Neighbourhood EL Listings - 30 August 2019 by Your Neighbourhood

30 AUGUST 2019

ISSUE 585

Helping you find the perfect fit

Hello Spring!

30 AUGUST 2019

www.neighbourhoodlistings.co.za

RENEE 082 499 5344 SHARED MANDATE

ON W O SH

EXCLUSIVE MANDATE

BAYSVILLE R1 770 000 | RENÉE 082 499 5344

Priced to sell & conveniently situated ! This spacious home offers laminated flooring, lovely finishes, pool, entertainment area, dq & dbl carport. Pointers from Pearce St. EXCLUSIVE MANDATE

W E NE EAS L RE

AMALINDA R1 350 000 | GILL 082 596 1694

Neat, well maintained property offering 3 bedrooms, 2 bathrooms on large level grounds, close to Crewe Primary & all amenities. Outbuildings & dbl garage.

GEORGE 084 657 0443 DUAL MANDATE

ON W O SH

BONZA BAY R2 295 000 | RENÉE 082 499 5344

This exquisite open-plan home with pool, dbl garage, scullery & d/q offers beautiful laminated flooring & finishes. Pointers from Bonza Bay Rd.

GILL 082 596 1694

2½

BLUE BEND R1 250 000 | GILL 082 596 1694

An opportunity awaits a interested investor to invest in two duplex units in the ever popular blue bend neighbourhood. Choice of 2 Units. A walk to the beach.

W E NE EAS L RE

EXCLUSIVE MANDATE

QUIGNEY INVESTMENT PROPERTY R2 500 000 | CHRIS 076 685 1375 | FRANS082 774 6649 Two houses and a shop in central Quigney. Ideally converted into student accommodation

W E NE EAS L RE

EXCLUSIVE MANDATE

SUNNYRIDGE INVESTMENT PROPERTY R2 350 000 | CHRIS 076 685 1375 | FRANS082 774 6649 Residential property converted into twelve fully let rooms, generating a substantial income. Located close to retail amenities.

/INVESTPRO INVESTPRO.co.za SALES | RENTALS | MANAGEMENT | AUCTIONS | VALUATIONS

10 Princes Road, Vincent, East London, 5247 t 043 726 3116

RESIDENTIAL | COMMERCIAL | FARMS

30 AUGUST 2019

www.neighbourhoodlistings.co.za

AGENCY GUIDE

Conlon Prop

Harcourts Mercantile

4, 5

Investpro

Jill Fish Properties

K&K Properties

Landvest Real Estate

Re/MAX International Property Group

Riverside Lifestyle Estate

Vigne Estates

Oﬃce:043 726 8382 | Cell: 083 321 1980 www.jillﬁshproperties.co.za | www.property24.com

STIRLING

R2 550 000

Chas Everitt

BC Properties

3%.com Properties

A 4 bedroom family home which ticks all the boxes. 4 Bedrooms, 2 new bathrooms and modern kitchen. An open plan lounge with ﬁreplace leads through stack away doors to the covered deck with drop down blinds creating a generous sized indoor/outdoor entertaining ﬂow. Loads of charming character, spacious rooms throughout and set in the level garden, a mature natal mahogany tree with swing is next to the pool. Location is perfect.

Advertise with us...

Joanne Le Roux, Traffic Controller Neighbourhood Listings East London Tel: 087 828 0423, 021 447 7130 Email: eastlondon@yourneighbourhood.co.za

30 AUGUST 2019

www.neighbourhoodlistings.co.za

ON SHOW

COUNTRY VILLAGE WATERSIDE RIVERWOOD

KIDDS BEACH

ON SHOW

NO TRANSFER FEES

Kidds Beach NO TRANSFER FEES

Selling from R609,750 – R783,500 SELLING FROM R1,204,000 Choose your plot plan resorts, / free standing home Waterside Plot & Plan Development is a Gem on the East/ Coast oﬀering amazing freetoday! standing homes to anyone a kitchen, electric fence walled. wanting to live in a beautiful Fitted complexwith with every convenience on your door and step. E.g Spar, Doctors, Dentist, Restuarants, Vet and much more.On All this situated in a&safe and1pm-5pm secure, Pet friendly development. Show: SAT SUN Phase 1 almost sold out, now selling Phase 2. Ann Ann Web EMC24297/24325/24299/24323 082577 5778999 8999 CC082

Selling From R750,000

NO TRANSFER FEES

Mcantsi River - Lifestyle Estate

APARTMENTS SELLING FROM R695,000 4 Developments to choose from. You are spoilt HOMES SELLING FROM R1,497,000 for choice. Selling from R 750 000.Close to thefrom R525,000 Selling Plot & Plan Development. Choose your free shopping centre and Schools.Call today. 4 Developments to choose from, a school and 24hr security,

standing home in a secure gated Estate, set on

the banks of the River surrounded by an set in one of the fastest growing abundance of trees and bird life. in Eastern Cape. Web EMC25223/25228/22978/ sea resorts Ann ON SHOW SAT & SUN 11:00 - 17:00 24486/9484/9486 Web EMC 25223/25228//22978/24486/9484/9486

Ann Ann 082577 5778999 8999 CC082

C 082 577 8999

RIVERWOOD. FREE STANDING PLOT & PLAN DEVELOPMENT. SELLING FAST

OFFERS CONSIDERED

FRANCOLIN PLACE -GONUBIE ON SHOW

ON SHOW

Coral Beach - Winterstrand

Colley Close - Cambridge West

3 Beds | 2 Baths | 1 Lounge | 2 Carports Selling from R1,220,000 NO TRANSFER FEES Freehold Balinesian homes meticulously fitted New On Market FROM free R637,178 with top quality finishes/fixtures/fittings and SELLING Stunning standing home with garden and Free standing homes in this secure, gated complex. flooring. Various designs and floor plans to double carport secure environment. Only Phase 1 & 2 are sold out and selling in fastain phase 3. choose from. a view view today! Choose yourunits Plot &available, Plan. Web EMC25938/EMC25975/EMC25977 Ann ON SHOW SAT 7 SUN 11:00- 17:00 Ann Ann EMC24297/24325/24299/24323 CC082 Web EMC26858 C 082 577Web 8999 082577 5778999 8999

TRANSFER FEES INCLUDED

Clovelly – Sunnyridge

Selling from R861,900 Stunning freestanding townhouse complex, only a few units left for sale.

Gonubie/Schafli Road

SOLE MANDATE

R6,000,000

6 Beds | 6 Baths | 2 Lounges | 3 Garages | 1 Flat

NO TRANSFER FEES Perfect for B&B with separate Bar Lounge near swimming pool. Extras galore – dam, riverfront, SELLING FROM R999,750 and so much more!!!

