Neighbourhood CT - 20 January 2019 by Your Neighbourhood

Neighbourhood 20 JANUARY 2019

PROPERTY & LIFESTYLE

Home truths Quiet streets lined with huge trees, established gardens, and family homes, Pinelands really is the quintessential suburb, page 6

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NEWS & LIFESTYLE

20 JANUARY 2019

Editor’s exclusive CARLA REDELINGHUYS

In your hood:

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All over SA

Môreson | moreson.co.za Stark-Condé Wines | stark-conde.co.za

Mi casa, su casa H

ome is where the heart is, or so the saying goes. And no one would ever be able to say that chef Santi Louzán doesn’t have heart. It’s his passion for food, for creating edible masterpieces, that immediately draws you to this gregarious man. It’s a warm Wednesday evening in the heart of the Mother City and I’m on my way to Longmarket Street for an evening of gastronomic delight. Hosted in his modern apartment above the Eastern Food Bazaar, chef Santi’s Chef’s Table is an intimate and exclusive dining experience. He hosts only between 16 and 22 people per event, and you can either book for a group, for you and a few friends, or just go on your own and join travellers from around the globe. Says chef Santi, “The idea behind the Chef’s Table is about more than food. It’s an opportunity to have a close-up encounter with a chef and hearing his stories, meeting other people and sharing yourself with them. At the end of the evening you’ve hopefully enjoyed the food, but more important is that you have wonderful memories with new friends.” Each dish is introduced with an anecdote about his Spanish roots, his time working in top UK and European kitchens, or his love of Cape Town. The menu changes seasonally, but we were treated to mushroom velouté with truffle oil; Spanish relish and mussels; prawn cocktail (something totally different to the traditional

one we know); crab hake and caviar dill oil; Spanish chorizo salad; duck breast with a cherry jus; baby potatoes and seasonal vegetables, and then, the star of the evening, the Pollocks dessert – think Jackson Pollock but the canvas is brown paper and the paint delectable sweet treats.

All the dishes are paired with local wines – this evening with wines from Lozärn. (We’ll be doing a full feature on this boutique estate in Bonnievale in the 3 March edition of Neighbourhood.) And because his home is such a big part of what makes the Chef’s Table what it is, we asked chef Santi to share something about it: Q: Tell us a bit more about the space. Why is it perfect for your events? A: Any space is perfect as long as it represents you. It has to convey your personality to your guests. Q: What attracted you to the area? A: I felt I was in the heart of Cape Town; the centre. I could pop down and have a coffee at a quiet street cafe or be right there in the hustle and bustle. For me it resembles Manhattan and I love it. Q: Have there been many changes in the area since you’ve moved in? A: Yes, and the positive and not-sopositive are connected. There are lots of new, fancy places opening, from bakeries to apartment blocks, new shops etc. which is good – it’s good for jobs and good for the economy – but I hope the little man that’s been part of the local scene for many years, the guys I say “hi” to in the mornings on my way to get fresh produce, don’t get pushed out and that the core of what makes this area special remains.

SEE FOR YOURSELF: For more info, visit chefstablecapetown.com.

The cream of the crop The Oscars of the wine industry saw two talented winemakers walk away with the coveted Diners Club Winemaker of the Year Award WORDS: RICHARD HOLMES IMAGES: SUPPLIED

old bottle stickers and stars help to sell wine, but for South African winemakers there are few accolades quite so prestigious as the Diners Club Winemaker and Young Winemaker of the Year awards. At a black-tie gala dinner at La Residence Hotel in Franschhoek last year, Clayton Reabow of Môreson estate in the Franschhoek valley was named Diners Club Winemaker of the Year, the 38th year the award has been bestowed. Unlike most competitions in the wine industry, there’s no cost to entering the Diners Club awards. All a prospective winner has to do is submit one of their wines in the chosen category of that year. Singlevarietal chardonnay was chosen as the category for the 2018 awards, and Clayton impressed the judges with his Môreson 2017 Mercator Chardonnay. That’s no surprise either, as the estate dubs this barrel-fermented chardonnay its “award magnet”, with previous vintages winning five stars from the respected Platter’s Guide, as well as Double Gold medals at the annual Veritas awards. Impressively, Clayton was also a finalist in the 2017 Winemaker awards, when pinotage was the category being judged. Clayton completed his

