Neighbourhood 1 SEPTEMBER 2019
PROPERTY & LIFESTYLE
Ever-expanding The quaint seaside town of Hermanus is shaking off its holidays-only reputation, fast developing into a lively place for all to call home throughout the year, page 6
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MORE THAN GOOD WINE
yourneighbourhood.co.za
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ENGLISH PUB FOOD WITH FLAIR
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SUBURB FOCUS: HERMANUS
Connecting homeowners with great communities
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NEWS & LIFESTYLE
1 SEPTEMBER 2019
Editor’s exclusive CARLA REDELINGHUYS
Neighbourhood
In your hood:
Rawsonville
Opstal | 066 203 8889 | opstal.co.za
Put your I feet up The new cottages at Opstal wine estate make the scenic Slanghoek Valley an unmissable weekend getaway WORDS: RICHARD HOLMES
O
And who should we find inside Den Anker, showing us to our table, but the embodiment of murder mystery grande dame Agatha Christie’s moustachioed Belgian super-sleuth. If Poirot was from the DRC. The gallant Patrick has been working at Den Anker for 10 years, and after seeing us fumble with the extensive beer menu, he discreetly makes a suggestion and then saunters off to fetch the perfect drinks to start what will be an evening of incredible food in what is arguably one of the Waterfront’s most successful restaurants. For 27 years, Den Anker has been serving authentic Belgian food to an appreciative crowd of tourists and locals, and tonight is no exception. It’s freezing cold in the Mother City, but the place is packed to the brim. A table never stays empty for long – waiting patrons grabbing one as it clears. It’s easy to see why: our starters of bitterballen and cheese and charcuterie platters are ample and delectable. Mr Redelinghuys is not the biggest eater
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Stop in for a wine tasting or a bite and chances are you’ll bump into some or other member of the clan. If you’re lucky it’ll be Attie, the elder son and winemaker. He’s the man responsible for the estate’s award-winning wines. This is chenin blanc country, and Opstal’s is hailed far and wide. The estate-label chenin blanc is certainly good, but it’s worth splashing out the extra on a bottle of the Carl Everson Single Vineyard Chenin Blanc, named for the man who first established Opstal as a premium wine producer. And there’s no better place to enjoy a bottle than on your private deck at one of the five cottages newly built on the hillside above the cellar. Each is named for a character that has shaped the farm through the decades, and the cottages are a stylish, contemporary take on your typical farm getaway. Wooden floors and minimalist furniture define the spacious living area, where Dovre wood-burning stoves will keep any winter chills at bay.
The clue is in the name
n our way to the restaurant, I ask my husband who he thinks the most famous Belgian literary character is. “Tintin,” he says, without hesitation. Not to take anything away from Hergé’s intrepid adventurer slash journalist boy wonder, but the answer I was looking for was Hercule Poirot.
IMAGES: SUPPLIED
f you ever needed a reason to pay an extended visit to the Slanghoek valley, you can say a big thank you to the Louw family. Their family tree has deep roots in this impossibly scenic valley, which stretches north from Goudini to the low-water bridge that crosses the Breede River. They’ve farmed here since 1847, across seven generations, and yet still seem to have a giddy enthusiasm for the place as if they’d arrived just yesterday.
The open-plan kitchens are wellequipped for self-catering, although you’ll certainly want to enjoy a meal or two from chef PJ Lombard at the Opstal restaurant. That’s for lunchtime though. Come evening the large braai area on your private deck – with panoramic valley views – is where you’ll want to be cooking.
and proclaims himself to be stuffed, but nonetheless orders the Steak au poivre “Den Anker”, a 300g pan-fried fillet with a white pepper crust, flambéed in a rich cream sauce. And he finishes it.
And it’s on the deck you’ll find the pièce de résistance: wood-fired hot tubs that gaze out over the Slanghoek Valley. They take a while to warm up, so light them early for a soak before bed. The spacious en-suite bedrooms are kitted out with quality linen, so you’re assured of a good night’s sleep. The next morning, more Slanghoek adventures await.
I opt for the Lapin à la flamande – rabbit slow-cooked in Belgian beer, served with sinfully decadent potato croquettes. As I tuck in, the wet wipe that Patrick delivered along with the cutlery suddenly make sense – you have to get dirty to make sure you get every last bit of meat. We finish off with a Belgian waffle (of course) served with ice cream and sour cream, and ice cream with Belgischer schokolade. Thoroughly satisfied, we sit firmly anchored in our seats, and I wonder if that’s where the name “Den Anker” comes from.
