Property360 - National Digital Magazine - 30 July 2021

PROPERTY

360

RETIREES SELECTIVE WHEN CHOOSING THEIR RETIREMENT PATH PA G E 3

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Many retirees prefer to continue living in their own homes for as long as they are able to.

PICTURE: BBH SINGAPORE/ UNSPLASH

Ways of living in retirement How to thrive in your old age is a conundrum increasingly exercising the minds of baby boomers, Gen Xers and even millennials BY VIVIEN HORLER

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ANY baby boomers – born between 1946 and 1964 and now roughly between 57 and 75 years old – have already retired. Gen Xers – born between 1965 and 1980 and aged from 41 to 56 – realise that retirement is coming – fast – and wonder if their plans and savings will see them through.

And millennials – born between 1981 and 1995 and aged between 26 and 40 – are beginning to take the prospect of retirement seriously.

A lot of it is about money – financial experts say you need to be saving for at least 25 years to fund your retirement, and it is the first 15 years of your working life, roughly from 22 to 37, that are crucial, because it’s your oldest savings that compound interest works its magic on.

But it’s not all about money.

There are also a number of lifestyles to choose from to give you the best chance of happy and fulfilled golden years. Property 360 look at some of them.

Remaining at home This option sees seniors choosing to stay on in the home they have lived in for years. They are familiar with their surroundings, don’t want to go to a retirement village or move in with children – they want to remain independent for as long as possible.

As people get older and increasingly frail, they will have to pay for more help, so will need cleaning services, caregivers, meals and transport.

Modifications might need to be made to the home, such as a wheelchair ramp, grab bars in the bathroom and a medical alert system.

In cases where people live in a double-storey home, they might need to install a stair-lift, which is an expensive option, or adapt a downstairs room to become a new bedroom.

And, of course, the normal home maintenance will need to continue.

This could be a lonely option, as life partners die and friends visit less frequently as they stop driving.

Retirement villages These frequently offer different modes of living – younger and fitter people can live independently but, as they need more help, can move into an assisted living component of the complex.

And if people become unable to live alone, they can move into frail care.

A set-up like this works well for couples who might be ageing at different rates, meaning the frailer of the pair can be cared for by professionals while the fitter partner can remain in their own home but can easily visit.

The advantages of these villages are that they are usually in attractive settings with communal gardens and joint facilities such as a swimming pool, tennis courts or even a golf course.

There is plenty of company because residents can socialise with each other and those who run the villages arrange activities from book clubs to bridge as well as outings.

People can eat in their own homes or dine communally, and they don’t have to worry about daily chores and property maintenance.

Security is usually prioritised The homes themselves are invariably convenient and compact.

The disadvantage of retirement villages are that they are in relatively short supply in South Africa and tend to be expensive because of the facilities and services on offer.

There two distinct funding models. One sees the pensioner buying their home in the village, and having full title to that home. When they die, their estate will inherit the home, be able to sell it and take advantage of capital appreciation.

The other way, which is becoming increasingly popular in South Africa, is a life rights scheme.

These schemes tend to be more cost effective for people with less capital. The retiree is not buying the home, he or she is buying a right to use the property for the rest of their lives.

The catch is that the home remains the property of the developer, and on the death of the retiree, the developer can then “sell” the unit to a new resident at current prices. Usually the deceased estate will get some or all of the original payment but without any, or very little, capital appreciation.

One way of looking at life rights is that it is as if the retiree is renting the property but paying all the rent upfront.

Because buying into a life rights scheme does not involve actual transfer of property, no bond registration or transfer

fees are payable.

The developer, as owner of the property, is responsible for all maintenance, but retirees do have to pay a levy in addition to their initial payment.

Multi-generational living This is an option for many families. It enables the older relatives and the younger ones to share costs, chores and even child-care.

It means elderly parents have company and younger family members have support.

However, it can generate tensions – who is the boss of the family? Will the seniors be taken advantage of?

The success of this option could be improved by having the different generations in separate homes, such as a main house and a granny flat or cottage.

This would mean that the different generations are more independent, don’t live in the same space but are within easy reach of each other for company and help.

It is important to arrange the finances and property ownership in such a way that should either party want to withdraw from the arrangement, no one is left disadvantaged.

Home-sharing Think of The Golden Girls TV programme. Home-sharing is not just for students.

Advantages include live-in company and sharing interests, costs and chores.

But, as with multigenerational living, it is vital that the set-up is arranged in such a way that should tensions arise, people can leave without losing out on capital. A legal contract is probably sensible.

