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PROPERTY

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Occupational rent is an important clause in every sales agreement that needs to be negotiated between the buyer and seller.

O

Understanding occupational rent Buyers and sellers might gloss over this detail in the excitement of seeing a property change hands but it should not be ignored BY BONNY FOURIE bronwyn.fourie@inl.co.za

CCUPATIONAL rent: a concept that most buyers and sellers have some idea about – but they are not always certain of the nitty gritty. Who pays the rent to whom? How is this rent calculated? And when does it become payable? These questions can be answered in the sales agreement between the buyer and seller – but the details are often overlooked in the excitement of finalising the transaction. This can lead to friction down the line. Craig Mott, Cape Town regional sales manager for the Rawson Property Group, says occupational rent is an amount payable by the occupant of a property before transfer of the property has taken place. This makes occupational rent similar to a tenant paying rent. The amount is stipulated in the agreement of sale and is usually equal to the amount the property can be let for. “The differences between occupational rent and ordinary rent lie in the expectation of a change of ownership because the property is in the process of being sold.”

WHO PAYS IT? AND WHY? Mott says the occupational rent clause in an agreement of sale is to make sure that the seller is financially compensated if the buyer moves into a property before registration and transfer occurs. It can also protect the buyer if the seller stays on in the property after transfer. “The logic behind this arrangement is that irrespective of an impending change of ownership, the current owner is still required to service their bond repayment, and manage costs associated with the upkeep of the property, until ownership is transferred.” Mott says this rent becomes payable for a number of reasons but usually because there is some delay between

moving dates and the finalising of the property transfer. WHERE TO FIND THE DETAILS? Occupational rent – or occupational interest, as it is sometimes called – is usually mentioned in the agreement of sale, says Basil Moraitis, Pam Golding Properties regional head in the Western Cape. The most obvious exception is when the buyer will take occupation of the property only on transfer. It becomes “very difficult” for a resident seller and buyer to time and book a move if the occupation date is not stipulated. “Where the occupation date is stipulated, then occupational rental is a must. This is to ensure that the party enjoying occupation of the property, while not being the registered owner, pays an appropriate amount to the registered owner.” Ynnis Willson, branch manager at Jawitz Properties Randburg, says in some instances, such as when the date of occupation is stipulated as “on registration”, the amount of occupational rent will be deleted or left blank because it is not applicable. However, it is not best practice to leave this blank or delete it as the transfer process is often unpredictable in terms of timing, and circumstances might change along the way. “Therefore, even if occupation is on registration, it is always best to negotiate the rental amount when negotiating the sale,” she says. RISKS OF NOT PAYING ATTENTION TO THE CLAUSE If occupational rent is not discussed at the time of the sale negotiation, and circumstances change during the course of registration, Willson says the party who needs occupation could be at a disadvantage as the price negotiated at this stage could be in favour of the other party. “It can be that a seller might need to

retain occupation after registration, or the purchaser may need to move in prior to taking ownership of the property.” If occupational rent is not included in an agreement and, the need arises to reinstate it, says Lisa Connellan, sales and rental manager at Knight Frank, then negotiations between the parties is “a lot tougher”. “On occasion, it has resulted in a situation where parties cannot agree and one party needs to seek interim accommodation.” While agents and conveyancing attorneys can do their utmost to register a transfer on the date agreed to in the contract, she says the Deeds Office turnaround time does fluctuate and there may be situations where a buyer or seller intended to only move on the selected transfer date but now needs to move sooner or later. SETTING THE AMOUNT There are a few schools of thought on this, Connellan says, emphasising whichever method is used, the amount needs to encourage the parties to either move out as soon as possible (in the case of the seller) or want the transfer to register as soon as possible (for the buyer). “A starting point to establish the amount of occupational interest would be 1% of the purchase price but this can be negotiated by parties to a figure to which they both agree.” Echoing this, Moraitis says the rate is usually determined by what the parties agree to be reasonable but, as a guideline, may be calculated in accordance with the rent the property would fetch on the open market, possibly with a slight premium. This does depend on the parties though, Willson adds. “It is very seldom that an amount cannot be agreed, but should that occur, then the parties will need to agree to only move on registration.” Connellan adds: “Be fair and

reasonable when negotiating and be sure to include this clause in your contracts upfront, even if occupation is only on date of transfer. This is for the benefit of both parties and may never come into effect but is best negotiated upfront.” HOW FLEXIBLE IS THE DATE? The conveyancing attorneys will keep the parties up to date on the progress of the transfer, once the property has been lodged in the Deeds Office and Willson says the turnaround time is usually between six and 10 days, which gives both parties time to plan accordingly. If the seller is unable to move out by that date, they are liable to pay occupational rent from the day after transfer. “In terms of the contract, the clause is enforceable, however, in most circumstances, both parties come to an amicable arrangement.” Moraitis agrees: “Property transfer is planned and logged in the Deeds Office, so it will never come as a surprise that transfer was registered. Therefore, the party responsible for paying occupational rent should be adequately prepared to do so from the date of transfer. The agreement would also stipulate the method of computation of the rent and how it is to be paid.” HOW IS IT PAID? Willson says occupational rent is prorata based on the number of days of occupation. Should the purchasers take occupation before registration then the rent will be due and payable prior to them taking occupation. “Normally, we request that this be processed through the conveyancing attorneys as this will allow them to do the pro-rata calculations on registration. In the event of the seller retaining occupation post registration, the conveyancing attorneys may assist again by deducting the pro-rata occupational rent from proceeds of sale.”