EXPERIENCE IT FOR YOURSELF Den Anker, V&A Waterfront 021 419 0249 denanker.co.za
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1 SEPTEMBER 2019
Neighbourhood
In your hood:
NEWS & LIFESTYLE
3
Woodstock
Ye Olde Test Kitchen | 021 447 2337 | yeoldetestkitchen.co.za
The test of time Ye Olde Test Kitchen – the pub lunch at the Old Biscuit Mill you don’t want to miss WORDS: KIT HEATHCOCK
IMAGES: ANDY LUND
T
he Test Kitchen isn’t the first place you’d think of if you fancy a really good plate of fish and chips. But for the next two months, on Wednesday, Thursday and Friday lunchtimes, you’ll find South Africa’s best known fine-dining restaurant channelling a bustling English pub vibe. Ye Olde Test Kitchen is a pop-up concept that popped into Luke DaleRoberts’ head when he started revisiting old pub classics from his youth in the British countryside. “I thought why not go all in and just do it,” he says. So lunch whole-hearted pub style it is. A short à la carte menu of rib-sticking, artery-stopping, old-fashioned classics. The food you’d hope to find in an oldschool English pub, done to Test Kitchen standards. When we visited, the open kitchen was in full throttle, a team of fifteen doing prep for that night’s finedining service, while a dedicated team of five delivers the pub lunch. Heraldic bunting hints at nostalgic pub flavour, the bare brick walls play along with the theme, and brown paper tablecloths dial down the decor to gastro-pub simplicity. The menu offers a choice of four starters and five mains with not a frill, garnish or palate cleanser in sight. We went for a rich and delicious terrine, layering duck and date pâté with chicken liver
MAGNIFI MAX
R 8 990
parfait and pistachios, to slather on sourdough toast, with a simply dressed green salad. Soup of the day was a sumptuous kedgeree soup, made with snoek instead of haddock and lashings of cream and gentle spice. We had to find out what fish and chips looked like under Test Kitchen conditions and were rewarded with gloriously fresh hake, chunky crispy chips and two thick sauces to dunk into. The rabbit and ham suet pudding also intrigued – so old-school I don’t remember ever eating it before – a thin suet crust, the rabbit and ham filling delicate and succulent, a velouté of tarragon and mustard, and some whole butter lettuce leaves to balance it out. Delicious enough that even as I eyed up the next table’s beef Wellington and lamb shanks I didn’t regret my choice. Service is attentive and fast-paced, geared to pub lunch timing and customers who only have an hour for lunch, and they keep a few tables available for walk-ins. We didn’t need dessert but there was no way I was leaving without trying the sticky toffee pudding. And it was worth it, gorgeously decadent, full-on toffee caramel depth with vanilla ice cream. If you go for all three courses be prepared to leave inelegantly stuffed!
Y B G U R P U C D L R O W
SIGNA S2
R 3 990
SIGNA SOLO
R 2 190
WIN MAGNIFI MINI
R 5 990 FOR YOUR NEAREST STOCKISTS Ultra-Compact Home Theater Sound Bar System - Works with Google Assistant. Enjoy immersive home theater surround sound via 5.1 Dolby Digital
+2711-781-8887 MARKETING@HOMEMATION.CO.ZA
Property Showcase Hermanus & Onrus
Hermanus Office: 028 312 1110 / hermanus@pamgolding.co.za / pamgolding.co.za/hermanus
Ref# HF1416269
Fernkloof / R4.3 million Bedrooms 4 / Bathrooms 4 / Off-street parking 4 / Beautifully appointed and tastefully modernised with acute attention to detail. Located conveniently close to the golf club and the cliff path for world renowned Hermanus whale watching. Sue Ralph 082 892 8772 • Rose-Marie Marais 082 877 6160
Ref# HF1449875
Ref# ON1385784
Whale Rock Estate / R1.495 million
Hemel-En-Aarde Estate / R4.195 million
Bedrooms 2 / Bathrooms 1 / Covered parking 1 / Magnificent modern, ground floor apartment with upmarket finishes located in arguably the best secure and well maintained seafront estate in Hermanus. Appliances included. Smell and hear the sea from your doorstep.
