30 JULY 2017
Neighbourhood PROPERTY & LIFESTYLE
Grand design With the best elements of residential architecture, The Eden in Cape Town is a model of conscious living, page 10
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SUBURB FOCUS: ESTATE LIVING IN UPPER HIGHWAY
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BUSINESS Q&A
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PROPERTY NEWS
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PROPERTY NEWS
30 JULY 2017
Neighbourhood
Suburb focus
Estate living in Upper Highway Here’s what’s happening in property in the area WORDS: ANNE SCHAUFFER IMAGES: PAULO MENEZES, STEPHEN PILBROUGH & SHANE VAN ECK
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or those who enjoy a country lifestyle, the Upper Highway area has a range of accommodation to suit every need. Compared to property prices on the North Coast, the Upper Highway offers good value for money. From way back, Kloof was always the oldest, most established, richly treed residential suburb at the crest of Fields Hill, with more freestanding homes and fewer estates. But, as with all areas, subdivision and rezoning allowed a number of smaller, select estates, like those in the Everton Conservancy area, to start popping up. Hillcrest, being further west and further out, has had a lot of room for development in the past decade. The number of estates, small and large, has increased and continues to do so. From small secure townhouse complexes to the larger gated or golfing estates, affordability within a 10km 2 range varies from entry level to top-of-the-range homes. When Hillcrest began to spread out, effectively filling in the spaces and closing the gap to Bothas Hill, the newer areas like Waterfall, Forest Hills and Inanda Road became a series of gated estates. Previously horse country, the area now has golf, horses and even wildlife, with other more compact estates in between. Luxury estate living can be found PUBLISHED BY BLACKSTAR PROPERTY PUBLISHING Unit G04, Old Castle Brewery Bldg 6 Beach Road, Woodstock Cape Town, 087 828 0423
at Kirtlington Park, Langford Country Estate and Cotswold Downs Golf and Lifestyle Estate, where golfing, bird-watching, hiking and a clubhouse are all part of this level of country estate living. And, as with all estates, security is paramount and is a big drawcard together with the range of excellent government and private schools throughout the Upper Highway. Although the substantial commercial/retail growth along belts of the Upper Highway has meant many residents now work locally, suburbs such as Assagay and Hillcrest have very easy access to either the M13 to Durban, or the N3 to Durban or Pietermaritzburg. And the development of estates – particularly those suitable for first-time homebuyers and retirees, the two sectors with the highest demand – is showing no signs of slowing down. In Assagay, the new Polo Pony retirement development has gone to market, and the upmarket golf estate Cotswold Downs Golf and Lifestyle Estate in Hillcrest has added a retirement component. The Le Domaine retirement estate for over-50s recently announced its final phase and The Rob Roy Retirement Lifestyle Village has done the same. First-time home ownership developments like Morningside
Apartments and Augusta Country Estate in Hillcrest are selling off plan. Each estate in the Upper Highway offers something different. Some contain a range of accommodation options, which encourages residents to upscale or downscale within the same estate. Wellknown estates like Plantations Estate in Hillcrest offer everything from entry-level options through to palatial freestanding homes, while Augusta Country Estate – with its superb golf course and access to the M13 – has compact accommodation suitable for retirees, duplexes and simplexes, and freestanding homes, all with superior in-house security systems. A few estates in the upper reaches of Bothas Hill focus on wildlife and expansive country living, while others are small, compact, lock-up-and-go options for retirees, such as Hillcrest Country Retirement Estate and Waterfall Gardens Retirement Village. Emberton Estate in Upper Highway offers affordable two- or three-bedroom simplex options. The Glade in Kloof offers beautiful modern homes in a gated estate. Homeowners choose the Upper Highway because of its outdoor lifestyle options and reputation for one of the best climates in SA. This area, the so-called mist belt, offers more space, conservancies, smallholdings and that country lifestyle which South Africa does so well.
