Neighbourhood PTA - 03 September 2017 by Your Neighbourhood

Neighbourhood 3 SEPTEMBER 2017

PROPERTY & LIFESTYLE

Ahead of the game The Hills Estate in Pretoria East offers a unique and remarkable game reserve lifestyle, page 4

SUBURB FOCUS: MENLYN

PROPERTY STATISTICS

PROPERTY NEWS

3 SEPTEMBER 2017

Neighbourhood

Suburb focus

Menlyn Here’s what’s happening in property in the area WORDS: BETSIE LOOCK-VAN DER MERWE

IMAGES: ANTON SCHOLTZ, RENE WALKER & ISTOCK

nterest in Pretoria’s ever-expanding eastern suburbs is escalating by leaps and bounds, reaching new heights in Gauteng’s property market. At the heart of this area is the small, centrally located suburb of Menlyn. Menlyn lies directly east of the N1 between the Garsfontein and Atterbury off-ramps. The suburb forms the midpoint, so to speak, between the well-established Old East, comprising timeless traditional neighbourhoods, and the younger, trendy and fast-developing New East. This, together with its proximity to the main roads in the area, makes Menlyn easy to access for people who live in the many surrounding suburbs.

I love Menlyn’s comprehensive shopping centres. I don’t have to drive all around town to do different shopping chores. I stop once and I leave with everything I need. LEILA SWART, RESIDENT

PUBLISHED BY BLACKSTAR PROPERTY PUBLISHING Unit G04, Old Castle Brewery Bldg 6 Beach Road, Woodstock Cape Town, 087 828 0423

THINGS TO DO:

DINE OUT: • Baobab Cafe and Grill, Menlyn Park Shopping Centre: for family dining • Guy Fieri's Kitchen and Bar SA, Time Square: for good food with an American-Italian influence • Forti Grill and Bar, Time Square: for fine dining • The Black Bamboo, Ashlea Gardens: for award-winning Asian cuisine • Cubana Menlyn, Menlyn Piazza: for flavoursome Cuban-style cuisine

• Play mini golf, laser tag, laser maze, bumper cars and go bowling at The Fun Company. • Take the kids to the indoor Bounce trampoline park, Menlyn Maine. • Enjoy a family outing to the 19th Hole Putt-Putt course. • Visit the new Time Square South Africa Casino at Menlyn Maine.

NATURE NEARBY: • Struben Dam Bird Sanctuary • Faerie Glen Nature Reserve • Moreleta Kloof Nature Reserve

EDITORIAL TEAM: Group Editor: Charis Le Riche charisl@yourneighbourhood.co.za Managing Editor: Molly Fitz-Patrick Senior Sub-Editor: Mlungisi Mthembu

The suburb recently saw two sizeable developments, which have had a major impact on the suburb’s character. The expansion of Menlyn Park shopping centre – which now claims to be the largest mall in Africa – was completed towards the end of last year. The mega mixed-use precinct development, Menlyn Maine, which offers office, retail and shopping space as well as an entertainment complex and Pretoria’s first casino, also paved the way for several other high-rise developments. These include commercial and residential projects in Menlyn and neighbouring suburbs like Ashlea Gardens, Lynnwood Glen and Newlands. Menlyn Maine’s residential segment, a towering luxury apartment complex,

The Trilogy Collection, is well under way. The first phase of apartments is scheduled to be completed early in 2019. The development will boast 550 units ranging from studio apartments to multimillion rand penthouses offering exquisite hotel-style living. Just across the N1 from Menlyn, in Ashlea Gardens, another new luxury apartment development, The Regency, offers the perfect city abode for young professionals and the corporate sector. There’s an abundance of investment and development opportunities in the Menlyn node. It’s predicted that the demand for student accommodation in the area will rise significantly because of the node’s excellent access to the numerous reputable Further Education and Training colleges nearby and the University of Pretoria. Another attractive quality of the suburb is the availability of public transport. Menlyn is on the Gautrain bus route and close to the Hatfield station. The suburb is also served by the new Bus Rapid Transport system. Most of the current residential developments are located within walking distance of the bustling commercial hubs of the suburb. From humble beginnings as a quiet suburb with a smallish shopping centre and a small number of residents living in freestanding homes, Menlyn has developed into a sought-after, modern, high-density suburb that is the ideal “live, work, play” area.