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viticulture and oenology degree at the University of Stellenbosch in 2004, before juggling local vintages with harvests in Bordeaux and Germany’s Mosel Valley. On returning to South Africa, he was appointed winemaker at Môreson in 2007. Alongside the Winemaker of the Year award, the Diners Club Young Winemaker of the Year award recognises talented winemakers under the age of 30. This year the category being judged was red wines of any varietal or blend, and Rudger van Wyk of Stark-Condé Wines in the Jonkershoek Valley walked away with the gong for his StarkCondé 2016 Stellenbosch Syrah. A graduate of the Cape Winemakers Guild Protégé programme, Rudger worked at leading local estates, and completed a harvest in Burgundy, before joining Stark-Condé Wines as assistant winemaker in 2016. He was appointed to the position of winemaker last year. While the accolades and statuette make a fine addition to their respective mantelpieces, Clayton and Rudger also walked away with an impressive prize – each won a pair of return air tickets on Delta Air Lines to any wine-producing region in the USA, and up to R50,000 in spending money.

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Group Editor: Carla Redelinghuys carla@yourneighbourhood.co.za Senior Sub-Editor: Marana Brand Designers: Anja Bramley & Samantha Durand Visit yourneighbourhood.co.za

Call us for advertising opportunities on 087 828 0423 Production (Editorial & Property Advertising): Lucea Goosen capetown@yourneighbourhood.co.za Online coordinator: Chantelle Balsdon chantelle@augmentcreative.com

20 JANUARY 2019

Neighbourhood

In your hood:

Cape Town CBD

In your hood:

Fyn Restaurant | 021 286 2733 | fynrestaurant.com

It’s a P Fyn life Peter Tempelhoff re-imagines fine dining for the urban foodie WORDS: KIT HEATHCOCK

IMAGES: BRUCE TUCK

NEWS & LIFESTYLE

Winelands

Allée Bleue Chicnics | bit.ly/2PA3kkf Picnics at Spier | bit.ly/2Hfr0KQ Solms-Delta Picnics | bit.ly/2RNqEzg

eter Tempelhoff’s new restaurant, Fyn, on the rooftop of the historic Speakers Corner building in the CBD, is pioneering a new style of fine dining for a fast-paced city lifestyle. “Nobody in the city has the time for fine-dining tasting menus,” says Peter. “We thought, let’s take all the flavours of a three-hour tasting menu and do it in under two hours.” He achieves this with Japanese-inspired kaiseki trays, giving each diner their own tray of three or four dishes at a time. We start with a bento box of exquisite canapes. A tiny prawn samosa, a crunchy daikon maki roll, a gorgeous sea bass nigiri, each one incredibly detailed, delivering a tantalising mouthful of bliss. After a bread course of sesame sprinkled baguette dipped in melting bone marrow ash, our kaiseki trays of starters arrive. Each of the four dishes is a meal in miniature, an intense series of tastes: poached scallop on braised onions and subtly spiced lentil velouté, seared tuna with kelp biltong, pickled cucumber with shiso, succulent quail with glazed eel, parsnip puree and tiny squares of tea-aged pear. Peter’s love for Japanese cuisine and culture comes through in the presentation. “The minimalism of it appeals to me,” he says. “It’s got to balance for the eyes first, even the way the plates go on the trays has to be harmonious.” Chef Ashley Moss, previously head chef at Peter’s award-winning Greenhouse in Constantia, heads up the Fyn kitchen, and is working the same culinary magic here. A superb wine list courtesy of Jennifer Hugé (previously front of house manager at La Colombe), includes wines not found anywhere else, such as Neil Ellis’ Op sy Moer, a stunning smooth blend of palomino, grenache blanc and chenin blanc, of which only 380 bottles were made. Roast guinea fowl is our main course, elegant and satisfying, with poached leeks, wood ear mushrooms and miso cream, paired with deep velvet Vriesenhof Pinotage 2009. Lastly a kaiseki tray of three sublime desserts: blueberries and yuzu, chocolate and salted Japanese plum, and lime compressed strawberries with green tea and white chocolate, making us want to linger over every mouthful, soaking up views of Table Mountain, and paragliders around Lion’s Head, before heading back out into the city bustle below.

