PROPERTY
360
PROPERTY OWNERS W E AT H E R THE ECONOMIC STORM PA G E 3
1 9
F E B R U A R Y
2 0 2 1
1
2
1 9
F E B R U A R Y
2 0 2 1
Taking the plunge
Agents have tips for potential buyers to help them avoid making mistakes when it comes to buying a home for the first time BONNY FOURIE bronwyn.fourie@inl.co.za
Rather view too many properties than too few – but do not look at more than five to start with.
BEGINNING the search for a home for the first time is a thrilling experience but it can become overwhelming, especially as you do not want to make a mistake with such an important investment. Knowing which properties to view, as well as how many to view, is key to helping you narrow down your choices. But once you have selected your favourites, how do you know which property to offer on? Russell Pearson, chief executive of Re/Max Address, and Carlo Mariani, founder of The Property Coach, share their insights to help you make the right choice when buying your first home: Where to start Before doing anything else, Mariani advises buyers to know their credit score. Is it above 620? What can you do to improve it quickly? What is your range of affordability? “Get pre-qualified and start the purchasing process like a pro. Sellers and agents will also be more willing to work with you.” Buyers need to be seriously ready to buy, Pearson says. “The bottom line is that a top agent will get down to the needs and wants of any buyer within their specific budget. However, if the buyer is not motivated to buy right now, not even the most dedicated or experienced agent can assist, and this would be the time to part ways until such time as
the potential buyer is ready and able to buy.” Deciding on which properties to view Once this groundwork is done, the first step in the house hunting process is to establish a buyer’s needs and then correctly qualify them financially, he notes. “This is key and it then becomes straightforward to narrow down choices to view.” Mariani adds that buyers should look at properties that are 10% more and 10% less expensive than their target purchase price in order to get a better idea of how much difference there is between properties. Is it possible to view too many or too few properties? The answer to both is yes, Pearson says. “We get buyers who are undecided and just want to keep viewing, and then others, who can make up their minds very quickly. An experienced and quality agent can normally get things narrowed down quite quickly by asking qualifying questions.” The general rule, says Mariani, is to see more properties than fewer, especially at the start of the buying process. He also advises buyers to “start window shopping as early as possible – at least three, but preferably six, months before you actually want to buy”. Choosing the right home from your finalists Pearson says a qualified agent will be
able to advise buyers of the benefits and/or disadvantages when comparing homes. “So, a professional agent with a great track record of sales in the area will be able to present buyers with comparative market values, not only on current homes for sale, but historical ones too. Making the offer A buyer should never pay more than market value, even if they love the place, Mariani says. This is because banks are unlikely to finance a property bought above market value. Once they have decided to make the offer, they need to be serious about it. “And make it in writing. Keep its validity for no longer than 24 hours. Agents are always in contact with their sellers,” he says. Dealing with a rejected offer If a buyer puts in an offer for their dream home and it is rejected or the sale falls through, they should “keep with it and not give up hope”, Pearson says. “A good agent will keep in touch and find you the home of your dreams. Top agents also list properties in their area and have built up a great referral system with their sellers.” Mariani points out that offers are rejected all the time. “Breathe and do not counter-offer for at least three days but preferably wait for seven days. Give the seller some time to reconsider, or fear that the deal is gone for them too, and
then see them becoming a lot more willing to negotiate.” Should I put in an offer for my second choice or another of my options? No, Mariani says. “Don’t compromise on what is often the most important investment of your life. Another property, in the right area, at the right price will be there for you, if you are prepared to be thorough and patient.” However, if a buyer needs to buy urgently Pearson says they could consider putting in an offer on one of the other properties they like. Alternatively, they could wait for more properties to come on to the market. Good buying advice Mariani strongly recommends that buyers get a professional to inspect the property they are purchasing, especially is it is a free-standing home. “The last thing you want is unplanned maintenance soon after you purchased the property, especially at a time you might be a bit financially stretched after paying all the transfer and bond registration costs.” If a buyer is ready to buy, they should remember that homeownership comes with a number of additional costs compared to being a tenant. They need to budget for costs like sectional title levies, municipal rates, property insurance and maintenance. “The temptation to over-spend is often big but rather start small and dream big.”
