From our home to your home EDITION - AUTUMN 2021
Luxury and sophistication in the Avenues of Constantia. Constantia Upper, Web Ref: RL10813
CONTENTS 05
SCHMIDHAUSER Season Of New Beginnings
07
RECIPE Plushy & Slightly Spiced Bread
10
FRANK HOLLAND ATTORNEYS When Selling Your Property
12
PROPERTY SECTION Dogon Property Portfolio
04
LIFESTYLE R115 Million For Unsurpassed Living.
09
30
STBB Profit On Property Sale
PROFILE MD Alexa Horne Discusses Living The New Normal.
37
KATZ ABRAHAMSON It's All About Trust
36
WELLNESS Hand Crafted Aromatherapy Soaps Made With Love By Fowz.
DOGON GROUP MARKETING Denise Dogon - Head Of Marketing denise@dogongroup.com | 082 449 6608 Jacky Jones jacky@dogongroup.com | 083 994 8755 Tania Laubscher tania@dogongroup.com | 082 429 1420 DOGON GROUP DESIGN Llewellyn Church llewellyn@dogongroup.com | 072 827 1357 HEAD OFFICE 021 433 2580 Ekasie is published quarterly by Dogon Group Properties, in conjunction with The Dogon Property Portfolio as exclusive real estate content provider. All copyright is the property of Dogon Group Properties and may not be reproduced without permission.
EKASIE | 2
Cover Story
Luxury lifestyle in the Baronetcy with captivating views. Baronetcy Estate, Web Ref: RL10313
EKASIE | 3
Lifestyle
R115,000,000 FOR UNSURPASSED LIVING
/
Clifton Penthouse Live A Billionaires Lifestyle In This One-Of-A-Kind Penthouse. Cape Town's mountain peninsula offers any number of splendid views, but few surpass those from this elegant, one-ofa-kind residential masterpiece, featuring two sophisticated homes in Kloof Road, Clifton - one of the most exclusive and expensive addresses in the city. Designed by global awardwinning architects, SAOTA, this luxury property - perfectly positioned with expansive vistas over Clifton's crescent-shaped
penthouse as well as a spacious
interiors of the penthouse, enjoys
Villa - available to purchase together
its own pool and unique water
or separately*.
feature, as well as a private garden and parking for up to four vehicles.
beaches, as well as the Twelve Apostles mountain range - boasts a spectacular 3-bedroomed
The open-plan 504 square metre Penthouse, with its generous
This is the perfect lock-up-and-go investment property.
deck, infinity pool and garden, offers an unparalleled opulent
195 Kloof Road also boasts a
lifestyle accented by natural stone,
wood panelled grand arrival lobby
soft wood, marble and glass finishes
as well as fully integrated state-of-
- all illuminated by streaming natural
the-art security.
light. Featuring a lounge, dining
Clifton provides easy access to
room, kitchen, study, TV room,
the coastline's renowned beaches,
laundry, and storeroom as well as
Table Mountain National Park, and
parking for up to four vehicles, all
the myriad of top restaurants, cafe's
three bedrooms in the penthouse
and attractions to be found in Cape
enjoy their own en-suite bathrooms.
Town. Not only are the ocean and mountain views astounding, but
The Villa, which mirrors the architectural style and refined
EKASIE | 4
the area also enjoys many relatively wind-free days, even when the
04 South-Easter is in full force. * If the units are purchased individually they will be sold under sectional title. Should both be purchased as a single unit, ownership will be under Freehold title. This is an exclusive investment offering the ultimate in understated elegance, exclusivity, luxury and privacy.
FEATURES • Bedrooms 3 • Bathrooms 3 • Reception Rooms 2 • Study 1 • Floor Size 504m² ASKING PRICE: R115,000,000
(VAT Incl)
WEB REF: RL10682 CONTACT DOGON GROUP PROPERTIES Denise Dogon 082 449 6608 Vicky Atlas 083 447 1381 Adrien Epstein 083 455 5661
EKASIE | 5
Recipe
PLUSHY & SLIGHTLY SPICED BREAD
/
Hot Cross Buns INGREDIENTS FOR THE ROLLS 1 c. whole milk, warm 2 (0.25-oz.) packages active dry yeast 1/2 c. granulated sugar 1/3 c. melted butter 1 large egg yolk 1 tsp. pure vanilla extract 3 c. all-purpose flour, plus more for kneading 1 tsp. kosher salt 1/2 tsp. ground cinnamon 1/4 tsp. ground nutmeg 1/2 c. dried currants, plumped in hot water then drained 1 tsp. lemon zest Egg wash, for brushing FOR THE GLAZE 2 c. powdered sugar 2 tbsp. whole milk 1/2 tsp. lemon zest METHOD
In a medium bowl, combine milk, yeast, and a pinch of sugar. Let sit, without stirring, until foamy, about 20 minutes. Whisk butter, egg yolk and vanilla into the yeast mixture. In a large bowl, whisk together the flour, remaining sugar, salt, cinnamon and nutmeg. Make a well in the center of the flour mixture and add the yeast mixture. Stir with a wooden spoon until the mixture is a thick, shaggy dough. Stir in currants. Turn the dough onto a heavily floured surface and knead until the dough is soft and elastic, 8 to 10 minutes. Shape the dough into a large ball. Grease the inside of a large bowl with butter and put the dough in the bowl. Cover with plastic wrap and let rise at room
Recipe By : Lauren Miyashiro
temperature until doubled in size, about 1½ hours. When the dough is ready to form into rolls, butter a 9”-x-13” baking pan. Turn the dough onto a lightly floured surface and pat it into a large rectangle. Divide the dough into 12 portions with a sharp knife or pizza wheel. Shape each piece into a roll, tucking the edges under, and place each roll seam side-down into the butter pan. Cover with plastic wrap and let rise in a warm place until the rolls have doubled in size, about 45 minutes. After the second rise, preheat oven to 375°. Brush tops of buns with egg wash. Bake until golden and puffy, 22 to 25 minutes. Make glaze: Whisk together powdered sugar, milk, and lemon zest until smooth. Transfer to a medium resealable plastic bag and make a small cut in the corner of the bag. Pipe a thick cross shape over each bun. Serve warm or at room temperature.
EKASIE | 7
Cover Story
Elegance and style with breathtaking Atlantic Ocean views. Sea Point, Web Ref: RL10948
EKASIE | 8
Profile
DOGON GROUP PROPERTIES MD ALEXA HORNE
/
Photo Credit: David Fish
The New Normal Recently we marked a year since South Africa officially went into lockdown and the country began to acclimatise to our “new normal”. Since then we have witnessed immense resilience, strength, innovation and ingenuity from the citizens, businesses and communities of this country as people work towards an optimistic future. This is the spirit we need to rebuild our beautiful country.
In the property sector, following
rate unchanged at 3.5% has been
on from a bumper 2020 which,
welcomed by South Africans and this
according to statistics, saw the highest
means that the prime lending rate
volume of mortgage approvals in
remains stable at a near 50-year low
South Africa in more than a decade,
of 7%. So for potential homeowners,
the last few months have shown
now is the time to buy and secure an
continued robust activity following
attractive interest rate.
the series of interest rate cuts that occurred last year. During the last 6 months, Dogon Group have managed to grow our market share considerably and we anticipate continued growth due to our hardworking, dedicated agents.
