YOUR VERGE IS NOT YOUR PROPERTY PARKING PERMITTED OUTSIDE PRIVATE HOMES
PAGE 3
1 31 MARCH 2023 360 PROPERTY PICTURE: ULISES VARELA /PEXELS
Many people opting to give up their homes to make ends meet
in lower-income
BY BONNY FOURIE bronwyn.fourie@inl.co.zaMANY South Africans continue to find themselves under so much financial pressure that they are forced to sell their homes.
This is especially the case for owners of lower-value properties, who make up more than 20% of property sellers.
Fewer people are upscaling, house prices are under pressure, and homes on the market are taking longer to sell – all signs of a struggling property and consumer market.
The latest FNB Property Barometer, which reflects on the data for the first three months of 2023, shows that 17% of property sales across all values are due to financial pressure. Of this volume, 24.1% of sales of properties valued at under R250 000 is due to money stress. Similarly, 21.3% of sales of homes valued from R500 000 to R750 000 is for this reason.
“Financial pressure-induced sales remain elevated at 17% of
sales volumes in Q1 ‘23, unchanged from the previous quarter,” says FNB economist Siphamandla Mkhwanazi, adding that, at these levels, the prevalence of downscaling is consistent with the historical average of 18% since the fourth quarter of 2007.
“However, financial pressureinduced sales are disproportionately higher in the affordable market segment, with an estimated 22% of sales attributed to financial pressure.”
Although the figure is a “relief” from the 30% seen in the last three months of 2022, he says it nonetheless reflects the impact of the sharp increase in debt-servicing costs, which should have a more pronounced impact on lowerincome households.
Furthermore, any increase in the prime lending rate can have a significant impact on a home loan, other debts, and also one’s overall financial well-being. While some property experts hold hope that the interest rate will remain unchanged next week, most expect it to be
hiked by 0.25%.
With financial pressure a factor for many South Africans, the FNB barometer also reveals that incidents of upgrading have slowed recently, from a peak of 17% in the second quarter of 2021 to 10% in the current quarter.
Time on the market lengthens
Property owners who are selling their homes are seeing them sit on the market for longer. The results from FNB’s estate agent survey suggest that the average time properties are on the market has lengthened to 10 weeks and five days (75 days), compared to 69 days in the last quarter of 2022.
While shorter than the longterm average of about 91 days (since Q3 of 2004), Mkhwanazi says this is the longest time on market since Q3 2020, and is attributed to slowing activity and “stretched affordability”.
“The Western Cape had the shortest time on the market, at 55 days, unchanged from the previous quarter, followed by
Gauteng at 77, up from 69 days in the last quarter. Eastern Cape and KZN saw their time-on-market stretch to 85 days, from 73 days and 79 days respectively.”
House prices continue to drop
The FNB House Price Index’s annual growth decreased in February, averaging 2.3% year-on-year, down from 2.7% in January. Buying activity has also slowed this year, a reality that Mkhwanazi says is a departure from a customary seasonal lift in activity in the first quarter of the year.
“Additionally, agents estimate that approximately 50% of properties on the market for sale now take three months or longer to sell, an increase from 33% in 1Q22.”
Overall, he says, the slowing trend in activity and price growth is consistent with weaker demand, reflecting the impact of higher borrowing and debt-servicing costs.
“In addition, elevated living costs are eroding affordability, particularly among lower-income groups. Indeed, our survey results
show that incidents of downscaling are more prevalent in lower-priced segments. As such, we anticipate house price growth of around 2% this year versus 3.5% and 4.2% in 2022 and 2021, respectively.
“National year-on-year house price inflation, according to Lightstone’s latest residential price index, is 2.51%, a figure that has decreased since early 2021.
“Annual property inflation remained steady in the Free State, KwaZulu-Natal, and Mpumalanga, increased in Limpopo and North West, and decreased in the Eastern Cape, Gauteng, the Northern Cape, and the Western Cape.”
