Neighbourhood PTA - 18 August 2019 by Your Neighbourhood

Neighbourhood 18 AUGUST 2019

PROPERTY & LIFESTYLE

Last, but not least Not all want to spend their golden years next to the beach. We bring you the latest in inland and not-so-inland retirement options, page 2

RETIREMENT FOCUS: MUST-SEE ESTATES

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PROPERTY NEWS

18 AUGUST 2019

Neighbourhood

Retirement focus

Life is a holiday Those making a retirement property purchase are often drawn to coastal destinations for the surroundings, but inland estates offering the same sought-after lifestyle are equally popular as investment options WORDS: GEORGINA GUEDES & KIM MAXWELL IMAGES: SUPPLIED & SHUTTERSTOCK

EVERGREEN LAKE MICHELLE, NOORDHOEK

f there’s a growth push in local property, it’s in modern retirement estates that are designed to please.

Developers have researched the market and upped the ante, responding to technologically savvy future retirees who travel, enjoy active, fulfilled lifestyles and pursue varied social activities and personal interests. And they want to live well too.

Western Cape Offering a “five-star lifestyle for the over 50s”, the award-winning De Plattekloof Lifestyle Estate, between Bellville and Bloubergstrand in the Northern Suburbs of Cape Town, caters to luxury buyers in the R7m price range. A full ownership model buys great views and urban proximity. At Evergreen Lake Michelle, you can expect tranquil views of mountains and water in this board-walked multigenerational estate on 90ha in rural Noordhoek. It borders Table Mountain National Park, is surrounded by wetlands, and has a lake for swimming and sailing.

ZEVENWACHT LIFESTYLE ESTATE, CAPE WINELANDS

“Evergreen offers residents the option of ageing in one place – we match lifestyle to life stage. We have

a flexible pricing option and can even look at liberating emergency capital from the agreement should the need arise. These are some of the unique qualities that Evergreen offers to ensure relaxed living in later life,” explains Prieska Taylor, marketing manager, Evergreen Lifestyle. Set in picturesque surroundings, Zevenwacht Lifestyle Estate provides everything a mature resident may want or need in a full title or sectional title model, so investors can benefit from property capital growth. Adjacent to the vineyards of historic Zevenwacht Estate (residents’ discounts on wine and spa treatments are a plus), it offers Winelands views and comfortable accommodation options ranging from lifestyle homes and independent living apartments to assisted living suites and frail care rooms. More than 100 apartments have been sold at Buh-Rein Retirement Village in the Northern Suburbs of Cape Town. “Many retirement schemes cater only to the upper market. Buh-Rein Retirement Village addresses this issue by offering well-priced sectional title ownership properties,” says Riaan Roos, CEO, Multi Spectrum Property (MSP). Both the independent living and assisted living apartments are priced from R919,900.

Within the larger estate of Clara Anna Fontein Lifestyle Estate in rural Durbanville, Oasis Life’s retirement option offers retirees one- to three-bedroom single-level homes with garages, gardens and braai areas. “Oasis Life’s key focus is on creating a lifestyle choice like no other,” says John Chapman, director, Rabie Property Group. “We realise that retirement is about embracing a new chapter in your life rather than necessarily slowing down.” Situated near the West Coast National Park, Langebaan is a popular attraction for sailing and kiting. Its birdlife is another draw card. The Village at the Langebaan Country Estate is only a few kilometres from the lagoon and offers great spaces and a fantastic community. “Its peaceful environment with roaming wildlife is perfect for those looking to sit back and relax, and for those who want a more active lifestyle, there is plenty to keep you busy, such as bowls, tennis, running paths and mountain bike trails, driving range and 18-hole golf course” says Craig Scott, Developer at The Village.