NATURE NEARBY:
SCHOOLS NEARBY:
• Krantzkloof Nature Reserve • Kloof and Everton conservancies • Giba Gorge Nature Reserve
• • • • • • • • • •
THINGS TO DO:
Kearsney College St Mary’s Diocesan School for Girls Thomas More College Highbury Preparatory School Hillcrest Primary School Hillcrest High School Kloof Junior Primary School Kloof High School Curro Hillcrest Winston Park Primary School
• Participate in the Kloof Conservancy Three Falls Trail Run (and Fun Walk) run by Kloof Conservancy, with magnificent views of the Krantzkloof Nature Reserve. • Go mountain biking in Giba Gorge Mountain Bike and Adventure Park. • Take a train tour to Ichanga with the Umgeni Steam Railway. The train leaves from Stokers Arms in Kloof on the last Sunday of each month. • Go horse riding on the Giba Gorge Horse Trails (near Marianhill Toll Plaza) in the Giba Gorge Valley. • Visit The Shongweni Farmers and Craft Market every Saturday from 6.30am to 11.30am. • Attend the Kloof Conservancy’s Indigenous Open Gardens Show. The next show is in June 2018.
ADVERTISING SALES:
EDITORIAL TEAM: Group Editor: Charis Le Riche charisl@yourneighbourhood.co.za Managing Editor: Molly Fitz-Patrick Senior Sub-Editor: Mlungisi Mthembu
Designers: Anja Bramley, Jackie Oliver & Samantha Durand Group Online Editor: Lauren Joubert Digital Assistant: Lauren Daniels
Visit yourneighbourhood.co.za or call 087 828 0423 Sales & Marketing Manager: Michèle Jones michele.jones@thecreativegroup.info Advertising: Julie Ellice kzn@yourneighbourhood.co.za Production (Editorial Advertising): Lucea Goosen lucea@yourneighbourhood.co.za
Salt Rock Hotel www.saltrockbeach.co.za KZN North Coast Tel: 032 525-5025
30 JULY 2017
Neighbourhood
For sale in Hillcrest
In a complex
Median asking prices
Median monthly asking prices
R2,2m
R14,000
R1,44m For an apartment
house
Monthly bond repayments For a typical property in this area
4%
apartment You’ll pay
R21,596 per month
3
For a typical rental property (three-bedroom house)
R3,1m For a house
R14,700 In a complex
Property type 63%
PROPERTY NEWS
For rent in Hillcrest
For a typical property (three-bedroom house)
R2,74m
R9,000 For an apartment
R13,900 For a house
Property type 56%
33%
8%
house
complex Based on
apartment
over a period of
at
20
10,5%
years
prime
R2,2m median asking price
36%
complex
We love a country-type life, but there’s no point in that unless you can leave your doors and windows open. This estate is exactly the retirement life we dreamed of – privacy, boardwalks, birding and the grandchildren in the same estate. CLARE REYNOLDS, RESIDENT
Hillcrest High School Honour, Hard Work, Service
Why Choose Hillcrest High School? Hillcrest High School has served the local community since 1976. We strive to develop academic, cultural and sporting excellence in all our students and to provide a holistic and caring environment that encourages respect for individual, spiritual and social values. High academic expectations are placed on our students. Their work is continuously evaluated throughout the year. A broad extra-curricular programme is offered and all students are required to participate in at least two activities per year. We aim to foster a caring school environment, where students are happy and can find their niche in a large school, as well as affording students the opportunity to become well-adjusted and well-equipped young adults, able to meet and cope with the challenges of our dynamic society. Our balanced and co-educational approach helps students to be well adjusted to the real world. The success of our school rests on these five corner stones: • High Academic Standards and Achievement • Cultural Development • Community Awareness
• Competitive Sport • Leadership Training and Development
Contact Details: T: 031 765 1215 | Email: admin@hhs.co.za | Website: www.hhs.co.za
“Where Good Results”
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PROPERTY NEWS
30 JULY 2017
Neighbourhood
My business neighbourhood F
Fathima’s Studio in the Station Drive Precinct offers bespoke illustration and design concepts
WORDS: TIVANIA MOODLEY
IMAGE: SUPPLIED
athima Kathrada is an illustrator, graphic designer and hand lettering artist. In 2012, she decided to leave the corporate world to open her own business, Fathima’s Studio, offering handcrafted designs to individuals and corporate clients. Q: How did your business start? A: I’d been working in the industry for several years and found that I wasn’t satisfied with how things worked and what I was getting out of a normal job. So I decided that I wanted to go out on my own to see if I could do things better. Q: Why did you choose this area to set up shop? A: I occupy a space in the Open Plan Studio within The Design Factory building on Station Drive, which is perfect for my budget. Q: How did you find your premises? A: A friend of mine had a space in Station Drive already and referred me. It was suited to my needs and was affordable. Q: Why are the premises ideally suited to your business? A: The space is a converted factory and is home to various businesses, both in the building and on the rest of the road, that are aligned with my industry, so it’s a great spot to be able to partner with others on projects.
