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FINANCIAL PRESSURE LEADING TO MORE HOME SALES
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PICTURE: ALENA DARMEL / PEXELS
PROPERTY
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THE former Durban couple are thriving while living the van life in South Africa. PICTURE: INSTAGRAM/@YETI.THE.VAN
Van life is possible – and safe – in beautiful SA
Michael and Acacia Monk moved out of their Durban apartment just over a year ago and hit the road in search of adventure and the nomad life. BY BONNY FOURIE bronwyn.fourie@inl.co.za
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HEY packed only what they needed, which included a simple camping set, and travelled across the country for eight months. “Those were some of the craziest adventures,” they say in a joint response. “We found ourselves camping in snow, gale-force winds or days of rain which we were not equipped for. We found it tricky to keep up with work under these conditions.” The couple have always had the desire to purchase a van to fulfil their lifestyle as digital nomads, and when they had finally saved enough money, they bought an empty cargo van and spent two months converting it. This included everything from installing windows to woodwork – all without either knowledge or experience. The van, named Yeti, even has its own Instagram page – that is how proud the couple are of their abode and life. “Our van has all the comforts
of home with electricity, running water, a full-size double bed, a kitchen and work station. This allows us the comfort to sustain life on the road full time. We have been in the van for about five months and don’t plan on stopping any time soon.” The roads they’ve travelled The Monks have travelled through the Western Cape, the Eastern Cape and KwaZulu-Natal. A highlight was the Cederberg where they spent a month in convoy with other van-lifer friends. “The campsites are remote yet still accessible with our 2x4. The area has epic hiking trails, climbing/bouldering sites, caves to explore, ancient paintings, and West Coast beach camping. “We road-tripped Route 62, stopping at all the highlights and some of our favourite camp sites,” they say. In the Eastern Cape, the couple road-tripped around the border, searching for quirky, off-the-beaten-
track Airbnbs. The Transkei is one of their favourite places and they have camped at more than 15 sites on the Garden Route. “We love the coastal towns, the nature reserves, the beaches, and surfing opportunities around every corner.” In KZN, their journey has taken them to the South Coast, Midlands, Underberg and the Drakensberg, where they found themselves camping in snow the day before diving in Sodwana Bay. “We often find ourselves offroad on gravel. Without a 4x4, this can sometimes be stressful. But we have never had any issues with the van. Our van looks pretty simple from the exterior to draw less attention when driving through towns, and we always close our curtains.” How safe is van life in SA? Many South Africans say that they would love to live a van life, travelling our beautiful country, but believe that it is not safe for them
to do so. Overseas, the lifestyle is possible, but not here, they say. How safe have Michael and Acacia been? “Sometimes when it rains, our van doesn’t lock but we have not had any issues. We always book into campsites, most of which have security. Often, we are the only campers in very remote locations, and in such cases we feel very safe. “If we feel uncomfortable at a camp, we make sure to lock up before dark and, generally, leave the next morning.” The couple do not believe that van life in South Africa is difficult or even impossible for safety and security reasons, but more due to the fact that wild camping – parking anywhere outside a campsite – is illegal. They, therefore, always book at campsites while many van lifers overseas have access to more land and can camp for free. “Van life is as possible in South Africa as it is overseas, it’s just different. Here, we book into campsites that have security, ablutions and, sometimes, laundry facilities. Campsites are generally located in the best places, such as on beachfronts or around dams that offer incredible mountain views.” They find campsites on their routes using the app IOverlander or by searching on Google. They also do not plan too far in advance. “We love the flexibility of being able to stay somewhere longer if we are enjoying it and often find ourselves phoning campsites while driving to them. “However, research is often done well in advance, so we have a rough idea of where we are going.” What inspirational words can they share for wannabe van lifers? “Van life is a very rewarding lifestyle. It teaches you to live slowly and simply. You will realise how little you actually need to be happy,” they say. “In our case, we feel safer in campsites out in the middle of nowhere, or even alongside double-storey houses, than we did in our flat in Durban, with alarms constantly going off, dogs barking,
and loud cars driving past 24/7, all of which cause cloudy heads. “Van life allows you to get outdoors and enjoy nature as well as the people around you. South Africa is one of the most beautiful countries with so much diversity; you need to get out and start to experience it.” Regrets and rewards The Monks’ only regret is that they did not start living the lifestyle much sooner. Oh, and Michael would personally love an oven in the next van-build. Among the many rewards is that they have realised the immense beauty South Africa has to offer. “We have driven 60 000km experiencing all that our home country has to offer. We are blessed to be South African. “So many people travel overseas, and my biggest advice is to give South Africa a go; we have fallen in love. Van life has taught us to be minimalistic – we own only what we need and really value, and this gives all our belongings a meaning and a home. Challenges Since the couple work while on the road, signal is often a challenge to overcome. Many remote campsites have no signal, and even in those where wi-fi is available, it is generally not strong enough for their YouTube video uploads or client work. A comment on one of their YouTube videos stated that the lifestyle was only for the wealthy, particularly considering the rising cost of fuel. Michael responded: “Definitely disagree with this. We are far from wealthy and we work for ourselves. We spend the same amount of money living in our van as we did living in the city. “There is always a way, you’ve just got to do it. Yes, gas has become expensive lately but we just adapt to it as you do. We probably drive less than you actually as we travel slowly and explore small areas well.”
