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15 MEI NEW DEVELOPMENT: Devmark is set to launch an exclusive new retire­ ment facility in Paarl, called Manor House. In its 23­year history Dev­ mark Property Group has become well­known for developing some of the Western Cape’s most sought­after retirement fa­ cilities, including Helder­ berg Manor and Heritage Manor in Somerset West. Manor House is located on Hospital Street in Paarl and is inspired by country house living. It offers 36 luxury living units set on three floors, including convenient un­ derground parking and direct access by lift. The accommodation available at Manor House includes studio apartments of 34m², which are priced from R695 000, and one­ bedroom apartments ranging in size between 44m² and 63m², which are priced from R935 000.

PROPERTY:ONLY 3% GROWTH EXPECTED IN NEXT FIVE YEARS

Renting a better short term investment DALEEN FOUCHÉ The profitability of property as a short term investment has declined according to property economist, Erwin Rhode. Rhode says his most recent findings suggest that short term investment in property will not produce spectacular capital growth, adding that renting a property may, in the short term, save the consumer money.

Rhode estimates that over the next five years, only 3% growth can be expected for property investment. He says this, coupled with inflation at 6%, will produce stunted short term growth. In a case study, Rhode looked at three scenarios to find out which scenario would be the most profitable in the short term. In the first scenario a property is bought with cash, in the second, the property is being rented and in the third scenario the property is bought with a 100% bond.

He says the first two scenarios had the best results. He concludes that the only way a short term investment in property is profitable, is if it is bought in cash. The reasons for the stunted short term growth, according to Rhode, includes the fact that banks have strict lending criteria and do not give 100% loans for property worth more than R600 000. A second reason is the extreme financial pressure under which consumers find themselves. But local estate agent and princi-

pal of Helderberg RE/MAX, Lee Siebert, argues that for the majority of potential home owners, property is a long term investment. She agrees that for the short term investor, buying property in cash is the best option, but adds that the average buyer is looking for a long term investment. Siebert says before the implementation of the National Credit Act in 2007, it was easier for the consumer to get their bond approved. She says now, people, especially first time buyers, seem to move away

from borrowing money from the bank and instead approach family members for financing Carl Nagel, residential team manager at Rose McFall Properties, says because the supply of property is very limited in Somerset West, he would recommend that consumers rather look at buying a property instead of renting. “Property has always been a good investment.” He says renting a property in Helderberg especially, has become very expensive.

STELLENBOSCH R4 699 000 _________________

STELLENBOSCH R3 995 000 _________________

> BEDROOMS 5 > BATHROOMS 5 > POOL

> BEDROOMS 5 > BATHROOMS 4 + 2 > GARAGES 2

Enchanting double story with old world charm. Perfectly positioned near town centre.

Prime property for the extended family. Easy flowing living areas and breathtaking views.

_______________________

_______________________

Cornette 082 569 9160 www.annabasson.co.za

Marí 082 927 3248 T:+27 21 887 4740

S

DALSIG

R5 900 000

Location, Location ... Immaculate. Exceptional finishes. Just perfect!

DIE BOORD

R3 280 000

Gesinshuis - idiaal gelëe in pragtige boomryke straat

WELGEVONDEN

R2 085 000

Goeie ligging in gewilde ontwikkeling. Pragtige afwerkings.

KRIGEVILLE

R1 620 000

Spacious 2 bedroom apartment. Renovated. Enclosed balcony.

HET BEGIJNHOF

R1 825 000

> Slaapkamer 2 > Badkamer 1.5 > Park 1 OP KAMPUS! Uitstekende ligging!

DENNEGEUR

R675 000

One bedroom apartment within walking distance to engineering faculty.


