RSA
Neighbourhood 11 OCTOBER 2015
PROPERTY & LIFESTYLE
T ulbagh valley A fine time out for wine-loving road-trippers Turn to page 03 for more
+ Nationally, the largest property marketplace in South Africa
IMAGE: NORMAN COLLINS
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ARTISANAL FARE
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FLOORING
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NATIONAL SPOTLIGHT: THE CITY BOWL
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GREAT VALUE: TABLE VIEW
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NEWS & LIFESTYLE
Neighbourhood
11 OCTOBER 2015
Editor’s Exclusive CLAIRE BARNARDO
Bowled over
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his week’s national spotlight is on Cape Town’s City Bowl. For me, one of the most impressive things about the city centre is the continual development taking place there. I chatted to Rob Kane, chairman of the Cape Town Central City Improvement District, who told me that there are even more reasons to celebrate the building going on in the Mother City: • Portside, which was launched last year between Buitengracht and Bree streets, has been rated the most sustainable tall building in South Africa, earning a 5-star Green Star As Built rating. It is also the tallest building in the Cape Town CBD. • The expansion of the Cape Town International Convention Centre (CTICC), will double the building’s exhibition capacity. • The new Netcare Christiaan Barnard Hospital on Cape Town’s Foreshore is under development alongside the
CTICC, bringing more world-class health care to Cape Town. • The iconic Triangle House in Riebeek Street is being transformed into a Radisson Blu Hotel & Residence and will offer at least eight floors of residential units. • The redevelopments of Touchstone House in Bree Street and the Twinell Building between Long and Loop streets are sterling examples of preserving Cape Town’s unique architectural heritage while moving buildings into the 21st century through the introduction of innovative green technologies. • The Iziko South African Museum in the historic Company’s Garden is being expanded and renovated.
WHAT IS THE CCID? The Cape Town Central City Improvement District (CCID) was established in 2000 and is the first of its kind in South Africa. The CCID is funded by property owners to provide complementary urban management services to a specific geographic area. These services include supporting and augmenting the City of Cape Town’s safety and cleaning efforts in the central city; ensuring that the environment is well managed; ensuring that social development issues are addressed; and ensuring that the central city is promoted as a leading business destination.
In good company A feast for the senses, Schoon de Companje celebrates artisanal food with a generous serving of retro charm WORDS: KIT HEATHCOCK
IMAGES: AMANDA DROST
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t’s a dignified historic bank building on the outside, but step through the doors on the corner of Stellenbosch’s Bird and Church streets and you’re welcomed by the tantalising aromas and lively atmosphere of a bustling old-fashioned market: coffee roasting, patisserie fresh from the oven and artisanal bread baking in the brick oven at the back. Fritz Schoon’s idea was to re-create the feel of an old settler’s market, and there’s a dose of Old Europe, too, in the exposed brick walls, high wooden beams and quirky decor. Wander around the various sections with a basket to fill, picking out organic produce from local farmers, a crusty loaf of Schoon sourdough, enticing almond croissants and freshly roasted single-origin coffees, or settle down with the brunch menu at a table in the cosy upstairs gallery, or the light and airy brasserie next to the open bakery. There’s wine, too, at Het Wijnwinkeltje, a carefully selected crop of the most terroir-driven South
PUBLISHED BY THE CREATIVE GROUP Unit G04, Old Castle Brewery Bldg 6 Beach Road, Woodstock Cape Town, 087 828 0423
African wines arranged by region and, last but not least, the irresistible Fanny Chanel ice cream made with Jersey cream and all-natural ingredients.
We believe in working with wholegrain flours to retain the amazing nutritional value that wheat offers FRITZ SCHOON, CO-FOUNDER, SCHOON DE COMPANJE
Fritz’s first love, and the beginnings of the whole Schoon de Companje enterprise, was the bakery. He trained with Markus Farbinger at Île de Pain before moving to Stellenbosch in 2010 and building his wood-fired bread oven. “At Oude Bank Bakkerij I sold slices of bread with local cured meats and matured cheeses. A year later I met a beautiful
girl who worked at a patisserie across the road. We were married six months later, set up a small kitchen, and it all led to the start of Schoon De Companje.” He’s excited by their latest Grains of Origin project where, in partnership with farmer James Moffat, they grow a variety of ancient grains. The resulting wit wol koring, Highland hard red wheat and Khorasan grains will be milled in Stellenbosch, and the team is learning how to bake with the freshly milled wholegrain flours with a view to offering training to other aspiring artisan bakers. Fritz says, “[The grains] give us the opportunity, in the bakery, to feel like a chef in kitchen. It is amazing how two grains, in their original form, can differ in flavour and aroma.” TASTE FOR YOURSELF: Schoon de Companje 021 883 2187 decompanje.co.za
THE CREATIVE GROUP CEO: Shaun Minnie shaun.minnie@thecreativegroup.info EDITORIAL TEAM Group Editor: Claire Barnardo claire.barnardo@thecreativegroup.info Managing Editor: Charis Le Riche Creative Director: Mark Peddle