Choose a Duplex or a Simplex Home both offering quality fixtures and fittings in Gonubie, close to the shopping Centre, schools and so much more. ON SHOW SAT & SUN 13:00 - 17:00 Ann

Web EMC26423/26427

C 082 577 8999

Web EMC26585

Ann Schalk C 082 577 8999 C 060 934 2544

COMMERCIAL

CAL-EATH-CAMBRIDGE ON SHOW

Vincent

R2,200,000

Kidds Beach

7 Beds | 4 Baths | 2 Lounges | 2 Garages | 1 Flat

R1,800,000

3 Beds | 2 Baths | 1 Lounge | 1 Garage

NO– TRANSFER FEES Lovely spacious family home or great Beautiful fully walled home Coastal living. 3 Beds | 2 Baths | 1 Lounge | 1 Garage opportunity for student accommodation. Web EMC26589 R1,300,000 Web EMC26425 Free standing 3 Bedroom, 2 Bathroom and single garage Townhouse in this secure Estate. Barbara | Sharon ON SHOW SUN 11:00- 17:00 Web EMC4369 C 073 746 9046 | 083 540 9211

Sharon | Barbara C 083 540 9211 | 073 746 9046

Greenfields East London Rural

SOLE MANDATE

R1,800,000 P.O.A

Braelyn Baysville

R1,595,000 R3,290,000

Business – Zone Pineapplepremises BusinessGoing4.Concern. This incredible Business opportunity comes complete with a 4 bedroom home and income generating ﬂat. Call to view today. Sharon Shane Web Web EMC26737 EMC29774 083 333 540 3515 9211 C 083

Beds | |33Baths | 1 Lounge | 2 Garages 6 Beds | 4½4 Baths Lounges | 3 Garagea | 1 Flat Space! Space! Space! View this family home Exceptional lifestyle opportunity, this home has everything you could ever want and more, oﬀering today. incredible designs, modern ﬁxtures as well as beautiful landscaped gardens and stunning views. Leela Web EMC25574 Web EMC29555 C 082 820 8925

Quigney Gonubie

Greenfields Beacon Bay

ON SHOW

Sunnyridge Kidds Beach

R1,590,000 R2,985,000

Stunning maintained homeestate. in a good Fantastic well home in a well secure Live in location, close airport, IDZ and amenities. luxury and styletowith this incredible home.

Web EMC26637 EMC29273

Braelyn Kidds Beach

Siziwe Sharon 082 540 934 6530 C 083 9211

R1,100,000 R1,995,000

Beautiful home in afamily fast growing coastal Neat and spacious home, just move in! village. theand sounds of Crashing waves and Close toEnjoy schools amenities. stunning Bird life. Web EMC25752 EMC29599 Web

Sharon Leela C 083 9211 082 540 820 8925

Sunnyridge Braelyn

R1,395,000 R2,550,000

3 Beds | 2 Baths | 1 Lounge 1 Garage Pool 10 Beds | 5 Baths | 4 Lounges | 1| Garage | 3| Flats Spacious home with aisswimming pool, lovely This Amazing property any investors dream, oﬀering Bedrooms 5 Bathrooms in the main sea view10and close toand all amenities. house as well as a ﬂat. Turn this property On Show: 2:30–5pm into a B&B and watch as your property pays for itself. Jan Leela Web EMC26735 Web EMC29279 083 820 417 8925 3936 C 082

Rosemount Beacon Bay

SOLE MANDATE

R1,080,000 R1,500,000

Spacious with large entertainment Great viewTownhouse of the Buff alo River – so much to area a lovely off er with – a must see!built in Braai. Watch your family Thrive in this incredible complex. EMC29676 Web EMC26832

Schalk Mpumi 082 565 1088 C 060 934C2544

R1,295,000 R2,500,000

Looking forhome student accommodation? Look no Incredible in Gonubie with quality more! plot soThis much space for ﬁxturesDouble and ﬁttings. property hasfurther a lovely extensions! spacious garden with a swimming pool. Web EMC26256 EMC29256

Summerpride Beacon Bay

Schalk Siziwe 060934 9346530 2544 CC082

R1,050,000 R1,350,000

Incrediblyhome spacious Spacious on aTownhouse. big plot, withWatch a flat to your childrenyour thrive in this secure and well supplement income. maintained complex. EMC28934 Web EMC26735

Jan Sibongile 083 830 417 1197 3936 CC 071

SOLE MANDATE

R1,150,000 R2,300,000

Modern low maintenance home, Large Family home in a lovely andsecured secure with a flat double Bay. garage. areaand of Beacon This home oﬀers income opportunities and so much more. Web EMC25523 EMC28774

Mdantsane Nahoon

Jan Sibongile 083 830 417 1197 3936 CC 071

R899,000 R1,350,000

Beautifulhome Townhouse in a secure and sought Stunning just unpack and live! after neighbourhood. Do not miss out on this property. Call to view today. Web EMC25986 EMC29766 Web

Siziwe Tilana C C 082 083 934 654 6530 5786

Quigney

SOLE MANDATE

R1,180,000

3 Beds | 2 Baths | 1 Lounge | 1 Flat

Lovely home in Quigney, this property oﬀers an income generating ﬂat and is situated within walking distance to the beach. Web EMC29754

Kidds Beach

Shane C 083 333 3515

SOLE MANDATE

R860,000

3 Beds | 2 Bath | 1 Lounge

Beautiful home in a gated estate, close to the beach and within walking distance to the schools and shopping centre. Web EMC29584

Siziwe C 082 934 6530

30 AUGUST 2019

www.neighbourhoodlistings.co.za

Beacon Bay

R1,150,000

Southernwood

3 Beds | 2 Baths | 1 Lounge | 2 Garages

Beautiful home in a secure and well maintained complex. This home is ideal for you and your family. Web EMC29654

Haven Hills

Leela C 082 820 8925

SOLE MANDATE

R820,000

3 Beds | 1 Bath | 1 Lounge | 1 Garage

Incredible home situated on a large erf with pre approved plans for extensions.

Web EMC28629

Leela C 082 820 8925

SOLE MANDATE

R1,080,000

4 Beds | 1½ Baths | 1 Lounges | 1 Garage

Investment opportunity. This apartment is ideal for anyone who is looking to purchase a rental investment property. Centrally located and close to transport routes. Web EMC29842

Quigney

Lutho C 071 135 2846

R799,000

Southernwood

Web EMC29269

Shane C 083 333 3515

R960,000

4 Beds | 1½ Baths | 1 Lounges | 1 Garage Ground ﬂoor apartment with a neat and solid kitchen. This is perfect for a rental investment or a large famiy. Do not miss out, call me today.

