Property360 - National Digital Magazine - 25 June 2021

PROPERTY

360

The Covid effect

RELIABLE TENANTS I N S H O RT S U P P LY PA G E 3

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Choosing the right home is one of the biggest worries for buyers.

The exciting – and scary – journey of stepping on to the property ladder Experts say it is always worth using the services of an experienced estate agent to guide you through the labyrinth of buying your first home

BY BONNY FOURIE bronwyn.fourie@inl.co.za STARTING the hunt for that first property is a thrilling journey that leads to so many benefits for owners but there are also many worries and possible hurdles.

From knowing which properties to view and how much to offer, to navigating the process and choosing the right home, there are a number of anxieties first-time buyers will suffer.

How much is too much?

Schalk van der Merwe, franchisee for the Rawson Properties Helderberg Group, says buying property is one of the biggest financial decisions a person can make so it is not surprising that the number one fear buyers have is overpaying.

“There are a huge number of trends and influences that contribute to a property’s value and these can make it very hard for a newcomer to the market to

judge if a listing price is reasonable.

The only way to ease that anxiety is to arm yourself with solid, substantiated evidence.”

He adds: “Remember, trends like buyers’ and sellers’ markets don’t always apply the same way in specific areas or to specific properties and property types. It’s vital to base offer decisions on specific data that takes context into consideration, rather than generalised – and often outdated – public domain advice.”

Whichever way buyers arrive at their offer price, says Carlo Mariani, founder of The Property Coach, they should never pay more than the market value, even if they love the property. This is because banks are unlikely to finance a property bought above market value. Once they have decided to make the offer, they need to be serious about it.

“And make it in writing. Keep it

valid for no longer than 24 hours.

Agents are always in contact with their sellers.”

Choosing the right home Everyone wants their first home to be their dream home but, realistically, says Van der Merwe, budget limitations seldom make this possible for first-timers.

It can be less stressful to make compromises when buyers understand that their first home doesn’t have to be completely perfect but can be the perfect stepping stone towards a future dream home.

“Keep an open mind during the property search, and focus on your must-haves, rather than your niceto-haves.

“Every home has pros, cons, and lovable quirks – don’t miss out by judging a book by its cover.”

More importantly, you need to remember that even the

most modest property provides invaluable equity in the market, getting the owner “one step closer to affording their forever home down the line”.

Tony Clarke, managing director of the Rawson Property Group, also urges buyers to remember the long-term nature of property investment.

Their decisions must suit not only their needs today but also in the future.

“Buyers need to be sure a property will support their lifestyle for the next five to 10 years at the very least.

“Consider things like some room to grow if you hope to start a family and make sure the location offers everything you might need in terms of job opportunities, schools, shops, transport, sporting and social facilities.”

They should also be aware of the costs that come with buying and owning property, Clarke says.

Fear of missing out (FOMO) Competition for properties can be intense, and even in today’s sluggish market, Van der Merwe says, certain listings are snapped up so fast they never even make it to online portals.

“FOMO is very real in property.

We see buyers paralysed waiting for the perfect property that could be just around the corner, and buyers terrified that if their offer is not accepted, they’ll lose their only chance at their dream home.”

However, buyers needn’t have these fears if they are supported by experienced property professionals, he says.

Gerhard Kotzé, managing director of the RealNet estate agency group, adds that young people should also not be driven

by FOMO in the current buying conditions as interest rates are likely to stay low for at least the next two years.

Home prices will also continue to rise but very slowly.

“This is a large investment that will have a long-term effect on your finances, so you shouldn’t make it in a rush.

“Slow down to plan properly and buy when you’re ready,” Kotzé says,

Discovering unexpected defects Nobody wants to get the keys to their new property only to find the roof leaks like a sieve or the foundations are subsiding. Yet, while sellers are required to disclose defects up front, Van der Merwe says the voetstoots clause in South African property contracts makes it the buyers’ responsibility to ensure a full inspection is done before the sale is finalised.

