Property360 - National Digital Magazine - 8 October 2021

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PROPERTY

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EASING OF TRAVEL BANS HELP TOURISM PROPERTY OWNERS TAKE OFF PAGE 3

PICTURE: AUSTIN ZHANG/PEXELS

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South Africa needs to concentrate more on authentic local and rural offerings to boost tourism.

PICTURE: JOEL HERZOG/UNSPLASH

Ready for a new start Experts say travel will be focused on local is lekker, inclusivity and sustainability

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

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S TRAVEL and tourism prepare for a fresh start following lifting of the hard lockdown, it is time to prepare for new trends and embrace changes that will boost the sector in South Africa.

To do this we need to focus on local flavour, inclusivity and sustainability.

Short-term let property owners have had a tough run over the past 18 months but with revival hopefully around the corner, the relaunch of travel could also transform the country’s tourism offerings.

New types of visitors and a changed outlook mean tourism service providers, including holiday accommodation owners, can cater for future tourists and overcome much of the negative impact of the pandemic.

LOCAL IS LEKKER Africa’s Travel and Tourism Summit, held in Joburg recently, revealed that the catalyst for a new kind of travel is the value of community and rural tourism.

Safiyya Akoojee, a director at

law firm Thomson Wilks, says empowering local communities means community and political leaders need to effect change that is beyond political agendas.

“We need to look inward before looking outward. Local communities, right down to rural level, have doctors, nurses, carpenters and other professionals who can help establish tourism in their communities.”

While the coronavirus pandemic has dampened global travel, many tourism authorities have been looking at their domestic markets to retain revenue. Chris Lehane, head of global policy and communications at Airbnb, reports there has been an uptick in domestic tourism since the outbreak of the virus.

“In South Africa, domestic travel increased by more than 600%, with North West province growing at 130%.”

Most of that travel was by car, with travellers opting for more isolated nature-based and rural destinations.

He adds that tourists are

travelling for different reasons, which is an attribute of the new kind of travel.

“The outbreak of loneliness, pandemic of isolation and depression has made tourists look for more meaningful travel.”

LONGER STAYS Globally, Airbnb data shows that travel is also becoming more long term, propelled by the flexibility created by remote work. The platform says it is seeing 250% increases in the share of longterm stays for self-reported business travel. Long-term stays (28 or more nights) was Airbnb’s fastest-growing trip-length category in Q2 2021.

“In South Africa, we launched a campaign with Wesgro (trade and investment agency in the Western Cape) in March to promote remote working vacations across Cape Town and the Western Cape to South Africans,” it states.

RESPONSIBLE TRADING Rosemary Anderson, national chairperson of the Federated

Hospitality Association of South Africa (Fedhasa), says the association continues to emphasise that responsible trading, together with the vaccination of all South African residents, is the only sustainable solution to the industry’s fight against Covid-19.

“Fedhasa has created and rolled out a robust set of health and safety protocols and our members are acutely aware of the importance of adhering to these standards to safeguard the public and continue trading.

“No industries are as aware of the direct relationship between adherence to protocols and recovery than hospitality and tourism,” Anderson says.

However, Covid protocols, vaccination drives and the return of tourists do not mean the end of the battle. The industry’s “real fight” is to create an environment that is more conducive to attracting international visitors.

SUSTAINABILITY “If we could remove the major obstacles to travel to our country, such as having a huge reduction in violent crime, the number of tourists visiting our country would double and triple.

“That is what we should all be working towards. This could be a game changer when it comes to dramatically reducing unemployment in South Africa, which is our biggest challenge.”

Anderson says the “wonderful thing” about tourism and hospitality is that they can absorb people from all sectors.

“One does not even need formal education to be really good at one’s job in this sector – hospitality and tourism could be our silver bullet to reducing unemployment in our country.”

Lehane says travel has

fundamentally changed as a result of the pandemic and that Airbnb, together with the government and stakeholders, needs to rebalance travel to be truly sustainable, domestic, diverse and inclusive.