The index also breaks down house price growth as at the end of January, by region:
Limpopo – 8.5%
Eastern Cape – 6.43%
Mpumalanga – 6.42%
Northern Cape – 6.4%
Free State – 5.72%
Western Cape – 5.33%
KZN – 4.35%
North West – 3.97%
Gauteng – 2.51%
2 31 MARCH 2023
The past few years of intense financial pressure on consumers, especially
households, is leaving them with little choice but to sell their propertyFewer people are upscaling, house prices are under pressure, and homes on the market are taking longer to sell – all signs of a struggling consumer and property market. PICTURE: JESSE ZHENG/PEXELS
Anyone can park outside your home YOUR VERGE IS NOT YOUR PROPERTY
BY BONNY FOURIE bronwyn.fourie@inl.co.za
RESIDENTS who live close to schools, retail outlets, or other businesses – or perhaps even have social neighbours who receive lots of visitors – have no choice but to put up with people parking outside their homes.
As frustrating as it might be, the land is a free-for-all when it comes to parking.
This means you cannot place traffic cones or plant other obstructions, such as rocks, greenery, or fencing, to cordon off the area to other people.
Regardless of where in South Africa you live, municipal by-laws seem to be consistent on the issue.
In the City of Cape Town, law enforcement spokesperson Wayne Dyason says anyone can park in any public place as long as there are no official signs prohibiting this, like “no parking” signboards, or red and yellow lines.
“You are allowed to park in front of someone’s house as long
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as you do not cause an obstruction or block driveways.
“In other words, you must be parked legally. People cannot block a public space by using beacons or anything else to reserve parking or prevent parking.”
Echoing this, Rob Quintas, the city’s mayoral committee member for urban mobility, says private individuals own only the rights to land that is included in the property they own, such as up to the property boundary.
“Land beyond the property boundary belongs to the municipality which administers it to the benefit of the general public… Parking on public streets is open to all members of the public on a first-come, first-served basis, subject to applicable laws and regulations such as time limits or vehicle-class restrictions.”
In addition, Section 2(2) of the by-law relating to streets, public places, and the prevention of noise nuisances addresses the reservation
of public parking spaces, and states that anyone who does so must immediately cease upon instruction of a peace officer or metro police officer.
He adds: “The city does not support the reservation of public parking for any specific business or residence. The only exceptions to this are the hiring of parking bays for limited periods for the purpose of construction activity or the holding of special events.”
In Durban, eThekwini Municipality spokesperson Msawakhe Mayisela, says no one, including homeowners and business owners, are allowed to reserve parking anywhere unless they are granted permission to do so by the municipality. For example, hotels can be allowed to reserve parking where there is a demarcated marking for tour buses.
Furthermore, he says all land outside a person’s home, doors or garages, belongs to
the municipality. If an area is not marked as a parking zone, however, no one is allowed to park there, including residents or business owners.
Johannesburg Roads Agency spokesperson Mosa Makhalima says the City of Joburg’s by-laws state that no person may place rope, wire, or pole on, under, or across any public road; or hang, or place anything to restrict parking, without the written permission of the council.
“If any person causes an obstruction on a public road, an authorised official may order such person to refrain from causing, or to remove, the obstruction.”
Just like in other cities, the road belongs to the municipality. For this reason, Makhalima says, anyone can park there, unless the parked vehicle obstructs the entrance or driveway to the property, or parking is restricted. If the vehicle is parked for more than 48 hours without moving though, the property owner has the right to report the vehicle as suspicious.
BOOM GATES AND GUARD HUTS
Another trend that has been seen over the past few years is the erection of boom gates and guard huts in residential streets, for security purposes. However, these are illegal in eThekwini, unless permission has been obtained from the municipality’s roads department, Mayisela says.
In Johannesburg, the city approved the Security Access Restrictions Policy in 2018, and Makhalima says the policy allows for the implementation of a closure if the correct process is followed.
“Communities that are erecting structures without following the process are doing so illegally. Legal structures are mostly those where you can see the city has issued a reference number for the closure.”
Where there is no reference number, he says the closure is probably illegal.
Similarly, erecting guard huts is also illegal, unless permission has been given.
“The placement of any obstruction (guard hut structures) at street corners without the permission of the city is illegal.
The structures may impair the available sight distance at an intersection if not placed correctly. Therefore, this needs permission from the city prior to the placement of the structures.”
Dyason says boom gates and guard huts are also illegal on public roads in Cape Town, unless approval has been received from the city.
The City of Cape Town’s deputy mayor and mayoral committee member for special planning and environment, Eddie Andrews, adds: “The Gated Development Policy does provide guidelines and requirements for retrospective gated developments. It would, however, be unlawful if communities provide booms and gates over public land without first obtaining the necessary approvals from the city.”
