Business Day Home Front 10 February 2017

HOMEFRONT Situated in the Cape Winelands, Zevenwacht Lifestyle

explore.

Whether you choose lifestyle OCTOBER 2016a free-standing WWW .BDLIVE .CO.ZA WWW.BDLIVE.CO.ZA 10 13 FEBRUARY 2017

home or an apartment, our market-leading, 24-hour

MUST READ

retirement living. Embodying South Africa’s abundant

nursing care will provide the peace of mind you need to live life to the full and enjoy the retirement you’ve earned.

temperate weather and an endless array of activities to

Cape Town’s inner city spice PAGE 2

Debate: life right or sectional title?

PAGE 4

Wellington Paarl

N7

Durbanville

Cape Town

Five retirement trends to watch PAGE 18

R44

Monday - Saturday: View by appointment R102

Bellville

Renishaw Hills, near Scottburgh

Sunday: On Show 14:00 - 17:00

Kuils River

Zevenwacht | Northern Suburbs | Cape Town Stellenbosch

Is KwaZulu-Natal the retirement capital of SA? M3

M7

R102

Franschhoek

R44

M5

M3

Somerset West

Muizenberg

Sunette Schlemmert | Francois Schlemmert 082 656 2852

|

082 441 6031

zevenwacht-lifestyle-estate.co.za

Strand

Email: shani@linetteteepe.co.za

Gordons Bay

False Bay

Climate, coastal or country living, new developments sliding

Higgovale jewel fetches top price off the drawing boards ... no wonder KwaZulu-Natal is aiming

R E T I R E M E N T

The images, perspectives and finishes shown in the advertisment are merely impressions of the proposed development and are therefore subject to change at the developer’s discretion. The developer will not be held liable for any changes.

PAGE 24

for the retirement capital crown

MEET THE

PAGE 8

CHAIRMAN

REFURNISH YOUR OFFICE AT OUR KRAMERVILLE SHOWROOM, WWW.GGHOME.CO.ZA OR CALL 011 444 5744

HOMEFRONT LIFESTYLE

Spicy bites Cape Town’s new Thali restaurant offers a modern dining atmosphere and aromatic tapas menus in an exotic, eclectic environment WORDS: KIM MAXWELL :: PHOTOS: MICKY HOYLE

C

onsisting of a series of linked interior spaces and a back courtyard of a double-storey historical house, Thali is crammed between narrow shops and a popular bar on an inner city Cape Town street. It is well worth a taxi ride to experience the Indian tapas and interior décor inside.

The restaurant and bar’s patterned walls and a blueand-white tiled staircase lead up to Sally Chapman’s wallpaper of hand-sketched birds on the landing, near a hanging group of cages.

In time, a first-floor dining space in vivid pinks named The Birdcage will host small groups for Indian feasts.

Dublin-born chef Liam Tomlin is the culinary kingpin behind Thali.

Before Cape Town, he and British wife Jan operated Australia’s Banc, awarded restaurant of the year in 2001 in the Sydney Morning Herald Good Food Guide. When they opened Chefs Warehouse & Canteen in Bree Street in 2014, the couple merged the sociability of tapas with fine dining precision and casual benches.

Opening Thali in November 2016, the Tomlins partnered with local friends Dimo and Candice Papachristodoulou of The Fat Cactus and Long Street Café. Former Chefs Warehouse recruit John van Zyl heads Thali’s kitchen.

Van Zyl worked with Tomlin for four years previously, and recently assisted chef Angelo Scirocco in opening Urbanologi in Johannesburg.

“It’s eight small meals, basically a tasting menu of sorts, but not very formal” John van Zyl, head chef, Thali

HOMEFRONT Distinctive design Thali’s interiors are rich and varied but refreshingly there is no “placed” décor from interior professionals.

Treasured Indian postcards and other auction finds co-exist with old marble fireplaces and modern mosaic dining tables. Thali’s restaurateur business partners collaborated on the décor as much as on the food.

Says Tomlin: “Dimo and I wanted to do something together for years. He called me and said there was a ‘for rent’ sign outside Takumi’s former restaurant. It was one of those buildings you walk into where your gut says ‘yes’ straight away. We ripped everything out of a double-storey heritage building and started again.

We used our own builders and artists, not architects and interior designers.”

Orange paint livens two areas. Another restaurant section shows off the patina

of old bricks. Thali’s wooden bar counter is reconditioned parquet, looking out over a cosy seating space just made for sipping gin and tonic. There are domeshaped copper and silver lampshades, and Indian carved wood forming floating shelves. A sombre black wall is painted with curved handwriting outlines.

The black-tiled kitchen opens to the dining room with decorative wooden rolling pins and spoons, and a long blue velvet banquette. Beyond it, the dining space extends to an Indian courtyard garden — also designed by Chapman — brightened by lanterns, an ornate chest and bamboo on walls. It is an appealing spot to enjoy fresh oysters with a carrot juice-infused Cape Malay dressing on a summer evening. But arrive in good time — Thali is only open for dinner and does not accept reservations.

Talking tapas Although you may think of tapas as ordering a series of plates of your choice, at Thali the kitchen determines most of your menu. Oxford Dictionary defines a thali as a metal plate on which Indian food is served, or a type of set meal at an Indian restaurant.

Both descriptions fit the Cape Town version: two diners each eat four tapas dishes, with a few alternatives here and there.

The restaurant’s modern style delivers skill, texture and crunch in beautiful food with “Indianised” flavours. The kitchen sends it on earthenware plates, wooden bowls on metallic trays, and a smoking copper tandoor vessel.

Says Van Zyl: “A point about tapas that I like is that it’s plates of food to share. It’s eight small meals, basically a tasting menu of sorts, but not very formal.

It’s a great way of eating and socialising.”

Adds Tomlin: “The whole thing with Indian food usually, is you order a few dishes and they arrive at once. So you’re full fairly quickly and they seem to all taste similar. We serve them in different courses so you can enjoy the different flavours, starting with lighter and working up to the heavier ones.”

Meat and vegetarian

PRODUCED BY TIMES MEDIA PROPERTY PUBLISHING Unit G4, Old Castle Brewery, 6 Beach Road, Woodstock, 7925 021 447 7130

options both start with an unexpectedly crunchy potato and chickpea chaat snack with pomegranates.

Three more courses follow the chaat in stages. Also staggered: chilli jam, yoghurt raita, fragrant rice, naan bread and flaky paratha.

So you could have lighter grilled meats such as minced lamb kebabs, steamed fish with tangy dressing or tamarind-spiced pork belly next. Heavier chicken or lamb curries follow. White wines here are on the more aromatic side.