1 9
F E B R U A R Y
2 0 2 1
One is enough for homeowners
Letter from the editor
Despite low prices and interest rates, in the current financial climate people are not jumping to purchase second homes BONNY FOURIE bronwyn.fourie@inl.co.za
FEBRUARY went from having one day to celebrate love to being the month of love. I’d like to congratulate estate
Holiday homes and buy-to-let properties are still being offloaded.
agencies who are going all out to support worthy causes this month (and beyond) and who bring their clients on board in spreading some love and kindness. This week, I spent some time at Lew Geffen Sotheby’s International Realty Atlantic Seaboard and City Bowl in Cape Town and was impressed by their Love Your Neighbourhood campaign, aimed at helping to market and uplift struggling retail establishments in their area. Other estate agencies are also supporting worthy causes – from feeding programmes to supporting school children by providing data, textbooks and even apparel they may need. When hard lockdown hit us last year we, as ordinary citizens, immediately saw the economic hardships it would bring. So thank you to everyone who jumped into action, who fed the starving and provided aid to those who needed it. And thanks to those who continue to do so, even in small ways that go a long way, such as tipping generously or supporting the mom and pop stores or home industries. Our homes are part of communities and neighbourhoods and wouldn’t you like to live in a hood that cares? While I hope you find a love match in a new home if you’re looking to buy, I hope too that seeing the love and care in neighbourhoods becomes one of the reasons you will choose to live in that area. Happy month of love, Much love,
Vivian Warby vivian.warby@inl.co.za
L
OW INTEREST rates are not persuading homeowners to snap up second properties, no matter how tempting the prospect. First-time buyers may be taking advantage of the market conditions but those who already own property are weathering the tough economic climate in their primary residences. Even before the Covid pandemic many people with holiday homes had put them on the market and investors had started decreasing their portfolios as affordability became a key concern. This trend is continuing. Not even the optimal buyers’ market is seeing them go back on their actions. Overall, second-home buying activity has remained relatively unchanged over the past few months, confirms FNB senior economist Siphamandla Mkhwanazi, noting there has been increased second-home buying activity only in the more affordable segments. This is mainly driven by middle and high-income earners who still have their jobs and are taking advantage of low borrowing costs and wellpriced properties. For property owners in the buy-to-let market generally, there has been a lot of uncertainty, and this has probably deterred potential investors from entering the market. Travel restrictions and the psychological impact of the pandemic have also impacted negatively on lucrative markets such as Airbnb. “As a result, vacancy rates are on the rise, and we may see some landlords disposing of properties in their portfolio to alleviate financial pressure. That said, however, the very low interest rates assisted a great deal and a speedy vaccine roll-out domestically and globally could provide further support,” Mkhwanazi says. In rare cases where homeowners are using favourable buying conditions to get their hands on additional properties, says Hayden Giger,
growth head at FNB Private Bank Lending, properties are purchased for letting, holidays, or both. Coastal properties are always the favourite for people looking for holiday homes or Airbnb properties. Echoing this, Debbie Bennett of Prime Estates in KwaZulu-Natal’s Upper Highway area, says while there might be a few “vultures” or bargain hunters waiting for distressed sales by owners unable to keep their homes due to Covid-affected finances, second-home buying is generally “not buoyant”. People who are buying second homes are planning to let them. Vernon Vogt, principal of Jawitz Properties North Coast, also in KZN, says, however, low interest rates, 100% bonds, stagnant property prices and an oversupply of properties in the province are seeing Gauteng homeowners taking advantage of remote working opportunities and purchasing second houses in KZN and the Western Cape. “Gauteng, as a province, has the most people who own two or more properties. A recent Lightstone study showed of the owners with two properties in different provinces – whose first property was in Gauteng – 31% purchased their second property in the Western Cape and 26% opted for KwaZulu-Natal.” He acknowledges though, while some are buying second properties in the province, many who have been affected by the economic downturn due to the pandemic are being forced to sell their second homes. Sometimes they even need to sell their primary homes. East London has not seen an increase in the purchase of second homes, even with the invitingly low interest rates, says Cheryl Petzer, principal at Jawitz Properties East London. Although there has been the “odd investment buyer”, most new purchases are by first-time buyers looking for their primary residence. “The drop in interest rates has afforded the buyer an opportunity to purchase a home in
a slightly higher price bracket than pre-Covid times but this has been seen mainly when it applies to primary residences, not secondary.” In Cape Town’s Noordhoek area, more people have been selling – or trying to sell – secondary homes than buying them, says Mary-Anne Coates, a property consultant at Jawitz Properties in the area. This was the case even before Covid. “There was no demand from buyers for second homes throughout 2020... Second homes are very low on the list of reasons why buyers want to purchase in the area.” Homeowners also seem to be steering away from the rental benefits that come with second homes, Petzer says. There is a little more hesitancy, buyer sensitivity and caution about the market and what lies ahead, “despite good buying conditions and low interest rates”. “The financial impact of Covid-19 is still showing its hand and no one knows how much of an impact it is going to have on our economy. For an owner of a second home, who gets a rental income, that investment is only as safe as the payment that comes in. If an investor feels that the risk outweighs the gain, they are selling and recouping their money.” In Noordhoek, many second-home owners were trying to sell as far back as 2018 and 2019 as a result of the economic climate, the weakening rand and other issues such as water restrictions and load shedding, Coates says. “Many homes went on to the market in anticipation of a potential market crash. At present, there is still a small number of second homes on the market but not as many as in previous years.” While the widespread offload of secondary properties across the country has slowed, Giger says the latest lockdown could push some individuals into a distressed situation which could lead to an increase in the number of properties for sale.
