KZN Property Pages - 25 March 2017

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RESIDENTIAL LETTING COMMERCIAL

A BL ACK INC MEDIA PUBLICATION

25 March 2017

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Sa Property Market Volumes To A Staggering R5.8-Trillion

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Believe it or not, the South African property sector is valued at R5.8 trillion, according to the latest Property Sector Charter Council’s (PSCC) report — aimed to determine the size of the country’s property sector. This study, builds on baseline research that measured the size of the property market in SA at a massive R4.9 trillion at the end of 2010. It shows a meaningful increase of nearly R1 trillion in four years. The Council reviewed market size estimation that provides a snapshot of the South African Property Sector using figures from the financial year 2014/2015. The report comes to clarify the parameters of the PSCC whose property charter was gazetted in June 2012. The charter seeks to ensure participation of black people to the tune of 25% of the total value associated with the property industry within the next few years. It reveals the property sector’s size at R5.3 trillion with a further R520 billion land officially zoned for commercial and residential development. Commercial Property carries a value of around R1.3 trillion, up from some R780 billion, with almost R790 billion held by corporates, R300 billion held by REITs, R130 billion by unlisted funds, and R50 billion by life and pension funds. Of this, retail property has the highest value at R534 billion (R340 billion in 2012) followed by office properties at R357 billion (R228 billion) and industrial properties at R281 billion (R187 billion). Hotels and other property accounted for R94 billion in value (R25 billion).

considered informal residential property, although it has no value, which was quantified by the number of households provided by the Department of Human Settlements. Undeveloped urban land zoned for development remained unchanged around R520 billion (1.1% of total land in SA).

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The public sector contributed a total of R237 billion, of which around R102 billion is estimated to be in the hands of the Department of Public Works, R66 billion held by SA’s 19 largest state-owned enterprises, and R69 billion owned by metros and selected local municipalities. The research is part of a larger project by the council, which provides a point of departure against which various transformation charter imperatives can be assessed. CEO of the Property Sector Charter Council, Portia Tau-Sekati says: “For a sector this big and this important it is crucial to have a hub of knowledge that consolidates information to support a common and consistent understanding of the sector.” Tau-Sekati explains that by regularly updating this research the council also creates a measure of the effect of property cycles on the sector’s value, which can be significant. The report was compiled by MSCI for the Property Sector Charter Council (PSCC). It remains the first and only research of its kind in the country. Its significance is far reaching. The study also supplements PSCC's SA Property Sector Economic Impact Report that estimates the property sector’s contribution to GDP at a significant R191.4 billion in 2012 in terms of annual income and expenditure flows generated by the sector and a R46.5 billion contribution to the fiscus.

A key finding of the latest research shows that formal residential property still accounts for nearly three-quarters of property owned in South Africa, and grew from an estimated R3.0 trillion at the end of 2010 to R3.9 trillion. For the first time, it also Source – SA Commercial Prop

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72 25 March 2017

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90 Roberts Road, Clarendon, Pietermaritzburg & Midlands Tel: 033 345 1939

VICTORIA COUNTRY CLUB

R1 350 000 ASHBURTON

PERFECT LOCKUP AND GO LIFESTYLE! A stunning upmarket open plan unit with a large bedroom/ en-suite , balcony with exquisite views and a garage.

LINCOLN MEADE

R820 000 PELHAM

QUIET COMPLEX! A 2 bedroom simplex with open plan lounge/ dining room to a study or a 3rd bedroom, garage and a very big garden for small dogs (permission)

l

Fax: 086 558 7707

R2 600 000 OAKHILL ESTATE

R1 870 000

INVESTMENT OPPORTUNITY! POPULAR COMPLEX! 6 Various units : 1 – 3 bedroom with 2 bathrooms, 2 – 2bedrooms, Offering 3 bedrooms, 2 bathrooms, fitted kitchen/scullery 2- 1 bedrooms and a bedsitter all tiled throughout and fitted with built in cupboards situated on 4061sqm. to double automated garage and private garden.

R780 000 PELHAM

R630 000 BISLEY

SPACE, SPACE & SPACE….

CONVENIENTLY SITUATED! Comfortable 3 bedroom duplex close to various schools, small enclosed garden, open plan lounge dining room and a carport.

Tara Sievwright 084 024 5388 tara@haloprop.co.za

l

2 double size bedrooms, lounge /dining room, enclosed balcony and a garage.

Tina Henman 083 560 0160 tina@haloprop.co.za l

R1 175 000

MUCH LOVED FAMILY HOME! A 4 bedroomed home with 2 bathrooms, double garage, a big pool and a garden of 1 484 sqm.

www.haloprop.co.za 5

CHASE VALLEY HEIGHTS

R1 680 000

LINCOLN MEADE

R1 225 000

- 5PM

30PM

ON SHOW SUNDAY 2.30-5 PM

ON SHOW SUNDAY 2.30-5 PM

A DELIGHTFUL CLINKER HOME

EXCELLENT VALUE, HOME PLUS 2 FLATS

3 Beds / 2 Baths / 2 Garages / Web 2060289. This delightful low maintenance home offers pleasant views. The home offers a lounge with air-conditioning & Jetmaster fireplace opening onto a verandah which overlooks the pool. Also a separate diningroom, a study, air-conditioning in the main bedroom & servants quarters. Top Value! Follow pointers from corner of McCarthy Drive & Chase Valley Road, to Kingsford Place. Bruce Campbell 083 300 0530 | bruce@natalproperty.co.za

HAYFIELDS

R2 050 000

ON SHOW SUNDAY 2.30-5 PM

MONTROSE

R2 950 000

ON SHOW SUNDAY 2.30-5 PM

PRIME HAYFIELDS CHARACTER UPMARKET FAMILY HOME

ELEGANTLY STYLISH!