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High expectations Today’s retirees want it all - companionship, health services, amenities, activities and excellent food

Letter from the editor

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

Modern retirement property trends are leaning towards resort-style living.

RETIREMENT is a hot property story and this is one of the reasons for our regular features on it.

With Generation X entering the retirement market and looking for a home for their golden years, developers have had to relook at their retirement village models.

What was fine for the Baby Boomers probably won’t work fully for Gen X, an interesting generation who helped usher in the internet.

Automation, smart homes and fully online homes are now the norm. And, given the earth’s vulnerability, green, sustainable homes are also fast becoming a necessity.

In some countries life expectancy is about 90, meaning this generation is also likely to be working way past age 65 – probably into their 70s and beyond. Again a consideration for developers.

I do believe that developers are ahead of the curve in their forward-thinking models, but things are changing fast and, no doubt, in a decade or so when we begin seeing millennials enter the retirement market, we are likely to witness innovations we have not yet even thought of.

The retirement property market is an exciting one, and one to keep your eye on.

Warm regards

Vivian Warby vivian.warby@inl.co.za

FIND US HERE: FACEBOOK: @property360.co.za TWITTER: @property360_za INSTAGRAM: @property360.co.za

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ODAY’S retirees are revolutionising “life after 60” by having such high expectations of their golden years that modern developments need to include all the bells and whistles to meet them.

From 5G networks and smart devices to gourmet dining and prime locations, retirement villages globally are offering luxury living of the highest standards – for those who can afford it.

In South Africa, modern developments are starting to follow suit.

New generation retirement estates and villages are “all about the lifestyle”, says Rabie director Miguel Rodrigues.

“Developers of these retirement estates aim to create campus-style living, which usually includes a clubhouse; restaurant or dining room; multi-purpose rooms and a library, as well as various outdoor activities.”

He says most estates offer swimming pools and gyms and some include bowling lawns and even chapels.

“The trend is towards ‘resortstyle’ living, as has become popular in the US, but just on a smaller scale.”

In terms of style, the

properties, homes and apartments are “as modern as anything on the market”.

“The term ‘old-age home’ has all but disappeared and youngat-heart seniors want to continue enjoying their independence, while benefiting from a hospitality-based estate that offers a host of amenities and services, as well as security.

“Regardless of age, retirees have modern tastes, enjoy the finer things in life and want to do so within a like-minded community,” Rodrigues says.

All of this is in addition to quality health care and individualised health plans, and activities which encourage socialising and mental well-being.

The world’s best luxury retirement communities offer 24-hour, on-site medical staff, dieticians who work closely with chefs, and mental health professionals who provide care and plan activities. Some even have personal trainers and kinesiologists on the staff.

The Covid-19 pandemic has placed even more emphasis on the importance of the overall well-being of retirees.

Gus van der Spek, owner of life rights company Manor Life and developer of Wytham Estate, says the elderly have not only

been battling the physical health effects of the virus but also the toll it has taken on their mental health, as a result of Covidimposed isolation.

“Many elderly people across South Africa live alone and had already been struggling with feelings of isolation and loneliness before the pandemic began. With the very real threat of Covid-19, these issues only worsened.”

For those living in retirement communities, however, the impact was less severe as they were able to interact with their friends and staff members.

“Those who had opted to live in retirement lifestyle villages and estates were able to isolate in their own units, with plenty of space to themselves, while still interacting outdoors, safely ‘masked-up’, with other residents and staff when necessary,” Van der Spek says.

In addition to activities, modern conveniences, socialising, health care and security, retirement villages are focusing on architecture and landscaped gardens, so residents can be surrounded by luxury aesthetics.

As one’s environment has a powerful impact on mood, health, and overall happiness, retirement communities feature more natural sunlight, open layouts and green spaces for residents to enjoy.

BELLS AND WHISTLES GLOBAL trends in retirement property reveal that modern villages and estates are meeting the needs of today’s retirees with the following offerings: Deeper focus on well-being: In addition to physical and mental health care activities, and diet, retirees are interested in educational offerings for lifelong learning as well as activities that link them with young people.

Technology: Fast wi-fi is a nonnegotiable as more and more residents rely on smart devices and apps to monitor their health, such as integrated wearables that track vitals, and help plan their lives, such as scheduling of activities and menu planning.

Pet-friendly spaces: Not only must new developments allow pets but they must offer off-leash dog areas, walking trails and social pet activities.

Luxury dining: Cafe-style restaurants and bistros are increasingly replacing cafeteria-style cuisine and offering sophisticated and healthy meals and snacks.

