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HOMEFRONT 1324 OCTOBER 2016 WWW.BDLIVE.CO.ZA WWW.BUSINESSLIVE.CO.ZA JULY 2020
MUST-READ
PPA update: expert opinion PAGE 17
Multigenerational living options PAGE 22
Rabie’s new retirement offering PAGE 24
The lifestyle centre at Rabie Property Group’s Clara Anna Fontein in Durbanville
Staying nimble Eco-estate launches in Ottery
Only developers with flexible offerings are likely to stay in the game. With people thinking twice about investing, what are the retirement estate must-haves?
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HOMEFRONT
Leo Mlambo, president, National Property Forum
Andrica Lekganyane, Area Group Property Services
Jan le Roux, CEO, Rebosa
Mamodupi Mohlala, CEO, EAAB
INDUSTRY REPORT
Do black agents matter? Previous lacklustre efforts by the Estate Agency Affairs Board to make the residential property industry more racially inclusive meant that black estate agents repeatedly got the short end of the stick. Will the board do things differently once the new Property Practitioners Act takes effect? Role players give their input WORDS: DEBBIE LOOTS :: PHOTOS: SUPPLIED
“The costs associated with setting up an estate agency have always been a barrier to entry for the black aspirant property practitioner” Leo Mlambo, president, National Property Forum
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nticipated by the industry as the silver bullet of property transformation, the new Property Practitioners Act (PPA) will give the current Estate Agency Affairs Board (EAAB) not only a new name – the Property Practitioners Authority – but also the power to affect meaningful change in the industry. As the Property Practitioners Authority, the body will have a much wider scope with the new law extending to include matters pertaining to estate agents as well as a wide range of other property practitioners. In short, the authority will have more authority. EAAB CEO Mamodupi Mohlala says new initiatives in the pipeline will take effect as soon as the act has been promulgated but, given the EAAB’s less than impressive track record, the sector has reason to be concerned they will simply be treading water again.
COMPLIANCE ISSUES According to Mohlala, 10,455 (22.7%) of SA’s registered estate agents are black (including Indian and Coloured, as per the Property Charter), with the majority still training as interns. Many more are trading illegally. Although she agrees transformation is imperative now more than ever, she says there are many challenges hampering progress. However, she
doesn’t give reasons for her views. National Property Forum (NPF) president Leo Mlambo suggests there are cost and compliance issues that are problematic. “The costs associated with setting up an estate agency have always been a barrier to entry for the black aspirant property practitioner,” he says. “Coupled with the exorbitant cost of audits, it has led to the exit of agencies and noncompliance in the majority of cases.”
CONFLICTING REPORTS The decrease in the number of estate agencies, with 9% having closed their doors between March 2018 to March 2019, confirms the concerns Mlambo raises. Yet the figure contrasts with the annual report of the EAAB, which says the number of individual estate agents increased by 5% over the same period. Mohlala refers to the previously disadvantaged individual (PDI) resolution, which was approved last year. It exempts previously disadvantaged black individuals from all regulatory fee requirements, including Fidelity Fund Certificates (FFCs), financial audits and mandatory fees for education and training. However, in terms of the existing Estate Agency Affairs Act, the EAAB always had the authority to issue a certificate to somebody in the “interests of justice” and aims to do so with its PDI resolution.
“We expect that more than 1,000 previously disadvantaged agents were blocked owing to nonpayment of mandatory fees to benefit from the PDI resolution,” says Mohlala. In effect she ascribes the discrepancy in the above numbers to nonpaying agents who were not calculated as part of Mlambo’s figures. “The PDI resolution intends to make it easier for persons from previously disadvantaged backgrounds with a turnover of less than R5m a year to enter the predominantly white industry,” she adds. “We believe that this and other initiatives will significantly contribute to transformation of the sector.” The PDI resolution was due to be implemented on April 1 2020 but because of the national lockdown the date has been extended to August 31 2020.