In addition to the positive news on the repo rate and property sales figures, 2021 could see South Africa experiencing an improving local economic landscape, despite the continuing challenges we face. This is driven by the confidence boost of
The decision to keep the repo
a positive Budget and South African resilience in the face of significant economic challenges. SA has many positives going for it. In addition to the fact that ours is one of the most beautiful and diverse countries in the world, we also have a politically stable democracy with a free media, an independent central bank, huge mineral wealth and tourism potential, growing trade and investment links with Africa and Asia, a strong financial sector, a generally healthy corporate sector and an easing fiscal crisis. I truly believe that we have moved into a season of rebirth, despite the lingering presence of Covid-19. We are optimistic of ongoing positivity in the property sector as the interest rates and favourable lending attitudes of the banks make for fertile grounds for property investment. Alexa Horne 082 349 7799 alexa@dogongroup.com
EKASIE | 9
A home of distinction standing proud on the slopes of Lion's Head. Fresnaye, Web Ref: RL10583
EKASIE | 11
WELCOME TO OUR WORLD - ATL ANTIC SEABOARD C L IF TO N APARTM ENT - R 120 MIL L ION
Web Ref: RL10522
SUPREME CLIFTON PENTHOUSE
This extravagant double volume 4 bedroom penthouse in Eventide is suited to those looking for the best. The size of a house, this 775m2 duplex apartment holds pride of place on the water's edge of Moses Beach. Dip into the invigorating Atlantic Ocean via the personal gate on the terrace or do your exercise laps in the private 20 metre heated swimming pool. 3 Parking bays
DENISE DOGON 082 449 6608 VICKY ATLAS 083 447 1381 ADRIEN EPSTEIN 083 455 5661
FR E S N AY E - R 6 9 M I LL I O N
Web Ref: RL10583
C LIFTO N - R 75 MIL L ION
Web Ref: RL10627
A HOME OF DISTINC TION
AN EXQUISITE RESIDENCE
This substantial family home comprises 5 luxury bedroom suites, 3 lounges, a study media room and 2 kitchens. Staff accommodation. No expense has been spared
Experience your own private world of luxury nestled on the slopes of Lion's Head with views 6 Beds, 6.5 baths, multiple formal & informal living rooms. Garaging for 8 cars
FR E S N AY E - R 20 .9 M I LL I O N
BANTRY BAY - R 39.5 MIL L ION
DENISE DOGON 082 449 6608 VICKY ATLAS 083 447 1381
ADRIEN EPSTEIN 083 455 5661
Web Ref: RL10834
Web Ref: RL10757
FABULOUS - ST YLISH FAMILY HOME
A quality built modern home with every luxury amenity. 5 Bedrooms all en-suite Sparkling pool, 2 storerooms plus large double garage. Ready to move in
DENISE DOGON 082 449 6608
DENISE DOGON 082 449 6608
ADRIEN EPSTEIN 083 455 5661
TO WER ABOVE THE REST
Relaxed and stylish, this home transports you to a sanctuary in the sky with truly breathtaking views. 4 Spacious bedrooms, 4 bathrooms, pool and garden. 3 Garages and funicular access
DENISE DOGON 082 449 6608 VICKY ATLAS 083 447 1381
THE KINGS, 101 REGENT ROAD, SEA POINT / 021 433 2580
W E LC O M E T O O U R W O R L D - C A M P S B AY C A M PS BAY - R 35 MIL L ION
Web Ref: RL9276
S P EC TACUL A R 4 BED ROOM H OM E
Gorgeous 4 bedroom home with magnificent views of the mountain and ocean. Open-plan living room and kitchen leading to outdoor area and pool Wine cellar, loads of storage space and staff accommodation. Double garage and separate flatlet. Brand new build
JULIET BROWN 074 768 6090
C AM PS BAY - R 22.995 MIL L ION
C A M PS B AY - R 3 0 M I LL I O N
Web Ref: RL10278
Web Ref: RL10613
STUNNING HOME IN THE GLEN
BEAUTIFUL ENGLISH COUNTRY WITH SEA VIEWS
5 Beds & 4 baths. Superior lounge & dining room with superb views overlooking the ocean flowing onto a patio & pool area. Large kitchen, staff accommodation & d/garage. Flatlet
Large lounge with a bar which leads out to a wide open deck and the most magnificent sea and mountain views. 5 Bedrooms, 1 garage, 2 parking bays and pool
C AM PS B AY - R 15.9 9 M I LL I O N
C AM PS BAY - R 10.9 MIL L ION
JULIET BROWN 074 768 6090
JULIET BROWN 074 768 6090
Web Ref: RL10725
Web Ref: RL7331
HOME WITH LOADS TO OFFER
This upmarket home offers luxury accommodation. Designer lounge and bar opens onto elevated wooden deck with ocean views. 7 Bedrooms, 6 parking bays and pool
JULIET BROWN 074 768 6090
A P ROP ERT Y D EV ELOP ERS D REA M
3 Bed double-storey home in wind-free The Glen with views. This home needs a complete renovation or option to build 2 apartments. Walking distance to the beach & restaurants
DENISE DOGON 082 449 6608
JULIET BROWN 074 768 6090
THE KINGS, 101 REGENT ROAD, SEA POINT / 021 433 2580
W E LC O M E T O O U R W O R L D - H O U T B AY, N O O R D H O E K & F I S H H O E K T I E R B OS K LO O F - R 12 . 8 M I L L I O N
Web Ref: RL9956
S C OT T ESTATE - R 6.3 MIL L ION
Web Ref: RL10766
MAGICAL GEM WITH BREATHTAKING SEA & BAY VIEWS
LOV ELY D OUBL E STOREY H OM E
This home is in excellent condition with beautiful lounge with a fireplace, TV room & 4 gorgeous bedrooms (2 en-suite) & family bathroom. Deck, pool & fynbos garden. Double garage
Seaside home with ever flowing stream. This beautiful 4 bed family home surrounded by a lush garden with its own ever flowing stream and azure sea view. This is a rare find
DUNE KOSSATZ 076 175 1057
DUNE KOSSATZ 076 175 1057
H A N GI N G ME A D O W S - R 4 . 8 M I LL I O N
BERG EN DAL - R 12.95 MIL L ION
Web Ref: RL9912
Web Ref: RL10519
A SLICE OF HEAVEN
EXCEP T I ON A L N ORT H FACI N G H OUT BAY H O M E
Located on one of the most majestic mountains in the world, Chapmans Peak Drive, this North facing piece of land has uninterrupted ocean and mountain views and sits on Millionaire Row
