Property360 - National Digital Magazine - 23 October 2020

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PICTURE: CRAIG WHITEHEAD

WHERE TO NOW F O R S A’ S RETIREES? PA G E 3

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MAKING DECISIONS FOR THE FUTURE Modern mature-lifestyle villages place the well-being and contentment of their resident firsts,and so usually allow pets and emphasise the importance of home-based medical care rather than frail-care facilities

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Q: IF I can afford both a life right and to buy a unit outright, which option is best? What considerations should be made when deciding?

A: This depends on the individual as there are benefits to both models. Life right is more affordable but outright purchase provides capital growth on one’s investment. – Phil Barker, managing director of Renishaw Hills A: There is no one answer to this question – it is a personal matter. Life rights hold significant advantages that should be investigated by those looking for a troublefree retirement without the hassles and costs related to owning, maintaining and disposing of a property. – Rob Jones, retirementliving consultant to The Somerset Lifestyle and Retirement Village Q: Why is it important to choose a facility with a frail-care centre if I am not at that stage? Why could I not just move to a frail-care facility when I need it?

A: Our preferred model is home-based care.

Moving to a frail-care facility when one needs it is always an option. – Phil Barker, managing director of Renishaw Hills A: A care centre is not an absolute requirement for a retirement village, but if there isn’t one, a viable alternative like good home-based care must be available. The village should have an arrangement with a local frail-care centre for when you may require care due to mental or physical circumstances that make care at home either impossible or too expensive.

We should not move to retirement villages only when we need them – it is preferable to form a social group within the village before you are frail, so that you have friends and acquaintances nearby in old age. – Rob Jones, retirement-living consultant to The Somerset Lifestyle and Retirement Village Q: What happens if my spouse and I move to a village together and then one of us at some stage needs more care than the other? Would we have to live separately in different parts of the village or can we still live together?

Modern retirement villages need to be pet friendly for the benefit of their residents. PICTURE: ANGELINA LITVIN

A: This is one of the major advantages of home-based care. Loving couples can live together for much longer. – Phil Barker, managing director of Renishaw Hills A: Ideally, you would simply have care provided in your home for each of you, as needed, and there would be no need to be separated. Financial, physical or mental

circumstances may arise that require one of you to move to a care centre, in which case hopefully there is such a facility within the village or close by. – Rob Jones, retirementliving consultant to The Somerset Lifestyle and Retirement Village Q: I am very attached to my pets and cannot imagine living without them. What are the chances of finding a retirement home that allows pets?

A: Most modern mature-lifestyle villages allow two small dogs as well as caged birds, as we do at Renishaw Hills. The more traditional models often do not allow pets. – Phil Barker, managing director of Renishaw Hills A: Many villages including The Somerset Lifestyle and Retirement Village allow pets – even in ground-floor apartments. These pets must be registered with management but are a wonderful part of life over 50. – Rob Jones, retirement-living consultant to The Somerset Lifestyle and Retirement Village A: Pet policies are vitally important for retirees and being pet-friendly is a must in the retirement market. The companionship that pets offer is an important part of everyday life and is also great way for residents to keep fit and active. – Kevin Swart of Cenprop Real Estate – developers of Lazuli Coastal Retirement Estate Q: My adult children and my grandchildren live in a different town to me. I love and miss them and want to live close to them. But I also have friends in the area I live. Should I move into a village/ home in my area or where my family are?

A: We always caution about following your children as they have their own lives and may uproot and move on, leaving you stranded in an area where you do not have friends.

However, any reputable mature-lifestyle village will facilitate a community lifestyle where one makes many new friends. – Phil Barker, managing director of Renishaw Hills A: The old adage is “Never follow your children”, and the reason is that while you have limited income and may be able to move once to their town, their lives are just getting started and they will most likely move several times over the years. Better to arrange visits and establish yourself in a community that is stable and where you can set down some roots, earn some money and practise some pastimes, sports and hobbies. – Rob Jones, retirement-living consultant to The Somerset Lifestyle and Retirement Village

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Changes coming to retirement villages

Letter from the editor away when you are young. But it

Covid-19 will prompt modifications to the way estates function, with more home-based care and a different approach to frail care, say experts

has a way of creeping up on you.

BY BONNY FOURIE bronwyn.fourie@inl.co.za

OLD age can seem a far way

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As a young girl, we had an old age home across the road from my school and I’d often venture in there to read to the elderly or just listen to their stories.

I have no idea why I went in the first place – perhaps avoiding an afternoon class – but it became a regular occurrence.

It certainly wasn’t the most joyful place for those elderly, who’d had such rich and diverse lives, to be.

Which is why I am particularly thrilled about the new road retirement living has taken!

Now retirement villages are places people come to live and enhance their lives, many still working or taking up second or third careers.

The addition of frail care facilities means that you don’t Modern villages are following the worldwide trend towards professionally managed home-based care to allow retirees to live in their own homes.