“A good estate agent can also be an asset here, not just connecting buyers with reputable inspectors, but flagging areas for investigation based on years of experience dealing with properties in all conditions.”

Steve Thomas, agent for Lew Geffen Sotheby’s International Realty in Constantiaberg, says if an owner sells voetstoots, the buyer must agree to undertake and remedy any items noted on the certificate at their own cost and before the transfer is put through.

This would, however, deter many buyers.

Not understanding the sales process For first-time buyers, the property sales process often feels overly complicated and obscured by legalese and jargon. This, says Van der Merwe, creates a lot of unnecessary anxiety that can be avoided with the help of a property professional who understands all the ins, outs and implications.

“We often see buyers misinterpreting processes like negotiating a final purchase price and ending up disappointed by the outcome. This really is easy to avoid when you’re working with a trusted adviser who can guide you through the complete purchase journey and make sure you know exactly what to expect, every step of the way.”

To make sure you’re working with the right partner, Van der Merwe recommends researching the company and agents with whom you will be working.

“Make sure they are experienced and active in your neighbourhood, are backed by a reputable brand, and have all the support services necessary to facilitate a successful transaction.”

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Low interest rates have led to many former tenants buying property.

Letter from the editor I HAVE written about Alan Simmonds previously in my letters.

At 80, Alan was able to give us a concise view of world events, which he had at his fingertips.

Alan was, in his retired years, a writer and proofreader for the property section.

Having survived Covid twice, plus a heart attack and a nearfatal stabbing, he passed away unexpectedly on May 8 at the retirement home where he had been living in hard lockdown since Covid hit.

I often spoke to Alan in the past year, with weekly whatsapps and calls, and I would ask him his thoughts on the property market, with him having lived through many a boom and decline.

He said something profound which has stuck with me and which I have written about before.

Property is the one thing that will remain after Covid has gone.

We have seen this in the past year – even with a total shutdown, the property industry managed to do well.

Property experts told me this week they believe we are at the very beginning of a property boom.

It’s the interest rates, they say, aiding this and they don’t predict there will be any drastic increases anytime soon.

This week Bonny Fourie investigates the rental market, which itself has seen some adjustments – and as we all know for many buying has become even cheaper than renting. This is another thing adding to a possible property upswing.

Alan taught me a lot. He will be sorely missed and his insights and wisdom will remain. Yes Al, it’s as safe as houses.

RIP old friend and beloved colleague.

Warm regards

Vivian Warby vivian.warby@inl.co.za

Tough times continue for the rental market

Landlords and agents struggle in the sector, thanks to the affects of Covid, with many former tenants opting to buy property

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

G

OOD tenants are still hard to find.

In fact, it’s so difficult that many rental agents are even reducing their commission to have the best chance of luring those still in the market.

The battle with rental arrears is also high on the list of challenges, reveals PayProp’s 2021 State of the Rental Industry survey.

Johette Smuts, head of data analytics at PayProp, says the drop in availability of “good tenants” is linked to the fact that many South Africans are suffering financial strain due to the pandemic, while others have taken advantage of low interest rates to purchase property.

“Good tenants have found it easier to qualify for home loans than ever before and are consequently leaving their rented properties for owned properties.”

With the financial strain on tenants affecting their ability to pay rent, agents have had to be creative to keep cash flowing, find tenants and keep mandates, she says, “The survey results show that 93% of respondents agreed to some form of alternative payment arrangement with tenants, which also clarifies why 60% of respondents reported an increase in time spent on monthly administration...”

In addition, almost two-thirds of survey respondents confirmed that they had lowered their commission in order to retain a mandate, a move that could negatively affect their businesses over both the short and long term.

“Agents might struggle to justify raising their commission in the long term without the addition of services,” says Smuts.