Art Director: Leah de Jager Designers: Craig D’Oliveira, Megan Cooper Chief Copy Editor: Yaron Blecher Proofreader: Marana Brand Editorial Intern: Lauren Albertyn Online Editor: Lauren Joubert
ADVERTISING SALES: Visit yourneighbourhood.co.za or call 087 828 0423 Sales & Marketing Manager: Michèle Jones michele.jones@thecreativegroup.info Neighbourhood Manager: Dylan Rothschild dylanr@yourneighbourhood.co.za Production (Editorial & Property Advertising): Lucea Goosen lucea@yourneighbourhood.co.za
co.za
Neighbourhood
11 OCTOBER 2015
NEWS & LIFESTYLE
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Time out in Tulbagh
The estates of the scenic Tulbagh valley make an idyllic weekend getaway for wine-loving road-trippers WORDS: RICHARD HOLMES
IMAGES: NORMAN COLLINS AND SUPPLIED
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he Tulbagh valley tends to keep a low profile, and yet the vineyards and wineries cradled by the Obiqua, Winterhoek and Witzenberg mountains are quietly making a name for themselves as producers of top-tier red and white wines. The likes of Drostdy-Hof and Tulbagh Winery have long produced cheap and cheerful palate pleasers that are easy on the pocket, but a new crop of winemakers are pouring their efforts into crafting award-winning premium wines. Saronsberg is setting the bar when it comes to red wine from the valley, with cellar master Dewaldt Heyns turning out particularly good Shiraz and Shiraz-led blends. The Saronsberg Full Circle is a delicious blend of Rhône varieties not to be missed, while the Chardonnaybased Méthode Cap Classique is elegantly dry on the palate. The farm also offers charming self-catering cottages, and a spacious modern-art gallery above the tasting room. There’s more great bubbly up the road at Twee Jonge Gezellen estate. Home to the popular Krone range of Méthode Cap Classique sparkling wines, a tasting on the terrace offers up lovely valley views. Cellar tours are offered daily at 11am. Across the valley, Theuniskraal has been in the Jordaan family for close on a century and is widely recognised as South Africa’s first white-wine estate.
Cape Riesling, a wine distinct from the German-style Weisser Riesling, is falling out of fashion these days, but this bottling has a refreshingly crisp acidity and moderate alcohol. The SémillonChardonnay blend is also worth a taste. At Fable Mountain Vineyards, on the flanks of the Witzenberg mountains, it’s Chenin Blanc that is the white-wine focus for winemakers Rebecca Tanner and Paul Nicholls. The pair takes their terroir seriously and it shows in the bottle: the Jackal Bird is a superb fiveway white blend dominated by Chenin Blanc, Grenache Blanc and Roussanne. Also look out for their wonderful Night Sky, a powerful Rhône-style red blend. Pinotage is another red grape that does particularly well in the valley. The Reserve Pinotage from Rijk’s Private Cellar is especially good, as is the Spencer from boutique estate Lemberg. Also look out for the quirky Hárslevelű: a white Hungarian grape typically used for sweet wine, here it is crafted into a full-bodied dry white. It’s just one of the many pleasant surprises the Tulbagh valley has in store.
SEE FOR YOURSELF: Tulbagh Wine Route 023 230 1375 tulbaghwineroute.com
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NEWS & LIFESTYLE
Celebrate LOCAL October LOWDOWN
and its beer-related glory the right way…
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WORDS: ANDY MÖLLER
Newlands Brewery Tour
Neighbourhood
11 OCTOBER 2015
Under foot
The smart home is, for many, the next major evolution in the way we live WORDS: CHRIS REID
IMAGE: AMORIM CORK SOUTH AFRICA & KASTHALL
IMAGES: SUPPLIED
For beer newbies, the Newlands Brewery offers the ideal educational start. In a one-hour tour of SA’s oldest operating brewery (since 1820), you’ll get a taste of modern brewing methods, from simple grains to crisp, cold beer. The tour ends with a delicious tasting in the underground pub – the best part of the tour, obviously! Tours can be booked from Monday to Saturday. Visit the Newlands Brewery website for tour rules and additional information.
SEE FOR YOURSELF: Amorim Cork South Africa 021 881 3022 amorimcork.co.za Kasthall kasthall.com
Meet the Brewers: The Aegir Project
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Once a month, Beerhouse opens its doors to host a tasty event called Meet the Brewers, welcoming microbreweries of all shapes and sizes to showcase their top beers alongside a specially compiled menu. On 19 October from 7pm to 9pm, we get to indulge our taste buds with The Aegir Project, a new brewery in Noordhoek. Brewer Rory Lancellas practised his skills in places such as New Zealand and Scotland before bringing his unique flavours to South Africa. Book via Quicket.
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Read more about Andy Möller’s Mother City adventures on his blog: iamonline.ninja.
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HQ Rugby World Cup special
To show its pride in our team in the most perfect ambience possible, HQ is hosting an array of specials throughout the Rugby World Cup 2015. Castle Lite draught specials will run until the end of the RWC games; you can grab a chorizo burger and chips with a Castle Lite draught for R90; and ladies get half-price cocktails during games. HQ is also hosting competitions for every big South African game, so be sure to visit the HQ Facebook page for the latest competition details. To become an even more enticing screening spot, HQ has added a 55-inch TV above its fireplace, especially for the matches. If you don’t know where to watch the next big game, book a spot at HQ.