Web EMC29844

Luvuko C 074 840 8368

SOLE MANDATE

Quigney

R790,000

2 Beds | 1 Bath | 1 Lounge

Ground ﬂoor apartment with lovely ﬁxtures and spacious living areas. Call to view today.

SOLE MANDATE

3 Beds | 2 Bath | 1 Lounge

Lovely apartment within walking distance to the beach and a wide variety of amenities and family entertainment. Do not miss out. Web EMC29868

Nozuko C 082 342 6299

REDUCED

Abbotsford

SOLE MANDATE

R739,000

Dream big and build your own home on this 749m² plot with lovely nature views.

Web EMC28987

Haven Hills

Leela C 082 820 8925

R650,000

Scenery Park

SOLE MANDATE

R695,000

5 Beds | 2 Baths | 2 Lounges | 1 Garage | 1 Flat

Immaculate home in Scenery Park. Large family home with spacious living areas and a built in braai area. Web EMC29764

Mdantsane

Siziwe C 082 934 6530

SOLE MANDATE

R500,000

SOLE MANDATE

Egoli

R650,000

3 Beds | 1 Bath | 1 Lounge | 1 Garage

Well maintained home in Egoli, this property is close to amenities and transport routes.

Web EMC28749

Mdantsane

2 Beds | 1 Bath | 1 Lounge | 1 Garage | 1 Flat

Build yoour dream home on this incredible 1050m² plot. Centrally located and easily accessable. Web EMC29838

Mdantsane

Nozuko C 082 342 6299

R320,000

Web EMC29538

Mdantsane

2 Beds | 1 Bath | 1 Lounge

Newly renovated home with beautiful ﬁnishes and laminated ﬂooring in the bedrooms. Make this home yours today, call to view. Web EMC29784

Incredible home in Mdantsane with two bedrooms, a garage and a ﬂat to supplement your income. This property is close to amenities and transport routes.

Sia C 067 003 1485

Nozuko C 082 342 6299

SOLE MANDATE

R320,000

2 Beds | 1 Bath | 1 Lounge

This starter home is sitauted in a quiet area. Ideal for ﬁrst time home owners or anyone looking to invest at an incredible price. Web EMC29776

Sia C 067 003 1485

Sibongile C 071 830 1197

R500,000 2 Beds | 1 Bath | 1 Lounge

Lovely home in Mdantsane. This home oﬀers two bedrooms and is tiled throughout. Call to view today. Web EMC29733

Mdantsane

Sia C 067 003 1485

SOLE MANDATE

R300,000

SOLE MANDATE

Mdantsane

R650,000

3 Beds | 2 Bath | 1 Lounge | 1 Garage

Incredible property in Mdantsane with so much to oﬀer. Call to view today.

Web EMC29446

Kaysers Beach

Web EMC29874

Nozuko C 082 342 6299

R330,000

980m² Plot in this incredible coastal Village. Build the home of your dreams today.

Web EMC29236

Mdantsane

2 Beds | 1 Bath | 1 Lounge

Lovely starter home in Mdantsane. Call to view today

Bongani C 079 961 4910

Sharon C 083 540 9211

R260,000 2 Beds | 1 Bath | 1 Lounge

Neat home in Mdantsane, close to amenities and transport routes.

Web EMC29755

Nozuko C 082 342 6299

6 c

30 AUGUST 2019

www.neighbourhoodlistings.co.za

33 Bonza Bay Road, Beacon Bay, East London EXCLUSIVE MANDATE

EXCLUSIVE MANDATE - REDUCED

D L O S

R 2 700 000 Cove Rock Country Estate

Beautiful Tuscun-style home in Vincent with flatlet

Modern family home! Great potential

Leigh 078 022 7258 2.5

6,5

R 780 000

EXCLUSIVE MANDATE

R 2 400 000

8.5

Cove Rock Country Estate

11 HA Small holding with lovely house

Modern luxury living on the beach! In secure Estate.

11.6 HA

2.5

R 2 100 000

R 1 450 000

Beacon Bay

Beautiful 3 bedroom home situated in the quiet avenues.

29 HA Small holding - Fully fenced with game fencing

Situated in popular Complex of Shamrock Sands.

EXCLUSIVE MANDATE - NEGOTIABLE

R 1 450 000

Immaculate sea, country views and big garden. In secure gated estate. Conlon Prop 043 555 0310 Jaqui 060 992 5031 3

SMALL HOLDING

NEW RELEASE

R 880 000

Neat & spacious 3 bedroom family home in quiet area of Cambridge, with a bonus flat.

Solid double story clinker brick home.

Spacious 3 bedroom Townhouse in popular area of King Williams Town

1 KITCHEN

Upper Southernwood Calling all Developers! Potential rezoning allowed - Business Zone 4 OR 2x Sectional Title Properties. Potential student & professional accomodation Esme 084 601 2548 Vanessa 083 449 8954

Esme 084 601 2548 1

R 2 350 000

R 1 200 000 King Williams Town

2.5

NEGOTIABLE

NEW RELEASE

Rosedale

Esme 084 601 2548 2

Cambridge

R 2 980 000 Kidds Beach

Vanessa 083 449 8954

3.5

R 1 150 000

Christmas Rock L’toya 066 274 1428

OPEN PLAN KITCHEN & LOUNGE

EXCLUSIVE MANDATE

Gonubie

Leigh 078 022 7258

Vanessa 083 449 8954 KITCHEN 4

EXCLUSIVE MANDATE

R 2 995 000

Kidds Beach Leigh 078 022 7258 18

1 CARPORT 1 LOUNGE 1 KITCHEN

EXCLUSIVE MANDATE

R 8 995 000

60sqm freestanding full title home for sale. Calling all Investors! Below market value! Jaqui 060 992 5031

EXCLUSIVE MANDATE

Cove Ridge

R 895 000 Sunnyridge

Beautiful 3 bedroom family home with big garden space Ultra modern Apartment in popular Boulders with distant sea views and carport and situated close to the Beach. Esme 084 601 2548 L’toya 066 274 1428

LAUNDRY

EXCLUSIVE MANDATE - NEGOTIABLE

Kidds Beach

R 1 650 000 Gonubie

Leigh 078 022 7258

EXCLUSIVE MANDATE - REDUCED

EXCLUSIVE MANDATE

R 2 890 000

Vincent

EXCLUSIVE MANDATE

2.5

1 KITCHEN 2

2 KITCHEN 8

RENTALS

L’toya 066 274 1428 & Leigh 078 022 7258

LEASED AVAILABLE

Quigney Bachelor flat - open plan bed & lounge, 1 bath, kitchenette Pre-paid electricity meter, water included - 4 Units available Christmas Rock 2 beds , 2 bath, lounge, kitchen Beacon Bay 3 beds , 2 bath, lounge, kitchen, double garage