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As interest rates and inflation increase, more people are selling their properties. PICTURE: KINDEL MEDIA/PEXELS
More and more homeowners are being forced to sell In the first three months of this year, 20% of home sales were a result of financial pressure BY BONNY FOURIE bronwyn.fourie@inl.co.za
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OWNSCALING due to life age has traditionally been the most common reason for property sales, and even though it continues to lead the selling market, the latest FNB Property Barometer shows that it accounted for 22% of sales in Q1 – only 2% more than those in the “downscaling due to financial pressure” category. By comparison, in February this year, 18% of sellers were giving up their homes due to financial stress. The pressure is most evident among homeowners with property values less than R750 000, with 34% of sales being due to downscaling as a result of financial pressure. This reason accounts for 18% of sales in the R750 000 to R2.6 million category; 8% in the R2.6m to R2.6m category; and 14% in the FIND US HERE: @iolproperty @iolproperty @iolproperty.co.za
above-R3.6m segment. As interest rates continue to rise, more property owners might seek to sell their homes. Even homeowners with fully paid-up homes are finding themselves needing to sell, particularly if they are elderly. A Durban couple in their 70s, who have owned their property for 32 years, recently made the heartbreaking decision to let it go, simply because they could not keep up with the maintenance costs. As a large family home with extensive garden space, the property became expensive to maintain. As they had fallen behind on maintenance due to affordability struggles, they decided the best thing to do was to sell it and buy a life rights property more suited to retirement.
“Our home was in a good area and its land space was vast, but due to the condition of the property – which was not bad but did need work – we had to sell it for far less than we would have got had it been in good condition. “We could no longer afford to pay for the upkeep, so we knew the longer we held on to it, the more the house would deteriorate,” the husband says. “Everything has just become so expensive. We have to pay for medical aid, our insurance, food, and other living costs, and our pension is not covering all of that. “It has been a growing struggle for years and we feel terrible that we could not maintain our home like we wanted to.” As more homeowners find themselves in this position, particularly with the rising costs
of living, buyers should be sure to properly inspect any home they are considering purchasing, says Alan Rubin, the head of ooba Home Loans. He advises homebuyers to clearly understand the risks of purchasing a home that has latent defects – those that cannot be seen after reasonable inspection and can also be unknown to the seller – and protect themselves accordingly. “It’s so easy to get swept up in the excitement of making an offer to purchase (OTP) that you fail to observe pertinent issues around the home. Examples of latent defects can include leaking roofs, faulty geysers, and damp issues where you can’t see the issue on inspection.” Rubin adds that taking transfer of a home that has latent defects happens often among homebuyers who haven’t thoroughly inspected the home before purchase. “Some potential buyers might feel too uncomfortable to conduct a thorough investigation before signing an OTP or haven’t been
warned about looking into latent defects prior to purchasing a home… An offer to purchase is legally binding and a home is sold ‘voetstoots’.” “Voetstoots” means any defects with the home’s structure, visible (patent) or not (latent) defects are the buyer’s problem – not the seller’s, unless the seller covered them up. “’Voetstoots’ protects the seller, except in cases where the seller hides or chooses not to disclose defects in a disclosure form before the sale.” Fortunately, Rubin says, Section 67 of the new Property Practitioner Act 22 states that an estate agent can accept the mandate of a sale only if the seller or lessor of the property has completed and signed a mandatory disclosure form. The form gives the seller the opportunity to disclose any defects or issues with the property that they know about. However, it is important to remember that this is focused on what the seller knows and not what the facts are. “The two can be different.”