Bedrooms 4 / Bathrooms 3 / Garages 2 /Enjoy relaxed country style living in this lovely Cape Cod style home in secure Estate. Elegantly renovated with high-end finishes. Perfect and ready to move in.
Heather Kleynhans 083 285 2777
Santa Bedeker 082 772 7052
Ref# HF1450242
Ref# ON1411113
Klein Rivier Valley / R18.5 million plus VAT
Onrus River / R3.95 million
Farm size: 159.2 Ha plus 64 Ha mountainside / This is your opportunity to enjoy life at a leisurely pace on a farm close to Hermanus. Excellent microclimate for red apples and fruit. Registered water rights. Fully functional mixed farming activities, including a water bottling unit. Sold as a going concern.
Bedrooms 5 / Bathrooms 5 / Garages 2 / Family home in old Onrus. Spacious well-maintained home on a corner plot within walking distance to the coastal path and much loved Onrus beach and lagoon.
Allan Lotter 072 768 9984
Annemarie Gaigher 082 578 3334
FERNKLOOF GOLF ESTATE
R13 975 000
A negotiable seller with a property that has the most exquisite sea, mountain and golf course views. A magnificent property situated in the most perfect location within Hillside estate. Serious curb appeal yet with an element of privacy that leads you into a open plan lounge and kitchen area. You are drawn inside by the views that await you of the 6th fairway, mountains and sea.... the balcony allows for hosting a large group or an intimate evening. The choices are endless.
Yvonne Teixeira: 082 316 2696 | RE/MAX 021 010 0685
FERNKLOOF GOLF ESTATE - RENTAL PROP
Web ref : HMNS-1915
R4 800 pd
This property is available for rental from September 2019 (excluding period 14 December 2019 to 3 January 2020). Rental period: minimum 2 weeks. Over and above 2 dining areas and large entrance hall, 2 bedrooms are located downstairs and in between the two is a separate lounge with a kitchenette and its own entrance for granny or guests. Downstairs are two patios leading to the pool and golf course vistas. The kitchen is large with all necessary amenities. There is a separate scullery and living area downstairs. Price is Low season R4800 per day; Mid season R5100 per day; High season R5500 per day.
Bruce Carr: 082 465 2778 | RE/MAX 021 010 0685
ARABELLA GOLF ESTATE
Web ref : HMNS-2005
R4 400 000
Awesome lagoon-views from the main living areas and master bedroom, make this residence unique. The large lounge and living-room are fronted by a unique conservatory where you can enjoy the view, even in less favourable weather conditions. Three very spacious en-suite bedrooms, open concept living, dining and kitchen makes entertaining easy. Priced to sell!
Barbara Larney: 081 435 1005 | RE/MAX 021 010 0685
Web ref : HMNS-1988
ARABELLA GOLF ESTATE
R5 700 000
Sophisticated and stylish home located in Arabella Golf and Country estate. Features include: Two very spacious bedrooms, both en-suite, a separate garden guest-bedroom with en-suite bathroom, home office, double garage and heated swimming pool. A dining room conveniently adjacent the kitchen allows for the integration of the two spaces which makes entertaining easy. The screened porch offers amazing lagoon and garden views. A living-room, stunning outdoor area and professionally landscaped garden.
Barbara Larney: 081 435 1005 | RE/MAX 021 010 0685
Web ref : HMNS-1955
EASTCLIFF
R8 800 000
This is an elegant home with the most splendid views of the Overberg and golf course. The location is very much sought after since within walking distance to shopping centres, schools and the golf course. You are welcomed into a very well-maintained garden with established trees and lawn. Upon entering the lovely hallway and voluminous lounge you are filled with appealing views framed in each window. A separate dining room and TV lounge allow for privacy and entertaining evenings. Double doors open onto a shaded courtyard for hot summer nights.
Yvonne Teixeira: 082 316 2696 | RE/MAX 021 010 0685
Web ref : HMNS-1944
ARABELLA GOLF ESTATE - RENTAL PROP
R38 400 pm
RENTAL PERIOD: Minimum of 6 weeks!! Rates per season - Low R38 400 per month; High R48 000 per month; Peak R57 600 per month. This modern single-level home is truly bursting with high-end finishes, and a fantastic amount of living space.