PICTURE: PHILLIP GOLDSBERRY

have to, at a vulnerable stage of your life, be taken to a completely different place for care.

In fact, so stunning are some of these retirement villages that I think the younger generation wish they’d lower the entrance ages – most having 55 as a starting point.

These oases are a far cry from those dark old age homes of before.

It also makes me think of this saying: “If the world doesn’t have what you want, go out and create it.”

I think the retirement living world has shown us this in action.

I also look forward to seeing how retirement living will continue to morph in the years ahead.

Here is to the older generation! Thanks for laying the path for us.

Warm regards Vivian Warby vivian.warby@inl.co.za

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HE COVID-19 outbreak in South Africa and the lockdown that followed had a detrimental effect on the country’s retirees, changing their ways of life and the operational processes of the retirement villages they live in.

Considering the risks associated with contracting the virus – and other future viruses – for the elderly, these shifts will no doubt have to become the new normal in retirement accommodation and be factored into new village designs.

During the height of the pandemic, says Kevin Swart of Cenprop Real Estate, developers of Lazuli Coastal Retirement Estate on the KZN North Coast, the number of people attending care centres across the province “dwindled markedly” as retirees moved into home-based care or temporary assisted living.

This is a movement that he believes will become “more of the norm”.

“People are more comfortable with being treated in their own spaces where that is possible.”

Access to open spaces was also appreciated during the pandemic with many retirement village residents welcoming such offerings during a time when they could not leave the estate except to purchase basic necessities.

This means common areas and green spaces within estates would become “key features of differentiation”, he says, adding: “Freestanding units with their own gardens will also be a key point for new purchasers.

People who found themselves in apartments with limited ability to move around clearly felt the effects of the pandemic more seriously.”

Phil Barker, managing director of Renishaw Property Developments, developers of

AFRICAN NEWS AGENCY

Renishaw Hills on the KZN South Coast, says the pandemic and lockdown is a “difficult time” for all retirement villages, with many advising that a significant number of residents suffered from anxiety and depression.

“We communicated with residents regularly and monitored those who were suffering the most stress through not being able to have family visits.

“We closed all our communal facilities but, fortunately, our units have relatively large gardens and many of them are surrounded by open green areas, across which residents could maintain social contact.”

Echoing Swart’s observation about home-based care, he says: “Our model of home-based nursing care is a winner in this type of situation, rather than the traditional frail-care model.”

In fact, the provision of health-care facilities is the biggest change being seen – and needs to be made – in the design of retirement villages.

“The traditional frail-care model has become prohibitively expensive and requires increasing financial support, either from the resident population or from an outside benefactor, to remain financially viable.

Modern villages are following the worldwide trend towards professionally managed homebased care.”

This model, Barker says, will include a clinic staffed by professional nursing staff and a small “emergency” frail-care facility, “but the main care is performed by registered care givers in the comfort of one’s own home, supervised by the professional nursing staff”.

Rob Jones, retirement-living consultant to The Somerset Lifestyle and Retirement Village

in the Western Cape, agrees: “Retirement villages will retain many of the same elements that they have had until today, however, those services will need to be offered in a very different way than before. Gone are the days of regimented, institutional frail-care units, run in a hospital-like fashion.”

Another change being seen is the disappearance of the “onerous compulsory levies” that require residents to take all main meals in the communal dining room. A number of new services are also arising.

“The reason for these changes relates to the modern crop of retirees – many of whom are still very active and who often do not selfidentify as ‘old’, even though the corporate world no longer thinks it needs them.”

To cater for these evolutions and ensure that elderly residents still receive the care they need, Barry Kaganson, chief executive of Auria Senior Living, says the “big trend” both here and overseas is to offer various wellness features within senior living facilities.

These include fitness programmes; healthy eating plans and options; planned social activities; lifelong-learning courses; volunteer opportunities and wellness education workshops.

“In addition, from a design perspective, senior living communities are now attractive, modern and appealing places to live, underpinned by the requisite operational and hospitality services.

“Availability of care and support is critical as people live longer, and aspects such as dementia care need to be addressed...People also want choice as to how their care and support is delivered and senior living operators must cater for this,” he says.

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 Editor Property Bonny Fourie bronwyn.fourie@inl.co.za Design Kim Stone kim.stone@inl.co.za

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Moving into a retirement home can be a difficult decision for families and their elderly loved ones to make.

PICTURE: HARLI MARTEN

WHEN AND HOW TO HAVE THE ‘NEXT STEP’ TALK

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At some point retirees and their families have to make decisions about living arrangements for the older generation – and this can be a touchy subject for all concerned – but experts say there is a tendency to have the big discussion too late

BY BONNY FOURIE bronwyn.fourie@inl.co.za

OVING into a retirement facility can be a tricky topic to broach, particularly with elderly people who do not feel they need to be cared for.

This can often lead to friction in families, with adult children and their parents at opposite ends of the discussion.

