath their properties to their heirs when they die but it seems the times are a-changin’. More retirees are choosing to sell up so they can buy life rights in a retirement village. Adult children are in support of this, choosing to have their parents enjoy their golden years and hardearned money instead of staying in their homes just so they can pass them on. The dream for most retirees these days is to move into a modern retirement development that offers community, activities, friendship, health care and security but many cannot afford to buy a home in such a village. The alternative is to purchase a life right, which is much more affordable, and offers them a unit in a development for the rest of their lives, although ownership remains with the developer. On their death, the developer retains ownership of the property and any capital growth on it. A portion of the original purchase price – which differs throughout developments and agreements, is returned to the estate of the deceased. This means there is no physical property to bequeath to heirs. However, heirs can feel secure that their parents were able to enjoy their retirement years at a significantly reduced price. For some heirs, this is enough. But others want a property to be left to them, regardless of the lives their parents will lead. Mariska Auret, director at Rabie, says there is “still quite a lot of concern” from retirees who feel they have to leave something to their heirs, especially when they have few or no other assets. However, where a retiree has other assets, such as other properties, policies or a share portfolio, it seems easier for them to make a lifestyle choice that serves them, rather than being concerned about their heirs. “Unfortunately, there are always instances where heirs dissuade their parents for their own gain. “In our experience, the benefits of life rights, once understood, outweigh the need to leave something behind, and simultaneously, more heirs are realising the tremendous positive impact that living in a life right estate has on their parents.” Over the past five years, says Phil Barker, a consultant to
MORE retirees are considering buying life rights over leaving their properties to heirs. PICTURE: YAROSLAV SHURAEV/ PEXELS
Renishaw Property Developments, heirs and retirees have, together, been recognising the reality that having the financial means to bequeath a property is becoming increasingly less the norm. “We are seeing more and more heirs recognising the need for their parents to continue to live the lifestyle they are used to and have enjoyed.” Echoing this, Gus van der Spek of Aview Properties says the lack of capital growth that people are facing with life rights – as any capital growth on the property will remain with the developer, along with ownership – is “a small price to pay for the safety and security and well-being of their parents”. “Our experience is that the majority of individuals in the children’s generation are more interested in standing on their own two feet and are just happy that mom and dad are safe, caredfor and happy. “The financial side of things is regarded as part of retirement
living and I think this will most definitely be the trend going forward as life rights become more widespread.” He explains that life rights generally provide a range of services which are not just lifestylebased and include essentials such as medical care and food. “In addition, the social element of retirement living is very important, so there are a number of benefits which people get from living in retirement developments.” ADVICE FOR RETIREES IN THIS PREDICAMENT As life expectancy continues to increase, Barker says retirees have to ensure, as best they can, that their retirement savings will last. “Life rights and the sectional title equivalents are ways of assisting with this process. “Our experience is that the children of retirees are recognising this and supporting their ageing parents in making this type of difficult decision.”
He emphasises that times are changing,and that, in the end, it all boils down to affordability. “People are living longer and medical costs escalate as one ages. Life savings to fund one’s longer life must inevitably include the family home.” Ultimately, Van der Spek encourages retirees to choose where they are going to be happy. After all, they have worked hard to set themselves up for a comfortable retirement. “I would urge them to see an investment like this as a repayment for life’s work. They have earned the time to settle down and enjoy these golden years in the way they feel is best, and that, ultimately, should be the focus of the decision.” A life right, says Auret, benefits retirees by offering them a tailormade lifestyle. “It is, therefore, an investment that outweighs any financial interest or gain that an heir might receive – which is not guaranteed
in any event. “The heir will still benefit financially, as they will receive the original capital back, depending in which development they purchase, as developers have varying terms and conditions.” In addition, Auret says legislation protects the occupier (retiree), which means that they have a home for life – “a tremendous benefit”. “Over and above that, there are so many things that are looked after on behalf of the occupier – 24/7 security, maintenance, and landscaping, as well as the benefits of enjoying amenities such a clubhouse, a nurse on duty and so on. “Retirees and their families, therefore, need to carefully consider what is in the best interest of the retiree. “It’s about giving him or her the opportunity to enjoy a carefree retirement and not have the stress of things like safety, mowing the lawn or fixing the roof.”