TPN’s latest Residential Rental Monitor, which analyses rent payment performance in Q4 2020, shows that tenants in Gauteng and KZN recorded improvement in the payment of their rent but Gauteng still had the weakest tenant performance of the three major provinces. Tenants in the Western Cape continued to outperform those in other provinces.

“However, all three provinces showed some

improvement in the fourth quarter. From 80.25% of tenants being in good standing in the third quarter of last year, the Western Cape saw an increase to a record 82.41% in the fourth quarter,” says TPN chief executive Michelle Dickens.

KZN, by comparison, saw a slight increase from 73.55% to 76.26% over the same two quarters, while Gauteng’s “lowly” 71.85% Q3 level rose to 75.73% in Q4.

“This noticeable quarterly improvement elevates Gauteng off the ‘bottom of the log’, its tenant performance now the second weakest performing of the nine provinces, with the Free State now the weakest province.”

The Free State aside, some of the smaller provinces have seen their tenant payment performances hold up better through last year’s lockdown period. These include Limpopo, Mpumalanga, North West and the Northern Cape, while the Eastern Cape remains a “relatively good performer”, despite having weakened significantly.

Dickens says the top four performing tenant populations are the Northern Cape, with 84.02% of tenants in good standing, Mpumalanga with 82.95%, the Eastern Cape with 82.5% and the Western Cape at 82.41%.

Looking ahead, however, the PayProp survey shows 68% of agents are most worried about the ongoing effects of Covid-19 on their businesses. Others listed concerns about an oversupply of properties, as well as vacant properties and the ability to fill these with quality tenants.

She adds: “However, it’s encouraging to see that, even during one of the toughest years, only 15% of respondents considered selling their agency. In fact, just short of 80% responded that they see themselves working in the property industry in five years’ time.”

Not only are rental agents relying on silver linings but property investors are also forging ahead. Dr Andrew Golding, chief executive of the Pam Golding Property group, says the economic hardships and challenges faced over

the past year, and still today, have prompted many people to seek ways to build wealth and grow investment portfolios that generate passive incomes.

“In South Africa, the seemingly everresilient residential property market has historically been one of the few investments that has acted as a hedge against previously rampant inflation. Property investment, as an asset class, tends to be less prone to extreme bouts of short-term volatility.”

He explains further: “Stocks and shares can melt down overnight, due to global or local shocks to the economy, but property investments tend to be more resilient with the upturns and downturns spread out over time – as seen with an earlier-than-expected rebound post the hard lockdown – so it is an asset class better suited to those who are risk averse.”

With rental returns under pressure though, he says the overall yield tends to be most significantly influenced by the capital growth of a property, which means that buying and selling at optimal times is key.

“Notably, properties best suited to capital growth may sometimes cost more and offer a lower yield while properties best suited to maximising yield may cost less and offer lower capital growth prospects. However, property is an asset class that is generally recognised as a safe bet, enabling the investor to enjoy the rewards of both rental returns in the short term and capital appreciation in the longer term.”

Purchasing property as a source of rental income is a great way to secure one’s future wealth, but as Adrian Goslett, chief executive of Re/Max of Southern Africa says, if poorly managed, a rental property could end up costing landlords much more than they bargained for.

The rental agreement “is crucial” to minimise the risk of costly capital outlays and unnecessary expenses incurred on a rental property as it outlines the responsibilities of both parties and explains the procedures for managing the property.

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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What’s new in KwaZulu-Natal

PICTURE: ZANDER JANZEN VAN RENSBURG / UNSPLASH

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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ON SHOW SUN 10 - 2:30PM

CHARTWELL ESTATE RETIREMENT VILLAGE WINSTON PARK R1 950 000

This delightful spacious 2 bedroom, 2 bathroom simplex situated in the picturesque Chartwell Estate Retirement Village offers tranquil surroundings within easy driving distance to shopping centres, churches, restaurants and Golfing. A perfect place for vibrant retirees!