FAILURE TO FOLLOW THROUGH Jan le Roux, CEO of property watchdog Rebosa, says action is needed. “Talking about something does not achieve much. The PDI resolution was signed off by the EAAB on January 30 2019 and to date not one individual has benefited. Announcements were followed by postponements. The procedure is rather cumbersome. Established industry is often castigated for the sluggishness of transformation, yet the EAAB simply fails to follow
through effectively and speedily on its own initiative that could have brought relief 18 months ago. There is no excuse for this delay.” The One Learner One Estate Agency Youth Brigade Programme is another case in point. Introduced in 2012, it places young and previously disadvantaged estate agent interns in registered estate agencies for training. “After a protracted start, the programme was launched in 2015 following pledges from several estate agencies to accommodate the learners. Unfortunately it had limited success and was plagued by blunders, oversights and broken promises,” says Le Roux. “Just short of 1,000 learners were enrolled, yet fewer than 10% seem to have completed the programme. It is not known how many of these individuals are still active in the industry, but indications are not promising.” Mohlala, on the other hand, says the programme has yielded great results and a target has been set for the 2020/2021 financial year to enrol a further 5,000 new interns. “The Covid-19 pandemic has resulted in some challenges, but we have placed learners in six provinces and we will expedite the process once regulations are more relaxed,” she says. “There is definitely an appetite among the youth to take up the positions. The
board has already partnered with the Services Seta on at least 1,000 placements to assist with stipends, while the Gauteng provincial government, Vodacom and First National Bank are among those who have come to the party and opted to partner with the initiative. Other partnerships are in the pipeline.” Le Roux highlights the cost involved in the initial programme. “It amounted to almost R36m,” he says. “This means it could have cost R360,000 per successful individual. The current endeavour, launched in June last year, hardly seems better, with stipends paid late or not at all and the promised participation of Vodacom and First National Bank invisible. Young candidates are recruited with the promise of a stipend instead of ability and aptitude. The programme is essential but begs serious realignment.”
MORE ACCOUNTABILITY Area Group Property Services’ Andrica Lekganyane says greater accountability is necessary to help the programme succeed. “The EAAB should, in partnership with other stakeholders, conduct a study on the success of the programme since implementation and make the necessary improvements, such as availability of funds or grants to companies willing to participate,” she says. “Furthermore,
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the EAAB should see to regular monitoring of the performance and development of the learners to ensure they receive the necessary training from agencies to help them become reputable and qualified.” According to Mohlala, the programme is a wellmeaning initiative that is fully supported by the EAAB, although she does have concerns regarding its roll-out. “We believe the full cooperation of agencies through their representative bodies would ensure more positive outcomes. Therefore we are still open to further engagement on this programme,” she says. Le Roux differs, saying the EAAB ignored advice and repeated the same errors the second time round.
CLOSE THE GAP To promote further industry transformation, Mohlala says, government procurement processes give preference to BEEcompliant companies and suppliers. “The higher a company’s BEE status, the more points they score on the scorecard. This process therefore indirectly promotes transformation in the real estate sector.” She says the new act will empower the Property Practitioners Authority to ensure that government sectors procure goods and services from BBBEEcompliant practitioners. Lekganyane says the
government, as one of the largest property owners in the country, has the power to close inequality gaps between established whiteowned estate agencies and emerging black-owned property companies. “The government should clearly outline its position on the empowerment of black-owned estate agencies by allocating a high percentage of its portfolio towards transformation programmes,” she says. “This will enable the property industry to achieve its transformation objectives. It should include procurement of property services by all stateowned entities such as Transnet, Eskom and other government institutions that own large portfolios of commercial, residential, vacant land from blackowned estate agencies as well as other companies willing to help drive BEE.” According to Mlambo, the government procurement of property services is currently not happening. “The issue of governmentowned properties has been raised by black agents and the NPF on several occasions and nothing has been forthcoming,” he says. “Using these properties for sales, rentals and management would move the transformation barometer forward tremendously. We therefore once again urge our government to engage with us to work out a strategy to ensure distribution of these
properties as a means of transforming this industry.”