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Letter from the editor SOME people believe it is their right to inherit property from their parents, while others are happy their parents are able to look after themselves financially and don’t expect anything to come to them when their parents die. Life rights properties are ideal for this. You are able to pick up a property in a retirement estate at a lower price and, when you die, this property – at a sum far lower
NEW HOMES might cost more than existing properties but you will probably have less maintenance to carry out. PICTURE: MAX VAKHTBOVYCH/PEXELS
than market value – goes
Out-the-box or existing home?
back to the developer, so the property cannot be inherited. For many, inheriting property is one way in which to grow generational wealth. Imagine not having to service a bond or pay monthly rent – how much more money
Both options have their advantages and disadvantages for buyers
this would give you to invest or grow.
BY BONNY FOURIE bronwyn.fourie@inl.co.za
Some of the men and women in the top 100 wealthiest people in the world inherited their money via real estate. What should you do as you reach your golden years? It’s a tough question to answer and, ultimately, while it’s wonderful to help your children get a step up, there is no law that says you have to leave them anything. So, make the decision that works best for you in your life. Weigh up the pros and cons and, rest assured, no matter what you do, there will always be someone who’s not happy about it. And, while we are on the subject, do ensure that your will is up to date. Warm regards
Vivian Warby vivian.warby@inl.co.za
FIND US HERE: @iolproperty @iolproperty
@iolproperty
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HERE are many things to consider when buying a new home, with the most common thoughts revolving around the area you want to live in, the price you are willing to pay and what the property has to offer. Another consideration, however – and one which is becoming increasingly relevant – is whether you want to live in a brand-new home and purchase your property off-plan or whether you want to move into an existing, older home. Whichever option you feel is right for you, there will be things you need to know and look out for. Buying off-plan While there are pros and cons to buying off-plan, Gareth Bailey, Pam Golding Properties area principal for Durban Coastal, says if you avoid a few simple pitfalls, you are likely to enjoy your new build and have a positive investment experience for many years to come. One of the most important factors to consider when buying off-plan is the pedigree and track-record of the developer and the professional team, because this affects the likelihood the development will be delivered on time and to specification. “When friends share stories about negative development experiences, they usually relate to delays and the quality of the delivered product.” New does not mean there is no maintenance Brand-new developments, with their modern designs and facilities, appeal to many buyers, but homes in such developments will come
at a higher price than those in a similar, existing development. In return, you get new technologies which could save you money. However, Lance Gore of Spencer Gore Developments, says you must not expect that no maintenance will be needed. “In fact, new builds require ongoing maintenance but it is generally on a much smaller scale. “For example, if buying an older house you might need to upgrade the kitchen, which can be quite costly, whereas if you buy a new property, it will have a modern and efficient kitchen. “There is a maintenance saving with a new build but if you don’t do ongoing maintenance, even with a new build, that saving soon disappears.” Part of the responsibility of choosing the right home in the right development is ensuring you know who the developers are. Buyers purchasing a home off-plan should buy only from reputable developers who have a track record of producing quality homes in similar projects, says Berry Everitt, chief executive of the Chas Everitt International property group. “They should also ensure they know exactly what they are buying in terms of floor space and finishes and that these details are clearly written into their sales agreements. “It is not uncommon for developers to create a show unit to help buyers imagine what their home will look like once it is finished but you need to doublecheck that yours will be the same size and not smaller.” Buyers should also check their
agreements to ensure all the finishes on show, such as the floor and wall tiles, kitchen counters and built-in cupboards, are included in the advertised sale price, Everitt says. Choosing the right estate in the right area New residential estates are being developed at increasing rates, with many mushrooming the same areas. So how do you ensure you choose the right estate for you? Rabie director Mariska Auret advises that you first choose an area that suits your lifestyle and carefully consider whether it caters to any other requirements that you might have. Once you have done this and found an estate that you like in that area, you should ask for the projected levies and rates to ensure that, from a cash flow point of view, the estate suits your budget in the longer term. “It is also important to know what the overall master plan of the estate looks like – that you are aware of how it will be developed in the future if it is not completed yet,” she says. Benefits of buying older homes Herculene Visser, Lew Geffen Sotheby’s International Realty area specialist in Tokai, says one of the advantages of buying an existing home is that the surrounding suburb is usually established so there is little risk of living with the disruption of ongoing construction. These areas also often offer the convenience of a developed infrastructure and an array of amenities such as shopping centres,
schools, sports facilities and places of worship. “Gardens are most likely well established and well cared-for so you won’t have to spend time and money establishing one from scratch,” she says. Disadvantages include that you might have to do renovations to upgrade the property to your standards and to meet your needs and older homes often require more maintenance that can prove costly over time. Developing area or established neighbourhood? Similarly, buyers will need to decide if they want to live in an area that is still seeing new development or a suburb that is already established. Adrian Goslett, regional director and chief executive of Re/Max of Southern Africa, says older homes in more established neighbourhoods tend to be more in demand than newly built homes. Most newly built homes are found in expanding suburbs that will grow in demand over time as the neighbourhood becomes more established. Buying a home in an existing area also usually means that you know what to expect from your neighbourhood. You will know what amenities and facilities are on offer, there will already be data available on crime statistics and property values, and you will have an idea of the general feel and sense of community in the area. You may even already know the area and have more of an idea of which parts you would like to live – or avoid living – in.