Garden Route The Plettenberg Manor in Keurboomstrand offers a clubhouse

Financial security, freedom and a stressfree lifestyle are very important to retirees. Make the best investment for your lifestyle, for the rest of your life. JOHN CHAPMAN, DIRECTOR, RABIE PROPERTY GROUP CLARA ANNA FONTEIN LIFESTYLE ESTATE, DURBANVILLE

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CELEBRATION RETIREMENT ESTATE, ROODEPOORT

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18 AUGUST 2019

Neighbourhood

PROPERTY NEWS

HERITAGE ESTATE, MODDERFONTEIN

THE PLETTENBERG MANOR, KEURBOOMSTRAND

for socialising and access to a private beach, hiking trails, a wetland, bird hides and bowling greens. Sectional title apartments with fibre connectivity start from R1,55m and luxury units from R2,695m. Amble Ridge in picturesque Knysna is an established and spacious village with views over the Knysna Lagoon. It’s a mere 1,5km from the Knysna Golf Club and within easy reach of Leisure Island and the Knysna Heads. Groenkloof has retirement villages in George, Great Brak River and Rheebok. Its developments boast a spectrum of retirement offerings including own-title houses, assisted living flats, frail care units, sub-acute care facilities, community centres, and a multitude of services for seniors.

Eastern Cape The Westbrook lifestyle development in Port Elizabeth puts a different spin on retirement with its “live, work, learn, play, shop, retire” hub on a 128ha piece of land. The secure estate features 3,500 residential homes across nine residential villages, including a community-oriented central space with commercial and retail elements. With plots and lifestyle homes built in a 2,500ha nature reserve stocked with non-predator game, Hopewell Conservation Estate in PE is an attractive option 20 minutes from town. Eventually 330 units will be available to retirees (the purchase model is not defined). “Our target market of early retirement buyers will be spending in the R800,000 to R1,5m sector,” says Hopewell GM Kevin Taylor. “Guys selling up in Joburg can’t always afford Franschhoek or the North Coast of KwaZulu-Natal.”

KZN From first-time buyers looking to put down roots to retired couples seeking an active, outdoor lifestyle, Kindlewood Estate is designed to meet multigenerational living requirements. The sectional title luxury development Lazuli Lifestyle & Retirement Estate

in Port Zimbali offers residents panoramic views of the ocean and an indigenous forest and Zimbali Country Club golf course on their doorstep. “The North Coast of KZN, and more specifically Port Zimbali, has been identified as a true gem on our coastline. It really does present a unique way of life, especially for those entering or in their retirement years,” says sales agent Kevin Fisher.

Often retirees have limited funds available to purchase a home in an estate or village, so purchasing a unit to rent out has become an attractive investment option KEVIN FISHER, SALES AGENT, LAZULI LIFESTYLE & RETIREMENT ESTATE

Shoreline Sibaya is billed as the “ultimate coastal retirement opportunity” for active over 50s. Located in the Sibaya Coastal Precinct commercial and residential node, it’s five minutes from 6,5km of beach and close to Umhlanga Village. Renishaw Hills is a mature lifestyle village on the rolling hills overlooking Scottburgh on the South Coast. It provides reasonably priced, upmarket homes set in indigenous gardens, with surrounding forests, grasslands and wetlands, and a beach nearby.

Inland According to Ashika Veerasamy, head: marketing and sales, Calgro M3, their La Vie Nouvelle Retirement and Wellness Village in Midrand was designed with four primary value propositions in mind: a safe environment; a world-class, modern medical care centre; an environment that creates high demand, therefore proving to be an excellent investment; and a lifestyle that creates an enhanced sense of freedom and quality.

LAZULI LIFESTYLE & RETIREMENT ESTATE, PORT ZIMBALI

Celebration Retirement Estate is situated in a prime location in the Northern Suburbs of Joburg, close to shopping centres, sport and medical facilities, and Lanseria Airport. Here residents have access to a restaurant, library, communal hall for social activities, hair and beauty salons, doctors’ consulting rooms, and a heated indoor swimming pool, as well as frail care facilities. Heritage Estate in Modderfontein, Gauteng, provides a superior community lifestyle for residents over 50. Common areas include a lounge, home theatre, a wellness hub, a library and a business centre. This sectional title estate offers 126 stylish, secure lock-up-and-go units.

WESTBROOK, PORT ELIZABETH

PROPERTY NEWS

18 AUGUST 2019

Neighbourhood

Tile talk Today’s world of tiles is limitless, and South Africans are playing with international trends and even adapting them creatively to the local lifestyle WORDS: ANNE SCHAUFFER IMAGES: SUPPLIED

tep into a tile warehouse, and the vast selection is literally mind-blowing – the multitude of shapes, sizes, colours and applications is overwhelming. Globally, tiles are no longer simply a tile. They’re not only visually mimicking other materials such as wood, but now, there’s textured tiles too, to satisfy our tactile senses. More and more tiles are popping up with three-dimensional or etched surfaces, so they’re textured and touchable. Nicole Russell, marketing manager, Italtile, says with social media, print and online, consumers are far more savvy than before. “They’re eager to keep up to date with international trends, and implement them.” Fact is, there isn’t a single immutable trend and some have been around for many seasons. Take those who still love the timeless black, white and grey, they’re there on the shelves, but in many more shapes, sizes and patterns. Their application, too, can be entirely different from yesteryear – intricately patterned, even vintage, black and white patchwork tiles run into a block of solid grey tiles, or on the floor, patterned tiles meet an irregular block of concrete, emulating a weathered old floor.