Bruce Carr: 082 465 2778 | RE/MAX 021 010 0685
| www.remaxcollection.co.za
Web ref : HMNS-1794
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PROPERTY NEWS
1 SEPTEMBER 2019
Neighbourhood
Suburb focus
Hermanus Whale-watching, champagne air, mountain nature reserves and fabulous beaches, Hermanus has a recipe for living that suits residents of all ages
WORDS: KIT HEATHCOCK *Map not to scale
IMAGES: SHUTTERSTOCK & GOOGLE MAPS
N
o longer just a holiday town with a sleepy retirement community for the rest of the year, Hermanus is attracting more and more families as permanent residents, for the quality of life, mild climate and small town vibe, an escape from the city with Cape Town still within day-trip reach. “Bringing up children in Hermanus is fantastic as we now have the very best of both public and private schools on offer as well as the great outdoors,” says Michelle Wilson. “We love being active and healthy and do regular trail runs and mountain bike races locally.” Andree Noska remembers bringing up her children here. “Long walks on Grotto beach as the sun set, gatherings at Kammabaai… later watching the kids surf.” After moving away to Franschhoek for a few years, she’s back for the next phase of her life. “I returned to Hermanus as a retired elder person forging new friendships through the many opportunities that the town offers – U3A (University of the 3rd Age), music concerts, there’s so much to do in such a small town.”
Agent insight Pam Golding Properties Hermanus | 028 312 1110
Hermanus has transformed from an idyllic holiday destination into a vibrant and beautiful place to live, work, raise a family and ultimately retire. Its world-class medical and educational institutions and sports facilities have added to the already dynamic retail and hospitality sectors. The real estate environment has consequently grown exponentially over the last 10 years, but is now stabilising in line with national market forces to offer excellent value. Outstanding properties are available for sale here catering to every level of the market, from affordable apartments, and sectional title developments, to popular security estates, free-standing homes, upmarket sea-front properties, and lifestyle farms. Nicola Lloyd, area manager 082 443 8376 | nicola.lloyd@pamgolding.co.za
And there’s plenty for the younger generation besides all the beach fun. “When I was still in school, my friends and I were into skateboarding and long boarding,” says Cleo Middelmann, who was born and raised here. As they got older they discovered Hermanus’ party scene. “A wide variety of clubs and pubs, safe and not overrun by older generations, where we had many memorable nights!” Growing up in a small town has other benefits, she says – being able to walk everywhere, almost no traffic except during holidays, and “everyone in a small town knows one another and is always prepared to help one another out”.
Property Hugging the cliffs and beaches overlooking Walker Bay, Hermanus has a wide variety of property, from apartments and family homes to lavish holiday homes, guesthouses and secure gated estates. A constant demand – both from South Africans relocating and foreign swallows buying summer homes – has spurred development, so the small town is growing, with upmarket lifestyle estates such as Hemel-en-Aarde
Estate and Fernkloof Golf Estate, and retirement developments such as Onrus Manor, Kidbrook Place and Negester Onrus gradually expanding its boundaries. Infrastructure has grown alongside – Hermanus Medical Village is a new oncology, orthopaedic and eye day hospital, alongside the existing state hospital and Mediclinic. And Hermanus recently got its first shopping mall and movie theatre for rainy day diversions.
Schools Families appreciate the choice of schools: private Curro Hermanus and Generation Schools Hermanus going all the way from preschool to matric, and the well-regarded local public schools. “Hermanus Primary School and Hermanus High School are both amazing schools with an incredible sense of pride in everything they do,” says Cleo, who attended them herself.
Explore Life in Hermanus is lived outdoors as much as possible. “As a family we love going to our happy place, hiking in the mountains of Vogelgat private reserve and walking to the local waterfalls in Fernkloof Nature Reserve,” says Michelle. “The kids love playing on the amazing beaches, surfing and building sandcastles.” Local favourite beaches include Voëlklip, Grotto beach, Langbaai and Kammabaai. “Kammabaai is one of the most amazing beaches to go to, for swimming, tanning or playing bat and ball,” says Cleo. The town buzzes with the Fynarts Festival in June, the Whale festival in September, preceded by a fynbos and flower festival. It’s a popular weekend destination for Capetonians too, with a busy Saturday farmers market, quirky shops and cafes around the old harbour, the whale museum, and lots more to explore along the Hemel-enAarde Valley for wine-tasting and good food, as well as beautiful scenery. You don’t even have to leave town to walk for miles along the picturesque cliff paths, spotting southern right whales in the bay, dassies on the cliffs, all the way to the milkwood forest behind Grotto beach. No wonder so many weekenders and holiday visitors dream of moving to Hermanus permanently.