Follow ON SHOW boards down Jan Smuts Avenue into Retief Road to view, for further information call 073 2100 577

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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)

TIMED ONLINE AUCTION

BIDDING OPENS 11H00 ON 13 th OF JULY 2021 and CLOSES 11H00 ON 14 th OF JULY 2021 Bid via our APP: https://bidlive.maskell.co.za Duly Instructed By The Joint Liquidators Of Hennox 768 CC (in Liq.), Master Ref : G1191/2020

LIQUIDATION AUCTION OF ±22HA SMALLHOLDING WITH SMALLSCALE GUMTREE FARMING SITUATED ±8KM NORTH-EAST OF MOOI RIVER

The property has a registered right of 13.10 hectares under plantation with a total stream flow reduction of 6537.00 cubic metres in terms of section 36(1)(a) – (afforestation) of the National Water Act 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 • FICA docs to be provided • Sale is subject to confirmation • “ABOVE SUBJECT TO CHANGE WITHOUT PRIOR NOTICE” (E&OE)

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What’s new in the

Western Cape

PICTURE: TARYN ELLIOTT / PEXELS

TO ADVERTISE HERE Leigh Auret 074 991 3373

leigh@property360.co.za

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Office +21 (0)21 461 3848 www.papstproperties.co.za

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ICONIC PERSPECTIVES R2 150 000 Well appointed 2 bedrooms end of the 14th floor hallway boasts sweeping views of Cape Town skyline towards the foreshore.

To arrange viewing contact Margit on 082 726 5141

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TAMBOERSKLOOF

STUNNING RENOVATED APARTMENT R3 450 000 Modern, 86m2, 2 bed, 1 bath, o/p kitchen living area, nice sized balcony with mountain views, 1 remote garage.

To arrange viewing contact Renate on 072 502 4391

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STATION HOUSE SEA POINT LAUNCHES BOUTIQUE HOTEL 12J INVESTMENT FUND

The dynamic development offering investment opportunities in boutique hotel section D2E Properties and Berman Brothers have partnered with trusted 12J investment manager Lucid Ventures to launch the Investec-approved Station House Boutique Hotel 12J Investment Fund. The investment opportunity is open until June 30 2021.

The Station House Boutique Hotel 12J Investment Fund comprises hotel suites from R2.615m, including one basement parking bay, a furniture package, and a storage unit. Suites are 47m2 in size and all include generous balconies to enjoy the Sea Point landscape and surroundings.

D2E Properties director Robin Magid says, “There are 55 opportunities to invest, and buyers will be able to select a sectional title unit, which will become their asset at the end of the five-year investment period.

Appealing factors about this investment include: •the upfront 12J tax deductions; •no fund administration fees; •only 10% of the total investment is payable by June 30 2021; •the balance of the 90% is payable by February 28 2022; and •promising capital growth and yield opportunities.

The depictions herein are for illustrative purposes only and are subject to change without notice.

Sara Reynolds, from Lucid Ventures says, “This exciting opportunity offers multiple benefits for investors of the Station House Boutique Hotel 12J Investment Fund. Hotel guests will have full access to all building facilities (including an iconic rooftop sky bar and restaurant, a fitness centre, rooftop pool, and street-level café-deli to name, a few) and investors have the option to place their units back into the hotel managed rental pool after the five-year investment period. The internal rate of return is expected to exceed 15% over the life of the investment.”

Lucid Ventures, which developed the bespoke boutique hotel brand Home Suite Hotels, has been appointed as the hotel operator to manage everything required, allowing investors peace of mind in terms of standards and operational protocols.

Contact Paul Upton on 071 610 8088 | stationhouse@dogongroup.com for more information.

The depictions herein are for illustrative purposes only and are subject to change without notice.

SILV E RT R E E E STAT E - R 8 . 495 MIL L IO N

CL IFTO N APARTME N T - R 29 MI LLI O N

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The depictions herein are for illustrative purposes only and are subject to change without notice.

