Neighbourhood PTA - 14 July 2019 by Your Neighbourhood

Neighbourhood 14 JULY 2019

PROPERTY & LIFESTYLE

One for all The latest in estate living is where children, parents and grandparents safely co-exist, with everything from schools to frail care centres on their doorstep, page 2

PROPERTY FOCUS: MULTIGENERATIONAL ESTATES

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14 JULY 2019

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Multigenerational estates make sense

ultigenerational living has been a growing trend in SA for economic and security reasons, but also because three, or even four generations living in close proximity promotes a healthy social balance. Lifestyle estates are increasingly embracing young, old and everyone in between, in sectional title homes as well as rental apartments, comprising facilities that cater to children, working adults and those in their golden years, and providing convenience and security.

Lifestyle developments increasingly embrace young, old and everyone in between WORDS: HELEN GRANGE

“Mixed-use developments are a relatively new phenomenon in SA, but globally they’ve been trending for many years,” says Amdec Property Developments’ MD Nicholas Stopforth. “It’s called new urbanism, and it’s today’s lifestyle of choice. The demand is high, because they also offer excellent investment opportunities,” says Stopforth.

IMAGES: SUPPLIED & SHUTTERSTOCK

Lifestyle estates such as Steyn City in Midrand, Sibaya Coastal Precinct in KwaZulu-Natal and Val de Vie in the Western Cape have all gone this route, offering an enviable lifestyle replete with nearby schools, shops, medical or care facilities, and every manner of sport or leisure activity.

STEYN CITY, GAUTENG

“The apartments and shops will be wheelchair-friendly and children have the option to attend Steyn City School,” says Marie Yossava, spokesperson, Steyn City. “There are several play and recreational nodes within the parkland residence, including a skate park for teens. There are also office blocks in our commercial park.” Many estates include separate retirement villages within the development. A good example is Century Property Developments’ Waterfall Estates between Kyalami and Sandton in Midrand, embracing Waterfall Hills and Waterfall Valley mature lifestyle estates. Aside from the myriad of facilities expected of a top lifestyle estate – sport, walking trails, gym, pool, coffee shop, restaurant, movie theatre, hairdresser and health spa – retirees and the elderly have access to onsite nursing staff that can provide assisted-living services and a frail care facility at Waterfall Hills Mature Lifestyle Estate.

And as they evolve, these multigenerational estates are embracing more investment brackets, offering a mix of apartments, townhouses and freestanding units of one to five bedrooms, priced anywhere from about R1m to R20m and beyond.

“The choice of houses, cluster homes, apartments and retirement homes as either rental or investment opportunities means you’re accommodated in every life stage from young adult, to having a family, then grandchildren, to downscaling to a lock-up-and-go,” says Jessica Hofmeyr, Century Property Developments executive for sales, rental, marketing and operations.

Gauteng

Western Cape

Steyn City is a prime example of a multigenerational estate, with its huge diversity of owners and tenants and range of properties priced from about R2,2m to more than R25m. Its “city centre” will include about 739 apartments and a central piazza with retail, restaurants and lifestyle offerings.

The prestigious Val de Vie estate near Paarl in the Cape winelands has also embraced retirees more fully with Val de Vie Evergreen. It’s aimed at over 60s with the offer of 400 exclusive homes, 208 apartments and an 80-bed frail care facility. “Our resident demographics are evenly split between those

KINDLEWOOD, KZN

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14 JULY 2019

Neighbourhood

PROPERTY NEWS

We cater to everyone – from first-time buyers and small families, to empty nesters who don’t yet want to move into a retirement village CLIFFORD OOSTHUIZEN, MD, WESTBROOK

EVERGREEN ZIMBALI LAKES, KZN

commuting, those working from home, and retired couples. The buyers are discerning and want excellent investments in the long term,” says Val de Vie’s group marketing director Ryk Neethling. Nearer Cape Town is De Plattekloof Lifestyle Estate, aimed at over 50s, which includes homes, apartments and the Tijgerzicht assisted-living suites. Century City near Canal Walk is another sought-after multigenerational estate, offering contemporary penthouses, family homes and spacious apartments. Buh-Rein Estate near Durbanville is attracting firsttime buyers to its townhouses and apartments, as well as retirees who have a choice of independent-living and assisted-living apartments.

Eastern Cape The mixed-use, multigenerational estate has come to Port Elizabeth in Amdec’s Westbrook Estate. The development will comprise 3,500 homes spread across nine residential villages with a “town square” and a variety of commercial and retail space.

CENTURY PRECINCT, WESTERN CAPE

“We cater to everyone – from firsttime buyers and small families, to empty nesters who don’t yet want to move into a retirement village,” says Westbrook MD Clifford Oosthuizen. You can get cheaper houses in the city, but your investment value simply won’t increase as fast or by as much.

KIDDS BEACH, EASTERN CAPE

In East London, Kidds Beach Green Estate comprises six estates with homes ranging in price from R700,000 to R10m. The estate caters to growing families, investors and luxury buyers. Amenities include private schools, a shopping centre, office parks, a private hospital, a high-performance sports centre and a hotel and conference centre. An assisted-living section offering 200 retirement rental units based on the life rights model is planned.