Bucket lists: Some communities help residents achieve their lifelong dreams by incorporating national and international travel opportunities throughout the year.

Hobbies: Modern villages cater to residents’ personal pleasures by offering on-site libraries, art centres and music lessons.

DISCLAIMER: The publisher and editor of this magazine give no warranties, guarantees or assurances and make no representations regarding any goods or services advertised within this edition. Copyright ANA Publishing. All rights reserved. No portion of this publication may be reproduced in any form without prior written consent from ANA Publishing. The publishers are not responsible for any unsolicited material.

Publisher Vasantha Angamuthu vasantha@africannewsagency Executive Editor Property Vivian Warby vivian.warby@inl.co.za Features Writer Property Bonny Fourie bronwyn.fourie@inl.co.za Design Kim Stone kim.stone@inl.co.za

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New – or tried and trusted?

Experts give their views on whether retirees should go for just-built or older retirement developments and answer other property questions

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

Q: MY PARENTS are looking to move into a retirement village and we are not sure if we should opt for a brand-new development or an existing development. What are the biggest differences between the two?

And what are the pros and cons of both options?

Many retirees choose to move closer to their children and grandchildren, rather than opt for living in a distant seaside town.

PICTURE: HUMPHREY MULHEBA/UNSPLASH

Retirees who have less capital to invest will benefit from the lower cost investment, which affords them a lot more home and services for their money than any other form of purchase, and tight monthly budgets will also be eased by lower levies as all maintenance costs are covered by the development. – Lisa Stredder, retirement property specialist for Lew Geffen Sotheby’s International Realty in the Winelands

A: The biggest difference when it comes to choosing between an established lifestyle village and a new lifestyle village is typically amenities and finishes, as you’re more likely to get modern amenities and topof-the-range finishes in a new development.

Q: My wife and I are almost at retirement age and we want to make sure we will be covered financially.

What can we do to ensure we will have enough to live comfortably?

Pros of an established village: • Able to get feedback from existing residents on their experience.

• Existing sense of community among residents.

• An established reputation and history for you to research and to factor in when making your decision about if this retirement village is right for you.

Cons of an established village: • Facilities and amenities are often tired and in need of an update.

• Staff may have become apathetic over time and be in need of re-training.

• Progressive trends in retirement living, such as the integration of technology, might not be present in older villages.

Pros of a new development: • Newer villages are designed with the latest trends in retirement living in mind to ensure comfort and overall experience.

• Modern facilities and top-ofthe-range finishes.

• Residents go in with an open mind and on an even playing field, so no cliques or biases.

• Greater emphasis on lifestyle rather than functionality.

• Staff will have undergone up-to-date training.

Cons of a new development: • Reputation and history need to be established.

• No existing residents to consult.

• Possibility of minor teething issues in the beginning. – Gus van der Spek, owner of life rights company Manor Life and developer of Wytham Estate Q: We will soon be moving into a retirement village and are considering the different developments on offer. What are the standout features or main aspects that we should take into

account when deciding between the different options?

A: This is a personal choice, but location would be the first thing to consider. Many retirees move closer to their children and grandchildren rather than moving to quaint seaside places or remote small towns.

A second big consideration is access to medical care. The third factor should be price, which is when you consider what you get for your money.

I would carefully research the developer and learn about their reputation and track record. Then I would advise that you look at amenities, house design (whether it suits your lifestyle), security

and so forth.

Moving into a retirement estate is a huge decision and it’s important to make sure the fundamentals of location, affordability and who you are buying from/making a commitment to, are taken care of.

– Miguel Rodrigues, director at Rabie Q: I keep hearing about retiring in a life rights property but am not entirely sure what that means. What is the difference between buying a property normally and a life right?

A: A life right is ideal for those who prefer to leave the challenges and costs associated with homeownership, maintenance and sale to others, while still

maintaining their lifestyle.

Essentially, it affords the retired individual the right to occupy a unit in a lifestyle estate for the rest of their life, while ownership of the property is retained by the developer.

This “right” is paid for with a capital investment upfront and on relocation or death the unit is ceded back to the development, usually for the initial invested price, and this payment becomes part of the deceased estate. Capital appreciation goes to the developer.

With a life right comes a list of continuous services as the developer doesn’t bow out on completion as happens with freehold and sectional title retirement schemes.

A: When entering retirement, you are shifting to measured spending and you need to have a clear game plan in mind on how you will manage your money and stretch it till the end.

These are six common mistakes retirees make: Overspending: Many retirees start by pursuing all the things they didn’t get to do while working, such as travelling, picking up a new hobby or renovating their homes. They underestimate the amount of money they’ll spend in those first few years of retirement.