ADVERTISING SALES: Designers: Anja Bramley & 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 Key Account Manager: Marie Hay marie.hay@thecreativegroup.info Production (Editorial & Property Advertising): Lucea Goosen pretoria@yourneighbourhood.co.za

3 SEPTEMBER 2017

Neighbourhood

PROPERTY NEWS

For sale

For rent

Median asking prices

Median monthly asking prices

R3,57m

R30,000

For a typical property (two-bedroom apartment)

For a typical rental property (three-bedroom apartment)

R1,92m

R15,720

Property type

For an apartment

100%

apartment

Monthly bond repayments For a typical property in this area

You’ll pay

R34,996 per month

Based on

over a period of

R3,57m

10,5%

median asking price

years

prime

WHY WE LOVE MENLYN PARK SHOPPING CENTRE: The new and contemporary Menlyn Park shopping centre offers a wide range of goods and services all in one place. With a variety of options at the food court, every member of the family will be able to find their favourite dish. Kids can enjoy hours of fun at The Fun Company while moms and dads can keep a close eye on them from the restaurant. Wide passages and walkways offer breathing space so that even when the centre is busy it never feels too crowded. The extended trading hours make shopping at Menlyn Park easy and convenient for everyone. Find out more at menlynpark.co.za.

PROPERTY NEWS

3 SEPTEMBER 2017

Neighbourhood

Balwin and Transcend announce partnership

SE-listed Balwin Properties and Transcend Residential Property Fund have announced a strategic alliance with the intention to bring to market up to 8,900 quality affordable rental apartments across five developments in key Gauteng nodes over the next six years. Balwin will be responsible for the design and construction of each development and sectional title apartment. Balwin will also market and secure lease agreements for the apartments with prospective tenants. Transcend will then have the opportunity to purchase fully tenanted apartments in phases from Balwin. Transcend’s intention is to participate in all five developments although they will be treated and reviewed independently. Steve Brookes, CEO, Balwin Properties, said, “The announcement is fantastic news for the rental

housing market in South Africa. The planned developments, worth an estimated R6,4bn, will see us deliver up to 8,900 premium apartments expertly designed to offer quality finishes not yet seen in the affordable rental market. “Furthermore, Transcend’s focus on predominantly walk-up apartments strategically located in desirable neighbourhoods and often equipped with lifestyle-enhancing facilities is perfectly in line with Balwin’s proven development model and popular design.” Rob Wesselo, CEO, Transcend, said, “This alliance is perfectly in line with our strategy to focus on a defensive asset class, that delivers affordable housing rentals to a heavily under-serviced portion of the real estate market outside of the conventional inner-city residential rental housing.”

The cutting-edge AR/VR technology not only helps buyers to better envision the properties, it enables them to view homes remotely in far greater detail than ever before through digital 3-D tours where they are able to control what they see and where they ‘go’ during the tour process JP VAN DER BERGH, FOUNDER, PROPSCAN

List your home now for holiday season rentals

nquiries from both upcountry and overseas visitors for holiday rentals in Llandudno and Hout Bay in the coming summer holidays are now flowing in steadily and increasing week by week, says Terry Mackenzie, rental agent, Cape Waterfront Estates. “Many property owners in Llandudno and Hout Bay like the idea of renting out their homes over part or all of the holiday season, but they don’t contact rental agents until it’s far too late,” says Mackenzie. “Now is the time to put your property in the hands of a good rental agent, because right now most of the better-organised holiday visitors are making their holiday plans.”

Mackenzie says that in Hout Bay suitable homes rent out in December and January at around R2,000 to R10,000 per day, while in Llandudno, one of the most affluent Atlantic Seaboard suburbs, homeowners are now able to charge from R6,000 to R60,000 per day – and in one or two cases even higher rentals have been acceptable to clients. These prices, she says, will probably seem high to many people, but worldwide Llandudno is seen as a top-of-the-range destination, and those paying for their holidays with First World currencies are still getting a bargain. Many Gautengers can also easily afford a holiday home in this price range, she says.

Exxaro HQ in Centurion

rowthpoint Properties has begun the R600m development of a new head office in Centurion for Exxaro, one of the largest diversified resources companies in South Africa.

and reception area will open on to an atrium that soars through five floors. The workspace sits atop four storeys of basement parking with dedicated bays for fuel-efficient vehicles, as well as bicycle racks.