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 Property and Environment Vivian Warby vivian.warby@inl.co.za Features Writer Bonny Fourie bronwyn.fourie@inl.co.za Design Kim Stone kim.stone@inl.co.za
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P R O P E R T Y NEW development Amber Glades, in Howick, KZN, encourages independent living and offers customised care.
COMFORT AND CARE AT AMBER GLADES AMBER GLADES is a newly launched senior living community designed for over-60s who are looking to be part of a secure and caring community that encourages independent living, but also offers customised care, if required. Residents are assured of engaging and supportive lifestyles focused on enhancing their physical and emotional well-being. Located in Howick, KwaZulu-Natal – an area with an excellent reputation for its retirement offerings, country lifestyle and closeknit community, Amber Glades boasts facilities including a fitness centre with an indoor, heated pool; hobby lounge; social coffee lounge; a dining room; a cosy library and a collaborative workspace. The development embraces the “ageing in place” philosophy, meaning residents are able to receive all, or any, care they may require in the comfort of their own homes. There is the added assurance of a 12-bed care centre offering a higher level of care. Having health-care facilities and trained professionals close at hand
means you are able to enjoy life without concern for you or your spouse’s care needs, says Gavin Wolmarans, fund manager at Old Mutual Alternative Investments, which developed the retirement village, in partnership with retirement developers Herdsmore. “The strength of Old Mutual Alternative Investments’s reputation means residents have the peace of mind that comes with knowing all their needs will be taken care of while they live life to the fullest.” The launch of Amber Glades, says Tim Gibson, director of Herdsmore, has been the realisation of a dream to create a genuinely caring community – a place that “offers peace of mind and freedom from concern for your future”. “It’s a place where you will find comfort in connection and opportunities to enjoy what you value most.” Contact Michele at 078 868 4736, visit www. amberglades.co.za, or email either info@ amberglades.co.za or sales@ amberglades.co.za for a private tour and viewing.
N E W S
Hassle-free retirement on pristine coast
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ORAL COVE, by Auria Senior Living, is a significant retirement development in Zululami Luxury Coastal Estate, on the shores of Sheffield Beach, KwaZulu-Natal. This luxury residential development on the North Coast raises the bar for those seeking a comfortable, hassle-free lifestyle in their older years, says Auria Senior Living chief executive Barry Kaganson. “Given the growth on the North Coast over the past few years, the provision of lifestyle environments for senior citizens hasn’t been catered for fully and Coral Cove is the first to comprehensively address this need.” He explains Continuing Care Retirement Communities (CCRCs), such as Coral Cove, are purpose-built, secure retirement communities in
which older adults can live enjoyable, hassle-free lives with access to a wide variety of hospitality services, amenities, care and support. Auria Senior Living owns and operates CCRCs throughout South Africa, and has received numerous prestigious international awards, placing them among the best in the world. The North Coast has limited retirement facilities, few of which offer a continuum of care with amenities and services as extensive as those offered by Auria Senior Living. As a result, there has been strong interest from older adults in this area. Coral Cove offers intentionally designed freestanding garden villas, maisonettes and apartments to suit independent living and assisted living as
residents may require, Kaganson says, adding: “Coral Cove will be, to the very best of our research and knowledge, the only senior living community of its kind in the world with direct access to the pristine North Coast shoreline.” This leading retirement community will offer extensive lifestyle facilities, such as outdoor and indoor heated swimming pools; an air conditioned cinema; entertainment facilities; a gourmet restaurant; coffee shop; fully equipped wellness centre and state-of-the-art care centre and catering for frail and dementia-care residents. The care centre will be operational as the first residences are occupied. For more information email coralcove@auria. co.za or contact 087 537 0539.