Even though modern retirement villages cater for active retirees – and even those still in their 50s – the discussions can be difficult.

Kevin Swart of Cenprop Real Estate, developers of Lazuli Coastal Retirement Estate on the KZN North Coast, says fortunately multi-generational estates with pocket villages for retirees are becoming more popular. Such estates allow people to live separately within the same estate but still have easy access to family members for socialising and allimportant babysitting.

In most instances, though, this multigenerational living will not be an option and so retirees and their families will need to make a decision in the best interests of everyone.

Knowing when it is time to make the move Phil Barker, managing director of Renishaw Property Developments, developers of Renishaw Hills in KZN, says it is a very subjective decision and one that is often taken when loved ones’ health starts to fail. His experience is that the vast majority of people leave it later than they should.

“The increase in stress levels of moving home is directly proportional to the age of the mover.

Everyone handles stress differently, so this is not a universal law, but moving at 65 is generally far less stressful than moving home at 75. One needs to be proactive and understand that age-related illnesses come upon one suddenly.

“The retiring baby-boomer generation is more proactive in this regard and there are more and more people moving into maturelifestyle villages in their late 50s and early 60s,

which is the ideal time, remembering that modern villages cater for an active lifestyle.”

While agreeing that this is a “very personal matter”, Rob Jones, retirement-living consultant to The Somerset Lifestyle and Retirement Village in the Western Cape, says one should watch out for one or more of the following warning signs: ◆ Living alone is not necessarily a problem, however, living alone in a location that is not secure is a concern ◆ If the activities of daily living are proving more difficult, consider a move to a location that offers slowly increasing services like laundry, cleaning, shopping, personal care and garden maintenance.

Approaching the subject with elderly parents The issue is a sensitive one for many people and so everyone approaches it differently.

While honesty is the best policy, Jones says families often mistakenly push their parents into situations that are not optimal for them but are rather in their own best interests. This needs to be avoided.

“It helps to visit the village yourself first and become acquainted with the facilities and staff. If you would be happy to live there, your parents most likely will too.”

He advises adult children to prepare a comparison of their current situation versus what it will be like when they are in the village – a “balance sheet” that contains all the pros and cons – not just the financial matters.

Barker suggests families encourage elderly loved ones to visit friends or relatives who have made the move.

“Current residents of mature-lifestyle villages are their brand ambassadors.”

Living with family or in a retirement village While, again, every person’s personal

circumstances are different, Barker says that, generally speaking, no one likes being seen as being dependent on others.

“Residents of mature-lifestyle/retirement villages have their independence as the facilities and community life revolve around this requirement.

“It is the loss of independence which most people find demeaning.”

Living with family has been done for centuries but the challenge for older people, Jones says, is understanding that the home is not their own.

For the adult children the challenge is making their parents feel “at home”.

“Unfortunately, because family members know each other so well, there is the risk that they take each other for granted and expect unreasonable things of each other,” he adds.

Choosing the right village Barker advises prospective purchasers to visit at least five villages to make comparisons.

“We propose that the prospective purchaser draws up a comprehensive list of questions that should be satisfactorily answered by the salesperson. The list will be long but should always start with security, which is absolutely paramount.”

He says a wall or electrified fence and gatehouse are not sufficient.

“Security must include 24/7 CCTV monitoring of the fence line in a professionally operated control room with an armed response back-up. Thermal cameras are always preferable to optical.”

Other questions to ask relate to health-care provision, the monthly levy and what it covers, community life and facilities, and the financial strength of the body corporate. Buyers must obviously also check that prices and payment options suit their budgets, Barker says.

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6 signs it might be time to consider a senior living community

Auria is setting a new benchmark in continuing-care community living for the over 70s.

BELOW & BOTTOM: Auria provides for the intellectual, emotional, social and physical needs of its residents, in attractive and well-located environments.

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ECIDING to move to an assisted-living environment for seniors can be a difficult and emotional process for retirees, couples and their adult children.

It can also be difficult to know when is the right time, says Barry Kaganson, chief executive of Auria Senior Living.

He identifies six signs that it might be time to consider a move: Declining ability to manage the activities of daily living Many older adults are perfectly able to look after themselves, but for others, age comes with a declining ability to manage what we call the activities of daily living (ADLs). There may be a variety of ADLs that seniors need help with as they get older. They may stop cooking for themselves, stop eating properly, forget to take medication or neglect their personal hygiene, among other things.

Senior living environments such as Auria communities provide support for activities of daily living in a sensitive and caring manner.

“Proper balanced nutrition, exercise programmes and carers who are on hand to assist with basic daily activities are all available in our senior living environments. Appealing and balanced meals prepared by Auria’s chefs ensure regular nutrition.”

Safety concerns Mobility and general safety are also important to consider, with falls being of particular concern. Kaganson cites World Health Organisation reports that falls are the second leading cause of accidental or unintentional injury deaths worldwide.