It’s the second phase of the redevelopment of the Lakeside office site on West Street, opposite the Centurion Gautrain station. The new headquarters will consolidate Exxaro’s present offices in Pretoria and Johannesburg into a single workspace. Construction on the innovative green building, integrating P-grade aesthetics and finishes, will begin this month. The 18,500m2 of lettable area will be ready for long-lease occupation in early 2019.

The building will incorporate environmentally sustainable initiatives including zoned lighting, energy-efficient building services and systems, water-efficient fixtures, rainwater harvesting for use in toilets and landscape irrigation, water-wise landscaping and finishes low in volatile organic compounds to ensure high-quality indoor air.

Designed by AMA Architects, the structure will flow with a series of layered, curved forms in flushed glaze detail. The triple-volume entrance

The glazed façade will let in natural light but prevent sun penetration, helping to keep the interior cool. Balconies and a roof terrace giving 360º views will provide a connection to the outdoors.

Game reserve living Situated in Pretoria East, The Hills Game Reserve Lifestyle Estate is ideal for families who want to escape the bustle of the city WORDS & IMAGES: SUPPLIED

he Hills Estate offers a truly unique and remarkable game reserve lifestyle. Although The Hills is conveniently located in the exclusive Pretoria East area on Garsfontein Road, close to many high-end shopping centres such as Parkview and Woodlands, it feels as though you’ve driven right out of the chaos of the city. The area is quiet and the landscape is serene, boasting traditional Highveld fauna and flora and green, rolling hills. The estate is located on 500ha of pristine private land offering a unique bushveld atmosphere within a game reserve stocked with antelope and zebra. The Hills Estate offers stands ranging from 600m² to 3,800m² as well as luxury apartments, providing different investment, rental and buying opportunities. Homeowners have the opportunity to create unique architecture and design and build their dream family home.

Over 90% of the 880 stands in the estate have already been snapped up by savvy buyers who realise the great value on offer. A new phase of 116 stands has been launched with R50,000 discount. The Hills Estate provides an unparalleled lifestyle with phenomenal facilities for the entire family. As Century Property Developments prides itself on viable and successful investment ventures, you can be sure that your investment in The Hills Estate will grow and make you a profit. Not only is The Hills Estate offering something that many estates don’t and can’t offer, its location and price are also prime.

SEE FOR YOURSELF: Century Property Developments Francis Monareng, 082 806 1769 francis@century.co.za century.co.za

THE HILLS ESTATE FEATURES: • State-of-the-art security • A prime location in Garsfontein, Pretoria East • The opportunity to build your dream family home or select from a range of building packages • Luxury apartments to rent or invest in • Reddford House private school • 500ha private game reserve with zebra and antelope • A new clubhouse with a family restaurant, full gym with studios, a lap pool and a children’s play area • 12km of secure walking and riding paths • A new Atterbury Road extension and gatehouse for convenient access • Future retail and commercial phases will add value to your investment

Neighbourhood

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D E V E LO P M E N T S

Neighbourhood

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Buy

. . . d n a t as

Stand: R589 000 up to R650 000 Building: R1 225 000

Stand: R589 000 up to R650 000 Building: From R1 150 000

Stand: R589 000 up to R650 000 Building: From R1 100 000

FAR = 120% of stand size

Neighbourhood

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BUILDING PACKAGES Pretoria East

View the video of Mooikloof Country Residences on the link below: https://youtu.be/2hm6Cq07xEk

u b d an

e r d r u o y ild

! e m o h am

Stand: R589 000 up to R650 000 Building: From R1 450 000

Stand: R589 000 up to R650 000 Building: From R1 350 000

Stand: R589 000 up to R650 000 Building: From R1 200 000

WERNER EKSTEEN

RE/MAX Jowic - Team Werner Eksteen

082 411 3089

082 5774531 (OfďŹ ce) werner@wernereksteen.com

Neighbourhood

stneighbourhood.co.za | 3 SEPTEMBER 2017

Great homes make great memories, find yours

Retire at Midstream

2 bed | 2 bath | R5 450 000 | ADHS:6446

3 bed | 2 bath | R3 850 000 | ADHS:6414

Elegant and grand hardly describes this beautiful lady. Now on show to view to new owners to embrace and enjoy. This stunning and well designed home is the product of top- end professionals in collaboration with the owners in their pursuit to build their dream home. The finishes and all materials used are indeed quality.