1 SEPTEMBER 2019
Neighbourhood
PROPERTY NEWS
7
Agent insight RE/MAX Town and Country Hermanus | 021 010 0685
Location, location, location… is what makes Hermanus a great place to invest in and enjoy a rewarding lifestyle. The “French Riviera of the South”, Hermanus has the best land-based whale-watching in the world. This coastal town has boomed, mainly as Somerset West has emerged as the new economic hub of the Western Cape. Akin to growth between Joburg, Midrand and Tshwane, Hermanus is a central pillar in the Overberg grid. Add excellent health care, schools, shopping and entertainment and you have a recipe for high property returns. With upscale estates like Fernkloof, Arabella and Benguela Cove, the area caters to the rich and famous but also to families who can afford R1,8m and even less. Johann Larney, broker owner 074 194 7927 | johann@remax-townandcountry.co.za
EAT
For a typical property in this area You’ll pay
R23,764 per month
Median asking price
For a typical property (three-bedroom house)
R1,94m In a complex
over a period of 20 years at 10% prime
2%
For an apartment
R2,87m For a house
Median asking price
For a typical property (three-bedroom house)
10%
R9,250 In a complex
88%
R1,2m
6%
13% 81%
R6,000
For an apartment HOUSE
median asking price
• Whale-watching from the cliffs or on boat trips • Hike to the waterfalls in Fernkloof Nature Reserve • Vogelgat Private Reserve for mountain hikes and bird-watching • Vermont salt pan for bird-watching and a large seasonal flamingo population • Lagoon for bird-watching, water sports, fishing and swimming
R11,900
Based on
R2,462,500
NATURE
For rent
R2,462,500
APARTMENT
Monthly bond repayments
Creation Wines Newton Johnson La Vierge Stanford Hills Springfontein Bouchard Finlayson Gabrielskloof
R12,000 For a house
HOUSE
For sale
COMPLEX
• Lizette’s Kitchen: inspired country gastro fare • Harbour Rock: sushi and seafood overlooking the harbour • Pear Tree Bistro: locally-sourced bistro fare for lunch and dinner • Barefoot Cook: fresh seasonal and creative bistro off the beaten track • La Pentola: seafood, game with a touch of fusion and panoramic ocean views • Fabio’s Ristorante: traditional Italian food including excellent pizzas • Burgundy: bistro food and breakfasts with a prime ocean view near the harbour • Belgian Waffles: breakfasts with a view • Moltenos: wood-fired pizzas, Sunday roasts, seafood and steaks in Onrus
• • • • • • •
COMPLEX
ANDREE NOSKA, RESIDENT
HEMEL-EN-AARDE WINE ROUTE
APARTMENT
We love the variety offered outdoors – Rotary Drive with its spectacular views, the lagoon, the different beaches and all the wonderful cliff walks. Not to forget the spectacular Hemel-en-Aarde Valley with its world-class wine farms.
BLOUBERGSTRAND
R19 995 000
O N SHOW S U N DAY 2 -5 p m
BLOUBERGSTRAND
R10 250 000
O N S H OW BY A P P O I N T M E N T
BRAND NEW LUXURY RESIDENCE
IN THE HEART OF THE VILLAGE
Modern and contemporary floor plan in Bloubergstrand Village with scenic Table Mountain and Atlantic Ocean vistas. Large front glass foyer entrance with direct access from the 3 car garage & wine store whilst the upper level boasts generous open plan living areas with an all white kitchen and fitted appliances. 5 en-suite bedrooms tastefully decorated. Entertainment area and sparkling pool.