“The Airbnb platform is helping to lead the global travel recovery by enabling anyone to become a tourism entrepreneur.

To advance this vision of inclusive tourism, we are supercharging the Africa Academy by investing in infrastructure that will allow people to connect to our global network, creating our firstever entrepreneurial education programme and re-investing in the next generation of tourism entrepreneurs.”

BACK TO BASICS Hamza Farooqui, founder and chief executive of Millat Investments, says South Africa will need to take a “tourism for dummies” approach to rebuilding its industry. This includes ensuring the safety of tourists, having a coherent strategy and creating an enabling business environment.

“There are three things that South African tourism has going for itself: a year-round mild climate, welcoming people and authentic cultural diversity. But there are three things that go against it: an absence of safety, a lack of coherence between all tourism role-players and an unwillingness to be open for business on a global scale.

“All of these cracks need to be addressed if we are to rebuild tourism,” Farooqui says.

In addition to recognising African tourists – who make up 80% of foreign arrivals in the country before and during Covid – South Africa needs to look for alternate source markets, such as the Middle East, China and India.

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Letter from the editor DECEMBER is in sight and many places are winding down from a tough year.

However, we do still have a good few months before the builders’ holidays begin and, with the prospect of tourism picking up, many people will be freshening up their holiday lets.

It’s been a tough time for hotels (many shut down due to prolonged antiCovid-19 strategies which saw international borders closed) and also for those who usually make their money from Airbnb or short-term holiday lets.

The dilemma of those who let their property to make a buck from tourism is whether to go with the safe option of a long-term rental or to be brave and hold out, assuming our removal from Britain’s “red list” will result in tourists descending on our shores.

The fact is lockdowns have devastated some industries, particularly the tourism and hospitality industries and holiday letting, B&Bs, lodges and hotels have been particularly hard hit.

It has forced us to look at our buy-to-rent investments differently and also how we take our holidays.

I believe we will still only know, as it happens, how human behaviour will change when it comes to how we opt to holiday and the accommodation we choose.

Either way, we at Property360 wish you all well with your holiday rentals and we are also curious to know what will be next – how we can ensure the homes we rent out are what the traveller of the future wants.

Warm regards

Vivian Warby vivian.warby@inl.co.za

FIND US HERE: @property360.co.za

@property360_za

@property360.co.za

The lifting of some international travel bans and the move to level 1 is expected to reignite the tourism property industry.

PICTURE: RENE RAUSCHENBERGER/PIXABAY

Welcome – we’re open for business SA’s removal from Britain’s travel ‘red list’ could mean thousands of British tourists and expats will flock to our shores this summer

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

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HE EASING of lockdown restrictions and the long-awaited removal from the UK’s “red list” is expected to breathe some desperately needed life into the country’s hospitality industry.

The industry, and tourism property owners, have taken a heavy blow over the past year and a half – some more than others – but these moves, in conjunction with improved vaccination levels and summer holidays around the corner, could spark some sort of revival.

Since March last year, says Rosemary Anderson, national chairperson of the Federated Hospitality Association of Southern Africa, all accommodation providers, especially hotels, have taken a dramatic knock.

The extent of the damage has varied, depending on the type of accommodation offered and where it is located.

“A good example would be in Sandton where half of our four and five-star hotels are still closed and those that are open are operating at just over 20% occupancy, which is not financially sustainable.”

This is opposite to the situation for many self-catering lodges in attractive locations in the country, which are now back to pre-Covid occupancy levels.

“Hotels in the city centres of Cape Town, Durban and Johannesburg have generally been hardest hit,” Anderson says.

Self-catering establishments have done about 20% better than other accommodation types.

“This also links to the attraction of lodges in outlying areas where people feel they are safer not being in close contact in crowded environments – and they can do their own cooking/food preparation.

“They also need open space following being cooped up for so many months of lockdowns which included curfews, provincial restrictions and, for some, what felt like ‘house-arrest’.

“So, getting away to a country location, and not being cooped up with lots of other people, is what has been most attractive to others.”