Tomlin says Thali has had numerous Indian guests, and quite a few return with their families, their mothers offering cooking tips. He views it as a compliment.

“I’m loving this place. We’re not pretending to be an authentic Indian restaurant — this is our modern interpretation, but with total respect for the culture, cooking and ingredients.”

VEGETARIAN VARIETY The vegetarian menu includes black dahl, or tandoori and pureed cauliflower variations served with coconut and cashew. Homemade paneer cheese in spiced spinach, curry emulsions or vegetable curries complete the repertoire. “The concept is that it’s light and bright flavours,” says Van Zyl. A lemon posset dessert signature is tough to beat.

Thali’s variation infuses cardamom in double cream, plus rose syrup, pomegranates and crushed pistachio. There is an African-Indian Chai milk tart too, rich in condensed milk, dipped with cumin shortbread and roasted banana ice cream.

“We ripped everything out of a doublestorey heritage building and started again.

We used our own builders and artists, not architects and interior designers” Liam Tomlin, chef partner, Thali

A EDITORIAL TEAM Editor: Kim Maxwell Creative Director: Mark Peddle Designer: Samantha Durand

PUBLICATION ADVERTISING SALES

Copy Editor: Lorraine Kearney Content Business Manager: Catherine Davis

Michèle Jones Susan Erwee

michele.jones@thecreativegroup.info susan.erwee@thecreativegroup.info

084 246 8105 083 556 9848

HOMEFRONT

LEGAL

Life right or sectional title?

Community schemes attorney Marina Constas weighs up the options facing buyers and explains some of the legislation governing retirement villages PHOTO: ISTOCK

R

etirement villages are mushrooming in SA, driven by huge demand. People are tired of being placed on unrealistic waiting lists and developers, sensing an opportunity, are stepping up to the plate.

For the most part, retirees find themselves choosing between buying a unit in a sectional title complex or buying a life right. In the case of the former, a developer may decide to sectionalise the village under development and register it as a sectional title scheme. In that case, the Sectional Titles Act applies and the fact that it is strictly a retirement village reflects

in the rules of the complex.

Buying a life right is completely different — and a concept that many South Africans do not fully understand. On signing an agreement, a buyer commits to paying a contribution (in other words the purchase price) and has the right to live in the unit for the remainder of his lifetime or until he leaves the village.

ASSET The life right option should never be regarded as a property investment as there is no asset that grows in value, which means that neither the purchaser nor his estate stands to benefit financially from the transaction.

However, this structure

“These villages also cater specifically to the needs of elderly people”

does suit many people as it guarantees them a safe place in which to live until the end of their days.

These villages also cater specifically to the needs of elderly people and ensure that the best medical care is easily available.

An international trend which South Africa is unquestionably following is the move away from inhouse frail care facilities,

and the bringing on board of home-based care solutions. This can ensure that people are taken care of in the comfort of their own homes, without fear that they are going to land up at the end of their lives in what can often be a depressing frail care environment. Many of the more proactive retirement villages and lifestyle-type estates are going this route.

LEGISLATION Life rights developments do not fall under the Sectional Titles Act, but under the Housing Development Schemes for Retired Persons Act 65 of 1988, which protects elderly people buying into villages and is exceptionally specific about what must be included.

In terms of this legislation, a Section 21 company must run the life rights scheme. This Section 21 company falls under the Companies Act and must have a Memorandum of Incorporation rather than a Memorandum of Articles.

If a developer follows

the route of life rights, there are a few important prerequisites. There must be an endorsement made against the title deeds of the scheme as well as the units to which the Housing Development Schemes for Retired Persons Act applied.

It is also compulsory to obtain an architect’s certificate to declare that the building is fit for its purpose.

Because buyers are liable for levies and must pay for facilities used, the agreement between the developer and the occupant must specify the estimated levies for a period of two years in advance. It also has to go on record that the prospective occupant knows his rights and is aware of what he could recover if the contract ends.

If you die or leave, the Section 21 company or trust running the scheme may retain a percentage of the original contribution or the new sale price, whichever is greater. For example, if this takes

place within 12 months, the occupant or his estate will get 80% of the original payment. After 12 months, he will get 70% and, after 24 months, 50%. The reasonable cost of fixing up the interior of the unit will also be deducted from the payment to the occupant or his estate.

OMBUD Something else that all owners in retirement villages should be aware of, whether they reside in a life rights set up or own a sectional title unit in a lifestyle estate, is that they now fall under the auspices of the Community Schemes Ombud Service.

Each owner must pay an additional levy capped at R40 per unit dependant on the amount of the monthly levy. Any disputes within the schemes may be referred to the Ombud.

However, whether you are buying a sectional title unit or a life right in a retirement village, you should get the advice of an attorney before signing any agreement.

WESTERN CAPE Southern Suburbs 021 673 4200 / Atlantic Seaboard 021 439 7415

Constantia Upper / R29.5 million

Ref# KW1302030

Bedrooms 5 / Bathrooms 3 / Garages 5 / Elegance of a bygone era. Elevated ceilings and many pristine features epitomise the elegance of this exceptional home, situated on 3 separate erven. The reception rooms are large and lend themselves to stylish living. A welcoming entrance with feature Koi pond, 2-bedroom cottage and manicured garden complete this magnificent home.

Arie Kadé 083 448 0488 / Angie Bloom 083 678 7876 / Lauren Clark 083 306 3830

Claremont Upper / R16 million

Ref# KW1261712

Fresnaye / R29.95 million

Ref# AS1299322

Bedrooms 4 / Bathrooms 4 / Garages 4 / Spectacular mountain views. This home has recently undergone a substantial renovation to a very high standard with quality fixtures and fittings used.

It is quietly positioned in a sought-after cul-de-sac in prime Hen & Chicken and offers full family accommodation with spacious proportions with a layout designed for elegant, yet casual living with superb indoor/outdoor flow.

Bedrooms 5 / Bathrooms 5 / Garages 3 / Situated in the heart of Fresnaye, this gracious home of generous proportions is perfect for the lifestyle of the modern family. High ceilings, gorgeous fireplaces, wooden floors and a sweeping staircase evoke a feeling of a bygone era. Super-sized living rooms and a TV room lead to a level garden with pool, entertainment pavilion and a verdant garden filled with roses. Luxurious modern en suite bedrooms lead to a wraparound balcony.

Myrna Duveen 082 443 8417 / Christiaan Steytler 082 658 0071

Janice Toay 082 770 1510 / Jackie Rosenberg 021 439 1614

FOCUS ON: EVERGREEN LIFESTYLE

ADVERTORIAL

Evergreen model offers stress-free retirement

Does the Evergreen life right model offer the perfect middle-market retirement solution?