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Letter from the editor ONE of our fastest growing digital magazines is our sister publication Home Improver (http://bit.ly/ HomeImprover). With a sharp increase of over 55 000 unique views last year, it was clear South Africans were using their lockdown to fix up their homes. As editor of Home Improver, I received numerous emails last year from our readers relating to things such as: ● How can we painlessly declutter our home? ● How can I turn our dining room into a classroom? ● We live in a small apartment and both my partner and I work from home. Help, what can we do especially when we both have to be on zoom call? There were also an inordinate number of DIY questions and readers looking for tricks and tips to improve their homes on a budget. These certainly were a far cry from questions and emails we used to get about simply beautifying the home. Added to that, our gardening section took off. Homeowners and tenants wanted to have gardens that were not only beautiful but functional – spaces where children could play in hard lockdown but also gardens that could feed the household. Even apartment dwellers were finding some green inside or on balconies to connect them to nature, which we were cut off from in levels 5 and 4. We started viewing our homes differently. Many of us used to leave the house before the sun came up, go to work and only return at night to eat a meal and go to sleep. With longer periods indoors, we were able to see things that needed fixing and areas we had overlooked. We started to give our homes some love, realising the spaces in which we live have a direct impact on our mental and physical health. Here’s to happy days in your homes. Warm regards

Vivian Warby vivian.warby@inl.co.za

The past year’s lockdowns encouraged homeowners to carry out upgrades and renovations.

Changing rooms for changing times

Many homeowners took lockdown as an opportunity to improve their residences so they could fulfil their new functions as offices, classrooms and even gyms BY BONNY FOURIE bronwyn.fourie@inl.co.za

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ANY South African homeowners have been hard at work over the past year, renovating their homes, undertaking maintenance, and making their spaces work better for them. This increase in activity started during last year’s hard lockdown, which saw people confined to their properties for most of the year, and then further encouraged by the drastic lifestyle changes that followed. Areas of particular focus have been the garden and other outdoor areas, work-from-home spaces and multi-functional areas used by all household members. It is therefore not surprising that hardware stores reported aboveaverage levels of confidence last year which, although now slowing, still indicate steady levels of home renovation and upgrades. Siphamandla Mkhwanazi, senior economist at FNB, says building manufacturer confidence increased during the first three months of this year because of “a continued rise in production and domestic sales”. The plausible reason for this, he says, is still-strong retail hardware sales which saw the business confidence of hardware retailers reach 64 in Q4 2020 – much higher than its longterm average of 49. However, he cautions: “Most of the

positive effect of working from home and increased disposable income – for those who managed to keep their jobs last year and did not take a pay cut – on hardware sales is likely behind us. Going forward, growth may come under pressure here too.” Reflecting on the past year, Graeme Steen, chief executive of Kandua.com – a South African online home services marketplace – says trends showed people increasingly investing in home improvements, with the number of monthly requests posted on the portal increasing by 750% compared to April last year. “Renovation requests have doubled... During the initial weeks of strict lockdown, only emergency home repair services could operate. When lockdown eased, there was not only pent-up demand but also an overall increase in improvements and fixes that people wanted to conduct in their homes.” Echoing this, Cedric Sennepin, chief executive of Leroy Merlin South Africa, which partners with Kandua, says it has experienced an ongoing increase in sales since reopening on May 1. “We’re spending more time at home than ever before. This means more wear and tear around the home and also that you’re more likely to notice issues or have ideas for home improvement.” At first, many homeowners took

on relatively simple DIY projects as a stress reliever or a fulfilling way to spend their idle time at home. “We saw a massive increase in sales for interior paint, decorative, gardening and organisational products,” says Sennepin. As the demands on time and homes increased though, more people turned to professionals to get the job done. The pair attributes the increase in home improvement to a number of factors, including that homes have become multifunctional spaces. “Over the past year, our homes have also become our offices, classrooms, gyms, movie theatres and even restaurants,” Steen says. “This is reflected in the increased demand for renovation services. People are transforming their spaces to adapt to their changing lifestyles and are investing money in their homes that would normally be spent on things like travel and entertainment.” Homeowners are, however, cautioned against over-capitalising on their renovations, especially if they are planning to sell in the near future. In addition to spending no more than 5% to 10% of the total value of the property on renovations, Steen says owners need to research the average selling price of properties in their area. “Not every improvement or

upgrade is necessarily going to boost the value of your home. Be strategic – upgraded kitchens and bathrooms add the most value. Renovations that make the house ‘greener’, increasing efficiency, reducing energy bills and benefiting the environment, are becoming increasingly popular.” Outdoor entertainment areas and landscaped gardens are also “guaranteed to add value” if they are renovated and updated well, says Alen Ribic, chief technology officer of SweepSouth, a mobile app that connects homeowners and professionals like plumbers, painters, handymen and electricians. “Carefully consider what to spend money on. “In a kitchen, for example, it pays to invest in gorgeous, functional items, such as a gas hob, a centre island and new counters, and save money by revamping cabinets and giving the walls a fresh coat of paint.” For homeowners looking to make wise upgrades that will appeal to buyers, Pearl Scheltema, chief executive of Fitzanne Estates says: “Buyers are looking for spaces that offer convenience, value, and room for all the new roles a home should play. “Opportunity also knocks for those willing to invest in sustainable buildings, with a renewed emphasis being placed on homes that offer independence from load shedding.”

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.com 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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Buy-to-let investors should ensure the property they are interested in has dedicated work-fromhome space.

How to stand out from the crowd A Qualified Buyer’s Certificate will boost your chances of securing the home of your dreams BY BONNY FOURIE bronwyn.fourie@inl.co.za Q: What is the difference between having pre-approval for a home loan and having a Qualified Buyer’s Certificate? A: One thing that will help you stand out to sellers, estate agents and banks is a Qualified Buyer’s Certificate. This involves a more in-depth process than a pre-approval and is executed by financial experts. ooba Home Loans has found that potential home buyers with a Qualified Buyer’s Certificate increase their chances of being approved by over 90%. To attain such a certificate with ooba Home Loans, an applicant’s credit score, income and expenses are examined with the help of our home loan experts. The process is similar to what the bank will look into when processing your home loan application. Simply put, a Qualified Buyer’s Certificate is a more robust version of a pre-qualification. It is conducted by a home finance expert who evaluates your affordability in much the same way that the banks do. Documents are assessed, in-depth credit checks are performed and your financial position is determined before you receive the certificate.