CORAL Cove is believed to be the only senior living community of its kind with direct access to the pristine KZN North Coast shoreline.
New developments have advantages
NEWLY built homes in developments appeal to potential home buyers for many reasons, including not needing to pay transfer duty. PICTURE: THIRDMAN/PEXELS SOUTH AFRICAN buyers seeking security and a fuss-free lifestyle are increasingly opting for brand-new homes in developments and ooba Group chief executive Rhys Dyer predicts new developments will dominate the property landscape for years to come. “Newly built homes in developments appeal to potential home buyers for many
YOUNGSTERS OPTING FOR THE BRIGHT LIGHTS OF INNER CITIES
UNDER-35s are seeking to move back to the major city centres and developers are jumping at the chance to give them the new property developments they desire. PICTURE: ZOË REEVE/UNSPLASH
reasons,” he says. In addition to being able to buy off-plan, buyers will also not have to pay transfer duty. This is because the payment of transfer duty only applies when a property changes ownership and this is not the case when purchasing a newly built home. However, Dyer does caution that buying a newly built home in a development is still subject to VAT. “You will need to pay VAT in the absence of transfer duty as the house is registered in the name of the development company and still subject to tax. “But if you are buying a new build, you will still pay less tax than if you were buying an existing property from a VATregistered private seller. This is because a new development property is registered at the minus-VAT value as an incentive to buyers.”
Aside from the financial rewards, he says there are numerous benefits to buying in to a new development, including: • The home is a blank slate that you can furnish and fit to your personal taste and requirements. • New houses normally need less maintenance and upkeep than older homes. • Newly built homes are constructed with energy efficiency in mind, often incorporating green technology. • Security measures, such as access control, biometric access, perimeter fences and CCTV, are often included. • Community living. “We’ve noticed a huge uptick of new developments across the country that cater for a range of buyer needs, including familyfriendly estates, coastal developments and lifestyle estates,” Dyer says.
WHEN the Covid-19 pandemic first hit, the CBDs of the country’s major metros – Durban, Johannesburg and Cape Town – became near ghost towns as office workers were forced to work from home. Two years later, some professionals have chosen to take advantage of flexible work-fromhome policies and flee the city for smaller towns, often in search of a more relaxed lifestyle for their families. However, an unusual demographic has moved in to take their place and revitalise the CBD – Millennials and Gen Zs aged between 20 and 35. “This age group typically has more disposable income, and therefore greater spending power, and they are choosing to inject that cash into the inner city,” says Justine Adriaanzen, commercial real estate consultant for Galetti Corporate Real Estate. Explaining that this renewed interest in the country’s major CBDs from a younger demographic will have a positive knock-on effect on the economy and property market at large, she says property developers are capitalising on this new market by converting old and/ or abandoned buildings into trendy mixed-use developments. “More local businesses, such as clothing boutiques, homeware stores, artisanal retailers, upmarket bars and restaurants, are now opening to cater to these residents and office tenants. “Renewed investment and activity have also motivated city officials to ramp up crime prevention to revitalise key CBDs.” Much of what makes the CBD attractive to the younger demographic is the fast-paced and creative lifestyle it offers. “Savvy property developers are noticing the demand and are fulfilling this age group’s desire to move to the CBD.”
Adriaanzen shares the key factors influencing youngsters’ choice to move to the inner-city: Proximity to offices: While many South Africans are working from home, the easing threat of Covid19 has seen many offices reopening and young employees are looking to be close to work and avoid long commutes. Public transport: With parking at a premium in the city, and the petrol price increasing, many are choosing to ditch their cars and take advantage of bus routes and trains to get around. Developments near MyCiTi bus stops in Cape Town and the Gautrain Park Station in Johannesburg’s CBD stand to benefit. Trendy restaurants and bars: Young people are looking to be close to the action of the city and to patronise popular restaurants and coffee shops. On-site lifestyle amenities: Millennials and Gen Z’s prioritise convenience and lifestyle in their living space and developments with gyms, co-working facilities and even retail stores on site are in high demand. Modern design: Fast wi-fi, city views, smart TVs and sleek finishes in apartments have proved to be popular with this age group and they are even choosing these features over greater square footage in their homes. Noise prevention: An inevitable feature of inner-city living is street noise, so developers are encouraged to implement noise-blocking features such as double-glazed windows in their units. Another huge consideration in these areas is security, Adriaanzen says. “Safety and 24-hour security guards, biometric access and CCTV cameras are security measures that most Millennials will be unwilling to compromise on.”