EXPERIENCE IT FOR YOURSELF: Newlands Brewery Tour newlandsbrewery.co.za/the-tour/ Meet the Brewers: The Aegir Project Book your ticket at Quicket goo.gl/0yWQ8t HQ Rugby World Cup Special goo.gl/YmE5Xc
he minimalist industrial look in flooring is being softened with more traditional materials that are in turn being given a modern, technical treatment.. Surfaces such as concrete screed have been the flooring of choice for a few years now. While there’s no denying their practicality and minimalistic appeal, there’s a rising trend in interiors to eschew the industrial and focus on soft floor treatments instead. This doesn’t mean wall-to-wall carpeting is the answer, but that natural (and sometimes very old-
school) materials are back in focus. The swing back to natural, softer flooring ties in with broader social trends towards people seeking to create living spaces that feel more grounded and connected. The sentiment is that the trend towards minimal spaces has left us with homes that are often aesthetically appealing but alienating and cold.
homes. Importantly for designers, these materials offer functional benefits such as sound insulation and warmth too, making the spaces both appealing and liveable.
In response, we’ve seen more and more designers increasingly using materials like wood, cork and leather in product design for a few seasons.
The biggest obstacle designers have to overcome with these flooring choices is their association with retro interiors. So, at construction stage, we’re seeing a more technical, experimental take on old-school options, particularly cork and carpeting, with 3-D texturing adding depth and graphic appeal to surfaces.
Now, however, this is going beyond individual decor pieces to become part of the space itself, bringing a new element of tactility into
This updated view on the materials gives them a contemporary twist and broadens their appeal for a new generation of homeowners.
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Why not? Sometimes there should be no need to justify eating beautifully WORDS: CLAIRE BARNARDO
IMAGES: SUPPLIED
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he French got it right when it comes to food. Their habit of eating quality, petit portions appeals to me greatly. It’s the whole idea of ritualistic eating – an entire experience – and I believe that’s what fine dining is all about. Now, while some may be bored of the fuss, and others might sneer at the emphasis on such tiny morsels, I do not. I simply love the mindfulness of eating that way, not to mention the quality and finesse.
you: green spring magic. I couldn’t have imagined what I was about to experience.
I’m seated at Greenhouse at The CellarsHohenort, Constantia. The atmosphere is warm and the decor smart but simple. I like the fact that I’m sitting in a conservatory – a symbol of plant protection – and about to taste the restaurant’s spring creations. It is as though the ingredients have been secretly growing in there. Indeed they have. Then the time arrives and you have it before
The staff members are very clued up and provide excellent service as they bring out the various courses. There are food innovations aplenty, and I indulge my appetite as much as my mind. The mini mushroom cheesecake is a first – and unforgettable, as are the intriguing perlemoen sosatie and the perfect kabeljou with brassicas. The heavenly Nutella banana pancake consisting of hazelnuts,
To start with, a delicate bread nest arrives as the menu is explained. There’s also a small dish with what looks like two white marshmallows in it. Next, the waiter pops the two white things into the little water dish and – voila! – they expand into hand towels. Of course. And with that the tone is set for an enchanting evening.
Madagascan chocolate, caramelised banana and crispy crepes. Greenhouse is also about celebrating South African “flavourites”, and I like that about it too. The five-course menu is a voyage of delightful miniature taste discoveries, each carefully wrapped and astonishing. I can now understand why the table next to us make this their anniversary staple (they’re celebrating 13 years). As nature blooms outside, so Greenhouse delivers on a fresh, inspiring way of dining. I think I will always favour it. Pourquois pas? TASTE FOR YOURSELF: Greenhouse at The Cellars-Hohenort 021 794 2137 collectionmcgrath.com/content/landing/ the-cellars-hohenort
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11 OCTOBER 2015
Heat your entire home by ducting from a PIAZZETTA fireplace.
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Neighbourhood
11 OCTOBER 2015
Venture west Not too far away from Cape Town, the West Coast is lovely for day trips or longer tours WORDS: LAUREN ALBERTYN
IMAGES: ISTOCK
Picture-postcard beaches, glorious sunsets and beds of spring blossoms are part of the natural appeal of the West Coast. And then there’s Langebaan, with its nature reserve and tranquil lagoon
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ust outside Cape Town, along Route 27 you will encounter the West Coast in all its glory – wide-open spaces and raw natural beauty. While city folk have become accustomed to the hustle and bustle Cape Town demands, on the West Coast it feels as if time moves more slowly. Picture-postcard beaches, glorious sunsets and beds of spring blossoms – in Darling, for example – are part of the natural appeal of the West Coast.
And then there’s Langebaan, with its nature reserve, a tranquil lagoon that’s ideal for kitesurfing and kayaking, and bird-hides that allow you to observe the plentiful birdlife up close. You can adopt that laid-back attitude by lounging in one of the restaurants with ocean views. Langebaan is in no short supply of delicious eateries to placate even the hungriest. Farther along the coast you can explore historic Paternoster and its timeless beauty.