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Sole mandate helps you to sell at a better price is simply impossible for an agent to commit the resources required to attract these buyers to a listing if they do not have the security of a sole mandate. On an open mandate the best that an agent could do would be somebasicwebsitemarketing, the odd print advert, a A seller may be thinking board, and showhouses. that, in order to get the maxThis marketing is weak. Is imum exposure to the most it not part of a specially debuyers, it is best to list with signed marketing plan taias many companies as poslored to attract the right sible. It might sound like a buyers. And whilst it may logical conclusion – but the attract some buyers, it will reasoning is faulty, and the certainly not attract conclusion is wrong. Allow enough to create strong me to explain. buyer competition. There is only one condiThe other problem with tion under which a buyer open or joint mandates is will pay their maximum for that the agents involved a property – and this is Talking Property, by Steve will compete to get your when they have to compete Caradoc­Davies, principal property sold for any price, for it against other buyers. of Harcourts Platinum not the best price. If they Inordertoachievethisbuyer competition it is important for a seller get an offer they will urge you to accept to ensure that the marketing of their prop- it, not because it’s the best offer out there, erty attracts the right buyers to their list- but because if you accept another offer from another agent they will earn nothing. ing. Does it really make sense to select a sellThe “right” buyer is a buyer who is looking in the correct price range, has require- ing strategy that doesn’t allow the estate ments that are met by the listing, and has agent to commit the resources required to the financial ability to purchase the prop- attract the right buyers and create buyer competition? It makes even less sense to erty. So where do we find such buyers? Buy- put agents in a position where their motiers do not belong to estate agencies. There vation is to sell your home at any price so is only one pool of buyers out there and that they earn a fee, rather than the best they search for property in a number of price. On the other hand a sole mandate with ways: print marketing, Internet and website marketing, video, showhouses, and an estate agency that commits, in writing, boards, to name but a few. None of these to a professional marketing plan and inmethods can be ignored. The better the vests their resources in attracting the best marketing, the more of the right buyers buyers makes perfect sense. It costs you no more. All that’s required is commitwill be attracted. The reality is that this marketing comes ment.Committoasolemandatewithaproat a significant cost to the estate agent. It fessional estate agency and sell for more.

EXPERT OPINION

So why would you, as a seller, entrust the selling of your property to one estate agency on sole mandate? Would it not make sense to list on an open mandate, where many companies can bring buyers to your listing?

The Keller Williams, Somerset West team.

Keller Williams goes RED for charity RED Day stands for Renew Energize Donate. It is part of the Keller Williams Realty culture to give back to the community. This year is the first year Keller Williams Realty Somerset West celebrated RED day on 8 May. The team visited Garden Village Community Centre in Somerset West as well as La Clemence old age home in Stellenbosch. There was entertainment and a nice meal for the elderly, fun for the pre-school kids, after-care kids had pizza and were entertained by Johan Laten. The Keller Williams Team made and furnished a reading room for the kids. The playground equipment got a new lease of life with some paint and new toys. The grass was cut and cement table and chairs supplied. A piece of ground was transformed with new grass, fruit trees and plants. “This was a great team effort from all the associates from Keller Williams Realty Somerset West,” says Wayne Heidmann, regional manager.

The Keller Williams is hard at work creat­ ing a garden at the Garden Village Com­ munity Centre.


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Have your say in planning issues The proposed draft Municipal Planning Bylaw for the City of Cape Town is suggesting changes to the property, planning and development environment in Cape Town. It also proposes a tougher approach to enforcement of land use, building and development regulations. Interested and affected parties are invited to participate in a public participation session, where submissions can be made. It will be held at the Cape Town

Council Chambers on 20 June from 09:30 to 15:00. To RSVP and for enquiries relating to the draft Municipal Planning Bylaw, please contact Rossouw Smit on 021 400 6724 or via e-mail to Rossouw.Smit@capetown.gov.za The draft Municipal Planning Bylaw is available for viewing on the City of Cape Town website: www.capetown.gov.za/ haveyoursay, at Subcouncil offices and at City libraries.

Biggest and Best Property guide in the Boland

SOLD bied die grootste en maklikste toegang tot die mark vir eiendomkopers en -verkopers in die Boland.