Withdrawing large sums from pension: This can put your portfolio in jeopardy of running dry. If you withdraw large amounts of money frequently, you may suddenly need to make major changes in your lifestyle and spending just to get by.

High-risk investments: Retirees need to consider their risk profile when looking at suitable investments post retirement.

Unfortunately, time is limited to make up capital losses, should they occur in high-risk investments.

Falling prey to scams: Retirees are among the most targeted for scams. Fraudsters are always on the prowl, looking for ways to scam retirees of their pension payout and contributions.

Cashing out pensions too soon: South Africans can retire from as early as 55. However, the biggest drawback to an early pension is that it will reduce the amount of money you receive each month.

Misconception about paying tax: Most forms of retirement income are taxable. Many retirees are of the impression that their money does not get taxed when they retire leading them to withdraw large sums of money frequently.

– Himal Parbhoo, FNB chief executive of Cash Investments

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N E W S

CELEBRATE WITH DE PLATTEKLOOF DE PLATTEKLOOF Lifestyle Estate is in the most exclusive suburb in Cape Town’s northern suburbs and represents the best of luxury lifestyle retirement living.

To celebrate its fourth birthday, a unique promotional offer will see new buyers realising savings of up to R1.086 million.

However, there are only 15 opportunities left.

The Assisted Living Apartments included in the celebratory offer include studio suites and two-bedroom suites.

The studio suites were typically priced R1.406m and are now priced at R1.25m, inclusive of free parking for 12 months.

The two-bedroom suites are on offer for R2.499m, plus free parking for 12 months.

The Independent Living Apartments

studio apartments, previously priced at R1.596m are now priced at R1.499m, inclusive of a furniture package worth R100 000 and free parking for 12 months.

A two-bedroom apartment is on offer for R2.25m, from the previous price of R2.413m, inclusive of zero levies for 12 months.

The Independent Living Exquisite Homes also has special pricing on five brand-new homes, all featuring luxurious finishes as specified by an interior specialist.

These beautifully designed homes were previously priced from R4.995m but are now priced from R4.695m.

Show units are available for viewing.

Contact Dawid Prinsloo at 060 960 0100 to book a viewing.

Edenroc provides spectacular sea views and optimal health care

Opportunities in the property market

There are 15 opportunities left to buy into De Plattekloof at the special birthday price.

LOCATED on Durban’s Golden Mile and with direct access to the well-known Durban beach promenade, Edenroc offers spectacular sea views from the sea-facing and side suites.

The hotel provides everything needed to enjoy a carefree and cared for retirement in the best

location, including: A care centre with 24hr nursing and assisted living care, overseen by registered sisters • Private fully furnished care centre apartments on a rental basis.

• Life rights with 100% refund.

• Studio, one- and twobedroom suites across six

floors – 96 in total.

• Three meals a day with morning and afternoon tea.

• Daily serviced units.

• Weekly shopping trips and outings.

For more information contact Nicki or Alana on 031 337 4321, email md@ edenroc.co.za, or visit www.edenroc.co.za

L U X U RY R E T I R E M E N T I N T H E M I D L A N D S

Comfort on the South Coast WIDENHAM Retirement Village, the newest village in the Hibiscus Retirement Villages group, is 50km south of Durban, just before the town of Scottburgh.

The cottages are sold on the life right basis.

Hibiscus Retirement Villages is at all times responsible for all maintenance of the cottages, both inside and outside. There is no sectional title and therefore on purchasing the life right there are no commissions, no lawyers’ fees and no tax payable.

When residents leave the village, for whatever reason, the amount paid for the life right is refunded.

Widenham currently has 24-hour nursing staff operating out of a clinic and the village will also have a frail-care facility

purpose-built later on in the development.

Each cottage is wired for wi-fi and fibre is provided to the home, as well as a telephone service (Voip) and DSTV. All you need is your decoder. Dedicated staff will connect you and, within the day, your TVs, telephone, internet and your printers will be connected.

If you are retired, or are 60 years of age, we have a cottage for you. Currently, there are 236 cottages occupied and 432 happy residents. Please make an appointment and visit our available sites in phase 4.

For more information contact Caylin or Jenette at 066 306 0669 or 066 306 0612, visit www. widenhamretirementvillage. co.za or email us at widenhamsales@gmail.com.

The Rob Roy Retirement Village offers panoramic views over the Valley of a Thousand Hills and a luxury lifestyle with top-quality health care.