DISCLAIMER: The publisher and editor of this magazine give no warranties, guarantees or assurances and make no representations regarding any goods or services advertised within this edition. Copyright ANA Publishing. All rights reserved. No portion of this publication may be reproduced in any form without prior written consent from ANA Publishing. The publishers are not responsible for any unsolicited material. Publisher Vasantha Angamuthu vasantha@africannewsagency Executive Editor Property Vivian Warby vivian.warby@inl.co.za Features Writer Property Bonny Fourie bronwyn.fourie@inl.co.za Design Kim Stone kim.stone@inl.co.za
3
4
1 9
F E B R U A R Y
2 0 2 1
Body corporates have to follow legislation when setting annual levies.
WHEN THE LEVY INCREASE IS JUST TOO HIGH
Body corporates do not need to increase levies each year, providing a complex’s reserve funds are healthy. Agents unpack this and other property problems BY BONNY FOURIE bronwyn.fourie@inl.co.za Q: WE LIVE in a complex and our body corporate has proposed a levy increase which many of us feel is too high. What can we do? A: Unhappy sectional title residents can raise their objections to what they consider unreasonable escalations at the body corporate’s next annual general meeting. The best way to negotiate a lower increase is to review the financial statements to make sure that the proposed escalation aligns with the parameters laid out in the Sectional Titles Schemes Management Act no 8 of 2011. According to the act, the body corporate is not obliged to increase levies if the body corporate’s reserve fund at the end of the financial year is equal to or more than the levy income generated during that year. If, however, the reserve fund is less than 25% of the levy income generated during that year, the body corporate must make provisions so that it can provide a reserve amount equal to 15% of the levy income for the new financial year. In other words, levies can be increased by 15% in order to supplement the reserve fund if it is below 25% of the total levy income. When the reserve is between 25% and 99% of the levy income in that year, the body corporate should only increase levies by enough to cover the required repairs and maintenance to the common property that has been budgeted for within
that financial year. Another tactic homeowners might try is to find out what similar complexes in neighbouring suburbs are charging on their levies. If the proposed levy escalation will make the levies in your complex higher than the levies charged by comparable complexes, you can argue that it is in the greater interest of marketability and overall property values within your estate to keep levies as competitive as possible. – Adrian Goslett, chief executive of Re/Max of Southern Africa Q: How is it that South Africa’s housing market has managed to thrive during the pandemic when many other countries have seen house prices rocket? A: Activity is propelled by lower interest rates, attractive market pricing, lower transfer duties and the changing housing needs due to the pandemic. The improved affordability made buying property more attractive than renting. In part, this explains rising vacancy rates and subdued rental escalations, as landlords struggle to hold on to quality tenants. Another explanation is that job losses were more prevalent in low-paying occupations, and for those employed on a non-permanent basis, who would generally not afford to buy property. Thus, the impact of the pandemic is more visible on the rental market than on the home-
buying market. – Siphamandla Mkhwanazi, FNB senior economist Q: I have just listed my home for sale but I am concerned about having people trail through my home while we are in this second wave of the pandemic. I do not want to wait until the pandemic is over before I sell but also do not want to possibly bring the virus into my home. How can I minimise the risk of doing this? A: Industry protocols for home viewings were published by the Estate Agency Affairs Board in June and include: Physical property viewings should be arranged only after a buyer or tenant has expressed definite interest in the property. Viewings should be kept brief. Everyone involved must be advised of the safety protocols ahead of the viewing and must agree in writing to stick to them. Prospective buyers or tenants may not travel to the property in the agent’s vehicle – they must meet on site. Only two people may view the property at a time and current occupants need to be out while the viewers are there. Everyone on site must wear a mask at all times. If there is more than one viewing scheduled on the same day, the agent must ensure the property is ventilated and all surfaces are sanitised in between viewings. Visitors to the property who refuse to have their temperature checked or sanitise
their hands must be refused entry. Visitors must confirm in writing they have not, to their knowledge, been in contact with anyone who has Covid-19 for at least 14 days before the viewing and do not have any symptoms of the virus. Viewings may not be conducted if any resident of the property has contracted Covid-19 within the past 14 days or been in contact with anyone who has tested positive for the virus. Agents must, as far as possible, ensure that no surfaces, handles or objects are touched during the viewing and must immediately afterwards sanitise any that are. – Berry Everitt, chief executive of the Chas Everitt International property group Q: I wasn’t planning to buy my first property this year, as I am trying to strengthen my finances, but I don’t want to lose out on the favourable buying conditions. What should I do? A: Lenders’ sentiment remains bullish, with up to 105% bonds on offer to qualified buyers. However they must beware of pushing the boundaries of affordability. Our economy is still under extreme pressure and job security is low. It may be smarter for buyers to use this time to buy low and pay off their debt faster than to push their limits for a higher-priced property and risk losing it all if their situation changes. – Tony Clarke, managing director of the Rawson Property Group
1 9
F E B R U A R Y
2 0 2 1
5
Chapel Towers sets the benchmark for inner-city living.