DISCLAIMER: The publisher and editor of this magazine give no warranties, guarantees or assurances and make no representations regarding any goods or services advertised within this edition. Copyright ANA Publishing. All rights reserved. No portion of this publication may be reproduced in any form without prior written consent from ANA Publishing. The publishers are not responsible for any unsolicited material. Publisher Vasantha Angamuthu vasantha@africannewsagency.com Executive editor Vivian Warby vivian.warby@inl.co.za Features Writer Bonny Fourie bronwyn.fourie@inl.co.za Design Kim Stone kim.stone@inl.co.za
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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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KLOOF / PADFIELD PARK LIVE THE LIFE YOU'VE IMAGINED
FROM R1 550 000 NO TRANSFER DUTY
JUST LAUNCHED OVER
50% SOLD
NEWLY BUILT 2 & 3 BED SECTIONAL TITLE HOMES KZN's Premier Over 50s Lifestyle Estate With over 50% of the estate now sold out, Greenhaven Estate recently launched 63 new sectional title opportunities in two new development phases. Available in six different size and layout design options, these spacious two and three-bedroom single-level units, feature contemporary country-style architecture, and a selection of modern finishes. From 24-hour security, natural wetlands, a Care Centre with assisted living facilities, and a clubhouse with a resort swimming pool, bowling green, gym, bar, and restaurant - Greenhaven Estate offers you a secure leisure lifestyle with everything you could ever possibly need right on your doorstep.
LEISURE LIFESTYLE ESTATE FOR OVER 50s
BOOK AN ESTATE TOUR / CALL 079 046 1441 / GREENHAVENESTATE.CO.ZA
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Look no further than The Avenue Retirement Hotel 0 5
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Hotel Style Living – Life Right Purchase or to Rent.
RHONDA RAAD PROPERTIES We specialise in the Sales and Rentals of residential property in the Southern Suburbs and Surrounds. Contact us today for all your Buying, Selling and Rental needs on 082 448 7795 / 021 685 2212.
CONTACT US NOW: 082 448 7795
CAVENDISH HEIGHTS R2,1MILLION MILLION RONDEBOSCH WHITEHALL COURT R1,35MILLION MILLION RONDEBOSCH R1, WOODSTOCK UPPERR1,95 R2,1 5MILLION NEG. RONDEBOSCH MILLION RONDEBOSCH R 1,15 RONDEBOSCH MILLION RONDEBOSCH RR5,3 2,15MILLION MILLION RONDEBOSCH R4,995 ON SHOW Sunday 2 – 5 pm Cathay View, 12 Devonshire Hill Road, Rondebosch
ON SHOW SUNDAY 2-5PM
*Park Mansions, 80 Campground Road
Small Spacious SecuritySecurity ComplexComplex. EcklenbergTwo in pretty garden
Delightful North-Facing Three Bedroomed, Two Bedroomed Apartment with lounge setting. Spacious Three Bedroomed Apartment 2 Bathroomed Apartment (126m ) with Lounge leading to large Balcony. Fitted Kitchen (200m²) with Stunning Mountain Views. *Kitchen, && Dining Room. Kitchen. *Garage. Walk Full Bathroom. *Parking Bay. Dining Room, SunFitted Room, Two Full Bathrooms, to Rondebosch Boys Prep & High Schools and Close to Dean Street Shops, Restaurant TV Lounge & Laundry Room. *Tandem Garage. Groote Schuur Primary! and Jammie Shuttle Stop. *Close to Shops & Transport.