THE ROB ROY Retirement Village, which is perched near the summit of Botha’s Hill in KwaZulu-Natal, is a peaceful upmarket residential community at the gateway to the Valley of a Thousand Hills.

The village, which offers panoramic views over the valley, provides residents with a healthy and active retirement lifestyle in a beautifully manicured setting.

It also has 24-hour security, a fully equipped care centre, world-class amenities and services, and a wide range of luxury apartments and freestanding cottages.

Furthermore, it has an indoor heated pool.

Health and wellness is, however, the top priority, and residents have access to the best medical care as and when they need it.

Those who require assisted

care can also maintain their independence in their own luxury apartment or freestanding cottage, while having access to a full range of assisted living services.

Property ownership is on a life rights basis which requires retirees to make an upfront investment and thereafter get the right to live in the property in the village for the duration of their lifetime.

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PICTURE: JAY WENNINGTON / UNSPLASH

National Listings

T O A D V E RT I S E I N K WA Z U L U - N ATA L Anne Reddy 0 8 2 8 2 8 0 0 1 0 Larissa Marks 0 7 6 2 3 1 1 0 8 9

anne.reddy@inl.co.za larissa.marks@inl.co.za

TO ADVERTISE IN WESTERN CAPE Leigh Auret 074 991 3373 Shevon Philander 078 422 4925

leigh@property360.co.za shevon.philander@inl.co.za

TO ADVERTISE IN GAUTENG Contact any of the four sales representatives above

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Amber Glades residents enjoy being part of a caring community that supports independent living

AMBER GLADES IS SENIOR LIVING REDEFINED Spend your retirement in a caring community with many activities on tap and all the care you need

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OUR LATER years can often be characterised by loneliness, uncertainty and financial and health challenges but this is greatly eased when you are part of a caring community.

In such a community, challenges are shared and, with a life rights purchase, your future is also secure.

Located in Howick, in the KZN Midlands, Amber Glades is a senior living village for those over 60 who are looking to be part of a secure and caring community which supports independent living and has the added advantage of customised care, if required.

At Amber Glades you are encouraged to maintain your independence and autonomy regarding your life choices and care plan and you are enabled to live a life of purpose and belonging.

The village consists of 160 beautifully finished apartments, designed around two common areas which offer the opportunity for engagement in a wide variety of activities.

Amenities and facilities include a dining room, cosy library, sociable coffee shop, lounge, hobby area, collaborative workspace and meeting room. There is also a purpose-designed gym and indoor, heated swimming pool.

Everything has been designed with the greatest care and attention to ensuring that those living at Amber Glades have an engaging and supportive lifestyle focused on enhancing their physical and emotional well-being.

A NEW VISION FOR A CARING COMMUNITY At Amber Glades, your care depends entirely on you and your needs. It has been designed for you to receive any and all the care you require in the comfort of your own home. You have peace of mind knowing that this care is provided by an experienced, multi-disciplinary team dedicated to your well-being.

There is also the added assurance of a 12-bed Care Centre specifically designed and equipped to provide a higher level of care on a temporary and short-term basis, should this ever be required.

Having health-care facilities and trained professionals close at hand means that you will be able to enjoy life without concern for your or your spouse’s future care needs.

A UNIQUE PLACE TO CALL HOME There are four luxury apartment layouts to choose from, each offering a lounge, kitchenette with dining nook, bathroom and balcony or veranda.

Special features standard in all the apartments include extra-wide entrance doors for easy movement, emergency call buttons should the need arise and luxury, cushioned vinyl flooring throughout the apartment living areas. The bathrooms are spaciously laid out with Grohe taps and shower fittings and upmarket frameless glass shower screens.

Amber Glades is more than just a place to live. It is senior living redefined. It is home.

Secure your future and embrace all that life has to offer.

For more information please visit the website www.amberglades.co.za.

Alternatively, contact agents Debbie 082 557 0107, Tiffiny 074 444 9694 or Sharon 082 579 2637.

The village offers its residents an engaging and supportive lifestyle focused on enhancing their physical and emotional well-being.

BELOW: At Amber Glades you are encouraged to maintain your independence and autonomy regarding your life choices and care plan.

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ON SHOW SUN 10 - 2:30PM

CHARTWELL ESTATE RETIREMENT VILLAGE WINSTON PARK R1 900 000

This delightful spacious 2 bedroom, 2 bathroom simplex situated in the picturesque Chartwell Estate Retirement Village offers tranquil surroundings within easy driving distance to shopping centres, churches, restaurants and Golfing. A perfect place for vibrant retirees!