Large open-plan living areas allow for plenty of natural light and space to entertain family and friends. 4 Beds, 5 baths, fully equipped kitchen. Pool, double garage plus extra parking
NOORDHAVEN - R7.2 MILLION
FIS H H O EK - R 8.995 MIL L ION
DUNE KOSSATZ 076 175 1057
MEGAN MCLACHLAN 071 266 6655 LEAH SLEIGH 082 608 3388
Web Ref: RL10556
Web Ref: RL10831
CO UNTRY C HIC ON THE C OAST
This warm and inviting extra spacious 6 bed family home sets the tone for relaxation from the moment you arrive. Noordhoek Valley lies just below Chapmans Peak. D/garage & flatlet
LEAH SLEIGH 082 608 3388 MEGAN MCLACHLAN 071 266 6655
STATE-OF -THE- ART MODERN MASTERPIECE
With no detail left unthought, this entertainers dream is a must see. 4 Bedrooms, 5 bathrooms fully equipped kitchen with Smeg appliances. Built-in braai, garden, pool & double garage
MEGAN MCLACHLAN 071 266 6655 LEAH SLEIGH 082 608 3388
THE KINGS, 101 REGENT ROAD, SEA POINT / 021 433 2580
W E L C O M E T O O U R W O R L D - V & A WAT E R F R O N T & M O U I L L E P O I N T MO U IL L E P O INT - R 24.995 MIL L ION
Web Ref: RL10640
PL ATINUM MILE LIVING AT ITS BEST
3 Bedrooms all en-suite with private balconies. North facing apartment, open-plan lounge and dining room leading onto large covered terrace with sensational views of the ocean
Very well-run building in pristine condition with on-site building manager. Excellent 24 hour security, pets allowed (subject to approval) and 3 basement parking bays NATACHA NEUBURGER 083 449 9933 JAMES CURTIS 082 485 2702
V & A WAT E R F R O NT - R 14 .9 95 M I L L I O N
V & A WATERFRO NT - R 17.8 MIL L ION
Web Ref: RL10779
Web Ref: RL10006
STUNNING POSITION WITH WONDERFUL L AYOUT
SE T UP HIGH WITH YACHT BASIN & CANAL VIEWS
The living area and 2 en-suite bedrooms all face the Yacht Basin and flow out onto a gorgeous terrace. 2 Underground parking bays and a storeroom
A rare & spectacular gem offering 2 beds (both en-suite), open-plan living, 2 p/bays (14m2) & storeroom (7m2). This corner apartment is beautifully renovated & offers ample light
V & A WAT E R F R O NT - R 11.9 95 M I LL I O N
M O UILLE P O INT - R 2.895 MIL L ION
NATACHA NEUBURGER 083 449 9933
Web Ref: RL10591
NATACHA NEUBURGER 083 449 9933
Web Ref: RL10781
CANA L FAC I NG STUNNER
Lovely 2 en-suite bedroom apartment with open-plan living room, dining room and kitchen. 2 Covered parking bays and a storeroom
NATACHA NEUBURGER 083 449 9933
IT’S A BARGAIN OF THE CENTURY
This fully furnished 1 bedroom apartment on the 6th floor is in the heart of one of Cape Town's trendiest suburbs and offers mountain and ocean views
GAVIN MARK GOLIATH 082 963 0000
THE KINGS, 101 REGENT ROAD, SEA POINT / 021 433 2580
WELCOME TO OUR WORLD - ATL ANTIC SEABOARD F R E SN AYE - R 15.995 MIL L ION
Web Ref: R10743
I MMAC UL ATE P ENTHOUSE A PA RTM EN T I N T H E H EA RT OF FRES N AY E
Spacious open-plan living area leading onto protected undercover terrace and pool deck with spectacular 360° views 3 Bedrooms, 2.5 bathrooms, sparkling pool and 2 parking bays
JAMES CURTIS 082 485 2702 NITA ABEL 083 324 3855
FRES NAYE - R 4.75 MIL L ION
SEA POINT - R7.995 MILLION
Web Ref: RL10965
Web Ref: RL10464
FABULOUS ELEVATED GARDEN APARTMENT
FABULOUS FRONT FACING SECURE LOCK-UP & GO
This beautiful unit offers a very generous living room with an open-plan fully fitted kitchen leading onto a 300m2 garden & terrace. 2 Beds, 2 baths. Communal pool & 2 p/bays
This spacious apartment offers a generous open-plan living room with air-conditioning, leading onto an open balcony. 2 Beds (m.e.s) & second bathroom. Lock-up garage & storeroom
S E A P O INT - R 4 . 49 M I LL I O N
D E WATERK ANT - R 2.995 MIL L ION
NITA ABEL 083 324 3855 JAMES CURTIS 082 485 2702
JAMES CURTIS 082 485 2702 NITA ABEL 083 324 3855
Web Ref: RL10675
Web Ref: RL9955
A VIEW FROM THE TOP
Nestled on the slopes high-up above Sea Point, this 3 bedroom apartment offers unsurpassed and breathtaking views. Large lock-up garage, as well as 2 secure parking bays
LEAH SLEIGH 082 608 3388
ST Y L I S H A PA RTM EN T FI N I S H ED TO P ERFEC T IO N
This 1 bedroom apartment features an open-plan living area with views of Table Mountain and a stylish kitchen equipped with Smeg appliances. Excellent security and 1 parking bay
KATHERINA KROON 082 809 3021 KEAGAN JAMES 082 902 8202
THE KINGS, 101 REGENT ROAD, SEA POINT / 021 433 2580
WELCOME TO OUR WORLD - ATL ANTIC SEABOARD UPPER SEA POINT - R9.75 MILLION
Web Ref: RL9030
DE WATERKANT - R13.995 MILLION
(VAT INCL) (NO TRANSFER DUTY)
Web Ref: RL10776
LU X URY APARTM E NT ON THE S LOP ES OF S IGNAL H I L L
A H OM E OF D I ST I N C T I ON
Beautifully composed 3 bedroom apartment with balcony and boasting guaranteed ocean views. Roof-top leisure deck with rim-flow pool, lounging and braai area. 2 Parking bays
Experience your own private world of luxury. This 3 bed penthouse features an extravagant 166m2 roof-top terrace with a sparkling pool. Excellent security and 3 parking bays
SEA POINT - R2.995 MILLION
UP P ER S EA P O INT - R 6.95 MIL L ION
LLOYD EVANS 084 945 5118 NATACHA NEUBURGER 083 449 9933
LLOYD EVANS 084 945 5118 KEAGAN JAMES 082 902 8202
Web Ref: RL10698
Web Ref: RL10746
CHIC AESTHETIC
1 Bed apartment with open floor plan, large windows allowing an abundance of natural light and sleek kitchen. Located a mere 200m from the Sea Point Promenade
KEAGAN JAMES 082 902 8202
CL ASSY APARTMENT WITH BEAUTIFUL VIEWS
Immaculate 132m2 apartment including terrace for easy entertaining. 2 Beds (both en-suite) 2 Basement parking bays, large storeroom, resident swimming pool & braai area
ALISON ROBB 082 956 9506
GR E E N PO INT - R 2 . 576 M I LL I O N
Web Ref: RL10665
G REEN P O INT - R 6.5 MIL L ION
