Property360 - National Digital Magazine - 18 June 2021

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‘I BOUGHT MY FIRST HOME BEFORE I TURNED 25’ PAGE 3 PICTURE: ANDRES AYRTON / UNSPLASH

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Most first-time buyers this year are younger than 36 and purchased freehold properties. PICTURE: KEIRA BURTON / PEXELS

The youth have it

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Young first-time buyers are dominating the property market this year ORE than 36 000 aspiring homeowners have made their dream come true this year by taking their first step onto the property ladder.

And most of these buyers are younger than 36.

Lightstone Property Data reveals that, so far this year, a total of 36 434 people in South Africa have taken ownership of their first properties – a figure that is already hovering around 50% of the total new property purchases recorded in 2019 (73 750) and last year (71 409).

The figure does not include properties “sold” to first-time buyers but still awaiting final transfer through the Deeds Office.

First-home buyers remain a formidable driver of the residential property market’s remarkable recovery, with BetterBond reporting that the average purchase price of a first-time home has been hovering around R1 million for several months.

Chief executive Carl Coetzee says, after months of steady growth, the average purchase price paid by first-home buyers hit the R1m mark in October.

“Considering that this was shortly after the easing of lockdown restrictions, the sustained upward

price trajectory suggests that lower interest rates have certainly been a motivating factor.”

Lightstone’s figures show that most first-time homeowners this year are under 36, accounting for 21 004 of these purchases. They are followed by buyers aged 36 to 40 (10 899), 50 to 64 (3 081), and 65+ (1 236). The ages of 214 buyers are unknown.

The data also reveals that the vast majority of new homeowners (20 772) bought freehold properties while 11 486 purchased sectional title homes. Estate homes were purchased by 4 176 new buyers.

Brynn Janeke, chief executive of Eazi Real Estate, says young, first-time home buyers want apartments and townhouses that are move-in ready and modern; open-plan homes that may require only basic cosmetic work. And against the background of a residential property market that is still a buyer’s market, most purchasers are still looking for good deals.

“The low interest rates have certainly increased the buyer pool, but there remains a strong demand for well-priced homes.”

Other non-negotiables for firsttime buyers – and even millennial tenants – according to Paul Stevens, chief executive of Just Property, are: High-speed internet access “Millennials were our first digital natives and the majority work, play and socialise on their devices… They will expect/demand always-on, high-

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

speed internet access.”

As load shedding is a part of life in South Africa, he says a UPS that can keep the wi-fi going for a couple of hours will be a great attraction.

Green homes As young buyers focus on their impact on the environment, their homes will have to meet high green standards. This includes ways to painlessly cut energy consumption as well as having solar geysers and gas appliances that meet their values and will help save them money.

“Grey-water/rain-water reuse and rubbish recycling systems will also get the thumbs up.”

Money-saving measures Whether they’ve bought the home themselves and need to let a room to cover their bond, or have gone in with a friend to secure their first home, young people want home-sharing options.

Requests include parking for multiple cars, multiple access points and private areas on the same property, says Stevens.

Safety “Security is obviously key for everyone in South Africa, particularly young, single women. Sectional title is attractive for this reason, as are gated communities for the higher earners.”

Space for working remotely Millennials are hybrid workers and so these buyers, especially those with children, will be looking at prospective buys through the prism of own-spaces for themselves and their kids, Stevens says.

INVESTMENT

Andrew Carnegie (1835-1919), entrepreneur, business leader and a man often described as one of the wealthiest people of all time is quoted as saying: “90% of all millionaires become so through owning real estate”.

And Shaun Rademeyer, chief executive of MultiNET Home Loans, says not much has changed.

“Property investment is still considered to be one of the biggest investment opportunities of all time.

Buying a property can leave a dent in the bank account, but do not see it as a grudge purchase, instead see it as an investment.”

Breaking this down, he explains that, if you buy a house worth R1.2 million:  In 10 years, your property will be worth R1.8m – this is an inflation growth of 4.5%.  In 15 years, your property will be worth R2.3m.  At the end of your 20-year loan period, your property will be worth R2.76m.

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Letter from the editor IT IS heartening that, despite the challenges and burdens facing the youth, many are rising in the property world.