Follow ON SHOW boards down Jan Smuts Avenue into Retief Road to view, for further information call 073 2100 577

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LAST FEW FROM THE DEVELOPER

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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

HILLCREST R2 500 000 LOCATION! CHARACTER NATURAL STONE & THATCH HOUSE 3 bedrooms | 2.5 bathrooms | lounge & dining with interleading fireplace leads out to an entertainment area complimented with a Lapa & built in braai. Indigenous garden is landscaped featuring a pool and firepit.

Double-storey natural stone & thatch house with a double garage situated in a secure small complex (6 units) with full security.

Central Hillcrest within walking distance to shopping centres, schools and easy access to the CBD and M13. 2 Dogs (Adult height 50cm) - No cats.

For more details call LARA SOLE MANDATE 083 562 3630 • Web Ref: 581 HILLCREST PARK R3 550 000 MULTI FUNCTIONAL FAMILY HOME 2 lounges | 5 bedrooms | 5 bathrooms | Situated in an excellent sought-after suburb with easy access to the M13 freeway, Hillcrest CBD and excellent schools. Large under cover patio for all year outdoor living and entertaining which overlooks the pool, lapa, outside entertainment area and firepit all situated on a level landscaped garden. Huge private office space and double drive-through garage. Separate gym and bathroom. Many Options; Work from Home/ Extended family needing separate living space/ Teen pad/BnB/Guest Suite and space to develop a workshop - plenty of parking. Contact today to arrange a view and bring your offer!

OUR MANDATE

Call LARA 083 562 3630 • Web Ref: 574

DRUMMOND R4 100 000

OUR MANDATE

SENSATIONAL SMALLHOLDING Spectacular smallholding high on a hill in beautiful Drummond.

5 bedrooms | 4 bathrooms double storey home has top-notch finishes, wonderful large spaces, a wrap around upstairs veranda and fabulous views, pub and entertainment area with roll-up weather blinds and direct access to the pool. Room for staff, two wendy houses, triple garage, large office space, laundry and lovely stables. This could very easily be converted to a very decent sized second house. There is plenty of land for horses and other livestock and already an existing vegetable patch. This home is immaculate and needs no work whatsoever.

Arrange a viewing and bring your offer!

Call JANE 061 054 1035 • Web Ref: 588

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RHONDA RAAD PROPERTIES

CONTACT US NOW: 082 448 7795

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.

ROSEBANK R1,295 MILLION RONDEBOSCH R1,575 MILLION RONDEBOSCH R1, 5 MILLION

24 Hour Manned Security Complex. One Bedroomed Apartment with Fitted Kitchen open plan to Lounge with Balcony & Stunning Mountain Views. *Plus Covered Parking Bay. *Communal Pool and Braai Area.

Small Security Complex. Spacious Two Bedroomed Apartment with Lounge leading to large Balcony. Two Bedrooms with ample Cupboards. Fitted Kitchen & Full Bathroom. *Parking Bay. *Close to Dean Street Shops, Restaurant and Jammie Shuttle Stop.

Spacious North-Facing Two Bedroomed Apartment with Lounge and Balcony with Mountain Views. Bathroom with Shower over Bath. Fitted Kitchen. *Garage. *Walk to Shopping Centres, Restaurants, UCT and Transport.

RONDEBOSCH R2,6 MILLION RONDEBOSCHR1,15MIL-R1,95MIL

Security Complex above Main Road. Large Three Bedroomed Apartment (127m²) with mountain views. Fitted Kitchen and Lounge with Balcony. *Plus Garage. *Close to UCT, Schools, Shops and Transport.

24 HR Security Shareblock Complex in pretty garden setting. Choice of One Bedroomed & Two Bedroomed Apartments with views! Catering and Cleaning Facilities. *Includes Garage / Parking.

CONTACT: RHONDA C: 082 448 7795 T: 021 685 2212 E: rrpsales@mweb.co.za / www.rhondaraadproperties.co.za

TIMED ONLINE AUCTION BIDDING OPENS AT 12 NOON ON WEDNESDAY THE 4 th OF AUGUST 2021 Bid via our APP: https://bidlive.maskell.co.za

Duly instructed by the Trustee of the Insolvent Estate: SS Sambo, Master Ref. no.: G879/2018

INSOLVENCY AUCTION OF A 3-BED FAMILY HOME WITH SEMI DETACHED OUTBUILDING LOCATED IN ALBERTSKROON, JOHANNESBURG 7 Fifth Street (also known as Long Street)