Size matters

Russell says, “We’re going BIG. Gone are the days of 300x300, even 600x600 tiles are fading away. The bigger the better – 900x900, 1200x1200 and slabs as big as 1200x2400. Bringing large slabs into the home is a growing request, tiling fireplaces or kitchen islands, allowing a seamless look to mirror the wall or floor tiling, initiating the perception of a bigger area – with the added benefits of the longer lifespan of a low-maintenance tile.” That doesn’t mean little subway-style tiles have disappeared from our pools, bathrooms, kitchens, and so on – on the contrary, they’re there, only slightly

elongated. For tiny bathrooms or loos – as our living spaces become more compact – lay them on their side rather than horizontally, and you’ve instantly lifted the ceiling visually.

Shapes and colours

Geometrics are still a great favourite. Des Armstrong of Hadeda says the hexagonal look on floors is very big, and increasingly, the weathered, washed and aged look. Armstrong’s decorative encaustic cement tiles – also known as Moroccan, Victorian, Spanish, patchwork or hydraulic tiles – are an ode to colour, and when the going gets tough, many want to lift their world with colour. She says there’s a strong pull towards the handmade, artisanal type tile, and even if it hasn’t actually been handmade, the machine-made ones are working hard at emulating that aged or weathered look. Mosaics, too, are still on trend, but with the oodles of patterns, motifs and colours, those tiny tiles can become a work of art. Available as small squares, herringbone, hexagons and chevron, you can transform a non-descript space into something extraordinary. Russell suggests that, “Matt black is the growing colour trend in bathrooms and kitchens, and increasingly, a rose gold and brushed bronze. These colour trends aren’t going anywhere anytime soon.” She says Italtiles’ top colours are beige, greens, charcoals, and earthy focus colours. Many tiles now replicate wood, and you’ll find oversized fauxoak planks or white faux-oak planks.

Outside

“With recent technology, the slipresistant option is growing in varied ranges of tiles,” says Russell. “From wood to stone to screed – from the patios to tiling around the pool, it’s teamed up with a matching indoor tile for a cohesive look throughout your entertainment area.”

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PROPERTY NEWS

18 AUGUST 2019

Neighbourhood

Good value at Western Seaboard estate P ioneer Valley will provide first-time home buyers with an opportunity to purchase in a developing part of Cape Town’s Western Seaboard. Imvula Estates recently launched an affordable housing development within the Rivergate precinct adjacent to Parklands, Tableview, Sunningdale and Blouberg. A two-bedroom home here starts at R559,900, including transfer costs. The developer aims to address the shortage of affordable residential property close to work, schools, transport nodes and shopping centres. The development is situated next to Curro Academy Sandown, within walking distance from a MyCiTi bus stop, and close to West Coast Village Mall. “A plus is that it backs onto the Table Bay Nature Reserve

and offers splendid views of Table Mountain,” says Imvula Estates director Wynand Ferreira.

“Pioneer Valley has been designed to help qualifying first-time buyers onto the property ladder with the assistance of the FLISP Financed Linked Individual home loan subsidy provided by government,” says Imvula Estates co-director Werner Jurgens. The FLISP subsidy is paid to a buyer’s bank or financial institution on approval of a home loan and can reduce monthly loan instalments. The first phase of 208 units will include four types of single- and double-storey two-bedroom homes. Boundary walls and security gates will be standard features, and centrally located communal landscaped parks and a local community facility will be built.

Blare about Blairgowrie B

lairgowrie, an established residential suburb situated in the centre of the holy trinity of Sandton, Rosebank and Randburg, is conveniently situated with quick access onto the N1 and M1. For those prepared to renovate, entry-level properties are priced at approximately R1,5m and already renovated homes are selling at the R2,5m mark.