FUNDING IS KEY Funding, another issue invariably raised when transformation is discussed, is key to effective change in the industry. That is why the PPA provides for the implementation of a Property Sector Transformation Fund (PSTF). “The PSTF is meant to enable meaningful participation of historically disadvantaged individuals including women, youth and people with disabilities,” says Mohlala. “The fund can be used, among other things, for transformation and empowerment programmes, including for principalisation (enabling agents to own and manage their own businesses) and regularisation. The second financial intervention is the incubation programme that can provide relief and support for newly established enterprises that are transformed.” Although Le Roux agrees funding is crucial, he hopes that, in creating the PSTF, the Property Practitioners Authority will ensure qualified, experienced individuals and entities are appointed to manage the fund and to make the important decisions on financial support to different ventures. “Of course, this is about transformation, but decisions made on business principles will have more success.”
PUBLICATION ADVERTISING SALES Chantelle Balsdon Sabrina Ganter
chantelle@augmentcreative.com sabrina@thecreativegroup.info
084 061 7888 074 255 7455
HOMEFRONT PROPERTY TREND
Staying nimble Only developers with flexible offerings are likely to stay in the game. With people thinking twice about investing, what are the retirement estate must-haves? WORDS: KIM MAXWELL :: PHOTOS: SUPPLIED
Nova Stella, a new offering by Rainmaker Marketing in Chakas Rock in KwaZulu-Natal
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he property market has changed significantly during 2020, with cash buyers and bargain hunters picking up good deals. As a rule, potential homeowners are becoming more picky in search of real value and buyers in every age category are thinking twice about investing. It follows that many retirees about to make their most significant personal lifestyle investment are now having to adjust their sights to make their budgets stretch. Against this backdrop, only developers approaching retirement developments with flexible financial, home and care options for residents are likely to stay in the game HomeFront asked four developers what they consider to be retirement must-haves right now.
According to Rainmaker Marketing director Stefan Botha, there are not enough offerings that suit the pockets of this market. “As a result of lockdown, people have really prioritised what lifestyle they want as a family, from a convenience and and security perspective,” he says. “The biggest shift we’re seeing in the retirement market is that it’s forcing developers to think more strategically about how they can provide cost-effective retirement living. “Historically developers have missed the mark and underestimated the price sensitivity of this market and the fact that many retirees can only afford about 60% of the value of their current residential property when moving into retirement.”
ADAPTABILITY For Evergreen, offering mature residents access
to modern retirement estates with all the trimmings, plus the adaptability to downscale their accommodation according to their changing life needs, is proving to be a winning ticket. “The baby boomer generation wants more flexibility from their retirement options,” says Evergreen Lifestyle Villages head of marketing Prieshka Taylor. “They want to lead active lives and many still work in some capacity and want to be able to downsize in stages. “That is why retirement lifestyle estate developers are providing villages with far more flexibility to meet the needs, requirements and constraints of today’s working retirees,” says Taylor. While few traditional retirement home models would fit those requirements, an Evergreen
The Retreat, a Craft Homes development in Hazeldean, Pretoria East
life rights model allows flexibility – residents do not own their properties but rather acquire the right to live in the homes for the remainder of their (and their partner’s) lives. “Developers must stay on the ball to ensure retirees feel comfortable about moving into a new environment, knowing that they have everything they need to live a full and active life,” says Taylor. “The options are very flexible for our residents. They are able to downsize from the family home and later have the option to shift from a house to an apartment within the same village easily.” Financial security is another benefit of Evergreen’s life rights model. This developer also prides itself on offering security, along with an array of activities and amenities that encourage wellness,
“The biggest shift we’re seeing in the retirement market is
that it’s forcing developers to think more strategically about how they can provide cost-effective retirement living” Stefan Botha, director, Rainmaker Marketing
community and access to healthcare and hospitality.
SECTIONAL TITLE “We looked at options for people who might be approaching retirement from different financial standings,” says Craft Homes marketing manager Jessica Cabanita. This Gauteng developer is selling sectional title apartments and homes online. The Retreat is situated in a quiet neighbourhood in Hazeldean, Pretoria East. It’s
next to Curro Hazeldean’s primary and high schools, providing a convenient option for grandparents to pick up their grandkids. “We offer apartments to those on more limited budgets, particularly if they are older and single following the death of a spouse. It’s convenient, as they are right next to the operational frailcare centre. These apartments are also attractive to investors – for instance, children might purchase a unit for their
Evergreen Lifestyle Village in Broadacres, Sandton
parents. The apartments have high rental demand.” Starting from R899,000 for a one-bedroom, onebathroom unit, only 17 of 24 apartments are still available, with occupation likely from October 2020. “For those looking for a bit more space and a garden, we offer two- or three-bedroom freestanding simplex homes with double garages and private gardens,” says Cabanita. “Those should start from about R2m when we begin
marketing them towards the end of the year.”