4 Beds / 2 Baths / 3 Garages / Study / Web 2011090. Look no further! This immaculate home offers entrance hall, formal lounge, large family room, dining room openplan to modern fitted kitchen (U/C oven and hob), four spacious bedrooms, bathroom, plus five star shower en-suite and study. Then we have three lock up garages, staff quarters, plus a lovely pool and entertainment area set in a lovely garden. Follow pointers from the Cleland Rd/Black Burrow Rd Intersection up Cleland Rd to Spearman Rd. Andrew Norton 062 138 1423 | andrew@natalproperty.co.za

4 Beds / 2 Baths / 2 Garages / Web 1896855. A stunning home featuring an impressive entrance hall, a formal lounge, TV lounge & family room, laminated timber floors, a large study, oak fitted kitchen, jacuzzi, large outbuildings & a water feature at the entrance. Highly recommended. Follow pointers from corner of Townbush Rd & Craigie Dr. Jessica Campbell 084 510 0808 | jessica@natalproperty.co.za

MONTROSE

R2 080 000

ON SHOW SUNDAY 2.30-5 PM

BELLEVUE

R1 350 000

MONTROSE

R1 590 000

ON SHOW SUNDAY 2.30-5 PM

QUALITY HOME IN BEAUTIFUL SETTING

FAMILY HOME TO TREASURE

MONTROSE TOWNHOUSE WITH PANORAMIC VIEWS

3 Beds / 2 Baths / 2 Garages / 1 Carport / Web 2049468. Don’t miss this lovely home with 2 studies, TV lounge, diingroom, formal lounge with fireplace, A-grade kitchen, verandah, pool & more. A great position, very secure, automated gates & garage doors. Fully walled, well priced home. An excellent buy. Follow pointers from Town Bush Rd, into Craigie Dr & then into Sir Percy Spender Dr. Koen Gouweloos 082 337 1048 | koen@natalproperty.co.za

3 Beds / 2 Baths / 2 Garages / Pool / Web 2069824. This beautiful home is now for sale. On offer is fitted kitchen, open plan dining room/lounge, TV lounge with doors opening onto undercover patio & pool. Double garage & also a domestic room with shower & toilet. Well worth viewing. Follow pointers from Murray/ Beacon Rds. Marie Duckitt 083 266 3354 | marie@natalproperty.co.za

3 Beds / 2 Baths / 2 Garages / Web 1937659. Set in a sought after complex, this spacious unit offers a lounge, dining room open plan to well fitted kitchen (U/C Hob & Oven), double garage with direct access to the unit, established private garden & superb views. Small pets allowed. Tony Sanders 082 779 6145 | tony@natalproperty.co.za

HAYFIELDS

R1 290 000

ON SHOW SUNDAY 2.30-5 PM

6

3 Beds / 2 Baths / 2 Carports / Web 2104462. The modern well-kept family home offers a spacious tiled lounge, dining room & pub together with a large well fitted modern kitchen with granite tops & breakfast area. There is a one bedroom flat, a gorgeous bachelor flat & a beautiful pool area. Follow pointers from corner of Murray & Grimthorpe into Dunsby Ave. Dawn Hohls 082 452 4839 | dawn@natalproperty.co.za

CENTRAL

R 799 000

ON SHOW SUNDAY 2.30-4.30

HAYFIELDS

R 970 000

ON SHOW SUNDAY 2.30-5 PM

DELIGHTFUL, SPACIOUS TOWNHOUSE

CONVENIENT LOCATION - COME & MAKE AN OFFER

IMMACULATE MODERN TOWNHOUSE

3 Beds / 2 Baths / 2 Garages. This unit in a secure estate offering a double garage, open plan lounge/diningroom, kitchen, 3 bedrooms, 2 bathrooms, a secure garden. This unit is tiled throughout with remote access. Follow pointers from corner of Hesketh & Ronson into Comrie Pl. Michael Birkett 082 254 5784 | michaelb@natalproperty.co.za

3 Beds / 2 Baths / 2 Carports / Web 2007759. Beautiful renovated this spacious duplex has a large lounge, diningroom, tiled floors, brand new fitted kitchen. The lounge opens onto a verandah with a small private garden. Double lock-up carport. Excellent security & walking distance to town. Follow pointers from Boschoff/ Prince Alfred Street. Pauline Crow 073 218 8642 | pauline@natalproperty.co.za

2 Beds / 2 Baths / 1 Garage / Web 2096281. This beautifully presented unit in a very popular complex, won’t last long. Spacious well-appointed kitchen, modern bathrooms, patio & lovely garden. Automated garage & excellent security. Well worth viewing! Follow pointers from corner of Hesketh Dr & Adams Rd. Sid Brown 083 300 0530 | sidney@natalproperty.co.za

FOREST WATERS

FROM R 559 000

LINCOLN MEADE

R 995 000

CHASE VALLEY

R1 450 000

- 5PM

30PM

ON SHOW SUNDAY 2.30-5 PM

ON SHOW SUNDAY 2.30-5 PM

PRETTY AS A PICTURE

FACE BRICK HOME - GREAT AREA

3 Beds / 2 Baths / 1 Garage / Web 2113384. This delightful property offers a spacious lounge, intimate dining area, a neat built-in kitchen with granite tops. The main bedroom boasts an air-conditioning unit, exclusive dressing area & main en-suite bathroom. It is walled for security & an absolute must see! Follow pointers from corner of Grimthorpe & Gladys Manzi Rd. Melinda Colborne 073 844 4322 | melinda@natalproperty.co.za

3 Beds / 2 Baths / 1Garage / Web 2013442. This low maintenance home is set in a great street. Offering views of town as well as a modern kitchen, lovely main en-suite bathroom & livingrooms leading onto the entertainment area. At this price, in this area, its well worth a view!. Paul Campbell 082 782 4180 | paul@natalproperty.co.za

PRESTBURY

R 830 000

SCOTTSVILLE

R1 750 000

LIFESTYLE ESTATE Come & Visit us at Forest Waters as we Launch this new Lifestyle Complex in PMB. With amazing views over town & amenities in the complex (pool, laundromat, Creche & others), these apartments are well worth you looking at. The Estate Comprises 2 Bedroom & 3 Bedroom Apartments and 2 bedroom simplexes. Follow pointers from Liberty Mall/Cascades Centre into Connor Road to Forest Waters Estate. Paul Campbell 082 782 4180 | paul@natalproperty.co.za or Trish Campbell 083 632 5141 | trish@natalproperty.co.za

MONTROSE

R1 850 000

CHASE VALLEY

R1 900 000

SECURE, NEAT & APPEALING

SCOTTSVILLE STUDENT ACCOMMODATION

3 Beds / 1 /2 Baths / 1 Garage. This delightful simplex is set in a private neat garden with pleasant views from the covered patio. Offers a well fitted kitchen (UCO/hob), tiled lounge & diningroom, 3 bedrooms served by 1 1/2 bathrooms plus a large enclosed courtyard & garage. Bruce Campbell 083 226 2015 | bruce@natalproperty.co.za

6 Beds / 2 Baths / Web 2074407. This main home offers a fitted kitchen with a hob, an alarm system & there is pre-paid electricity. The 2nd house has 4 bedrooms a bathroom & kitchenette. Fully fenced garden, good security & well maintained. Close to all major amenities & within walking distance to the DUT campus. Mduduzi Hlongwane 072 545 7701 | mdu@natalproperty.co.za

1

HAYFIELDS

R1 540 000

CENTRAL

R 530 000

LOCATION; LOCATION; LOCATION

AH-APPEAL!