ON SHOW SUNDAY 2-5PM
ON SHOW SUNDAY 2-5PM
*Roslyn Gardens, 6 Roslyn Road. Small Security Complex above the Main Charming TwoBachelor Bedroomed Apartment Pied-à-terre Apartment in (95m²) Small Road.Fitted LargeKitchen modernised Bachelor with open to Dining Room / Security Complex with Lift and Lovely Views! converted to One Bedroomed Apartment Lounge and Balcony with views. FullCupboards. Bathroom Open plan Living Room with Built-in (46m²) with Kitchenette, Built-in Cupboards and Sep Toilet. **Covered Parking Bay. **Walk Fitted Kitchen and Bathroom with Shower. *Plus andKingsbury Balcony. Shower Bathroom. Walk to to Hospital, Library,Shops, Restaurants, Garage. **Walk to Rondebosch Doctors UCT, Jammie Shuttle, Shops & Transport. Jammie Shuttle, Shopsand andTransport. Transport! Rooms, Baxter Theatre
*Woodlands, 5 Highstead Road, Rondebosch.
Spacious North-Facing Spacious Three Bedroomed Apartment Spacious North-Facing TwoBedroomed Bedroomed 24HR Security Complex inTwo Prime Position. Two Apartment with Lounge and Balcony with (123m²) above the Main Road in pretty Apartment withBathroomed Lounge and Balcony with Bedroomed, Two Apartment (92m²) Mountain Views.Bathroom Bathroom with Shower Mountain Views. with Shower garden Fitted Kitchen and with Two setting. Balconies & Superb Views! Fitted over Bath. Bath. Fitted Kitchen. *Garage. *Walk Bathroom. *Parking Bay. Walk UCT, over Kitchen. *Garage. *Walk Kitchen openFitted plan to Dining Room andtoLounge. to Shopping Shopping Centres, Restaurants, UCT Jammie Shuttle, Main Road Shops & to Centres, Restaurants, UCT Two Shower Bathrooms. **Two Parking Bays. and Transport. Transport. Transport. **Close to all Amenities and City Centre. and
Security Complex above Ecklenberg in Large pretty Security Main Road. Large OneComplex Bedroomed pied-à-terre Apartment garden setting. and Spacious Three(127m²) with Balcony & Bedroomed Stunning Three Lounge Bedroomed Apartment Apartment (200m²) with Stunning Mountain Mountain Views. 24HR Security Shareblock with mountain views. Fitted Kitchen and Views.*Kitchen, Room, Sun Room, Two Complex. FittedDining Kitchen. Shower Bathroom. Lounge with Balcony. *Plus Garage. *Close Full Bathrooms, TV Lounge & Laundry Room. **Garage. **Catering & Cleaning Services. to UCT,toSchools, ShopsTheatre Transport. *Tandem Garage. *Close toand Shops & Transport. **Walk Shops, Baxter and Library!
CONTACT: RHONDA C: 448 082 7795 448 7795 0212212 685 2212 E: rrpsales@mweb.co.za / www.rhondaraadproperties.co.za CONTACT: RHONDA C: 082 T: 021T:685 E: RRPSALES@MWEB.CO.ZA / WWW.RHONDARAADPROPERTIES.CO.ZA Managed By
Developed By
SHOW UNITS NOW AVAILABLE TO VIEW Managed By
Developed By
Wytham Estate offers an assortment of exclusive facilities for residents • Enjoy the Highwick House clubhouse, restaurant, coffee shop, cinema, library, gym and wellness center. • 24hr security • Secure parking • Limited selection of garden apartments remain • Home based care available and full-time care staff on-site • Solar power and backup to essential home systems. Back up generator for lifts and communal essential lighting.