Life’s a picnic Here are the best spots to throw down a picnic blanket in the Winelands WORDS: BELINDA MOUNTAIN

IMAGES: SUPPLIED

t’s that blissful time of year when the days are long and alfresco dining is at its best in the Western Cape. So we’ve rounded up our top spots in the Winelands to nibble on some delicious snacks and sip on some vino as you lounge on a picnic blanket and soak up the scenery.

Allée Bleue

Surrounded by arresting Franschhoek scenery, Allée Bleue offers what they call “chicnics”, chic versions of a picnic. Standard, vegetarian and children’s picnics include delicious treats like a roasted beef or chickpea wrap with herbs, fresh tomato and spicy mayo, local cheeses, freshly baked breads with tapenade, farmgrown salads, and a lemon posset with chocolate mint cookie crumble. Lounge under the shade of ancient oak trees as you savour awardwinning wines and the kids play on the jungle gym, jumping castle and in the large sandpit. From January to April they also feature live music once a month from local muso Guy Feldman, who will perform well-known songs from the 60s. Bookings are essential.

Spier

Spier has so much to offer those wanting an entertaining day out, but their picnics are also noteworthy. Pre-order your basket (if you like to be organised), or for the more spontaneous, you can pick and choose goodies from The Farm Kitchen once you get there. Think charcuterie and pickled gherkins, coronation chicken, smoked corn and green pepper salad, and chocolate brownies with berry compote. They’ve gone to great lengths to source local and sustainable ingredients, many of which are grown on their own farm.

Solms-Delta

Father of two Steve Parkes says they loved their recent picnic at SolmsDelta, situated 45 minutes’ drive from Cape Town in the Franschhoek Valley. “A tractor takes you to the various available venues (which the boys loved), plus most picnic spots are quite private from each other and there’s a stream and dam for the kids to play in.” Feast on fire-baked roosterkoek with wild rosemary butter, Camembert with pineapple chutney, beef biltong and snoek pate, and finish it all off with malva pudding and custard.

ADVERTORIAL

20 JANUARY 2019

Neighbourhood

Rocking the shandy with Cause Effect The Angostura Rock Shandy is the ultimate summer refreshment and an iconic SA recipe – the first choice in South African restaurants, country clubs and cocktail bars

ver the years the original Rock Shandy recipe has taken on many variations across the globe, but no matter where you are in the world, all shandies keep to one key element – those essential few dashes of Angostura aromatic bitters that give it that extra depth of flavour. On home soil, the simple recipe is a combination of lemonade and soda over ice with a few dashes of Angostura aromatic bitters to taste. Offering the perfect serve, Cause Effect in Cape Town is an experiential cocktail kitchen and brandy bar inspired by the city’s fynbos, oceans, vineyards and mountain. You may not find the traditional Rock Shandy on the menu among their locally inspired creations, but it’s a timeless SA classic that no bartender worth their salt can’t pour.

WIN You can win one of six cocktail experiences at one of SA’s top bars, including Cause Effect Cocktail Kitchen. For more information, visit AngosturaRockShandy.co.za to enter.

SEE FOR YOURSELF Facebook: @CauseEffectBar Instagram: @causeeffectbar angosturarockshandy.co.za Facebook: @AngosturaZA Instagram: @angosturaza

Cause Effect mixologist Michael Mudzenda has been mixing between continents for eight years. His very first encounter with Rock Shandy was at his first bartending job. “A client came in one morning looking rough after a big night out, so he ordered a Rock Shandy; he said ‘to help him pull himself towards himself’. Being new at the time, my colleague made this magical drink and the customer felt much better afterwards. Ever since that day it has been my go-to drink for tummy aches and hangovers.” Michael says that while all serves are constantly evolving, the Rock Shandy’s original recipe is a popular request at bars and that it’s easy enough to replicate at home – even using it as a base to make new unique shandy recipes.

PINELANDS

R 5 650 000

LARGE FAMILY HOME/GUEST HOUSE Totaling 6 self contained bedrooms and en suite bathrooms and pool OR a 3 bedroom home with 3 en suite bathrooms, lounge, dining and open plan, granite top kitchen, braai area, pool and 3 outside ﬂatlets. Loads of parking, tandem garage, perimeter wall & electric fence . This pristine property can function as a Guest Home OR house, the choice is yours! Web Ref: RXBS-0474 CIndy Sarandis 071 081 4413 | RE/MAX Property Associates 021 531 4477

PINELANDS

R 6 000 000

L SO

PINELANDS

R 5 550 000

DY SO

N CI

LARGE DOUBLE STOREY HOME WITH 7 PLUS BEDROOMS

CLASSY HOME IN CHAMPAGNE

Double storey old school charm meets German precision - this property is well positioned on a large stand and oﬀers huge potential for large family accommodation, B&B operator or corporate accommodation in the centre of Pinelands.