ATTRACTIONS ON THE WEST COAST • • • • • • • • • •
Kitesurfing Kayaking Nature reserve walking/cycling trails Horse-riding trails Restaurants Whale watching Wine cellar tours Country markets Oysters Tours of three to five days in duration
NEWS & LIFESTYLE
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SPOTLIGHT
11 OCTOBER 2015
Neighbourhood
RSA
NATIONAL SPOTLIGHT Shining a light on SA’s featured neighbourhood
Spotlight on the City Bowl With cafe society, cultural happenings and the mountain on your doorstep, Cape Town’s City Bowl offers an enviable lifestyle WORDS: KIT HEATHCOCK
IMAGES: PRIVATE PROPERTY, CLAIRE GUNN, ANTON SCHOLTZ, CHANTELLE HORN - CRAVE & ISTOCK
Neighbourhood
11 OCTOBER 2015
At the heart of happening Cape Town, the cosmopolitan City Bowl and its suburbs have soared in popularity in recent years as young professionals have joined those savvy longtime residents who have been enjoying its amazing views and proximity to the centre of town for years. “It feels like living in a European city rather than in suburbia,” says Mel Hagen, who has lived in Oranjezicht for 34 years. “We’re really close to everything, within walking distance from the CBD, down Government Avenue, which is a delight through the changing seasons.” Gallery owner Penny Dobbie is another longtime resident, who was way ahead of the curve: “When we selected Tamboerskloof 43 years ago it was singularly unfashionable, and all our friends in Constantia, Bishopscourt and so forth thought we had seriously lost the plot. We were attracted to the area because we wanted to be in a more vibey, cosmopolitan area and, of course, we have a view that is absolutely world-class.” Those gorgeous views over the city to Table Mountain or towards Lion’s Head and Signal Hill are a big attraction, as is the easy access to the mountain itself. The trails take you deep into nature within minutes of leaving the streets of Vredehoek, Oranjezicht or Tamboerskloof, allowing residents to combine innercity living with energetic walks, runs or bike rides, even before work. More affordable than the restored
Victorian houses and larger homes on the upper slopes, the apartments and cottages of Vredehoek and Gardens are home to young professionals drawn by the vibrant hum of the city centre, now revitalised and full of creativity. “There is an electricity to town, especially in the evenings – it comes alive with beautiful and interesting people,” comments Reese, who has been living in Gardens for the past six years. “There is always something happening, whether it is a new restaurant opening, live music or a gallery exhibition.”
I love sitting in the Company’s Garden, reading and doing some peoplewatching, going to a pub to watch a game, catching an awesome local band performing, or checking out a new exhibition REESE, RESIDENT, GARDENS
At First Thursday events, when art galleries and workshops stay open late on the first Thursday of the month, visitors are encouraged to walk between cultural happenings. Moonlight Mass is a regular cycle ride through streets on the night of the full moon. Infecting the City brings interactive art to the public spaces in March. And the Zombie Walk on Halloween has become a fun yearly fixture for charity. And that’s only the start of the list of events on the doorstep of City Bowl residents. Every day there’s the buzz of cafe society to dip into at will. Favourite neighbourhood gems include The Blue Cafe in Tamboerskloof, The Sidewalk Cafe in Vredehoek and Societi Bistro in Orange Street. Or stroll down Kloof Street, Gardens, for an embarrassment of riches.
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Bacon on Bree, Bocca, Charango and Birds, to name a few of my favourites,” adds Reese. “Also it has great places for drinks like Door 221 and Mother’s Ruin Gin Bar.” When you need to escape the bustle and breathe deeply, there’s plenty of green space to relax in. De Waal Park in Upper Orange Street is ideal for dog walkers, families and picnics, with a Victorian bandstand that hosts free summer concerts and a weekend coffee shop. Or carry on up the hill to the Oranjezicht City Farm (OZCF) in Heritage Park and volunteer to weed lettuces, make compost and learn about organic vegetable growing. The hip Saturday morning organic market that it supplies is now held down at Granger Bay and is a regular shopping date for urban foodies. And, of course, the historic Company’s Garden is a personal back garden for many locals, flanked by the South African National Gallery and Iziko South Africa Museum. While there is a tendency for young families to move out to the ’burbs when the kids grow to school age, whether for a greater choice of schools or for larger properties with gardens, those who stay put have schools such as Herzlia, St Cyprian’s, Hoërskool Jan van Riebeeck, the German International School Cape Town (DSK) and the French School of Cape Town to choose from. If you love to feel the hum of urban living, be part of the city’s cultural activities, soak up its creative energy, walk to work and see the mountain on your horizon every day, then City Bowl living is the answer.
Bree Street in the CBD has claimed its place as foodie central. “You can’t go wrong with Bree Street. You’ve got
WATCH THIS NEIGHBOURHOOD COME TO LIFE AT
privateproperty.co.za/city-bowl
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SPOTLIGHT
Neighbourhood
11 OCTOBER 2015
EAT LIKE A LOCAL • B occa, for great pizzas and pasta and a lively vibe • S ocieti Bistro, for tasty bistro fare and a lovely courtyard for sundowners • T he Blue Cafe, for tasty breakfasts with a relaxed neighbourhood cafe vibe lack Sheep, for a trendy crowd and • B seasonal modern cuisine • B acon on Bree, for the best artisanal bacon sandwiches • T he Company’s Garden Restaurant, for relaxed lunches in an outdoor setting
BOCCA
SOCIETI BISTRO
You can’t go wrong with Bree Street. You’ve got Bacon on Bree, Bocca, Charango and Birds, to name a few of my favourites. Also it has great places for drinks like Door 221 and Mother’s Ruin Gin Bar REESE, RESIDENT, GARDENS
BACON ON BREE
THE BLUE CAFE
DOOR 221
There is an electricity to town, especially in the evenings – it comes alive with beautiful and interesting people REESE, RESIDENT, GARDENS
MOTHER’S RUIN GIN BAR
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11 OCTOBER 2015
SPOTLIGHT
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MORE THINGS TO DO • Watch awesome indie and mainstream movies at the Labia Movie Theatre on Orange Street. • Work out at the Virgin Active health club in trendy Wembley Square. • Shop at City Bowl Market on Hope Street on Thursday and Friday evenings. • Indulge in afternoon tea at the (Belmond) Mount Nelson Hotel. • Join aquarobics classes at Swimmable in Gardens Centre. • Take a free cable car ride up Table Mountain on your birthday.