Web Ref: RL10856
FRONT FACING APARTMENT WITH SUPERB OCEAN VIEWS Spacious corner front facing studio apartment situated high up with expansive 12m2 balcony showing glorious ocean views & stunning views of Mouille Point, Urban Park & stadium
ALISON ROBB 082 956 9506
APARTMENT WITH UNOBSTRUC TED VIEWS
Beautifully presented & immaculate North-East facing 2 bed apartment with high ceilings Excellent finishes throughout. Open-plan kitchen, living area with aircon plus terrace. 1 Garage
ALISON ROBB 082 956 9506
THE KINGS, 101 REGENT ROAD, SEA POINT / 021 433 2580
WELCOME TO OUR WORLD - ATL ANTIC SEABOARD FR E S N AY E - R 5. 495 M I L L I O N
Web Ref: RL10612
BANTRY BAY - R 8.5 MIL L ION
Web Ref: RL10739
AT L AST - A VIC TORIAN BEAUT Y
FA BULOUS LOCK-UP & G O TO W N H OUS E
Single level living with original vintage features. 3 Large beds, 2 baths, bay window in lounge spacious living, dining room and kitchen. Private garden and courtyard. Off-street parking
Spacious & immaculate 4 bed home with 2 en-suite baths. Open-plan kitchen, dining room large lounge, family room plus guest suite. 2 Covered patios, jacuzzi & pool. Double garage
S E A P O INT - R 3. 395 M I L L I O N
D E WATERK ANT - R 2.595 MIL L ION
STEPHEN COHEN 082 600 5335 MICHELLE COHEN 082 321 7871
Web Ref: RL8775
MICHELLE COHEN 082 321 7871 STEPHEN COHEN 082 600 5335
Web Ref: RL10626
SEASIDE SPLENDOUR
INDUSTRIAL ST YLE CHIC
This magnificent 2 bed unit is a stones-throw from the Sea Point Promenade & beachfront. Both bedrooms & the living room have partial sea views. Completing this package is a parking bay
This ground floor unit currently used as an office space is dually zoned for both residential & commercial purposes. 1 Bed, bath, parking & communal pool. Short term lets allowed
JANE JONES-GIBBS 072 467 2611
JANE JONES-GIBBS 072 467 2611
SEA POINT - R6.89 MILLION
TH REE ANC H O R BAY - R 2.65 MIL L ION
Web Ref: RL9264
Web Ref: RL10702
O PUL E NT P ENTHOUS E ELEGA NC E
An apartment this size, rarely becomes available with an exclusive use 71m2 outside terrace 4 Beds, 2.5 baths, separate dining room & front balcony with partial sea views. 2-3 P/ bays
GRAHAM COWBURN 082 421 6764
G ORG EOUS GA RD EN A PA RTM EN T
This spacious 1 bed garden apartment is fully en-suite with a bath & separate shower. The lounge & bedroom lead to a private garden. Fully air-conditioned. Fibre optic & DSTV ready
GRAHAM COWBURN 082 421 6764
THE KINGS, 101 REGENT ROAD, SEA POINT / 021 433 2580
WELCOME TO OUR WORLD - ATL ANTIC SEABOARD FRESNAYE - R 78 0 0 0 MONTHLY
Web Ref: RL10723
DE WATERKANT - R 150 000 MONTHLY
Web Ref: RL10671
BRAND NE W HI GH-END FA MI LY HOME
AT T H E TOP OF LUX URY
This amazing family home is a brand-new build, with a fresh unique look. 5 Beds (all en-suite) luxurious master bedroom (en-suite), balcony and beautiful ocean views
This penthouse unit is over three levels with 3 bedrooms (all en-suite) plus a guest bathroom Study/studio, butlers kitchen, fitted with top-end Siemens and Miele appliances
S E A P O INT - R 20 0 0 0 MONTHLY
BAKOV EN - R 65 000 MONTHLY
JP FOURIE 084 249 5876
Web Ref: RL10790
JP FOURIE 084 249 5876
Web Ref: RL10824
A VI EW FR OM THE TOP
Fully furnished 2 bed apartment on Ocean View Drive in quiet block with no road noise Unobstructed sea views from main bed, lounge, dining room & kitchen. Open balcony
JP FOURIE 084 249 5876
L I V E ON T H E WAT ER' S ED GE
Situated in a quiet cul-de-sac on the water's edge with 4 beds, 3 baths & large open-plan lounge, dining room & kitchen. This home is a must see for people who love to entertain
MIC BRAND 082 940 0167
D E WAT E R K A NT - R 4 3 0 0 0 MONTHLY
Web Ref: RL10082
SEA POINT - R 13 000 MONTHLY
Web Ref: RL10811
SPE C TACUL AR MODER N FUR NI S HED HOME
This home is perfect for individuals who love the finer things in life - perfect for entertaining The property is fully alarmed & has metal shutter which makes it the perfect lock-up & go
MIC BRAND 082 940 0167
APARTMENT TO RENT ON THE BEACHFRONT
Newly renovated 1 bedroom apartment on the Sea Point Promenade. Spacious open-plan lounge/kitchen. Large bedroom with en-suite bathroom, shower and bath
MIC BRAND 082 940 0167
THE KINGS, 101 REGENT ROAD, SEA POINT / 021 433 2580
WELCOME TO OUR WORLD - ATL ANTIC SEABOARD C LI FTON APA R TME NT - R 120 0 0 0 MONTHLY
Web Ref: RL10762
C AM PS BAY - R 70 000 MONTHLY
Web Ref: RL10574
STUNNING BUNGALO W IN CLIFTON
SPECTACULAR MODERN VILLA
This bungalow is designed & well presented. Fully furnished, pool & gym. Wooden deck with views of the Atlantic Ocean where you can enjoy your evenings overlooking the beach
4 Bed home situated in The Glen. Large living areas with open-plan kitchen & scullery which leads out to a spacious terrace where you can relax & enjoy the views
FR E S N AY E - R 5 8 0 0 0 MONTHLY
C AM PS BAY - R 38 500 MONTHLY
RENE SMIT 078 777 7995
Web Ref: RL10715
RENE SMIT 078 777 7995
Web Ref: RL10830
IMMACULATE FAMILY HOME
TO W N H OUS E W I T H EX T EN S I V E V I EWS
Warm & welcoming 3 bed home high up in "The Avenues". Perfect opportunity for indoor & outdoor year-round entertaining. The spacious living rooms lead to a terrace with sea views
Beautiful 3 bed townhouse with en-suite bathrooms. Stunning mountain and sea views This home has aircon, heated tower rails, pool, Wifi, as well as a bar and wine cellar area
GA R D E NS - R 4 4 0 0 0 MONTHLY
S EA P O INT - R 21 000 MONTHLY
RENE SMIT 078 777 7995
Web Ref: RL10724
ZAHEERAH BAGUS 076 482 0324
Web Ref: RL10628
5 BEDROOM VICTORIAN HOUSE
This beautiful and newly renovated Victorian house has it all. 5 Beds (4 en-suite). This home offers a lounge and spacious dining area with access to a terrace. 1 Garage
ZAHEERAH BAGUS 076 482 0324