While pre-approval is all but expected by leading estate agents these days, a Qualified Buyer’s Certificate lends an extra dimension of reliability which really helps you stand out from the crowd. – Rhys Dyer, chief executive of ooba Home Loans Q: I have heard there are new laws about having asbestos in your home and also having it removed? How can I check if my home has any asbestos? A: It’s estimated that as many as one in three unrenovated properties built before 1980 will have asbestos present, so it’s critical that property owners and buyers understand the implications. Last November, asbestos was outlawed and building owners were given 18 months to plan its removal from their properties, including homes, residential complexes, schools and all commercial and industrial buildings. Property owners should not try to identify asbestos on their own because the easiest way to determine its presence is also the most dangerous – there is a very high risk of the exposed asbestos fibres finding their way into the air your family

or employees breathe. It might be difficult to identify asbestos just by looking at it, so you need to send samples to a lab for testing and the mere act of taking samples could well release fibres. DIY enthusiasts should also take extra care when renovating older homes. Common building products that might contain asbestos include: • Steam pipes, geysers and furnace ducts. • The backing on vinyl sheet flooring and adhesives used for installing floor tiles. • Cement sheets and millboard used as insulation around wood-burning stoves. • Door gaskets in furnaces, wood stoves and coal stoves. • Patching and joint compounds for walls and ceilings. • Textured paints. • Asbestos cement roofing, shingles and siding. • Artificial embers in gas-fired fireplaces. Other, older household products which might contain asbestos are fireproof gloves, stove-top pads and ironing board covers. – Michaal de Jager of Michaal de Jager Ontwerp Q: Is it a bad idea to buy an investment property now? And if I were to buy one, how could I be sure I’d be buying the right one? A: Buy-to-let purchasing has fallen off in the past year in response to the Covid19-induced problems with defaulting tenants, rising vacancies and very low rent increases. However, for investors with a medium to long-term outlook, now is actually the best time to buy a carefully selected rental property. Interest rates are really low and prices are negotiable, so astute investors are finding excellent opportunities to acquire properties where the rental income will cover their costs for now and they can expect both rental and capital growth in the future. According to the FNB Property Barometer, up to 30% of property sellers in the below-R750 000 price bracket are downscaling due to financial pressure, or disposing of investment properties to improve their financial positions. And sellers in such circumstances are often

more willing to negotiate than others. We believe properties in this price category are likely to be those most in demand among tenants in the future. Investors also need to be clear on their strategy and expect medium to long-term gains from rental income and capital growth. Other than price, the most important factors to be taken into account in a buyto-let decision include the location of the property with regard to shops and other amenities, excellent security features and, increasingly, a dedicated work-from-home space. – Gerhard Kotzé, managing director of the RealNet estate agency group Q: I know the experts advise that landlords should try not to increase tenants’ rents at the moment but I think my landlord might want an increase. I do not want to move out of this property but also cannot really afford an increase. What can I do? A: The South African rental market is reflecting negative growth for the first time in years, which puts tenants in a good position if they want to negotiate their rent with their landlord. The record-low interest rates have made it possible for the repayments on a home loan to be lower than the rent one would pay on the same property. Tenants can use this information as leverage when negotiating against a rent increase. However, a landlord does not need to forgo the increase and may choose not to renew the lease once it has expired. It is unlikely that a tenant’s lease will be renewed if they have made late rental payments or have had neighbours or homeowners’ associations complain about their behaviour. It is also unlikely that the lease will be renewed if they have made too many unreasonable demands, have been regularly uncooperative or have damaged the property. On the other hand, tenants who have been reliable and easy to work with will have gained favour with the landlord. – Adrian Goslett, chief executive of Re/Max of Southern Africa


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W O R L D MILLENNIALS GO THEIR OWN WAY GLOBALLY, millennials have overtaken baby-boomers as the largest property buying demographic and their needs are very different from their predecessors – including what they expect from estate agents. In the real estate industry, the new guard is beginning to make their distinctive mark by doing things differently, says Yael Geffen, chief executive of Lew Geffen Sotheby’s International Realty. “They are extremely

brand savvy – not only do they recognise the value of establishing their own personal brands, they know that the best way to do so is to align themselves with established and successful, large real estate brands. “They also continually engage with clients and potential clients. They don’t just use social media to advertise properties for sale, they cultivate a strong following by making and posting their own videos which share as much about them as people and

professionals as it does about real estate.” However, Geffen believes the most important quality is authenticity. “Authenticity is a critical key to success but it has to be genuine... Self-awareness and transparency take considerable self-reflection and the conviction and courage to strive to do the right thing are not always easy but it’s well worth the effort as you’ll not only reap professional rewards, but personal ones too.”

Older homeowners can help their adult children buy property by taking out a second bond or downsizing.

TIPS FOR GIVING YOUR ADULT CHILDREN A HAND IN PURCHASING A FIRST PROPERTY PARENTS considering helping their children to get a foot on to the property ladder have no better time than to do it now. Here are a couple of ways to aid them, says Carl Coetzee, chief executive of BetterBond: • Buy together: You can buy a property with your children. Pooling funds in this way could help secure a bigger bond or better property and is certainly a more cost-effective way for first-home

buyers to get into property. If you decide to buy a property as a co-owner with your children, but you don’t want to be tied to monthly bond payments, you could cover your share by taking out a second bond on your own home or release funds by downsizing and buying a smaller home. However, he adds: “Using profit you’ve made from your house sale in this way should only be done if you have sufficient pension funds in place.” • Help them save: If your young adult children are working, but still living at home, it’s a good idea to charge them rent, and put a portion of it aside in an interest-bearing account in your name, to give them towards a deposit when they’re ready to become first-time homeowners.

IF IN TROUBLE, APPROACH YOUR BANK BEFORE YOUR BANK APPROACHES YOU

New-age real estate agents are revolutionising the profession.

Being a good tenant can pay off

Taking care of small repairs and maintenance could put you in good standing with your landlord.

Avoid the anxiety of home loan repayment struggles by contacting your bank as soon as possible.

HOMEOWNERS unable to pay their bonds should not wait for

damage, he says. “We’re probably only really

their mortgage holder to take legal

starting to see the impact of

action before doing something

Covid-19 on personal finances

a payment or, better yet, as soon as you realise you’re going to miss your next payment.” Swain adds: “In most

about the situation, says Bruce

now and, sadly, this is reflecting

instances, the bank wants to find

Swain, chief executive of Leapfrog

in the number of distressed

a workable solution for recovering

Property Group.

properties clients are approaching

the loan and might even consider

us with.”

extending the loan period.