Q: Who are your neighbours? A: There are advertising, printing and videography businesses. On the rest of the road, there are creative retail, furniture and coffee shops. Q: What are the shop rental/ sales prices like in this area? A: The rent is low due to the area currently being developed and upgraded. Q: How many people go through your store each day? A: A s my space is a studio and not a retail outlet, I don’t get foot traffic. Q: Do you have any expansion plans? A: Not at the moment. I’m still growing my business. Q: Do you operate online as well? A: I have a website, online store and I’m active on social media for my business. Q: What’s your most popular service? A: Logo design and branding packages for businesses are the most requested services, as well as illustration.
SEE FOR YOURSELF: Fathima’s Studio fathimasstudio.com
504 LILIAN NGOYI RD
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PROPERTY NEWS
30 JULY 2017
Neighbourhood
Paint 101 These days, there are a myriad textures, qualities, sustainability features and specific applications to take into account when choosing paint
WORDS: ANNE SCHUAFFER IMAGE: ISTOCK
TOP TIP: If you’re unsure how to balance the colour in your room, remember the 60:30:10 rule: 60% is your dominant colour, 30% is your secondary colour and 10% is your accent colour.
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ike everything else, cheap paint will produce poor results. Quality paint requires fewer coats, lasts longer and is more resistant to dirt and mildew. Poor-quality paint also has a negative impact on the environment. Stacy McArdle, Shave Paint and Decor, says a good-quality, durable paint is better for the environment. “The dilemma has always been, ‘Do I choose an eco-paint – a natural or organic paint that delivers on sustainability – or do I choose a traditional paint that delivers on performance?’ Environmental benefits no longer have to be chosen at the expense of performance when specifying paints. The Green Star rating tool from the Green Building Council of South Africa provides standards on volatile organic compounds in paint. Great strides have been made in the paint industry and brands now apply technologies across all or certain sectors of their ranges, or have created specific green ranges. Dulux has the Ecosure range; Dekade has EcoPrime, Gold Label Matt and Satin Gloss Non-Drip; and Plascon has the Breatheasy formulation.” Different brands have different names for various paint finishes and it can be confusing. But if you’re planning on a particular look, or have a specific application, you need
to understand the basics. Stacy talks more about the core finishes and explains where they should be used:
Matt
A water-based PVA paint, matt is normally used for walls, ceilings and sometimes furniture as the flatness of the paint means there’s no shiny reflection giving it a contemporary finish. Exterior matts are available with a smooth or rough texture. You need to ensure that the surface is primed with an undercoat and then apply using as many coats as necessary for even coverage.
Sheen
Sheen is more durable than matt. You should always check the exact finish because the degree of sheen varies between manufacturers. Sheen is most commonly used on interior wood surfaces as an alternative to gloss enamel. It can also be used on walls for a sheen finish.
Gloss
A hard-wearing finishing paint, gloss is used mainly on wooden and metal surfaces. Satin is used in the same way as gloss, but is slightly less shiny and is increasingly popular, especially for interior woodwork. Gloss is generally applied as a single coat over one or two coats of primer.
Beautiful surroundings, spectacular views and impeccable service make the Victoria Country Club a wonderful choice for a wedding venue. The elegant atmosphere of our facilities provides the ideal location to celebrate your special day. Our friendly professional staff will put you at ease and tailor your day to ensure it is truly unforgettable. We can seat a maximum of 200 guests with a dancefloor, and 250 without a dancefloor.