R 850 000 Greenfields

R 1 520 000 King Williams Town

Beautiful neat townhouse for sale in the heart of Greenfields

From R 860 000 Kidds Beach

Immaculate, safe & secure, 4 bedroom Townhouse in Perfect first time home buyers or investors upmarket suburb of King Williams Town Vanessa 083 449 8954 Jaqui 060 992 5031 Esme 084 601 2548 4 1 KITCHEN 2 1 2.5 2 BED, 1 BATH UNITS / 3 BED, 2 BATH UNITS AVAILABLE 2 3

Morningside 3 beds , 1 bath, lounge, kitchen Gonubie 4 beds, 3 baths, 1 garage Beacon Bay 3 beds , 2 bath, double carport Glen Eden 6 beds , 5 bath, 2 kitchen, 2 lounges, double garage, pool Nahoon 3 beds , 2 bath, 1 carport Beacon Bay 4 beds , 4 bath, double garage Berea 1 beds , 1 bath, 1 parking space Amalinda 3 beds , 2 bath, double garage Gonubie 4 beds , 2 bath, single garage, pool Sunnyridge 3 beds , 2 bath, sea views

R 4 000 R 6 000 R 11 000 R 7 500 R 12 500 R 10 000 R 22 000 R 9 500 R 13 500 R 4 600 R 9 000 R 10 000 R 9 500

LEASED! Gonubie 3 beds , 2 bath, tandem garage, sea views Gonubie 3 beds , 2 bath, double carport

R 13 000 R 9 000

AVAILABLE IN KIDDS BEACH - JAQUI 060 992 5031

082 893 3080

Kidds Beach 3 beds , 2 bath, kitchen, 1 lounges, 1 garage

R 6 900

BEACON BAY

30 AUGUST 2019

www.neighbourhoodlistings.co.za

R2 500 000 BONZA BAY

1ST SHOW

ON SHOW

SOLE NEW RELEASE MANDATE

SOLE MANDATE

R1 995 000 VINCENT

R1 995 000

ON SHOW

EVERYTHING YOU LOOKING FOR

SECLUDED + PRIVATE IN SECURE ESTATE

O SO CONVENIENT...

4 Bedrooms with 2 bathrooms, TV lounge, 2nd lounge with open plan kitchen & dining room. Big kitchen with granite tops opens up onto covered entertainment area alongside sparkling pool. Bachelor flat, double garage and carport. On Show 3pm-5pm. Pointers from Bonza Bay Rd.

Immaculate 4 bedroom home offering generous space, walking distance to river and beach. PRICED TO SELL!! On Show 3pm-5pm. Pointers from Bonza Bay Rd.

Neat, cozy family home with beautiful kitchen. Office (occupational practice) with secure onsite parking, can be converted into flat. Awesome outdoor living area overlooking pool. Seller to consider all reasonable offers. On Show 3pm-5pm. Pointers off Chamberlain Rd.

Vanita Allie 078 757 8089 RE/MAX Border 043-748 5847

Antoinette Clark 083 284 2251 RE/MAX Border 043-748 5847

BEACON BAY

Web Ref: RXCF - 3780

R1 495 000 CAMBRIDGE

Cheryldene Marais 083 455 5244 Web Ref: RXCF - 3710 RE/MAX Border 043-748 5847

R1 450 000 BELGRAVIA

Web Ref: RXCF - 2462

R4 760 000

ON SHOW ON SHOW

SOLE MANDATE

CLASSY TOWNHOUSE!!

ALL YOU NEED AND MORE

COMMERCIAL BUILDING!!

Live in good style in this lovely modern, newly renovated unit with beautiful kitchen and finishes. Situated in a safe and secure complex near schools and shops. Enjoy communal pool/tennis court & Educare. FALL IN LOVE!! On Show 3pm-5pm. Pointers from Beaconhurst Dr.

Modern home offers 4 bedr, 2 bathrooms, o/plan lounge, kitchen & dining area + 2 bedr flat. Nested on a 750m2 erf, a stone throw away from Cambridge primary. This property will not be on the market for long so call me today. On Show 3pm-5pm. Pointers from Cambridge primary School.

Suitable for professional offices/medical practice in Belgravia. Totally refurbished, modern and upmarket offices (6 rooms/offices) with beautiful reception area, fitted reception desk, bathroom facilities, secure parking. Tenanted.

Helen Heath 083 325 1401 RE/MAX Border 043-748 5847

QUIGNEY

Rachel Verheul 084 882 1996 Web Ref: RXCF - 3679 RE/MAX Border 043-748 5847

FROM R1 250 000 - R2 500 000 BEACON BAY

Antoinette Clark 083 284 2251 Web Ref: RXCF - 3749 RE/MAX Border 043-748 5847

R2 350 000 GONUBIE

Web Ref: RXCF - 2307

R1 895 000

NEW RELEASE SOLE MANDATE

SOLE MANDATE

INVESTORS! INVESTORS!

YOUR OWN CASTLE!

SERIOUS SELLER-PRICE RIGHT!

Invest in a Hotel room at the ICC Regent Hotel. Belong to the rental pool and let your rental work for you. This immaculate Hotel offers modern finishes, views of the sea and pool area. A MUST TO VIEW!

Unique property in beautiful setting with valley outlook. Extensive accommodation totalling 6 bedrooms & 5 bathrooms in all. Gorgeous entertainment area showing off a magnificent pool & pergola in a tropical setting.

Best Location, situated near the river, abundance of bird life, sip cocktails and watch the beautiful sunsets on the riverâ&#x20AC;&#x2122;s edge. Character filled home with landscaped gardens, double garage, staff quarters and spacious guest room. Call now for an exclusive viewing!

Noletu Ncita 071 544 7365 RE/MAX Border 043-748 5847

Antoinette Clark 083 284 2251 RE/MAX Border 043-748 5847

DORCHESTER HEIGHTS

R615 000 QUIGNEY

Geninne Grigg 084 442 4786 Web Ref: RXCF - 0078 RE/MAX Border 043-748 5847

R530 000 MDANTSANE NU3

Web Ref: RXCF - 3708

R280 000

SOLE MANDATE

NEW RELEASE

NESTLED IN PRIVACY!

INVESTORS!

STARTER HOME

This charming, well located 1 bedroom Apartment with private patio set in a quiet complex offers security and designated parking bay in grounds. A SMART BUY!