Explaining further, Quintas says Cape Town’s Gated Development Policy allows gated communities with restricted access on the basis that all roads behind the gates will be private roads.
“To this extent, the private roads are then managed and maintained by the Homeowners’ Association and restricted access is permissible in these events. These developments are normally defined as part of the initial landuse establishment in terms of the City’s Municipal Planning By-law.” Boom gates and guard huts are permitted under the city’s Policy for the Placement of Security Huts on city-owned land.
“The policy aims to address and accommodate private security needs of neighbourhoods within the City of Cape Town without being in conflict with city infrastructure and to comply with applicable legislation.
“In the case of existing public roads, the security hut policy guides the placement of security huts to monitor movement, but no permanent or physical obstruction such as booms may be placed without the city’s consent.”
He says the city evaluates each application and generally does not allow restricted/limited movement on public roads for security purposes as roads and walkways are there to promote mobility, be it by vehicle or on foot.
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
3 31 MARCH 2023
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Municipal by-laws do not allow residents or property owners to reserve parking outside their homes or businesses. PICTURE: JESSE ZHENG/PEXELS
Across the country, municipal by-laws are clear on what is and is not permitted on this piece of land
4 31 MARCH 2023 PICTURE: RANDY FATH / UNSPASH TO ADVERTISE IN KWAZULU-NATAL Sherine Budhram 0 84 460 7295 sherine.budhram@inl.co.za Antoinette Gilbert 083 793 5382 TO ADVERTISE IN WESTERN CAPE Abigail Wilmot 083 212 1141 abigail.wilmot@inl.co.za antoinette.gilbert@inl.co.za TO ADVERTISE IN GAUTENG National Listings
5 31 MARCH 2023
6 31 MARCH 2023
RONDEBOSCH R2,25 MILLION
RONDEBOSCH R2,8 MILLION
RONDEBOSCH R5,3 MILLION CAVENDISH HEIGHTS R2,1 MILLION
ON
ON SHOW SUNDAY 2-5PM
*Devonshire Hill, 13 Grotto Road.
Prime Position! Spacious Two Bedroomed Duplex Apartment with Garage for Sale. Dining Area and Lounge leading to Large Balcony with Views! Fitted Kitchen and Full Bathroom. Walking distance to Schools, UCT, Shops and Transport.
Security Complex Ecklenberg in pretty garden setting. Spacious Three Bedroomed Apartment (200m²) with Stunning Mountain Views. *Kitchen, Dining Room, Sun Room, Two Full Bathrooms, TV Lounge & Laundry Room. *Tandem Garage. *Close to Shops & Transport.
Small Security Complex. Two Spacious Bedroomed Apartment with lounge leading to large Balcony. Fitted Kitchen & Full Bathroom. *Parking Bay. Close to Dean Street Shops, Restaurant and Jammie Shuttle Stop.
Charming Two Bedroomed Apartment (95m²) with Fitted Kitchen open to Dining Room / Lounge and Balcony with views. Full Bathroom and Sep Toilet. **Covered Parking Bay. **Walk to Kingsbury Hospital, Library, Restaurants, Jammie Shuttle, Shops and Transport!
Security Complex in Pretty Garden! Spacious Three Bedroomed Duplex Apartment (115m²) with Two Balconies and Mountain Views! Lounge, Dining Room, Fitted Kitchen (in need of TLC,) Full Bathroom & Guest Toilet. Parking - first come, first serve. *Walk to UCT, Jammie Shuttle, Shops & Transport.
with Kitchenette, Built-in Cupboards and Balcony. Shower Bathroom. Walk to UCT, Jammie Shuttle, Shops & Transport.
ROSEBANK R1,65 MILLION
RONDEBOSCH R1, 5 MILLION
RONDEBOSCH R1,95 MILLION
WHITEHALL COURT R1,35 MILLION
RONDEBOSCH R3,1 MILLION
Spacious Three Bedroomed Apartment (123m²) above the Main Road in pretty garden setting. Fitted Kitchen and Bathroom. *Parking Bay. Walk to UCT, Jammie Shuttle, Main Road Shops & Transport.
Charming Two Bedroomed Apartment with Fitted Kitchen (with built-in Oven, Hob and Extractor Fan) open plan to Lounge and Balcony. Two Bedrooms with Ample Cupboards. Bathroom with Shower over Bath, Toilet and Basin. **Plus Carport. Academic Mile - Walk to UCT!.