Adults older than 65 years suffer the greatest number of fatal falls, and 37.3 million falls severe enough to require medical attention occur each year.

“While falls are not the only safety

concern, they are significant enough to warrant attention. In our communities, we provide exercise programmes focused on agility and fall prevention for all our residents.

“Residing in a senior living community also means that people have much readier access to assistance and emergency response in the event of a fall. A swift response generally results in a better outcome.”

Trouble with administration and home maintenance As one ages, it understandably becomes harder to keep up with the demands of home maintenance. It can also become overwhelming to handle administrative tasks such as managing bills and banking, especially in our increasingly complex and busy world.

“If you notice that your loved one seems to be struggling to keep their home clean and well maintained, or that they are becoming overwhelmed by administrative tasks, this is a sign that they would benefit from living in an environment where much of that concern is removed,” he says.

Isolation or loss of interest in activities Increased isolation, reduced contact with friends and family, or a loss of interest in social activities, exercise or creative pursuits can also be warning signs.

Isolation, in particular, can be a risk factor for early mortality and can be exacerbated by a person’s difficulties with mobility, hearing or cognitive decline.

Kaganson says it has been shown that older adults who regularly have the opportunity to socialise, take part in stimulating activities and who feel part of a community, experience better overall health.

“This is one of the considerable benefits of living in a senior living community, where programmes for exercise, social contact, crafts, hobbies and other activities are in place.”

Carer stress When a spouse, adult child or other carer is finding it impossible to meet the many needs of a senior without considerable stress to themselves, it is time to consider moving. He adds that while many caregivers and families make every effort to keep their loved ones in familiar and comforting environments for as long as possible, many of the above factors can put undue stress

on a single carer and would be better handled by a team of professionals.

“This doesn’t have to mean being consigned to a ‘nursing home’. We are highly conscious of the need to preserve quality of life and operate with the philosophy that people deserve dignity, love and understanding at all stages of life.”

Signs of dementia Kaganson says each of the above, along with other factors, can contribute to, or be caused by, progressive dementia. There may be behaviour changes such as aggression, irritability or confusion. A person may become disoriented, forget things or even wander off and get lost.

With older adults being at greater risk for dementia (25% of people over age 80 suffer from some form of dementia), it is likely that some of these symptoms could point to dementia in a senior.

In addition to getting a diagnosis, it is important to make sure that the person is placed in an environment where their needs can be fully met without compromising their quality of life, he says.

No need to compromise One of the factors that could prevent couples from moving to an assisted living environment sooner is the fact that one spouse feels their independence may be compromised – which is in fact not the case.

This is where continuing care retirement communities provide such an attractive option. One partner can still be fully independent while the other receives the assistance they need – their differing needs can be equally catered for in the same living environment, Kaganson says.

These living environments are structured as vibrant communities which cater for a range of needs.

Therefore, the spouse with better health is not compromised.

“It is important to think ahead about how both partners’ needs will change, especially if one partner may need assistance in the not too distant future.

“One of the best ways to set your mind at rest is to visit a senior living community, ask questions and find out what kind of care continuum is available.”

For more information on Auria Senior Living visit www.auria.co.za or call 087 654 8833.

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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.

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Call her for quick and efficient service Please feel free to contact Celestine at any time on 084 559 1786 | celestine@property360.co.za

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what’s new in the

Western Cape

PICTURE: GREG JEANNEAU

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

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what’s new in

Gauteng

Trains run under Mandela Bridge in Joburg. PICTURE: TEMBINKOSI SIKUPELA

TO ADVERTISE HERE Margi Marsland 084 591 9122 Shevon Philander 078 422 4925 Anne Reddy

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PICTURE: NICO SMIT

what’s new in

KwaZulu-Natal

TO ADVERTISE HERE Anne Reddy

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Larissa Marks 0 7 6 2 3 1 1 0 8 9 advertising@property360.co.za

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PRIME ESTATES

OFFI­CE 031 767 1217 www.primeestates.co.za

ON SHOW SUN 2 – 4:30PM

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SUE DINNIE 082 491 5822 www.capcubed.com

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 and 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.

Boards from Waterfall Centre to 44 Valley Drive.

Call ANN 072 425 9411 • Web: 109247540 VIEW BY APPOINTMENT

HILLCREST R2 275 000

RETIRE IN STYLE @ GREEN MEADOW COUNTRY ESTATE - PERFECTLY POSITIONED & PET FRIENDLY! I have 2 garden simplexes available - both owners emigrating. Each has 2 bedrooms, 2 bathrooms, open plan living area, extended sun-lounge, and a single automated garage. New Clubhouse and heated pool, set in beautifully landscaped gardens, library, hairdresser & gym. Fun activities held.