Contact our Events Manager for further information: Tel: 033 347 1942 or email: pro@victoria.co.za • www.victoria.co.za
EXTRACTOR COOKER HOODS - MADE IN ITALY Available Exclusively from The Kitchen Studio (Prices valid while stocks last)
51cm Grace White Glass R19 029 Inc VAT
70cm Dynamique Available in Red or Black R20 759 Inc VAT
75cm Nuage Paintable Stainless Steel R13 102 Inc VAT
85cm Amelie with Mirror Frame R12 152 Inc VAT
47cm Star Stainless Steel & Glass R24 070 Inc VAT
51cm Victoria Stainless Steel & Glass R21 735 Inc VAT
90cm Downdraft with remote Available in Black or White R32 381 Inc VAT
45cm Twister Island Titanium Finish R28 032 Inc VAT
90cm Butterfly Island with White Glass R27 260 Inc VAT
90cm Aurora Wall with Colour changing light R16 395 Inc VAT
140cm Nuvola Cieling Extractor R24 892 Inc VAT
180cm Horizon Island with “NRS” system R27 999 Inc VAT
Cape Town : 2 Highway Park, Northgate Estate • Tel: 021 510 8130 Midrand: 324 Old Pretoria Road, Halfway House • Tel: 011 312 4060 Sandton / Randburg: 20 Rhodes Street • Tel: 011 781 4888 Umhlanga: Urban Park Hotel, 60 Meridian Drive • Tel: 031 566 3412 Durban: 1322 South Coast Rd, Mobeni • Tel: 031 462 7722 Pinetown: Cnr. Old Main Rd & St John’s Avenue • Tel: 031 709 6263 Ghana: 34 Spintex Rd, Accra • Tel: +233 207 591 313
K LO O F/ H I L LC R E S T & WAT E R FA L L Kloof 031 764 0017 · Waterfall 031 763 1357 kloof@pamgolding.co.za · hillcrest@pamgolding.co.za · pamgolding.co.za/upper-highway
URBAN LIVING in central Hillcrest
MODERN AFFORDABLE APARTMENTS. Priced from R1.199 million. Exclusive to Pam Golding Properties, Morningside Apartments comprises of affordable, upmarket 2 bedroom, 2 bathroom apartments conveniently positioned in Old Main Road, Central Hillcrest.Offering excellent value for money and ideally suited to professionals, first-time buyers, retirees and investors, each 76m2 apartment boasts quality finishes, a private balcony and 2 secure parkings. With low cost rates & levies, and modern, energy-efficient features and lock-up-and-go lifestyle, Morningside Apartments are the most affordable apartment option on offer in Hillcrest. Convenient location · 24-Hour manned security · Affordable living · Lifts to all floors · Fibre internet ready & smart TV points · 2 Parkings · Pet-friendly* · Communal Swimming pool & braai Connection points for washing machine, dishwasher & tumble dryer · No transfer duty. *Pets only allowed by prior permission.
To book your site visit, please contact: Bruce Muggeridge 082 903 5104 / bruce.muggeridge@pamgolding.co.za
pamgolding.co.za/hillcrest
EXCLUSIVE MANDATE
EXCLUSIVE MANDATE
ON SHOW
ON SHOW
SUNDAY 2-4:30
SUNDAY 2-4:30
West Bentley Kloof / R3.95 million – No Transfer Duty
Hillcrest / R2.995 million & R3.75 million - No Transfer Duty
Beautiful, modern homes in gated/guarded estate off Everton Road area. 280m2 of house. 3 Beds + study. Light and bright open plan kitchen to living room to large under cover patio overlooking conservation area. Private and secure. New and sparkling. Ready for occupation now. Only 3 units available.
The choice is yours! ONLY 2 UNITS AVAILABLE – Choose between a 3 or 4 bedroom home in this small exclusive sectional title development in the heart of Hillcrest. The homes are spaciously designed with top quality finishes. Private and secure. Move into your brand new home and enjoy the West Bentley lifestyle.
Follow boards from Exit 26 off M13 to 5 Sandy Lane.