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E VE N T I D E

Luxurious 2 bedroom, 2 bathroom apartment in Eventide on Moses Beach Clifton. Eventide is a high-security, prestigious block with a lovely residents pool and direct access to the beaches. 2 Parking bays

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BAKOVEN PARADISE

The most charming 2 bed cottage transports you back to a place of natural beauty & tranquility surrounded by an indigenous fynbos garden. Single garage & parking

DENISE 082 449 6608

VICKY 083 447 1381

SEA POINT - R1.645 MILLION (VAT INCL.)(NO TRANSFER DUTY) NEW RELEASE

AMAZING STUDIO APARTMENT

JAMES 082 485 2702

Web Ref: RL11283

WELL MAINTAINED WITH PLENT Y OF POTENTIAL

LOCATION AND SIZE

This character filled cottage offers 2 beds, 2 baths (m.e.s). Open-plan kitchen, living & dining area opens onto terrace with views of the city skyline, harbour & bay

Top floor gem. This is a must see for investors and first time buyers 2 Bedroom apartment with enclosed balcony and parking bay. Size: 80m2

BYRON KRUGER 082 401 5179

DUNE TANCREL 084 358 4910

G R EEN PO I N T - R 5. 2 MIL L IO N

PARKL AN D S N O RT H - R 2.399 MI LLI ON NEW RELEASE

Web Ref: RL11336

Beautifully finished studio apartment on the slopes of Signal Hill, offering a secure lifestyle combined with the convenience of a lock-up & go. 1 Parking bay

KEAGAN 082 902 8202

BLOUBERG SAND S - R 95 0 0 0 0 NEW RELEASE

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TOP FLOOR FURNISHED CORNER APARTMENT

Start living your dream in this 3 bedroom home. Secure home in the enclave with alarm and electric fencing. Prepaid electricity and solar geyser

KEAGAN JAMES 082 902 8202

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R O N DEB O SC H - R 1. 75 MIL L IO N

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Web Ref: RL11355

INVEST AND LIVE LIFE EASILY

PERFEC TLY POSITIONED

2 Bedroom 52m2 ground floor unit, situated in a prime, well-maintained and positioned complex. Close to all amenities. 1 Parking bay

Situated in Devonshire Hill virtually 2 minutes walk into Rondebosch hub of retail 2 Good sized bedrooms, a modern kitchen and bathroom. 1 Parking bay

NATALIE KOCH 082 393 8923

LANA HOLT 071 035 9458

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INVESTMENT OPPORTUNIT Y WITH PARKING

BARGAIN BUY

This top floor corner 2 bed apartment has been stylishly designed with the perfect modern mix of exposed brick work and sleek finishes. 1 Parking bay

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PRICE REDUCED

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O RAN JE Z IC HT - R 2 MI LLI O N

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J U N E

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QUAINT PIED- Á -TERRE

This cosy 2 bedroomed, 1 bathroom cottage is situated in the heart of Claremont near Palmyra Junction, close to all amenities such as schools, shops and transport

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S E A P O IN T - R 4.295 MI LLI O N NEW RELEASE

Web Ref: RL10812

CORNER UNIT WITH WRAP- AROUND VIEWS

ALEXA 082 349 7799

Web Ref: RL11362

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ST YLISH - SLEEK AND SPACIOUS

This North facing renovated studio apartment has floor to ceiling windows offering endless views of the ocean, stadium, and vistas beyond. 1 Parking bay

Top floor, corner 2 bed unit with incredible views of Table Mountain - this apartment is perfectly located for people from all walks of life. Good security

This 2 bed, 2 bath apartment both with en-suite bathrooms plus additional guest cloakroom offers lifestyle living a stroll from the Promenade. First floor & West facing

ALISON ROBB 082 956 9506

MATTHEW SCHRIRE 083 645 4583

JANE JONES-GIBBS 072 467 2611

Rentals 021 433 2580 A visionary company with decades of experience

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HoW To CHoose THe riGHT AGeNT for properTy sAles ANd reNTAls A property is usually the largest, single investment a person will ever make. That’s not something you want to trust in the hands of just anyone. But how do you go about choosing the right real estate or rental agent?