4 Bedrooms, 4 bathroms (3 en-suite), lounge, dining room, ﬁreplace, tv room, guest toilet & shower, under cover patio with blinds, bar, braai & sitting area, Caesarstone kitchen, eating counter, gas stove, appliance area, wfh with entrance, triple carport, extra parking plus pool & wendy house.

Quentin von Stein 083 460 4048 | RE/MAX Property Associates 021 531 4477

PINELANDS

Web Ref: RXBS-0573

R 5 500 000

D OL

N CI

Cindy Sarandis 071 081 4413 | RE/MAX Property Associates 021 531 4477

Web Ref: RXBS-0590

PINELANDS

SIMPLICITY IS ELEGANCE

POP IN TO OUR OFFICE AT HOWARD CENTRE

Remodelled home is 449m² on an erf of 1165m² with unbroken views of Table Mountain. All four bedrooms are en-suite and 3 have fashionable walk in closets. Living area open space with built in braai and stacker doors leads to garden. Additional formal lounge with ﬁreplace and TV lounge.

We are at Shop G58, Situated in the Howard Centre, Forest Drive, Pinelands.

Cindy Sarandis 071 081 4413 | RE/MAX Property Associates 021 531 4477

Web Ref: RXBS-0691

RE/MAX Property Associates 021 531 4477 | pinelands@remaxpa.co.za

PROPERTY NEWS

20 JANUARY 2019

Neighbourhood

Suburb focus

Pinelands This week we head to one of Cape Town’s oldest suburbs

WORDS: KIT HEATHCOCK IMAGES: NATASHA LASSEN, SUPPLIED & GOOGLE MAPS *Map not to scale

inelands really is the archetypal suburb: tree-lined streets, houses on large leafy plots, curving crescents, peace and quiet insulated from the urban bustle. Developed from 1918 onwards along the idealistic models of the international Garden Cities movement, it was the first of its kind in South Africa, reaching maturity and converting to a municipality in 1948. Now long-established, Pinelands has been home to several generations of the same families and, according to residents, once here it’s hard to leave. From creches and excellent schools, to fantastic old-age homes and the Vincent Pallotti Hospital, it serves every stage of life, and those who move away as young adults often return to bring up their own children. “I grew up here myself,” says resident Andy Stuart. “I’ve lived in Sea Point and Woodbridge Island, but I came back. It’s a wonderful place to raise children, and all my siblings live here too. I love the community and that it’s getting so diverse.”

SHOPPING • The Howard Centre: Pick n Pay, Woolworths, banks and coffee shops • Central Square Centre: Spar, Clicks, hardware, pet shop and more • West End Mall at Mutual Park: Dischem, CNA and various other shops and services

PLAY • Old Mutual sports club and gym for sports and fitness • Oude Molen Eco Village for horseriding and outdoor play • Be.Up trampoline and climbing park for the whole family • Golf at Mowbray Golf Club

We love living in Pinelands because of the convenience, it’s so centrally located and everything we need is right here. There are lovely green trees and parks, we live in a quiet street, and our neighbours are polite and considerate and look out for each other. LIZA VIANELLO, RESIDENT

Property The houses built in the early days of Pinelands were mostly thatched, an English vernacular adapted for South Africa, but the Garden Cities movement prided itself on not taking the cookiecutter approach, so a wide variety of architectural styles were used, both single and double-storey, thatch, tile and slate roofs. Well-built with wooden floors and high ceilings, the original properties have aged gracefully, and the good-sized gardens set back from the roads are ideal for families, just as the original planners intended. Not much has changed over the years, except for occasional small developments on empty plots and additional retirement villages, but a 22ha new development on the old Conradie Hospital site adjoining the northeast corner of Pinelands, is now in the pipeline. Projected as a mixeduse development, it’s a partnership between the Western Cape Government and the private sector, with the aim of creating affordable, sustainable housing within easy reach of work hubs.