QUALITY HAYFIELDS HOME

SPACIOUS, SECURE & PLEASANT OUTLOOK

4 Beds / 2 Baths / 2 Garages / Web 2060473. This lovely family home offers you spacious bedrooms served by 2 neat bathrooms. The home has a lovely family room, as well as a separate entertaining lounge. The home boasts a well fitted kitchen, diningroom, study, pool & domestic rooms. Paul Campbell 082 782 4180 | paul@natalproperty.co.za

4 Beds / 2.5 Baths / 2 Garages / 1 Carport / Web 2089478. The pin neat home offers spacious living, lush garden & boasts a sparkling pool, & storeroom cum pool room. For the extended family or visiting guests there are also 2 rooms & en-suite for your convenience. Lovely views from the granite topped kitchen. A must see to appreciate. Wendy Jeary 082 459 8323 | wendy@natalproperty.co.za

4 Beds / 3 Baths / 2 Garages / Web 2044941. This home is waiting to be sold!! It has four large bedrooms, 3 bathrooms - the En-suite has a jacuzzi bath, 2 lounges, an A grade kitchen with ELO & Hob & granite tops. The double garage is automated and the garden is maintenance free. Dawn Hohls 082 452 4839 | dawn@natalproperty.co.za

2 Beds / 1 Bath / 1 Carport. A very neat & extremely spacious 2 bedroom flat (87 sqm) with bathroom, modern kitchen & balcony. Low rates & levies are an additional attraction. Includes a carport. Well located & close to all amenities. Bruce Campbell 083 226 2015 | bruce@natalproperty.co.za

CENTRAL

R 450 000

PRESTBURY

R 675 000

RETIREMENT FLAT

NEW KITCHEN!

2 Beds / 1 Bath / Web 2089715. This quaint 2 bedroom

3 Beds / 1 Bath / 1 Garage. This home has been newly renovated. The home offers a kitchen with granite tops as well as a UCO & Hob, lounge & all the bedrooms have built-in cupboards. Extras include the garage & an outside room. Paul Campbell 082 782 4180 | paul@natalproperty.co.za

unit is in a secure complex for over 55’s & boasts a spacious lounge, a fitted kitchen, separate toilet & a full bathroom.

Daily meals available.

24 hour security.

Wendy Jeary 082 459 8323 | wendy@natalproperty.co.za

CENTRAL

R 850 000

INVESTMENT PROPERTY! 9 Beds / 1 Bath / Web 2079776. This historic property offers 9 rooms, a bathroom and kitchen. Outside building with shower and toilet. Rental income of R 13 000 pm. Kim Edges 082 956 3371 | kimw@natalproperty.co.za

PELHAM

R 795 000

POPULAR STRATHLEVEN 3 Beds / 2 Baths / 2 Carports / Web 1615452. This delightful flat offers a tiled lounge & dining room opening onto a balcony, an open-plan, fitted kitchen (uco/hob) with granite tops. The complex has it’s own swimming pool and clubhouse/braai area and remote access. Bruce Campbell 083 226 2015 | bruce@natalproperty.co.za

7

- 5PM

perfect opportunity for the buy-to-let investor perfect oppor PELHAM

R 480 000

SPACIOUS GROUND FLOOR FLAT

30PM

1 Bed / 1 Bath / 1 Garage / Web 1903480. This spacious ground floor unit with parquet flooring offers a lounge/diningroom & fitted kitchen. This unit has a private verandah which has potential to be enclosed to create a 2nd bedroom. The unit is located in a secure complex with remote access & a garage. Jessica Campbell 084 510 0808 | jessica@natalproperty.co.za

CENTRAL

R 240 000 Neg.

LOOKING FOR AN INVESTMENT?

1 Bed / 1 Bath. Choice of 2 bachelor flats, in this popular block. Tenants can walk to work & all amenities, 24 hour security. Don’t miss this opportunity. Call now. Pauline Crow 073 218 8642 | pauline@natalproperty.co.za

CENTRAL

R 270 000

CALLING INVESTORS

Web 2077164. CBD of Pietermaritzburg, conveniently close to all major amenities. Bachelor flat with a full bathroom and kitchen. Mduduzi Hlongwane 072 545 7701 | mdu@natalproperty.co.za

WOODLANDS

R 895 000

A SPACIOUS FAMILY HOME

4 Beds / 2 Baths / 1 Garage / Web 1999505. This solid older home has pleasant views and offers a large tiled lounge, dining room, a well fitted kitchen & laundry. Underneath the home is a double garage plus the garden of 876 sqm is fully fenced. Melinda Colborne 073 844 4322 | melinda@natalproperty.co.za

BISLEY

GREAT STARTER HOME

R 685 000

R 550 000 Neg.

the buy-to-le

2 Beds / 2 Baths / 1 Garage / Web 2024183. This lovely unit situated in a lovely complex has 2 bedrooms, 2 bathrooms with large kitchen, lounge, dining room and lock-up garage. Deon van der Westhuizen 083 232 3225 | deon@natalproperty.co.za

NORTHDALE

WESTGATE

NEAT FAMILY HOME

3 Beds / 1 Bath / Web 1937595. This neat family home offers 3 bedrooms served by a single bathroom, a lounge and fitted kitchen with a neat fenced garden. Call me to view! Sbu Ndlovu 082 815 0464 | sbu@natalproperty.co.za