Follow boards from Shongweni Road/Hillcrest Road
Pam Mullany 082 899 3455
Robyn Evans 072 322 7926
If you’d like to reside at in Morningside, The Glades or West Bentley, please contact: Upper Highway 031 764 0017 hillcrest@pamgolding.co.za www.pamgolding.co.za/upperhighway
30 JULY 2017
Neighbourhood
PROPERTY NEWS
9
Sole mandate This affords an agent the time to give your property first priority in the selling process WORDS: CANDICE BOTHA
IMAGE: ISTOCK
T
he main role of an estate agent in a property transaction is to market a seller’s home in a manner which will make it attractive to buyers. A sole mandate grants a single estate agent or agency permission to market your home for a specific amount of time. “With the right agent, a sole mandate is pure gold as you are guaranteed that agent’s commitment,” says Julie Solomon, owner, Julie Solomon Property. “A sole mandate affords the agent the time to give your property first priority in all areas of the process, from determining the right price, marketing and showing your home, to the final negotiations with buyers.” Estate agent Marti O’Reilly agrees. “Being assured that the commission will come to them makes agents more motivated and willing to invest in authorising HD videos, print media advertisements, professional photos and other marketing resources that aren’t feasible with open listings and often reserved exclusively for sole mandates.”
It’s buyers you want competing for your property, not agents, and an open mandate can lead to conflicting marketing strategies which can undermine your property, especially when it’s listed at different prices by different agencies. “This is particularly counter-productive to getting the best offer,” says O’Reilly. Solomon says choosing the correct agent is key. “Find someone who is active in your area, attracts serious buyers and has the right knowledge of the market to get you the best price. They should also be someone you like and trust who has energy and passion for their job and your property.” Although granting a sole mandate could seem daunting, there’s a formal agreement in place. “Sellers have recourse to hold an agent accountable if the quality of service isn’t what’s expected,” says O’Reilly. The main advantage is that properties listed as sole mandates tend to sell quickly and at good prices.
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PROPERTY NEWS
30 JULY 2017
Neighbourhood
Repo rate cut
T
he surprise move by the South African Reserve Bank to cut the repo rate by 25 basis points to 6,25% will be welcome news to property buyers, owners and letters in tight financial times, says Paul Stevens, CEO, Just Property. The repo rate has remained unchanged since March last year, when it was raised by half a percentage point, and this move is the first decrease in the rate in five years. The move comes on the back of declining inflation, which is also welcome news for consumers. “The purpose of decisions like this is to stimulate the economy against the backdrop of a recession,” says Stevens. “We’re optimistic that this
will have a positive impact on the property market, with the lower interest rate making home-buying appealing for first-time buyers and easing monthly mortgage repayments for existing owners.” The repo rate decrease will have a knock-on effect on the prime lending rate (the interest rate banks charge their customers), bringing it down from 10,5% to 10,25%. “While a reduction of 25 basis points won’t make a significant difference to household finances, it will nonetheless provide some welcome relief. We’re also hopeful that this is the start of a general downward trend,” says Stevens.
Despite a depressed national economy, semigration to Cape Town continues, albeit at a slightly slower rate than in 2015/16. The strong net inflow trend has in recent years driven Cape Town’s annual house price inflation to nearly double the national average. This influx of wealth has also ignited the regional economy, spurring commercial development and urban regeneration in many areas. LANCE CHALWIN-MILTON, JOINT MANAGING DIRECTOR, THE HIGH STREET AUCTION COMPANY
Bridge City opens
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ongaat Hulett Developments and NJR Steel recently opened the Bridge City Business Estate’s first greenfields project – a purpose-built 4,000m² warehouse and distribution facility. “Bridge City is coming of age because of its strategic location and completion of the half diamond interchange giving direct access to the M25. This successful project demonstrates just what can be achieved at Bridge City,” says Brian Ive, development executive, Tongaat Hulett Developments. Situated on a 7,761m² site within the 17ha business estate, the new NJR Steel facility is already fully operational. It’s home to a fully stocked shop that’s open to the public
and offers steel as well as hardware products, a distribution centre which serves as a hub from which customers can collect and the company can deliver product, and a reinforcing bar line which cuts and bends reinforcing bar as per engineering schedules for all sectors of the building industry. Bridge City is the second leg of the highly successful Effingham joint venture public private sector partnership between Tongaat Hulett Developments and the eThekwini Municipality. It’s a mixed-use development that includes residential, retail (including the 48,000m² Bridge City shopping centre), recreational, medical and commercial and light industrial facilities.
