HOMEFRONT 13 OCTOBER 2016 WWW.BDLIVE.CO.ZA 13 JULY 2018 WWW.BUSINESSLIVE.CO.ZA
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The art of lighting design PAGE 2
Apartment gems on the North Coast PAGE 10
Rental sweetener for hotel buy-in PAGE 14
Balugha River Estate, near East London
Investing in the great outdoors Resorts and more near Tinley Manor
Eco-estates that offer roaming wildlife or equestrian facilities are changing the face of security estate living for many South African residents
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HOMEFRONT DESIGN
The brilliant brigade Two inspired husband-and-wife design teams are stamping their signatures on local lighting WORDS: HILARY PRENDINI TOFFOLI :: PHOTOS: SUPPLIED
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new lighting concept is taking over today’s homes. Lights are becoming functioning artworks. It’s a move embraced with cool, gritty ingenuity by some of SA’s most innovative designers, who are creating sculptural pieces that can stand alone as objets d’art while at the same time lighting up living spaces.
Dokter and Misses THE evocatively named Moonjelly range by Dokter and Misses is the latest modernist creation from celebrated Johannesburg design virtuosos Adriaan Hugo and Katy Taplin. What they jokingly refer to as their “jellies” are whimsical glass orbs draped like Dali’s melting clocks over angular powdercoated steel structures. These lights blur the line between art and function in much the same way as the couple’s acclaimed Kassena cabinets, whose geometric patterning was based on the decorated adobe architecture of Burkina Faso’s Kassena people. Ngwenya Glass artisans in Swaziland use recycled glass to hand blow each Moonjelly globe in a draped
shape. Then the designers’ 13-strong team make the metal frames in their north Doornfontein workshop and custom-cut each lamp fitting. “It’s a lengthy and involved process but it’s the only way for us to achieve these great dreamlike shapes,” Adriaan says. “We run production in batches, so these jellies can be bought off the floor, and we take orders for larger consignments.” Dokter and Misses’ Johannesburg showroom is in recently opened 99 Juta design hub in Braamfontein, and at Guild in Cape Town. The couple bring differing design skills to their projects, whether lighting, furniture or decor accessories. Katy studied graphic design at the University of Pretoria and
Adriaan studied industrial design at the then Wits Tech. Now both 35, they merged their talents 10 years ago to open their first studio at 44 Stanley in Johannesburg. It wasn’t long before they were winning awards and appearing at design fairs in Dubai, Miami, London, Basel and New York.
ROLES “While we collaborate on every project,” Katy says, “after conceptualisation, one of us is usually more involved in driving it forward. We have different roles in the company so our involvement in a project is organically determined.” Katy says they never follow trends because they would always be playing catch-up. “Sometimes it just happens that our work is on top of the zeitgeist wave and sometimes at the bottom but we do what makes us
“What they jokingly refer to as their ‘jellies’ are whimsical glass orbs draped like Dali’s melting clocks over angular powder-coated steel structures”
happy. The upside is that we’re still selling products designed 10 years ago.” There are disadvantages to working as a couple. But they do not allow it to limit them. “When things get tough or busy we feel it at the same time. But we find places for that creativity to exist, or at least we try,” says Katy. “Our projects range from utilitarian to sculptural, and while each project generally has quite different outcomes, they all require creative problem-solving to be successful.”