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.
Large One Bedroomed pied-à-terre Apartment with Lounge and Balcony & Stunning Mountain Views. 24HR Security Shareblock Complex. Fitted Kitchen. Shower Bathroom. **Garage. **Catering & Cleaning Services. **Walk to Shops, Baxter Theatre and Library!
Charming and Large Modernised Three Bedroomed, Two Bathroomed Apartment with Entrance Hall, Lounge and Balcony. Modern Fitted Kitchen with built-in Oven, Hob and Extractor Fan. Close to Kelvin Grove Club, Newlands Cricket Stadium, leading Schools, Shops and Transport.
CONTACT: RHONDA C: 082 448 7795 T: 021 685 2212 E: RRPSALES@MWEB.CO.ZA / WWW.RHONDARAADPROPERTIES.CO.ZA
7 31 MARCH 2023 CONTACT: RH ONDA C: 082 4 48779 5 T: 021 6 8 5 221 2 E : rr p sa l es@m web. c o.z a/ ww w. rh ond araa dp rop ert i es .co.z a RHON D A R AA D PRO
W e specia li se i n the S al es a nd Rent als of res i dentia l propert y i n the Southern Suburbs a nd Surrounds . Cont a ct u s t oda y f o r all y o ur Bu yi ng, Sel li ng an d Renta l need s on 082 448 7795 / 021 685 2212 . CONTACT US NOW: 082 448 779 5 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. ROND EBOSC H R1, 5 M I LL IO N 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. Small Security Complex above the Main Road. Large modernised Bachelor converted to One Bedroomed Apartment (46m²)
PE R TI ES
SHOW SUNDAY 2-5PM
*Oakley Gate 14 College Road.
8 31 MARCH 2023 dogongroup.com A visionary company with decades of experience NADIA RAPITSE-HURLING 061 256 0020 MATTHEW SCHRIRE 083 645 4583 MORNING STAR - R5.85 MILLION CAPE DUTCH STYLED FARM HOUSE One large property in this expansive small holding with ample parking spaces and a pool. This property in sought-after Cape Rural allows for so many fantastic investment options being zoned for Agricultural means This home is beautifully unique with vivid injections of special features like Equestrian facilities for your horses. This property can be utilized as an events venue as well Web Ref: RL12625 LANA HOLT 071 035 9458 SOUTHERN SUBURBS 021 671 0258 CLAREMONT UPPER - 12.6 MILLION LUXURY ESTATE LIFESTYLE Entering this fine home one can admire excellent proportions, clean lines and exclusive top end fittings and finishes. Generosity of space is evident with the open-plan concept, living with glass fronted wood-burning fireplace creates an ambiance of warmth Easy flow from living into dining and family rooms with stack back doors and American shutters. Automated double garage, including extra parking and comprehensive security Web Ref: RL12619 EXCITING NEW RELEASE
9 31 MARCH 2023 A visionary company with decades of experience Rentals 021 433 2580 CHOICE SELECTION OF CAPE TOWN’S DEVELOPMENTS PERFECT INVESTMENT BUY 24 Stylish one, two and three bedroom apartments spread over 3 floors VAT Incl. - No Transfer Duty THE CHESTERFIELD RONDEBOSCH - FROM R2.65 MILLION Web Ref: ND1 DELIVERING AN OUTSTANDING INVESTMENT 169 On Main is the perfect sanctuary to springboard into all that the Atlantic Seaboard has to offer. VAT Incl. - No Transfer Duty 169 ON MAIN GREEN POINT - FROM R4.95 MILLION PAUL 071 610 8088 KEAGAN 082 902 8202 Web Ref: ND38 HOME MEETS HEAVEN 3 Beautifully designed contemporary residences, channelling sunlight while creating movement within each space. VAT Incl. - No Transfer Duty DOMAINE BORDEAUX CONSTANTIA - FROM R17.995 MILLION PAUL UPTON 071 610 8088 Web Ref: ND70 HIDDEN GEM ON TRENDY SEA POINT STRIP This beautiful 3 bed, 1.5 bath hidden treasure has just hit the market. Come view