BIDDING OPENS AT 12 NOON ON WEDNESDAY THE 4th OF AUGUST 2021 & CLOSES AT 12 NOON ON THURSDAY THE 5th OF AUGUST 2021 Download our APP “Peter Maskell Auctioneers” – from IOS or the Play Store OR visit https://bidlive.maskell.co.za

Contact Danielle 0828016827 / danielle@maskell.co.za • R50 000 buyer's card deposit payable by EFT • 10% deposit payable on fall of hammer • FICA docs to be provided • Auctioneer’s commission of 6% + VAT on purchase price payable by purchaser on date of auction • Viewing strictly by APPOINTMENT ONLY • Sale is subject to confirmation • "ABOVE SUBJECT TO CHANGE WITHOUT PRIOR NOTICE (E&OE)

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F R ESN AY E - R 6 5 MIL L IO N E XC I T I N G N E W R E L E A S E

Web Ref: RL10255

MODER N HI DEAWAY I N BI R D ’S EYE LOCATI ON

Found at the end of Head Road, a quiet cul-de-sac, is this striking modern glass building. The grand living room is the raison d’etre of this home, an expansive space seamlessly connecting the indoor and outdoor areas. An open-plan lounge, dining room kitchen and bar flow onto a spacious outdoor terrace to braai, eat, swim and lounge. Tan on the sun loungers or shade in the glamorous pool pavilion. Boasting good frontage, high ceilings and total privacy, this is the living space people are asking for

DENISE DOGON 082 449 6608

VICKY ATLAS 083 447 1381

F R E S NAY E - R 12 .5 M IL L IO N

ADRIEN EPSTEIN 083 455 5661

HIGGOVAL E - R 15 MI LLI O N

PRICE REDUCED

Web Ref: RL10043

Web Ref: RL10527

PE RF E C T F RE SN AY E FA MI LY LI FEST YLE

Warm & inviting family home boasting excellent finishes. This gorgeous 3/4 bedroom (all en-suite) home offers versatile accommodation with balconies. 3 Open-plan entertainment areas lead onto garden, patio & pool. Secure parking for 4 cars

MICHELLE COHEN 082 321 7871

STEPHEN COHEN 082 600 5335

E AGLE’S N E ST

Set amongst a lush established garden, this home, with its unique floating loft style & double volume ceilings offers 3 beds private decks, shaded hideaways & a kitchen consisting of a casual bar area. This home is perfect for the entertainer

BYRON KRUGER 082 401 5179

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

KEITH ANDERSON 083 540 5033

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MOUILLE P OINT - R 4 .75 M I L L I O N

W Y N B ER G U PPER - R 3.9 MIL L IO N

NEW RELEASE

NEW RELEASE

Web Ref: RL11466

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Web Ref: RL11467

THE BEST OF BOTH WORLDS

J U L Y

Web Ref: RL11468

CHELSEA VILL AGE CHARMER

GR OU N D FLOOR GAR D E N APAR TM E N T

The Green Point Urban Park and the very trendy Promenade are your neighbours Apartments of this calibre don’t stay too long on the market

The Armoury, a beautifully appointed 3 bed with memorabilia of bygone era, with high ceilings, authentic fireplace & grand chandeliers is a townhouse not to be missed

This spacious 2 bed apartment has been recently renovated and is ready to move into. Pets allowed upon body corporate approval. Call quick to set up a viewing

GAVIN GOLIATH 082 963 0000

LANA HOLT 071 035 9458

DUNE TANCREL 084 358 4910

WY NBERG U P P E R - R 5.5 M I L L I O N

GA R DEN S - R 1.9 95 MIL L IO N

C IT Y C E N T RE - R 4.15 MI LLI O N

NEW RELEASE

PRICE REDUCED

EXCLUSIVE

Web Ref: RL11440

ONE-OF - A -KIND IN PRIME “CHELSEA ”

PRICE REDUCED

Web Ref: RL10812

Web Ref: RL11327

GORGEOUS WRAP- AROUND VIEWS

AR GUAB LY C AP E TO WN’S B E ST VI E W

Natural materials, sand washed windows, doors, screed flooring and featured Malmesbury cladding stonework complements this historic 4 bed, 3 bath gem

This 2 bedroom apartment is perfectly located for people from all walks of life. Top floor, corner unit with views of Table Mountain. Good security & close to all amenities

Conveniently located on the city’s Eeast precinct, known for its bar & coffee culture in a converted warehouse, this duplex penthouse is the epitome of inner city living