Call DEBBIE 082 903 2024

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ON AUCTION

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0861 444 769 info@in2assets.com www.in2assets.com

PORTFOLIO DISPOSAL

H UT SO

AUCT-001366

PORTFOLIO DISPOSAL

AD RO T AS CO

D S ROA BACU TO BE USED AS A GUIDELINE ONLY

Luke | 071 351 8138 AUCT-001361

Large Prominently Positioned Container Yard Near Durban Harbour 873 South Coast Road, Jacobs Extent ± 9 828 m² | Vacant occupation | Good access | Offices and workshops 1. 18 Nyala Road, Canelands, Verulam

2. Terra Nera Industrial Park, Off the M27 (Jabu Ngcobo Drive), Verulam

M4

JA CO BS

PORTFOLIO DISPOSAL

RO AD

DURBAN COMBINED AUCTION 18 NOVEMBER

Virend | 071 383 1735

Vacant Industrial Site Close to Durban Port 20 Industria Street, Clairwood, Durban Extent: ± 1 623 m² | Easy access to N2 Freeway, M4 & M7 Main roads | Situated within busiest industrial zone of SA

AUCT-001363

R102

Muhammad | 079 458 4256

Well Located Industrial Property in Clairwood 63 & 65 Bacus Road, Clairwood, Durban Total Extent: ± 1 520 m² | Easy access to the M4 | ± 600 metres from Jacobs Road Off Ramp | Easy vehicular access | ± 760 m² Level yard area | Ideal logistics or container yard

OTHER INVESTMENT PROPERTIES LISTED ON THIS AUCTION 8. 6 Abattoir Road, Glencoe, KZN

16. 7 Bush Shrike Close, Victoria Country Club Estate, Pietermaritzburg

9. Sections 1 & 2, 1 Simpson Place, Pinetown

17. Section 3 SS Meridian Park, 27 Meridian Drive, Umhlanga Ridge

10. Harry Gwala Road (Erf 4607), Cato Manor

Town Centre, Umhlanga Rocks

3. 58 Aloe Drive, Verulam

11. 5 Myrtle Road, North Industria, Pinetown

18. 1, 2 & 3 Khaled Road (Off Cliffdale Road), Assagay

4. 395 Dr Pixley Kaseme (West) Street, Durban CBD

12. 14 Gough Road, Wembley, Pietermaritzburg

19. 8 Lyn Road, Ferndale, Randburg

5. 5 Burnham Drive, Umhlanga Rocks

13. 9 Old Main Road, Kloof

20. Erf 2082 Shelly Beach Business Park, Shelly Beach

6. Sections 3-8 Bohemian Quarter, 37 Campbell Avenue, Greyville 14. 9 Brendon Lane, Westville 7. 24 Autumn Street, Rivonia, Sandton

15. 329 Sydney Road, Congella, Durban

LIVE STUDIO AUCTION 28 OCTOBER

1. 10 Minor Road, Little Chelsea, Greenbushes, Port Elizabeth 2. 229 East Street, Vryheid

3. 11 Restdene Road, Ashburton 4. 27 Rivonia Road, Illovo Point, Sandton, Johannesburg 5. 36 Elgin Road, Bryanston

21. Section 2 & 17 Cascades Office Park, 21 Cascades Crescent,

6. 6 Columbus Avenue, Eastleigh Ridge, Eastleigh 7. Section 62 The Point, 6 Marais Street, Bedfordview 8. Section 38 Olive Tree Cove, The Coves, Hartbeespoort 9. 32 Driesie Snyman Road, Panorama Park, Kingsburgh

Pietermaritzburg

NOVEMBER LIVE STUDIO AUCTION

25 NOVEMBER 2020

1. LIQUIDATION SALE - ± 1 655 Ha Irrigation & Livestock Farm, Limpopo 2. Corner of M57 & Porcelain Avenue, Clayville 3. 235 Mans Street, Withok Estates, Brakpan

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Livestock, Game & Irrigation Farm, Komga, Eastern Cape 238 Pampus Place, Morgan’s Bay, East London 243 & 244 Pampus Place, Morgan’s Bay, East London 245 Pampus Place, Morgan’s Bay, East London 6, 10 & 14 Bauer Road, Berlin, Eastern Cape ± 750 m2 Vacant Land, Katberg Eco Golf Estate, Eastern Cape

Auction Time: 11h00 | Terms: Refundable registration deposit payable. Strictly by bank guaranteed cheque or EFT. FICA Documents are required The Rules of Auction & CPA Regulations can be viewed at www.in2assets.com or at Unit 505, 5th Floor, Strauss Daly Place, 41 Richefond Circle, Ridgeside Office Park, Umhlanga Ridge. Bidders must register to bid and provide original proof of identity and residence on registration. The Rules of Auction contain the registration requirements if you intend to bid on behalf of another person or an entity. The above properties are subject to a reserve price and the sale by auction is subject to a right to bid by or on behalf of the owner or auctioneer.