WORDS AND IMAGES: SUPPLIED

Q&A with Evergreen Lifestyle CEO Arthur Case, retirement thought leader and a specialist on the life right model Sustaining one’s lifestyle in retirement is a challenge for an increasing number of South Africans. Statistics show that 33% of us are in debt after we stop working and 53% still have adult dependents to support.

Today’s retirees expect to live well into their eighties and are hardpressed to fund a quality lifestyle for the duration.

The Evergreen life right model answers the needs and concerns of many middle-market retirees.

What are the major constraints today’s middle-market retirees face?

Our market seeks assurances about their long-term financial security, maintaining independence, managing health, avoiding loneliness and being safe and carefree.

Do you believe the Evergreen life right model has the most to offer?

Most property owners in retirement sell to downsize to more manageable and secure accommodation,

the kind that offers appropriate facilities and services that allow for a sustainable lifestyle in light of retirement income and goals. Those who recognise the benefits of security village living must weigh the merits of a life right versus a sectional title or freehold purchase.

To many, the home is their primary asset and must deliver the value they need to fund their retirement years. Many find that buying small is expensive and that the capital freed may not sustain their lives.

Evergreen has something to say to these people.

Why do you believe life right has an advantage over sectional title?

The sectional title village developer carries no incentive to build or manage communal, residential and operational components with cost efficiencies and sustainability in mind.

Once the village is built, the developer walks away.

A managing agent looks after village maintenance and management — his

costs and profits are covered by levies. For future refurbishments or buildings, residents need to raise capital via special (unplanned for) levies.

In our unique life right model, the interests of Evergreen and those of our residents are aligned: owners enjoy a legal right to occupy their homes for life, which get sold as part of their estate. All village facilities remain an asset of Evergreen.

Evergreen Lifestyle Villages keeps village finances and levy inflation in check, and communal facilities and gardens in pristine condition. We also provide quality health and frail care, security, top-class hospitality, and maintenance. Levies are established two years in advance and there are no other costs. Our goal is to cover operating costs and not to make a profit.

How does Evergreen’s approach help to overcome retirees’ financial constraints?

When we sit down

with buyers, we have the flexibility to tailormake their purchase according to their financial circumstances and goals — in many instances, reducing the asking price to match the capital they wish to commit to purchasing a home and capital they need to support their lifestyles.

Surely a lower capital value will reduce the value of one’s estate?

The world is changing: people live longer and the idea of being able to leave your home as a legacy is not practicable for many people.

Having sacrificed greatly for the education and support of their children, enjoying life, remaining independent and not

becoming a burden to one’s children requires a plan.

Having invested in making your home your prime asset you must make your prime asset work for you. In this sense it is the perfect lifestyle product — everything you want from retirement, structured to suit your pocket for the duration of your and your spouse’s lives. Also, a life right purchase means no bond registration fees, transfer duties and no VAT payable.

What would you say to prospects about the Evergreen life right model?

Moving to Evergreen should be a very smart move in terms of one’s cost of living.

Also, the lifestyle with its vibrant sociability, security, healthcare and affordability is extremely valuable. The alignment of everyone’s interests means that we are striving towards common goals. This is the secret to a stress-free, fully supported and enjoyable lifestyle and it is perfectly aligned with the constraints, needs and goals of a large portion of today’s retirement market.

GET IN TOUCH Evergreen Lifestyle showcase: Muizenberg, February 15 at 3pm.

Broadacres, February 23 at 11am. info@evergreenlifestyle.co.za Tel: Sharon at 021 702 3200

HOMEFRONT

COASTAL ZONE

Is KwaZulu-Natal the retirement capital of SA? Climate, coastal or country living, new developments sliding off the drawing boards ... no wonder KwaZuluNatal is aiming for the retirement capital crown WORDS: ANNE SCHAUFFER :: PHOTOS: ISTOCK AND SUPPLIED

R

etirement.

Simple concept? Not quite. Today’s retirees have different expectations and challenges. Baby boomers are likely to live anywhere from 10 to 25 years longer than their parents.

For developers of retirement villages and estates, getting the numbers to crunch while still meeting retirees’ needs, pockets and expectations is often a tricky recipe, and one of the major reasons why there has been a bottleneck of retirees and retirement options. This has been particularly applicable in hot property areas such as the KwaZulu-Natal North Coast, where property/land prices are at a premium.

The advice always given to retirees is “retire near where you live” or “don’t move away from

friends and family”. Yet available facilities — particularly affordable ones — have waiting lists of 10 years and more.

Tongaat Hulett Developments (THDev) has vast land holdings

“The North Coast in particular ticks many retirement boxes, from climate to easy access to air travel and the seaside” in KwaZulu-Natal, and the increasing clamour

by retirees for suitable developments prompted it — through Rainmaker Marketing — to conduct intensive local and international research into retirees’ fine print.

The North Coast in particular ticks many retirement boxes, from climate to easy access to air travel and the seaside. The upshot is that retirement developments are now part of the broader THDev plan.

DESIRABLE Although THDev is not the only facilitator in this space, it is driving the concept of KwaZulu-Natal as the country’s most desirable retirement capital. It is not at all far-fetched. For some time, developers have reported that up to half the interest in KwaZuluNatal as SA’s retiree haven emanates from Gauteng.

A factor affecting

financing of retirement is longevity. Globally, average life expectancy has increased by five years since 2005, and the over-60 market has been the fastest growing population group over the past five years. More retirees, living longer and stronger, also means there is often a shortfall in retirement savings. Retirees downscaling focus as much on finance as on size.

But there is good news, because ground is breaking throughout the province on retirement facilities.

Umhlanga has always had a few highly soughtafter retirement villages, but increasingly, there are villages within gated estates so a range of age groups live together or as neighbours.

Brettenwood Coastal Estate in Ballito is a good example. Sales director Peter Cameron says: “There

HOMEFRONT was a shortage of North Coast retirement products.

We wanted an estate where grandparents could live in the best retirement village in the province, and their children could live down the road in a freestanding house or within an apartment, all within the safe walls of Brettenwood.”

Phase one, two and three sold out between 2008 and 2015 — a total of 159 homes. Values have increased by 40%.

In Salt Rock, Palm Lakes Retirement Village is within Royal Palm Property Holdings’ Palm Lakes Family Estate. More than 500 homes range from full title to sectional title and flats, and there is an Aldem Health Care onsite clinic for basic healthcare services.

A medical levy includes all primary and emergency healthcare as well as emergency ambulance services, and there is optional home care and frail care services.