this spacious, newly renovated apartment situated on the top floor SEA POINT - R3.899 MILLION LESLEY 061 439 8225 LEAH 082 608 3388 Web Ref: RL12082 NEW RELEASE POSITION - POSITION - POSITION This beautiful “feel good” single level family home set on 753m2 is brimming with charm and grace and is overflowing with potential to renovate FRESNAYE - R12.995 MILLION MICHELLE 082 321 7871 STEPHEN 082 600 5335 Web Ref: RL12596 PERFECTLY POSITIONED - INCREDIBLE VIEWS Surrounded in a peaceful environment one must view to appreciate the generosity of rooms that this immaculate lock ‘n leave offers KENILWORTH UPPER - R3.395 MILLION LANA HOLT 071 035 9458 Web Ref: RL12629 NEW RELEASE LESLEY 061 439 8225 LEAH 082 608 3388 KLOOF STREET’S 3 BEDROOM SECRET 3 Bedroom penthouse apartment with exceptional views. This unit has private access stairway to further enhance the security and privacy of this unit GARDENS - R3.88 MILLION Web Ref: RL12620 PERFECT INVESTMENT BUY This apartment is beautifully finished & boasts ample natural light throughout. This apartment is equipped with fridge-freezer combo & includes 2 secure parking bays RONDEBOSCH - R5.65 MILLION LESLEY 061 439 8225 LEAH 082 608 3388 Web Ref: RL12607 NEW RELEASE SEA POINT SPLENDOUR This spectacular apartment is well appointed and has been beautifully renovated with quality finishes. Boasting ample natural light throughout and 1 paking bay SEA POINT - R3.85 MILLION LESLEY 061 439 8225 LEAH 082 608 3388 Web Ref: RL12609 DAVYD BRUSSOW 082 468 9198 EXCLUSIVE 1 BEDROOM IN PRESTIGIOUS STATION HOUSE Open-plan kitchen and living room opening onto light & bright balcony, the kitchen is equipped with a fridge/freezer oven, which includes a secure parking bay FRESNAYE - R3.85 MILLION Web Ref: RL12621 EXCLUSIVE STUDIO APARTMENT WITH SEA VIEWS Sectional title apartment in well established retirement home on the beachfront with superb sea and mountain views plus so much more MOUILLE POINT - R1.25 MILLION ALISON ROBB 082 956 9506 Web Ref: RL12556 2 BEDROOM APARTMENT WITH PARKING & VIEWS 2 Bed, 1 bath apartment with a separate guest cloakroom & secure parking bay is now available in an excellent position not far from the beachfront SEA POINT - R3.55 MILLION ALISON ROBB 082 956 9506 Web Ref: RL12600 EXCLUSIVE EXCLUSIVE NEW RELEASE LESLEY 061 439 8225 LEAH 082 608 3388 NEW RELEASE EXCLUSIVE EXCLUSIVE PRICE REDUCED EXCLUSIVE
10 31 MARCH 2023
FOR SALE
R 1 295 000
2 BEDROOMS | 2 BATHROOMS
SPACIOUS APARTMENT IN DIEP RIVER.
2 bedroom 2 bathroom apartment in Clarewood, Diep River, a short walk to the station, Martins Bakery and other local amenities, above the railway line.
• Fitted kitchen with electric oven, hob and extractor and plumbing for washing machine.
• Open-plan lounge with parquet flooring
•Two double bedrooms with an en-suite bathroom complete with bath and shower. • Covered Parking bay. • Prepaid electricity
ERF: 1471m2 | HOME: 70m2 | RATES: R 450 p/m | LEVIES: R 1500 p/m
PLEASE CONTACT: Collin Mbiriri on 071 879 8564 or email cmbiriri@gmail.com or mmnyandoro@gmail.com
11 31 MARCH 2023
PRIVATE
SALE
A RARE OPPORTUNITY NOT TO BE MISSED
This magnificent home sits high on our beautiful mountain at the edge of National Parks land and has uninterrupted views across False Bay towards Simon’s Town, the Hottentots Holland Mountains of Somerset West/Stellenbosh and South to Rooi Els as far as the eye can see. Once you enter you almost have the feeling of being on board ship with every room boasting breathtaking views from every corner of the property.