KZN The KwaZulu-Natal northern seaboard is dotted with multigenerational estates. Sibaya Coastal Precinct in Umhlanga includes Shoreline Sibaya, which consists of 400 modern single-level sectional title apartments for over 55s in a wheelchair-friendly environment. “Research from the Retire KZN campaign indicates that approximately 43% of retirees now look for a property price point of between R1m and R2,5m. The studio apartments at Shoreline Sibaya start at R1,4m while one-bedroom apartments begin at R1,9m,” says Louise Hunt, spokesperson for Sibaya Coastal Precinct. “Because of the increasing interest in retirement property as an investment opportunity, the developers have permitted buyers as young as 20, although occupation only occurs once the homeowner turns 55,” says Hunt.

Phases Kindlewood Estate in Mount Edgecombe attracts a full range of investors, from first-time buyers looking to establish their roots through to retired couples seeking an active, outdoor lifestyle. “Kindlewood has homes and facilities suited to every phase of life,” says Mondli Msani, development manager, Tongaat Hulett Developments. Kindlewood developments include Norfolk Valley, The Links, Kindlewood Crest, The Kindles, Kariwood, Edenwood, The Wolds and the newly launched Mount Edgecombe Retirement Village. Zimbali Lakes Resort north of Ballito extended its cross-generational appeal as Evergreen Lifestyle launched a R3bn retirement offering last year. Evergreen Lifestyle Zimbali Lakes includes apartments to be sold on a life rights basis and an array of luxury lifestyle amenities is in the pipeline. Close by is Brettenwood Coastal Estate, with its retirement offering of Forest Village. Further north, Palm Lakes Family Estate, a development with a full suite of facilities, includes the Lakes Retirement Village, which tailor-makes a retirement home package to suit individual needs. These range from full title homes to sectional title. The development includes a healthcare centre.

Mixed-use developments are a relatively new phenomenon in SA, but globally they’ve been trending for many years NICHOLAS STOPFORTH, MD, AMDEC PROPERTY DEVELOPMENTS

AMDEC WESTBROOK, EASTERN CAPE

HERITAGE ESTATE, GAUTENG

PROPERTY NEWS

14 JULY 2019

Neighbourhood

Smart workspaces Biophilic design is a hot topic among specialists who craft offices to feel more like home – and companies serious about retaining talent are listening WORDS: HILARY PRENDINI TOFFOLI IMAGES: SUPPLIED

ffices today are about flexibility in both private and collaborative areas. They’re healthier, people-centric and feel more like home. Three local office designers are upping the ante.

Environmentally friendly

Peet van Straaten of Raw Studios is a passionate and uncompromising furniture design whizz who has worked in the Netherlands and studied green architecture in the UK. Having witnessed how environmentally damaging some production processes can be, he’s determined to keep his products earth-friendly. His beautifully crafted modular office furniture systems

are made from birch plywood grown in sustainably managed forests in Finland. They embody his philosophy – in tune with the new thinking – that offices should be healthy peoplewelcoming environments. Employees should be surrounded by natural materials that are not harmful. Van Straaten’s simple, elegant structures can be combined in different ways and are found in the offices of companies such as I-CAT, the Pretoria environmental solutions company, Nando’s head office in Joburg, KwaZuluNatal’s legendary Africa Centre for Population Health, MTN and the SABS. He says companies serious about

retaining talent are giving staff light, colourful workspaces that encourage productivity. “Office design is moving away from open floor plans where everyone is thrown into one space, towards something in the middle – not cubicles, but soft areas beyond the essential focus work areas,” says Van Straaten. “Offices are creating agile spaces that encourage change and enable new ways of working without restrictions.”

Colour is king

Alice Hutton of Alice Hutton Studios is a skilled professional who spent 23 years designing corporate workplaces for O’Sullivan & Company, including Investec offices in London and New York. Now Hutton has opened her own Joburg-based interior design studio. Hutton says biophilic design is behind her award-winning office installation. This hot new industry topic refers to the innate need to connect with nature. “I used systems of natural colours inspired by Joburg’s urban forest,” she says, “a brightly coloured lounger as a focal point, positioned on an innovative urban-inspired moss and cobbled contract carpet.” Usually working in collaboration with savvy and imaginative young local designers who she believes challenge top international brands with their quality and creativity, Hutton chose, in this case, Dokter and Misses and Monique Vee. She says contemporary South African offices are becoming increasingly comfortable and more human. Because they feel more like home, they lead to a more productive environment. She sees technology integration totally changing offices. “Technology allows for freedom of movement away from the desk. This flexibility allows for more multipurpose

office environments and furniture. So we can design more creative office spaces. Collaborative hot-desking and more relaxed lounge-like meeting spaces create a more approachable and shared open work space.”

Moving away from the traditional

Rachel Andrews of Tetris says office walls are no longer merely functional, but an opportunity to boost productivity or make a brand statement. She is head of design at the Joburg offices of Tetris, a global design and build fit-out company, and has degrees in both interior design and mechanical engineering. “At AIG insurance company we were asked to create an interior with a ‘splash of colour’. We took this literally on the wall in their breakaway coffee area,” she says. “The client loved this interpretation of the brief and says it helps create the vibrancy they wanted for the office environment.” In her view a growing number of office designers are realising that diverse work models and generations require a balance of diverse workspaces. “Staff now operate not only from traditional workstations, but often throughout the office in breakaway areas which are strategic spaces for companies to heighten productivity. “A key way to bring nature into an office is by a series of screening walls constructed as shelves dotted with plants to add greenery and light,” Andrews says. Or by creating a space for a living wall, as done for Hannover Re reinsurance group. An effective brand statement for the law firm Herbert Smith Freehills was made by embedding a section of the company’s logo into the timber wall panelling in the area where clients wait.

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