AFFORDABILITY Rabie Property Group says life rights are the most affordable way to buy into a luxury retirement lifestyle. It offers savings on upfront costs – only mandatory legal fees are payable, with no VAT, transfer duty or registration costs. Maintenance, management and resales also form the developer’s responsibility. “Life rights are so much
HOMEFRONT
An Oasis Life home by Rabie Property Group
“Life rights is so much more
than merely a financial return on your investment. It’s about offering a stressfree standard of living” Miguel Rodrigues, director, Rabie Property Group
more than merely a financial return on your investment. It’s about offering a stressfree standard of living. “There are a multitude of benefits that a standalone home or even sectional title option cannot deliver on,” says Miguel Rodrigues, one of the directors at Rabie Property Group. “Our Oasis Life developments are perfectly geared for navigating through times like these. While concerns about congregate living may be valid, a new-generation retirement estate or village has tremendous benefits.
“Retirement estates provide both primary health and social supports. While safe physical isolation is possible thanks to the design of the estate, families may find comfort in support, including delivery or take-away option meals, continuous provision of primary healthcare and services such as laundry.” Botha says Rainmaker’s retirement data has shown that the cost of frailcare and assisted living is one of the biggest challenges from a care perspective. “There is now more of a focus on active ageing
and developers putting in smaller facilities in a development to bring the overall development cost down so unit costs are lower,” he says. “This makes it possible for people within existing estates to move into a different stage of life. It can apply to life rights and sectional title models.” Rainmaker is marketing a new development that no longer applies a onesize-fits-all mindset to the retirement market, Botha says. Nova Stella in Chakas Rock, KwaZulu-Natal, was designed specifically with over-50s in mind. The 53
apartments offer facilities focused on modern active living and socialisation, offering residents “a truly coastal lifestyle with geographical positioning key to its desirability”. These two- and threebedroom apartments are priced from R2.195m. Wellness needs are met through on-site healthcare in the form of a dedicated estate doctor’s rooms and mobile nursing services.
SIZE What will separate future successful developers from the rest? “The retirement
developer market is now forced to look at size and to realise that the only way to make units cheaper is to make it smaller and more compact, but cleverly designed,” says Botha. A case in point: apartments at Craft Homes’ The Retreat are also smaller, ranging from 40m 2 to 64m 2 . All units in this development have prepaid electricity meters and basic healthcare services are included. A fully operational frailcare centre is located adjacent to the apartments. Uncapped ADSL includes free calls within the estate
and a 24-hour panic button service to locate the nearest ambulance. Advanced internet technology to enable remote working is another nonnegotiable for any modern retirement estate developer. It is increasingly common for residents to move into retirement estates early, from the age of 55, and some need to or choose to keep working until well past 65. “Many of our Evergreen residents are working well into their 70s, entering this phase with a desire to connect with their world,” says Taylor.
FOCUS ON: SANDTON GATE ADVERTORIAL
City living made smarter Launching online on August 6, Craft Homes’ new development The Terrace at Sandton Gate allows you to plug into the city while reconnecting with nature WORDS AND PHOTOS: SUPPLIED
B Artist’s impression
e the first to sign up for the imminent exclusive online launch of Craft Homes’ The Terrace at Sandton Gate. With 136 exclusive apartments designed for private open-plan living, including balconies that optimise outdoor space, The Terrace forms part of a mixeduse precinct offering true city living along with all the benefits of a suburban lifestyle. This secure environment on the doorstep of the Sandton CBD gives
residents the freedom to connect to a variety of amenities within walking distance from their apartments: shops, restaurants, premium office space and a gym. Prices start from R1.799m for a twobedroom apartment and from R6.45m for a threebedroom penthouse. The development has beautiful views of the Sandton skyline and pedestrian access to the Braamfontein Spruit green belt, which buzzes with activity on weekends and early mornings as dog walkers, joggers and mountain bikers take on the trails along the banks of the river.