It is understandable that owners will often be overwhelmed

He advises homeowners in this

Banks may even be prepared to

by anxiety and simply hope they

situation to immediately contact

re-finance the debt that remains

will find a way out, eventually.

their bank and, if they want to sell,

after the sale of the property,

But they need to face the issue

a trusted property adviser.

over an extended period of time,

head-on in order to minimise the

“Do this as soon as you miss

without blacklisting you.”

TENANTS might be in a strong position to negotiate a low – or even no – rent increase with their landlords, given the difficult state of the rental market,but their conduct as tenants will have the biggest influence over their chances. Those who hope to position themselves well for rental negotiations, should consider these recommendations provided by Grant Rea, rental specialist at Re/Max Living: • Always pay your rent on time and in full. This might mean consistently paying one day before the rent is due. Ensure all utilities are paid promptly.

• Keep the agent/landlord informed of any necessary maintenance issues and be flexible with access for repairs. • Be reasonable and understand that the agent or landlord cannot be obliged to attend to any and every small maintenance item. Sometimes fixing it yourself will aid your cause when negotiating a lower increase. • Keep the property neat, clean, and presentable. • Keep a record of items you have attended to or improved within the property. Remind the agent or landlord of these without trying to coerce a lower increase.


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What’s new in KwaZulu-Natal PICTURE: ANDREW HARVARD

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

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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PRIME ESTATES ON SHOW SUN 2 - 4:30PM

OFFI­CE 031 767 1217 www.primeestates.co.za

NEW SOLE MANDATE

SUE DINNIE 082 491 5822 www.capcubed.com

VIEW BY APPOINTMENT

NEW SOLE MANDATE

WATERFALL AREA/CRESTVIEW R1 295 000

HILLCREST CENTRAL R2 295 000

ABSOLUTE BARGAIN!! All newly painted - nothing to compare in the area. This double-storey cottage was originally thatch - now covered, but retains thatch character. Downstairs has 2 bedrooms (bic’s), a full bathroom, open-plan granite kitchen and cosy living area with fireplace. Upstairs is spacious enough for 3rd bedroom plus lounge or office. All set on level ½ acre with room to build a large home. Boards from Waterfall Centre to Crestholme Drive. To view, call ANN 072 425 9411 • Web: 100872177

HIGHBURY SCHOOL AREA - FREESTANDING - LOW LEVY! Super-secure Estate. This fully tiled home has just been freshly painted inside & out, and the large driveway newly tarred. 3 Beds, 2 baths (new en-suite), large open plan granite kitchen, double auto garage and a fully walled garden. 2 Small dogs allowed, no cats. Walk to all amenities.

ON SHOW SUN 2 - 4:30PM

SOLE MANDATE

Call DEBBIE 082 903 2024 • Web: 109099251 VIEW BY APPOINTMENT

GILLITTS R1 895 000

HILLCREST R1 895 000 (RETIREMENT)

COMPLETELY RENOVATED - ALL BRAND-NEW FINISHES!! Stunning in pastel grey & white - 3 beds, 3 baths, gorgeous Caesar-stone kitchen, large open plan living area & a double auto garage. End unit with corner garden & views. Medium dog, no cats. Close to new Checkers. Move in now! Follow boards from new Gillitts Checkers to Regent Park.

RETIRE IN STYLE - POPULAR GREEN MEADOW COUNTRY ESTATE At last - a 2-bed garden apartment!! Modern with loads of extras - this end unit has a stunning Caesar-stone kitchen, large living area, with enclosed sun-lounge, 2 large beds, bathroom with shower, dbl vanity and heated towel rails. A 2nd toilet, clear-view burglar strips & fitted blinds are extras. 2 Carports, a lock-up storeroom, garden on 2 sides. Superb facilities include heated pool, Clubhouse, library, clinic sister, hairdresser. Fibre & DSTV connections. Call DEBBIE 082 903 2024 • Web: 109653290

Call DEBBIE 082 903 2024 • Web: 108971396 VIEW BY APPOINTMENT

SOLE MANDATE

KLOOF (GOLF COURSE AREA) R4 250 000

UNBELIEVABLE VALUE... 4/5 BEDROOM FAMILY HOME ++ SEPARATE 2 BED COTTAGE Seeing in believing..... this is a large family winner!! MAIN HOUSE has 4/5 bedrooms, 2 bathrooms, 2 lounges, separate dining room, large gourmet kitchen, 2 covered entertainment patios overlooking level established garden with pool. Double garage & tandem carport. COTTAGE has large open plan lounge/granite kitchen, 2 bedrooms and 1 bathroom. Single auto garage & carport. Call AMANDA 079 528 0942


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FEW T S LA THE M FRO PER O L E DEV

Freestanding 3 bedroom homes from R3 450 000 You could own a modern Farm Style home in the heart of the economic stronghold Sunshine on your face and grass under your bare feet! This is how you’re supposed to live Your own garden, lock-up double garages and spacious rooms Communal Park and Pool

Call now 081 281 3960 to view by appointment! www.woodland.co.za | info@woodland.co.za 2 Woodlands Close, Prestondale, Umhlanga


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KLOOF / PADFIELD PARK LIVE THE LIFE YOU'VE IMAGINED

FROM R1 450 000 NO TRANSFER DUTY

BUSHWILLOW VALLEY IV

OVER 50s LEISURE LIFESTYLE ESTATE NOW SELLING OFF-PLAN 2 & 3 Bedroom Sectional Title Units Now selling off-plan, in a variety of different size and layout design options, Bushwillow Valley IV offers 16 two and three-bedroom sectional title units in the heart of Greenhaven Estate. Featuring contemporary country-style architecture, these spacious, single-level units come with an open-plan design and a selection of modern finishes.