RETIREMENT DEVELOPMENT IN KENILWORTH
• Communal library • Cabling connection points for electric cars have been thought of and would be available in the future on request. Only 30 apartments remain, for anyone over 65 Levies from R11 750 including meals City Council Municipal Rates from R950 depending on property size
CALL FOR A SITE TOUR AND A MEETING FOR FURTHER INFORMATION ABOUT THIS MAGNIFICENT ESTATE
+27 63 707 2886
sales@wytham.estate
www.wytham.estate
Wytham Avenue, Kenilworth, Cape Town
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H I G G OVA L E - R 4 3 MIL L IO N E XC I T I N G N E W R E L E A S E
Web Ref: RL12264
TR OP HY MANS I ON ON THE S LOP ES OF TABLE MOU N TAI N
Grand is the word we are going to use to describe this one-of-a-kind 7 bedroom family home. After entering through the double volume front door is a double arching staircase that sets the tone for this luxurious property. On the ground floor you have the ideal entertainer’s aspect with a Chefs kitchen, bar, dining, and a lounge with a fireplace. This all leads out onto a manicured garden with patio and an extra-large pool. Ample parking and garaging for a collector of luxury cars
KEITH ANDERSON 083 540 5033
HEAD OFFICE 021 433 2580
TA R R AG O N A - H O U T B AY - R 13. 8 MIL L IO N E XC I T I N G N E W R E L E A S E
EXCLUSIVE
Web Ref: RL12259
TAR R AG ONA G EM OFFER I NG COUNTLESS OP P ORT U N I T I E S
This incredible property is new to the market and must be viewed to be fully appreciated. An exceptionally versatile 6 bedroom home for families, the entertainer and those wishing to earn an extra income or a work from home space Set in secure Tarragona, which has one exit and entrance road and manned by 24 hour security operating the boom gate and camera systems. Really a must see property
MEGAN MCLACHLAN 071 266 6655
SOUTHERN SUBURBS 021 671 0258
d o g o n g r o u p . c o m A visionary company with decades of experience
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WOOD STOCK - R 3.295 M I L L I O N
V EL DDR I F - R 7. 85 MIL L IO N
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O RAN JE Z IC HT - R 9.75 MI LLI ON
NNE EWWRRE EL LE EAASSE E
NEW RELEASE
Web Ref: RL12260
Web Ref: RL12258
P E R FE C T F O R E N TE RTAIN IN G
Web Ref: RL12261
LUXURY ON THE WATER S I DE I N P OR T O WE N
Corner 2 bedroom, 2 bathroom apartment with classy interiors leading to deep covered terrace. Stunning harbour and mountain views plus 2 parking bays
This magnificent family home situated on Admiral Island, a prestigious security estate in Port Owen is the entertainer’s dream, offering relaxed living & a true wow factor
DUNE TANCREL 084 358 4910
MEGAN MCLACHLAN 071 266 6655
G REEN P OINT - R 4 .9 9 M I L L I O N
C A M PS B AY - R 18 .95 MIL L IO N
NEW RELEASE
NEW RELEASE
Web Ref: RL12262
CALLING ALL RENOVATORS
This 6 bedroom home has beautiful Oregon pine flooring throughout the property Set on a large plot of 800m2 with a decent sized garden. Call today to view
KEITH 083 540 5033
VAL L E Y ARE A - R 12.5 MI LLI ON NEW RELEASE
Web Ref: RL12265
Web Ref: RL11943
LUXURY 2 BED APARTMENT
DUNE 084 358 4910
MAG NI FI CENT HOME CLOS E TO THE BEAC H
EQUESTRIAN PARADISE
The apartment is well proportioned and is designed with top of the range modern fixtures and fittings throughout. Excellent security, pet friendly plus 2 parking bays
This magnificent 4 bedroom Plantation style home welcomes you to effortless living Offering generous light & height with great proportions and mountain views