Multi level home with an excellent street address is perfectly positioned allowing loads of natural light to inspire peace and serenity boasting many scenic Table Mountain, Atlantic Ocean and Robben Island vistas. 4 Bedrooms & Home office are split over three levels which come together in the luxurious open plan living areas warmed by a fireplace and open plan kitchen leading to the large outdoor covered entertainment area. Low maintenance grounds with sparkling pool. D/ Garage. Web ref : RXAW - 9801 Warren Leslie: 082 713 6624 | RE/MAX Property Associates 021 521 3100
Warren Leslie: 082 713 6624 | RE/MAX Property Associates 021 521 3100
BLOUBERGSTRAND
Web ref : RXAW–9265
R8 500 000
O N SHOW S U N DAY 2 -5 p m
BIG BAY
R5 595 000
O N S H OW BY A P P O I N T M E N T
LUXURIOUS DESIGNER APARTMENT SOLD FURNISHED
LUXURIOUS ENTERTAINERS HOME
North facing sunny apartment in boutique building offering excellent security located close to all local eateries and a hop to the beach is sold furnished. Open plan living with granite kitchen with large wrap around balcony. 3 bedrooms 3 bathrooms (2mes). 3 under building parking bays & store
Located in the prestigious Dune Ridge security estate close to beach with excellent security. Lovely and sunny open plan living areas with central kitchen and scullery lead to pool and lush garden. 4 bedrooms 2 bathrooms (1mes). Staff accommodation and 3 car garages complete the home.
Warren Leslie: 082 713 6624 | RE/MAX Property Associates 021 521 3100
BLOUBERGSTRAND
Web ref : RXAW - 8848
Warren Leslie: 082 713 6624 | RE/MAX Property Associates 021 521 3100
R5 495 000
O N SHOW BY APPO IN T M EN T
LIGHT BRIGHT AND AMAZING AT NIGHT Contemporary north facing layout enjoyed most around the lap swimming pool offers the best for a family home. 4 bedrooms 3 bathrooms share lovely flowing living areas and an extra games room with lovely Views across the bay to Table Mountain and Atlantic Ocean. Staff accommodation 2 garages
Warren Leslie: 082 713 6624 | RE/MAX Property Associates 021 521 3100
WARREN LESLIE 082 713 6624
RE/MAX Property Associates 021 521 3100
Web ref : RXAW - 10122
| www.remaxcollection.co.za
Web ref : RXAW - 10161
BLOUBERGRANT
R3 250 000 SUNNINGDALE
R2 995 000 SUNNINGDALE
ON SH OW
O N SHOW
R2 850 000
ON SHOW
PREMIER FAMILY APARTMENT
PRICED TO SELL
SO MUCH TO OFFER
Beautifully presented 3 bedroom ground floor apartment on the beach. 2 Baths, lounge, d/room & sea facing patio. 2 Lock up garages. Communal pool.
Large sunny lounge with wood burner, extra- large dining/family room, all opening onto sundrenched under cover patio & braai. 3 Beds, 2 Baths, Garage
Family home in popular Canal East! O/plan lounge & dining room opens to garden with fold back doors. 3 bedrooms, 2 bathrooms. Braai / Jacuzzi room. D/G & Study
Michelle Lister: 083 603 0001 RE/MAX Property Associates: 021 521 3100 Web ref : RXAW- 8865
Jenny Williams: 082 411 8339 RE/MAX Property Associates: 021 521 3100 Web ref : RXAW-9955
Marleze Crous: 084 5858 515 RE/MAX Property Associates: 021 521 3100 Web ref : RXAW- 10129
FLAMINGO VLEI
R3 900 000 SANDOWN/SAGWEWOOD R3 600 000 WEST BEACH
O N SHOW
ON SH OW
R1 297 000
ON SHOW
PRICE PLACE PROMOTION
STYLISH DESIGNER HOME
RENOVATED & SECURE UNIT
Prime location in sought after Flamingo Vlei. 5 Beds, 5 Baths (3 en-suite), Rosewood kitchen, Entertainment room with fitted bar. Granny flat.
24 Hour secure estate, 3 parks including outdoor gym. Wonderful attention to detail in this super modern 3 bedroom home. 2.5 Bathrooms & D/G.
Sunny and spacious 1st floor 2 bedroom corner apartment in secure complex. 1 Full bathroom. Open plan kitchen. Walk to all amenities. A great investment.