Nthabiseng Makgabo’s story alongside – of how she bought her first property before she was 25 – is enlightening and heartwarming.

Nthabiseng’s lineage is full of remarkable women.

She told me that long before she started studying property, and long before she got a job as an asset manager, she received good grounding in bricks and mortar from her two grans and her mom.

Nthabiseng, who is also chair of the SA Institute of Black Property Professionals’ Youth Professionals unit, says she watched one of her grans – the late Salome Makgabo, who lived in a village in Dikebu just outside the North West – build her house by her own sweat and tears.

“It took her forever to build the house. She would save a little then buy some bricks, then save a little and buy some other material.

It was an arduous process. And sometimes the things she had bought got stolen. But she was determined.

“I remember one year she went to get the bricks she had been storing to start building a section and they just crumbled – she had been sold inferior material. But she just picked herself up and started again.”

The family lived in a partially built home for a long time, but “Mama” finally built her new home – many years later – which included an inside toilet, unheard of in the village at the time.

After completing grade 1 in the village school, Nthabiseng moved to live with her other gran – Maria “Babes” Mabusela – in a township in Garankuwa.

“When I was younger I preferred the township. We had running water and also there was plumbing so we had toilets. In the village, there was none of that, and I was afraid of the long drops in the village. “... the house was full of my older cousins and in the townships everyone was within a five kilometre radius. However, when I grew up I began to appreciate the land and space of the village, and will one day build one of my homes there.”

When her mom, Malebo Makgabo, sold her home Nthabiseng wanted to contribute to her mom’s life and so the pair’s property journey began.

“While my studies taught me the value of land as a physical asset it was my two grans and my mom who showed me what was possible with property if you have determination and a dream.”

In the piece alongside.

Nthabiseng gives us some great advice on how to navigate the property world from which we – young and old – can all learn.

I hope you’ll be inspired by her journey.

Also heartening is the story on how the number of first-time home buyers is growing and that many are found in the younger cohort.

While there is much we still need to do to change our youth’s trajectory, let’s gather some hope from these stories.

Warm regards

Vivian Warby vivian.warby@inl.co.za

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How I bought a home at age 24 – you can too Property-studies graduate describes how she was able to get onto the property ladder and warns like-minded people to beware of the mistakes she made

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

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THABISENG Makgabo was a month and a half shy of her 25th birthday when she took her first step onto the property ladder – a first step towards achieving her dream of owning a portfolio of properties.

After all, as a property-studies graduate, buying property was naturally her next goal – one she achieved in 2018.

This is her story.

So, I started building a little nest egg to put together a deposit.

One of my other key deciding factors was the fact that my mom and I didn’t have a house we owned. We didn’t have a home.

I felt obliged to make sure that we had that. Even if she lived in another province, I wanted her to know that she had something she could call her own, something that we could fall back on.

How did you know it was the right time to make a move?

Affordability was a big deciding factor. As a young professional in Johannesburg, rents can be very expensive. At the time, I was sharing accommodation because I couldn’t reconcile spending R7 000 a month on a one-bedroom apartment.

I worked in Sandton and, believe it or not, that was the cheapest and most decent apartment I could afford close by. You would be surprised at the poorly maintained places people are willing to lease to desperate tenants, all in the name of location.

I needed to live close to work because I was working for a fastpaced team and would often work late. But because I did not yet have a credit score, I could not buy a car. An apartment, then, was my next best bet, although I had always had my eye on the prize of buying a place of my own.

How did you prepare for such a big purchase, especially at such a young age? I really started ramping up my search about nine months before the actual purchase.

At that time, I was sharing an apartment with two other girls in Sunninghill. We split the threebedroom, two-bathroom apartment rent three ways, which was about R3 300 a person a month. I needed to continue living there if I wanted to afford to buy my own home.

As I did not have enough money for a substantial deposit, I knew I would need to get 100% financing.

I also knew I didn’t want to buy something that would incur transfer fees, so either a new property or one that would cost me less than R900 000 (the then-value that was exempt from transfer duty) were my options.

What other factors pushed you to take the plunge? I knew that it wasn’t financially sustainable to rent an apartment for that amount of money. I also knew that you can’t always rely on roommates and I would be stranded if mine left me – which inevitably happened one month before our lease was meant to end.

How did you start your search?