OWN A SLICE OF LIFE IN THE HEART OF CAPE TOWN
T
HE FINAL 10% of units in Chapel Towers, the upmarket urban development by renowned Asrin Property Developers, has been released for the aspirant property investor. The development saw completion last year with owners taking occupation in November. Located in Zonnebloem in the heart of the Mother City, the development’s initial launch saw 90% of the units sold, with the remaining 10% held back for a final release. Initial investors enjoyed impressive returns because of the demand for short-term rental properties, say the developers. The development is now receiving a new flurry of interest. This is partly because of the low interest rates currently offered by the banks with prospective buyers easily able to secure their dream home in the city. Prices start at R1.65 million for these units which are ideal for up-and-coming executives and young families wanting to live in the centre of a vibrant urban metropolis. As one of the world’s top tourist destinations, Cape Town – perched between the mountain and the ocean – is world-renowned for its natural splendour and cool, urban energy and attracts offshore buyers wanting to invest in property of their own. Developers say now is the perfect time for locals to secure their share before it becomes unattainable. Owning in Chapel Towers means you will have all this on your doorstep: pristine beaches, Table Mountain’s many hiking trails, as well as the flourishing restaurant and arts scene, which makes the city a world-class culinary and cultural destination. PERFECT DESIGN Chapel Towers sets the benchmark for inner-city living. Inspired by the interplay of light and shadow, the design of each apartment’s interior was steered by the principle of minimalism. From the outset, the intention was to create an urban retreat of sorts, a place where residents can escape from today’s demanding lifestyle to recharge and reconnect with loved ones. Each apartment has the highest quality fittings and fixtures, which include engineered stone countertops, Smeg appliances, porcelain floor tiles and Hansgrohe bathroom fittings.
ABOVE: The new Chapel Towers development offers buyers a chance to live in their dream home in the city. BELOW: The rooftop entertainment area offers panoramic views of the city, against the backdrop of the mountain.
OTHER FEATURES Care has been taken to minimise the development’s carbon footprint by incorporating green features, such as heat pumps, resulting in reduced utility bills for residents. • All units are wi-fi and DStv-enabled and the top-floor apartments are air conditioned. • Entrance to Chapel Towers is access controlled with a ground-floor reception area, ensuring peace of mind for those who live there. • Other facilities include underground parking, a gym and a laundry. • The development features a rooftop lifestyle deck – complete with swimming pool and outdoor entertainment area – the perfect spot to take in the city’s unmatched panoramic views, all set against the backdrop of majestic Table Mountain.
F o r m o r e i n f o r m a t i o n a b o u t C h a p e l To w e r s , p l e a s e c o n t a c t R e h a n a M o o s a a t 0 8 4 0 5 5 4 4 3 1 o r m a r k e t i n g @ a s r i n . c o . z a
6
1 9
F E B R U A R Y
2 0 2 1
HOME LOANS
Now is the time to find out how much you qualify for as the repo rate is at a record low. Celestine is always available to take your call and guide you through the process from application through to registration. She will pre-qualify you for a home loan before you start house hunting. A pre-approval is very useful when house hunting as it helps the agent narrow down which properties to show you and not waste unnecessary time. Complete one application and she will apply to all 4 major banks and negotiate the best interest rate on your behalf. Call her for quick and efficient service Please feel free to contact Celestine at any time on 084 559 1786 | celestine@property360.co.za
www.property360.co.za
1 9
F E B R U A R Y
2 0 2 1
What’s new in the
PICTURE: JOSHUA EARLE
Western Cape TO ADVERTISE HERE
Margi Marsland 084 591 9122
margi.marsland@inl.co.za
Shevon Philander 078 422 4925
shevon.philander@inl.co.za
advertising@property360.co.za
w w w. p ro p e r t y 3 6 0 . c o . z a
7
8
1 9
F E B R U A R Y
2 0 2 1
Happily eVeR aFteR: how to safely buy a property with a partner February is the month of love, and there’s nothing that says love and commitment, quite like buying your very first property together! Co-owning a home – or even an investment property – can be a great way to build a future together. Just like any other big commitment, however, it’s not something that should ever be rushed. Here are a few of the details you’ll need to hammer out to protect your happily ever after!