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AUCTIONS AUCTIONS AUCTIONS AUCTIONS AUCTIONS AUCTIONS AUCTIONS PORTFOLIO DISPOSAL

WANT TO SELL WANT TO SELL WANT TO SELL WANT TO SELL WANT TO SELL WANT TO SELL WANT TO SELL YOUR PROPERTY? WANT TO SELL YOUR PROPERTY? WANT TO SELL YOUR PROPERTY? YOUR PROPERTY? YOUR PROPERTY? YOUR PROPERTY? YOUR PROPERTY? YOUR PROPERTY?

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YOUR PROPERTY? YOUR PROPERTY? YOUR PROPERTY? DURBAN COMBINED AUCTION 18 NOVEMBER 2020 PORTFOLIO DISPOSAL

PORTFOLIO DISPOSAL D OA TR AS O HC UT SO

PORTFOLIO DISPOSAL

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AUCT-001366 Luke | 071 351 8138 Large Prominently Positioned Container Yard Near Durban Harbour 873 South Coast Road, Jacobs Extent ± 9 828 m² | Vacant occupation | Good access | Offices and workshops CORNUBIA

TO BE USED AS A GUIDELINE ONLY AUCT-001361 Virend | 071 383 1735 Vacant Industrial Site Close to Durban Port 20 Industria Street, Clairwood, Durban Extent: ± 1 623 m² | Easy access to N2 Freeway, M4 & M7 Main roads | Situated within busiest industrial zone of SA

R102

AUCT-001363 Muhammad | 079 458 4256 Well Located Industrial Property in Clairwood 63 & 65 Bacus Road, Clairwood, Durban Total Extent: ± 1 520 m² | Easy access to the M4 | ± 600 metres from Jacobs Road Off Ramp | Easy vehicular access | ± 760 m² Level yard area | Ideal logistics or container yard

AUCT-001357 Luke | 071 351 8138 Large Industrial Property Close to Dube Tradeport 26 Nyala Road, Canelands, Verulam Extent: ± 2.4128 Ha | Large platformed yard, offices and workshops | Platformed yard: ± 22 000 m2 | Surrounded by Blue-chip companies Two options on auction: 1 - Bid to purchase | 2 - Bid to rent GREYVILLE RACECOURSE

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AUCT-001325

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Virend | 071 383 1735 AUCT-001369

MA IN RO AD

Virend | 071 383 1735 AUCT-001340

Fully Let Industrial Park With Re-development Potential Terra Nera Industrial Park, Off the M27 (Jabu Ngcobo Dr), Verulam Extent: ± 2.6929 Ha | Gross Annual Income: ± R1.9 Million | 800 AMPS power supply | Zoned: Light Industry | Re-development opportunity for National Retailer or Blue-Chip companies | Currently comprises mix use – mini workshops, retail, office and warehouse etc | Option to Purchase with neighbouring property – 58 Aloe Drive, Verulam

Re-development Potential on Main Road of Verulam 58 Aloe Drive, Verulam Site Extent: ± 15 614 m2 | Vacant occupation | Re-development opportunity for National Retailer or Blue-Chip companies | Currently comprises mix use – factories, office and warehouse etc | Option to Purchase with neighbouring property – Terra Nera Industrial Park

OPENING BID: R8 000 PER M2

POWER OF ATTORNEY

Virend | 071 383 1735 AUCT-001335

High Density Durban CBD Retail Investment 395 Dr Pixley Kaseme (West) Street, Durban CBD GLA: ± 620 m² | Gross Annual Income: ± R 2.3 Million | Current lease until 2024 | Quality tenant, going concern with excellent returns | Prime location exposed to mass markets | Situated within busiest trade zone of SA

Luke | 071 351 8138 AUCT-001334

Modern Colonial 9 Bedroom Mansion in Umhlanga 5 Burnham Drive, Umhlanga Rocks Extent: ± 1 343 m² | Prestigious address | 9 En-suite bedrooms | Currently run as a successful Guest House | Easily utilised as a large family home | Swimming pool and roof top Jacuzzi | Large kitchen and dining area | Could be reconfigured into two separate living areas

Virend | 071 383 1735

The Concierge Boutique Bungalows Sections 3-8 SS Bohemian Quarter, 37 Campbell Avenue, Greyville Total GLA: ± 692 m² | Fully operational with 4 Star Rating | 4 x Boutique bungalows | 12 En-suite bedrooms | ± 100 Seater restaurant or Café | ± 50 Seater conference or events venue | Modern and luxury fixtures and fittings | To be sold with all movable assets

SHEPS TONE ROAD

E ENU S AV OHN ST J

AUCT-001345

Luke | 071 351 8138 AUCT-001339

Multi-Tenanted A-Grade Commercial Investment 24 Autumn Street, Rivonia, Sandton Extent: ± 6 020 m² | 3 A-grade commercial buildings | Current Gross Annual Income: ± R 2.2 Million | Huge upside on current rental