Lovely 2 bedroom flat with lounge, spacious kitchen and bathroom close to Burmeisters. Call now, you snooze, you lose.

2 Bedroom home with lounge and kitchen close to the Taxi rank. Needs a little bit of TLC. UP FOR GRABS!

Helen Heath 083 325 1401 RE/MAX Border 043-748 5847

Noletu Ncita 071 544 7365 Web Ref: RXCF - 3582 RE/MAX Border 043-748 5847

Web Ref: RXCF - 3668

Each Office Independently Owned and Operated

Noletu Ncita 071 544 7365 RE/MAX Border 043-748 5847

I www.remaxborder.co.za

Web Ref: RXCF - 3789

30 AUGUST 2019

www.neighbourhoodlistings.co.za

AGENTS KNOW HOW TO MARKET YOUR HOME TO SELL

Image is everything when it comes to real estate and a poorly presented property is like showing up at the Oscars in the wrong dress. Objective, expert advice and assistance from a registered estate agent is essential.

Another good reason why you should use an estate agent

www.rebosa.co.za

REAL ESTATE BUSINESS OWNERS OF SOUTH AFRICA

30 AUGUST 2019

www.neighbourhoodlistings.co.za

JanSmuts SmutsAvenue, Avenue,Greenfields Greenfields 65 Frere Road, Vincent Jan 65 Frere Road, Vincent Tel:043 043736 7361719 1719 Tel: 043 7277 Tel: Tel: 043 726726 7277

SUNDAY 2:30 - 5PM NEW RELEASE

SUNNY AND BRIGHT HOMEWITH WITHSOSPECTACULAR COVE ROCK - R 2 350 VINCENT HEIGHTS - R000 5 095 000 MODERNBEACH MASTERPIECE MUCH TO OFFERVIEWS

4 Beds I 3 Baths 2 Lounges 5 Beds I 4 Baths I KitchenIIKitchen 2 Lounges I IPool I Valley viewsI Family Room I Pool I Security Post Well holidayflat home set finishes in a beautiful country estate Added loved bonus 1 Bedroom with same as the house

DIANE BEETS 082 432 1461 PATTY RICHARDSON 083 458 9535

N O OW SSH

SUNDAY 2:30-5PM

WEB CELW2653 WEB REF:REF: CELW2621

SUNDAY 2:30 - 5PM

SUNNYRIDGE -R 1 895 000 BEACON BAY - R 1 845 000 SPACIOUS NEAT FAMILY HOME WITH 3 SELF CONTAINING FLATS FAMILY HOME IN UPMARKET AREA

3 Beds lBaths 2 Baths l Kitchen l Lounge I 2parking Garages 4 Beds l 3views l Kitchen l Family 1 Covered Beautiful from the lounge and room diningIarea which lead onto front patio Centrally located - close to all083 amenities JANNIE OLIVIER 527 3846

JUSTIN AUGUSTINE 083 892 1217

N O OW SH

Clinton Krouse Clinton KrousePrincipal Principal WEB REF: CELW -2921 WEB REF: CELW - 2653

WEB REF:CELW- 2941 WEB REF:CELW- 2917

N O OW SH

REF:CELWWEBWEB REF:CELW29152978

N O OW SH

3 BED IN PRIME ESTATE NAHOON VALLEY PARK - R 1 900 000 SPACIOUS NEAT HOME IN SOUGHT AFTERTOWNHOUSE SUBURB OF SUNNYRIDGE SUNNYRIDGE - R 1 895 000 Baths Il Lounge Kitchen l Lounge I 2 Garages I 2 Open Parkings I Pool 3 Beds3I 2Beds Bathsl I2Kitchen I D/Garage Estate it’s ownwith restaurant, clubhouse and gym with pool and aerobics studio Scenic view.offers 3 Bedsitters shared kitchen

THANDI MTSHEMLA 079 090 5313 JOHN DE KONING 083 780 6517 REF:- 2922 CELW - 2999 WEB REF:WEB CELW

WEB- REF: WEB REF: CELW 0263CELW - 2976

N O OW SH

SUNDAY 2:30 - 5PM SOLE MANDATE

SUNDAY 2:30 - 5PM

SOLE MANDATE

BLUE BEND 1 750 000 BLUE BEND - R1000 675 000 COVE ROCK - R 1 420 AMALINDA - R -1R495 000 NEAT 3 BEDROOM HOME- TICKS IN A WELL ESTABLISHED CONTEMPORARY 3 BEDROOM HOME INAREA BEAUTIFUL BLUE BEND EXCEPTIONALLY NEAT HOME ALL THE BOXES AREA OLD GEM IN A WELL ESTABLISHED 3Beds I 2 Baths I Kitchen I 2 Lounges I Pool I 2 Garages

3 Beds I 1 Baths I Kitchen I Lounge I 2 Garages 1 MESa braai Lovely enclosed entertainment area Iwith Close to all amenities PATTY RICHARDSON 083 458 9535

SUSAN VD WESTHUIZEN 083 321 2270

N O OW SH

WEB REF:2918 CELW - 2922 WEB REF:CELW-

3 Beds I 1 Baths I Kitchen I Lounge I 2 Garages 5 Beds I 2Close Baths I to Kitchen I Lounge I 2 Garages SUNDAY 2 30- -5PM all amenities. Added bonus a bedsitter Estate offers facilities like - KROUSE swimming pool, tennis clubhouse CLINTON 083court, 797 1719

DIANE BEETS 082 432 1461

N O OW SH

3 Be The

WEB- 2916 REF: CELW- 3004 WEB REF: CELW

DUAL MANDATE SUNDAY 2:30 - 5PM

SOLE MANDATE

NEW RELEASE SUNDAY 2:30 - 5PM

SOLE MANDATE SUNDAY 2:30 - REDUCED 5PM

SUNNYRIDGE 1 450 000 SELBORNE - R- R 1 550 000 LOCATION LOCATION LOCATION NEAT SPACIOUS !FAMILY HOME IN!LOVELY SUBURB !OF SELBORNE

BEACON BAY - -R1 000 AMALINDA R 385 1 350 000 PIECE PARADISE AND TRANQUILITY OLD OF GEM IN SOUGHT AFTER SUBURB OF SAXILBY

MORNINGSIDE - R -995 CAMBRIDGE R 1 000 119 990 NEAT HOME SITUATED INHOME SOUGHT AFTER WINCHESTER BIG AND SPACIOUS IN SOUGHT AFTER NEIGHBORHOOD