SMART INTERIORS The apartment interiors
embrace natural light and feature elegant finishes that are both functional and aesthetically pleasing. The design and layout of each room were planned with a modern lifestyle in mind, and soft colours and sleek textures were selected to add character.
SMART LOCATION Sandton Gate is located in the heart of Johannesburg, close to major business centres and transport, as well as the Sandton CBD, Sandton City, the convention centre and the Gautrain station. The Terrace launches on August 6 2020 at 8am through the Craft Homes online portal. This platform allows you to view, reserve and even purchase one of these luxury homes safely.
GET IN TOUCH
Artist’s impression
Artist’s impression
CRAFT HOMES Tel: 08600 CRAFT (272 38) • To book an online appointment with one of our sales executives or to buy online, go to crafthomes.co.za. • For a tutorial on purchasing online, visit https://www. youtube.com/watch?v=Lwq6NFIREaw.
HOMEFRONT
Steyn City in Midrand
HOT TOPIC
Estates for all generations O Globally more families are choosing to live together, not only for the sake of community but also to share costs owing to financial constraints caused by the Covid-19 pandemic. We look at what some of SA’s multigenerational estates offer
WORDS: HELÉNE MEISSENHEIMER :: PHOTOS: SUPPLIED
The Ridge at Westbrook in Port Elizabeth
ver the past two decades there has been a global return to the multigenerational household where adults from different generations of the same family live together. This is the way nearly one in five people in the US and in Australia live. The trend is on the rise in SA too: in November 2019 Statistics SA said 32.2% of homes in the property market housed multigenerational families. Contributing factors include the high cost of living that makes it hard for young professionals to live on their own and growing concerns about the safety and isolation of elderly relatives. With many businesses closing or scaling down over the lockdown period, resulting in millions of job losses, more families will likely choose to live together or in close proximity. The lockdown has proved to many homeowners the benefit of living in a spacious and safe environment. Multigenerational estates provide a secure and pleasant living space where grandparents and/or young adults can live with or close to their families. And while most home sales plummeted, sales in residential estates held their own and often
even exceeded sales in prelockdown months. “This setup benefits each generation, with young children reaping the rewards of close proximity to their parents and grandparents. Conversely, older generations who aren’t yet ready to move into a retirement village are able to mingle with diverse age groups,” explains Clifford Oosthuizen, MD of Westbrook, a multigenerational estate in the Eastern Cape. As multigenerational estates across SA evolve, they embrace more investment brackets by offering a mix of apartments, townhouses and freestanding units of one to five bedrooms, priced anywhere from R1.2m. In addition, many allow for the option to build additional rooms either within the home or in a “granny flat”. We took a closer look at multigenerational estates in the major provinces:
Gauteng Gauteng is SA’s economic heartbeat and home to many sought-after residential estates. Steyn City is a multibillion-rand luxury lifestyle development just north of Fourways in Midrand. Named Gauteng’s Top Residential Estate for 2019, this development will be the country’s largest
parkland residence once it is completed. Strict safety and security measures include access control, foot patrols and a nerve security centre. The Steyn City School is located on site with an internal school shuttle, whereas Capital Park offers AAA-grade commercial offices. Residents are spoilt for choice when it comes to recreational amenities. Besides 45km of trails for walking, running or cycling safely, the estate has an equestrian centre, a golf course and a clubhouse with an indoor aquatic centre, outdoor yoga stations, a gym, children’s play nodes and restaurants. Sales manager Lambert Bezuidenhout says the combination of safety and security with all the wellappointed facilities and sprawling parkland has contributed to the increase in sales recently, even though prices have plummeted. Craft Homes’ The Terrace at Sandton Gate is another luxury lifestyle development that offers spacious modern apartments with all the benefits of suburban living mere minutes from Sandton CBD. There is an on-site gym, restaurants, beauty salons, a bustling piazza and premium-grade offices. From their own private balconies, residents will have a beautiful view of adjacent Braamfontein Spruit, one of Johannesburg’s longest natural green belts. The Terrace launches exclusively online on August 6 and homes can be viewed and even purchased through Craft Homes’ unique portal.