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Egg Design
“At Maison & Objet in Paris last year they showcased their Primal lighting range featuring an indigenous treasure they believe is underrated, the ostrich egg”
“I like to feel comfortable regardless of how fancy the food is, so it was absolutely intentional to bring in an informal feel” Liam Mooney, Liam Mooney Studio
PRODUCED BY BLACKSTAR PROPERTY PUBLISHING 1st Floor, Block H, Sable Square, Cnr Bosmansdam and Ratanga roads, Milnerton, Cape Town 021 447 7130
A EDITORIAL TEAM Editor: Kim Maxwell Designer: Samantha Durand
Durban interior designers Greg and Roché Dry of Egg Design have been in business since 2001, exploring what goes into creating original spaces for a variety of clients. In the process these free spirits have produced an eclectic collection of furniture and lighting inspired by what Greg describes as “the rawness and beauty of Africa”. It ranges from the classic and sophisticated to the unashamedly alternative. In their KwaZulu-Natal workshop they have a team of seven. Five years ago the couple opened an Egg store in Johannesburg and have since moved to a large showroom in Parktown North. Determined to incorporate SA’s cultural heritage in their designs, they drew on Zulu bead and wirework for their latest lighting range, involving craftspeople from KwaZulu-Natal’s community-based Woza Moya. At Maison & Objet in Paris last year Egg Design showcased their Primal lighting range featuring an indigenous treasure they believe is underrated, the ostrich egg. Greg describes them as God’s porcelain — “uniquely African and part of our DNA”. The Surilight chandeliers they exhibited at London’s 100% Design were inspired by the crafted ear adornments of Ethiopia’s Suri tribe. “These lights
are a series of interlocking circles that allow you to build your own chandelier and create an elegant dripping cascade of crafted rings,” Greg says. It has been a great success for Egg Designs due to its diverse customisation options in colour, size and shape. Showing their furniture and lights across the globe from Paris to New York, Tokyo and London has allowed them to increase their brand exposure internationally. “Our greatest successes have been our ongoing interior design projects and furniture and lighting ranges,” says Roché.
CHALLENGE Greg says their biggest challenge as designers in a developing nation is the need to be not only the designer and maker, but also the logistics manager, accountant and marketing guru. “These challenges make you grow and become competitive. Each year we get better.” While Greg and Roché have their own views and styles, when they work together they somehow create something that represents both, he says. “Roché is super practical and methodical, very well planned and detailed. I’m more organic. Minimal design. Yet it just works for us. It can seem we’re poles apart but in the end it’s always a true marriage of ideas.”
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HOMEFRONT PROPERTY TREND
Investing in the great outdoors Eco-estates that offer roaming wildlife or equestrian facilities are changing the face of security estate living for many South African residents WORDS: GEORGINA GUEDES :: PHOTOS: SUPPLIED
Royalston Coastal Wildlife Estate, Port Elizabeth
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odern residential estates are not only about the type of homes and security. Often, these sprawling developments incorporate open parkland, wildlife sanctuaries and equestrian spaces, to give urban residents a sense of getting away from it all. Chief among these are eco-estates. “Eco-estates have become the trend in developing real estate — particularly in areas rich in natural beauty,” says RE/MAX of Southern Africa CEO and regional director Adrian Goslett. He calls the eco-estate the Tesla Model S of real estate. Aside from being attractive and environmentally friendly, these housing developments have a sustainable lifestyle focus and have been built around some form of nature conservation. RE/MAX Bushveld owner Loua Boshoff agrees on what drives eco-estate buyers. “It’s a lifestyle decision. People move to these estates to enjoy a quieter existence — to escape from the hustle and bustle of the urban jungle and to enjoy outdoor activities.” This type of estate has popped up across SA, particularly along the North
Coast of KwaZulu-Natal. Says RE/MAX Dolphin Realtors broker/owner Simon Peacock: “As more of the area is developed, there has been increasing demand for lifestyle or eco-estate living. We have had the privilege of being involved in the sales on most estates along the Dolphin Coast, including Simbithi Estate, Zimbali Coastal Estate, Dunkirk Estate, Brettenwood Estate and the latest launched, Elaleni, an exclusive estate in Sheffield Beach.”
RESIDENT PROFILE John Bredenkamp, committee member of Boskloof Eco-Estate in the Helderberg basin near Somerset West, says these estates appeal because of their proximity to nature. “Eco-estates allow a resident to walk into a natural environment from their doorstep.” He says residents in Boskloof are health- and natureconscious, and place a premium on privacy. “The average age is about 40, with no children and middle to high income.” Brian Macaulay, a sales executive at Zandspruit Bush & Aero Estate in Hoedspruit, Limpopo, says the estate’s buyer profile ranges from 35 to more than 70, with a 50:50
Boskloof Eco-Estate, Helderberg basin, Somerset West South African:overseas investor split. “There are many reasons for buyers looking at eco-estates, ranging from security to space, tranquillity, wildlife and equestrian facilities.” The setting and ecofriendliness are key factors for clients of Neil Tucker, principal agent for Grip Realty, which sells homes in Breakwater Bay in George. He says these homes appeal to higher net worth clients, nature lovers and in many cases those who wish to be more self-sufficient by investing in solar energy and water-harvesting
systems. “Another overriding factor is the sheer beauty of the estate,” says Tucker. “With dramatic cliffs over the ocean and indigenous forests, it is hard not to fall in love with Breakwater Bay.”