Tom | 083 636 7800

State-of-the-Art Abattoir 6 Abattoir Road, Glencoe, KZN Export registered abattoir | Red Meat - Cattle | High throughput with 500 unit per day capacity | Recently built with modern equipment and an efficient layout

AUCT-001343

Muhammad | 079 458 4256

Prime Commercial Building Sections 1 & 2, 1 Simpson Place, Pinetown Section 1 Extent: ± 367 m² | Section 2 Extent: ± 358 m² | 19 Exclusive use parking bays | 150 Metres from Pinecrest Centre | Ideal conversion opportunity

AUCT-001342

Versatile Commercial & Industrial Opportunity Harry Gwala Road (Erf 4607), Cato Manor Extent: ± 1 241 m² | Student accommodation potential | 10 Student rooms already built | Approved plans for 44 student rooms | ± 1.5km from UKZN Howard College | Great retail site | Potential for industrial uses | Off-street parking | Basement level offices and parking

Luke | 071 351 8138 AUCT-001326

Prime Industrial Investment Property 5 Myrtle Road, North Industria, Pinetown Total Extent: ± 2 013 m² | GLA: ± 800 m² | Fully tenanted | Gross Annual Income: ± R531 K | Excellent exposure onto St Johns Avenue Easy access via the M19 Freeway | Ample on-site parking

Muhammad | 079 458 4256

AUCT-001358

Alan | 082 445 5048

AUCT-001362

KIN GC ETS HW JAN AYO HO FM HIG EYE HW RR AY OA D E LAN ON D N E BR AUCT-001344

Alan | 082 445 5048

± 191 m² Wembley Office 14 Gough Road, Wembley, Pietermaritzburg 9 Offices | Pristine condition | Sought-after area | Great security | ± 191 m² Buildings | ± 64 m² Carport | Includes generator

AUCT-001254

Luke | 071 351 8138 AUCT-001230

Blue-Chip Tenanted Investment Building 9 Old Main Road, Kloof Extent: ± 3 690 m² | GBA: ± 1 290 m² | Current Gross Annual Income: ± R 3.1 Million | Prime A-grade offices | Blue-chip tenants - Liberty Group & Rokwil | 70 Parking bays

Muhammad | 079 458 4256

Central Westville Office Building 9 Brendon Lane, Westville Extent: ± 2 144 m² | GBA: ± 430 m² | ± 21 Parking bays | Excellent exposure to King Cetshwayo Highway | Easy access from N3

AAA Office Block 7 Bush Shrike Close, Victoria Country Club Estate, Pietermaritzburg GLA: ± 1 828 m² | Leases in place | Stunning views | Investment opportunity

MA LIB ON GW ED RIV E

M13 AUCT-001360

Virend | 071 383 1735 AUCT-001365

Multi Purpose Retail & Industrial Property in Prime Location Section 3 SS Meridian Park, 27 Meridian Drive, Umhlanga New Town Centre, Umhlanga Rocks GBA: ± 1 266 m² | Vacant occupation | 62 Parking bays | Helipad | Double volume warehouse / workshop with offices | Prime location for End user

Muhammad | 079 458 4256

High Exposure Development Site 1, 2 & 3 Khaled Road (Off Cliffdale Road), Assagay Total Extent: ± 27 367 m² | Zoning: Business Park | High exposure and easy access to N3 and M13 | Ideally situated for high brand exposure and advertising

AUCT-001367

OPENING BID R2.8 MILLION

LYN ROAD Luke | 071 351 8138 AUCT-001368

Investor Opportunity 8 Lyn Road, Ferndale, Randburg Extent: ± 3 175 m² | Currently Builders’ supply depot with storage facilities, retail shop and offices | Good access and road frontage | 5 Year lease with further 5 year renewal | National Blue-Chip tenant | Gross Annual Income: ± R1.3 Million

Virend | 071 383 1735

Investment Property with National Tenant 329 Sydney Road, Congella, Durban GLA: ± 5 980 m² | Gross Annual Income: ± R3.6 Million | 5 Year lease with a further 5 year renewal | Warehouses, factories, showroom and offices

Luke | 071 351 8138 AUCT-000923

Development Site in Prominent Business Park Erf 2082 Shelly Beach Business Park, Shelly Beach Extent: ± 3.6488 Ha | ± 8 488 m² Usable space | Last remaining site | Motor showroom development opportunity | High exposure site | Blue Chip Business Park

Alan | 082 445 5048

Refurbished Office Unit Section 2 & 17 Cascades Office Park, 21 Cascades Crescent, Pietermaritzburg Extent: Section 2: ± 21 m² | Section 17: ± 250 m² | Vacant occupation Sold as a combined lot

Auction Date and Time: 18 November 2020 | 11h00 | Auction Venue: The Durban Country Club, Isaiah Ntshangase Road | Terms: R50 000 refundable registration deposit.