The Collins Group’s development, Mount Edgecombe Retirement Village — within the Kindlewood residential estate — was launched last year. With its outsourced Totalcare medical offering, proximity to a top golf course and use of all Kindlewood Estate facilities, it was guaranteed to be

popular with neighbouring residents of Mount Edgecombe Country Club.

BESPOKE The North Coast has two new developments, one high end, the other more affordable. Alongside Zimbali is Lazuli, aimed at the elite 50-plus market. Glenn Hesse, MD of Cenprop Developers, describes Lazuli as “very upmarket, brilliant location, young retiree sectional title lock-up-and-go units with sea and/or golf course views, from R3.5m to R7m”.

“We’ll have a fabulous gym, 25m heated training pool, 30m eco pool, 4ha landscaped gardens, dams, wetlands, business centre with offices to buy or rent, staff allowed, pets permitted, and a wellness/ care centre (not frail care) for short-term, five-star recuperation.”

He adds: “Picture Oyster Box-style accommodation for a few days.”

Phase one has about 100 units, the first 23 under construction; phase two will comprise 30 units, and there will be 40 freehold sites for bespoke homes.

CARE CENTRE Land at Sibaya Coastal Precinct, bordering Umdloti, is the massive multi-use development

Lazuli Coastal Retirement Estate, on the North Coast

Renishaw Hills, near Scottburgh

“We wanted an estate where grandparents could live in the best retirement village in the province, and their children could live down the road” Peter Cameron, sales director, Brettenwood Coastal Estate

Brettenwood Coastal Estate, in Ballito being strategically released to developers by Tongaat Hulett. The first retirement product is due to be launched in the first quarter of this year. “We have adopted four pillars that will be the overarching ethos in every retirement development that Carmel Care plans to initiate — lifestyle, care, security and sustainability,” says Wesley Smith of Carmel Care Properties (a division of Carmel Care), which is behind the 400-unit development.

“As a development team, our main objective is to create an opportunity where seniors can embrace

The clubhouse at Lazuli Coastal Retirement Estate

HOMEFRONT

“Picture Oyster Box-style accommodation for a few days” Glenn Hesse, MD, Cenprop Developers St John’s Village, in Howick retirement and live active, healthy lives within a lifestyle estate at a price point most suited to a larger segment of the retirement market,” says Smith.

Rainmaker Marketing’s research indicated that 27% of the market seeks a price point between R2m and R4m, and this product is tailored to meet this midmarket segment. Pets are allowed, and each unit has an allocated storage facility.

SOUTH COAST KwaZulu-Natal’s South Coast has always been considered a more affordable retirees’ haven and there are numerous retirement or lifestyle options that follow the life right model. Three Umdoni Retirement Villages are nonprofit organisations that offer affordable accommodation, but have a long waiting list.

More recent sectional title offerings include Wesley Properties’ Lakeview Lifestyle Retirement Village in Scottburgh, which offers an over-50s lifestyle estate complete with clubhouse, indoor and outdoor pools and other amenities. When complete, it will total 98 cottages, 14 one-bedroom flats and 28 bedsits, with frail care facilities at affordable rates.

Also in Scottburgh, Renishaw Hills Lifestyle Village, part of the Mpambanyoni Conservation Development, is focused on the environment. The design philosophy includes interconnected villages, solar panels, grey water harvesting, passive cooling and patios for

natural ventilation. Phase one of the plot and plan designs is complete, phase two, recently launched.

Ultimately, there will be 350 standalone homes and 170 flats. There is an on-site health service.

Says developer Phil Barker of Renishaw Property Developments: “The properties are sold under sectional title, which is a community scheme encompassing individual ownership of properties (via title deed) plus an undivided share of common property.”

However, there are other options for buyers.

There are excellent options in the Upper Highway area — Hillcrest Country Retirement Estate; developers Roy Alderdice and Julian Beare’s Rob Roy Luxury Retirement, where phase four of 16 flats, called Inverness, has recently launched; and the over50s lifestyle village of Le Domaine in Inanda Road.

400-unit Amberfield Village. That was followed

by Amberglen and Amber Valley (completed by the Taylors’ associate, Terry Aupais). The last 30 units of Amber Lee are planned for this year.

CO-OPERATIVE Armstrong says Amber Valley was the beginning of the Greater Ambers, a complex of independent sectional title villages (Amber Valley, Ridge, Lakes and Lee) co-operating to their mutual benefit in the sharing of services, facilities and management

MIDLANDS But the retirement capital of KwaZulu-Natal is Howick.

From a tiny village fringing the Midlands, it has become the choice of retirees from Pietermaritzburg, Gauteng and other parts of SA in equal measure.

Affordability, pricing, climate and country living are the drivers.

Vaughan Armstrong, director of Logivest 9, the company which developed Amber Ridge, Amber Lakes and Amber Lee villages, part of the Greater Ambers retirement complex, says Howick began as a retirement destination in 1989 when Ian and Rob Taylor developed the

Le Domaine, in Hillcrest

personnel. “This cooperative arrangement results in minimal duplication of facilities and services. It also results in substantially reduced levy payments because of the economies of scale of contributions towards operating and maintenance costs from the residents of about 1,100 houses.”

The average size of units in the Ambers is about 155m 2, with two bedrooms, two bathrooms, a study and a double garage. Such a unit in 2016 sold for R2m. Purchasers in the early phases of Amber

Valley have seen an annual escalation in the value of more than 15%. Many units are rented out.

Hesse is developing St John’s Village, a multigenerational, multiuse country-style estate where fishing, designated vegetable/herb allotments for residents, pets, The Orchard House coffee shop and more replicate village life. “It’s ideal for families, either in The Vineyards as one huge family unit in a larger home or separately with grandparents in The Arboretum or The Orchards and the younger family in

The Vineyards,” says Hesse.

There are a range of options: sectional title, freehold sites to design and build a home within architectural guidelines, or ready-built homes from subdevelopers. Hesse says The Meadows will be released in April or May, a “pocket” focused on families with children.

Completed houses sell for between R1.795m for a freestanding, sectional title unit and R3.6m for a double storey family home. When it comes to retirement in KwaZulu-Natal the market is there and growing.

sse.

m

n. or

tle ble en

ket

BLUE

CHIP

A beautiful piece of history on 3 separate erven. A majestic property. Authentic and of true character.

Presented to perfection. Spectacular mountain views. Separate cottage.

UPPER CONSTANTIA

R29 500 000

CALL FAY LAMOND 083 658 2226 BLUE CHIP PROPERTIES, FIRST FLOOR, CONSTANTIA COURTYARD • 021 7940266 • www.bluechip.co.za • property@bluechip.co.za

IT’S YOUR TIME TO PLAY When you choose to make The Plettenberg Manor your new home, you choose peace of mind, quality of life and a luxurious lifestyle.