AMENITIES While gorgeous natural surroundings are a big drawcard for many investors in eco-estates, it is what the estate management adds to the mix that often closes the deal for most. “Ecoestates have a far lower running cost than golf
“With dramatic cliffs over the ocean and indigenous forests, it is hard not to fall in love with Breakwater Bay” Neil Tucker, principal agent, Grip Realty
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Mahathunzi, KwaZulu-Natal Midlands and many other highdensity estates, and have more to offer the entire family,” says Macaulay. Polofields in Waterfall, for instance, is an ecofriendly estate near to the suburbs of Woodmead and Kyalami. It has three polo fields and a small dam surrounded by shady indigenous trees, is home to a variety of waterfowl, making bird-spotting an activity for residents, along with a lifestyle centre and varied activities.
EQUESTRIAN Equestrian spaces and facilities are also a big drawcard. Mooikloof Estate in Pretoria, for instance, offers residents large stands — each 1ha — in the middle of suburbia. The estate also features a spacious dam-side recreational area, and offers residents cycling, tennis, bowling greens and picnic areas. An equestrian centre houses central stables, several arenas and a 20km horse trail.
Blue Hills Equestrian Estate in Kyalami offers views of the Magaliesberg mountains and about half the estate comprises green belts and wetland. Its prime property stands range from 5,000m²15,000m² and are the largest in the area. Aside from cycling trails and fishing dams, its equestrian amenities include spaces for the housing of horses.
SECURITY Security is always a top concern. Wildlife and eco-estates often appeal because security measures make sure residents feel safe in these open spaces. “Eco-estates essentially offer a lifestyle that has become lost to us; one where we had the freedom to walk out of our front doors without giving any thought to possible dangers and threats. Of course, the reason they can to do this is because of the significant investment in security,” says John Hart, property director of Serengeti
Gondwana Game Reserve, near Mossel Bay Estates, situated between Johannesburg and Pretoria.
RETIREMENT Eco-estates also present a compelling case for retirement investors. The Negester Klein-Kariba sustainable lifestyle estate bordering the Klein-Kariba Resort outside Bela-Bela, an hour from Pretoria, has been developed for residents of 50 or older. “Negester Klein-Kariba offers retirees the proximity of a busy city lifestyle with the tranquillity of the bushveld setting. All homes have been designed with low energy consumption and a low ecological impact in mind,” says RE/MAX’s Boshoff. The estate has 83 hectares of bushveld surroundings with many walking trails and free-roaming wildlife. It also has its own medical care centre and a range of sporting and other facilities.
“Eco-estates have a far lower running cost than golf and many other high-density estates, and have more to offer the entire family” Brian Macaulay, sales executive, Zandspruit Bush & Aero Estate
EASTERN CAPE In the Eastern Cape, 20km from East London,
Balugha River Estate offers an unspoilt view of the sea and abundant wildlife, with blesbok coming to the river’s edge for water. Residents enjoy direct river and beach access and beautiful views. Surrounding game reserves are a short drive from the estate. Also close to East London is the Kidds Beach Estate, a rapidly expanding gated green development, which aims to build 5,000 homes in the next 10 years. It consists of six secure estates, with homes from R700,000 to R10m. In picturesque Chintsa, Olivewood Estate and Golf Club was launched with the opening of an 18-hole championship golf course. The estate is zoned for 550 homes on the 1,000ha property, with phase one accommodating 100 erven. Once Olivewood is completed, 60% of the estate will remain undeveloped, leaving an array of natural landscapes, including forests, open
TOP 10 WILDLIFE ESTATES IN SA 1. Gondwana Game Reserve Private Residences 2. Hopewell Conservation Estate 3. Intaba Ridge Secure Eco-Estate 4. Kruger Park Lodge 5. Mahathunzi 6. Mjejane Lifestyle 7. Raptor’s View 8. Royalston Coastal Wildlife Estate 9. Shandon Estate/ Eco Reserve 10. Zandspruit Bush & Aero Estate Source: New World Wealth 2017 Estate Ratings Intaba Ridge, Kwazulu-Natal Midlands
Breakwater Bay, George
plains, riverbanks and dams for wildlife sightings. Royalston Coastal Wildlife Estate is a 1,000ha secured residential reserve in Port Elizabeth among rolling hills and open fields along with ocean views. Game roams among homes as they visit a lake and watering holes. Bomas and bush sites are interspersed around the reserve for braais or picnics with friends and family.