R 475 000

FAMILY HOME

4 Beds / 1 Bath / Web 2078814. This neat home offers 4 Bedrooms, with a bathroom, living area and fitted kitchen. Fenced Garden. Sbu Ndlovu 082 815 0464 | sbu@natalproperty.co.za

IMBALI

R 450 000

PRICED TO SELL

3 Beds / 1 Bath / Web 1664854. This lovely home is new on the market, offering 3 bedrooms, combined lounge & dining room, fully fitted kitchen and bathroom, nice, tiled floors. Urgent sale, reasonable offers acceptable. Thandi Zuma 083 341 0981 | thandi@natalproperty.co.za

rfect opportunity for opportunity for opportunity for theperfect buy-to-let investor heperfect buy-to-let investor the buy-to-let investor perfect opportunity for

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9

Harcourts Patrick & Co 033 342 3340 patrickandco@harcourts.co.za

ON SHOW

ON SHOW

Chase Valley Heights R1 495 000

Lester Park

If you are tired of “look alikes” then this home offers character, charm, space and a view from the large front verandah. This is an original home built in 1881. There are 3 bedrooms and a study (or 4th bedroom), full bathroom, great kitchen with pantry, outside entertainment area, double garage, staff accommodation and a pool. All set in an established garden. A lovely home to raise a family.Follow boards from McCarthy Drive/Chase Valley Road. ON SHOW SUNDAY 2.30- 4.30 | WEB REF:KEP23339 LYNDA MARTIN C 082 450 2004 | T 033 342 3340 E lynda.martin@harcourts.co.za

R1 125 000

Neat 3 bedroom home with 2 bathrooms (mes) lounge, sun room and dining room leading out onto a covered entertainment area with braai facilities. Has fitted kitchen, study, double carport and single garage. All set in a pretty garden. Follow boards from Zwartkop Road to Sunwood Place to Peter Harwood Road. ON SHOW SUNDAY 2.30 -4.30 WEB REF:KEP23863 GLERYL DE RAUVILLE 083 286 5758 | T 033 342 3340 E gleryl.dr@harcourts.co.za

ON SHOW

Excutive elegance in Raisethorpe R1 650 000

JULIE CHETTY C 084 622 0288 | T 033 342 3340 E julie.chetty@harcourts.co.za

R1.2 NEG

Looking for something different with loads of accommodation then this is it. This home has 4 bedrooms with built in cupboards, 2 full bathrooms and separate toilet. Lounge, dining room, family room, laundry and study. Fully fitted kitchen with stove and oven. Lovely fire place and fully secured home on 1944sqm of land. WEB REF:KEP24222 LAURRA NOMUSA MBHELE C 082 834 5068 | T 033 342 3340 E laurra.mbhele@harcourts.co.za

Albert Falls

R2 500 000

Enjoy living in the country within close proximity of Albert Falls dam and with lovely views overlooking the Umgeni River in your 4 bedroom, 2 bathroom home with lounge, dining room, study and fitted kitchen. Also has a large outside entertainment cabin with braai area. Aviaries, variety of fruit trees, game viewing deck, all on a large sub-divisible property within easy commuting distance to Pmburg. WEB REF:KEP23989 GLERYL DE RAUVILLE 083 286 5758 | T 033 342 3340 E gleryl.dr@harcourts.co.za

harcourtspatrickandco.co.za

10

Scottsville

R1 695 000 Hilton

New Release! Attractive family home in the heart of Scottsville. Well appointed open plan kitchen to dining room with quality finishes, UCO and HOB, granite tops and separate laundry and scullery. Spacious, sunny north facing lounge with attractive fireplace, leading onto an enclosed verandah. Beautiful oregon pine floors throughout. Three spacious bedrooms with 2 bathrooms. Pool, flatlet, LUG and double carport. Follow boards from Alan Paton (Durban Rd) intersection into Hutchinson Rd. ON SHOW: SUN 2.30 – 4.30pm FIONA PATRICK C 082 5537810 | T 033 342 3340 E fiona.patrick@harcourts.co.za

R1 995 000

CURTAINS, BLINDS, AND KITCHEN APPLIANCES ALL INCLUDED!! This character filled unit is situated in the upmarket and secure complex of Cherry Mews which adjoins the Protea Hilton Hotel estate and offers a communal pool and tennis courts. Spacious and comfortable living is offered with 3 large bedrooms, 3 bathrooms, a beautifully fitted kitchen and scullery, open plan lounge/dining, garage and carport. Set in a pretty, fenced garden which allows for pets and conveniently close to the N3 and all private schools within Hilton this is one of the best buys currently available in Hilton. Follow boards from Hilton Hotel and N3 bridge. ON SHOW SUNDAY 2.30 -4.30 | WEB REF: KEP23347 JENNI PATRICK C 082 775 4699 | T 033 342 3340 E jen.patrick@harcourts.co.za

ON SHOW

Porcelain tiles and open plan living spaces greet you as you walk through the doors of this immaculate home. 3 bedrooms, 3 bathrooms, study, a prayer room and courtyard pool, airconditioning an abundance of built-in cupboards, a central atrium are just some of the features which make this home such a desirable choice for a young executive family. Follow boards from Greytown Road into Khan Rd to Ishwari Road ON SHOW SUNDAY 2.30 -4.30 WEB REF: KEP23952

Lynfield Home

ON SHOW

ON SHOW

Price reduced; excellent location If you are looking for a home with additional accommodation, this home is for you. Nestled away from the road, this lovely home offers 4 bedrooms, 2 bathrooms, five star kitchen with granite tops. Beautiful entertainment area with a rock pool and sparkling swimming pool. 2 Room flatlet, rondavel with a bathroom and huge lapa, double garage. Good investment. Close to schools, UKZN and all amenities. WEB REF:KEP23778 JULIE CHETTY C 084 622 0288 | T 033 342 3340 E julie.chetty@harcourts.co.za