Schooling Pinelands’ reputation as a family suburb is strengthened by its excellent schools.

The three well-regarded public primary schools are known by the colours of their uniforms: Pinelands Primary is the Blue School, Pinelands North is Red and Pinehurst Primary, Green. Learners progress to Pinelands High School which also has an excellent reputation. “My son walks to school every day,” says resident Liza Vianello. “Pinelands High School has great facilities and offers such a wide variety of subjects. Their maths and science progammes are supported by UCT and they have just built a basketball court.” There are some excellent private pre-primaries and Cannons Creek Independent School is flourishing. “Cannons Creek is a fantastic school, my girls attended from Grade R to matric,” says Michele Coss, who recently moved away from Pinelands after living there most of her life. “Pinelands is very family and community oriented. We always felt safe living there and the kids were able to walk around freely.”

Play Pinelands was founded on the ideal of green space, fresh air and healthy living, so it’s no surprise that entertainment is more about parks and sports activities rather than bars and clubbing. You won’t find a bottle store, bar or club within the “dry” suburb, although restaurants do serve alcohol, and there’s a relaxed family feel throughout. “Spending time with friends, socialising and braaiing was always our favourite thing to do,” says Michele. “The parks are beautifully maintained,” adds Andy. “On the Oval everyone walks their dogs and socialises.” Old Mutual with its headquarters at Mutual Park on the edge of Pinelands is a household name, not just because many of its employees live locally, but also for its facilities. “We have the Old Mutual sports facility on our doorstep which non-Old Mutual people may join,” says Liza. “They offer soccer, cricket, hockey, squash and a gym with an indoor pool.” Other sports options in Pinelands include running clubs, a tennis club, yoga, Zumba and many other activities. And horse-mad kids are lucky enough to have horse-riding on offer at nearby Oude Molen.

20 JANUARY 2019

Neighbourhood

Pinelands:

PROPERTY NEWS

Agent insight

RE/MAX Property Associates | 021 531 4477 | remaxpropertyassociates.co.za

One of the many wonderful things about this 97-year-old suburb, is that it’s a mere 10-minute drive to the airport, the CBD and Century City. The lush, tree-lined suburb is a quiet, almost strictly residential area. Whether you’re starting up or settling down, you have a choice when choosing your home: the wide spectrum of houses includes sectional-title blocks, retirement homes, cluster homes, security complexes and cottages. Pinelands is, however, in such demand that when you see your dream home, you have to move quickly. Morven Karsten, broker/manager 083 721 6727

EAT

You’ll pay

R34,358 per month

R3,5m

For a typical property (three-bedroom house)

R2,095m In a complex

Based on

median asking price

over a period of 20 years at 10.25% prime

For an apartment

R3,85m For a house

COMPLEX

Median asking price:

12%

R21,500

For a typical property (three-bedroom house)

19%

R13,250 In a complex

78%

R1,3m

R10,000 R18,000 For a house

35%

53%

For an apartment HOUSE

R3,5m

APARTMENT

For a typical property in this area

Median asking price:

For rent

HOUSE

Monthly bond repayments

APARTMENT

For sale

COMPLEX

• Magica Roma: over 30 years as one of Cape Town’s best known Italian restaurants • Hog House Brewing company: smoked and barbecued meats, Scotch eggs, bar snacks and craft beers • Saltwater Grill: excellent seafood with a spritz of creativity • Villagio Pizzeria: neighbourhood Italian menu and wood-fired pizza • Know Thy Farmer at Oude Molen Eco Village: breakfasts, cakes and coffee

PROPERTY NEWS

20 JANUARY 2019

Raise the roof Greening up previously unused surfaces like roofs or hard ones like balconies and transforming them from concrete deserts into soft oases has many more benefits than purely aesthetics WORDS: ANNE SCHAUFFER

IMAGES: SUPPLIED

orldwide, as more people try to access living space near work and play amenities, densification is the buzz word. Smaller spaces, closer together, often leaves little room for that calming green space you’d like and you need for sanity. Greening up roofs or balconies extends living areas and provides an opportunity for connection with the environment. Visual softening of hot, hard surfaces is an important aspect of greening up roofs and balconies. Take a look at commercial office roofs in town centres which have gone green and it’s clear their action has a broader impact than imagined – employees, employers and all city dwellers benefit.