Knowing my budget helped me narrow my search in terms of location and property type. For R900 000, I could not buy anything reasonable in Sandton, so I had to cast my net wider.

I wanted a property that would grow in value. I wanted to be able to let it, and at least cover the bond with its rent, while I continued to share with my friends.

I also wanted something that was easy to let to people, so a

two-bedroom apartment was a good idea as these are viable lets.

I actually wanted to buy a threebedroom apartment but it was not in my budget.

So, with my parameters in place, I put down my requirements and searched the internet. I did viewing upon viewing and, honestly, I couldn’t find anything I truly loved. Then, one day, about six months into searching, my colleagues were discussing a new development in Midrand and I decided to have a look.

The property had two bedrooms and was in my price range.

I thought about it for a while and crunched the numbers. I knew roughly how much rents in the area were and I calculated my bond amount and the additional charges such as rates, taxes and levies. The numbers checked out and were within my monthly budget, so I went for it.

What did you learn from the experience? And did you make any mistakes? It was definitely one of the most nerve-wracking decisions of my life. I was terrified of the amount of debt I was signing up for and the length of time I would be paying it off. I made a lot of mistakes. My calculations were off.

The rates, taxes and levies ended up being double what I had initially expected, so prepare for that when buying in a new development.

They will try to sell you a low base on additional costs to make the transaction more attractive.

I also chose to get an agent to manage my property because I was scared my tenants would not pay if they knew how young I was.

That was an expensive decision. I ended up paying R3 000 extra every month to manage the property when I had expected to pay R500.

If you could go back and do it again, what would you change or do differently? I wouldn’t change anything. These were all valuable, and expensive, lessons that will help me in my next purchases.

Nothing makes you learn faster than a R36 000-a-year bill.

What is your next property goal?

I intend to buy property again.

This time, I am eager to develop something for the lower LSM groups.

What advice do you have for other young aspiring property owners?

My advice is that you must really do your homework before you get into a transaction. Run your numbers again and again. Make sure that you can take the impact if costs increase by large margins.

Today, I see a lot of estate agents trying to convince people to buy property because interest rates are low. It really upsets me because I feel that is misleading.

Interest rates fluctuate. You need to make sure you know you can afford your property if rates go up again.

Also, just because your bank says you can afford a R3 million house, it does not mean you should buy that house. Definitely shop around for a bond. Your primary banker may not have the best interest rate.

Shop, compare and negotiate your rate down. Life is long and your bond will outlive a lot of your relationships. Make sure you are ready for the commitment.

Last, don’t rush. I bought my apartment and carried on sharing with my friends for years because it was more economically savvy to do that. Your path may be different. Make sure you run your own race.

DISCLAIMER: The publisher and editor of this magazine give no warranties, guarantees or assurances and make no representations regarding any goods or services advertised within this edition. Copyright ANA Publishing. All rights reserved. No portion of this publication may be reproduced in any form without prior written consent from ANA Publishing. The publishers are not responsible for any unsolicited material.

Publisher Vasantha Angamuthu vasantha@africannewsagency Executive Editor Property Vivian Warby vivian.warby@inl.co.za Features Writer Property Bonny Fourie bronwyn.fourie@inl.co.za Design Kim Stone kim.stone@inl.co.za

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A servitude can reduce demand for a property and drive down its sale price.

PICTURE: MabelAmber / Pixabay

Avoid a bidding war at all costs Knowing how to keep your offer at the top of the list is key to getting the home you want

BY BONNY FOURIE bronwyn.fourie@inl.co.za Q: If we decide to use a mortgage originator to apply for our first home loan, how will the process work?

A: You complete one, generic application that is acceptable to all banks and, once your loan application has been submitted to all the banks, you will get daily feedback on its progress.

You will ultimately be given a

choice of which bank’s home loan offering to accept.

A mortgage originator will guide you through the entire home loan process and assist with all the documentation.

This service is free to all buyers.

– Elmar Pittendrigh, managing director of Bond Gallery Q: We are buying our first home but seem to be losing out to other

buyers in what is becoming a bidding war. We are offering close to the asking prices but are still not having our offers accepted. How do we ensure that, when we next make an offer, we come out on top?

A: Low interest rates and a growing shortage of properties for sale in the sub-R1 million price category have led to a huge surge in first-time home buying over the past year.