KWAZULU-NATAL Only 5km from Pietermaritzburg Airport is Intaba Ridge Secure EcoEstate, close to top schools and only 11km from the popular Midlands Mall. “Intaba Ridge has been developed with the vision of creating something special. There has been no compromise on security or on the eco-friendly nature of the estate. While the estate itself has an ethos of peace and tranquillity, its location gives those who live here easy access to good schools, retail
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Blue Hills Equestrian Estate, Midrand outlets and work,” says the game estate director Brendan Falkson. Mahathunzi, which borders Hilton College in the Midlands, will give residents the thrill of living on a declared nature reserve. Mahathunzi, with the adjacent Karkloof Safari Spa, is in the process of having the entire 3,000ha area declared a nature reserve through the Biodiversity Stewardship Programme.
WESTERN CAPE Nature estates are also booming around and
near Cape Town, with the city already offering staggering scenery close to urban centres. Boskloof Eco-Estate is in the Helderberg Basin with south-facing sea views that include Table Mountain and the False Bay coastline. This estate encompasses the natural beauty and splendour of Cape mountainside flora in a secure, private nature reserve of 51ha. The estate has 73 exclusive homes. It has prohibited further development to
Zandspruit Bush & Aero Estate, Limpopo preserve its scenic and ecological qualities. On the Garden Route, Breakwater Bay on the cliffs of Herolds Bay is a private, natural estate, only 20 minutes from George. The secure estate offers access to a private nature reserve on the outskirts of the city. Gondwana Game Reserve near Mossel Bay offers private residences on the reserve, which has the Big Five. It is close to championship golf courses such as Pinnacle Point and Fancourt.
GAUTENG In Gauteng, the Blair Atholl Golf & Equestrian Estate recently brought to market the last tranche of 80 vacant residential stands. “With a natural urban migration to the west of Johannesburg increasingly evident, Blair Atholl Golf & Equestrian Estate, with its easy access to Lanseria Airport, appeals to affluent home buyers seeking secure and elite estate living,” says Peet Strauss, Pam Golding Properties development manager for Johannesburg. The estate
also offers a golf course, an equestrian centre, running and bike trails, small game, a fitness centre and a spa. Meanwhile, east of Johannesburg, Serengeti Estates has launched a new cluster village, The Signature Residences. “Serengeti has traditionally offered freehold homes, ideal for people who wish to have a custom-designed house,” says estate developer David Nagle. “We wanted to broaden our appeal and so introduced the Whistling Thorn apartments in 2017
— ideal for first-time or entry-level buyers. With the launch of The Signature Residences, we’re extending our reach further.” The Signature Residences is aimed at young families who want space, with a garden and swimming pool, but want to avoid the maintenance associated with a freehold home. In Limpopo Province, Zandspruit Bush & Aero Estate in Hoedspruit delivers African bush living, allowing homeowners to immerse themselves in the bushveld lifestyle.
HOMEFRONT LUXURY MARKET
Umhlanga cashes in Investors spot gold in apartments on KwaZulu-Natal North Coast WORDS: STAFF WRITER :: PHOTOS: STEPHEN PILBROUGH, SHANE VAN ECK AND SUPPLIED
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rime apartment prices on the Atlantic Seaboard and in central Sandton were slightly down for Q1 2018 and Umhlanga seems to be taking up the slack. Evidently luxury investors are seeking better coastal value: a quarterly residential update by New World Wealth suggests that prime apartment prices in Umhlanga have risen from about R36,000/m 2 in December 2017 to about R37,000/m 2 (March 2018). In contrast, the same report says the Atlantic Seaboard contracted from about R75,000/m 2 in December 2017 to about R72,000/m 2 (March 2018). The research company’s quarterly residential update for SA tracks the average square metre prices achieved in selected 200m 2 to 400m 2 prime apartment complexes in each region. Using a small sample, it focuses on only sales of those exclusive apartment complexes in
each area. “Tracking three to four prime apartment blocks in an area such as Bantry Bay can give a very good indication of price movements,” says New World Wealth’s head of research Andrew Amoils.