GORGEOUS OCEA N V I EW S
2 Generously sized bedrooms and 2 contemporary bathrooms (main en-suite) complete this unique apartment. Spacious living/dining area which leads onto a large terrace. Secure p/bay
ZAHEERAH BAGUS 076 482 0324
THE KINGS, 101 REGENT ROAD, SEA POINT / 021 433 2580
WELCOME TO OUR WORLD - ATL ANTIC SEABOARD FRESNAYE - R 120 0 0 0 MONTHLY
Web Ref: RL10800
MOUILLE POINT - R 30 000 MONTHLY
Web Ref: RL10827
LO C K-UP & GO HOME I N S OUGHT- A FTER LOC AT I ON
A PA RTM EN T TO REN T I N T W O OCEA N S BE AC H
Easy living, lock-up & go. Sensational outdoor terrace with a large rim-flow pool. All 4 bedrooms enjoy uninterrupted views over the Atlantic Seaboard. Small garden & balcony
Spacious 2 bedroom apartment in sought-after and secure Two Oceans Beach building overlooking the Green Point Urban Park
MARIO MEYER 079 102 1077
MARIO MEYER 079 102 1077
C LI FTO N - R 28 0 0 0 MONTHLY
S EA P O INT - R 7 250 MONTHLY
Web Ref: RL10769
Web Ref: RL10751
DE SIGNER CLIFTON A PA R TMENT
ST UD I O A PA RTM EN T J UST OFF BEACH ROA D
Large unfurnished apartment boasts with large balcony offering unobstructed views of the ocean. Safe and secure the apartment has 24hr CCTV cameras. The unit boasts keyless entry
Beautiful newly renovated studio apartment, perfect for a single individual looking for a prime location. 2 Minute walk to the beach, Bootleggers Coffee Shop and Woolworths food
FRESNAYE - R 35 0 0 0 MONTHLY
SEA POINT - R 26 000 MONTHLY
MARIO MEYER 079 102 1077
Web Ref: RL10784
AMY PANARETOU 083 787 1201
Web Ref: RL9155
E Q U IPPE D, BR I GHT A ND A I RY A PA R TMENT
Executive 2 bedroom (both en-suite). Spacious lounge, dining room both leading onto nice sized balcony with gas braai. In great position
BRENDA COHEN 083 627 2275
CENTRALLY LOCATED - LIGHT & BRIGHT
Sunny & airy duplex 144m2 with 3 bedrooms, 2 bathrooms plus guest cloakroom Open-plan kitchen and lounge with great sea views
BRENDA COHEN 083 627 2275
THE KINGS, 101 REGENT ROAD, SEA POINT / 021 433 2580
WELCOME TO OUR WORLD - CIT Y BOWL TA MB O ERS K LO O F - R 22 MIL L ION
Web Ref: RL10638
INSPIRED TRADITIONAL HOME
Created with hardwearing materials and neutral colours, this home has been meticulously designed in an H-plan layout by GSquared Architects. Centralised open-plan living spaces open out onto both a wind-free courtyard, entertaining area & pool with North facing views across the city. Master bedroom en-suite & study plus 2 bedroom suites & guest cloakroom. Double garage
BYRON KRUGER 082 401 5179 KEITH ANDERSON 083 540 5033
TA M B O E R S K LO O F - R 7. 5 M I L L I O N
Web Ref: RL10829
GARD ENS - R 2.195 MIL L ION
Web Ref: RL10812
A PEACEFUL LOC ATION
TOP FLOOR UN I T W I T H V I EW S OF TA BL E M O U NTA IN
BYRON KRUGER 082 401 5179 KEITH ANDERSON 083 540 5033
MATTHEW SCHRIRE 083 645 4583
CIT Y CENTRE - R7.6 MILLION
D E WAT E R K A N T - R 8.5 MIL L ION
Embracing a sunny aspect, this apartment nestled in the ever popular locale of Tamboerskloof offers a functional floor plan. 2 Bedrooms, 1.5 bathrooms, double garage and pool
Web Ref: RL10283
On the steps of buzzing Kloof Street, safe and secure, top floor, corner unit with views of Table Mountain. Perfect combination of modern renovations with character of old
Web Ref: RL7274
TO P FLOOR S P LENDOUR
Brand new penthouse apartment with superlative finishes and extra high ceilings of 3.4m which just gives you a feeling of space. 2 Beds, 2 baths, 2 parking bays and security
LESLEY RENSBURG 061 439 8225
AWARD WINNING BUILDING WITH PRIVATE POOL
Come home to this exclusive and tastefully finished 2 bedroom apartment with sweeping views of De Waterkant and Green Point right through to the V&A Marina
LESLEY RENSBURG 061 439 8225
THE KINGS, 101 REGENT ROAD, SEA POINT / 021 433 2580
WELCOME TO OUR WORLD - CIT Y BOWL H IG G OVALE - R 12 MIL L ION
Web Ref: RL9783
E XCE P TIO NA L OP P OR TUNI T Y TO BUY I NTO ON E OF CA P E TO W N' S M OST EXCLUS I V E S ECURE ESTAT E S
2 Generous en-suite bedrooms each with their own balcony separated by a pyjama lounge/study. Open-plan kitchen and lounge with fireplace and guest powder room. The dining area opens up onto a covered terrace and private garden which has a stream running through it. An incredible location within five minutes to all amenities. Double garage
KEITH ANDERSON 083 540 5033 BYRON KRUGER 082 401 5179
C I T Y C E N T R E - R 2 .95 M I L L I O N
Web Ref: RL10641
V RED EH O EK - R 3.295 MIL L ION
Web Ref: RL10412
THE STUDIOS
LOCAT I ON - LOCAT I ON - LOCAT I ON
Located on the top floor, this voluminous and airy loft offers the perfect inner city lifestyle living Secure underground parking bay, communal sun filled pool and concierge security
This 2 bedroom is on the top floor of a beautiful art deco building and a collector's item Take this opportunity to acquire a piece of history. Large garage and parking bay
DUNE TANCREL 084 358 4910 BYRON KRUGER 082 401 5179
DUNE TANCREL 084 358 4910
C I T Y C E N T R E - R 5. 5 M I L L I O N
DE WATERKANT - R4.995 MILLION
Web Ref: RL10799
Web Ref: RL10816
THE TA J HOTEL IS GRAND-MA JESTIC & REGAL
BEAUT I FUL CORN ER UN I T I N T REN DY D E WAT E R K A NT
GAVIN MARK GOLIATH 082 963 0000
KATHERINA KROON 082 809 3021
The suite on the 8th floor with views of Table Mountain is yours. The suite comes fully furnished, Fibre, TV, kitchen, office area, lounge area, massive bathroom and bedroom. 1 Parking bay
This 2 bedroom, 2 bathroom apartment offers spectacular mountain and harbour views as well as an open-plan dining and living area, ideal for entertaining
THE KINGS, 101 REGENT ROAD, SEA POINT / 021 433 2580
WELCOME TO OUR WORLD - WESTERN SEABOARD B A R O NE TC Y ESTATE - P.O.A.