Many of the homes in Blairgowrie also have cottages, which offer an additional

revenue stream in an area where there is strong demand for accommodation. “There’s great potential for growth in Blairgowrie, similar to Parkhurst several years ago,” says Michael Labuschagne, Jawitz Properties Johannesburg North. “The rejuvenation of the suburb can be seen in the number of younger buyers purchasing in the area. And once they’ve settled, residents tend to put down roots.”

30th edition of property and construction cost guide launched Co-working spaces remain popular I ntegrated infrastructure delivery company AECOM has launched its Africa Property & Construction Cost Guide 2019/20 in conjunction with its strategic partner, the Bureau of Economic Research (BER) at the University of Stellenbosch.

needed jobs for an increasingly younger population. A developing industrial sector on the continent also requires more infrastructure investment, particularly in power, water, and transportation services, which are already over-stretched.

The Cost Guide forms part of AECOM’s commitment to improving project delivery by conducting unique research into the broader industry. “Our goal is to unlock the transformational change and innovation required to move the industry forward,” director – PCC, Africa Dean Narainsamy comments. “In each of the 30 editions, we’ve shared our knowledge of Africa’s economy and construction sector, contributing to the wider discussion on how to unlock investment opportunities across Africa.”

Increased oil prices and the stabilisation of commodity prices have strengthened the forecast for GDP growth on the continent, with predictions of collective growth of 3% to 4% for 2019/20, and individual countries increasing by as much as 7% to 8%.

The Cost Guide notes that there’s an ever-growing need to finance infrastructure on the continent. A number of countries are now prioritising this, following a realisation of the importance of industrialisation to not only maintain growth in their economies, but also to diversify by exporting goods and services. This will generate much-

Although some growth is evident in the construction sector in North Africa, this has been restricted to a few countries that have stabilised following the Arab spring. In subSaharan Africa, there’s steady growth in the infrastructure and construction sectors, as well as in East and West Africa. The Cost Guide concludes that Africa continues to grow, with a steady increase of larger infrastructure and construction projects coming to market that will provide the opportunities for investment and service providers for 2019 and beyond.

s South Africa’s small entrepreneurial and new digital and creative class grows, there’s a growing need to rethink the idea of the traditional office, says Craig Francis, Mike Moran and Frances Gray-Mnukwana, Seeff False Bay’s commercial brokerage team. Today’s professionals, creatives and start-ups no longer need to rent expensive business premises and incur the cost of setting up an office with meeting rooms. Co-working spaces offer the benefit of cost-efficiency and is one of the fastest-growing property trends to meet the needs of a growing entrepreneurial, creative and digital business class in the country. These spaces generally offer a complete one-stop solution with fully furnished workspaces, meeting facilities, high-speed internet, sometimes with secretarial facilities, coffee utilities and more. You can literally just arrive with your laptop, plug-in and start operating, or just arrive for a business meeting.

Even corporate companies are increasingly utilising these spaces to enjoy collaboration with other companies and entrepreneurs in addition to leveraging savings on operating costs. It offers an ideal solution for large organisations who may be unable to recruit suitable workforces to their headquarters due to its location in relation to where individuals live.

Some of the reasons for this include good schools, access to a variety of shopping facilities, an active Blairgowrie Community Association that regularly attends to trail maintenance and improvement of the playgrounds and security within the greenbelt, and Delta Park, which offers a beautiful lifestyle feature with a host of outdoor activities. The community tennis courts and parks dotted throughout the suburb, as well as the municipal swimming pool, are well-loved attractions.

Blairgowrie homes are generally situated on 700m2 to 1,200m2 plots, and homes tend to be in the vicinity of 200m2 to 280m² as a single storey and between 300m2 to 350m² if there are upstairs additions. Despite the fact that Blairgowrie abuts the prestigious suburbs of Craighall Park, Parkmore and Parkhurst, and the up-and-coming Linden, it offers a great deal of value at a much lower price. “You’ll find the same greenery, space and privacy of these surrounding neighbourhoods,” concludes Labuschagne.

The commute to the office in the major cities is increasingly seen as time wastage, costly and counterproductive, says the Seeff team. Enabled by technology, these corporates can now set up remote teams in distant co-working spaces, often with the added benefit of more flexible leases.

Neighbourhood

stneighbourhood.co.za | 18 AUGUST 2019

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