INFLUX Pam Golding Properties Durban coastal believes property price inflation in the Western Cape has been driven largely by semigration from Johannesburg. They anticipate a similar influx to the Durban North coastline, reporting record sales in their Durban North office in January — which outperformed the company’s Atlantic Seaboard office for the first time. “While the mood of investment in South African property is cautious, there are certain areas such as KwaZulu-Natal and the Western Cape that hold pockets of residential gold,” says eLan Property Group CEO Mark Taylor.
New World Wealth also reports a price uptick in surrounding KwaZulu-Natal areas such as Ballito, Zimbali, La Lucia and Zinkwazi. Taylor says the KwaZuluNatal North Coast is not only a holiday destination: “It is fast becoming the preferred home of a growing percentage of SA’s super wealthy — 8% of the wealthiest South Africans now live between Durban, Umhlanga and Ballito.”
ACCESSIBILITY Pam Golding Properties Durban coastal reports “healthy residential performance” on the North Coast corridor stretching to Ballito, singling out Sibaya precinct, with its desirability and accessibility, as a platform to attract local and foreign investors to the North Coast. “We launched the luxury Saxony Sibaya, a 100-unit development, at a private launch on June 17 and achieved more than R72m in sales prior
HOMEFRONT
Prime apartment prices December 2017
“Prices in some new developments in the Umhlanga market have increased from R40,000/m2 to as much as R60,000/m2 in 2018”
Cape Town (Atlantic Seaboard)
March 2018
R75,000/m2 R72,000m2
Central Sandton R34,000/m2
R33,000/m2
R36,000/m2
R37,000/m2
Umhlanga (Lagoon Drive)
Source: New World Wealth Q1 2018 residential update
Herschel Jawitz, CEO, Jawitz Properties
to taking it public,” says Saxony Developments GM Michelle White. “We have seen a significant increase in investor confidence in the market since early 2018. The change in the political leadership in the country has certainly filtered through to the residential property sector.”
BALLITO Adriaan van Schoor, IFA Hotels and Resorts assistant vice-president for real estate sales, says demand has risen at Ballito’s Zimbali Lakes. IFA recently sold more than 70 sectional title units, averaging more than R35,000/m 2. “The market for a turnkey residential solution on the North Coast is bullish.” Jawitz Properties CEO Herschel Jawitz attributes the upswing to the migration of Durban’s business node to Umhlanga over the past few years and proximity to the airport. “Prices in some new developments
in the Umhlanga market have increased from R40,000/m 2 to as much as R60,000/m 2 in 2018.” Says Taylor: “Oceans in Umhlanga has won international acclaim for architectural design, bringing wider focus on KwaZulu-Natal; a penthouse in The Pearls of Umhlanga is on the market at R50m. This trend was recently further confirmed when South African cricket legend Hashim Amla invested in a R12.5m penthouse in Saxony Sibaya.”
ATLANTIC SEABOARD Seeff Atlantic Seaboard MD Ian Slot says that while sellers are failing to achieve unrealistically high prices, he has not noticed a lowering of prices in the prime Cape Town area compared with previous periods. “What we have observed is a flattening out of price growth, which means that there has been very little upward movement in terms
of the rand per square metre achieved.” Slot says some sellers are getting close to and even more than their asking prices. “Our Atlantic Seaboard luxury team recently sold two apartments in the same building — one for a staggering R85,000/m2 — while the other was sold a month later for R70,000/m2. So each unit, complex and area needs to be assessed on its own merits and priced accordingly.” In Sandton, the market is feeling the effect of low consumer confidence at the top end. “There simply aren’t enough buyers,” says Jawitz. Seeff Properties Sandton MD Charles Vining says the area finds itself in a market where buyers negotiate hard. “Sellers who bought their property at the height of the market in 2014-2015 are among those accepting prices at lower perceived values, although they are still achieving gains on their capital investments.”