LEISURE LIFESTYLE ESTATE FOR OVER 50s

BOOK AN ESTATE TOUR / CALL 079 046 1441 / GREENHAVENESTATE.CO.ZA

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What’s new in

Gauteng

PICTURE: STEFFEN LEMMERZAHL/UNSPLASH

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

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

margi.marsland@inl.co.za shevon.philander@inl.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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PRIME LOCATION!!

BLUE CHIP INDUSTRIAL PROPERTY GLA: 6100 m²

LONGMEADOW BUSINESS PARK - EDENVALE, GAUTENG

ONLINE BIDDING: 12:00 05-06 MAY 2021 BID AND REGISTER: www.vansauctions.co.za

AUCTION OF: 17 ANGUS CRESCENT, LONGMEADOW BUSINESS ESTATE, NEAR EDENVALE Lot 1 Lot 1

Lot 1

Lot 2 Lot 1 Lot 1 Lot 1

Lot 1

Lot 4

Lot 1

Lot 1 (9% Share)

Auctioneer’s note: The locality and quality of this property rank in the highest of standards that money can buy in Gauteng. Don’t miss this opportunity! Extent: 6749 m² GLA: 6100 m² Zoning: Special for specialized manufacturing, commercial and offices Electricity: 3 Phase, 560KVA Parking: 83 Gross rental potential: Through rate: R72,50/m² (Incl VAT) Annual turnover of R5,520,000 (Incl VAT)

Improvements: (6358 m²) Finished in the highest standards of Prime Industrial Property, consisting of; - Magnificent reception and boardroom facilities - Offices (± 2000 m²) stretching over 2 floors perfectly placed between open plan spaces and executive offices, gym, canteens and ablutions. - Large factory area (± 4100 m²) divided into 2 open areas each with own roll-up door access. Other: Guard house, strong room, generator room, UPS room and much more......

Property can easily accommodate 2 tenants!!

R500,000 Registration Fee. 10% deposit & commission plus VAT. Bidders to register & supply proof of identity and residence. Regulations to Consumer Protection Act: www.vansauctions.co.za Rules of Auction to be viewed at 36 Gemsbok Street, Koedoespoort Industrial, Pretoria. Tel 086 111 8267 | Auctioneer: Martin Pretorius

WEB21/0045

BIDDERS TO REGISTER ONLINE, REGISTRATION FEE OF R500,000 PAYABLE VIA EFT ONLY, FICA DOCS REQUIRED TO BE ABLE TO REGISTER.


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49 ha PRIME DEVELOPMENT LAND, BORDERING THE R21MODDERFONTEIN, GAUTENG

Ideal for Industrial & Affordable Housing

ONLINE BIDDING: 12:00 12-13 MAY 2021 BID AND REGISTER: www.vansauctions.co.za AUCTION OF: INDUSTRIAL DEVELOPMENT AND POTENTIAL SHOPPING CENTRE/ FILLING STATION DEVELOPMENT, CLAYVILLE EXTENSION 47, NEXT TO THE R21

PTN 125

PTN 124

PTN 126

R21

PROPERTY DESCRIPTION: Erven 124 & 125 & 126 of Farm Olifantsfontein 402, Modderfontein next to R21. PROPERTY 1: (± 1km R21 Frontage) Measuring: 21,3 ha Earmarked rights: Industrial, special storage & distribution, related offices and commercial. PROPERTY 2: Measuring: 19, 89 ha Earmarked rights: Affordable housing, petrol station, shopping centre and Industrial. PROPERTY 3: Measuring: 7,45 ha Earmarked rights: Affordable housing, petrol station, shopping centre and Industrial. Auctioneer’s note: This land is of the very last to be sold next to the R21, don’t miss this opportunity!

WEB21/0041 R500,000 Registration Fee. 10% deposit & commission plus VAT. Bidders to register & supply proof of identity and residence. Regulations to Consumer Protection Act: www.vansauctions.co.za Rules of Auction to be viewed at 36 Gemsbok Street, Koedoespoort Industrial, Pretoria. Tel 086 111 8267 | Auctioneer: Martin Pretorius

BIDDERS TO REGISTER ONLINE, REGISTRATION FEE OF R500,000 PAYABLE VIA EFT ONLY, FICA DOCS REQUIRED TO BE ABLE TO REGISTER.


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What’s new in the

Western Cape

PICTURE: TARYN ELLIOTT

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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5 WAYS TO MAKE MOVING HOME STRESS-FREE Many experts believe that moving home can be one of life’s most stressful events. But with a little planning and preparation, you can take the anxiety, tension and pressure out of it. Check out these five ways you can easily minimise moving stress for a smoother, happier and more positive experience. 1. Draw a budget Moving home is not only a stressful experience, but can also turn into a costly one. To avoid unnecessary spending, your first step is to look at how much you have to spend on the actual moving process. By drawing up a budget, you will have a better idea on how much you can spend on moving services and how much you can spend on packing requirements like bubble wrap, boxes and tape. It should also give you a good idea on whether you can splurge on a packing service or if you may need to arrange that yourself. 2. Decide on DIY or Professional Movers Once you know how much you have to spend on the move, it’s time to decide on whether you will make use of the services of a professional mover or if you will do it yourself. Keep in mind that a DIY move isn’t always the easiest, best or most cost-effective option – especially if you’re moving a fair distance that will require you to make several trips back and forth. Aside from renting a trailer or truck, you will also have to hire labour to assist; and this can become an expensive exercise. Instead, ask your friends and family (Facebook is a great place to start) to recommend movers they’ve used in the past – there might be smaller and independent movers that you might not know about and that might fit within your budget. Don’t just settle for the first recommendation either. Contact the various recommended companies for quotes; we’re almost certain you will find one that won’t blow your budget. Once you’ve decided on what option works best, make sure you book it as soon as possible. Movers, in particular, are often reserved weeks in advance. Another pro-tip is to consider moving mid-week and mid-month; these are often cheaper, as the demand is lower. 3. Notify relevant people Your move may not necessarily fall on a weekday, but you may still want to take time off before and/or after your move – as said, moving can be stressful, and downtime can be just what the doctor ordered. So, consider the possibility of taking time off. Also notify your close friends and family about your move, so that they can assist with babysitting and/or pet-sitting, lend a helping hand with the actual move, or even send you and your family a warm meal after a long day of moving. 4. Pack like a pro Once you know who is moving your home contents, it’s time to start packing. The key rule here is to start sooner rather than later: leaving things to the last minute will only add additional anxiety to an already stressful situation. Plus, working in advance of your move will give

you enough time to sort through your possession, throw out or donate unwanted items, and wrap up and box the items that you’re taking with you. Here are a few pointers to pack like a pro: • Source supplies: make sure you have all the right stuff for packing. You can source boxes from your local grocer or purchase new boxes or re-useable plastic boxes from specialist suppliers or moving companies. Don’t forget the bubble wrap or newspaper to wrap up fragile items and tape to ensure your boxes are well sealed. •