JOHN DE KONING 083 780 6517

PATTY RICHARDSON 083 458 9535 SUSAN VD WESTHUIZEN 083 321 2270

JOHN DE KONING 083 780 BELINDA ENSLIN 081 6517 422 0077

BedsI 2l Baths 2 Bath l Kitchen l Lounge l 1 Flatlet I D/Garage 33Beds I Kitchen I 2 Lounges I Study I 1 Covered Parking Situated close to all Added bonus - 1 income. flatlet SUNDAY 2 a305PM Large TV that could beamenities. converted into flat extra 30-for5PM JANNIE OLIVIERSUNDAY 083 52723846

NN W OO OOW H S SH

WEB REF:CELW2924 WEB REF:CELW3005

3 Beds l 2 Baths l Kitchen l Lounge Bath l Kitchen I 2 lCovered Parkings 2 Bathsll Lounge KitchenI l11Garage Lounges 1 Garage I 2 Covered Parkings 3 Beds I 1 Baths I Kitchen I Lounge I 3 Garages I 2 Open parkings 3 Beds l32Beds Pet Close friendly -to lovely secure and and closehas to allanamenities sought after suburb of Cambridge Home isVery fully walled alarm -inPets allowed all garden amenities and public transport.

N O OW SH

WEB REF:CELW-2859 WEB REF:CELW-1718

N O OW SH

WEB REF:CELWWEB2807 REF:CELW-2975

NEW

DUAL MANDATE SUNDAY 2:30 - 5PM

HAVEN HILLS -- R 000 CAMBRIDGE R 780 1 199 990 HOME LOVELY SELFBEDROOM CONTAINED 3 BEDROOM LOVELY 3 Beds I 2 Baths2 I Kitchen I Lounge I I 2 HOME Open parkings

3 Beds I 2 Bath I Kitchen I Lounge I Dining Room I 1 Garage I 2 Open Parkings Spacious front yardoutdoor - canentertainment accommodate BONUS FEATURE - Private area as wellaasdouble a courtyardgarage. with a washing line

THANDI MTSHEMLA 079 090 5313 BELINDA ENSLIN 081 422 0077 EMMANUAL KONDILE 084 492 0211

SOLE MANDATE SUNDAY 2:30 - 5PM

MDANTSANE 750 000 000 GONUBIE --RR995 ONE OF A KIND GRACIOUS HOME TOWNHOUSE IN MDANTSANE CHARMING SPACIOUS 5 Beds I 2 Bath I Kitchen I Lounge I 2 Flatlets I 1 Garage I 4 Open Parkings 2 Beds l 1 door Bathstep l Kitchen Lounge I 1 Garage Situated on the of publicltransport

SOLE MANDATE SUNDAY 2:30 - 5PM

BUFFALO FLATS(EGOLI) - R000 350 000 SUNNYRIDGE - R 795 JUST MOVE INBRICK - COMPACT 2 BEDROOM FLAT ON GROUND IN ISOUGHT AFTER SUBURB FLOOR OF SUNNYRIDGE 2 Beds l FACE 1 Bath l KitchenHOME l Lounge 1 Open Parking

Beds Iand 1 Bath I Kitchen I 1 Garage Close to2amenities public transport

Open plan kitchen and lounge with a spacious garden and lovely braai area Access to all amenities. Lovely face brick home BELINDA ENSLIN 081 422 00773237 JUSTIN AUGUSTINE 083 892 1217 BELINDA SCHUTTE 071 850 CLINTON KROUSE 083 797 1719

WHERE EVERITT IS - IT’S SOLD WWW.EVERITT-EASTLONDON.CO.ZA WHERE EVERITT IS - IT’S SOLD WWW.EVERITT-EASTLONDON.CO.ZA

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PROPERTY

THE SOUTH AFRICAN PROPERTY INDUSTRY PORTAL

PROFESSIONAL

30 AUGUST 2019

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21 Main Road, Abbotsford Sanette 0732187979 Zenobia 082 482 2100 VINCENT - R2 550 000 GONUBIE - R2,050,000

BEACON BAY - R2 500 000 GONUBIE - R2,1 MILLIONS

7 BEDROOM HOME (OR 3 UNIT INCOME) ULTRA MODERN 3 BEDROOM HOME IN VINCENT Unit 1: 3 bedrooms, 2 bathrooms, lounge kitchen, laundry and With 2 bathrooms, Open plan lounge, dining room and kitchen double garage and patio. with granite tops flowing through to entertainment area. Unit 2: 2 Bedrooms, 1 bathroom, lounge and kitchen with patio Double garage and store room. Good security fitted. Unit 3: 2 Bedrooms, 1 bathrooms, lounge and kitchen with patio CONTACT SANETTE ON 073 218 7979 OR Total income R21000 per month. ZENOBIA ON 082 482 2100 CONTACT SANETTE ON 073 218 7979 OR ZENOBIA ON 082 482 2100

BEACON BAY - R2 2M

GONUBIE - R2.2M GONUBIE - R2.1M 2 BEDS / 1 BATH / OPEN PLAN / LOUNGE / 3 BEDS / 2 BATHS / DINING ROOM / LOUNGE / STUDY DINING ROOM / KITCHEN Situated on a corner stand beautiful splitlevel home with This 2 bedroom house with 2 separate 2 bedroom flatlets entertainment area, sparkling pool, own watertank, with separate entrance. double garage. Carport for extra vehicles, Generates an income of R16000.00 rental income. electric fencing and fully walled.

4 BEDROOM HOME 4 Bedrooms with all doors leading to top undercover patio, 2 bathrooms, Kitchen and separate dining room, Lounge, tv room, bar/entertainment area, office and 3rd bathroom, Outside patio undercover with braai area Swimming pool, Single garage with extra parking space . Spacious laundry and store room area. CONTACT SANETTE ON 073 218 7979 OR ZENOBIA ON 082 482 2100

ON SHOW

SPACIOUS 2 BEDROOM A Property investment with so much potential . Fools you with size from the outside and blows you away from the inside. Main House: The open plan lounge and Dining room flows through to the family room with alluminium stack doors to pool area. Bedrooms are double size with lots of build in Cupboards and 1 full bathroom. 2 Separate entrance granny flats with R8200 income per month. CONTACT SANETTE ON 073 218 7979 OR ZENOBIA ON 082 482 2100

3 BEDROOM FAMILY HOME 2 Bathrooms, Spacious lounge, separate dining room and kitchen. Study, Double garage and carport. Swimming pool with lapa and built in braai. Outside domestic room and laundry area. CONTACT SANETTE ON 073 218 7979 OR ZENOBIA ON 082 482 2100

BEACON BAY - R1 495 000 WEB ID: 107864913 POINTERS: HILLCREST DRIVE

Gorgeous townhouse in the ever-popular, Shamrock Sands. Beautifully renovated and cared for. 3 BEDS, 2 BATHS, OPEN-PLAN LIVING, GOURMET KITCHEN, ENTERTAINMENT AREA, COMMUNAL TENNIS COURT, SWIMMING POOL AND CRECHE Debi: 082 775 2780

ON SHOW

GONUBIE - R2 395 000 WEB ID: 107715061 POINTERS: GONUBIE MAIN ROAD

Perfect property to accommodate two families, or assist with your bond for retirement. Amazing investment opportunity or ideal for the extended family. 4 BEDS, 2 BATHS, OPEN-PLAN LIVING, POOL, TWO LARGE INCOME GENERATING FLATS Penny: 083 306 7277

30 AUGUST 2019

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GREENFIELDS - R1 150 000

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CAMBRIDGE - R1 250SOUTHERNWOOD 000 EACH - R795 000 BRAND NEW RELEASE!!!