With the UK – a major source of tourism to South Africa – taking us off their red list this week, there will be improvement for more tourism property sectors.

“Having visitors from this source market returning to our shores will have a dramatic and noticeable impact and will go a long way to help the sector’s recovery efforts...

“This is all coupled with going into summer, our vaccination programme being rolled out, Covid-19 cases down dramatically and international inbound travel hopefully going to resume shortly.”

Citing research published by the Bureau for Economic Research on September 27, Anderson says the tourism and hospitality sectors’ contribution to the country’s GDP shrank from 7.2% in 2018 to 2.9% last year, and the number of jobs supported by the industry declined by almost a million.

“The group’s data shows that South Africa received 10.2 million international overnight visitors in 2019. In 2020, this dropped sharply to 3.2 million – almost 70% fewer than the year before.”

Now, as the country and the world open up, there is “merit for optimism in the recovery” of these sectors.

Despite the travel crisis of 2020/21, visits to Airbnb properties contributed more than R8 billion to country’s economy and supported

about 22 000 jobs, according to a report from independent consultancy Genesis Analytics commissioned by Airbnb.

Additional Airbnb research reveals that new hosts across South Africa who welcomed their first guests in the first six months of this year, and had just one listing, collectively made over R1.8bn hosting on Airbnb.

Half of new listings that were both activated and booked early this year got a reservation request within seven days with the average annual earnings per host who had welcomed at least one guest being R55 800, Airbnb states.

As the festive season approaches, the holiday rental market, especially along the coast, is expected to boom, say Seeff agents. While some international travel will be affected by continuing travel restrictions, South Africans are expected to flock to holiday destinations this summer.

Ross Levin, licensee for Seeff Atlantic Seaboard and City Bowl, says Cape Town will be a hot spot as the attractions are endless. Generally, Cape coastal areas will be a magnet for tourists, says Marina Enslin, an agent with Seeff Paternoster, for example, adding that weekends are well fully booked in the village as people look to escape from the cities.

Ciska de Vries, short-let rental agent for Seeff Hermanus, says they are already about 85% booked for December and January.

Joleen Giraudeau, manager for Seeff South Coast in KZN, says while they have had loads of inquiries, booking confirmations are slow.

However, they expect this to pick up closer to December as people dream of getting away, especially if there is a fourth wave.

On the KZN north coast, Zimbali is the primary choice of destination, agents say.

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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P R O P E R T Y

Significant ongoing payment administration and strict industry regulations are hurdles for many rental property entrepreneurs. PICTURE: ROMAIN DANCRE/UNSPLASH

N E W S

Property boom expected to ‘level out’

RENTAL OPPORTUNITIES ARE ON THE UP AND UP AFTER 18 months of Covid-19 and an ongoing economic slump, residential rental properties provide an exciting opportunity in previously under-serviced areas.

PayProp chief executive Jan Davel says residential rental business opportunities are plentiful in the fast-growing formal, private rental sector in emerging market areas, such as Soweto in Gauteng and areas on the Cape Flats in the Western Cape.

“People will always need a place to stay, and, with growth in both residential rental demand and supply according to the latest PayProp Rental Index (Q2, 2021), landlords and tenants will need competent agencies in these areas with the necessary tools, knowledge and credentials to manage their investments and tenancies.”

Hurdles for many property entrepreneurs focused on rentals are the significant ongoing payment administration and strict industry regulations. Davel says that it’s important to identify the right tools that will automate all the critical payments required each month.

“Consider all the invoices, statements, reminders, receipts, reconciliations and payments at month-end. Even if you manage just 10 properties it can add up to a day or two each month.”

He says finding the right technology to automate much of the administration makes rentals a far more viable option for many property professionals.

When unemployment increases, fewer buyers can afford to purchase property. PICTURE: POK RIE/PEXELS

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CTIVITY within the national housing market is expected to “level out” in response to the challenging economic circumstances ahead, says Adrian Goslett, regional director and chief executive of Re/Max of Southern Africa.