Advantages of rooftop gardens

Creating a rooftop garden needs a professional – consideration of the weight, perfecting the waterproofing, soil depth, irrigation… and more. Justin Sam, Rooftop Landscapes, says, “It’s obviously easier to green up new builds as the building can be designed with the roof garden in mind, but there’s usually scope for some greening on the majority of roofs.” Aesthetics aside, a green growing roof can be highly productive – organic planting can produce lush vegetable and herb gardens, but there are other advantages too.

Beyond aesthetics

A green rooftop has the ability to reduce storm water run-off and its

msp.property 087 802 9005 sales@msp.property

Neighbourhood

impact, because the water is absorbed and used by the plant life. A green roof also creates an effective sound barrier, and depending on what is planted, absorbs varying degrees of noise. And cooling and heating? A green roof absorbs heat slowly during the day and gradually releases it overnight, which has a positive effect on both cooling and heating systems. Sam says, “Green roofs even out temperature variations, lowering dependencies on air-conditioning. We have systems which allow the installation of solar PV panels above green roofs, and international research has shown that panels installed in this way operate more efficiently as the green roof lowers local temperatures.” Sustainability is key. The reclaimed space naturally becomes a haven for birds, bees and butterflies.

What about maintenance?

“Gardens on roofs are much like their terrestrial counterparts, requiring maintenance such as weeding, fertilising, general plant care as well as irrigation maintenance,” says Sam. But landscapers choose rooftop plants carefully to limit maintenance – water-wise plants such as succulents grow well and are popular, and drip irrigation is usually installed. “Aesthetically, grasses usually provide more height, making the garden more visible from ground level. Our clients delight in their grasses swaying in the wind. Larger plants and trees can provide privacy from neighbours.”

Green balconies

“Green balconies provide useful elevated garden spaces. We build customised spaces that express our clients love for nature, blue skies and the outdoors,” Sam says. Whether you create a fully green space or only partial, it needs planning. You can deck it, create a growing wall, even fully mirror a wall to visually increase the space or reflect a beautiful tree. Greg Mark of Gregory Mark approaches the design of outdoor spaces architecturally, with strong focus on furniture layouts and finishes, much as you would an interior space. “Always start with a to-scale garden plan and clear vison for the space, especially when working within the confines of a fixed space like a balcony or veranda terrace. Scale is everything!” If budget is a factor, he suggests, “Work with existing materials and complement them as best you can. Most of what you see in a balcony space is vertical (walls) and borrowed views over the city or even trees – look carefully at how they affect the space.” For a luxurious sea-view apartment in Umhlanga, Mark says, “Keep it simple – less is more. Clean lines frame – and don’t obstruct – the ocean views. We kept the planting palette simple and uncomplicated. Focal points are always important, so we installed a pair of dolphin bronzes under-planted with grasses which simulated the waves.” Work with the space, not against it and it’s astonishing how much value can be added to an apartment or home.

20 JANUARY 2019

Neighbourhood

Camps Bay continues to hold local and foreign investor interest

lthough the Camps Bay market has responded predictably to the prevailing socio-economic climate with lower sales volumes across the board, it has proven more resilient than most comparable areas in 2018 with a 1,88% increase in the average house price and a diminishing gap between asking and selling prices. In 2017, the average house price of R16,46 million was 11,3% lower than the marketed price and last year, the average selling price increased to R16,77m which was just 9,6% lower than asking price. Although sectional-title prices dipped from R14,29m to R10,36m, the difference between asking and selling prices decreased from 10,2% to 8,4%. Brendan Miller, CEO, Lew Geffen Sotheby’s International Realty, says: “These Propstats figures clearly demonstrate that, although the market here isn’t immune to the slower economy, it has certainly held its own. And one mustn’t forget that it’s also in a natural price correction phase which is part and parcel of the real-estate cycle. “Camps Bay remains sought-after as it offers investors a wide choice in properties with its 60/40 mix of freehold and sectional-title homes in an exclusive setting, a unique lifestyle and long-term investment value.

The suburb also has an advantage over its immediate neighbours in that most of the houses are set on sizeable stands. And, with the beach’s Blue Flag status and vibrant beachfront strip, Camps Bay is the suburb that first pops to most foreigners’ mind when they talk about Cape Town.” Miller says they’re still receiving an encouraging number of enquiries from foreign investors despite the controversial land expropriation issue.