The Rawson Property Group’s Regional Sales and Commercial Manager, Craig Mott, and National Rentals Manager, Jacqui Savage, share their advice on the attributes you should be looking out for.

Appropriate professional credentials Real estate is a regulated industry with very specific professional requirements. According to Craig Mott, the easiest way for a property owner to check that an agent conforms to these standards is to request a copy of their Fidelity Fund Certificate.

“FFCs are granted annually to qualified agents registered with the Estate Agency Affairs Board,” he says. “Any agent without a valid certificate is legally prohibited from practicing.”

A valid FFC is essential, but it only proves that an agent meets the industry’s bare minimum professional requirements. Jacqui Savage says ongoing professional training is a more revealing indicator of an agent’s dedication to staying on top of their game.

“The rentals market, in particular, operates in a complex regulatory environment,” she says.

“Staying up to date on the latest legal and procedural developments is key to protecting landlords’ interests and keeping them on the right side of the law.”

Good brand visibility and top quality marketing Good real estate agents tend to attract more clients. That means you’ll likely see more of their “For Sale” or “To Let” signboards in your area than those of other agencies or real estate brands.

“This is a good sign for a number reasons,” says Mott. “Firstly, it shows the agent is active in your area and has first-hand knowledge of local trends and market conditions. Secondly, it suggests they provide good service – agents without a strong track record struggle to build a good customer base.”

“Buyers and tenants are also more likely to approach the most popular local real estate agent to keep an eye out for properties that meet their needs,” adds Savage. “This can give landlords and sellers a valuable opportunity to get their foot in the door before their competition.”

Visibility is about more than just signboards on lampposts. Savage says researching an agent’s online presence is essential as well.

“Check their website, their social media pages and, of course, their active listings,” she says. “You want someone who presents a strong professional image, engages with people successfully, and creates compelling listings on all the major online portals, complete with useful descriptions and high-quality photography.”

virtual.

Word of mouth referrals According to Mott, word of mouth referrals are one of the biggest ways good real estate and rentals agents attract new clients.

“Nothing beats the security of knowing the person you’re trusting with your property has already done exceptional work for friends and family,” he says.

If you don’t have any personal contacts in your area, he suggests reaching out to friends and family or on local social media groups to get first-hand stories from the community on their real estate experiences.

Tech-enabled team A great online presence is the tip of the iceberg when it comes to a good real estate or rental agent’s use of technology. Mott says virtual tours, virtual showhouses and virtual meetings have all become indispensable for both sales and rentals, as have a variety of technology-driven support services that enable agents to perform more efficiently and effectively than ever before.

“Navigating today’s property market takes far more time, skill and specialisation than it used to,” he says. “Without the support of technology, it’s virtually impossible for agents and agencies to effectively fulfil all their obligations and still provide quality advice and personal service to their clients.”

Comprehensive services Both Mott and Savage highly recommend choosing an agent or agency that can deliver the full suite of required property services, under one roof. For sales, that includes in-house bond origination and conveyancing. For rentals, it includes in-house accounting teams handling rental collections, account payments and financial reporting.

Good personality fit As a landlord or seller, you’ll likely be working very closely with your real estate partner for some time. Finding an agent who “gets you” and is a pleasure to deal with can make that process a lot more enjoyable.

“Ideally, you want to find someone who can become a long-term real estate advisor,” says Savage.

“Someone you trust to help you make the most of your property investments, now and in the future, whether that’s through rentals, sales or purchases.”

Need more information? Get in touch with our team of neighbourhood experts for a property valuation or advice on selling or renting your property. Contact us on 021 658 7100, email marketing@rawsonproperties.com.