This is one of the reasons behind an increasingly competitive purchasing environment in which an offer from another prospective buyer can quickly result in the dream home you’ve just found becoming nothing more than a mirage.

Most buyers prefer a home that is ready to move into, and many are willing to pay a premium for this advantage at the moment, in order to make the most of the low interest rates. This can easily result in a full-price offer, and perhaps even one that exceeds the seller’s asking price, if there is another buyer in the picture.

Alternatively, delaying your decision to make an offer while you consider a few properties may well create the opportunity for another buyer to jump in and snatch up the one you liked best.

However, there is much that you can do to ensure that your offer is favoured in this environment, starting with a pre-approved home loan obtained through a reputable bond originator. This reassures

the seller that you will be able to obtain a bond and that a sale to you is unlikely to fall through.

Second, you need to be honest with the seller if you have a genuine interest in buying the property.

Third, you need to make it clear that while you are prepared to negotiate your own offer and terms with the seller, you will walk away if anyone tries to push you into a bidding war with other potential buyers, because the one thing worse than losing your dream home to another buyer is paying more than you intended as a result of a bid and counter-bid battle.

Always keep in mind that every increase in the price paid results in an increase in the amount of cash needed to cover the deposit and the transfer costs, as well as an increase in the size of the bond needed – and thousands of rand of additional interest payable over the next 20 years.

In addition, buying at an inflated price following a bidding war means a slower build-up in equity – which means if you are forced to sell before the house realises significant appreciation, you may even have to pay in more money to settle your home loan. This is not a situation you want to create in the current uncertain economic climate.

– Gerhard Kotzé, managing director of the RealNet estate agency group Q: We are considering putting in an offer for our first property, a

smalholding, but our neighbours have a servitude on a small area of the property which they mainly use for access. They also have some fruit trees on it. We are worried this may have an unforeseen impact on us. What should we bear in mind when considering whether to buy this property?

A: A servitude allows a third party, who is not the owner of the property, certain limited rights over the property.

Essentially, what this means is the owner of the property may exercise all their usual rights of ownership, provided it does not impede the rights of the servitude holder. Similarly, the servitude holder may utilise the servitude but should do so in a way that causes the least possible inconvenience to the owner of the property.

Most servitudes will be passed over to the new owner of the land on which the servitude is held if the property is later sold.

The owner of the property on which the servitude is held is not required to get permission from the servitude holder before they sell but the new owner of the property will be required to honour the servitude agreement.

While servitudes may not be an issue for some buyers, others may be deterred. This can reduce the demand for a property which in turn can have a negative impact on what asking price it can achieve. – Adrian Goslett, chief executive of Re/Max of Southern Africa

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What’s new in the

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Is FLISP for me?

FLISP is short for the Financial Linked Individual Subsidy Program, a government-backed initiative that seeks to promote and secure first-time homeownership for lower-income earners in South Africa. If you qualify and the subsidy is granted to you, you can use it to pay a deposit towards a property purchase or to decrease the size of a home loan.

In order to be eligible to receive the subsidy, an applicant can be single, married or cohabiting, and must show that he/she: • has a household income of between R3 501 to R22 000 per month (previously the maximum threshold was set at R15 000 per month); • is a South African citizen or have permanent residency here; • has not received a government housing subsidy before and is a first time home buyer; and • has obtained home loan approval from one of South Africa’s financial institutions or banks in respect of a planned purchase.

If approved, the subsidy is paid to the applicant’s home loan account. This will

then have the effect to reduce the required monthly loan instalments, making it more affordable to buy a home.

To apply for FLISP, you must be in the process of purchasing a property (although it is also possible to apply retrospectively if the property was registered in your name in the past 24 months, in the Western Cape).

The transaction can relate to an existing residential property, or the purchase of a vacant serviced residential stand/plot (linked to a house-building contract via the Housing Department), or to the building of a new house with the assistance of an NHBRC accredited builder on a serviced residential stand/plot that the applicant already owns.

The process differs from region to region in South Africa. For example, clients are able to apply up to 24 months after registration in the Western Cape, however, only 12 months in other regions. Other regions are able to apply online, whereas this is not the process for the Western Cape.