Keep track: Keeping track of what you’ve packed in which box is one of the trickier sides of starting to pack earlier. The easiest way around this is to pack the non-essential items room by room and clearly label each box with its destination in your new house and what some of the contents are – make sure you add the labels on the side of the boxes, so that you can still read them when they’re stacked. On the day of the move, make sure you instruct the movers to place the relevant boxes in the relevant room; this will prevent you wasting time lugging heavy boxes around yourself and will give you more time to focus on unpacking.

Another pro-tip is to mark every box packed and then correlate the numbers (and contents, if you like) on a spreadsheet on your computer or physical notebook. This will make it easy to check that nothing gets left behind. 5. Action items the day before your move Turn your fridge and freezer off the night before you move, to allow sufficient time for it to defrost and to be cleaned out before your move. Make sure you empty the drain pipes and dirt traps on your dishwasher, washing machine and dryer; lock your valuables and very fragile breakables in your car the night before (please only lock your valuables away if you have secure, safe parking - alternatively, ask a close family member to store them for you for the duration of your move). Don’t water your pot plants at least 2 days before your move, as this will make them heavier to carry and more likely to drip or stain other items. Lastly, don’t forget to keep a few essential items aside for the day of the move. These include a change of clothes; basic toiletries; a first aid kit with headache tablets and plasters; snacks and drinks to fuel up on the day of the move; a dustpan and brush; black bags; and a couple extra boxes and tape on hand. If you’ve not been able to arrange a babysitter for your kids on the day of move, make sure that you keep some toys, books and games aside that will keep them occupied while moving. For more information, email marketing@rawsonproperties.com or visit www.rawson.co.za for the latest market tips and industry news.

Real estate,

the way better way We know that when agents can spend more time building real relationships, everybody wins. That’s why our ecosystem of products and tools allows for the seamless integration of everything an agent needs to take care of the rest.

Want in? We're growing our team Email join-us@rawsonproperties.com


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Your Neighbourhood Experts

OBSERVATORY - R3,695,000

WEB REF: 1099142

LARGE PROPERTY WITH FIVE BEDROOMS NEAR HARTLEYVALE. This income-earning digs home has four spacious bedrooms and an outside room. Alternatively, it offers a large dining room and lounge with fireplaces as a three-bedroom, two-bathroom home. JOHN BIRKETT: 083 444 5767 OFFICE: 021 674 1094

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ROSEBANK - R2,395,000

THREE BEDROOM TOWNHOUSE IN POPULAR ST. GEORGE - MAKE AN OFFER! This double-story freehold unit is in a secure complex that offers a North-facing living room, private patio, kitchen with backyard, cloakroom and a direct-access garage. It’s three bedrooms with built-in cupboards and two bathrooms, one en-suite. STEVE DE VILLIERS: 073 216 1638 OFFICE: 021 674 1094

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WEB REF: 1097961

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NEW RELEASE

NEWLANDS - R3,995,000

WEB REF: 1097393

UNRIVALLED LUXURY AT THE PREMIER IN NEWLANDS. Modern and neat, this apartment consists of two bedrooms (main en-suite), a second family bathroom, and an open-plan living area. There is a spacious wrap-around balcony with the scenery of Table Mountain and surrounds. SARAH JAY KINNER: 072 971 1898 OFFICE: 021 674 1094

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OBSERVATORY - R1,850,000

WEB REF: 1098498

WELL DESIGNED ONE BED IN NEWLY BUILT WINCHESTER – IMMEDIATE OCCUPATION! Situated in contemporary Winchester, this apartment offers a fair-sized bedroom with an en-suite, a wellappointed kitchen and open living that flows to a balcony with uninterrupted mountain views. OLIVIA TREGELLAS: 079 358 7970 JAMIE BISHTON: 073 669 6127

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NEW RELEASE

SOLE MANDATE

CLAREMONT UPPER - R1,599,000

WEB REF: 1095816

ELEVATED TWO-BEDROOM APARTMENT IN SOUGHT AFTER MARLBOROUGH PARK. Situated in the lovely Marlborough Park, this two-bedroom apartment offers a blank canvas for savvy renovators and investors. There are fantastic views! The property is available for immediate occupation. NOELEEN SCHREUDER: 082 556 4233 OFFICE: 021 674 1094

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CLAREMONT UPPER - R1,995,000

WEB REF: 1099237

NORTH-FACING LOFT APARTMENT IN SOUGHT-AFTER UPPER CLAREMONT. This property is situated in the secure, recently built, upmarket Collingwood Place. The lock-up-and-go has one modern bedroom and mountain views from the upstairs bedroom and downstairs living area. It includes a covered parking bay and storeroom. OLIVIA TREGELLAS: 079 358 7970 JAMIE BISHTON: 073 669 6127

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SOLE MANDATE

CONSTANTIA - R9,500,000

WEB REF: 1086149

COME AND VIEW THIS SPACIOUS FAMILY HOME IN A TRANQUIL SETTING. It offers open-plan living, a separate air-conditioned TV room, a kitchen with separate scullery and four garage access. The lounge and dining room flow to an indoor bar and an expansive undercover patio. There is a borehole and irrigation system. CANDICE HUGHES: 072 292 7508 SANDY DICEY: 082 785 4803