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PICTURE: BIRGIT LOIT/UNSPLASH
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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KUNJANI MALL CONCORDIA
Elevating living, shopping and working THE NEW mixed-use facility and shopping mall in Concordia in Knysna.
SHOPRITE will be the anchor tenant in a mall that will also offer Ackermans and Pep.
CONCORDIA in Knysna will soon boast its own multimillion mixed-use facility and shopping mall. In a joint venture between national property developer Latitude Properties and product development firm EPCM Holdings, a R200 million mixed-use facility will house the first shopping centre in the township. Harry Pretorius, retail developer and chief executive of Latitude Properties, says the 4 500m² mall will bring shopping convenience to this underserviced area in Phase 1, while Phase 2 will add a further retail component, boosted by quality affordable housing and community-centric amenities. “These include amenities such as a co-working space, day clinic, action-soccer fields as well as a local early childhood development centre. “Kunjani Mall Concordia will change the way people shop, eat, live and work.” Major national retailers Shoprite, Ackermans and Pep Stores have confirmed tenancy in Phase 1 of the project, providing residents who travel mostly by foot into Knysna for many of their purchases with a superb shopping experience and far more choice right on their doorstep. “We are extremely excited about our multi-
functional Kunjani concept development,” Pretorius says, adding: “By creating more accessible developments with more inclusive spaces we are uplifting the area to offer better conditions and choices for residents.” The Kunjani Concordia development in Knysna will also play a key role in escalating the fabric of the neighbourhood and, importantly, contribute to job creation. “Over and above the predicted 200 builders and labourers involved in the construction, it will also yield at least 100 permanent jobs on completion.” In a move that will further contribute to economic inclusion for a broader group, Pretorius is excited to announce the development’s support for small and informal traders within the space. “Our approach is very much a collaborative one that will stimulate the entire area and have a positive social impact which, in turn, boosts the local and regional economy.” Noting that shoppers from outlying areas have less access to online shopping, he says the Kunjani Concordia development is about servicing more residents with better options. The companies working on the Kunjani joint
venture have plans to complete three more Kunjani precincts in the Western and Southern Cape over the next 18 months and remain bullish on the long-term growth of retail business in rural and township areas. “Our experience across all parts of the development sector shows that multi-functional spaces bring opportunity, first and foremost, for better lifestyles, shopping experiences and even family health,” Pretorius says, noting the importance of ensuring developers take cognisance of the full spectrum of the social ecosystem and their impact on communities. For more information, visit www.kunjanimall.co.za.
KUNJANI MALL CONCORDIA DEVELOPMENT SUMMARY Owner: Address:
EPCM Latitude Developments JV 120 Concordia Road, Concordia, Knysna Erf size: 4 hectares Zoning: Business Construction Area: 5 000m² Rentable Area: 4 500m² Total project cost: R200 million Anchor tenant: Shoprite (1 500m²)
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Your Peace in the City
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
APARTMENTS FOR SALE IN VREDEHOEK, CAPE TOWN Only 6 exclusive apartments left 1 penthouse with private jacuzzi Full power back-up generator Custom designed joinery workspace in each apartment Sea, mountain and city views Secure parking and excellent security From R1 777 500 (incl. VAT) no transfer duty
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y! a e d r to i ! u ew i y to v q a n nt d e E o tm T in
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Make Quadrant Gardens Your Home Making the right retirement choice is important. You want to enjoy your retirement, not be worried about the costs of property maintenance and care cost. Quadrant Gardens is a stunning property, state of the art with quality finishes, purpose built for relaxed retirement in Wilderness Road Claremont. The 75 state of the art apartments are spacious and comfortable and many have great views. The Luxury Retirement facility also has a 19 bed Care Centre which offers 24 hour assistance to those who need care. Book an appointment to view
For more information or to book your personal appointment contact Quadrant Gardens Manager, Adam Munga on 021 205 8600 or AMunga@cpoa.org.za • Care Manager, Sr. Nikki Hanekom on NHanekom@cpoa.org.za • Wilderness Road, Claremont
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LIFE STARTS HERE
Located in one of Cape Town’s most quaint coastal precincts, Noble Resorts Harbour Bay offers an exclusive collection of luxury residences for over-50’s. Enhanced and complemented by exceptional resort amenities and contemporary experiences, a lifestyle of luxury and effortless living awaits you. Exclusive lock-up-and-go studio apartments to generous townhouses.