Felicity Paxton: 071 869 7750 RE/MAX Property Associates: 021 521 3100 Web ref : RXAW-9150
Anita Collinicos (Intern): 084 752 5349 RE/MAX Property Associates: 021 521 3100 Web ref : RXAW-9772
Sandi Green: 082 308 8222 RE/MAX Property Associates: 021 521 3100 Web ref : RXAW-10017
SUNNINGDALE
R2 150 000 TABLE VIEW
ON SHOW
R2 290 000 PARKLANDS NORTH
ON SH OW
R1 595 000
ON SHOW
LOVELY SUNNY HOME
BEAUTIFULLY REMOVATED
ALL THE BELLS AND WHISTLES
Beautifully presented 3 bedroom ground floor apartment on the beach. 2 Baths, lounge, d/room & sea facing patio. 2 Lock up garages. Communal pool.
Close to all amenities. Tiles throughout, o/p living area, Mable Top kitchen, 3 Beds, 2 baths (MES), Light & Bright with attention to detailed finishes.
Spacious 3 bedroom home, 2 Bathrooms, O/P gourmet kitchen, lounge, d/room, patio and manicured garden. Garage. Close to all amenities.
Maggie Vassilev (Intern): 082 306 8857 RE/MAX Property Associates: 021 521 3100 Web ref : RXAW-9548
Andre Kannemeyer: 084 755 6539 RE/MAX Property Associates: 021 521 3100 Web ref : RXAW-6663
Vanessa van Wijck: 082 921 8958 RE/MAX Property Associates: 021 521 3100 Web ref : RXAW-8817
SUNNINGDALE
R2 595 000 TABLE VIEW
O N SHOW
R2 495 000
ON SH OW
STUNNING ALMOST NEW
LIVE CLOSE TO THE BEACH!
Spacious 3 bedroom home, 2 Bathrooms, O/P gourmet kitchen, lounge, d/room, patio and manicured garden. Garage. Close to all amenities.
3 bed apartment in a sought after block. One road back from the beach. 2 baths (main en-suite). O/P lounge, dining room leads to one of two balconies with ocean views.
Mike Schickerling: 082 900 7796 RE/MAX Property Associates: 021 521 3100 Web ref : RXAW-9804
Nadia Thonnard (Intern): 082 344 3343 RE/MAX Property Associates: 021 521 3100 Web ref : RXAW-10110
THE FIC AND ESTATE AGENTS WHO IS THE FIC
The Financial Intelligence Centre (FIC) is the administrator of the Financial Intelligence Centre Act, 2001, which is central to South Africa’s legislative framework on anti-money laundering, countering the financing of terrorism and combating the proliferation of weapons of mass destruction. The FIC is the country’s national centre for gathering and analysing information disclosed to it. In doing so, the FIC assists in identifying funds generated from unlawful acts, combating money laundering and terrorist financing. To help towards fulfilling this mandate, obligations are imposed on certain business sectors deemed vulnerable to money laundering and terrorist financing, such as banks, attorneys, and estate agents. Part of the obligations imposed on these sectors, known as accountable institutions, is for them to register with the FIC, and to submit regulatory reports to the FIC. Using the information and data submitted by these sectors, the FIC develops financial intelligence, which is requested or referred to competent authorities such as the South African Police Service, the National Prosecuting Authority, the Asset Forfeiture Unit and others including the South African Revenue Service, the Public Protector and supervisory bodies. This financial intelligence is used by domestic and foreign partners in their investigations, prosecutions and other follow up actions. As the FIC is reliant on timeous and quality information from accountable institutions, it is important that the sectors provide accurate, quality data and information to the FIC.
MONEY LAUNDERING
Money laundering refers to the concealing or disguising of the nature, source, location, disposing or movement of the proceeds of unlawful activities such as drug trafficking, human trafficking, proceeds derived from a fraudulent act or any other criminal activity that would have generated illegitimate monies.
have been identified as being at risk of being abused by money launderers. The estate agency sector has also been used as a vehicle to hide funds and to help criminals introduce their proceeds into the financial system.
Potentially, criminals can use the property sector to hide or clean large amounts of money in single transactions. The purchase of any type of property for a The primary intention of money launlarge sum of money, for example, may dering is to transform illicit monies into legitimate funds by introducing it into the not raise too many alarm bells. Estate agents can therefore become easy financial system i.e. changing money targets for criminals wanting to use from ‘dirty’ to ‘clean’. them to launder their illicit funds. To acquire their criminal proceeds, individuals may conduct a wide range of offences from petty to more serious crimes. The proceeds are integrated into the financial system through various means including the purchase of high-end goods such as property, motor vehicles, art, shell companies and so on. When successfully laundered, criminals are able to have full control over their money in the financial system and they are able to continue criminal activities with near impunity.