Strictly by bank guaranteed cheque or EFT. No cash. FICA Documents are required | Auctioneer: Andrew Miller

LIVE STUDIO AUCTION 28 OCTOBER 2020 GREENBUSHES

AUCT-001324

Brad | 073 757 9533

Industrial Opportunity 10 Minor Road, Little Chelsea, Greenbushes, Port Elizabeth Extent: ± 9,0670 Ha | Large family house | Workshop | Horse stables | 3 Flatlets | Zoning : Special purpose industrial (4 Hectares)

DECEASED ESTATE

DECEASED ESTATE

AUCT-001333

Tom | 083 636 7800

Quaint Four-Bedroom Family Home 229 East Street, Vryheid, KwaZulu-Natal Estate late: U Smart Masters Reference No. 005009/2019 4 Bedrooms with three en-suite bathrooms | 2 Outside storerooms | 2 Garages & 2 carports | Borehole with 5000L Jojo tank | Located at the base of Vryheid Hill Nature Reserve

AUCT-001336

Tom | 083 636 7800

Large Residential Property with Two Houses 11 Restdene Road, Ashburton, KwaZulu-Natal Estate Late: G.K Butler Masters Reference Number: 005281/2019 Extent: ± 2.7587ha | 2 Houses - 1 x 4 Bedroom & 1 x 2 Bedroom | Triple garage and triple carport | Beautiful gardens and pool | Borehole & 5x 5000L water storage tanks | Numerous Outbuildings

AUCT-001341

Luke | 071 351 8138

Two P–Grade offices in the prestigious Illovo Point building 27 Rivonia Road, Illovo Point, Sandton, Johannesburg 2 x Brand new Units | Unit 1 - Extent: ± 126 m² | Unit 2 - Extent: ± 200 m² | Prestigious P-grade Building | Balcony with exceptional views | Brand new offices surrounded by blue chip companies | Prime position 16-storeys higher than Sandton | Situated between two of the biggest business districts in Johannesburg

Auction Date and Time: 28 October 2020 | 11h00 | Visit https://auctions.in2assets.co.za to register for this auction | Terms: R50 000 refundable registration deposit. Strictly by EFT. FICA Documents are required | Auctioneer: Andrew Miller

AUCT-001346

In2assets | 0861 444 769 AUCT-001347

Large Family Home 6 Columbus Avenue, Eastleigh Ridge, Eastleigh Main house consists of a studio room with en-suite bathroom, 3 additional rooms, 2 bathrooms with 2 offices | 7 External rooms with en-suite bathrooms | Domestic quarters with en-suite shower, a linen room and two storerooms | Massive potential to convert the property to a 7-star Bed and Breakfast or a Wellness Centre | Ample parking

In2assets | 0861 444 769 AUCT-001348

5 Bedroom Family Home with Development Potential 36 Elgin Road, Bryanston 5 Bedrooms | 3.5 Bathrooms (2 en-suite) | Main bedroom with dressing room and en-suite bathroom | Kitchen with granite tops, a gas hob, breakfast counter, scullery and walk-in pantry | 3 Garages | 2 Domestic quarters | Swimming pool | Garden with irrigation and borehole | State-of-the-art alarm system and beams

In2assets | 0861 444 769 AUCT-001349

Two Bedroom Apartment Section 62 The Point, 6 Marais Street, Bedfordview Centrally located ultra-modern apartment | 1 x lounge | Kitchen | 2 x Bedrooms | 2 x covered parking | Gym, Squash court, Tennis court | Pools | Garden facilities | 24 Hour security

In2assets | 0861 444 769 AUCT-001350

Three Bedroom Home Section 38 Olive Tree Cove, The Coves, Hartbeespoort 3 Bedrooms | 3 Bathrooms | Main bedrooom consists of built-in cupboards, air-conditioning, master en-suite and shower | Second bedroom with built-in cupboards and air-conditioning | Third bedroom with en-suite, bath only | Kitchen | Covered patio | Secure estate

In2assets | 0861 444 769

Vacant Land 32 Driesie Snyman Road, Panorama Park, Kingsburgh Located in a prestigious estate, with amazing sea views and top-notch security | The land is situated in Panorama Park whereby you enter with security that monitors the estate 24/7 | There is also a communal swimming pool and clubhouse for those that don’t want to build a swimming pool for their exclusive use

Auction Date and Time: 28 October 2020 | 11h00 | Visit https://auctions.in2assets.co.za to register for this auction | Terms: R5 000 refundable registration deposit. Strictly by EFT. FICA Documents are required | Auctioneer: Andrew Miller The Rules of Auction & CPA Regulations can be viewed at www.in2assets.com or at Unit 505, 5th Floor, Strauss Daly Place, 41 Richefond Circle, Ridgeside Office Park, Umhlanga Ridge. Bidders must register to bid and provide original proof of identity and residence on registration. The Rules of Auction contain the registration requirements if you intend to bid on behalf of another person or an entity. The above properties are subject to a reserve price and the sale by auction is subject to a right to bid by or on behalf of the owner or auctioneer.

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