Looking to sell your home?

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A TOUCH OF PARADISE IN THE HEART OF SIMON’S TOWN SITUATED IN THE VERY HEART OF SIMON’S TOWN, THIS LOVELY HOME WITH A SEPARATE PLOT ATTACHED AND VIEWS THAT STRETCH ACROSS THE BAY AND YACHT BASIN IS TUCKED AWAY IN ONE OF THE MOST SOUGHT AFTER AND SHELTERED AREAS AND WITHIN A 10 MINUTE WALK TO THE VILLAGE. THE UPPER LEVEL: 1. STUDY 2. EXTRA LARGE DOUBLE VOLUME LOUNGE, LEADING ONTO ENTERTAINERS DECK 3. DINING ROOM AND KITCHEN THE LOWER LEVEL: 3 BEDROOMS ( 2 EN SUITE) 3 BATHROOMS TWO BEDROOMS WITH DIRECT ACCESS TO GARDEN LARGE SINGLE GARAGE WITH OFF STREET PARKING FOR TWO VEHICLES

ASKING PRICE R7.2 MILLION

VIEWING STRICTLY BY APPOINTMENT ONLY. PLEASE CONTACT SOLE AGENT /

DEBBIE ON 0731402543

PROPERTIES SOLD BY US

Y US B D L SO

THIS FABULOUS PROPERTY , STRAIGHT ACROSS FROM THE WATERS EDGE,SOLD BY US. IT BOASTS: UNOBSTRUCTED VIEWS ACROSS THE BAY 3 BEDROOMS, 3 BATHROOMS, EXTRA LARGE DOUBLE VOLUME LOUNGE, VIEWING PATIO, DOUBLE GARAGE AND OFF STREET PARKING. ASKING PRICE R3.8 MILLION

PROPERTIES SOLD BY US

Y US B D L SO

THIS CHARMING COTTAGE WITH UNINTERRUPTED VIEWS ACROSS THE BAY, 3 BEDROOMS, 3 BATHROOMS EXTRA LARGE LOUNGE AND MODERN KITCHEN / DINING AREA SINGLE GARAGE WITH OFF STREET PARKING FOR 3 VEHICLES. ASKING PRICE R2.5 MILLION

PROPERTIES SOLD BY US

SOLD

BY US

THIS STUNNING PROPERTY, FABULOUS VIEWS, IMMACULATE CONDITION, DOUBLE GARAGE, MODERN FITTED KITCHEN, LOUNGE AND DINING ROOM LEADING ONTO PATIO WITH VIEWS ACROSS THE BAY. 2 BEDROOMS, 2 BATHROOMS.

ASKING PRICE R4 MILLION

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

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A G E N T S ’ D I R E C T O R Y

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PROPERTY DEVELOPERS 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

SEAL PROPERTY DEVELOPERS Durban and surrounds Office 031 537 8411 Email: sealprojectsph@gmail.com www.sealpropertydevelopers.co.za

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

PAPST PROPERTIES Western Cape Office 021 461 3848 Email: margit@papstproperties.co.za www.papstproperties.co.za

KLOOF RETIREMENT VILLAGES Upper Highway - KZN Contact: 073 2100 577 Email: lhan@telkomsa.net www.kloofretirementvillages.co.za

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

IRENE PORTER PROPERTIES Simon’s Town Office 021 786 3947 Email: iporter@yebo.co.za www.ireneporterproperties.co.za

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

DOGON GROUP PROPERTIES Southern Suburbs, Claremont Office 021 671 0258

WESTCOAST PROPERTY Cape Town Office 072 677 8694

www.dogongroup.com

www.westcoastproperty.co.za

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

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

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

debbie.reabow@rawsonproperties.com

southernsuburbs@dogongroup.com

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

Email: kaltoema@westcoastproperty.co.za

www.property360.co.za

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