THE FIC ACT AND ESTATE AGENTS
These seven compliane obligtions are:
Record keeping Client identification and verification
Risk management and compliance programme
Apply risk-based approach
Compliance officer
Given that estate agents are familiar with their clients’ behaviour and habits, as experts in this industry estate agents Reporting Training of are best suited to identify when their employees clients’ behaviour is suspicious or unusual. Estate agents, like all accountable Registration with the FIC institutions, are required to fulfil certain Why should I submit reports to the obligations to achieve compliance with FIC? the FIC Act. A fundamental measure to minimize the risk of money laundering is for estate Compliance obligations that estate agents to submit regulatory reports to agents must fulfil within their busithe FIC. As a necessity, estate agents ness: The diagram depicts the FIC Act obliga- need to increase their understanding tions which apply to estate agents as an and awareness of their reporting obligations as well as remain alert to accountable institution: what needs to be reported
Estate agents, as defined in the Estate Agency Affairs Act, 1976 (Act 112 of 1976), are listed as accountable institutions on Schedule 1 of the FIC Act. Sectors included on Schedule 1,
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The primary regulatory reporting areas are: Cash threshold report (on cash transactions of R24 999.99 and above), Suspicious and unusual report (on transactions that are suspicious or do not make business sense) and Terrorist property report (where the institution holds or on behalf of someone holds property which may be associated with terrorism). It is important to remember, reports can only be submitted by estate agents who are registered with the FIC.
TARGETED FINANCIAL SANCTIONS
Targeted financial sanctions and estate agents Estate agents must remember that it Since April this year, the FIC has put in is prohibited to acquire, collect or use place measures to effect sanctions and of the property of a person or an entity resolutions imposed by the United Nawhose names appear in the sanctions tions Security Council (UNSC). notices. This implies therefore, that they The measures are intended to assist in may not transact or process transactions combating the financing of terrorism and for a sanctioned person or entity. The the proliferation of weapons of mass only exception to this general prohibition destruction. South Africa has implement- is in specific instances where the Mined these measures, as it is a member ister of Finance has permitted certain of the UNSC and of the Financial Action financial services or dealings with propTask Force erty as discussed below. To assist estate agents with implementation of the UNSC measures, the FIC has on its website a targeted financial sanction list containing all persons and entities identified by the UN. Updated regularly, the persons and entities list remain effective indefinitely, unless withdrawn.
The reporting obligation typically arises during day to day business. Suspicious and unusual transactions can be identified by assessing the client and/or transaction against money laundering indicators. Estate agents must acquaint themselves with some of the possible indicators of illicit financial activity. These The Minister of Finance publishes a may include: notice in the government gazette on the adoption of UNSC Resolutions, while • Source of income not matching the FIC Director publishes notices on client’s occupation persons or entities subject to sanctions • Attempts to conceal identity of indimeasures as per the sanctions list. viduals involved in the transaction by using nominees or fronts Estate agents are required to identify • Purchasing an income property to whether they have a sanctioned person allow legitimate rental income to be or entity as a client. They may draw the co-mingled with criminal revenue and attention of the sanctioned person or • Abusing property related compaentity to the notices published by the nies such as property development Minister of Finance and the FIC’s or construction companies These Director, in the government gazette. companies would then purchase properties, financed in part by bonds provided by other shell companies established by the launderer.
With the FIC’s targeted financial sanctions list in place, estate agents are required to screen their new and existing clients against this list. Furthermore, the process for this screening must be contained in the estate agents RMCP. Estate agents and all accountable institutions may also subscribe to the FIC to receive alerts when any changes on the list are made. Should an estate agent discover that they have a client on the targeted financial sanctions list, they are required not to transact with the individual or entity. The estate agent is required to submit a terrorist property report (TPR), should they identify property in their possession or under their control, which is owned or controlled or on behalf of a person or an entity identified in the sanctions list.
Penalties for non-compliance with these obligations can include administrative sanctions and criminal prosecution. This may amount to a maximum of 15 years in prison or a fine not exceeding R100 million. Penalties depend on the contravention and the severity of the offence. Compliance with the FIC Act makes it more difficult for criminals to hide their illicit proceeds in the formal financial sector. Further information to assist estate agents on what to look out for as indicators of potential criminality is available on the FIC website www.fic.gov.za.
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