The Terrace at Sandton Gate
“This concept
allows grandparents to live close to their children and grandchildren, with everyone enjoying a quality way of life” Michelle Larkens, Marketing manager, Brettenwood Coastal Estate
Another development near Ballito now offering multigenerational living is Brettenwood Coastal Estate. “We cater for families at every stage of life,” says marketing manager Michelle Larkens. “This concept allows grandparents to live close to their children and grandchildren, with everyone enjoying a quality way of life.” Retail outlets, private hospitals and schools are available in surrounding towns, whereas on the estate residents have access to a clubhouse, a restaurant, walking trails, children’s play areas, a gym, a lap pool and a heated aerobics pool.
KwaZulu-Natal
Western Cape
Top real estate firms report that luxury estates on the North Coast continue to attract the interest of highend buyers despite the challenging market. Two luxury beachfront homes were sold in Zimbali Coastal Estate, one of the first resort housing estates developed near Ballito, says Andreas Wassenaar, licensee for Seeff Zimbali. The estate includes two five-star hotels, an 18-hole championship golf course and 3.5km of beachfront. Restaurants, swimming pools, sport facilities, a children’s play area and a world-class gymnasium and fitness centre are among the superior amenities.
Known for its natural beauty, top schools and tertiary education facilities, wine estates and golf courses, the Cape remains in high demand. Lightstone Property reported in December 2019 that a quarter of the country’s estimated 6,500 gated and estate properties are in the Western Cape. Val de Vie Estate marketing manager Marli van Schalkwyk says there has been great interest in this estate near Paarl since the start of the lockdown, with enquiries at an alltime high. “During this time consumers focus much more on wellness,” she says. Val de Vie is a wine, polo and golf estate with
landscaped gardens, parks, running and cycling trails as well as fishing and picnic spots. It also has a golf course, tennis and squash courts, swimming pools, lifestyle centres, restaurants and equestrian facilities.
Eastern Cape Alexander Forbes Investments executive chief economist Lesiba Mothata believes the full potential of second-tier cities in SA has yet to be harnessed. Port Elizabeth is one of the towns Mothata says holds promise for future economic and industrial growth. For this reason, the Amdec Group has been developing the Westbrook mega-estate here. The Ridge, the first of nine villages, is almost sold out and, according to MD Clifford Oosthuizen, the turnover in June was higher compared with the past six to 12 months. “Because of the lockdown, buyers are drawn to investment options that offer plenty of space,” he says. Amenities at the 128ha development include a Curro school, frailcare facilities and 24-hour medical assistance. Westbrook will comprise 3,500 homes around a “town square” with commercial and retail offerings. Homes are designed to include a loft or owners can use the fourth bedroom as an office, as more people are having to continue working remotely.
HOMEFRONT PROPERTY NEWS
Steyn City now offers resort-style living
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teyn City’s latest development, 104 on Creek, is fully built and ready for occupation, which means would-be buyers and tenants can view the luxury apartments and make one their own as soon as the sales transaction or rental agreement is settled. Set alongside the natural leafy creek that inspired its name, this luxury resort-style development comprises 105 apartments offering double-glazed windows, air-conditioning, integrated Siemens kitchen appliances and quality fittings. The homes are available with two or three bedrooms and floor sizes range from 96m2 to 133m2. Residents have the run of Steyn City’s signature 810ha outdoor area – one of the
VREDEHOEK, CAPE TOWN
VREDEHOEK, CAPE TOWN
YOUR PEACE IN THE CITY
VREDEHOEK, CAPE TOWN
Rabie expands its YOUR PEACE IN THE CITY retirement component YOUR PEACE IN THE CITY
biggest parklands offered by a residential development in SA – and exclusive use of a 23m rim-flow pool. They also have access to all the other Steyn City amenities: the Nicklaus Design golf course, an award-winning clubhouse, an equestrian centre with its own clubhouse, various eateries and children’s play areas. For active residents, more than 45km of running and cycling tracks as well as outdoor exercise centres are available within the estate’s perimeter. “This means our residents get to enjoy the many attributes that make apartment living desirable, with none of the potential drawbacks,” says Steyn City sales manager Lambert Bezuidenhout.