Leonard Kondowe, National Admin Hub Manager for Rawson Finance. “It’s always best to have a clear procedure for recovering these costs fairly, and handling any situation in which the other bondholders cannot cover the extra expense.”
Who pays for what There are several costs involved in buying a property beyond your basic bond repayments. These include one-off costs like your deposit, transfer and legal fees, and ongoing expenses like insurance, maintenance, rates and levies.
In this event, Kondowe always recommends bringing the lender into the loop before resorting to desperate measures.
“It’s obviously very important to know how much you can each contribute to bond repayments,” says David Jacobs, Gauteng Regional Sales Manager for the Rawson Property Group. “But, you’ll also need to assign responsibility for the rest of the costs associated with your purchase and property ownership.”
“Banks are very understanding and willing to compromise to help bondholders through tough times,” he says. Bond insurance can also be a great way to protect against unforeseen financial challenges, covering bond repayments for the policyholder in the event of death, disability, loss of income or dread disease.
Who owns what Most co-owners match their ownership proportion to the proportion of costs that they cover. For example, if one partner commits to paying 70% of the expenses, that partner will usually receive a 70% share in the ownership.
How to handle a sale Ideally, you and your partner will agree when it’s time to sell, but what happens when that’s not the case?
“Just remember, the default division of ownership on a shared property purchase is 50/50,” says Jacobs. “If you want something different, this needs to be specified in all the applicable documentation.”
“Maybe one partner will be given the option to buy the other one out, or maybe you’ll agree to force a sale if either of you wants or needs it,” says Jacobs. “Either way, you’ll save a lot of angst and argument by agreeing on how to handle this before the situation ever arises.”
Who lives where If you’re buying a property with a romantic partner, chances are you’re planning on living there together. However, if you’re purchasing an investment property to rent out or a home for just one of you, that needs to be clearly spelt out in your co-purchase agreement.
Don’t forget, you’ll also need to agree on the division of costs (compliance certificates, lastminute repairs, estate agent’s commission) as well as any profits from the sale.
“If only one of you will be living there, will that person pay rent for the privilege?” says Jacobs. “Will this affect the division of costs like rates, levies and maintenance? If you’re planning to rent the property to a third party, you’ll also need to consider the responsibilities of managing tenants and how you will split the rental income and/or costs.” How to deal with financial hiccups Life is full of surprises, and not all of them are pleasant. That makes it important to know what to do when life throws you a financial curve-ball. “If one party in a shared bond finds themselves unable to cover their portion of repayments, the other bondholder or bondholders will be held liable for the shortfall by their lender,” says
How to end things if necessary Sales aren’t the only reason a co-ownership might reach its conclusion. Breakups and even death can put an end to shared property investment. “It’s crucial for co-owners to each have a last will and testament specifying what happens to their portion of the property investment in the event of their death,” says Jacobs. “It’s often simplest for a shared property to be sold when a partnership is dissolved for any reason, but there are other options available. It’s a good idea to chat with legal counsel before locking yourselves into a decision.” For more information, email marketing@rawsonproperties.com. Visit our website www. rawson.co.za to book a complimentary home valuation and comparative market analysis with a Rawson agent near you.
Real estate,
the way better way We know that when agents can spend more time building real relationships, everybody wins. That’s why our ecosystem of products and tools allows for the seamless integration of everything an agent needs to take care of the rest.
Want in? We're growing our team email join-us@rawsonproperties.com
1 9
F E B R U A R Y
2 0 2 1
9
Your Neighbourhood Experts
PRICED FROM
R1,130,000
(NO TRANSFER DUTY PAYABLE)
laNgebaaN
ONly R20 000 DepOSit 100% bOND aVailable
liViNg la DOlce “NiVica” A selection of 80 one, two and three bedroom luxury apartments with stunning views of the Lagoon. Excellent investment. Completion only early 2022.