Those gorgeous views over the city to Table Mountain or towards Lion’s Head and Signal Hill are a big attraction, as is the easy access to the mountain itself
LABIA MOVIE THEATRE
MOUNT NELSON HOTEL
Q&A everyone: families with children who attend the excellent schools; professionals; youngsters and retirees. Investors buy for holiday use or to let, and some buy now for future use. Q: WHAT MAKES PROPERTY HERE A GOOD INVESTMENT? A: Excellent continuous growth in value and good rental returns, as well as opportunities in a wide price range and in varied segments (buy-to-live and buy-to-let, sectional title, own title and commercial). Growth is not directly dependent on the regular countrywide fluctuations and politics.
Q & A with Charl and Adél Louw FRANCHISEES AT CHAS EVERITT ATLANTIC SEABOARD
CONTACT: Charl Louw 083 303 3131 charl@everitt.co.za Adél Louw 082 499 4258 adel.louw@everitt.co.za
Q: HOW LONG HAVE YOU BEEN WORKING IN THIS AREA? A: It is still early days. We purchased a property and moved to the area just over a year ago and opened a Chas Everitt office at about the same time. We saw business potential in the area and were confident about investing in City Bowl property ourselves. Q: WHAT DO YOU LOVE ABOUT THIS AREA? A: The fact that all one needs to enjoy life is on one’s doorstep – nature, sports facilities, entertainment, restaurants, shopping, the best health care, schools… Residents can choose to live in the quiet (yes!) villagelike fringes of the city, high up against the slopes of the mountain (Oranjezicht, Higgovale and Tamboerskloof), but still be a part of city life. The more affordable Vredehoek and Devil’s Peak areas are dominated by students and young adults, and the properties are a mix of modern and old. You’ll even find beautifully
renovated Victorian homes. Lower down in the city centre, houses, apartments and semis can be bought. And if the sea and boats are more your thing, why not a penthouse or an upmarket security apartment in the V&A? Q: WHERE’S YOUR FAVOURITE SPOT FOR A COFFEE? A: The most difficult question of all. The Library at the Cape Grace hotel at the V&A – the coffee is good, as is the ambience. And, of course, the crunchies. It’s our first choice when we need to talk business. Liquorice & Lime in Kloof Street is also a must. The freshly baked toasted Parmesan croissant with gypsy ham, mustard and Cheddar for breakfast is phenomenal. If you are trying to cut down on your caffeine, try the freshly prepared carrot and ginger juice. Q: WHAT KIND OF PEOPLE BUY PROPERTY HERE? A: The offering is so varied that the City Bowl accommodates
Q: WHAT’S THE MOST INTERESTING PROPERTY YOU SOLD THIS YEAR? A: It was a semidetached property in a quiet, historical part of Tamboerskloof. The delicate renovation of the historical building was well planned and well executed, resulting in good flows and nice entertainment areas.
CAPE GRACE
It has no off-street parking but is charmingly beautiful inside and out, with quality finishes. It quickly won someone over and we sold it for just more than R5m. As things go, the transaction was not all smooth: a neighbour voiced concern about rainwater management and damp issues, due to water possibly seeping through a new retainer wall. Independent professionals and even the City’s building inspector were called in at the seller’s expense. They gave the building a clean bill of health and now all parties are happy and the buyer has peace of mind. The seller – by adding value to the property and being sensitive towards the historical nature of the building, as well as by providing for modern lifestyle needs – made an excellent return on investment. The buyer, meanwhile, by purchasing here, has secured a solid investment in a good location. The property’s value has risen already; however, I do not think it will be back on the market soon.
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SPOTLIGHT
Neighbourhood
11 OCTOBER 2015
At the heart of happening Cape Town, the cosmopolitan City Bowl and its suburbs have soared in popularity in recent years as young professionals have joined those savvy longtime residents who have been enjoying its amazing views and proximity to the centre of town for years
Property demand in the Cape Town City Bowl
7%
9%
14%
17%
Properties listed for sale in the Cape Town City Bowl comprise approximately 7% of the total sale listings in the Cape Town region.
Approximately 9% of the interest (views) in properties for sale in the Cape Town region is attributable to properties listed for sale in the Cape Town City Bowl.
Properties listed for rent in the Cape Town City Bowl comprise approximately 14% of the total rental listings in the Cape Town region.
Approximately 17% of the interest (views) in properties for rent in the Cape Town region is attributable to properties listed for rent in the Cape Town City Bowl.
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11 OCTOBER 2015
Median asking prices for City Bowl properties for sale
R3,18m A typical property (two-bedroom apartment)
R5,33m
R5,14m
R2,85m
A property in a complex
A house
A flat/apartment
SPOTLIGHT
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Property types for sale
30%
3%
Complex
House
67% Flat/Apartment
Property types for rent
19%
8% Complex
House
Median monthly asking prices for City Bowl rentals
73% Flat/Apartment
R18,800 R22,200 R21,000 A typical rental property (two-bedroom apartment)
in a complex
for a house
R16,100 for a flat
2 bed, 1 bath AVAILABLE NOW.