PROPERTY DESCRIPTION:
TOP LEVEL: 1:
3 Garages with direct access double glazing, sliding doors and Euro style open in/tilt windows and doors for easy cleaning with lounge and dining view preserving Luxaflex Blinds. Fantastic entertainers kitchen with views, Luxaflex Blinds, open in/tilt windows, easy access drawer and cupboard systems. Energy saving instant water heaters for kitchen and bathrooms. 3 phase energy supply to enable load balancing and instant water heating. Beautifully appointed entrance, secure and side garden patio, lounge and dining areas with large balcony, 3 x 316 plate stainless steel pillars clad in ALU support sea facing beam.
Low maintenance Rhein Zinc Eave cladding and gutter on main roof. Warranties on main and new garage roofing. Stainless steel recessed gutter on main roof feeds 2 x 6000 litre tanks in large level 3 store
PLEASE CONTACT AGENT FOR ALL VIEWING DEBBIE 073 140 2543 IRENE PORTER PROPERTIES
SALE BY TENDER
Duly instructed by the Trustees of the Insolvent Estate of TK and VTZ Khanyile, Master Ref: D53/2020
TENDERS ARE INVITED FOR THE PURCHASE OF A 9-BED DOUBLESTOREY DWELLING FEATURING TWO DOUBLE GARAGES, COVERED ENTERTAINMENT AREA, SWIMMING POOL AND OUTBUILDING
53A HAYGARTH ROAD, KLOOF, KWAZULU-NATAL
The property comprises: lower level: reception area, 2 lounges, study, glass enclosed verandah, O/P lounge and kitchen serviced by a pantry & scullery. Entertainment area with bathroom, billiards room and a fully fitted cinema room & two en suite bathrooms. Upper area: Landing with a fitted office, 5 en - suite bedrooms with a large main bedroom. Further improvements: 2 - dbl garages; covered entertainment area overlooking the swimming pool; Servant’s quarters comprising of 3 rooms, ablutions and an open plan lounge kitchen area
TENDER CLOSING DATE : 12 APRIL 2023 at 12H00 • For further details & tender documents, contact Danielle Hoskins (Candidate Property Practitioner) on 033-3971190 • 082 801 6827 or email danielle@maskell.co.za or visit our website www.maskell.co.za • Tenders are to be delivered in a sealed envelope to JV Hart, Executors of Estates, Unit 1, Block C, 460 Townbush at Cascades, Montrose, Pietermaritzburg, 3201, Attention: Kate Guiot and clearly marked “Insolvent Estate TK & VTZ Khanyile - Tender document” • “Above subject to change without prior notice” “E & O • Sale is subject to confirmation
12 31 MARCH 2023
room, programmable water system. LEVEL 2. 2 Bedrooms both with beautiful en suites, common balcony access and fabulous views. Ample cupboards. Carpeted bedroom areas.. LEVEL 3. This level is office space with a separate bathroom at the moment but can be turned into an apartment with its own entrance or alternately another 2 bedrooms. Inside ALU American Shutters for security and comfort. ASKING PRICE R7.25 MILLION
13 31 MARCH 2023 The Rules of Auction & CPA Regulations can be viewed at www.in2assets.com or at Unit 503, 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. CONTACT US FOR MORE INFO: 0861 444 769 info@in2assets.com www.in2assets.com 063 500 1652 Auction Date & Time: 25 April 2023 | 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 24 PROPERTIES ON AUCTION – 25 APRIL 2023 NEAT AND MODERN OFFICE BUILDING 12 Ennisdale Road, Durban North Extent: ± 1 018 m2 | Upmarket offices Located in the popular Broadway Precinct | Neighbouring property also available LARGE INDUSTRIAL WORKSHOP PLUS OUTBUILDINGS 323 Piet Rautenbach Street & 21 Theuns Mulder Street, Brits Extent: ± 22 056 m² GLA: ± 12 598 m² | 2 Workshops | 57 Parking bays BREATHTAKING SOUTHERN DRAKENSBERG DEVELOPMENT STANDS Wild Dog Estate, Between