Nestled in the Valley with mountains on all sides you’ll find this lovely equestrian home alongside the Disa River. Off-street parking, good security & incredible views
SERRYN PRYTZ 082 770 7680
ANDI ASHTON 062 664 0296
MEGAN MCLACHAN 071 266 6655
BARONE TCY E STAT E - R 8 M I L L I O N
SEA POINT - R5.5 MILLION
BIS HO PS C O URT - R 10.9 MI LLI ON
NEW RELEASE
NEW RELEASE
Web Ref: RL12267
NEW RELEASE
Web Ref: RL12269
Web Ref: RL9800
P RIME LO CATIO N
Perched high & far above it all is over 2000m2 of opportunity for the building of one’s dream home or an investment. A rare opportunity to acquire this fine plot
NADIA 061 256 0020
SEAN 079 925 3822
CL ASSIC ELEGANCE PERFEC TLY LOCATED
Come and view this West facing immaculate apartment perfectly located close to the Beachfront and Promenade, flooded with warmth and light
ELEVATED PLOT IN BISHOPSCOURT
Rarely found in Bishopscourt is this elevated 4055m2 plot with beautiful mountain views. Build your own home and enjoy all that this plot has to offer
ALEXA 082 349 7799
ALISON ROBB 082 956 9506
BERNICE 072 942 0548
CH O I C E S E LE C T I O N O F C A P E T O W N ’S D EVELOP MENTS LU XI A R AV I N E
CHAS BO OT H
BANTRY BAY - R 39 M I L L I O N
Web Ref: RL12223
TO KAI - R 28 MI LLI O N
Web Ref: RL12181
ELEVATED BEYOND DESIGN
Surrounded by sounds, colours, & scents of coastal intrigue, experience bursts of energy & glamour. 3 Beds, 5 baths, garaging & parking. VAT Incl. - No Transfer Duty
DENISE 082 449 6608
STE E NBE R G GR E E N
C A M PS B AY - R 7, 5 84 , 25 0
ADRIEN 083 455 5661
Web Ref: RL8983
UNOBSTRUC TED HARMONY
PIONEERING INDULGENCE
Window walls and voluminous glass define this ultra-modern new development on Chas Booth Avenue in Camps Bay. VAT Incl. - No Transfer Duty
PAUL UPTON 071 610 8088
At Steenberg Green your home isn’t built in nature, it’s built of nature and it belongs to it. Don’t hesitate... Call today. VAT Incl. - No Transfer Duty
ALEXA 082 349 7799
Rentals 021 433 2580 A visionary company with decades of experience
PAUL UPTON 071 610 8088
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URGENT TENDERS ARE INVITED
Duly instructed by the attorney in the matter between KZN Growth Fund vs HBM-SA Health Protection (Pty) Ltd
Closing date 31 August 2022 @ 12noon
INVESTMENT OPPORTUNITY
URGENT TENDERS ARE INVITED FOR THE PURCHASE OF NEW FULLY AUTOMATED CONDOM MANUFACTURING PLANT INCLUDING LATEX PROCESSING EQUIPMENT - DIPPING LINES VULCANISING EQUIPMENT - TESTING EQUIPMENT - PACKING EQUIPMENT - LABORATORY EQUIPMENT LATEX PROCESSING EQUIPMENT: Vulcanizing Tanks, sanding machines, tanks, centrifuge, screens, compressors etc. - DIPPING EQUIPMENT: 2 Dipping lines incl. latex tanks and drying equipment VULCANIZING EQUIPMENT: 5 Vulcanizing machines - PACKING EQUIPMENT: Square foiling machines, three row square foiling machine, 2 X flow wrap machines - ASSORTED EQUIPMENT: Dust extraction equipment and environmental control equipment. FOR A COMPREHENSIVE LISTING AND TENDER DOCUMENTS CONTACT SEONE ON 0828090188 ,033-3971190 OR seone@maskell.co.za TENDERS ARE TO BE DELIVERED IN A SEALED ENVELOPE TO “J V HART, UNIT 1, BUILDINGC, 460 TOWNBUSH AT CASCADES, MONTROSE, PIETERMARITZBURG MARKED “HBM– TENDER DOCUMENT”
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17 PROPERTIES ON AUCTION - 23 AUGUST 2022 DUBE TRADEPORT AGRIHOUSE
KING SHAKA INTERNATIONAL AIRPORT
R102
TOM | 083 636 7800
LUKE | 071 351 8138