LANA HOLT 071 035 9458

MATTHEW SCHRIRE 083 645 4583

KEAGAN JAMES 082 902 8202

SEA PO INT - R 4 .8 M I L L I O N

SU N N I N G DA L E - R 2 . 3 MIL L IO N

C IT Y C E N T RE - R 1.57 MI LLI ON

PRICE REDUCED

NEW RELEASE

Web Ref: RL7946

Web Ref: RL7245

B E AU T I FU L C O MPL E X IN A N IDE A L LO CATI ON

Web Ref: RL11472

I MMACUL ATE I N EVERY WAY

AIRBNB INVESTMENT OPPORTUNIT Y

A stunning corner apartment ideally located within a minute’s walk to the beachfront and Promenade. 24 Hour security, roof-top pool with views and 1 parking bay

3 Beds, 2 baths (m.e.s). Open-plan kitchen leads onto a dining room & lounge. Small garden with artificial lawn, that makes this the perfect lock-up & go lifestyle. Garage

This 51m2 top floor apartment is neat and ready for an investor. Currently tenanted while waiting for the Airbnb market to pick up again. Good security

KEAGAN JAMES 082 902 8202

NATALIE KOCH 082 393 8923

DUNE TANCREL 084 358 4910

C H OI C E S E L E C T I O N O F C A P E T O W N ’S D EVELOP MENTS 2 6 D E LO N G U E V I L L E

URBAN O N BREE

FRESNAY E - R 15.25 M I L L I O N

C I T Y C EN TR E - R 1. 49 9 MIL L IO N

V ILL ANDR IE

N E WL AN D S - R 7.995 MI LLI O N

NEW RELEASE

Web Ref: RL11459

EXCLUSIVE

A STATEMENT OF EXCELLENCE

Web Ref: RL10175

Web Ref: RL10158

GREAT VALUE IN THE CIT Y

WHERE LUXURY LIVES

This striking development offers the discerning buyer an opportunity to own & occupy an entire floor in this boutique apartment building. VAT Incl. - No Transfer Duty

Stunning studio apartment with city views from the balcony Sold furnished. VAT Incl. - No Transfer Duty

Villandrie offers an exclusive opportunity to enjoy a luxurious lock-up and go lifestyle in this charming cosmopolitan suburb. VAT Incl. - No Transfer Duty

PAUL UPTON 071 610 8088

NATACHA NEUBURGER 083 449 9933

PAUL UPTON 071 610 8088

Rentals 021 433 2580 A visionary company with decades of experience

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DE PLATTEKLOOF LIFESTYLE Cape Town Office 021 814 7000 Email: live@deplattekloof.co.za www.deplattekloof.co.za

HUNT PROPERTIES Cape Town Office 076 240 3033 lloyd.becker@huntproperties.co.za www.huntproperties.co.za

THE WOODLAND Umhlanga Office 081 281 3960 Email: info@woodland.co.za www.woodland.co.za

RHONDA RAAD PROPERTIES Cape Town Office 082 448 7795 Email: rrpsales@mweb.co.za www.rhondaraadproperties.co.za

AMBER GLADES KZN, Midlands Office 082 557 0107 / 074 444 9694 082 579 2637 Email: info@amberglades.co.za www.amberglades.co.za

KLOOF RETIREMENT VILLAGES Upper Highway - KZN Contact: 073 2100 577 Email: lhan@telkomsa.net www.kloofretirementvillages.co.za

PixieG Estates

DOGON GROUP PROPERTIES Atlantic Seaboard Office 021 433 2580 Email: thekings@dogongroup.com www.dogongroup.com

WESTCOAST PROPERTY Cape Town Office 082 451 9988 Email: allen@oasislife.co.za www.oasislife.co.za

PIXIEG ESTATES Upper Highway - KZN Contact: 083 562 3630 Email: info@pixiegestates.co.za www.pixiegestates.co.za

DOGON GROUP RENTALS Sea Point Office 021 433 2580 Email: enquiries@dogongroup.com www.dogongroup.com

BALWIN PROPERTIES Ballito Office 084 788 1020 Email: michelle@balwin.co.za www.balwin.co.za

SHELLEY RESIDENTIAL KZN Office 082 412 4463 Email: hello@shelley.co.za www.shelley.co.za

DOGON GROUP PROPERTIES Western Seaboard Office: 021 556 5600 or 021 433 2580 Email: enquiries@dogongroup.com www.dogongroup.com

KINGSFORD ESTATE Westville, KZN Office: 087 012 5670 Email: info@kingsford.co.za www.kingsford.co.za

PETER MASKELL AUCTIONEERS KZN Office: 033 397 1190 Email: info@maskell.co.za www.bidlive.maskell.co.za

www.property360.co.za

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