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ALWAYS CARING FOR YOU! POINTERS FROM JAN SMUTS AVENUE

SOLE MANDATE

POINTERS QUEEN STREET CAMBRIDGE

BRAND NEW RELEASE!!! IMMACULATE LOW MAINTENANCE LOTS OF POTENTIAL!!! CUTE COSY2AND SECURE HOME!!! LOVELY WITH STUNNING VALLEY VIEWS!!! GREAT INVESTMENTS! BUSINESS ZONED CLINKER BRICKTOWNHOUSE HOME!!! Solid well-built home consists of the Perfect starter home, Investment property for rental to main house with a big lounge leading out to an enclosed veranda/ Perfect home for ﬁrst �me buyers or if you wan�ng to scale down! Lounge, dining students or if5you want to scale down, consis�ng of an open This spacious, modern 3 bedroom townhouse, with a decent size yard for Situated in Queen Street in Cambridge these duplex spacious sun room, open plan kitchen/dining room with separate scullery, lounge/kitchen, 3 bedrooms, 1 full bathroom, and room, kitchen, 3 bedrooms, 1 bathroom with separate toilet undercover veranda, plan 3 bedrooms (bic) 2 bathrooms. (mes) Underneath the home 3 small storerooms under the wooden3 deck that leads out children pets situated in aor newly developed small complex close to townhouses each consists of a lounge, dining room, kitchen, bedrooms, there is loads ofand space for eitheris a workshop, storeroom games outside room with kitchene�e, shower, toilet & basin. And approved plans for the lounge with a braai area. Why pay rent when you can room. The second sec�on consists of 3 garages with a small all amenities. 2 bathrooms, a guest toilet and basin bedownstairs and single garage. paying oﬀ on your own a property which will be a growing storeroom, 2 rooms, a large bedroom with en suite bathroom, an en suite bathroom. for you. a laundry as well as an outside toilet which can all be converted CALL ESMÉ 083 344 6269 TO VIEW! CALL ESMÉ 083 344 6269 TO VIEW! CALL ESMÉ 083 344 6269 TO VIEW! investment CALL ESMÉ 083 344 6269 TO VIEW! into another house. CALL ESMÉ 083 344 6269 TO VIEW!

SUNNYRIDGE - R1 595 -000 WINTERSTRAND R1 850 000

BEACON BAY - R1 995 000 GREENFIELDS - R1 595 000 SUNNYRIDGE - R1 295 000 SOLE MANDATE SUPER INVESTMENT!!!

SUNNYRIDGE R1 395 000 MDANTSANE - R695- 000

2 SPACIOUS houses on one erf very close to ALL AMENITIES!!! MAIN HOUSE consists of an entrance hall, lounge, dining room, kitchen, 3 bedrooms, 2 bathrooms (mes), separate toilet, double tunnel garage, laundry, outside toilet and undercover pa�o. SECOND HOUSE consists of an open plan lounge/dining room/kitchen, 2 bedrooms SOLE MANDATE SOLE MANDATE SOLE MANDATESOLE MANDATE SOLE MANDATE with en suite bathrooms, double tunnel LARGE FAMILY HOME WITH FLAT! ALL REASONABLLE OFFERS WILL BE CONSIDERED. LOVELY LOCK UP & GO TOWN HOUSE!! BRAND NEW RELEASE! BEAUTIFUL, MODERN, IMMACULATE BEAUTIFUL SEA VIEWS! garage and double undercover carport with The property is situated in the upper of house Sunnyridge Solid well-built home consists of thearea main with a bigFully lounge leadinghouse modern,with spacious lock up & and go duplex Neat secure fully Gorgeous walled property a sliding gate offers a walled built onmodern, a large erf well lock up & and go duplex Gorgeous spacious and to consists of an entrance hall, bigroom, open open plan lounge / out an enclosed veranda/ sun plan kitchen/dining room with a lovely garden area with a tank. This is a townhouse remote controlled accessand in fully kitchen,with 3 bedrooms, 1 bathroom a huge posi�oned there is enough ground townhouse consisting of a le� lounge, dining room, 3 bedrooms, lounge/dining room, dining room, kitchen, 4 bedrooms with the main bedroom separate scullery, 3 bedrooms (bic) 2bathrooms. (mes) Underneath the so that walled complex. Lounge, dining room, 3 bedrooms, good investment property or will suit a family being huge a balcony overlooking thea pool area and home therewith is loads of space for either workshop, storeroom or games undercover carport. All the windows aluminum areinto fitted to build a second2 home with its ownremote gate with bathrooms (mes), double garages leading into the 2 bathrooms, remote are double garages and leading the sea., 2 The bathrooms, garages, large pool braaiwith a small room. second 2section consists of 3with garages storeroom, looking for a property to accommodate extra security. Thisbalcony property is well positioned entrance alreadyhome thereand OR ayou canenclosed sub divide glass balcony upstairs with a jet master with trellidoors for home and big upstairs with awesome sea in entertainment area PLUS 1 bedroom ﬂat which 3 rooms one being large awith en suitegranny bathroom, a laundry as well as an 2 families. a good area very close to schools, shops and public transport. and sell oﬀ the plot. braai. views! SERIOUS SELLER! LET’S NEGOTIATE! can be rented outside toilet.out for extra income. CALL6269 ESMÉ 344 6269 TO VIEW! CALL ESMÉ 083 344 TO083 VIEW! CALL CALL ESMÉ 083 344 6269 TO VIEW! CALL ESMÉ ESMÉ083 083344 3446269 6269TO TOVIEW! VIEW! CALL ESMÉ 083CALL 344 6269 TO083 VIEW! ESMÉ 344 6269 TO VIEW!