± 902 HA SUGARCANE FARM On either side of the N2 at the Tugela Bridge, Northern Bank, North Coast, KwaZulu-Natal Total Extent: ± 902 Ha | ± 780 Ha Sugarcane | ± 60 Ha Fallow land | ± 60 Ha Timber | 11 Adjoining portions | Excellent exposure to the N2 highway
OPENING BID R1 MILLION
REET
E) ST
(PIN KER
AIC
TY N
MON
DEVELOPMENT SITE AT THE ENTRANCE TO KING SHAKA INTERNATIONAL AIRPORT 250 Old Main Road, Dube Tradeport, La Mercy Extent: ± 4.7 Ha | High exposure development site | Strategic position near Dube Tradeport | Fronting onto the R102
DR
LUKE | 071 351 8138
RETAIL CENTRE WITH NATIONAL TENANTS 48B High Street, Oudtshoorn Extent: ± 6 476 m² | GLA: ± 2 797.7 m² | Fully let retail centre | Current Gross Annual Income: ± R3.6 Million | Tenants: Standard Bank, Absa, Wimpy & Midas
MUHAMMAD | 079 458 4256
INVESTMENT OPPORTUNITY WITH DEVELOPMENT POTENTIAL 36 Dr Mangosuthu Buthelezi Drive (Corner of Kangela Street & Dr Mangosuthu Buthelezi Drive), Eshowe Extent: ± 4 047 m² | Gross Annual Income (Including Recoveries): R336 K | Tenancies: 3 Years remaining on lease | ± 200m from Eshowe Mall
P
EY IXL
E
EM
KAS
T
REE
) ST
ST (WE
VIREND | 071 383 1735
IDEAL RESIDENTIAL CONVERSION 332-340 Dr Pixley Kaseme (West) Street, Durban CBD GLA (Basement, Ground floor & 10 Floors) ± 4 800 m² | Total Gross Annual Income: ± R7.6 Million | Nedbank – Triple Net Lease – Expiring February 2024 Head Lease for Upper floors – Expiring September 2023
VIREND | 071 383 1735
± 1 350 M² COMMERCIAL RE-DEVELOPMENT OPPORTUNITY 49 Glenugie Road, Manors, Pinetown Zoned: Limited Commercial | Vacant Occupation | Corner Site with two road frontages | High Exposure | Ideal for fast food outlet, showroom, retail | Proposed plans for high rise warehouse & storage
VIREND | 071 383 1735
UPMARKET RETIREMENT UNIT IN SIBAYA PRECINCT Section 226 SS Shoreline Sibaya (Door 429 Ocean Square), 46 Heleza Boulevard, Sibaya Precinct Unit Extent: ± 83 m² | 2 Bedroom, bathroom, open plan kitchen, dining room and lounge | 2 Parking bays | Sold vacant occupation
MUHAMMAD | 079 458 4256
FRONT LINE COMMERCIAL PROPERTY IN BUSY NODE 141 Che Guevara (Moore) Road, Bulwer, Durban Combined Extent: ± 1 409 m² | Excellent retail opportunity | Prime corner site | ± 800 m from N3 | On-site parking | ± 19 Parking bays | High levels of vehicular and pedastrian traffic
COSMO CITY
VIREND | 071 383 1735
BLOCK OF FLATS – INVESTMENT OPPORTUNITY Units 1-36 SS Penway, 27 Magwaza Maphalala (Gale) Street, Berea 32 Residential Bachelor apartments (range from 31m² to 35m²) | Ground (± 320 m²) and First floor (± 330 m²) (Retail/Factories/Offices) | Double Storey Workshop/Factory Component (± 260 m²) | Gross Annual Income: ± R1.3 M
ROSS | 082 923 9277
RURAL RETAIL DEVELOPMENT SITE Corner of Marina Street & South Africa Drive, Cosmo City, Johannesburg Extent: ± 5,71 Ha | Rural Development Land | Fuel station, retail & residential opportunity | High exposure corner site | Brilliant position
ROSS | 082 923 9277
MULTI-LEVEL INDUSTRIAL PROPERTY WITH GOOD ACCESS 48 Ophir Road, Ophirton, Johannesburg Extent: ± 6 761 m² | GLA: ± 6 243 m² | Multi-level Industrial | Upside on a redevelopment | High demand rental area | Good exposure
OPENING BID R3 MILLION
LUKE | 071 351 8138
DEVELOPMENT INDUSTRIAL LAND BORDERING N2 Erf 3723 (Jack Smith Road) Ballitoville Extent: ± 13 621 m² | High visibility to N2 | Development land | uitable for trucks
MUHAMMAD | 079 458 4256
PRIME COMMERCIAL & INDUSTRIAL REDEVELOPMENT OPPORTUNITY 9 Posselt Road, New Germany Extent: ± 2 007 m² | 150 m from Rodger Sishi Intersection | Exposure to high levels of vehicular traffic