Web Ref: RL10313
LUXUR I OUS LIFEST Y LE IN T H E BA RON E TCY W I T H CA P T I VAT I N G V I EW S
The estate offers a rare opportunity to enjoy natural eco-living within a secure living community. Close to everywhere you would need to go, all within the heart of the Baronetcy. Commanding over 1300m2 of home & entertainment space, the grand entrance sets the tone for the home that is to follow. 5 Beds, 6.5 baths, pool & Jacuzzi, firepit & double garage - An entertainer's dream
NATALIE KOCH 082 393 8923 NATALIE PETERSEN 082 961 7602
S U N S E T B E AC H - R 6 . 5 M I LL I O N
Web Ref: RL10250
SAGEWOOD ESTATE - R3.65 MILLION
(INCLUDES TRANSFER DUTY)
Web Ref: RL9753
E NTER TA I NER S DR EA M
Prepare to be impressed when you enter this beautifully maintained & presented home Spacious living room with ample natural light filtering through. 3 Beds, 2.5 baths & d/garage
NATALIE KOCH 082 393 8923 NATALIE PETERSEN 082 961 7602
SANDOWN - R3.4 MILLION
T H I S I S W H AT YOU H AV E BEEN WA I T I N G F O R
Surrounded with modernism & open-air living this new double storey 3 bed, 2 bath home gives you the opportunity to make it your own. Patio, built-in braai, garden plus double garage
NATALIE KOCH 082 393 8923 NATALIE PETERSEN 082 961 7602
S U N N I N G DA L E - R 2.3 MIL L ION
(INCLUDES TRANSFER DUTY)
Web Ref: RL9752
HO M E IS TH E NICEST W OR D THER E IS
Open-plan living, dining room & kitchen. 3 Bedrooms & 2 bathrooms located separately allowing for privacy from the rest of the home. Patio, built-in braai & double garage
NATALIE KOCH 082 393 8923 NATALIE PETERSEN 082 961 7602
Web Ref: RL7245
S ECURE CLUST ER ST Y L E H OM E
Immaculate in every way. 3 Bedrooms, 2 bathrooms with the main bedroom en-suite. Great open-plan kitchen leads onto a dining room and lounge. Small front & back garden. D/garage
NATALIE KOCH 082 393 8923
THE KINGS, 101 REGENT ROAD, SEA POINT / 021 433 2580
WELCOME TO OUR WORLD - WESTERN SEABOARD B LO U B E RG STRAND - R 6.55 MIL L ION
Web Ref: RL10972
GENER OUS FA MILY HOM E N EA R T H E S EA I N BLOUBERGST RA N D
Just a walk away from the beach! An elegant, ready to move in 2 storey home, perfect for a family wanting to have a lifestyle close to nature and still have easy access to the shops and restaurants 4 Bedrooms with 3 full en-suite bathrooms. Open-plan living area, entertainment room with built-in braai. Large TV room with gas fireplace and aircon. Double garage and parking for 3 cars
NATALIE KOCH 082 393 8923 NATALIE PETERSEN 082 961 7602
FLAMINGO VLEI - R2.35 MILLION
SAGE W OO D E STATE - R 5. 5 5 M I L L I O N
Web Ref: RL9755
Web Ref: RL8677
YO UR GATEWAY TO A R ICHER LIFE
This newly built 5 bed, 5 bath home, takes your breath away. Open-plan living and kitchen Separate room with a kitchenette, shower, own entrance and parking
NATALIE KOCH 082 393 8923 NATALIE PETERSEN 082 961 7602
PA R K L A N D S N O R T H - R 3. 6 M I LL I O N
S OL I D 3 BED ROOM FA M I LY H OM E I N GREAT LO C AT IO N
This neat 3 bed, 2 bath (m.e.s) home has a cozy lounge with fireplace & dining room. Kitchen with granite tops. Tandem garage, double carport, borehole & automated sprinkler system
NATALIE KOCH 082 393 8923 NATALIE PETERSEN 082 961 7602
TA B L E V I E W - R 1.65 MIL L ION
(NO TRANSFER DUTY)
Web Ref: RL10673
P LOT AND PL AN HO MES I N TR ENDY PA R KL A NDS N ORT H Open-plan kitchen, dining & living room with an abundance of natural light, high ceilings and modern luxuries span this 4 bedroom, 3 bathroom home. Double garage
NATALIE KOCH 082 393 8923 NATALIE PETERSEN 082 961 7602
Web Ref: RL10592
H I D D EN GEM A BS OLUT E COM FORT
A newly renovated two storey unit has all the comfort you need to call it home. 2 Bedrooms with plenty of cupboard space and bathroom. Good security and 2 parking bays
NATALIE KOCH 082 393 8923 TANIA EDMONDSON 082 841 9110
THE KINGS, 101 REGENT ROAD, SEA POINT / 021 433 2580
WELCOME TO OUR WORLD - SOUTHERN SUBURBS B ISHO PS C O URT - R 45 MIL L ION
Web Ref: RL10828
ULTRA LUXURIOUS HOME IN BISHOPSCOURT
This contemporary home with majestic views of the mountains is striking & luxurious, offering clean lines, large windows & doors welcoming natural light into the living spaces. A rim-flow pool flood-lit tennis court, together with a koi pond, all form a perfect setting within a beautiful landscaped garden. 5 Bedrooms, 8 bathrooms plus private 2 bed guest suite. Garaging for 4 cars
BERNICE KAYE 072 942 0548 ALEXA HORNE 082 349 7799
ST E E N B E R G G O L F E STATE - R 21. 5 M I LL I O N
Web Ref: RL10121
C O NSTANTIA UP P ER - R 11.9 MIL L ION
Web Ref: RL10775
COMFORTABLE AND EXCELLENT POSITION
CONTEMPORARY ST YLISH FARM HOUSE
Well-cared for 4 bed, 4.5 bath family home situated on a corner plot with magnificent views Fabulous eat-in kitchen with large fireplace. Lounge, dining room, patio & swimming pool
Modern, light and airy, this beautiful 4 bed, 3.5 bath home combines country elements with a contemporary feel. Entertainment area, heated pool and garden. 2 Garages
BERNICE KAYE 072 942 0548 ALEXA HORNE 082 349 7799
BERNICE KAYE 072 942 0548 ALEXA HORNE 082 349 7799
N E WL A ND S - R 6 . 75 M I LL I O N
C O NSTANTIA - R 5.65 MIL L ION
Web Ref: RL8486
VICTORIAN MANOR HOUSE IN GATED SECURITY COMPLEX
Built circa 1895 & renovated to perfection with luxury finishes. This outstanding 3 bed home features original fireplaces & high ceilings. D/garage & visitors parking. Excellent 24hr security
BERNICE KAYE 072 942 0548 ALEXA HORNE 082 349 7799
Web Ref: RL10952
PERFECT GEM IN KREUPELBOSCH
This fabulous and immaculate family home is close to schools and excellent facilities that include a shopping centre and library. 3 Beds, 2 baths, double garage plus extra parking for 2 cars
BERNICE KAYE 072 942 0548 ALEXA HORNE 082 349 7799
10 CAVENDISH STREET, CLAREMONT / 021 671 0258
WELCOME TO OUR WORLD - SOUTHERN SUBURBS C O NSTA N TIA UP P ER - R 29.9 MIL L ION
Web Ref: RL10813
LUXURY & SOPHISTICATION IN THE AVENUES
The balance of laidback luxury combined with rich layered textures makes this home exceptional. All entertainment rooms are positioned to capture the magnificent views of the mountains This magnificent home was originally part of the iconic Hohenhort Hotel back in the 1790s. 5 Beds, 6.5 baths, ample parking plus borehole with filtration system & full security with CCTV
BERNICE KAYE 072 942 0548 ALEXA HORNE 082 349 7799
B I S H OPS C O U R T - R 27. 25 M I LL I O N
Web Ref: RL10089
STEENBERG G O LF ESTATE - R 19 MIL L ION
Web Ref: RL10124
TRANQUILIT Y & ST YLE IN BISHOPSCOURT
LUXURIOUS LIVING IN STEENBERG ESTATE
Exquisite 5 bed, 5.5 bath family home centred around magnificent mountain views. Reception area leads to covered patio, garden & pool. Garaging for 4 cars & staff accommodation
A perfect blend of luxury & space ensure a seamless flow to indoor & outdoor entertainment areas. 3 En-suite bedrooms, open-plan kitchen with breakfast counter. Double garage
BERNICE KAYE 072 942 0548 ALEXA HORNE 082 349 7799
BERNICE KAYE 072 942 0548 ALEXA HORNE 082 349 7799
C L AR E M O NT U PPR - R 8 .9 M I L L I O N
K ENILWO RTH UP P ER - R 6.9 MIL L ION
Web Ref: RL10780
Web Ref: RL10395
SPACIOUS TOWNHOUSE
Fabulous entertainment areas in this well cared for home, offering an abundance of space & plenty of light. 5 Beds, 4.5 baths, 2 garages & excellent security plus staff accommodation
BERNICE KAYE 072 942 0548 ALEXA HORNE 082 349 7799
DREAM HOME
From the moment you enter you are mesmerized by the magic of this 3 bed, 3.5 bath home Spacious entertainment area set around a generous sized pool. Garaging for 3 cars
BERNICE KAYE 072 942 0548 ALEXA HORNE 082 349 7799
10 CAVENDISH STREET, CLAREMONT / 021 671 0258
WELCOME TO OUR WORLD - SOUTHERN SUBURBS N E WL A ND S - R 8 . 75 M I LL I O N
Web Ref: RL10696