021 841 4285

021 887 2840 021 870 4600


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FIREBLADE SP: EXTRACTING THE VERY BEST FROM EVERY RIDER

Honda launches CBR1000RR SP QUICKPIC For 21 years Honda has pursued a concept of “Total Control” with the Fireblade, after rewriting the rulebook in 1992 with the original CBR900RR. Over the last decade the CBR1000RR has developed into perhaps the most balanced Super Sport machine available, combining exceptional performance and handling with a satisfying ability to extract the very best from every rider. Victories in the World Super Bike (WSBK) championship and all-conquering success at the Isle of Man TT, with average lap speeds of 130 mph plus over 37,73 miles over the mountain course, is testament to the CBR1000RR’s innate capacity. The open-class CBR has built a loyal army of fans around the world over two decades especially with over 200 000 sold, throughout Europe. And in response to demand from hard-core performance enthusiasts, Honda for the very first time in 2014 is producing the CBR1000RR Fireblade SP. A track-focused, yet fully road legal, limited edition Sport Production version of the standard bike that not only looks special – it is special. In Japanese to give something ‘edge’ is to add polish. And for the dedicated track day goer that’s exactly what the CBR1000RR Fireblade SP has been given: “Total Control” with an extra edge. The chassis wears circuit-ready front and rear Öhlins suspension plus Brembo four-piston mono block calipers, with frame revisions and new top and bottom yokes to suit. Pirelli Diablo Supercorsa SP tyres are the finishing touch. The 999.8cc inline four-cylinder engine gets the same updated cylin-

The CBR1000RR SP’s 999.8cc, 16­valve inline four­cylinder engine has the same cylinder head updates as the standard machine. PHOTO: QUICKPIC der head as the standard 2014 CBR1000RR Fireblade, with improved inlet/exhaust gas flow and combustion efficiency, and an extra 2 kW peak power boost. However the SP features factory-matched pistons and con-rods, to ensure optimum internal balance. As a track-focused machine there’s no provision for a pillion and a sleek single-seat unit saves weight. Further marking the SP version out from standard is its own unique Tricolour paint – white and two-tone blue, with a central red stripe and trademark Honda gold wheels.

At 35 mm (from 38 mm) the exhaust pipe diameters are smaller, increasing torque and a new vertical connecting pipe balances pressure between cylinders two and three. Peak power of 133 kW – up 2 kW – arrives at 12 250rpm; torque is improved in the 4-6 000 rpm area, peaking with 114 Nm delivered at 10 500 rpm. The CBR1000RR SP’s 999.8cc, 16valve inline four-cylinder engine has the same cylinder head updates as the standard machine. The inlet and exhaust ports have been reshaped and polished with the combustion chambers “gas-flowed” to

improve efficiency. The CBR1000RR SP uses a new “wave” design ignition key; it offers improved security and its compact size greatly reduces the chance of breakage. Also new is the fuel tank cap – it uses an improved breather design for better venting. Instrumentation is a multi-function LCD with a cockpit display dominated by the digital bar-type linear tachometer that scrolls left to right as engine speed increases. Beneath this are the main numerical readouts: gear position, coolant temperature, speedometer, clock/ lap time, trip/fuel efficiency/fuel

consumption and odometer/numerical tachometer. At the bottom of the display are lights for headlight high beam, neutral and indicators. Clear and easy to read in all light conditions, the tachometer has four display modes: Conventional, which uses black LCD segments to show current rpm; Reverse, which employs black LCD segments to show remaining rpm. Peak Hold indicates rpm in the conventional way and also leaves a tell-tale segment showing the peak rpm achieved while Single Segment uses a single block to show current engine speed. In addition the odometer may be switched to display engine rpm numerically. The lap timer features four modes. The display can also show fuel consumption, average fuel efficiency, distance travelled and total elapsed time. To assist debriefing after a session, lap-time recall mode shows the fastest lap time and the lap on which it was set. To ensure gear shifting at the optimum engine rpm, the 5-level shift indicator display uses highly visible white LEDs, adjustable for brightness. They illuminate sequentially as engine rpm rises, finally blinking at a chosen pre-set rpm (default is 13 000 rpm but this can be set between 4 000 rpm and 13 000 rpm). The interval between sequential illumination can also be set at 0,200 or 400 rpm. The Honda CBR1000RR SP is sold Standard with: • Complimentary Rider Training course through the Honda Academy •12 Months Free Roadside Assistance •24 Month unlimited KM warranty Dealer recommended sales price is R189 990


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Boland Sold 20140515