ESTELL SPIRES 072 381 5816 | T 033 342 3340 E estell.spires@harcourts.co.za

New to the market in Ferncliffe R2 295 000 Clarendon opportunity Full of charm and character, this 219sqm duplex offers exceptional value at a great address. This unit offers 3 spacious bedrooms, 2 full bathrooms, (main en suite) and TV lounge upstairs. The living areas downstairs flow effortlessly from the well appointed kitchen to the open plan lounge, dining room and study. Laminate flooring, air-cons and good security are but a few attractions this home offers. Call me for an exclusive viewing. VIEW BY APPOINTMENT | WEB REF:KEP23839 CINDY JOHNSTON C 083 564 2020 | T 033 342 3340 E cindy.johnston@harcourts.co.za

Flats – Northern Suburbs R559 000-R679 000 Chasedene, close proximity to the mall, these refurbished units come in either 2 or 3 bedrooms, featuring 1 or 2 bathrooms, built in cupboards, fitted kitchen with granite tops and undercover parking. Set in a tranquil urban village with a pool, laundry room, equipped with gym, crèche’ and mountain bike trail. VIEW BY APPOINTMENT WEB REF:KEP23232/23226/23224 ANJ SRIBRATH C 083 419 0919 | T 033 342 3340 E anj.sribrath@harcourts.co.za

R3 485 000 Woodlands

Instantly appealing

This 3 / 4 bedroomed home in VCC Estate is brand new, well designed and spacious. The open plan living area (with fireplace and air-conditioning) include a modern kitchen with scullery/laundry.It has a manageable garden a double automated garage and courtyard. NO TRANSFER DUTY!! Follow boards from Cascades robots / Craigie Drive ON SHOW SUNDAY 2.30 -4.30 | WEB REF:KEP22889

R3 250 000

This property is a landmark in Clarendon. Situated on 3 433 sqm of a virtually level stand. Currently run as a successful B&B. The main Victorian home is spacious and outside there are numerous outbuildings all in good state of repair. Has loads of potential and if a rezoning is approved would be an ideal office environment. ALBIE TIMMERMAN C 082 553 9921 | T 033 342 3340 E albie.timmerman@harcourts.co.za

Loads of accommodation: Signal Hill

R1 100 000

Ideal for the extended family or work from home. This home comprises a formal and an informal lounge, both of which open onto a balcony with scenic greenbelt views. There is also a separate dining room and a well-appointed kitchen with ELO and HOB. There are 4 bedrooms and 2 full bathrooms. The double garage has extra rooms at the back, which could easily convert into offices or a granny flat. WEB REF:KEP23576 FIONA PATRICK C 082 5537810 | T 033 342 3340 E fiona.patrick@harcourts.co.za

R1 600 000

This magnificent solid well-built house is waiting for a loving family to be called home. Generous 3 bedrooms & 2 bathrooms on upper level with modern fitted kitchen. Plus additional self-contained flat with 2 bedrooms. Double garage and so much more. All set in paved driveway, secure fully walled garden with remote access. WEB REF:KEP23522 CAREY NEAL C 084 500 0402 | T 033 342 3340 E carey.neal@harcourts.co.za

Lincoln Meade

R720 000

An immaculate 2 bedroomed unit in a well-run complex! Can’t get better than that! Being a corner unit the garden is slightly larger than the other units and has a lovely view as well. Enter into the lounge/dining room with open plan modern fitted kitchen and tiled floors which lead to a pretty, private back patio. One full, modern bathroom completes the picture BUT there is a double tandem carport as well. WEB REF:KEP23877 ALBIE TIMMERMAN C 082 553 9921 | T 033 342 3340 E albie.timmerman@harcourts.co.za

Montrose Simplex

R1 450 000

Wise Buy in a well run and secure complex conveniently located to Cascades. Open plan living rooms,a bright kitchen with 3 spacious bedrooms and 2 bathrooms make this low maintenance , north facing facing home with green belt views an excellent choice! Call me to view this exclusive listing.

JENNI PATRICK C 082 775 4699 | T 033 342 3340 E jen.patrick@harcourts.co.za

Harcourts $'/*) 033 ǖǗǖ ǖǖǗǘ $)!*ǻ#$'/*)@harcourts.co.za

ON SHOW SUNDAY

ON SHOW SUNDAY

Athlone

R2 350 000 Montrose Townhouse

R1 550 000

3 Beds | 2 Baths | 1 Lounge | 1 Dining | 1 Study | 2 Garages

Brand new to the market, this immaculate contemporary home is begging for a family to move in without having to do a thing and has a certain ‘Wow Factor.’ Situated in an increasingly popular area, this property is elevated from the road affording privacy and views. Refreshingly different, this home has been tastefully finished with great love and care. Centrally situated and a stone’s throw away from Cordwalles, Athlone and Carter Schools and the Cascades shopping centre. Follow Boards from Athlone Circle. ON SHOW – 2:30 – 4:30 Web: KHT28822 Shirley Stephenson C 083 292 0599 | T 033 343 3345 E shirley.stephenson@harcourts.co.za

3 Beds | 2 Baths | 1 Study | 2 Garages

Positioned towards the end of a cul-de-sac this unit offers privacy and a lovely view of the maintained park across the road. This well maintained unit offers, in addition to the three bedrooms, a large office/sewing/utility room. Ideal starter home/lock up and go - the options are endless. Follow boards from corner Townbush road and Neden road into Anne Stafford ON SHOW – 2:30 – 4:30 pm | Web: KHT28736 Michelle Byres C 072 120 6160 | T 033 343 3345 E michelle.byres@harcourts.co.za

ON SHOW SUNDAY

ON SHOW SUNDAY

Olde Hilton

R1 650 000

ON SHOW SUNDAY

Investment opportunity in Hilon complex

R1 095 000 Big in Howick

2 Beds | 1.5 Baths | 1 Lounge | 2 Carports

3 Beds | 3 Baths | 2 Lounges | 1 Dining Room | 1 Study | 2 Garages A delightful unit in a sought after complex is a must see for a

A perfectly positioned family home within walking distance of the Hilton Pre Primary, Laddsworth and St Annes and an outlook over St Annes School Vlei. The entire house has been well planned and all rooms are generously proportioned. Plus extra carer’s accommodation. A little TLC and she will be a little Beauty once again. Please call Barbara on 082 802 5956 to make a Sunday Appointment. ON SHOW – By Appointment only | Web: KHT28836 Barbara Rogers C 082 802 5956 | T 033 343 3345 E barbara.rogers@harcourts.co.za

starter home or to rent out at 5.4% return. Follow boards from Hilton Avenue into Briar Lane. ON SHOW – 2:30 – 4:30 pm | Web: KHT28828