PRICED FROM R1,795 000 incl. VAT | No Transfer Duties ENQUIRE NOW: sales@nobleresorts.co.za | +27 (0)10 612 6060 www.nobleresorts.co.za
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The depictions herein are for illustrative purposes only and are subject to change without notice.
STUDIO FROM R1 850 000
1-BEDROOM FROM R2 4 50 000
2-BEDROOM FROM R5 295 000
RUN AWAY Inspired to enable a fast-paced lifestyle, this unprecedented development features nuances of brilliant mesmerising construction, and gives you everything you need, without having to sacrifice on RUNW AWAY I T H L I F Edecor, convenience or comfort. Inspired to enable a fast-paced lifestyle, this unprecedented development features nuances of brilliant decor, mesmerising construction, and gives you everything you need, without having to sacrifice on convenience or comfort. Get your ticket to the good life - you will love the vibe while you live it up.
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O N S H OW U N I T AT T H E P O I N T, 8 T H F LO O R , 76 R E G E N T R OA D , S E A P O I N T ( E N T R A N C E V I A C A SS E L L R OA D ) .
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H I G G OVA L E - R 34 MIL L IO N E XC I T I N G N E W R E L E A S E
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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
RONDEBOSCH R1,95 R1, 5 MILLION MILLION NEWLANDS R2,2 MILLION RONDEBOSCH R5,3 MILLION PINELANDS R4,695 MILLION RONDEBOSCH RONDEBOSCH ON SHOW Sunday 2 – 5 pm Cathay View, 12 Devonshire Hill Road, Rondebosch
ON SHOW SUNDAY 2-5PM
Small Spacious SecuritySecurity ComplexComplex. EcklenbergTwo in pretty garden Bedroomed Apartment with lounge setting. Spacious Three Bedroomed Apartment leading to large Balcony. Fitted Kitchen (200m²) with Stunning Mountain Views. *Kitchen, & Full Room, Bathroom. *Parking Bay. Dining Sun Room, Two Full Bathrooms, Close to Dean Street Shops, Restaurant TV Lounge & Laundry Room. *Tandem Garage. and Jammie Shuttle Stop. *Close to Shops & Transport.
*Woodlands, Road, Rondebosch. Rondebosch. *Woodlands, 5 Highstead Highstead Road,
Small Security Complex above the Main Double Storey Family Home in pretty Road. Large modernised Garden with Pool for Sale Bachelor in Alice’s Ride. converted to OneThree Bedroomed Apartment Four Bedrooms, Bathrooms, Lounge, (46m²) Room with Kitchenette, Built-in Cupboards Dining & Kitchen. Two Garages. and Balcony. Shower Bathroom. Walk to *Many Extra Features! *Walk to Schools, UCT, Jammie Shuttle, Shops & Green. Transport. Shops, Restaurants & Bowling
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. and Transport.
Security Complex Large North Facing Fixerabove UpperMain Two Road. Bedroomed Apartment (83m²) with Mountain Views Three Bedroomed Apartment (127m²) in Garden setting. Lounge Balcony, with mountain views. Fittedwith Kitchen and Kitchen, Bathroom with Sep Toilet. Lounge with Balcony. *Plus Garage. *Close **Garage. *Walk to Cavendish Square, to UCT, Schools, andand Transport. Restaurants, Gym,Shops Schools Transport.
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
National Listings
Third Phase NOW SELLING, Burgoyne Heights located in a secure complex in Richwood with electric fencing offering 18 quality 55sqm apartments on 1st, 2nd & 3rd Floors comprising of two well sized bedrooms with laminate flooring & bics, one bathroom with shower, WC & vanity basin. Open plan granite kitchen with choice of white or black splashback and gas hob, electric oven & extractor. Plugs with USB points. Tiled living area with ceiling fan leading out to well sized balconies with built-in braai. Prepaid electricity, gas & water. 15/18 Apartments with storage units included. 1 Parking bay. Optional extra’s available. DSTV & Fibre ready. First 6 clients that purchase successfully will get a FREE TV, FRIDGE & WASHING MACHINE (only 1 set per client)
PICTURE: BIRGIT LOIT/UNSPLASH
DISCOUNTED PRICES ON 5 OR MORE UNITS T&C’S APPLY
PRICED FROM
R1,189,000
INCLUDING TRANSFER & BOND REGISTRATION FEES. R10,000 DEPOSIT SECURES.