When unemployment increases, spending power declines and fewer buyers can afford to purchase property.

“This translates into a buyers’ market where the supply of properties outweighs

the demand from buyers.

“Those whose salaries are affected might become unable to afford the costs of their home loan, which will mean more properties will enter the market, with some falling claim to bank repossession and distressed property sales.”

Goslett says, in time, this can put downward pressure on asking prices.

It is hoped that an increase in the vaccination rate will prevent any further restrictions on economic activity and

allow for a period of recovery.

“Provided that the economy is allowed to operate without any further restrictions, it is possible for it to begin a gradual recovery and for the downside risks to the local housing market to be contained.”

While unable to predict if and when the property market will be affected by the current economic conditions, Goslett remains optimistic about real estate as an investment vehicle.

COVID SHIFTS PEOPLE’S FOCUS TO WELL-BEING

People want to live in tranquil spaces but still feel part of a community. PICTURE: PEN_ASH/PIXABAY

A 2021 survey by Blok, the property development company, has revealed that people are more concerned about their well-being than they were before the pandemic.

And this is affecting where they want to live.

Jacques van Embden, Blok managing director, says the survey, titled “Covid-19’s Impact on the Human and the Home”, found that: • 45% of respondents admitted that Covid-19 had had the greatest impact on their mental health.

• 36% said that their financial situation had been affected.

• 6% said that nothing had changed for them.

• 92% said that the pandemic had led to them making significant lifestyle changes, with the aim of prioritising their health.

• 97% noted that as a result of the stressors over the past year, finding a work and home life balance had become their focus.

“Consumers are fighting to reclaim their mental health through finding a better sense of balance with more emphasis on wellness…

While they may sound diametrically opposed, we’ve seen a growing need for home as a sanctuary, coupled with a desire for community.”

Van Embden says consumers are seeking a space where they can relax and unwind but they also want to feel part of a neighbourhood.

Be alert when joining a property stokvel PROPERTY stokvels have become popular investment vehicles but buyers looking to take advantage of what they can offer must ensure everything is above board.

In stokvels that are working well, says Shaun Rademeyer, chief executive of MultiNET Home Loans, the returns for investors are incalculable.

However, one of the concerns around property stokvels is that the founder usually administers the stokvel at their sole discretion, with carte blanche to run and manage

the scheme as they want.

To ensure transparency, he says, members must be given clear direction on what recourse they have if they’re dissatisfied with the administration of the scheme.

They also need to know exactly how the ownership of the purchased property will work, whose names will appear on the title deeds and how the decisions are made when it comes to allocating property.

“There are also tax implications where multiple transfers of property are involved, so it is imperative

that these are unpacked in the constitution of a property stokvel and that members understand what could happen to them if the tax laws are breached.”

Regardless of who runs the stokvel, he says due diligence is essential and members must: • Ensure the stokvel has a clear and robust constitution.

• Know the leadership and membership structure.

• Ensure they know everything about where their money will be invested and how it will be used.

Stokvels offer many benefits – provided everything is above board.

PICTURE: CHRISTINA MORILLO/PEXELS

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RELEASING SOME OF THE EQUITY TIED UP IN YOUR HOME

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VER R450 billion in property assets is tied up in retired

for everyone.”

The company’s capital-raising process

homeowners’ hands, many of whom are cash strapped.

Now they have access to a solution to

targets commercial financial institutions by offering attractive risk-adjusted returns.

The company is also approaching socially

supplement their monthly income through home equity finance – known internationally as a reverse mortgage.

With the number of South Africans over the age of 60 expected to grow from 5 million to 9 million over the next two decades, this is a significant niche market,

conscious impact investors.

Non-executive director Gidon Novick says a similar Canadian start-up, called Fraction, recently raised C$289m (about R3.47 billion) in a combination of equity and debt financing to take on the North American reverse mortgage industry with

says lending company Water Financial.