On show daily at luguna mall
NeW DeVelOpmeNt
www.portlandbeleggings.co.za
18 UNitS SOlD
tRaNSFeR maRcH 2022
R32 milliON iN ValUe
PRICED FROM
R1,295,000
(NO TRANSFER DUTY PAYABLE)
blouberG
Mike: 082 555 5390 | leon: 071 564 5931 office: 021 557 5514
5 miNUte Walk tO tHe beacHFRONt A selection of 17 spacious 1 & 2 bedroomed apartments with balconies. A beach lifestyle with spectacular sunsets and access to Blouberg's world famous kite surfing beach. www.speranta.co.za
ON SHOW tHiS SUNDay 21 FebRUaRy 2021, 2pm - 5pm 8 UNitS SOlD
ASANTE
ReaDy FOR OccUpatiON
BLOUBERGRANT BEACHFRONT
a choice of 12 two & three bedroom luxury apartments, and a spacious 4 bedroom penthouse. all apartments include a secure double garage.
PRICED FROM
R3,395,000
(NO TRANSFER DUTY PAYABLE)
Mike: 082 555 5390 | tracy: 083 303 1066 Gary: 083 258 2845 | office: 021 557 5514
beacHFRONt DeVelOpmeNt Two Bedroom Apartments From R3,395,000 VAT Incl.
*GROUND FLOOR UNIT, FULLY FURNISHED
Three bedroom apartments SOlD OUt 4 Bed Penthouse
*PARTIALLY FURNISHED
R7,995,000 VAT Incl.
ON SHOW tHiS SUNDay 21 FebRUaRy 2021, 2pm - 5pm ReaDy FOR OccUpatiON ONly 4 leFt
Mike: 082 555 5390 | Melinda: 078 342 6678 terri: 083 270 6900 | office: 021 557 5514
www.rawson.co.za
10
1 9
F E B R U A R Y
2 0 2 1
Your Neighbourhood Experts
sole ManDate
west beaCh - r1,199,000
web ref: 1079989
perfeCtly positioneD GeM in beau Vallon VillaGe. This two-bedroom ground floor flat is close to amenities, schools and the main routes. This home offers a holiday-feel and is conveniently close to the communal pool and braai area, making it easy for parents to keep a watchful eye from the unit. Jaques MulDer: 084 250 1665 MiChele peCorelli: 084 250 1693
2
sole ManDate
parklanDs - r2,899,000
best aDDress in parklanDs, JuDGe for yourself. The ground floor unit has two bedrooms with a full bathroom, shower and bath. Upstairs features another two bedrooms, the main bedroom has an en-suite with shower and jacuzzi bath with an interleading room that could be for baby, plus a study. terri o Meara: 083 270 6900 offiCe: 021 557 5514
1
web ref: 1080872
4
sole ManDate
blouberGstranD - r3,700,000
web ref: 1077136
liVinG the DreaM at nautilus blouberGstranD. Come and see this lovely three-bedroom home situated in Bloubergstrand. There are views of the sea and Robben Island. The main bedroom has an en-suite bathroom and a dressing room, overlooking the garden. The double garage has direct access to the home. MelinDa GlanVill: 078 342 6678 offiCe: 021 557 5514
3
3
2
web ref: 1085464
sunny, stylish anD sophistiCateD! This home offers an open-plan kitchen, lounge, dining hall and braai room. There are four double bedrooms, with BIC and ensuite bathrooms. The master bedroom has an open ceiling and a dressing room. Additional features include a double garage with direct access to the home and full security. aDele werth: 082 555 8365 Debra peters: 083 269 6776
4
5
2
2
sole ManDate
blouberGstranD - r6,750,000
web ref: 1061918
eXeCutiVe’s DeliGht...seasiDe Villa...loCation, loCation, loCation. honey...stop the Car! Perfect for the executive family relocating to Cape Town’s Bloubergstrand area or for someone who has always dreamed of something really special to settle down by the sea. This is a rare opportunity. Don't miss out! leon oliVier: 071 564 5931 offiCe: 021 557 5514
4
sole ManDate
sunset beaCh - r5,995,000
2
3
2
sole ManDate
west beaCh - r1,050,000
web ref: 1079483
2-beDrooM apartMent for sale in west beaCh. This immaculate two-bedroom ground floor apartment is located in a well maintained and popular security complex. The complex offers a communal pool, clubhouse and braai areas. Priced to sell, so make your offer TODAY! JaCques keMp: 081 302 5702 offiCe: 021 557 5514
2
1
sole ManDate
parklanDs - r1,210,000
web ref: 1089111
Centrally loCateD starter hoMe or inVestMent property. Presenting a two-bedroom duplex located close to amenities and the bus route. This home is situated in a secure complex and offers open plan living areas, two bedrooms, two bathrooms, an enclosed garden, a single garage and a parking bay. Jaques MulDer: 084 250 1665 MiChele peCorelli: 084 250 1693
2
2
1
blouberG sanDs - r3,950,000
web ref: 1078893
faMily hoMe & entertainer’s DreaM all in one. newly renoVateD! Come and view this beautiful home and fall in love! The perfect family home, also perfect for the entertainer at heart. Lovely swimming pool and covered braai area, modern finishes throughout. Come home today! Call now to view. Gary wellMan: 083 258 2845 traCy bailey: 083 303 1066
4
2
www.rawson.co.za
2
1 9
F E B R U A R Y
2 0 2 1
11
12
1 9
F E B R U A R Y
2 0 2 1
ESTATE AGENTS A special offer to
Estate Agents during this Lockdown period FOR
ONLY R495PM Excl Vat.