Rosebank stimulates residential property markets
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ollowing its inclusion in the Gautrain route in 2011, infrastructure upgrades in the area, as well as considerable private- and public-sector investment, Rosebank has undergone a complete transformation. “Rosebank, which has become a favoured destination of Johannesburg residents for its vibrant mixed-use commercial, retail, entertainment and residential hub, has developed at a tremendous pace in recent years and is today undoubtedly one of Johannesburg’s fastest-growing and most fashionable places to be,” says Rupert Finnemore, regional head, Pam Golding Properties Gauteng. “The growth of Rosebank appears to go against the grain of the current
sluggish national economic climate, although similar progress is being seen across a number of centres in Gauteng, including Sandton, Fourways and Midrand. It’s evident that the growth of Rosebank is assisting in focusing on the residential property market both within the area itself as well as in surrounding neighbourhoods.” Richard Smith, manager, Pam Golding Properties Hyde Park, agrees that the rapid development and popularity of Rosebank is assisting to stimulate demand for homes both in the centre itself as well as in neighbouring suburbs including Saxonwold, Parkview, Parktown, Parkwood, Parktown North, Melrose, Birdhaven, Dunkeld, Forest Town, Westcliff and others.
The Eden A central, stylish residential development in Cape Town WORDS & IMAGES: SUPPLIED
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he Eden, Horizon Capital’s residential development, is superbly located in Observatory, Cape Town. Situated on the corner of Trill Road and Eden Road, it provides everything you need for a connected, active lifestyle. Around the corner from Groote Schuur Hospital and the University of Cape Town’s Medical School, the development boasts great access to the Cape Town city centre, the V&A Waterfront, the Southern Suburbs, the Cape Town International Airport and the University of Cape Town’s Upper Campus. The development reflects the importance of conscious living, featuring considered materials, energy-efficient features and communal leisure spaces that enable a more sustainable, more community-minded and more enriched sense of living. “Excellent design was of utmost importance to us. We wanted to create a building that would be engaging and beautiful, while respecting the local context. Some of the features we incorporated to achieve this were generous terraces for each apartment; firstly, to provide shade into the apartments allowing owners a natural outlet from their internal apartment space, and, secondly,
to give the building depth and character. The Eden contains the best elements of residential architecture and will set a new benchmark in Observatory,” says David Sedgwick, development specialist, Horizon Capital Residential. The development is situated within an Urban Development Zone (UDZ) tax-incentive area, making it the perfect financial investment for buy-to-let investors. The purchaser is allowed to write off 55% of the cost (VAT-inclusive purchase price) of their investment over an 11-year period, with 20% of the deductible amount written off in the first year, and the balance spread evenly over the following 10 years. The major benefit to investors is that the large capital deduction is not automatically “ring-fenced” and generally creates a substantial tax loss situation for the investor. This tax loss is allowed to be offset against other taxable income, including a salary or other trade income. This can result in a very attractive situation where the investor initially receives PAYE/tax back upon filing their tax return. This is very useful to fund any negative cash flow requirement during the first few years of a buy-to-let property.
The eight-storey building, of 75 apartments, consists of onebedroom, two-bedroom and studio apartments. There are currently only seven apartments left for purchase starting from R2,495m including VAT. Each one-bedroom and two-bedroom apartment is assigned one or two secure parking bays respectively. In addition, there are motorbike bays, a bicycle storage facility and basement storerooms allocated to certain apartments. Generous terraces provide a seamless indoor-to-outdoor lifestyle, which is complemented by the communal facilities such as the fitness centre, laundry room and sky deck with pool and braai facility. There is also CCTV monitoring along with 24-hour security and concierge service, to ensure the safety and convenience that the modern lifestyle demands. Construction on The Eden started last year and is set to be completed in February 2018, making it a perfect investment for the new year. SEE FOR YOURSELF: The Eden 021 425 8586
theeden.capetown
Show house by appointment only
APARTMENTS FROM
R1 185 000
Furnished show house now open For rental enquiries email rentals@emberton.co.za
Emberton Estate boasts world-class facilities, including a charming clubhouse with a restaurant and bar, outdoor Miami gym, swimming pool, tennis court, cricket nets and a 3km walking trail with beautifully landscaped areas. Enjoying close proximity to KwaZulu-Natal’s ďŹ nest schools, hospitals, and malls, discover the true essence of secure, family-centred living.
For all sales enquiries call Clive (072 686 7825) or Sally (082 454 1416) www.emberton.co.za
RAINMAKERMARKETING 05/17
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