This is where STBB steps in with our extensive knowledge in property law and with personnel who are equipped with the required skills to assist you in such an application and transfer.

For more information about the Financial Linked Individual Subsidy Program Contact: Tholakele Mrubata Email: TholakeleM@stbb.co.za Tel: 021 673 4700

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5 Pro TiPS For HouSE-HunTinG Finding the perfect home that suits your pocket still requires some skill. Luckily this is an area we’re well versed in. So, read on to find out how you can become a pro-property hunter in no time – and a homeowner in even less time!

1. Know your goal and understand your budget There’s a lot more that goes into house hunting than finding the right neighbourhood with a home that offers the perfect number of bedrooms, bathrooms and parking bays. The first and most crucial aspect to consider is what you can realistically afford.

When setting your budget, don’t opt for your maximum spending capacity. You need to keep in mind that you will need funds for the transfer fees, conveyancer fees and bond costs.

One of the fastest and easiest ways to know what you can afford is to get a pre-qualification certificate from any mortgage originator. This will better equip you in knowing your budget limits.

Lastly, be honest and realistic about your spending behaviour, life choices and needs. For example, if you struggle to save, acknowledge it and be conservative on the mortgage. If you dream of being a DIY fundi but haven’t done any handiwork, buying a fixer-upper home is perhaps not the best idea.

2. Pick your neighbourhood Once you know what you can afford, the fun part starts: determining the ideal neighbourhood you’d like to live in. Consider what’s important for you. Do you want to live close to the central business district or do you want to be near good schools? Do you enjoy nightlife or do you prefer entertaining at home? These factors will help determine which area is most suited for you to live in and, thus, buy in.

flooring preferences; do you want tiles or wooden floors throughout the home? Is a garden and pool important to you or are you looking for a lock-up-and-go? What level of security are you needing? Anything that is non-negotiable for your home should be on this list. Don’t forget to add potential questions to ask an owner or real estate agent about homes that you view.

Once you have a clearer idea of what it is you’re after and what you can afford, you’ll be able to match this to a dream home. Using the same checklist across all the properties you view will help you to make a solid comparison before making the final purchase decision.

4. Get tech-savvy Nowadays we can order anything online with a click of a button. Luckily the property industry has also evolved with time. There are a number of great online portals and apps where you can search for properties without ever leaving the comfort of your current home. Most sites or apps are mobile-friendly, so you can do it straight from your phone too.

When searching online, apply filters to ensure you find exactly what you’re looking for within your price range. It’s also a good idea to start broader on your search and then narrow it down as time goes on. This helps you to suss out what’s on the market. If there’s a property that sparks your interest, but you’re not 100% convinced, save it to a wish list (many portals allow you the option to save favourite properties). Who knows, the property might really be of interest once you’ve given it some thought.

Lastly, don’t forget to set up alerts for your filtered search. This way you’ll be the first to know when a property matching your filters becomes available.

Next, find out as much as you can about the area. This includes investigating property prices, where the prime property is located and the difference between the asking prices and the actual prices properties are sold for. For this, we recommend asking the help and advice of an expert real estate agent. Real estate agents are passionate about their neighbourhoods – so it’s worth contacting them for inside information.

5. Seek knowledgeable advice While online and app searches might lead you to the ideal homes, it’s never a bad idea to ask for help from a qualified agent who knows and understands the property market. A real estate agent will be able to give you a first look at new listings in the area. Not only that, but they will also give you insight on the latest sales in the area and guide you through any negotiations to ensure you’re making a sound investment. Agents are also there for you to bounce ideas off and to be frank about what you’re really after.

3. Make a checklist Once you know the dream neighbourhood you’d like to live in, next you need to start thinking about those non-negotiable aspects your dream home needs to have. Having a handy checklist can be your secret weapon.

At Rawson, we take our jobs as sales and rental partners very seriously. Each Rawson agent is certified and knows their neighbourhood inside-out. Our agents are up-to-speed with the latest legal and industry developments to ensure we only give you the best advice on the property you’re after, visit our website www.rawson.co.za to find a Rawson Agent near you.

A good checklist will include how many bedrooms and bathrooms the home should have; whether it should have a garage, secured parking bays or on-street parking. Think about

Looking to buy your dream home but wondering if you can afford it? Let us help you get pre-qualified. Email info@rawsonfinance.co.za for more information.