Underberg & Drakensberg Gardens First release of 6 development stands with 24 building opportunities | Average Stand Extent: ± 2 452 m² | Combined Stand Extent: ± 14 712 m² SMALL HOLDING ON THE NORTH COAST Portion 8 of the Farm Lot 82 No. 1573, Tongaat Extent: 10.1172 Ha | ± 2 Km of the R614 Main Road | ± 8 Km from Tongaat CBD | Situated close to the Tongati River | Good quality shale within the property MULTI-USE COLDROOM FACILITY 35 Fettes Road, North End, Gqeberha (Port Elizabeth) Extent: ± 718 m² | GLA: ± 510 m² | ± 200 m² Offices/ storage | ±170 m² Warehouse | ±140 m² Cold room facility DURBAN BOUTIQUE HOTEL 25-27 Bond Street, Mount Moreland, Durban Two separate erven with combined extent: ± 8 094 m² | 13 Large executive ensuite bedrooms | Industrial kitchen, dining area, bar | Indoor, outdoor, and kiddies swimming pools, and entertainment areas | Conference room, rooftop entertainment area WELL LOCATED OFFICE IN BROADWAY PRECINCT 14 Ennisdale Road, Durban North Extent: ± 1 019 m2 | Commercial office | Ample parking | Well located | Near Kensington Square BEAUTIFUL ESTABLISHED MOUNTAINOUS HOTEL AND RESORT Katberg, Eastern Cape Extent: ± 86 143 m² | Hotel with 58 rooms (33 currently in use) with en-suites Well-equipped entertainment area Restaurant has ample seating capacity for a large number of people | Corporate events facilities 5 BEDROOM HOME WITHIN SECURE ESTATE IN HILLCREST Section 15 (Door 113) Kirtlington Park Three, 33 Surprise Ridge Road, Hillcrest Extent: ± 518 m² | 5 Bedrooms | 5 Bathrooms | Fully fitted kitchen | Study Swimming pool | Double garage | 24 Hour security AAA GRADE OFFICES IN PIETERMARITZBURG Section 16 SS Town Bush Office Park, Cascades, Pietermaritzburg Secure office park | 4 Separate offices | 2 Secure parking bays & 3 undercover bays | Close proximity to Cascades Shopping Centre INDUSTRIAL PROPERTY WITH SECTIONALISATION OPPORTUNITY 13 Hagart Road, Pinetown Extent: ± 4 245 m² GBA: ± 1 600 m² | Versatile industrial property Multiple income-generating units High potential ROI | Sectionalisation opportunity available UPMARKET MIXED-USE PROPERTY WITHIN MITCHELL PARK NODE 15 Lumsden Crescent, Morningside Site Extent: ± 2 540 m² | GBA: ± 540 m² | One of last remining residential sites with Special Consent in final stages of approval for commercial use | Potential to be sub-divided | Vacant occupation MINI FACTORY IN UMBILO INDUSTRIAL Section 1 SS Alpha Park, 69 Alpha Crescent, Umbilo Industrial, Durban Estate Late: Neville Leslie Green Master’s Reference No: 002168/2021 Extent: ± 103 m² | Mezzanine level | Ablution facilities | Roller shutter door | Access directly of Alpha Crescent HIGHLY VERSATILE INVESTMENT PROPERTY 9 Wynne Street, Southernwood, East London, Eastern Cape Extent: ± 709 m² | GLA: ± 330 m² | Vacant occupation MARKMAN INDUSTRIAL INVESTMENT Grahamstown Road, Markman Industrial, Gqeberha (Port Elizabeth) Extent: ± 6,7245 Ha Zoning: Industrial | Multi-tenanted Gross Annual Income: ± R1.4 Million HIGHLY VISIBLE WAREHOUSE 6 Magnolia Street, Braelyn Industrial, East London Extent: ± 1 721 m² | GLA: ± 2 200 m² (750m² let / 1450m² vacant) | Income: ± R62 495 ± R36 000 ending 31 March 2023) | Partially tenanted 16 TWO BEDROOM APARTMENTS IN ISIPINGO 16 Khan Lane, Isipingo Rail Site Extent: ± 2 250 m² | GLA: ± 945 m² | Repainted, refurbished apartments | Gross Annual Income: ± R766K Additional development land | Ample on-site parking | Positioned ± 3km from Mangosuthu University – Umlazi Campus RETAIL & ACCOMMODATION BLOCK 105 Dr Pixley Kaseme (West) Street, Durban CBD GBA: ± 4 500 m² | Retail Shops & 65 Rooms – Can accommodate 