THIS PACKAGE INCLUDES THE FOLLOWING: • Unlimited listings for sale and to let • Unlimited uploads of virtual tours with a Youtube URL • Unlimited access to our showhouse facility • Pay as you go month-to-month advertising • No charge for leads • Branding - your agency logo on each listing to promote your brand • 2 Featured listings each month • Access to the system backend to track your leads
Contact LEIGH to get your listings visible 074 991 3373 or leigh@property360.co.za www.property360.co.za
1 9
F E B R U A R Y
What’s new in KwaZulu-Natal
PICTURE: ANDREW HARVARD
TO ADVERTISE HERE Anne Reddy
0 8 2 8 2 8 0 0 1 0
Larissa Marks 0 7 6 2 3 1 1 0 8 9 advertising@property360.co.za
anne.reddy@inl.co.za larissa.marks@inl.co.za w w w. p ro p e r t y 3 6 0 . c o . z a
2 0 2 1
13
14
1 9
F E B R U A R Y
2 0 2 1
SOLE MANDATE
KLOOF R2 795 000 3 BEDS | 2 BATHS (MES) | SEPARATE 1 BED COTTAGE | POOL
PEACE, TRANQUILLITY AND CHARM We are delighted to present this lovely, older style family home sitting in the most beautiful garden in good location of Kloof. Currently owned by a Landscape designer who has lived there for the past 33 years… and it shows in the garden. Nothing modern to bombard your senses just an aura of tranquillity. So, if you are into modern, open plan living then this home is not for you. However, if you are looking for charm, peace and tranquillity then don’t delay and give me a call today. Call PIXIE 073 353 0881 • Web Ref: 445327
SOLE MANDATE
WATERFALL R1 195 000 2 BEDS | 2 BATHS (MES) | OPEN PLAN LOUNGE/DINING | MODERN KITCHEN | PATIO | GARDEN | CARPORT JUST PERFECT Easy living for first time buyers or young professionals. Well run complex offering swimming pool, childrens playground and communal braai area. Pet friendly. This little GEM has 2 bedrooms, 2 bathrooms, the family bathroom has shower and bath, and the fully tiled living area is open plan with a modern fully fitted kitchen with granite surfaces, centre island and gas hob. Sliding doors lead from the lounge to the full length covered patio and the fenced garden. Add to this a covered carport plus an open parking bay. Not to be missed. Call PIXIE 073 353 0881 for an appointment to view • Web Ref: 4538392
1 9
PRIME ESTATES ON SHOW SUN 2 - 4:30PM
OFFICE 031 767 1217 www.primeestates.co.za
DUAL MANDATE
HILLCREST R1 850 000
RETIRE IN STYLE - 2 BED APARTMENT Immaculate, wheelchair-friendly apartment (1 year old) in Green Meadow Country Estate. Beautifully appointed granite kitchen, spacious living area and a bathroom with shower & bath. Lock-up storeroom & 2 carports. Fabulous Clubhouse, heated pool, library & gym. Fibre & DSTV connections. Boards on Inanda Rd into Green Meadow Lane. Call DEBBIE 082 903 2024 • Web: 109284371 VIEW BY APPOINTMENT
NEW SOLE MANDATE
VIEW BY APPOINTMENT
2 0 2 1
15
SUE DINNIE 082 491 5822 www.capcubed.com
ON SHOW SUN 2 - 4:30PM
NEW SOLE MANDATE
WATERFALL AREA/CRESTVIEW R1 850 000
IDEAL EXTENDED FAMILY HOME On an acre of mature garden, large solid 4 bed home with 2 baths, 2 lounges, dining room, fitted kitchen, covered verandah, single garage, carport, swimming pool & excellent security. PLUS: Self-contained Studio apartment AND separately fenced 2 bed cottage. All have pre-paid elelctricity meters and tiled floors. Ideal as a rental property. Follow boards from Waterfall Centre Robots. Call ANN 072 425 9411 • Web: 109247540 NEW SOLE MANDATE
VIEW BY APPOINTMENT
GILLITTS R1 895 000
CRESTVIEW R1 425 000
PERFECT STARTER - HANSEL & GRETEL STYLE COTTAGE Be the first to view this charming home on a level ½ acre. Set well back with room to build the home of your dreams later. Original thatch has been covered with tiles, but still retains lovely thatch character inside. 2 Beds with BIC’s, FULL bathroom, granite kitchen and a cosy fireplace in the living area. Upstairs is a spacious 3rd bedroom/ lounge/office. Freshly painted. To view, call ANN 072 425 9411 • Web: 100872177