FOR MORE INFO AND PHOTO’S OF THESE PROPERTIES VIEW ON PROPERTY 24 OR CALL ESMÉ 083 344 6269

TEL/FAX: 073 737 4474 WEBSITE: www.vigneestates.co.za CELL: Margaret - 082 439 1063 Wendy - 081 470 8388 EMAIL: margaret@vigneestates.co.za wendy@vigneestates.co.za

MOOIPLAAS R4.2M

SUNRISE ON SEA R1.375M

84.4Ha Stock Farm Ample water Cattle Handlng facilities. 5 Bedr House. Margaret: 082 439 1063

3 Bedr Home & Flat, close to beach. O/P Lounge. Established Garden. Wendy: 081 470 8388

MACLEANTOWN R1.995M (3 ERVEN)

KOMGA R1.58M

10.7Ha Smallholdng 4 Bedr Home. O/Bldgs, B/Hole, with cold room. Wendy: 081 470 8388

Lge W/Shop + 3 Bedrm Home & Flat O/P Living Area, Entertainment area with Pool. Wendy: 081 470 8388

DEVELOPED BY WF OSNER INVESTMENTS

30 AUGUST 2019

www.neighbourhoodlistings.co.za

Are SA Property Sellers and Buyers Out Of Sync? The real culprits behind soaring house prices and weakening home buyer sentiment may well be a number of real estate agencies and industry representatives whose support of unrealistic pricing and assertive promotion of house price inflation is damaging seller confidence. Text: property24.com

“

30 AUGUST 2019

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n a market where buyers are highly informed and increasingly handson in the purchasing process, it is also vital that sellers are equally engaged, advised and enlightened,” says Alberts.

This is according to Matthew Alberts, Sales Manager of Alexo Property Brokers, a Cape Town-based real estate agency, who says on a weekly basis, and particularly more recently, the average South African home buyer is bombarded by conflicting sentiment on the state of the property market. “On the one hand economists warn us that we’re likely to experience our most difficult year since 2008, with elevated inflation and currency weakness coupled with a strong likelihood of further interest rate hikes. Low GDP growth outlook, weakened consumer confidence‚ rising rates and elevated costs are set to weigh heavily on the spending and investment intentions of households and corporates,” says Alberts. “On the other hand, however, a number of property industry players continue to ‘talk up the market’, encouraging sellers to list their homes at higher values and persuading buyers to accept these inflated house prices as accurate reflections of the current state of a resilient property market.” He says driving this belief in rapid and consistent house price appreciation in our current economic climate is irresponsible and has many negative consequences. “Most notably, it creates disparity between seller’s expectations and buyers’ willingness to pay what sellers are asking for their properties,” says Alberts. “Many prospective buyers simply stall any home purchasing decision when properties appear overvalued. This creates an environment where people believe it is a good time to sell, but not to buy - and therefore homes sit on the market for longer - resulting in a ‘blockage or ‘stalemate’ situation in the marketplace, where sellers are frustrated that they can’t sell and buyers are frustrated that they cannot afford to get into the market or scale up.” What happens when buyers are ‘sitting’ is that they often begin to look at alternatives to purchasing. Alberts says this means that they look to rent rather than own, which in turn drives rental prices higher. Which is great for landlords, but not for sellers. “Not all sellers are aware how much time matters in selling a property,” says Alberts.

“There is an ideal timeframe in which to sell a property, and it falls within the first few weeks that the house is on the market. Take too long and you run the risk of creating negative perceptions about the property.” He says the number one question that every buyer asks the estate agent when becoming serious about a property is “how long has this home been on the market?”. Buyers will feel that they can negotiate harder with someone whose home has been on the market for months than someone who has just recently listed. “For this reason it is imperative that sellers are honest about their situation and agree to a marketing strategy linked to a timeframe to which both seller and agency agree,” says Alberts. “There is nothing wrong with setting a high aspiration - as long as the seller’s non-urgent needs allow for a longer sales lead time, and the marketing is controlled in such a way so as not to overexpose the property.” By doing this, he says the agency can accurately represent your

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sentiment and urgency to buyers in an appropriate way. “Buyers want fair market value, and positioning your home at an unrealistic premium will drive off any buyers that fall into this category. Our advice to sellers is to listen carefully to what the market will bear and look at the comparable real estate sales data through the eyes of an informed buyer not an emotional seller,” says Alberts. “We believe that an appointed agency needs to fully analyse market activities and trends - whether moving upwards, plateauing, or following a downward trend - in order to best advise sellers of the correct price range that will guarantee them the best return on their investment, whilst also offering buyers market-related value. Only by providing honest, factual advice to sellers can we as property professionals ensure healthy movement within our communities.” Alberts says the fact is that, whilst over the past three years consumer confidence has shown excellent growth, it appears that the property market at large has now reached a tipping point, with the equilibrium between buyers and sellers now looking out of sync. “As such, we’ve noticed a sharp rise in the number of prospective buyers who say rising prices are a barrier to buying, and instead are opting to stay put or rent until things ‘cool off’.” In terms of lending, first-time buyers are also being affected by the increase in property prices, as banks are more reluctant to take on unnecessary risk, especially when faced with the possibility of further interest rate hikes and subdued property growth in 2016.

30 AUGUST 2019

While the negative impacts of the economic slowdown have had the effect of decreasing the overall volume of property sales, Alberts says another factor to consider is the increase in transfer duty which, in conjunction with the creeping effect of capital gains tax, has especially affected the upper end of the market. He says weaker performance of residential property globally is also influencing its popularity as an asset class. Despite significantly cheaper property prices for foreign-currency buyers, there has been no major rise in home buying by foreigners, according to FNB´s Q4 2015 Estate Agent Survey, with foreign buying off its’ ‘highs’ reached around 2014. “Sellers need to be prepared for a tightening of the market as it enters a cool-down phase. Both buyers and sellers can still realise real value in property, but should exercise caution in terms of reading into some of the overly confident public statements,” says Alberts. “They should also be careful about basing their aspirations solely on property advertisements of similar properties in trying to gauge a price for their own property, as these can prove misleading.” He says the answer lies in selecting a trusted estate agent that understands current market influencers and specific area trends well enough to advise sellers of a market-related price range for their home, which takes into account their individual needs. This requires a proper analysis of what is happening in the local market and in which price bracket your property is likely to receive written interest.

“Buyers want fair market value, and positioning your home at an unrealistic premium will drive off any buyers that fall into this category. Our advice to sellers is to listen carefully to what the market will bear and look at the comparable real estate sales data through the eyes of an informed buyer not an emotional seller,” says Alberts.

30 AUGUST 2019