Not ready to buy? Find a rental now. A home for everyone www.privateproperty.co.za
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PROPERTY NEWS
Neighbourhood
11 OCTOBER 2015
Mall of Africa rapidly nearing completion
The Mall of Africa in Midrand will include at least 261 retail tenants WORDS: LISA DEWBERRY
IMAGES: SUPPLIED
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ocated in Midrand, the R3,5bn Mall of Africa seems to be on track for completion at the end of April next year. The largest retail development to be constructed in a single phase in Africa, it is also the catalyst for the construction of a new city, the Waterfall CBD. The development is being financed by Nedbank Corporate Property Finance. Tia Kanakakis, architect from MDS Architecture, the firm responsible for the mall, says some of the initial 12 cranes at the development have started to come down in recent months, confirming that the structural components, the roof and the facade are well advanced. “Although there’s still scaffolding visible from the exterior, the interior
of the mall is also progressing well, with various finishes and landlord tenant installations being completed. The leasable area will be 131,000m², with 261 tenants setting up shop in this new luxury development. “The inception of the design took place in 2012 and the inspiration for the mall and courts was drawn from the natural and geological beauty of the African continent,” she says. The major tenants are Edgars, Woolworths, Truworths, Checkers, Ster-Kinekor and Game. According to Kanakakis, the centre
has high shopfronts, wide malls and an abundance of natural light, and is designed in an aesthetic palette with unique elements, such as parts of the structure opening up to the outdoors. This includes the north piazza of the
The inspiration for the mall was drawn from the natural beauty of Africa TIA KANAKAKIS, ARCHITECT, MDS ARCHITECTURE
mall tying into the commercial zone of the Waterfall CBD, and the south side of the mall opening up to the southern Town Square, a restaurant node with magnificent views. Gerhard Saayman, an engineer at Aurecon, which is providing design and construction supervision teams for the project, says the sheer size of the mall, with its building area of 485,000m² (the equivalent of 65 rugby pitches), makes it a rewarding project to work on. According to him, there will be four courts depicting different climate zones on the continent within the mall.
These include the Oleum court depicting oil-rich West Africa, the Great Lakes court depicting East Africa, the Crystal court depicting the mineral wealth of South Africa and the Sand court depicting the deserts of North Africa. “The main construction period for this massive development is only 32 months, making it a challenge for the main contractor, who requires a huge amount of design and construction documentation to be produced by design consultants in a short period of time. “A unified team with a deep understanding of timelines and construction sequences of retail developments has been needed to fast-track the construction of such a large project,” says Saayman.
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11 OCTOBER 2015
Analyse it
PROPERTY NEWS
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RSA
NATIONAL NEWS STORY
PATRICK CAIRNS
Opening the door to different neighbourhoods in SA
A $20bn lesson L
ast month news broke of what is certainly the ugliest corporate scandal of the year. Vehicle manufacturer Volkswagen admitted that it had been cheating on US emissions tests for its diesel vehicles for more than six years. The fallout was swift and brutal. Volkswagen’s share price dropped nearly 30% in a week, the CEO resigned, angry customers and investors began filing dozens of lawsuits against the company, and authorities announced investigations all over the world. Given the huge number of vehicles involved, Volkswagen faces a potential fine of $18bn (about R250bn) from the US Environmental Protection Agency alone. Bloomberg estimates that the total cost of settling class action lawsuits and paying other fines around the world could take the company’s total liability to more than $20bn. That is double its total net profit for 2014.
New to the Neighbourhood:
Cape Town City Bowl There’s nothing more exciting than moving into a new neighbourhood. Here’s what Lucia Knight loves about her new home in the Cape Town City Bowl WORDS: ANDREA KIRK
IMAGES: SUPPLIED
Q: How did you find your property? A: It took five months of dedicated searching. We scoured the internet and eventually found what we were looking for through Chas Everitt International Property Group.
Given the potential scale of the impact, one can’t help asking what Volkswagen gained from doing something so unethical and potentially criminal. This is particularly vexing because it isn’t even the first car manufacturer to be caught out. A number of other companies, including General Motors, Ford, Caterpillar and Volvo Trucks, have all been found guilty of cheating in their emissions tests, although on a much smaller scale.
picting es ystal
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It is a rather depressing list of corporates that believed that whatever short-term profit benefit they were getting was worth the long-term risk to their credibility. They also showed that they were prepared to disregard the needs of their customers to serve their own interests.
If that happens, it is market share that Volkswagen will never regain. And there is a lesson in that not only for Volkswagen, but many other businesses too
A
fter months of searching, Lucia Knight and her husband, Thom Pierce, have found “the one”: a three-bedroom cottage near vibey Kloof Street in Gardens, Cape Town. We find out what they love about city living at the foot of Table Mountain.
Q: What do you wish you’d known before you started looking? A: How tough the market really is in the City Bowl. There’s a very short supply of properties available and the market is highly competitive. When you see something you like, you need to act very quickly or risk losing the opportunity to buy it. We had to decide whether it was a “yes” or a “no” after just one look at the house, because we didn’t want to risk it getting snapped up by someone else.
There’s a very short supply of properties available and the market is highly competitive
Q: What do you love about your new property? A: There are so many things to love about the house and the area, but what really sold it to us was the spectacular view of Table Mountain from the upstairs areas.
It may be asking too much, but the enormity of what Volkswagen faces will hopefully lead to some introspection in boardrooms around the globe. The world is changing, and businesses can no longer ask to be judged only on how much money they are able to make.