Make Plettenberg Bay your playground.

Luxury homes, exclusive cottages & assisted living suites | Healthcare centre with frail care facility | Clubhouse with restaurant, ladies bar, coffee shop, convenience store, hair & beauty salon, library, gym & swimming pool | Walking trails, bowling green, access to beach & bird hides | High-tech security system with perimeter fencing, motion detectors, CCTV cameras and 24-hour manned security www.theplettmanor.co.za artist’s impression of clubhouse interior

The Plettenberg Manor is the latest addition to a proud Retirement Portfolio by the Devmark Property Group. The development will consist of all the best elements and practices, based on 26 years of experience in the retirement market segment, where over 2300 retirees have put their trust in Devmark.

artist’s impression of 3 bedroom exclusive home

artist’s impression of 3 bedroom exclusive homes

HELEN WARD

044 533 1589 | 083 309 9759 helen@helenmelonproperties.co.za The sales office & show house are open Tuesday, Wednesday and Thursday 10h00 - 15h30 or by appointment.

FOCUS ON: REEFLORDS ADVERTORIAL

Luxury apartments at affordable prices Spanning the Reef, from east to west and out north, Reeflords offers a choice of well-appointed, well-priced homes WORDS AND IMAGES: SUPPLIED

R

eeflords Property Development is a growing property development company registered in 2011. Its objective is to become a significant player in the South African residential (freestanding homes, medium density and mass scale, multistorey housing, retirement complexes and affordable homes) and commercial development markets.

THE WEST END Located near Vodaworld and Carlswald Lifestyle Shopping Centre in Midrand, The West End is an exclusive investment opportunity. These apartments have a prime location and are available at market-leading prices, with zero transfer cost guaranteed as well as zero bond cost (terms and conditions apply).

DEVELOPMENT FEATURES

Royal Reef West — launching March 26

• 896 units • One to two bedrooms with one bathroom • Starting from R602,700 • Two to three bedrooms with two bathrooms • Starting from R951,600

DEVELOPMENT AMENITIES • • • •

Clubhouse Swimming pool Gym Recreational room

ROYAL REEF WEST Introducing Royal Reef West, situated in the upscale suburbs of Boksburg. It is to be launched on March 26.

Want to soak in the afternoon sun and play a round of golf at a tranquil golf club on your door step? Want a modern lifestyle but at the same time keep a touch of South African heritage within the same complex? Want to enjoy serenity but have all modern conveniences (schools, shopping centres, hospitals, major routes) around you? Want to invest in property but can’t yet afford anything more than R1m?

If your answer is “yes” to all of the above, then look no further. This development is for you.

The masterminds of a professional team have ensured that you will have a relaxed and comfortable lifestyle. This elite development is a one-of-akind venture with a holistic

approach to suit your lifestyle, with zero transfer cost guaranteed as well as zero bond cost (terms and conditions apply).

DEVELOPMENT FEATURES • 256 luxury apartments • One to two bedrooms with one bathroom • Starting from R507,600 • Two to three bedrooms with two bathrooms • Starting from R902,400

DEVELOPMENT AMENITIES • Full fibre optic network coverage • Enclosed garden units • State-of-the-art landscaping • Clubhouse • Gym • Swimming pool • Kids’ play area • Prepaid electricity • Biometrics (fingerprint access control)

ORCHID RIDGE Orchid Ridge is conveniently situated in the hub of the north-western suburbs of Johannesburg, in Randpark Ridge, at the corner of Beyers Naudé Drive and CR Swart Road.

This gem of an investment is close to nature reserves,

FOCUS ON: REEFLORDS

schools, churches and shopping centres, and is central to most other areas in the region.

A unique architectural design approach includes opulent elements. The development is an amazing opportunity for both investors and firsttime home buyers.

DEVELOPMENTS NOW SELLING The West End in Midrand

DEVELOPMENTS LAUNCHING THIS YEAR Royal Reef West in Boksburg, launching March 26 Orchid Ridge in Randpark Ridge Midview Garden in Midrand

MIDVIEW GARDEN At Midview Garden, luxurious sectional title apartments in Carlswald, in Midrand, with one-, two- and three-bedroom luxury apartments are launching this year.

SOLD-OUT DEVELOPMENTS The West End — selling now

Kengies Square — one unit left

The View in Dainfern Kengies Square in Fourways

GET IN TOUCH

Orchid Ridge — launching 2017

The View — sold out

Reeflords Property Development Tel: 011 516 0057 / 011 702 3076 reeflords.co.za The West End: Kyle Ludlow Tel: 076 259 4187, kyle@reeflords.co.za Claire Store Tel: 060 993 2574, claire@reeflords.co.za Royal Reef West: Eduan Janse Van Rensburg Tel: 079 431 6194, eduan@reeflords.co.za

HOMEFRONT

TRENDS

The changing face of retirement Five global and local trends show how the retirement accommodation landscape is changing WORDS: GEORGINA GUEDES :: PHOTOS: ISTOCK AND SUPPLIED

G

one are the days when a retirement home was simply a series of rooms along a long dark passage. The world of retirement accommodation is evolving, with the appearance of resort options, greater community engagement and investment opportunities for nonretirees. More and better options are becoming available as the retiree population grows and care groups and developers are giving them what they want.

According to the Statistics SA Profile of Older Persons in SA, 8% of the population is older than 60, but a further 16% is older than 50, which means that within the next 10 years, the retirement population is set to double.

Add to this that the country is an increasingly popular destination for foreign retirement, especially among highend luxury retirees, and it quickly becomes apparent that the retirement accommodation market will grow and evolve in the years to come.

1. THE GROWING NEED FOR DEMENTIA CARE As medical science improves, people are living longer and there are more cases of patients with dementia. These patients require care in specialised facilities that respond to their specific needs and anxieties.

A leader in this space in SA is the Livewell Group, which offers awardwinning dementia care in Bryanston, Johannesburg and Somerset West in the Western Cape.

“Dementia care villages are becoming more popular internationally, focusing on making the environment as homely and comfortable as possible,” says LouAnn van Heerden, an occupational therapist at the Livewell Group.

“We have responded to this by adding homely task-orientated groups.

Currently we are implementing a new activity group which creates a sense of helpfulness and initiates interaction between the staff and residents.”

These activities include gardening with gardeners or taking part in kitchen activities with kitchen staff.