F E B R U A R Y
COMPLETELY RENOVATED SIMPLEX - ALL BRAND-NEW FINISHES!! Stunning in pastel grey & white - 3 beds, 3 baths, gorgeous Caesar-stone kitchen, large open plan living area & a double auto garage. End unit with corner garden & views. Medium dog, no cats. Close to new Checkers. Move in now! Call DEBBIE 082 903 2024 • Web: 108971396 SOLE MANDATE
KLOOF R3 900 000
GOLF COURSE AREA - CLASSIC MANSION WITH ENDLESS POSSIBILITIES Main House: Upstairs has 4 /5 beds, 3 baths, huge games room/office with outside access. Downstairs - 2 lounges, dining room, kitchen, superb entertainment lounge + built-in braai & guest loo. Cottage: 2 beds, 1 bathroom & large workshop/ garage. This versatile home is set in a level garden, with pool, boma, carports for 5 cars, staff facilities & views to the sea! Call AMANDA 079 528 0942
16
1 9
F E B R U A R Y
2 0 2 1
AUCTIONS There is a commonly held belief that property auctions are a good place to pick up a bargain because auctioneers often handle sales in execution / property reposessions / liquidations. Our dedicated auction section allows auctioneers to showcase their properties to buyers looking for these bargains. THE AUCTION SECTION OF THE PORTAL OFFERS: • Advice to buyers • Auction news • Recommended auctioneers to deal with • Diary of upcoming auctions Contact LEIGH to get your listings visible 074 991 3373 or leigh@property360.co.za
www.property360.co.za
1 9
F E B R U A R Y
2 0 2 1
17
18
1 9
F E B R U A R Y
2 0 2 1
FEW T S LA HE T M FRO PER O L E DEV
Freestanding 3 bedroom homes from R3 450 000 You could own a modern Farm Style home in the heart of the economic stronghold Sunshine on your face and grass under your bare feet! This is how you’re supposed to live Your own garden, lock-up double garages and spacious rooms Communal Park and Pool
Call now 081 281 3960 to view by appointment! www.woodland.co.za | info@woodland.co.za 2 Woodlands Close, Prestondale, Umhlanga
1 9
F E B R U A R Y
2 0 2 1
19
20
1 9
F E B R U A R Y
2 0 2 1
1 9
F E B R U A R Y
2 0 2 1
21
22
1 9
F E B R U A R Y
2 0 2 1
1 9
F E B R U A R Y
2 0 2 1
KLOOF / PADFIELD PARK LIVE THE LIFE YOU'VE IMAGINED
FROM R1 450 000 NO TRANSFER DUTY
BUSHWILLOW VALLEY IV
OVER 50s LEISURE LIFESTYLE ESTATE NOW SELLING OFF-PLAN 2 & 3 Bedroom Sectional Title Units Now selling off-plan, in a variety of different size and layout design options, Bushwillow Valley IV offers 16 two and three-bedroom sectional title units in the heart of Greenhaven Estate. Featuring contemporary country-style architecture, these spacious, single-level units come with an open-plan design and a selection of modern finishes.
LEISURE LIFESTYLE ESTATE FOR OVER 50s
BOOK AN ESTATE TOUR / CALL 079 046 1441 / GREENHAVENESTATE.CO.ZA
23
24
1 9
F E B R U A R Y
2 0 2 1
1 9
F E B R U A R Y
2 0 2 1
25
26
1 9
F E B R U A R Y
2 0 2 1
ADVERTISING PLATFORM We provide a complete advertising solution to reach subscribed property buyers Access the following advertising platforms under one account: • Property Portal Online Listings • Banner Slots • Featured Agent Slots • Digital Magazine • Newspapers • Cape Community Newspapers • Brand Editorial Content • Social Media Reach • Weekly Newsletter
We also do HOME LOANS A mortgage origination solution to assist your buyers, so send your clients our way and you can advertise your listings on our portal for… FREE Best interest rates from all major banks and speedy approvals Contact us to package the right deal for you help@property360.co.za
1 9
F E B R U A R Y
2 0 2 1
27