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Whether you are a young professional, retiree, student, investor - this has it all. One of the best positioned 2 bed apartments in The Premier on the 4th floor. 1 Parking bay

This 5 bed, 5 bath home is situated at the top of the mountain, peacefully overlooking the bay. Living area with fireplace, kitchen with Smeg oven & garaging for 4 cars

GAVIN GOLIATH 082 963 0000

MATTHEW SCHRIRE 083 645 4583

DUNE KOSSATZ 076 175 1057

NEWL A ND S - R 3.15 M I L L I O N

CITY CENTRE - R1.7 MILLION (VAT INCL.)(NO TRANSFER DUTY)

T HE WAT E RC LUB - R 9.95 MI LLI ON

NEW RELEASE

NEW RELEASE

Web Ref: RL11307

POSITION - POSITION - POSITION

CL AREMONT U P P E R - R 1.5 95 M I L L I O N NEW RELEASE

Web Ref: RL11331

BEAUTIFUL STUDIO APARTMENT

EXCLUSIVE

Web Ref: RL11295

Stunning 2 bed, 1 bath unit on the top floor of Longacres with uninterrupted views of the mountain. Open-plan living area, renovated kitchen, excellent security & 1 garage

SANDRA EVANS 083 253 0115

NEW RELEASE

LOCATED IN THE CENTRE OF IT ALL

This mixed use 34-storey high-rise is located in the city’s financial district in Cape Town 1 Bedroom, 1 bathroom, close to all amenities & excellent security. Size: 42m2

BYRON 082 401 5179

Web Ref: RL11000

MARINE VIEWS AS FAR AS THE EYE CAN SEE

Beautifully & stylishly renovated with all the necessities of a comfortable & practical home in mind, this ideal lock-up & go showcases a spacious bedroom & p/bay

KEITH 083 540 5033

NATACHA NEUBURGER 083 449 9933

C I T Y C EN TR E - R 4 . 2 MIL L IO N NEW RELEASE

S E A P O IN T - R 1.55 MI LLI ON NEW RELEASE

EXCLUSIVE

Web Ref: RL11328

A CREATIVE SPACE

Web Ref: RL11312

EXCLUSIVE

TOP FLOOR MODERN STUDIO

View this spacious North facing studio apartment with a bright & leafy outlook within walking distance to Cavendish & close to UCT bus routes & all amenities

This magnificent raw apartment is the true embodiment of a New York Style Loft. With its clean lines, industrial style windows & views across the city & Table Mountain

Well-configured, light & modern studio apartment with Travertine tiles throughout Spacious open-plan kitchen with Caesarstone tops. Perfect for first time buyer

ALISON ROBB 082 956 9506

KEAGAN JAMES 082 902 8202

JANE JONES-GIBBS 072 467 2611

Rentals 021 433 2580 A visionary company with decades of experience

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ESTATE AGENTS A special offer to

Estate Agents during this Lockdown period FOR

ONLY R495PM Excl Vat.

THIS PACKAGE INCLUDES THE FOLLOWING: • Unlimited listings for sale and to let • Unlimited uploads of virtual tours with a Youtube URL • Unlimited access to our showhouse facility • Pay as you go month-to-month advertising • No charge for leads • Branding - your agency logo on each listing to promote your brand • 2 Featured listings each month • Access to the system backend to track your leads

Contact LEIGH to get your listings visible 074 991 3373 or leigh@property360.co.za www.property360.co.za

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What’s new in KwaZulu-Natal

PICTURE: DREW-WILLSON / UNSPLASH

TO ADVERTISE HERE Anne Reddy

0 8 2 8 2 8 0 0 1 0

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

anne.reddy@inl.co.za larissa.marks@inl.co.za w w w. p ro p e r t y 3 6 0 . c o . z a

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LAST FEW FROM THE DEVELOPER

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TIMED ONLINE AUCTION BIDDING OPENS 10H00 ON 30 TH JUN 2021 & CLOSES 10H00 ON 01 ST JUL 2021 Bid via our APP: https://bidlive.maskell.co.za Duly instructed by the Liquidators of Red Spike Security Services CC (In Liquidation), Master’s Ref. no: N000208/2020