LUKE | 071 351 8138
LUKE | 071 351 8138
4 BEDROOM HOUSE WITH 2 FLATLETS 24 Broadwood Drive , Herrwood Park, Umhlanga Extent: ± 1 301 m² | 4 Bedrooms | Swimming Pool & lapa | Double garage and ample secure parking | Brand new kitchen | Well located family home | 2 Income generating flatlets
± 59 HA DEVELOPMENT SITE ON N3 HIGHWAY WITH ± 19 HA CONSERVATION AREA Mpushini Business Park, Lynnfield Park ± 59 Ha Development park known as Mpushini Business Park | Environmental authorization for a mixed use development
DECEASED ESTATE
POWER OF ATTORNEY
ALAN | 082 445 5048
2 BEDROOM APARTMENT Section 2 SS Whispers, 8 St Patricks Road, Scottsville, Pietermaritzburg Extent: ± 86 m² | 2 Bedroom | Bathroom | Single lock up garage | Quiet road near school
TOM | 083 636 7800
FAMILY HOME IN SECURE ESTATE 30 Mountain Rise Road, Phezulu, Hillcrest Extent: ± 2 355 m² | 5 Bedrooms | 3 Bathrooms | TV room | Dining room | 2 Lounges | Study
Auction Date & Time: 23 August 2022 | 11h00 | Auction Venue: Mount Edgecombe Country Club, Gate 2, 1 Golf Course Drive, Mount Edgecombe | Terms: R50 000 refundable registration deposit. Strictly by EFT. FICA Documents are required | Auctioneer: Andrew Miller
CONTACT US FOR MORE INFO: 0861 444 769 info@in2assets.com 063 500 1652 www.in2assets.com
The Rules of Auction & CPA Regulations can be viewed at www.in2assets.com or at Unit 505, 5th Floor, Strauss Daly Place, 41 Richefond Circle, Ridgeside Office Park, Umhlanga Ridge. Bidders must register to bid and provide original proof of identity and residence on registration. The Rules of Auction contain the registration requirements if you intend to bid on behalf of another person or an entity. The above properties are subject to a reserve price and the sale by auction is subject to a right to bid by or on behalf of the owner or auctioneer. In terms of the POPI Act, our contact details have been stated in this document. By responding to such, you hereby opt in for future marketing communication via email, mobile and WhatsApp. Email optout@in2assets.com to be removed from all future communication.
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DOGON GROUP PROPERTIES Atlantic Seaboard Office 021 433 2580 thekings@dogongroup.com www.dogongroup.com
RHONDA RAAD PROPERTIES Cape Town Office 082 448 7795 Email: rrpsales@mweb.co.za www.rhondaraadproperties.co.za
SHELLEY RESIDENTIAL KZN Office 082 412 4463 Email: hello@shelley.co.za www.shelley.co.za
DOGON GROUP RENTALS Sea Point Office 021 433 2580 enquiries@dogongroup.com www.dogongroup.com
THE WOODLAND Umhlanga Office 081 281 3960 Email: info@woodland.co.za www.woodland.co.za
SCHONENBERG RETIREMENT VILLAGE Cape Town Office 021 852 0821 www.srvillage.co.za
DOGON GROUP PROPERTIES Southern Suburbs, Claremont Office 021 671 0258 www.dogongroup.com
PETER MASKELL AUCTIONEERS KZN Office: 033 397 1190 Email: info@maskell.co.za www.bidlive.maskell.co.za
EDEN PARK RETIREMENT VILLAGE Kuils River Office: 021 903 8555 info@edenp.co.za www.eden-park.co.za
DOGON GROUP PROPERTIES Western Seaboard Office: 021 556 5600 or 021 433 2580 enquiries@dogongroup.com www.dogongroup.com
KNYSNA LIFESTYLE ESTATE Knysna Office: 044 382 2139 janey@kle.co.za janine@kle.co.za www.kle.co.za
WIDENHAM RETIREMENT VILLAGE South Coast, KZN 066 306 0669 / 066 306 0612 www.hibiscusrv.co.za
southernsuburbs@dogongroup.com
www.iolproperty.co.za
www.widenhamretirementvillage.co.za
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