The company has introduced a solution, called Freedom Finance, for retirees over 70 who own a home.

a fairer, more transparent solution for struggling homeowners.

“The market is receptive because Freedom Finance meets a high demand at

Executive director Chris Loker says more than R10 million in Freedom Finance loans has been approved in a proof-of-concept trial. During this trial, the company was inundated with prospective borrowers.

The product offers pensioners access to a percentage of their home’s equity while they retain full ownership. The loan is

reasonable cost. This business is designed to solve a situation inconceivable during an economically damaging pandemic for cash-strapped homeowners but with the flexibility to exit if circumstances adjust.”

Water Financial’s board is chaired by former public enterprises minister Alec Erwin who says Freedom Finance is in line

settled on sale of the home or death.

Non-executive director Mike Freedman

with a recent policy paper by the World Bank which highlighted reverse mortgages

adds: “The hypothesis is proven and we’re investing in technology to service clients nationally while raising more lending capital. Our solution, while commercial, also addresses social, borrower and macro-economic needs. It’s a win-win

as a way to supplement pension income.

“In addition to releasing dormant assets, this lessens the burden on the state while introducing cash into the economy,” he says. l www.waterfinancial.biz

A B O U T W AT E R F I N A N C I A L : Water Financial was founded in 2010 as a project to establish a South African financial services company channelling funding towards projects and organisations that are changing the world for the better, driven by a desire to “do” money better. Freedom Finance comprises a loan to the value of a percentage of the borrower’s property, spread over five years, when a new agreement can be entered into for a further five years. This enables the borrower to access some of the value locked in their homes without the need to make monthly payments.

BOARD: Alec Erwin, chairperson: A highly regarded academic who has served in an advisory and leadership capacity on a wide variety of boards.

As minister of trade and industry, he drew up South Africa’s current industrial development policy, which saw the implementation of Industrial Development Zones and Special Economic Zones to promote national economic growth and exports.

Mike Freedman, non-executive: His advertising career culminated in a cluster of international awards and, in 2000, he founded Freedthinkers to deliver insights and purpose-driven futures. He is chair of Impact Trust, a public benefit organisation aimed at a more sustainable, resilient future.

Gidon Novick, non-executive: Founder of Lucid Ventures, focused on building disruptive brands, he co-founded the recently launched LIFT airline and previously served as joint chief executive of Comair Group. Novick is also chairperson of SA Harvest, focusing on food security.

Chris Loker, executive director: A fellow of the Institute of Life and Pension Advisers and a certified financial planner. He was formerly head of retail for a banking group and has more than 20 years’ experience in consulting as well as extensive finance, banking and investment experience.

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PICTURE: GRIFFIN WOOLDRIDGE/ PEXELS

National Listings

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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VIEW BY APPOINTMENT WINSTON PARK R1 500 000

Chartwell Estate - Unit 17 This cosy North Facing one bedroom unit measures 88sqm.

There is a spacious lounge, dining area, bathroom with shower ensuite, fitted kitchen and sunny patio enclosed with sliding glass doors.

A single lock-up garage is an added bonus. With a bowling green on your doorstep and tranquil surroundings offering safe walking paths in this beautiful area of Winston Park, Chartwell Estate is the perfect place for vibrant retirees.

For an appointment to view call Lynne 073 2100577

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FREESTANDING 3 BEDROOM HOMES FROM R3 450 000

SECURE ESTATE LIVING

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RHONDA RAAD PROPERTIES We specialise in the Sales and Rentals of residential property in the Southern Suburbs and Surrounds.

Contact us today for all your Buying, Selling and Rental needs on 082 448 7795 / 021 685 2212.

CONTACT US NOW: 082 448 7795

ROSEBANK R1,295 RONDEBOSCH R1,795 MILLION RONDEBOSCH RONDEBOSCH R1, 5 MILLION RONDEBOSCH RONDEBOSCH R2,6 RONDEBOSCH R1,495MILLION MILLION RONDEBOSCH R2,6MILLION MILLION R1,15 MILLION ON SHOW Sunday 2 – 5 pm Cathay View, 12 Devonshire Hill Road, Rondebosch

ON SHOW SUNDAY 2 - 5 PM Woodlands, 5 Highstead Road, Rondebosch.