AUCTION OF A NEAT AND UPMARKET 3 BEDROOM FAMILY HOME WITH DOUBLE LOCK UP GARAGE LOCATED IN LADYSMITH’S MOST SOUGHT AFTER AREA

Download our APP “Peter Maskell Auctioneers” – from IOS or the Play Store OR visit https://bidlive.maskell.co.za Contact Danielle 082 801 6827 / 033 397 1190 / danielle@maskell.co.za • R50 000 buyer's card deposit payable by EFT • 10% deposit payable by purchaser on fall of hammer • 5% + VAT commission payable

by PURCHASER on date of auction • FICA docs to be provided • Sale is subject to confirmation • “ABOVE SUBJECT TO CHANGE WITHOUT PRIOR NOTICE” (E&OE)

AUCTIONS There is a commonly held belief that property auctions are a good place to pick up a bargain because auctioneers often handle sales in execution / property reposessions / liquidations.

Our dedicated auction section allows auctioneers to showcase their properties to buyers looking for these bargains.

THE AUCTION SECTION OF THE PORTAL OFFERS: • Advice to buyers • Auction news • Recommended auctioneers to deal with • Diary of upcoming auctions Contact LEIGH to get your listings visible 074 991 3373 or leigh@property360.co.za

www.property360.co.za

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Retirement

T O A D V E RT I S E I N K WA Z U L U - N ATA L Anne Reddy 0 8 2 8 2 8 0 0 1 0 Larissa Marks 0 7 6 2 3 1 1 0 8 9

anne.reddy@inl.co.za larissa.marks@inl.co.za

TO ADVERTISE IN WESTERN CAPE Leigh Auret 074 991 3373 Shevon Philander 078 422 4925

leigh@property360.co.za shevon.philander@inl.co.za

TO ADVERTISE IN GAUTENG Contact any of the four sales representatives above

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AGENTS DIRECTORY

PRIME ESTATES RAWSON PROPERTY GROUP Cape Town Office 021 658 7100 www.rawson.co.za

DE PLATTEKLOOF LIFESTYLE Cape Town Office 021 814 7000 Email: live@deplattekloof.co.za www.deplattekloof.co.za

PRIME ESTATES Upper Highway - KZN Office 031 767 1217 Email: debbie@primeestates.co.za www.primeestates.co.za

DOGON GROUP PROPERTIES Atlantic Seaboard Office 021 433 2580 Email: thekings@dogongroup.com www.dogongroup.com

COUNTY & COASTAL PROPERTIES Western Cape Office 082 576 9366 Email: info@countrycoastal.co.za www.countrycoastal.co.za

ALOE REAL ESTATE Upper Highway - KZN Contact: 073 353 0881 Email: pixie@aloerealestate.co.za www.aloerealestate.co.za

debbie.reabow@rawsonproperties.com

PixieG Estates

DOGON GROUP RENTALS Sea Point Office 021 433 2580 Email: enquiries@dogongroup.com www.dogongroup.com

RE/MAX PREMIER Southern Suburbs, Claremont Office 021 657 3560 Email: sales@remaxpremier.co.za www.remaxpremier.co.za

PIXIEG ESTATES Upper Highway - KZN Contact: 083 562 3630 Email: info@pixiegestates.co.za www.pixiegestates.co.za

DOGON GROUP PROPERTIES Southern Suburbs, Claremont Office 021 671 0258 www.dogongroup.com

THE WOODLAND Umhlanga Office 081 281 3960 Email: info@woodland.co.za www.woodland.co.za

SHELLEY RESIDENTIAL KZN Office 082 412 4463 Email: hello@shelley.co.za www.shelley.co.za

DOGON GROUP PROPERTIES Western Seaboard Office: 021 556 5600 or 021 433 2580 Email: enquiries@dogongroup.com www.dogongroup.com

BALWIN PROPERTIES Ballito Office 084 788 1020 Email: michelle@balwin.co.za www.balwin.co.za

PETER MASKELL AUCTIONEERS KZN Office: 033 397 1190 Email: info@maskell.co.za www.bidlive.maskell.co.za

southernsuburbs@dogongroup.com

www.property360.co.za

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Click here to read our magazines now.

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Advertising Sales queries: Charl Reineke | charl.reineke@inl.co.za