Tokai Retirement Estate in Cape Town also offers Alzheimer’s and dementia care. “The healthcare facility has been designed to be as flexible as possible in dividing the space into

different care zones. This means that if there is an increase in one kind of specific need such as Alzheimer’s and dementia care, this section can be increased in space,” says Ian Gray, Craft of Architecture co-founder and Tokai Estate’s designer.

In Holland, the Hogeway Dementia Village has areas designed to seem as if they are from the 1950s, 1970s and 2000s so residents can feel “at home” in the era in which their shortterm memories failed them.

Their carers are dressed as gardeners or other villagers. As a result of these un-institutionalised facilities, residents require fewer medications, eat better and live longer.

2. RESORT-STYLE RETIREMENT Estate living has taken off in SA, with high-end

developments offering the best in luxury features, bespoke living space design, leading amenities and even internal schools, offices and shopping centres. Because of the expansiveness of these kinds of estates, it is possible for them to offer many different types of accommodation, some of which are retirement villages — no longer separate, but now a part of the estate.

Val de Vie Estate marketing director Ryk Neethling says that while some retirement villages are near luxury estates, Val de Vie is developing a large-scale retirement village in the greater residential estate.

“Therefore, not only will residents of the retirement village have access to their own clubhouse and facilities, but also to the extensive list of amenities at Val de Vie,” he says.

These include polo and equestrian facilities, fitness centres, various trails, the Pearl Valley Jack Nicklaus Signature Golf Course and restaurants.

Of course, it is not necessary to be integrated into an existing estate for a retirement village to have ultra-luxury features, and standalone developments such as Oasis Retirement Resort in Century City or Tokai Estate offer health spas, gyms, clubhouses and entertainment venues along with beautifully

designed residences.

Tokai Estate, for instance, offers home owners five housing layout options and imported European kitchens. Gray says various high-end extra amenities are on offer at The Clubhouse, a communal space designed with a “five-star hotel look and feel”.

Another example is the 54ha eco-estate, Monte Christo Retirement Village on the Garden Route close to Mossel Bay. Phase four of De Caravel, within the estate, offers eight threestorey flats with sea views and the resident’s choice of layout and finishes.

3. COST DRIVES ATHOME CARE OPTIONS At the Retirement & Lifestyle Expo held in Cape Town in February 2016, it was discussed that the traditional frail care or care centre within retirement villages would diminish over the next decade, with residents being encouraged to “age in place”. The care services residents may require will be provided in the comfort and privacy of their own homes in their villages.

“Because both traditional assisted living and care centres are the more expensive components of a village, villages of the future will have to consider care in all units to prevent the current shortages in care availability from recurring

HOMEFRONT “There is a growing trend in retirement care for greater integration between retirement villages and their surrounding communities” Livewell Village suites, Bryanston

Livewell Village suites, in Bryanston and to be relevant and financially viable,” says Marelize van Rooyen, marketing director at Retirement Villages SA.

4. COMBATTING LONELINESS There is a growing trend in retirement care for greater integration between retirement villages and their surrounding communities, instead of closing residents behind high walls. The Livewell Group has an award-winning outreach programme that makes sure its dementia patients (who traditionally need a more secure environment) do not feel isolated inside their care homes.

“At Livewell, we use the Eden Alternative as one of our core models of care, thus ensuring that our residents don’t experience loneliness, boredom and helplessness,” says Van Heerden. “Through our Outreach Programme, each week, Livewell residents visit animal shelters, orphanages and other organisations to give back and spend time with the less fortunate, which instils a feeling of giving and meaning.”

Livewell also employs companions from the community to spend time with the residents, doing activities such as shopping, hair appointments, board games, going for coffee and cake or just taking a walk.

This is also the thinking behind the integration of facilities at Val de Vie. Says Neethling: “To have family nearby, to know that you are able to support one another in person and to share a secure and laid-back lifestyle — this is what so many people long for and I believe that security and lifestyle estates around the country have taken note of this demand.”

Many villages and

estates, including the Harfield Retirement Village in Cape Town, also now allow pets for companionship.

5. RETIREMENT ACCOMMODATION AS AN INVESTMENT Murray Collins, a director of the Collins Group, says there is a huge demand for retirement living but a lack of supply, and so developers are starting to focus on the retirement

“Dementia care villages are becoming more popular internationally, focusing on making the environment as homely and comfortable as possible” Lou-Ann van Heerden, occupational therapist, Livewell Group

Tokai Estate, in Cape Town

Livewell Village suites, in Somerset West space. This means that the people buying into retirement villages are no longer only the retirees themselves, but investors who want to take advantage of this growth opportunity.

The group’s Mount Edgecombe Retirement Village in KwaZulu-Natal offers opportunities to a range of investors, from those who are looking to retire now or later, to those who are simply looking to

invest in property.

“What few people understand is that some of the better retirement developments are experiencing capital appreciation and rental yields that far exceed traditional residential stock. Retirement developments provide some of the best investment and future planning that one could possibly hope for,” Collins says.

At established retirement estates in Umhlanga, for example, certain units have appreciated by more than 200% over a two-year period and rental income, on a moderately sized threebedroom unit, fetches from R16,000 up to R20,000 per month, he says.

“This makes for an exceptionally strong and stable annuity income once the unit is paid off,” says Collins.

HOMEFRONT SURVEY

What do retirees want?

What is important to South Africans looking to retire? One survey provides some insight WORDS: ANNE SCHAUFFER AND SUPPLIED :: PHOTOS: ISTOCK

“I believe that we’re going to see a shift away from real estate as ‘I own it’ or ‘I rent it’ to being about a service offering. Call it an ‘Uberisation’ of real estate” Michael Deighton, MD, Tongaat Hulett Developments

R

etire KZN is a digital research campaign commissioned

by Tongaat Hulett through Rainmaker Marketing. The aim is for retirees to register their interests, needs and desires when it comes to retirement accommodation and lifestyle. The campaign also aims to promote KwaZulu-Natal as the retirement destination of SA. To date, there have been 1,700 registrants.

But the results also reflect the needs of modern South African retirees in general.

Survey results so far have defined three main features: Security Pet-friendly A clubhouse Retirees also want the following: Almost half of would-be retirees have a desired

price point of R1m-R2m.

44% look for freehold opportunities; a similar amount look for sectional title; the balance consider life rights.

60% look for a two-bed option, and want garaging and storage.

Garden units dominate demand, preferably freestanding over semidetached.

Sunny north-facing homes are preferred over sea views.

INSIGHTS Michael Deighton, MD of Tongaat Hulett Developments, on their retirement insights: “I believe that we’re going to see a shift away from real estate as ‘I own it’ or ‘I rent it’ to being about a service offering.