Small Security Complex.

Two Spacious 24 Hour Manned Security Complex.

Bedroomed Apartment with lounge One Bedroomed Apartment with Fitted leading large Balcony.

Kitchen Kitchentoopen plan to Fitted Lounge with &Balcony Full Bathroom. *Parking Bay. & Stunning Mountain Views. *Plus to Covered Parking Bay. *Communal Close Dean Street Shops, Restaurant PoolJammie and Braai Area.Stop. and Shuttle

Small Security Complex aboveMain the Main Security Complex above Road.

Road. Large modernised Bachelor Charming North-West facing Two Bedroomed converted to One Bedroomed Apartment (98m²) with LoungeApartment leading to (46m²) with Built-in Cupboards Balcony withKitchenette, Superb Views!

Fitted Kitchen and Shower with Sep Toilet.

Balcony.Bathroom Shower Bathroom.

Walk Walk to to UCT, Jammie Shuttle,Shops Shops&&Transport.

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Spacious Spacious North-Facing North-FacingTwo TwoBedroomed Bedroomed Apartment Apartment with with Lounge Lounge and and Balcony Balcony with with Mountain Views.

Views.Bathroom Bathroomwith withShower Shower Mountain over Bath.

Bath. Fitted Fitted Kitchen.

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Large Large Three Bedroomed Apartment Three Bedroomed Apartment (127m²) (127m²) with mountain views. Fitted with mountain views. Fitted Kitchen and Kitchen and Lounge with Balcony. *Plus Lounge with Balcony. *Plus Garage.Shops *Close Garage. *Close to UCT, Schools, and Transport. to UCT, Schools, Shops and Transport.

CONTACT: RHONDA C: 448 082 7795 448 7795 0212212 685 2212 E: rrpsales@mweb.co.za / www.rhondaraadproperties.co.za CONTACT: RHONDA C: 082 T: 021T:685 E: RRPSALES@MWEB.CO.ZA / WWW.RHONDARAADPROPERTIES.CO.ZA

TIMED ONLINE AUCTION TUESDAY, 2nd NOVEMBER 2021 AT 12 NOON https://bidlive.maskell.co.za Duly instructed by the Liquidators of ANR Agencies CC, Master Ref. no.: N000029/2020

URGENT LIQUIDATION AUCTION OF ±2HA INDUSTRIAL STAND WITH STORAGE AREA OF 2000-3000mᶟ LOCATED AT 2 OLD MAIN ROAD, PIETERMARITZBURG

IDEAL OPPORTUNITY FOR INVESTORS

The property currently comprises of vacant land which is zoned as General Industrial.

The site is utilised as a storage area with the capacity to store 2000 to 3000m³ of sand and stone THE PROPERTY WILL BE OFFERED WITH THE LEASE AGREEMENT AND THEREAFTER WITHOUT THE LEASE AGREEMENT

BIDDING OPENS AT 12 NOON ON TUESDAY THE 2ND OF NOVEMBER 2021 & CLOSES FROM 12 NOON FROM WEDNESDAY THE 3RD OF NOVEMBER 2021

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 • Commission @ 6% (six percent) on the purchase price payable by the PURCHASER on the date of auction • FICA docs to be provided • Sale is subject to confirmation • “ABOVE SUBJECT TO CHANGE WITHOUT PRIOR NOTICE” (E&OE)

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C L I F TO N A PA R TM EN T - R 5 9 MIL L IO N

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ROND EB OS CH - R 6 .25 M I L L I O N

H O U T B AY - R 2 . 3 MIL L IO N

TABL E V IE W - R 2.2 MI LLI O N

PRICE REDUCED

EXCLUSIVE

Web Ref: RL11210

ST YL ISH FAM ILY H O ME

Light and bright 3 bed home, offering excellent flow from the kitchen to the living area with slack-back folding doors opening to the pool & garden. D/garage