Situated in close proximity to Richmond Park, Richmond Corner Shopping Centre, Canal Walk, De Grendel Wine Farm amongst a few to mention, main highways & on the Tygervalley Road as well as close to all other amenities. 5 Year NHBRC Warranty. LEVY: +-R1,100 - +-R1,300 pm. Estimated Completion Date:+-July 2022.
Barbara 082 693 9443 / barbarai@just.property
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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Stunning
NEW PHASE
NOw RElEasED!
ballito | kwa-zulu natal | South africa
1 BEd 1 Bath
2 BEd 2 Bath
3 BEd 2 Bath
R1 329 900*
R1 949 900*
R2 299 900*
from
from
MassivE
GREEN BOND
On Show 32 international Property awards
20 Year SavingS!*
2-6pm | Wed, Sat, Sun & All Public Holidays
Scan ME
to view the latest Brochure
Michelle blackburn 084 788 1020
Latest Awards
from
michelle@balwin.co.za
hills ave, ballito www.balwin.co.za
*Terms & Conditions Apply
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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
PixieG Estates
ON SHOW SUN 2-4:30PM
SOLE MANDATE HILLCREST R3 495 000
FAMILY HOME + 2 BED COTTAGE + STUDIO 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! House 4 bedrooms | Cottage 2 bedrooms | Studio 1 bedroom | 4 car garage | Swimming Pool |Central location 3km from Hillcrest CBD & M13. See for yourself! Follow the brds from Everton bridge or cnr Old Main and Ashley Road. Call LARA 083 562 3630 • Web Ref: 644
TIMED ONLINE AUCTION on the 10 May 2022 @ 12noon bidlive.maskell.co.za
Duly instructed by the attorney in the matter of Rokwil Civils (Pty)Ltd Case ref No: 11678/2021P; Liquidators in the matter of Ukumba Brick and Quarry (Pty)Ltd(In Liquidation) Master`s ref No: N000219/2021; Greystones Enterprises(Pty)Ltd( In Liquidation), Master`s Number: D000212/2020
Bidding OPENS on 10 May 2022 @ 12noon & CLOSES from 12noon 12 May 2022
ON-LINE TIMED AUCTION OF CONSTRUCTION PLANT AND EQUIPMENT including
Dozers: 2015 Komatsu D85EX-E14 Dozer -2007 Caterpillar D6R STD III Dozer-2005 Caterpillar D6R III STD Dozer- 1998 Caterpillar D11R Dozer - 2 x Wagner CHD Chip Front- End Dozers Excavators : 2013 Hyundai ROBEX 520LC-9S Excavator 2 x 2012 Hyundai Robex 1200-9 Excavators - 2 x 2012 Hyundai Robex 800 LC-7A Excavators-2009 Hyundai Robex 800 LC-7A Excavator 2008 Hitachi Zaxis ZX 670LCR-3 Hydraulic Excavator - 2007 Hitachi Zaxis ZX 670LCR-3 Hydraulic Excavator - 2011 Hitachi Zaxis ZX 870LCR-3 Hydraulic Excavator - 2 x 2015 Caterpillar 320D2L Excavators - 2008 Hitachi Zaxis ZX 200-3 Hydraulic Excavator 2008 Hitachi Zaxis ZX 244-3 Hydraulic Excavator Smooth Drum Rollers : 4 x 2015 Bomag BW 219 D-4 Smooth Drum Rollers Other: Volvo ADT; CAT 938G Front end loader- Bell hauler etc. For more info contact 033-397-1190 or IAN on 072-616-1304 or CHRIS on 072-199-5603 │ BUYER’S CARD DEPOSIT: - R30,000.00 │ STRICTLY BY EFT PAYMENTS ONLY │ FICA TO BE PROVIDED “ABOVE SUBJECT TO CHANGE WITHOUT PRIOR NOTICE” “E & O e”
A G E N T S ’ D I R E C T O R Y
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
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SHELLEY RESIDENTIAL KZN Office 082 412 4463 Email: hello@shelley.co.za www.shelley.co.za
PixieG Estates
DOGON GROUP RENTALS Sea Point Office 021 433 2580 enquiries@dogongroup.com www.dogongroup.com
PIXIEG ESTATES Upper Highway - KZN Contact: 083 562 3630 Email: info@pixiegestates.co.za www.pixiegestates.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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