Call it an ‘Uberisation’ of real estate. So, if you’re a student, maybe you’ll want a welllocated room. And you’ll want other amenities and

social interaction, possibly a launderette and shop. It’s the same for the elderly.

“One of the results of the campaign was the overwhelming dominance of a preference for sectional title or freehold, with 25% interested in life rights for

retirement. Life rights are so much more flexible to package as a financial solution. There are so many more opportunities with life rights. It’s not that different from what you offer students or first-time home owners, where you want a real-estate

Live

INVEST Capitalise

Pam Golding

To be part of the ultimate residential address, please contact: Peet Strauss 083 675 1212, peet.strauss@pamgolding.co.za Victoria Russell 074 683 1222, victoria.russell@pamgolding.co.za Tersia Taljaard 063 695 7571, tersiat@amdec.co.za pamgolding.co.za/melrose-arch

solution that fits your current life stage.

“Personally, I think we’re going to see a revolution in this space in the next three to five years. It’ll be about a residential solution. And it’ll be about reducing barriers to entry.”

Arrive as Family, Live with Dignity and Purpose

Luxurious surroundings

Specialised dementia care

Since 2011, the Livewell Group has been at the forefront of dementia and Alzheimer’s care in South Africa. We are motivated by a personal and heartfelt concern for the dignity and care of our elders and our efforts continue to be encouraged by the strong market need for specialised individual care. With our villages conveniently located in Somerset West and Bryanston, Livewell provides outstanding residential memory care to families across Southern Africa. At our villages, residents enjoy luxury suites, the attention of Livewell companions, and personalised 24-hour care.

Our secure and sophisticated villages welcome live-in spouses, encourage freedom of movement both outdoors and indoors and are pet-friendly. Activities are tailored to the individual and focus on creative, cognitive and sensory stimulation.

Livewell offers multiple support groups each month in different areas. These groups provide a warm and loving environment for families who want to learn more about dementia and also gives them the opportunity to seek advice. Information about future groups can be found on our website. Please feel free to visit Livewell for a personal tour of our villages.

Somerset West 41 Lourens Street | Tel: 021 851 6886

Bryanston: 113 Mount Street | Tel: 011 463 8212

enquiries@livewell.care | www.livewell.care

ay pm w 2-5 r y e a d nd un ILY Su , n t i o W D A 10-2pm c u s t r S H O turday n Sa Co ON m, Mo

n-

Fri

10

-5p

No w s e l l i n g f r o m

R 2 249 000 175 m 2

Situated in Somerset West, Acorn Creek Lifestyle Estate brings together all the comforts of modern living together with the tranquility of its natural setting. The contemporary village

by MSP is a move to sustainability, with energy-eďŹƒcient technologies, urban design that fosters community, jogging trails and cycling paths, and orchard groves to inspire organic All designed in harmony with the natural creek that meanders through the property.

JanĂŠ du Toit 076 040 8169

jane@msp.property

Melissa Le Roux 072 920 0593

Designed with your wellbeing in mind.

m e l i s s a l @ m s p . p ro p e r t y

msp.property

Situated in the Cape Winelands, Zevenwacht Lifestyle

explore. Whether you choose a free-standing lifestyle

retirement living. Embodying South Africa’s abundant

nursing care will provide the peace of mind you need to

home or an apartment, our market-leading, 24-hour live life to the full and enjoy the retirement you’ve earned. temperate weather and an endless array of activities to

Wellington Paarl

N7

Durbanville

Cape Town

R44

Monday - Saturday: View by appointment R102

Bellville

Sunday: On Show 14:00 - 17:00

Kuils River

Zevenwacht | Northern Suburbs | Cape Town Stellenbosch

M3

M7 R102

Franschhoek

R44 M5

M3

Somerset West

Muizenberg

Strand

Sunette Schlemmert | Francois Schlemmert 082 656 2852

|

082 441 6031

zevenwacht-lifestyle-estate.co.za Email: shani@linetteteepe.co.za

Gordons Bay False Bay

R E T I R E M E N T The images, perspectives and finishes shown in the advertisment are merely impressions of the proposed development and are therefore subject to change at the developer’s discretion. The developer will not be held liable for any changes.

HOMEFRONT PROPERTY NEWS

Top City Bowl price for Higgovale property

T

he sale in December of a four-bedroomed, three-bathroomed house in Cape Town’s Higgovale for R21m, with the sale of the adjoining vacant land for R5m, was the highest combined selling price for the City Bowl last year.

The home and the land were owned by the same person, and the sales were made by Greeff Christie’s International Real Estate in December 2016.

Says André Stassen, the agent who concluded the sales: “The exceptionally beautiful Higgovale property has panoramic views, sweeping across the City Bowl from Table Mountain’s

cable car, to encompass Devils Peak, Table Bay, the Waterfront and Signal Hill, to Lions Head.

“While the buyers were local, they spotted the property being advertised in the New York Times

by Christie’s International Real Estate.”

Greeff Properties is the exclusive Cape affiliate of Christie’s International Real Estate.

Stassen says the profile of buyers in the City Bowl is shifting towards high-earning young professionals drawn to luxury properties in the prime area.

Says Greeff Properties City Bowl director Ryan

Greeff: “More and more buyers want to live closer to the city centre in order to avoid hours spent in traffic. They also want to feel connected to the hub of city life.”

Price wise, demand for middle-range houses in the City Bowl, priced in the R6m-R10m category, will continue to be strong and is expected to exceed supply, he says.

“There has been an exponential jump in value over the past two years in this sector, with the average selling price for freehold properties in Higgovale jumping from R8.9m in 2014 to about R15m in 2016, according to Lightstone.”

New development meets growing demand in Franschhoek

A

new sectional title development in Franschhoek is breaking ground in March and will provide 34 accessibly priced units. Says Bev Malan, principal of Lew Geffen Sotheby’s International Realty in Franschhoek: “In a town where apartments account for less than 5% of all properties with the most recent development being 12 years old, these exceptional units present a rare investment opportunity.”

For sale off plan, La Bourgette is a secure, walled complex of contemporary Cape Georgian design. The 104m² two-bedroom, two-bathroom units each have a patio or balcony and covered carport.

Says Malan: “And, priced competitively at R2,352,801 including VAT, these apartments offer exceptional value as apartments of this standard usually range between R2.5m-R4.5m depending on size and location.”

Richard Lewis, CEO of developers Lewis Manhattan, says they have

Sectional title mildly stronger

S

ectional title homes have posted some superior price growth performance compared with full title over the period 2012-16. Given recent market weakness that has set in, it is not clear whether this performance differential will continue this year, according to the FNB Property Barometer Housing Price Indices by Segment, published last month.