BERNICE 072 942 0548

ALEXA 082 349 7799

NEW RELEASE

EXCLUSIVE

Web Ref: RL11452

L AST VACANT PLOTS IN SOUGHT- AFTER ESTATE This large level plot set high up within Avignon estate boasts established trees and stunning sea and mountain views. Build your perfect home

LEAH 082 608 3388

Web Ref: RL11720

FAN TAST I C OP P OR T U N I T Y TO E N T E R T H E M AR KE T A full title 3 bed home in a gated complex with very low levies offers buyers the opportunity to make it their own. 1 Garage and 2 parking bays. A Must View

MEGAN 071 266 6655

NATALIE KOCH 082 393 8923

C H OI C E S E L E C T I O N O F C A P E T O W N ’S D EVELOP MENTS ST EEN B E R G G R E E N

T HE ESTAT E

TOKAI - R 28 .6 M I L L I O N

16 BOR DE AU X

SEA PO I N T - R 11.9 95 MIL L IO N

Web Ref: RL10515

C O N STAN T IA UP P E R - R 23.95 MI LLI O N

Web Ref: RL10617

BESPOKE SOPHISTICATION

You’ll relish time spent in your one-of-a-kind retreat. Enfolded by electric green forests, khaki bronze mountains, & cotton-candy skies. VAT Incl. - No Transfer Duty

PAUL 071 610 8088

ALEXA 082 349 7799

Web Ref: RL10440

BRAND NEW RELEASE AT THE ESTATE

Beautifully finished 152m2 unit in ultra-luxury development located on the slopes of Signal Hill with sweeping views. VAT Incl. - No Transfer Duty

PAUL 071 610 8088

CONTEMPORARY CONSTANTIA

Inspired design, together with exceptional effort & attention to detail has resulted in outstanding delivery of this 4 bed, 4.5 bath home. VAT Incl. - No Transfer Duty

JAMES 082 485 2702

Rentals 021 433 2580 A visionary company with decades of experience

ALEXA 082 349 7799

PAUL 071 610 8088

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

KINGSFORD ESTATE Westville, KZN Office: 087 012 5670 Email: info@kingsford.co.za www.kingsford.co.za

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

NOBLE RESORTS Cape Town 010 612 6060 sales@nobleresorts.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

RHONDA RAAD PROPERTIES Cape Town Office 082 448 7795 Email: rrpsales@mweb.co.za www.rhondaraadproperties.co.za

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

DOGON GROUP PROPERTIES Southern Suburbs, Claremont Office 021 671 0258

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

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

RAWSON PROPERTY GROUP Cape Town Office 021 658 7100

debbie.reabow@rawsonproperties.com

www.rawson.co.za

southernsuburbs@dogongroup.com

www.dogongroup.com

TOP ADDRESS IN HYDE PARK, JOHANNESBURG!!

STYLISH AND SPACIOUS RESIDENCE WITH SWIMMING POOL ,TENNIS COURT & MORE ONLINE LIQUIDATION AUCTION

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

In liquidation: Sandton Property Developments 2001 (Pty) Ltd. Master’s ref: G1160/2020 PETER MASKELL AUCTIONEERS VAN’S AUCTIONEERS

KZN Gauteng ONLINE BIDDING: 12:00, 10-11 086 AUGUST Office: 033 397 1190 Office 111 82672021 BID AND REGISTER: www.vansauctions.co.za Email: info@maskell.co.za www.bidlive.maskell.co.za www.vansauctions.co.za

AUCTION OF: 81, THIRD ROAD, HYDE PARK, JOHANNESBURG

www.property360.co.za Extent: ± 3000 m² Improvements: Ÿ Entrance hall, lounge, dining room with sun room & family room Ÿ 4 bedrooms Ÿ 3 bathrooms (2 en suite) Ÿ Separate toilet Ÿ 2 TV rooms, kitchen & scullery

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