NEWL AND S - R 7.4 MIL L ION
Web Ref: RL10681
CONTEMPORARY FAMILY HOME
LIGHT & BRIGHT TO WNHOUSE
Modern home with much to offer. 4 Bedrooms with 3 full bathrooms. Open-plan living area and spacious family room. Excellent security, double garage with direct access to the house
Ideal lock-up & go property in the heart of Newlands Village. Open-plan living with high ceilings, separate scullery and laundry. 3 Beds, 2 baths (m.e.s). D/garage with direct access
SANDRA EVANS 083 253 0115
SANDRA EVANS 083 253 0115
KE N I LWOR T H U PPE R - R 6 . 25 M I LL I O N
NEWL AND S - R 6.395 MIL L ION
Web Ref: RL10491
Web Ref: RL10471
STUNNING CAPE COD HOME
PAPENBOOM GATED ESTATE
Open-plan living with a modern kitchen. 3 Spacious beds en-suite, plus a separate studio with small balcony and views. D/garage, parking for 4 cars, excellent security and lush garden
North facing, light & bright lock-up & go. 2 Bedrooms both en-suite. Open-plan living area with gas fireplace, conservatory. Modern kitchen. Garden with plunge pool. Double garage
SANDRA EVANS 083 253 0115
SANDRA EVANS 083 253 0115
N E W L A ND S - R 9. 4 5 M I LL I O N
NEWL AND S - R 6.395 MIL L ION
Web Ref: RL10810
Web Ref: RL10435
E NCHANTING BEAUT Y IN P R IME P OS ITION
Sun-drenched spacious open-plan living room with French shutters. Open-plan kitchen & dining area that leads onto courtyard patio & plunge pool. 3 Bedrooms en-suite ideal for dual living
SANDRA EVANS 083 253 0115
S PACI OUS H OM E I N T H E H EA RT OF L EA FY N E W L A N DS
Large, bright & spacious 3 bed home in the heart of Hiddingh. Double-volume living area farmstyle kitchen. Large garage with loft-style storage & covered parking for 3 cars
SANDRA EVANS 083 253 0115 MATTHEW SCHRIRE 083 645 4583
10 CAVENDISH STREET, CLAREMONT / 021 671 0258
WELCOME TO OUR WORLD - SOUTHERN SUBURBS NEWLANDS - R 5 0 0 0 0 MONTHLY
Web Ref: RL10955
HOUT BAY - R 40 000 MONTHLY
Web Ref: RL9471
AT T R AC TIVE AND A MP LE 5 BEDR OOM DOUBLE STOREY
Amazingly spacious, sunny & wonderfully comfortable home with large bedrooms & reception rooms, modern bathrooms & kitchen. Pool, entertainment patio & double garage
JENNIFER OERTEL 083 363 3697
KENILWORTH UPPER - R 4 5 0 0 0
LIVE ELEVATED BEYOND TIME AND SPACE AT SKY VILL A
Rarely is one offered the opportunity to live in a 3 bed, 3 bath home suspended in a cradle of light with 360° panoramic views of mountains, forest, beach and ocean. Double garage
JENNIFER OERTEL 083 363 3697
NEWLANDS - R 22 000 MONTHLY
MONTHLY
Web Ref: RL10679
Web Ref: RL10601
TRADITIONAL FAMILY HOME
QUAINT 2 BEDROOM HOUSE
6 Bedrooms, 4 bathrooms and kitchen has Smeg oven, separate scullery and laundry 2 Garages with plenty of parking. Staff accommodation, storeroom and excellent security
2 Beds and 1 bath. Living room is cozy with a traditional fireplace. Open-plan kitchen and dining area that leads out onto patio garden. Flatlet and parking for 1 car
TESSA HUND 072 133 5576
TESSA HUND 072 133 5576
CONSTANTIA UPPER - R 6 0 0 0 0 MONTHLY
NEWLANDS - R 39 000 MONTHLY
Web Ref: RL10544
Web Ref: RL5019
ST UNNING, SPACIOUS, FUR NI S HED FA MI LY HO M E
Family lounge & dining room leading onto patio & pool area. 4 Beds (all en-suite), balcony & wine cellar. 3 Garages. Fully walled with remote controlled gates & alarm systems
PATSY FIVELMAN 082 443 2506
A GEM NOT TO BE MISSED
Stylish open-plan living area with inviting slow burning fireplace, leads onto a small garden Open-plan kitchen & separate scullery. 3 Spacious bedrooms all en-suite. All high-end finishes
PATSY FIVELMAN 082 443 2506
10 CAVENDISH STREET, CLAREMONT / 021 671 0258
PROFIT ON PROPERTY SALE … ALSO ATTRACTIVE FOR SARS
BE WELL ADVISED BEFORE SIGNING THE SALE AGREEMENT Capital gains tax (CGT) becomes relevant when you sell an asset. The impact of the CGT liability on the sale of immovable property is specifically noteworthy because of the generally high value of property and the profit (gain) realised. CGT liability has its own ripple effect in instances where the property is sold after many years’ of ownership, especially when that property has continued to increase in value. Imagine a property bought in Sandton, Johannesburg or in Camps Bay, Cape Town some 25 years ago for R100 000. Due to the popularity and growth of the specific neighbourhood, the property may now attain a selling price of many millions of rands, attracting a significant CGT liability. Many property transactions may, on the other hand, not result in a liability to pay CGT. Understanding how this liability can affect your sale is therefore beneficial and the most important aspects are highlighted here. CGT BECOMES PART OF THE INCOME TAX LIABILITY OF INDIVIDUALS, TRUSTS AND COMPANIES. CGT is triggered when you (individual, company or trust) make a profit from selling an asset, such as your property. As a South African tax resident, you will be liable for CGT on the sale of assets located in and outside South Africa. If you are a non-resident, you will generally only be liable for CGT on the disposal of immovable property owned here.
CGT IS NOT A FLAT TAX RATE. A portion of the profit made is added to your annual income and you are taxed within the tax bracket that applies in respect of that annual income. HOW IS THE ‘GAIN’ CALCULATED? A simplistic example to calculate your capital gain, would be to take the original purchase price of your property, add any capital improvements or expenditure and then subtract that amount from the selling price (after deducting agents commission and the cost of acquisition). The final value will represent your capital gain. For example: If you purchased a property for R1 000 000, spent R500 000 on improvements and then sold the property for R2 000 000, your capital gain would be R500 000. THE PORTION OF THE GAIN INCLUDED IN YOUR ANNUAL INCOME. Only part of the gain made from the sale of the property is added to the amount of your annual income. The percentage of the gain included in the seller’s annual income, is as follows: • 80% where the seller is a company or trust; • A maximum of 40% where the seller is a natural person. THE LONG AND SHORT OF THE PRIMARY RESIDENCE PARTIAL EXCLUSION. In many instances CGT liability will not become relevant for a seller, as there exists a partial exclusion on the sale of a primary residence. The first R2 million capital gain
or loss is exempt from tax only where the property has been the seller’s primary residence. (If the property was not your primary residence for this entire period, or was only partly used as primary residence, the exclusion is adapted accordingly.) Please note that this partial exclusion is only applicable when the primary residence is registered in the name of a natural person owner. NON-SOUTH AFRICAN TAX RESIDENT SELLING A SOUTH AFRICAN PROPERTY. Non-South African residents can either pay a statutory withholding tax, which ranges between 7.5% - 15% (depending whether the seller is a non-resident entity or natural person) of the total selling price, or the actual tax amount. Generally, the actual tax liability is less than the withholding tax and we assist our clients to obtain a directive from the South African Revenue Services before registration of transfer, so that the correct amount is collected upfront and paid to the fiscus. This withholding obligation will be applicable on all sales by non residents where the purchase price exceeds R2 million. Clearly a myriad of considerations are at play when a property is sold and assistance in a transaction from experienced professionals, is to your absolute advantage. For assistance with the sale of your property and advise on your CGT position, contact STBB Directors Darren Brander at darrenb@stbb.co.za or James Phillipson at jamesp@stbb.co.za for expert assistance.