Camps Bay remains soughtafter as it offers a wide choice in properties with its 60/40 mix of freehold and sectional-title homes in an exclusive setting, a unique lifestyle and long-term investment value BRENDAN MILLER, CEO, LEW GEFFEN SOTHEBY’S INTERNATIONAL REALTY

According to Farrah Mia, area specialist for the agency, there’s also still considerable interest in big-ticket

properties, both locally and on the international website as foreign buyers know they would pay at least three times the price for similar homes in comparable international destinations. “We’re currently marketing two contemporary designer homes, both with private cinemas and state-of-the art bells and whistles, which wouldn’t be out of place on the Riviera but at a fraction of what it would cost to buy there. “Camps Bay has continued to set records since the downturn and properties, for the most part, have retained excellent value. It’s also considered by most to be a solid long-term investment as evidenced by Lightstone data which shows that over 50% of the existing owners have owned their homes for 11 years or longer,” Miller says. The suburb also attracts many investment buyers as it remains one of the most desirable holiday destinations in the country, attracting both local and foreign tourists. “Camps Bay’s appealing synergy of opulent glamour, relaxed beach lifestyle and traditional family values, along with its variety of property options continue to underpin the market in this scenic oceanside enclave. And with few remaining opportunities for further development, property in Camps Bay will remain a very attractive investment,” he concludes.

PROPERTY NEWS

Investing in rentable property

urchasing a rental property is a major investment and can be a lucrative one. But before making a final decision, take a step back and do some research.

This renter prefers properties that are fully furnished and exude luxury. The tenant is usually a client or a consultant who will reside in the property for a number of weeks or months at a time.

Craig Hutchison, CEO, Engel & Völkers Southern Africa, says it’s important to take precautions when deciding to invest in buy-to-let property. “Take your time, look around and seek advice. Do your research and understand the market. Chat to a professional real-estate company about what they have on offer that both suits your budget and your long- and short-term needs,” says Hutchison.

Singles are consumers who have started their career and are building towards purchasing their own home. They prefer the lock-up-and-go lifestyle, so an apartment in a newly built development where there’s access to a clubhouse, laundry and gym, is ideal for this tenant.

Know your consumer

There are a variety of consumer types who seek the benefits of renting property, rather than owning it. Each consumer profile requires a specific type of property in a particular area and within a definitive budget. Students, for example, require property that’s walking distance to university for a period of between three to five years. The property needs to be affordable, small, and with one to two bedrooms if students intend on sharing. Fully furnished is also preferable. Corporate businesses looking to accommodate international consultants will need an entirely different type of property. This property needs to be upmarket, situated in a central business district close to the corporate offices, as well as malls and restaurants.

Vacation property attracts a different tenant altogether. This type of buy to let usually generates high yields during very specific times of the year, the rental period is short and can be days or weeks. It goes without saying that this type of property needs to be well-located in areas where people enjoy vacationing, close to public transport, entertainment, beaches and places of interest. These need to be fully furnished and refurbished regularly to keep them attractive, especially where vacation rental property competition is high.

Do a pro forma analysis

“Look at similar properties in the area, research how the rents have changed in the past five years and how they are projected to change in the next ten years. Calculate the estimated maintenance and operational costs and you will have a better understanding on how much nett income the property would generate and what the capital growth would be,” concludes Hutchison.

Neighbourhood

stneighbourhood.co.za | 20 JANUARY 2019

AT L A N T I C B E A C H E S TAT E Atlantic Beach Estate: 021 201 8706 â&#x20AC;˘ pamgolding.co.za/atlantic-beach-estate

Atlantic Beach Estate / R7.95 million

Ref# 1TV1283574

Atlantic Beach Estate / R6.75 million

Ref# 1TV1409967

Bedrooms 4 / Bathrooms 3 / Garages 2 / Immaculate home with stunning ocean views. This comfortable home is spacious, light and airy. Entertain on the pool deck with gas and wood braai options whilst overlooking the ocean and incredible sunsets.

Bedrooms 4 / Bathrooms 3 / Garages 2 / Fantastic north-facing, double-storey home with fairway position. All four bedrooms are upstairs of which 2 are en suites. Ample living area downstairs including open-plan kitchen, dining room and lounge with fireplace.