Warm and elegant home on a corner stand with lots of parking, privacy and tranquility. This open plan home has it all, spacious bedrooms and bathrooms, solid wood kitchen all on drawers, separate and again spacious laundry and scullery. Extra large garage allowing for parking of camper / trailer.

VIEW BY APPOINTMENT

AMANDA 082 921 7093 ANNALIEN 082 904 2695

Midstream Ridge Estate

The Reeds

4 bed | 3 bath | R3 995 000 | ADHS:5641

4 bed | 3 bath | R1 460 000 | ADHS:6210

New property in built. Ultra modern, well designed with stunning features, a home with extra natural light, open plan reception area in sync with a kitchen to dream of. A home unique in character and style, enough to blow you over. Well located on a corner in a quiet cul-de-sac, close to multiple parks, walk-ways and plenty the Estate offers you.

A Beautiful spacious family home with big main bedroom and a huge modern kitchen! Located in a quiet street this beautiful well laid out home set in a tranquil garden setting has a lot to offer. The large main bedroom with modern bathroom en-suite and the huge modern kitchen with granite tops give this home the wow factor! Two spacious living areas, a built in bar, a dining area, covered entertainment patio, sparkling swimming pool. ON SHOW 2PM-4PM MICHELE 071 965 1895 ANNALIEN 082 904 2695

VIEW BY APPOINTMENT

AMANDA 082 921 7093 ANNALIEN 082 904 2695

Rooihuiskraal

The Reeds

4 bed | 2 bath | R1 820 000 | ADHS:6295

3 bed | 2 bath | R1 890 000 | ADHS:6006

Perfect for the entertainer and those that enjoy space and situated on a large stand! Offering 3 bedrooms, 2 bathrooms, 2 large lounges one with built in bar and braai ideal for entertaining all year round, study, big kitchen plus a separate dining room. Covered outside entertainment area with large pool and another built in braai.

Large Modern Family home with garden cottage situated on a large stand. For the discerning buyer and those who love to entertain, this is a fabulously awesome property with much to offer! Must be seen to be truly appreciated! An absolutely unique property with lots of space, character and charm throughout.

VIEW BY APPOINTMENT

MICHELE 071 965 1895 ANNALIEN 082 904 2695

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Brooklyn

3 bed | 2 bath | R950 000 | ADHS:6345

4 bed | 3 bath | R3 100 000 | ADHS:6449

Youâ&#x20AC;&#x2122;ll love this private apartment with a double garage and no one above you. Itâ&#x20AC;&#x2122;s in a quiet complex next to the neat clubhouse area. This property is on the first floor, with a balcony (with built in braai) leading out from the open plan living area. This apartment has everything that a small family needs to maintain an great life on a small budget!

This beautiful family home is located within the secure Brooklyn Security Village and in a quiet cul-de-sac. 1 study, openplan living and dining room with fireplace for those cold winters, well-appointed kitchen, scullery and separate laundry, undercover patio leading to the gorgeous easy-care garden with pool and lapa with built-in braai and 2 garages.

VIEW BY APPOINTMENT

TLHOGI 076 147 4903 ANNALIEN 082 904 2695

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ANNALIEN 082 904 2695

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Lourmarin is situated roughly 65km east of Avignon and just over 70km north of Marseilles in the Luberon valley. Avignon Toulouse

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3 Rue du Grand Pré, Lourmarin, Provence You can be the co-owner of an authentic provençal apartment in Lourmarin, Provence. Only one 10% share is still available which enables you to be a co-owner of an amazing apartment and at the same time securing a euro investment.

CONTACT JAN FOR MORE INFO: laureus@lantic.net 012 345 2881

The apartment Built in 1571 the building blends seamlessly with the cobbled streets and the view of the old bell tower from the top floor. From the uneven, tiled floor, thick walls and stone fire place to the ancient rafters the house brims with history. While the home

has been fitted with modern comforts you only need to close your eyes to feel the spirit of a time long gone breathing through the rooms. Its sigh is in the creak of the rafters, its breath flowing in from the windows, its heart beat felt in the stone walls and floors

The apartment has 3 bedrooms with 3 bathrooms (2 bathrooms en-suite). It is positioned on the second floor of a building which and has the original Provençal floors and ceilings and furnished in the appropriate style

FINANCE: A 10% share which allows you 5 weeks during the year costs only 70,000 euro and approximately 4,000 euro in legal fees. The property is owned in a SCI (Property Owning French entity) and your name will be put on the title deed

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

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