R1 600 000

4 Beds | 2 Baths | 2 Lounges | 1 Dining Room | 1 Study | 1 Garage | 3 Carports

This is a big home, close to Howick High, Medi Clinic and SuperSpar. Pool to enjoy your braais around. Sit on the undercover front veranda enjoying the beautiful garden. Have the whole family around over holidays, with enough room for everyone! Follow Boards from Main Rd, into Lakeview and into Archbell ON SHOW – 2:30 – 4:30 pm | Web: KHT28765 Glenn Titmus C 072 686 1412 | T 033 343 3345 E glenn.titmus@harcourts.co.za

Jane Lait C 072 107 1748 | T 033 343 3345 E jane.lait@harcourts.co.za

ON SHOW SUNDAY

Hilton

R1 495 000 Hilton

3 Beds | 1 Bath | 1 Lounge

For the renovator and developer and situated in central Hilton. A separate cottage and staff rooms can be upgraded to earn extra income and the property can be subdivided. Follow boards from Old Main Brewery into Wallard Road. ON SHOW – 2:30 – 4:30 pm | Web: KHT28745 Brian Wilkes C 082 417 6166 | T 033 343 3345 E brian.wilkes@harcourts.co.za

Hilton

R2 750 000 Hilton

4 Beds | 2 Baths | 1 Lounge | 1 Dining room | 1 Study | 2 Garages | 1 Pool

This character filled home is well positioned close to the Hilton village amenities, as well as the local private schools (Hilton College, St Annes and Grace College) and offers lots of privacy and birdsong! An entertainers dream with a large lounge and dining room, huge enclosed veranda opening onto the pool, a modern kitchen and a separate bedroom wing with a study. Old staff quarters would be a perfect teenager’s hideout! View By Appointment | Web: KHT28775 Cathy Fitzpatrick C 083 234 4864 | T 033 343 3345 E cathy.fitzpatrick@harcourts.co.za

R2 850 000 Worlds View

2 Beds | 2 Baths | 1 Lounge | 1 Dining | 2 Garages

With superb berg views, a great pool area, cricket nets and staff accommodation this home is perfect for a large family. A newly renovated kitchen (separate scullery) and living area is open plan, with a separate family room and study area. Ample bedroom space. Situated in a quiet Hilton cul de sac View By Appointment | Web: KHT28769 Cathy Fitzpatrick C 083 234 4864 | T 033 343 3345 E cathy.fitzpatrick@harcourts.co.za

R1 495 000 Lidgetton

4 Beds | 3 Baths | 2 Lounges | 1 Garage | 2 Carports

R2 195 000 Ferncliff executive

5 Beds | 2 Baths | 2 Lounges | 1 Dining Room | 1 Study

R1 800 000

3 Beds | 2 Baths | 1 Lounge | 2 Garages

This townhouse is now priced to sell, set in a sought after secure complex in the upmarket suburb of Upper Ferncliffe. Beautiful kitchen and bathrooms set in a private lush garden! View By Appointment | Web: KHT28458

Trish Parsons C 082 904 3157 | T 033 343 3345 E trish.parsons@harcourts.co.za

R1 580 000

3 Beds | 2 Baths

Curry’s Post

R1 500 000

3 Beds | 1.5 Baths

Nestled in an exclusive secure complex this tastefully decorated home is a rare find. With high ceilings, under floor heating throughout, rim flow heated pool and immaculate designer garden every detail has been thought of. This truly is a piece of heavenly real estate and tucked away from the hustle and bustle of town. Walk to the Quarry shopping centre and close to all Hilton’s well known schools. View By Appointment | Web: KHT27753

Accommodation aplenty with 4 bedrooms and 3 bathrooms in the main house and 2 bedrooms in the sizeable cottage. A very quiet area with mature trees in the garden and opportunity to modernize this home. View By Appointment | Web: KHT28838

A very cosy three bedroom home on 8 hectares on the Midlands Meander. Ideally situated, only 15 minutes from Howick with views of the Caversham Valley. Open plan home with Jetmaster fireplace in the lounge. Well priced. View By Appointment | Web: KNH3558 - Agriculture

PRICE REDUCED!! Fix-me-upper! A grazing farm of 32 hectares. Mostly veld grass, with paddocks. Various outbuildings, stables and workshop. Spring water and two boreholes. Renovators dream! About 10 hectares of timber, mixed wattle and gum. View By Appointment | Web: KNH3322 - Agriculture

Shirley Stephenson C 083 295 0599 | T 033 343 3345 E shirley.stephenson@harcourts.co.za

Brian Wilkes C 082 417 6166 | T 033 343 3345 E brian.wilkes@harcourts.co.za

Roger Nevin C 082 555 3995 | T 033 343 3345 E roger.nevin@harcourts.co.za

Roger Nevin C 082 555 3995 | T 033 343 3345 E roger.nevin@harcourts.co.za

# - *0-/.#$'/*).co.za

Experts in home finance.

privateproperty .co.za

11

Compact Urban Living An Emerging Trend In Commercial Real Estate Source – Mike Walters CEO Sentinel

apartments on the floors above. This is following a global trend, as technology and data services improve, people are searching for more experiences, becoming more mobile and becoming more flexible in the process. Compact ‘less hassle’ urban living in these cosmopolitan hubs is increasing, and, in time, as prices rise, will overflow into neighbouring areas.”

With rising urbanisation, increasing numbers of people are opting to live in city centres and inner suburbs, preferring to live, work, and play in close proximity. Central location will therefore be key to staff recruitment and for companies.

Expect more commercial-industrial mixed developments

When asked about the commercial-residential mix of the future, Walters said, “I believe the commercial-residential mix of the future will be a little like what we are seeing develop on the main arterials of the pedestrian-friendly suburbs of Rosebank, and along the Atlantic Seaboard. Until now, we haven’t seen office and residential accommodation alongside each other in the same building. What we are seeing is cafés, restaurants and convenience stores on the ground floor and serviced office suites and

He adds, “E-commerce, quicker delivery, on-demand information access and manufacturing are influencing industrial property needs. Smaller more flexible spaces in the right position are required to enable increased efficiency and effectiveness for faster and free deliveries that enhance customer experience, thus blurring lines between these two property types. “The office-industrial combination is already taking place to a certain degree in light industrial parks in our industrial areas. These suit smaller businesses and entrepreneurial-style operations where the office component occupies 25-35% of

the building and the rest is modern, clean warehousing for product storage, logistics or vehicle safe keeping and assembly,” explains Walters.