Mandy Oschman 082 567 0398

Atlantic Beach Estate / R15 000 Per month

Ref# 1TV1356494

Atlantic Beach Estate / R13 000 Per month

Ref# 1TV1389724

Bedrooms 2 / Bathrooms 1.5 / Garage 1 / This 2-bedroom duplex has lovely fairway and Table Mountain views. Perfect lock-up-and-go convenience meets ease of living in serene, and secure environment. Beautifully renovated with open-plan kitchen, lounge and guest cloakroom.

Bedrooms 2 / Bathrooms 1.5 / Parkings 2 / This beautifully furnished ground floor apartment is perfect for a young couple looking for a sporting lifestyle. The kitchen is modern and open-plan and flows into the lounge. Patio doors lead you out onto a wind free patio with views over the fairway.

Lynnette Lee 082 453 3266

A C C R E D I T E D A G E N T S F O R AT L A N T I C B E A C H E S TAT E OFFICE HOURS Mon - Fri: 09:00 - 16:00, Sat: 09:00 - 12:00, Sun: 14:00 - 17:00 (Sales office situated at the Golf Club entrance, Birkenhead Drive)

atlanticbeachestateofficial

ONE OF SA'S TOP 10 RESIDENTIAL ESTATES

Neighbourhood

stneighbourhood.co.za | 20 JANUARY 2019

WESTERN SEABOARD Blouberg: 021 557 1115 • Big Bay: 021 554 0033 • Milnerton: 021 551 8640 • Melkbosstrand: 021 553 1912 • Sunningdale: 021 556 2362 • Atlantic Beach Estate: 021 201 8706 • pamgolding.co.za/western-seaboard

Melkbosstrand / R5.095 million

Ref# 1TV1330091

Melkbosstrand / R3.595 million

Ref# 1TV1387456

Milnerton / R1.925 million

Ref# 1TV1411146

Bedrooms 4 / Bathrooms 2 / Garages 2 / Modern immaculate home with pristine finishes and sea views. Follow PGP boards from Melkbosstrand left into 11th Avenue follow pointer boards.

Bedrooms 3 / Bathrooms 3 / Garages 2 / Entertainers delight in prime location. Follow PGP boards from Otto Du Plessis towards Van Riebeeckstrand.

Bedrooms 2 / Bathrooms 2 / Garage 1 / Amazing views of the sea, mountain and lagoon. Follow PGP boards from R27 or Marine Drive and turn into Loxton Road opposite Woodbridge Island.

Gerrit 076 196 9847, Dianne 084 513 2305

Garth Viljoen 082 955 0287

Bloubergrant / R6 million

Ref# 1TV1410288

Bloubergrant / R3.25 million

Ref# 1TV1413792

Big Bay / R5.25 million

Ref# 1TV1403014

Bedrooms 2 / Bathrooms 2 / Garage 1 / Beachfront apartment with spectacular views. Follow PGP boards from Marine Drive / Beach Boulevard.

Bedrooms 3 / Bathrooms 2 / Garages 2 / This home is absolutely in a pristine condition. A one minute stroll to the beach and other amenities. Follow PGP boards from Marine Circle.

Bedrooms 4 / Bathrooms 3 / Garages 2 / Beautifully renovated throughout with many additional extras and good security. Follow PGP boards from Otto Du Plessis Drive.

Dolly Hibberd 083 320 1323

Leon 083 455 9530, Marinda 079 876 3562

Melody Poynton 079 876 3562

West Beach / R2.595 million

Ref# 1TV1406227

Sunningdale / R2.75 million

Ref# 1TV1408357

Parklands / R2.395 million

Ref# 1TV1406480

Bedrooms 3 / Bathrooms 2 / Garages 2 / Family home offering open-plan reception areas, patio and garden. Follow PGP boards from Warwick Road into Richmond into Berwick Road.

Bedrooms 4 / Bathrooms 2 / Garages 2 / Desirable sought-after Augusta Place. Follow PGP boards from Sunningdale Drive to Augusta Place.

Bedrooms 3 / Bathrooms 2 / Garages 2 / If space is what you require, you’ll want to live here. Positioned on a corner plot. Follow PGP boards from Dorchester into Clifton.

Linda Middleditch 082 433 4412

Paolo Girardi 083 259 8245