Ottery estate embraces ecological principles
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tayMelville, a new ecofriendly security estate in Cape Town’s Southern Suburbs, is ready for occupation. Situated in Ottery, it consists of three-storey residential blocks on three hectares of landscaped gardens, courtyards and communal activity areas. The development is designed along permaculture principles, which means the inhabitants’ needs are integrated with their environment in sustainable ways – considering aspects ranging from water and electricity use to growing food. The 348 spacious and contemporary
apartments each consist of two bedrooms and two bathrooms, a fully fitted modern kitchen and an open-plan living area, with an allocated parking bay. Amenities include park pockets, vegetable gardens, a water purification system, solar power and free uncapped internet access. Seventy percent of the landscape architecture is dedicated to indigenous edible gardens. Young trees bearing their first fruit line the spaces among and around the blocks. It also has around-the-clock monitored perimeter security with biometric access. StayMelville apartment prices start from R1,199,000 for a 50m 2 unit.
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d rity ity king excellent and excellent security • Secure security parking • Secure • and Secure parking excellent parking and security excellent and • Secure excellent security parking security and excellent • •Secure Secure parking security parking •and and Secure excellent excellent • Secure parking security security parking and excellent and excellent •security Secure security parking • and Secure excellent parking security and excellent security
ments e apartments • 10 exclusive • 10 apartments exclusive • 10 exclusive apartments apartments • 10 exclusive apartments • •1010 exclusive exclusive apartments apartments • 10 exclusive • 10 exclusive apartments apartments • 10 exclusive apartments • 10 exclusive apartments
ORANJEZICHT, CAPE TOWN
VREDEHOEK, CAPE TOWN
ORANJEZICHT, CAPE TOWN ORANJEZICHT, CAPE TOWN ORANJEZICHT, CAPE TOWN
ORANJEZICHT, CAPE TOWN ORANJEZICHT, CAPE TOWNORANJEZICHT, ORANJEZICHT,CAPE CAPE ORANJEZICHT, TOWN TOWN ORANJEZICHT, CAPE TOWN CAPE TOWN ORANJEZICHT, ORANJEZICHT, CAPE ORANJEZICHT, TOWNCAPE TOWN CAPE TOWN ORANJEZICHT, CAPE TOWN ORANJEZICHT, ORANJEZICHT, CAPE CAPE ORANJEZICHT, TOWN TOWNORANJEZICHT, CAPE TOWN CAPE TOWN ORANJEZICHT, CAPE ORANJEZICHT TOWN
HELLO HELLO TABLE HELLO HELLO TABLE MOUNTAIN MOUNTAIN TABLE MOUNTAIN TABLE MOUNTAIN
From R2.495 million (incl. VAT) no transfer duty
From R2.495 million (incl. VAT) no HELLO transfer duty HELLO HELLO HELLO HELLO HELLO HELLO HELLO HELLO HELLO HELLO HELLO HELLO HELLO HELLO HELLO From R2.495 million (incl. VAT) no transfer duty TABLE MOUNTAIN TABLE MOUNTAIN TABLE TABLE MOUNTAIN MOUNTAIN TABLE TABLE MOUNTAIN MOUNTAIN TABLE TABLE MOUNTAIN TABLE MOUNTAIN MOUNTAIN TABLE MOUNTAIN TABLE TABLE•MOUNTAIN MOUNTAIN TABLE TABLE MOUNTAIN MOUNTAIN TABLE MOUNTAIN TABLE MOUNTAIN Back-up power supply
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VAT) no transfer duty
www.TheCedar.CapeTown www.TheCedar.CapeTown
www.TheCedar.CapeTown www.TheCedar.CapeTown www.TheCedar.CapeTown www.TheCedar.CapeTown www.TheCedar.CapeTown www.TheCedar.CapeTown www.TheCedar.CapeTown www.TheCedar.CapeTown www.TheCedar.CapeTown www.TheCedar.CapeTown www.TheCedar.CapeTown www.TheCedar.CapeTown www.TheCedar.CapeTown www.TheCedar.CapeTown www.TheCedar.CapeTown www.TheCedar.CapeTown www.TheVera.CapeTown www.TheCedar.CapeTown
*T&Cs apply
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