Rise of collaborative culture “Startups, freelance and flexible work-sharing initiatives reinforce the need for shared office space with low-risk commitment, collaborative benefits and central meeting points. Commercial, especially office property owners face challenges from new competitors that are redefining office spaces, providing dynamically configurable spaces and flexible leases and associated services. “Property owners are more aware, and starting to recognise, and create what the market wants, which is a blend of different applications in these popular locations, instead of living in one area, working in another and dining/meeting in another. This type of lifestyle means less time spent in the car, and reduced travel time and costs. It is putting our town planning resources to work, but these mixed-use applications are working, and the increased property values are proof of it.”

VCC BRAND NEW DESIGNER HOMES MOUNTAIN RISE PLUSH APARTMENT ON PLOT & PLAN PACKAGE

This estate is home to one of SA’S TOP 10 golf courses, with enhanced safety and security measures presently implemented has made this residential estate extremely desirable to live in. Our highly creative and reputable developers offer you a choice of 4 attractive and exclusive homes, ranging from R3,3mil to R4,9mil. Anand Oriee: 072 274 3175

CENTRAL PMB. MANOR R1.2 ML NORTHDALE – SINGLE COTTAGE

12

R499 000 NORTHDALE JUPITER ROAD R739 000

WHY RENT WHEN YOU CAN OWN Very neat cottage with modern upgraded bathroom and tiled throughout. Close to amenities and decent yard space. Offering immediate occupation. Anand Oriee: 072 274 3175

Brand new 3 bedroom cottage. Double lock-up garage and decent tarred yard space. Polished porcelain tiles throughout with fully fitted kitchen. Automated gates with intercom and wooden sundeck makes this a secure value for money cottage. Anand Oriee: 072 274 3175

Charming and immaculate. Pretty manicured garden wraps around this 3 bedroom with bics,2 bathrooms (MES), fully fitted kitchen (ELO, HOB), TV lounge, formal lounge, dining area, double L/Ugarage, maids room. Corner stand built with 2 driveway access. A must to view. 084 958 9854

WANTED WANTED Vacant land, commercial and residential properties. Anywhere, Any condition and Any Price. I have local and foreign investors willing to purchase.

WANTED WANTED

A highly demanding area with new developments happening rapidly, offers you a solid brick house on a corner plot with ample flat land for future expansion, This property is situated very close to the new Mosque and is easily accessible to the PMB, CBD, making this also an ideal home/ business premises 084 958 9854

Comprises of extravagant finishes with many extras in a very secure and demanding complex. Choice of 2. Priced from R2,5 MIL Anand Oriee: 072 274 3175

BELFORT BEAUTY R1.250 MILLION NEG.

WANTED WANTED

With the advent of a flexible work culture and urbanisation, commercial real estate investors are realising the need to adapt to the changing environment. Here's a look at trends to watch out for in the coming year, according to Mike Walters, CEO of Sentinel Property Group and Spacez, as well as the licensee for the newly established Fine & Country Commercial.

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.

HAYFIELDS MALL 082 784 3123

033 386 6623

E N O

G

CLINKER SIMPLEX IN PRESTBURY R810 000

Landlords and tenants. Call us TODAY! 3 UNITS AT ROSEWOOD RETIREMENT

Yes, a fine selection of 3 units. A one bedroomed unit at R398 A lovely 3 bedroomed simplex with 2 bathrooms (ses), separate 000 and a 2 bedroomed unit with 2 bathrooms and covered lounge and dining room, well fitted kitchen and garaging. Small patio at a very reasonable R425 000. 24 hr security, nurses complex (only 10 units) and close to the Botanic Gardens and on hand, midday 3 course meal provided. Mayors Walk Spar. Controlled entrance and a peaceful environment. AND A NEW ARRIVAL - A ground floor unit with garden and WEMBLEY TOWNHOUSE PERFECTION R1 795 000 garage at R750 000. What more can you ask for in this popuGenerous proportions throughout this lovely home and representing lar retirement complex? Suggest you act quickly on this one. amazing value on todays market! A top quality 3 bedroomed unit with ensuite and 2nd full bathroom , separate living rooms, with the lounge large The next time you are at The Hayfields Pick’n Pay enough for two suites. Fabulous newly fitted kitchen, maids accommodation and double garaging. Lounge doors open onto a full length verandah Centre and you have some spare time, pop in for a and beautiful lawned garden. Communal pool and tennis court too. chat about the local market. We’re next to FNB.

RentalsDOTcom First Choice 033 394 0789

Albie 082 553 9921 | Beverley 072 417 1068 beverley.smith@rentalsdotcom.co.za 201 Burger Street, Pietermaritzburg

Understanding Fair Wear, Tear In Commercial Rental Agreements Source – Rawson Property Group

Commonly used in commercial rental agreements, fair wear and tear is a phrase essential to understand in the context of a commercial lease.

requiring both the owner and the prospective tenant to agree at the time of drafting the lease, on the current state of the property, thus giving a reference point from which future fair wear and tear may be assessed.�

“Perhaps the most helpful thing to understand is how this term is defined and its distinction to the damage of a property,� says Leon Breytenbach, national manager of the Rawson Property Group’s commercial division.

Damage to property

Fair wear and tear The term fair wear and tear refers to deterioration in the condition of the property, caused by normal, everyday usage during the period of the lease. This accepted norm will differ depending on the type of business which is carried out at the premises. For example, an office employing a small clerical staff will have less impact on the flooring than a retail business with hundreds of customers walking through the premises. Weathering caused by natural elements would also be considered as fair wear and tear. “A property which is not newly built or recently refurbished, will have some level of deterioration of condition when leased,� Breytenbach states, “thus

14

“In contrast to fair wear and tear, damage to property is any deterioration outside the definition provided and can also be defined as negligent or accidental destruction to the property,� states Breytenbach. This might be a carpet ripped while desks were being moved, or stains which cannot be removed despite professional cleaning. Nails hammered into walls in order to hang pictures may also be unacceptable, while painting the walls a different colour, without the owner’s consent, would certainly require the tenant to make good the situation or forfeit a portion of the deposit in order to return the property to its original state.