120 people | Potential to increase accommodation | Projected Annual Income: ± R 5.3 Million | Ramp access to first floor with secure undercover parking for approximately 12 vehicles SEA VIEW APARTMENT MORNINGSIDE Flat 51 Bowhill Lodge, 16 Gordon Road, Windermere Estate Late: Joyce Dorothy Mitchell Master’s Reference No: 013986/2022 2 Bedrooms | 2 Bathrooms | 1 Garage | Sold with vacant occupation | Communal swimming pool & braai area DURNACOL GOLF COURSE ± 6.3km off the N11 towards Durnacol, Dannhauser, KwaZulu-Natal Total Extent: ± 51 Ha | 3 Adjoining portions | Currently comprised of vacant land | Easy access off the N11 between Dundee and Newcastle 2 X NEWLY RENOVATED STANDALONE OFFICES Sections 1 & 2 SS Hurst House, 20-22 Hurst Grove, Musgrave Extent Section 1 : ± 277 m² & Section 2: ± 214 m² | Brand new, never been occupied | Near Musgrave Centre & Musjidus Salaam | 16 Parking bays ± 5 HA UMLAAS ROAD DEVELOPMENT PROPERTY D234 The Somerfords, Camperdown Close proximity to N3 | Part of Development Corridor | ± 50,580 m² Level land | Spacious farmhouse | Unlocked from agriculture | Huge upside LARGE INDUSTRIAL PROPERTY 2 Chilley Street, Richmond Combined Extent: ± 1.75 Ha | Large industrial property with improvements | Large yard areas | Ideal for trucks or manufacturing | Currently operated as a sawmill | Versatile property offering Easily accessible A-GRADE OFFICE BLOCK WITH BLUE CHIP TENANT 18 Skeen Boulevard, Bedfordview, Gauteng Site Extent: ± 3 799 m² | GLA: ± 3 850 m² | Gross Annual Income: ± R 6.5 Million (excluding recoveries) | Blue Chip Anchor Tenant – Lease Expiry 2026 | 149 Parking bays | 4 Storey modern, upmarket office block in Bedfordview Commercial Node LUKE | 071 351 8138 RAINER | 082 321 1135 TOM | 083 636 7800 MUHAMMAD | 079 458 4256 BRAD | 073 757 9533 TOM | 083 636 7800 LUKE | 071 351 8138 IN2ASSETS | 0861 444 769 MUHAMMAD | 079 458 4256 MEL | 082 976 5507 LUKE | 071 351 8138 VIREND | 071 383 1735 MUHAMMAD | 079 458 4256 IN2ASSETS | 0861 444 769 BRAD | 073 757 9533 IN2ASSETS | 0861 444 769 VIREND | 071 383 1735 VIREND | 071 383 1735 MUHAMMAD | 079 458 4256 TOM | 083 636 7800 LUKE | 071 351 8138 ALAN | 082 445 5048 LUKE | 071 351 8138 IN2ASSETS | 0861 444 769 DECEASED ESTATE BANK INSTRUCTION DECEASED ESTATE
AGENTS’ DIRECTORY
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
DE PLATTEKLOOF
Cape Town 060 960 0100
Email: live@deplattekloof.co.za
www.deplattekloof.co.za
IRENE PORTER PROPERTIES
Simon’s Town Office 021 786 3947
Debbie 073 140 2543
www.ireneporterproperties.co.za
DOGON GROUP PROPERTIES
Southern Suburbs, Claremont Office 021 671 0258
southernsuburbs@dogongroup.com
www.dogongroup.com
PETER MASKELL AUCTIONEERS
KZN
Office: 033 397 1190
Email: info@maskell.co.za
www.bidlive.maskell.co.za
MURAMBI HOUSE
Wynberg Office
murambihouse@telkomsa.net
www.murambi.co.za
Address:
DOGON GROUP PROPERTIES
Western Seaboard
Office: 021 556 5600 or 021 433 2580
enquiries@dogongroup.com www.dogongroup.com
VAN’S AUCTIONEERS
Gauteng Office 086 111 8267
www.vansauctions.co.za
www.iolproperty.co.za
WIDENHAM RETIREMENT
VILLAGE South Coast, KZN 066 306 0669 / 066 306 0612
www.hibiscusrv.co.za
www.widenhamretirementvillage.co.za
14 31 MARCH 2023
PROPERTY 360
House We have a dedicated care of our people WE OFFER THE • Private Rooms • Frail Care Centre • Alzheimers & Dementia • Fully equipped • 24 Hour Professional Three fully prepared Laundry, Daily Activities as arranged Tuckshop available Landscape Garden • Water feature All our facilities NEW easily
Murambi
Cnr Langley Road & Wellington Avenue, Wynberg,
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