Q: Did you know exactly which area you wanted to be in? A: We knew we wanted to be in the City Bowl, but we were flexible about exactly which area we’d buy in. Anything from Vredehoek to Green Point would have worked for us.
As new technologies and services that put the customer first and ensure sustainability change the way in which business is done, companies that sacrifice the environment and their own customers’ wellbeing for the sake of profit are going to be pushed aside. Analysts are already talking about the likelihood of Volkswagen’s blunder speeding up the adoption of electric vehicles from competitors such as Tesla Motors.
Q: What’s your favourite thing about the area? A: It’s so close to all the action. We used to drive here in the evenings and on weekends to go out for dinner or meet up with friends. Eventually, we realised we wanted to live where the fun happens. Now we’re within walking distance of all the great coffee shops and restaurants on Kloof Street, which we love! It’s a freelancer’s paradise because there are so many cool spots to set up office for the day.
If that happens, it is market share that Volkswagen will never regain. And there is a lesson in that not only for Volkswagen, but many other businesses too.
FIND OUT MORE ABOUT YOUR NEIGHBOURHOOD Visit Private Property at privateproperty.co.za.
Q: What’s your favourite local coffee spot? A: Anywhere on Kloof Street.
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PROPERTY NEWS
Neighbourhood
11 OCTOBER 2015
Exceptional value for money Those who are struggling to find a reasonably priced home should consider turning their attention to the Western Seaboard WORDS: LEA JACOBS
IMAGE: NOVOS GROUP
A
nyone who is considering investing in property in the Table View area should do so sooner rather than later. As one of the most affordable areas in the Western Cape, it has witnessed impressive sales figures over the past couple of years. As things stand, a total of 639 properties with a collective value of R776,470m have changed hands in Table View proper. The average price paid for a freehold home is R1,325m, and R850,000 for a sectional title property. Lightstone statistics indicate that in Table View Extension 13, 23 properties have been registered at the deeds office in the past 12 months. The average price for a freehold property is R2,1m while the price of sectional title units is averaging
out at R1,788m. A total of 24 homes in Table View Extension 5 have changed hands over the past year. The average price paid for a freehold home and a sectional title unit is R1,235m and R1,080m respectively. Lew Geffen, chairman of Sotheby’s International Realty, says the fact that sales are flourishing doesn’t come as a surprise. “The area has a solid reputation as being a family-friendly suburb. It’s one of 10 most established suburbs on the Western Seaboard and as such boasts excellent infrastructure in the form of good schools, medical facilities and shopping amenities. The area also boasts a large business and commercial hub, which means that many residents can avoid commuting to the city on a daily basis.”
The lifestyle enjoyed by residents in this suburb appears to be a major draw card and, judging by the stats, those who move here aren’t in any rush to leave. Lightstone statistics show that 45% of those who live in the area have done so for the past 11 years or more. Wouter Pentz, licensee at Seeff Blouberg, says, “One of the big attractions of the area is that there is something here for everyone, from starter flats and smaller houses to large family homes, beachfront apartments and luxury estate and beach houses.” He says that although demand has driven prices up significantly over the past five years, the value buyers get when buying under R2m is exceptional.
One of the big attractions of the area is that there is something for everyone, from starter flats and smaller houses to large family homes, beachfront apartments and luxury estate and beach houses
Neighbourhood
11 OCTOBER 2015
PROPERTY NEWS
17
Atlantic Seaboard’s
X factor
Here’s why buyers are willing to pay a premium to live in this exquisite region WORDS: LEA JACOBS
IMAGE: ISTOCK
The Atlantic Seaboard lifestyle is almost without compare – the stunning views, beautiful white sandy Blue Flag beaches, rocky coastline and palm-fringed promenades lined with trendy hangouts IAN SLOT, MANAGING DIRECTOR, SEEFF ATLANTIC SEABOARD
J
ohn F Kennedy once said, “We are tied to the ocean. And when we go back to the sea, whether it is to sail or to watch, we are going back from whence we came.” Coastal properties that boast sea views have always been popular and generally command a premium regardless of where they are situated. However, given the rise in property prices along the Atlantic Seaboard, it seems there is far more at play than a sea view. So exactly what is it that encourages high-end individuals to part with their hard-earned millions in a bid to own property in this exclusive area? Ian Slot, managing director, Seeff Atlantic Seaboard, says that the area has “the X factor”. He puts this down to its location, the scarcity of land and the area’s exclusivity. “The context of the setting between mountain and sea, which are scenic to say the least, as well as the fact that Cape Town is the country’s most popular tourist city, prove that location cannot be overemphasised.” Slot adds, “There is a limit to how much land and property there is, and with so much demand, the prices and values and can only go up. What we are finding is that buyers will now buy an older house for the location and knock it down.” As far as exclusivity is concerned, Slot says, “When investing on the Atlantic Seaboard, you know you are investing in a solid store of wealth – you are surrounded by land
that has not only retained its value for over 50 years but has grown in value at record rates and delivered phenomenal growth for property owners. You are also surrounded by only an exclusive few who can afford to live in the area.” And then there is the lifestyle. Slot says, “The Atlantic Seaboard lifestyle is almost without compare – the stunning views, beautiful white sandy Blue Flag beaches, rocky coastline and palm-fringed promenades lined with trendy hangouts.” Basil Moraitis, area manager, Pam Golding Properties, says there is no doubt that the spectacular scenic views provide a compelling reason for buyers to acquire property in the area. However, he adds that the proximity of attractions such as the V&A Waterfront, Cape Town’s city centre and the Kloof Street area, with its host of restaurants, pavement cafes and various other forms of entertainment, all contribute to a highly desirable residential location. Says Moraitis, “Iconic homes with unique features which make these properties highly appealing and which are well positioned on guaranteed view sites are sought after among very high-end buyers.” “Such buyers are prepared to pay a premium for the assurance of owning a property located in a very elevated position, where their spectacular view is guaranteed and cannot be obstructed in the future,” he says.