Although the FNB Sectional Title House Price Index remained at a slightly faster growth rate than the full title, ie 4.9% year on year (from a multiyear high of 8% in Q3 2015) against full title’s growth of 2.81% (from a multiyear high of 6.7% in Q4 2015), both house price indices were experiencing slowing growth.

Says FNB household and property sector strategist

John Loos: “While we haven’t seen a narrowing in the price inflation differential between sectional title and full title just yet, our panel of valuers appears to perceive the sectional title market to have been cooling off a little more significantly than the full title market.”

Examining deeds data transaction volumes in two out of the first three quarters of 2016, full title volume growth was higher than that of sectional title.

In the sectional title segment, “smaller was still better” in Q4 2016 when comparing the relative strength of the various subsegments, although all subsegments have been slowing and the performance gap between the segments has been narrowing.

Sectional title dominated the market across

Cape Town’s Atlantic Seaboard in 2015, says Lew Geffen Sotheby’s International Realty.

Brendan Miller, the group’s Atlantic Seaboard and City Bowl CEO, says this was clear in recent Propstats data: “In 2015, there were 466 sectional title sales with a total value of R2.57bn and 196 houses worth R2.4bn changed hands.

“However, during the first 11 months of 2016 ending November 30, 475 sectional title sales worth R2.136bn were concluded and just 145 house were sold, but at a combined value of R2.13bn.”

Both segments continued to soften late in 2016, according to the FNB Barometer. To date some of the key performance indicators still put sectional title as mildly stronger than the full title segment.

Sectional title v full title market house price growth

40%

30%

had an “overwhelming response” since the project’s launch.

“Our extensive research confirmed our belief that there is a strong need for accessibly priced upmarket accommodation in the

village and we anticipated that the development would receive considerable interest. But with 12 confirmed sales during the first month alone, it has definitely exceeded our expectations,” he says.

Full title Y/Y%

20%

10%

Sectional title Y/Y%

0% 2002 2004 2006 2008 2010 2012 2014 2016 -10%

New chair for Atterbury Property Fund board

A

llen Swiegers has been appointed chairman of the Atterbury Property Fund board of directors.

Positioned to add

value to the property development and management company’s newly launched real estate holding fund, Swiegers’ career started 33 years

ago with Deloitte after he completed his BCom degree and his BCom (Hons) (Acc) and CTA at the University of Pretoria.

Swiegers served as a

Deloitte board member and on the executive committee in 2005. He was chief operating officer of Deloitte Southern Africa and then held

the same title at Deloitte Africa.

In 1997 Swiegers was responsible for the development of Deloitte’s then new Pretoria office.

While at Deloitte, he rented 19 buildings across southern Africa from eight landlords as well as developed seven buildings with seven developers.

H

HOMEFRONT PROPERTY NEWS

Highland Gate sales pick up

C

onstruction of homes is well under way at the 774ha Highland Gate Golf and Trout Estate outside Dullstroom in Mpumalanga.

When completed only 40% of the footprint will be developed, with 445 homes in total. It will be the only estate in the area with a golf course.

Says Anton Greeff, area principal in Dullstroom for Pam Golding Properties: “The estate is fully fenced and gated, services installed, roads and clubhouse completed and the Ernie Els designed golf course fully operational and already extremely popular, being almost fully booked throughout the week. Currently 25 homes are completed with another eight in the process of being built.

“Since July 2016 the demand for properties in Highland Gate has increased and in several recent months alone we concluded the sale of 12 stands for resale.”

Highland Gate is being

developed by Century Property Developments, which also launched Waterfall Country Estate & Village. New World Wealth rated Highland Gate as one of SA’s top 10 estates, says Greeff.

Greeff believes resale stands are very competitive, averaging in price from about R350,000 to R550,000 for 875m 2 .

They were originally purchased for between R500,000 and R1m. “This presents an opportunity for speculative building as the market is large for weekend and holiday rentals. Catering for golfers, one could easily achieve a rental income of R20,000 to R40,000 on homes with two to four bedrooms.

Developer stands are also

now selling from R675,000.”

Adds Century Property Developments CEO Mark Corbett: “We recognised a remarkable opportunity to leverage what we believe is among the finest golf designs in the country and open it to the public by launching a strategic investment strategy. This includes completing the development infrastructure

and constructing a new 12km tarred access road and state-of-the-art golf clubhouse, unlocking true value for investors.”

Buyers are mostly from the surrounding large cities such as Nelspruit, Pretoria and Johannesburg, acquiring properties mainly for leisure purposes and spending between R4m and R7m on building luxury homes.

Home is where the heart is.

Find yours now.

Search 1000’s of fresh properties everyday.

A home for everyone www.privateproperty.co.za

RETRACTION In Business Day Homefront January 27 issue Century21 was incorrectly named as the developer of the Highland Gate Golf and Trout Estate. The developer is Century Property Developments.

We apologise for the error.

BRYANSTON

Luxury Apartments

2,3 & 4 bedroom units from R3.3 MILLION

Close-by amenities 1. Virgin Active - 280m 2. Nicolway Shopping Centre - 900m 3. Hobart Shopping Centre - 900m Brescia House - 2km Bryanston Shopping Centre - 2.8km St Stithians College - 3.8km Sandton Mediclinic - 3.2km Riverclub Golf Club - 5.2km St Peters School - 9km

Bruton Rd

Bryanston Cross F?d

� / Sandton

Contact Brendan

M 073 343 2449 T 0861 777 725

brendan@curriegroup.co.za

Prime location / / / / / / /

North-facing bedrooms Centralized water heating system Basement parking Lift access 24hr security Swimming pool Direct gym access

m IYID PROGRmBINPROPSrrV

-tltlPap@eorgiou ARCHITECTS & ASSOCIATES INC.

thewinstonjhb.co.za

Currie Property Expertise since 1887

HOUGHTON 2017

AN EXCITING

NEW RELEASE

25%

MORE SPACIOUSNESS & GRANDEUR IN TEN OF OUR THREE-BEDROOM EN-SUITE APARTMENTS

Our last phase of penthouses and three- and four-bedroom luxury apartments are ready for occupation. We are near final completion so don’t lose out on a great lifestyle opportunity

YOU DESERVE TO LIVE ONE OF THE BEST LIFESTYLES IN AFRICA Come and experience it from the rooftop of apartment 12720. Available daily for viewings

Houghton on 12th, 53 Second Ave, Houghton | Show apartment 12720 ALAN BECKER 082 718 8100 | alan@thehoughton.com WARREN BECKER 082 302 3004

|

I n t e r i o r D e s i g n