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CONSTANTIA - R11,500,000

WEB REF: 1083295

LOOKING FOR A SUNNY, ELEVATED FAMILY HOME WITH SUPERB INDOOR/OUTDOOR ENTERTAINMENT? This house offers a spacious, open-plan kitchen that flows to a family lounge. The bedroom wing comprises four bedrooms, with the main bedroom opening to the garden and gorgeous mountain views. A separate bedsitter cottage is also available, with exposed beams, a fireplace and a secluded patio area. Potential of dual-living accommodation or B&B. Looking at offers from R9 995 000. CANDICE HUGHES: 072 292 7508 5 4 4 SANDY DICEY: 082 785 4803

SOLE MANDATE

BISHOPSCOURT VILLAGE - R6,250,000

WEB REF: 1090866

3-BED HOUSE IN BISHOPSCOURT VILLAGE. Charming Convenience. Characterfully Cherished. Comfortably Cheery. This appealing, double-storey home is beckoning for modernisation. Downstairs you’ll find a spacious entrance hall leading to a large lounge with a fireplace. DEIDRE TRACEY: 083 753 5226 OFFICE: 021 761 1055

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SEA POINT - R29,500,000

WEB REF: 1086913

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CONSTANTIA - R7,850,000

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WEB REF: 1098687

LUXURIOUS LOCK-UP-AND-GO LIFESTYLE IN THE HEART OF CONSTANTIA UPPER. In this home, you’ll find excellent flow from the kitchen to dining and lounge. Ground-level offers another spacious lounge and dining area, with a cosy pub and undercover patio. Bedrooms open onto a pretty sun-filled private courtyard. For bathrooms, there is one family and one en-suite with the main room. There is a separate study and garages with direct access. CANDICE HUGHES: 072 292 7508 SANDY DICEY: 082 785 4803

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SPACIOUS PENTHOUSE OFFERING FOUR-BEDROOM PLUS FOUR BATHROOMS. This two-level apartment offers high-end finishes, and custom made wooden cabinetry in the kitchen, study and bar room. Polished marble floor tiles are found throughout the large entertainment area and woollen carpets in the four bedrooms. Seller considering all offers. DIANE BROWN: 083 377 2949 MIKE BROWN: 083 251 3570

SOLE MANDATE

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SEA POINT - R15,899,999

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WEB REF: 1097751

ONE OF TWO LUXURIOUS TWO-BEDROOM PENTHOUSE APARTMENTS - ALPHA ONE - SEA POINT. Offerings are two bedrooms with built-in cupboards. The floors are covered with high-quality carpeting and underfloor heating in the bedrooms. The home has two bathrooms (main en-suite) and a large living/dining area that opens onto a large balcony. Extras: two parking bays, a storeroom, and so much more. DIANE BROWN: 083 377 2949 MIKE BROWN: 083 251 3570

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SOLE MANDATE

BLOUBERGSTRAND - R5,700,000

WEB REF: 1094808

PRESENTING A BEAUTIFUL HOME ON THE RIDGE IN BLOUBERGSTRAND. This home offers a wonderful lifestyle in an atmosphere of comfort, privacy and relaxation with spectacular views.

MELINDA GLANVILL: 078 342 6678 OFFICE: 021 557 5514

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FLAMINGO VLEI - R3,200,000

WEB REF: 1094365

FABULOUS FAMILY HOME AWAITS. This double-storey family home is situated in Flamingo Vlei. There are three bedrooms upstairs and two bathrooms. Downstairs you’ll find an open-plan kitchen, separate scullery, and guest restroom. The home boasts a built-in braai and sliding doors. There is a double automated garage, as well as plenty of parking space. TRACY BAILEY: 083 303 1066 OFFICE: 021 557 5514

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SOLE MANDATE

BLOUBERGSTRAND - R15,900,000

WEB REF: 1098063

IMPRESSIVE MULTIFUNCTIONAL SEASIDE HOME - BLOUBERGSTRAND. The living is easy in this impressive, generously proportioned contemporary residence with panoramic views of the sea, Table Mountain and Robben Island. Book now with the agent for a personalised property viewing. Be prepared to fall in love! LEON OLIVIER: 071 564 5931 OFFICE: 021 557 5514

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BLOUGERG SANDS - R2,999,000

WEB REF: 1097555

LOVELY FAMILY HOME IN A QUIET AREA. This beautiful house offers three bedrooms, two bathrooms and a double garage with access to the house. The kitchen has a gas hob and scullery with laundry. For relaxed family days, there is a braai room with an attached patio and a sparkling pool. Welcome loved ones to the one-bedroom granny flat. The home is prepared with an inverter for load shedding. HANRO BOTHA: 083 397 3311 LORRAINE CROUS: 083 797 0002

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SOLE MANDATE

SUNSET BEACH - R7,195,000

WEB REF: 1093292

PERFECTION PERSONIFIED! This magnificent masterpiece has everything for the discerning buyer! A bonus of a third-floor view deck with sensational scenery! There is a double garage, complete security and a full domestic suite. ADELE WERTH: 082 555 8365 DEBRA PETERS: 083 269 6776

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BIG BAY - R3,850,000

WEB REF: 1096148

PRESENTING A SPACIOUS HOME IN SOUGHT-AFTER NAUTILUS IN BIG BAY. This home is in a gated village in Big Bay and just a stroll away from Blouberg Beach. The space is light-filled and ideal for the larger family or the extended family. JAQUES MULDER: 084 250 1665 MICHELE PECORELLI: 084 250 1693

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Your Neighbourhood Experts

WE AUCTION EVERY WEDNESDAY Enquiries: Office 079 980 3457

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Tanya: 082 411 9599

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Email: tanya.auctions@rawson.co.za

RESERVE PRICE: R3,500,000

RESERVE PRICE: R1,975,000

ALL OFFERS WILL BE REVIEWED

ALL OFFERS WILL BE REVIEWED

PINELANDS

WEB REF: 1098383

STUNNING THREE-BEDROOM HOUSE. Address: Forest Drive, Pinelands. Erf size: 833m2. Threebedroom house. This home offers everything that a small family would need: one family bathroom, a spacious lounge and a dining room, and a fully fitted kitchen and scullery. There is a study room, a well-maintained garden and braai and pool areas. Secure parking is possible with a double garage and space for two more vehicles. Expected opening bid: R3.45 mil. JACQUES VAN DER HAAR: 068 263 3398 OFFICE: 079 980 3457