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Neighbourhood
11 OCTOBER 2015
SHOW DEVELOPMENT
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Neighbourhood
SHOW DEVELOPMENTS
To see more on the
DEVELOPMENTS featured here
visit yourneighbourhood.co.za/developments
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Neighbourhood PROPERTY & LIFESTYLE
Your property guide and show house listings in the Sunday Times.* * Selected areas only. Excludes Express edition.
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SHOW DEVELOPMENT
11 OCTOBER 2015
Beautiful living at Westlake Eco-Estate Situated near the Westlake wetland and its diverse bird- and animal life, Westlake Eco-Estate offers the practicality of urban living at the edge of nature
Neighbourhood
Neighbourhood
BALWIN PROPERTIES Balwin Properties has been developing spectacular townhouses since 1996. The company started off developing property in the south of Johannesburg and has grown to the north and east of the city. Inspired by four brilliant directors, Balwin Properties is turning over a new leaf and is continually evolving to produce eco-friendly products and facilities within each of its new and exciting developments, in order to reduce the carbon footprint of its developments. Every new development produced by Balwin Properties is tailor-made to meet its customers’ needs and improve their standard of living and lifestyle.
11 OCTOBER 2015
M
aya Angelou said, “I’ve learnt that making a living is not the same thing as making a life.” But it can be difficult to find time for both – doing what we have to do and doing what we want to do. Balwin Properties’ latest development, Westlake Eco-Estate, in Modderfontein, enables this balance: it is not only the perfect environment for beautiful living, but is also conveniently located for easy access to business centres, schools, shopping centres and healthcare facilities, and it offers residents access to a wide range of world-class on-site leisure, sporting and entertainment facilities. For those who need to get their heart rate up, Westlake offers a squash court, fitness track and a Discovery Vitality gym. For residents who wish to unwind, Westlake has an on-site spa, green walkways and picnic pockets.
ON SHOW The show unit at Westlake EcoEstate is available for viewing on Wednesdays, Saturdays and Sundays, from 2pm to 6pm.
Enjoying quality time with friends and family is easy in the Westlake Lifestyle Centre, with its restaurant, entertainment centre, braai area, children’s play area and swimming pool – all in the safety of the 24-hour physical and electronic security of the estate.
Westlake Eco-Estate offers young men and women, single professionals, couples and families the perfect opportunity to make a beautiful life for themselves The one-, two- and threebedroom apartments are stylish, spacious, beautifully finished and Wi-Fi-ready, come standard with eco-friendly appliances and are fitted with smart meters, for practical, convenient green living. Work on this 790-unit development has begun, and the show unit is expected to be ready in October this year. Already proving popular with homebuyers and investors, Westlake Eco-Estate offers young men and women, single professionals, couples and small families the perfect opportunity to make a life for themselves – a beautiful life!
SHOW DEVELOPMENT
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For more information:
CONTACT
Slade Brookes, 083 612 2515 slade@balwin.co.za balwin.co.za
estlake
eco-estate m o d d e r f o n t e i n
Neighbourhood
11 OCTOBER 2015
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MARKETPLACE
Neighbourhood
MARKETPLACE
Area Guide
Agency Guide
ATLANTIC SEABOARD Clifton
26
Seapoint
26
Three Anchor Bay
26
CITY BOWL Higgovale
25
Oranjezicht
26
Woodstock
26
35
Sanddrift
36
Sunset Beach
34
Table View
35
Van Riebeeckstrand
33,
Waves Edge
24, 34, 36
West Beach
24, 32, 36
WEST COAST Yzerfontein
40
Atlantic Beach Estate BetterLife Chas Everitt International Property Group ERA Real Estate Leapfrog Properties Pam Golding Properties Pandora Rawson Properties Re/Max International Property Group Seeff Properties Sotheby's international Realty Val de Vie
37
38 26 35 33 30 - 32 40 34 24 - 25 36 28 - 29 27
NORTHERN SUBURBS
SOUTHERN SUBURBS Pinelands
Royal Ascot
24
Durbanville
30
Plattekloof
31
Welgedacht
30
WESTERN SEABOARD Big Bay
29, 32, 34, 36
Atlantic Beach
33, 37, 39
Atlantic Links
33
Blouberg
24, 35, 36
Bloubergrise
32
Bloubergstrand
29, 34, 35
Bloubergrand
24, 34, 35, 36
Bloubergsands
32
Eden on the Bay
35
Melkbosstrand
24, 29, 33
Parklands
24, 29, 34, 35, 36
BOLAND, OVERBERG & HELDERBERG Boschenmeer
30
Fernkloof
30
Franschhoek
30
Hermanus
30
Kwaaiwater
30
Paarl
27
Somerset West
30
Val de Vie
27, 30
Classifieds: Atlantic Beach Property Sales Rawson Properties
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