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HOMEFRONT PROPERTY NEWS
Hotel investment guarantees rent income
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he Capital Mirage hotel in De Waterkant, Cape Town, is offering investors apartments with a guaranteed rental income for three years, with an option to extend the agreement for up to nine years, even if there is no occupancy. Dogon Group Properties MD Rob Stefanutto says occupation date is on transfer, so no rental is lost. “The Capital Mirage guarantees a 6% annual
escalation. There are also no maintenance issues with an on-site team handling the upkeep of your unit on your behalf.” Prices at the 40 Chiappini Street hotel start at R2.89m including VAT for a studio apartment, providing a rental return of R18,500 a month including VAT, subject to the purchase of a furniture package for R150,000, including VAT. Superior units sell for R3.79m and offer a
rental return of R24,000 a month, subject to buying a furniture package for R180,000. Two-bedroom apartments sell from R6.69m and offer a rental return of R37,000 a month, with a furniture package for R320,000. Owners receive a 25% discount off standard rates when booking at any of The Capital hotels nationwide, including The Capital Mirage.
Growing retirement demand fuels expansion
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s demand for retirement facilities in SA surges, Evergreen Lifestyle is forging ahead with major new developments and expansions across the country. “We are delivering
extensions to most of our existing villages and a number of new villages are under construction,” says CEO Arthur Case. The growth has been achieved due largely to a R675m cash injection and the acquisition of a
50% stake in the business from PSG’s Alpha unit. The goal is to operate about 10 villages within five years comprising 5,000 units. The company says it plans to expand to at least 20 villages with 10,000 life right units,
with a gross asset value of more than R25bn. Evergreen’s present portfolio comprises 550 units across six retirement villages. They are located in Bergvliet, Diep River, Muizenberg, Noordhoek and Lake Michelle in
Cape Town, Val de Vie in Paarl, and Broadacres in Johannesburg. By the end of February 2019, the company will have expanded to 1,074 units at an average of R2.7m per unit. In 2019 Evergreen
plans to build four new developments: in KwaZulu-Natal’s Midlands (Hilton) and Umhlanga (Ridgeside), and in Port Elizabeth. These would add more than 2,300 new units by the end of February 2023.
Cape Town tweaks water by-laws
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n a further step to limit water consumption, the Cape Town City Council has approved a range of amendments to water by-laws. The most relevant changes for residents and developers are: L andlords must now keep a record of consumption for each residential unit in a multitenant complex or block of flats, and inform the city if contraventions of water restrictions are taking place; New developments must install water conservation and demand management systems, or alternative water systems. These must be approved by the city; T he city can not only remove plumbers from its register, but also institute legal action if they are found to have transgressed the water by-law; W hen the technology has been approved by the city it will be possible to install prepayment council water meters in single homes and in each apartment in sectional title or multi-
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Tinley: the new North Coast hot spot
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ourism on the KwaZulu-Natal North Coast is poised for a boost from Tongaat Hulett’s planned international resort development at Tinley, 10km north of the greater Ballito area. It is also earmarked for a residential component, retail and office space, hotel potential and a retirement facility. The area features kilometres of coastline,
a lagoon and indigenous coastal forest, and is a key location within KwaZuluNatal’s primary growth corridor. Tongaat Hulett says four significant international resort operators have shown interest in the beach resort. Tinley is 35km north of Durban’s King Shaka International Airport and the recent announcement of a direct British Airways flight between Durban
and London’s Heathrow Airport should help put the development at centre stage. “Tourism has been identified as both a national and provincial priority,” says Tongaat Hulett developments MD Michael Deighton. “Tinley will undoubtedly transform the region where real estate and other economic growth opportunities will soar.”
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unit complexes;
• Toilets are now only
allowed a maximum 6l cistern volume (down from 9l), and water from shower heads must flow out at no more than 7 l /minute (down from 9.5l /minute); No irrigation of gardens is allowed between 9am and 6pm, including from boreholes and wellpoints. Previously no irrigation was allowed between 10am and 4pm, and did not include borehole water. T he city says that
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property owners are not required to alter a water installation that conforms to a previous version of the by-law. Alexander Swart Property director Rowan Alexander says the city has emphasised that the amendments do not replace the current level six water restrictions. Instead, they will be implemented in addition to these rulings and it should be noted that the amendments are permanent by-laws, not recommendations.
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