RICHWOOD

CONVENIENT CONTEMPORARY LIVING. Address: De Zicht, Sylvia Street, Richwood. Unit size: 106m2. Beautiful ground floor apartment consisting of three bedrooms. This complex home has a main room, bathroom en-suite, and one family bathroom. There is an open-plan lounge and dining area and a fully fitted kitchen. You can also relax in your private garden. There is covered parking for two vehicles in this secure estate, which is guarded 24/7 with controlled access.. Expected opening bid: R1.9 mil. LUCILLE PARKER: 065 957 4117 OFFICE: 079 980 3457

RESERVE PRICE: R1,150,000

RESERVE PRICE: R9,000,000

ALL OFFERS WILL BE REVIEWED

ALL OFFERS WILL BE REVIEWED

TYGER VALLEY

WEB REF: 1099457

WEB REF: 1097700

SECURE TWO-BEDROOM APARTMENT. Address: Cascades Terraces, Waterfront Road, Tyger Valley Unit size: 106m2. Two-bedroom apartment, one full bathroom. You’ll find an open-plan lounge, dining room and fully fitted kitchen. The balcony can allow for a gas braai. The complex has a communal pool, secure undercover parking, and is guarded 24/7 with controlled access.. Expected opening bid: R1.1 mil. WALTER HANSBY: 082 907 2333 OFFICE: 079 980 3457

SWELLENDAM

WEB REF: 1098832

ONE OF S.A.’S LARGEST BIODYNAMIC FARMS. Address: Remainder of portion 54 Farm 109 Klip River, Swellendam. Farm size: 180.35 Ha. Magnificent farm at the foot of the Langeberg mountains, between Ashton and Swellendam. The farm on offer has two main houses, two cottages, two wendy houses and an additional camping site for visitors. This is a one-of-a-kind property in Southern Africa. Solar-powered. Expected opening bid: R6 mil. ILDA: 084 762 7195 JENNI: 067 165 3737

RESERVE PRICE: R1,200,000

RESERVE PRICE: R85,000,000

ALL OFFERS WILL BE REVIEWED

BRIDGETOWN

WEB REF: 1099285

SECURE THREE-BEDROOM APARTMENT. Address: Marrakech, Bosduif Road, Bridgetown. Unit size: 57m2. Newly renovated three-bedroom apartment. The third bedroom is an innovative design with a mezzanine play area. There is also one bathroom, an open-plan lounge and dining area, and a fully-fitted kitchen. The secure complex is close to all major amenities. Expected opening bid: R1.15 mil. DIANA MASON: 083 260 2343 OFFICE: 079 980 3457

GOODWOOD / RIVERTON

WEB REF: 1096781

PARKFAIR DEVELOPMENT - SOLD AS TURNKEY COMPLETED PROJECT. PROJECT TO BE COMPLETED BY END MARCH & CERTIFICATES AVAILABLE IN APRIL. Address: Parkfair, Halt Road, Riverton, Goodwood. Erf size: 1246m2. Upmarket development in Riverton (Goodwood / Elsies River) - ideal for student accommodation (Project completion and occupancy certificates available in April. - would be ideal for student intake for 2021). Four floors of residential units (100 apartments with 240 beds - not sectionalised) plus a retail floor. Projected rental income of R1 083 000 per month – Gross yield 15.3%, and Nett yield 12.2%. Expected opening bid: R60 mil. HANS BUYS: 082 964 6852 OFFICE: 079 980 3457

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SOLE MANDATE

ELIM - R7,800,000

WEB REF: 1093412

BED AND BREAKFAST GUESTHOUSE. Beautiful, well-known and looked after property situated in a popular area in Kuils River. This BnB offers easy access to Cape Town International Airport.

MARIUS FOOT: 081 207 3335 STEPH VENTER: 064 843 9698

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SOLE MANDATE

PROTEA HEIGHTS - R2,999,000

WEB REF: 1076265

SECURE LIVING. Here is a perfect house in the ideal estate, close to schools and shopping centres. It’s situated in the heart of Protea Heights, with easy access to the Bottelary Road. This mansion is a must view! JACQUES LE SUEUR: 083 685 6548 OFFICE: 021 204 8555

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SOLE MANDATE

MORGENSTER HEIGHTS - R2,599,000

WEB REF: 1088352

ALL-IN-ONE. Space, harmony and family all in one. This home is in the heart of Morgenster Heights, Brackenfell on a 741m² plot. On entry, it offers an enchanting garden behind glass bricks that light up at night. MOEGAMAT SAMUELS: 078 218 7141 OFFICE: 021 204 8555

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WEB REF: 1098684

FACE BRICK GEM NOT TO BE MISSED. This ideal low-maintenance lock-up-and-go home is situated in the heart of Brackenfell South in a quiet neighbourhood.

IVAN JVR: 072 508 4635 OFFICE: 021 204 8555

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SOLE MANDATE

SONEIKE - R2,499,000

WEB REF: 1100273

FAMILY GEM ON BIG CORNER PLOT. If you’re looking to purchase a family home with lots of potential to extend, look no further. This ideal located property has got too much to mention and the neatness speaks for itself. IVAN JVR: 072 508 4635 OFFICE: 021 204 8555

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SOLE MANDATE

BRACKENFELL SOUTH - R1,599,000

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VREDEKLOOF - R1,275,000

WEB REF: 1098549

WHAT AN INVESTMENT! Vredekloof Square is a well-maintained complex that is perfectly situated close to schools, shops and has easy access to the N1.

KONSTANT LOURENS: 064 808 8356 OFFICE: 021 204 8555

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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. Complete one application and she will apply to all 4 major banks and negotiate the best interest rate on your behalf. Call her for quick and efficient service Please feel free to contact Celestine at any time on 084 559 1786 | celestine@property360.co.za

www.property360.co.za

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Profile for ANAPublishing

Property360 - National Digital Magazine - 30 April 2021  

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