Cleaning the property It is accepted that the tenant should keep the property clean and in good condition during the lease period, but at the end of the lease the property should be handed over in the same state in which it

was received, allowing for fair wear and tear. “The cost for cleaning should fall to the tenant,� explains Breytenbach, “but if the tenant fails to comply, then the landlord is within his right to use whatever portion of the deposit to restore the premises to an acceptable level of cleanliness.�

Preventing disputes In order to avoid possible dissention between the landlord and the tenant, Breytenbach offers a couple of suggestions: “It is essential that you insist on an in-going inspection of the premises so as to ensure that both parties are fully aware of its condition. It is also advisable to take photographs of any area which may later come into dispute, as these pictures may be the clinching proof in settling a dispute at a later date. Discuss the primary use for which the property is required as well as the most likely wear and tear which may be anticipated, before drawing up the lease. Make sure that the lease stipulates which party will be responsible for what maintenance or repair.� Similarly, an out-going inspection provides both the landlord and the tenant with complete assurance that the condition of the property is of an acceptable standard.

PPI : New Obligations For Sectional Titles Scheme Owners, Trustees, Managing Agents And Others

The Protection of Personal Information Act 4 of 2013 (“PPI”) gives effect to the constitutional right to privacy whilstalso advancing the right of access to information which will both become areas of major focus in 2017 and beyond.The right of privacy for personal information has just been a major issue in the Constitutional Court case involving the State Social Services Agency

For sectional title schemes, PPI will mean that the body corporate must not intrude on any owner’s privacy to an unreasonable extent. All information must be collected for a specific, defined and legitimate purpose and it cannot be further processed for a different purpose.

(www.saflii.org/za/cases/ZACC/2017/8.html)

The body corporate must maintain information quality so anything retained must be accurate , complete and not misleading and must be updated where necessary. Furthermore, the body corporate must have appropriate technical and organisational security safeguards for the information so it has significantly increased information security requirements apart from information quality requirements.

and there will be many more such cases. We now have an Information Regulator (www.justice.gov.za/inforeg/index.html)in place who is currently preparing for the full implementation of the Act and will be issuing applicable regulations during this year. The Regulator is currently hoping that the Act will be able to be brought into full operation from the end of this year. Once the Act comes fully into force there will be one year’s grace period to become compliant with the requirements for processing of personal information and it will have a very wide impact on people and entities such as sectional title schemes. The Act will affect the access to and processing of information in sectional title schemes. The body corporate, trustees and managing agent have the responsibility in terms of various provisions in the Sectional Titles Act to lawfully process owners’ personal information, thus making them the “responsible party/ies” and the owners, tenants, employees, contractors and so on to whom the personal information will relate, will be the “data subject/s.” “Personal information” including ” special personal information” arebroadly defined in section 1 of the Act and include information relating to race, gender, pregnancy, marital status, sexual orientation, age, physical or mental health, religion, language, education, financial history, e-mail address, physical address, telephone number, location information, online identifiers of any sort , personal opinions, views or preferences, confidential correspondence, views or opinions of another individual about the person, and the name of the person if it appears with other personal information.

This imposes significant information management and control burdens on bodies corporateand also those they contract with or employ so any of those persons or organisations will also need to have service level agreements with the body corporate to ensure personal information is correctly managed and is not shared with others not entitled to access it.

Any person providing personal information must know why the personal information is obtained and kept and must also be able to amend or correct it if necessary. Once the Act comes into force trustees, on behalf of bodies corporate, will have continually to consider what data they keep, how it is stored, secured, used and made available to others as well as take sensible precautions against it being used or accessed by unauthorised persons or organisations. Section 32 of the Constitution of the Republic of South Africa, 1996 (subsequently supplemented by the Promotion of Access of Information Act 2 of 2000) guarantees the making available of information and the Information Regulator will also administer and regulate the Promotion of Access to Information Act (“PAIA”) . The general principle of PAIA is that a person is entitled to be furnished with all available information that affects his,her or its interests in a specific situation so it will also be important for sectional title schemes to have an Information Manual which classifies information held and its accessibility or otherwise to any others aa well as a specific Information Officer who will deal with such matters. It is not possible to be prescriptive about the various possible areas in which the Protection of Personal Information Act will affect schemes but it is necessary for trustees and managing

agents for all schemes to immediately educate themselves, employees and owners about the enhanced duty of safeguarding personal information that will now potentially attract serious penalties if it is breached. At the least, breaches of personal information security will have serious reputational damage issues and it will also be obligatory to report any such breaches which is a very great change from the current position so complacency is not an option. The processes involved in the acquisition ,retention and disposal of personal information need to be carefully reviewed to be sure they comply with the eight PPI principles and all involved in the processes must be aware of their responsibilities so there will need to be an education process. Any information gathered must be necessary and not superfluous so it will be necessary, amongst other things, to review any existing collection of number plate and licence details at gates and to be very sure that such details can be justifiably collected as well as how and by whom they are collected and also accessed at any time. This will extend to control of the retention and further use of any records by security companies and others so service level agreements will also need to be reviewed or possibly even implemented for the first time. It is not possible to give an exhaustive list of information that needs to be reviewedand protected for every scheme but trustees should also at least look at protection of information such as owners’ notices of absence on vacation ,leases and lessees’ details , sale agreements submitted ,owners’ tax and banking details as well as levy account details and should prevent unprotected access to details such as e mail addresses and cell phone numbers which are literally gold dust for spammers and sales people as well as those with criminal intent . The protection of personal information extends throughout its lifetime so secure and definite destruction of such information is also necessary so “dumpster diving” of discarded or obsolete records must not be possible at any time.

By: Gavin McLachlan Attorney, Conveyancer, Notary Public Randles Attorneys

For more information on this or any other legal related queries please contact us at propertypages@randles.co.za or 033 392 8000

033 394 7525 | mail@erbrowne.co.za | www.erbrowne.co.za PO Box 346 DX | Pietermaritzburg | 3200 15

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