stbb.co.za Commercial Law | Conveyancing | Development Law | Labour Law | Estates | Family Law | Litigation | Personal Injuries & Third Party Claims
Cape Town Claremont Fish Hoek Helderberg
T: 021 406 9100 T: 021 673 4700 T: 021 784 1580 T: 021 850 6400
Blouberg Tyger Valley Illovo Fourways
T: 021 521 4000 T: 021 943 3800 T: 011 219 6200 T: 010 001 2632
Centurion Bedfordview East London
T: 012 001 1546 T: 011 453 0577 T: 043 721 1234
The Waterclub offers an exclusive lifestyle of tranquility, security & beauty on the water's edge. Mouille Point, Web Ref: RL11000
EKASIE | 31
All the conveniences of modern living.
Co nte m pora r y a r chi te c t ura l d e si gn r e fl ecti ng cl ean l i nes and s eam l es s flo w. Nestled in the heart of Claremont Upper, we present four contemporary freestanding residences that effortlessly merge beautiful contemporary design with security, privacy and convenience. Each unique unit comprises a direct-access double garage, generous open-plan living, dining and kitchen space, guest cloakroom on ground level which opens to a private garden space with swimming pool. At first floor level are 3 en-suite bedrooms and a pyjama lounge or study. Priced from R6.995 Million (VAT Incl - No transfer duty)
Paul Upton +27 (0)71 610 8088 oakwood@dogongroup.com
RUN AWAY WITH LIFE
Inspired to enable a fast-paced lifestyle, this unprecedented development features nuances of brilliant decor, mesmerising construction, and gives you everything you need, without having to sacrifice on convenience or comfort. Get your ticket to the good life - you will love the vibe while you live it up.
ON SHOW UNIT AT THE POINT, 8TH FLOOR, 76 REGENT ROAD, SEA POINT (ENTRANCE VIA CASSELL ROAD).
Exclusive homes in one of the most sought-after residential locations This exciting new development, situated at Pine Road in Kenilworth Upper, features eight exclusive, upmarket three-storey freehold homes, which have been skilfully designed by leading architect Kevin Gadd to exacting standards, with features that promise a luxurious lifestyle in one of the most in-demand areas in Cape Town. Priced from R4.99 - R6.495 Million (VAT Incl - No transfer duty)
Paul Upton +27 (0)71 610 8088 Lesley Rensburg +27 (0)61 439 8225 Matthew Schrire +27 (0)83 645 4583 pineterrace@dogongroup.com
Wellness
MADE WITH LOVE BY FOWZ
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Hand crafted Aromatherapy soaps Fowz’ love for pure essential oils and her passion for all things pure, natural and organic gave birth to Made With Love - a boutique business which produces hand-crafted luxury aromatherapy soaps infused with pure essential oils.
“Essential oils are used widely in aromatherapy to support health and well-being. They can create and alter a mood. I wanted to create a soap bar which gave the purchaser an opportunity to experience calm, balance, a feeling of upliftment and a sense of wellbeing.” Made With Love soaps are created using pure essential oils and vegetable derived glycerine, with additives such as salt, oats and poppy seeds as natural exfoliants, organic herbs, botanicals and spices, as well as natural pigments and dyes. Fowz sources her natural
“I had made soaps for a few
ingredients from her own
years as gifts for family and friends
indigenous garden as well as a
and received fantastic reviews and
prolific herb garden. Small weekly
feedback about the gorgeous scents
batches of soaps are crafted and
and beautiful feel on the skin. When
individually packaged in tissue or
Covid struck and South Africa went
paper. No plastic packaging is used
into lockdown, I decided to market
and no artificial fragrances. Free
and sell my soaps on social media,”
Collections in Cape Town. Shipping/
explains Fowz. “I have enjoyed
Courier charges apply for nationwide
wonderful support for my products.”
and international shipping. Contact Made With Love on Whats App number 0827738586 or connect through Facebook through Made With Love @byTheFowz and Instagram at madewithlovebyfowz.
EKASIE | 36
When purchasing a new property the issue is often raised whether to place the property under the control of a Trust or to register same in the Purchaser’s personal name. The answer to the above question would be determined by the particular situation and there are advantages and disadvantages to both options. A Trust is created by a Founder and the assets owned by the Trust are controlled and managed by nominated Trustees on behalf of and for the benefit of the Beneficiaries. A Trust created in terms of a Will comes into effect on the death of the Founder and is called a Mortis Causa Trust whereas a Trust created during the Founder’s liftetime is an Inter Vivos Trust.
IT’S ALL
ABOUT TRUST
A Trust can be costly to open and to administer and there is a large responsibility on the Trustees to act with care, diligence and skill. Legislation in South Africa can also change in the future which could make the benefits of holding property in a Trust less desirable.
If your property is owned by a Trust the asset is protected and can never be attached or seized by a creditor as it does not form part of one’s personal estate. This will be an important advantage for individuals who have a greater risk of liability and in such cases this advantage will outweigh the fact that on the sale of the asset the Capital Gains Tax will be far higher than if the property was owned in one’s personal capacity. Not only is the Capital Gains Tax rate higher but one cannot rely on the R2 000 000.00 exemption afforded to a primary residence. Due to the fact that the property is not part of one’s personal estate, on death the asset does not need to be transferred to any heirs. This avoids the payment of estate duty (20%), transfer costs and executor’s fees (3.5%). A deceased estate can take months to wind up, however, when a trust is involved there is no change that takes place on the death of the Founder, Trustee or Beneficiary. There is a seamless continuation on death and no costs or admin is required. Other advantages to a Trust include the fact that a farm cannot be owned by more than one person, however, if the farm is owned by a trust there can be several beneficiaries. Further, Trusts would be an advantageous vehicle for people who are incapable of managing their own affairs, for example, minors. In light of the above, it is advisable for a Purchaser to consider the matter and to make an informed decision based on his/her specific needs.
t: 021 433 0761
e: danielle@kalegal.co.za
WELCOME TO OUR WORLD
CAPE TO WN
DOGON GROUP FOCUSSING ON SALES, RENTALS & DEVELOPMENTS O U R R E L AT I O N S H I P - O U R S E R V I C E - O U R AT T I T U D E
HEAD OFFICE 021 433 2580
SOUTHERN SUBURBS 021 671 0258
Spacious studio with lovely balcony with views of the famous Clifton beaches. Clifton, Web Ref: RL10938