Neighbourhood CT - 28 February 2016

RSA

Neighbourhood 28 FEBRUARY 2016

PROPERTY & LIFESTYLE

Sea Point

Gorgeous ocean views and an enviable outdoor lifestyle, page 12

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PROPERTY NEWS

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NEWS & LIFESTYLE

Neighbourhood

28 FEBRUARY 2016

Editor’s Exclusive CLAIRE BARNARDO

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hile we’re still enjoying beautiful summer days, I can sense the weather starting to change. It’s just that little bit fresher in the mornings. So it’s a reminder to enjoy the end of the season.

Looking at what’s happening across our cities, I’m inspired by the diversity of choice.

Whether it’s learning Zulu on a Monday in Pretoria, taking part in the Bellbuoy Challenge in Port Elizabeth, or supporting a local farmers’ market in Durban, head out there, try something new and have fun!

What’s good?

What?

Haute Cabriere’s Summer Sounds When and where?

Every Thursday until 31 March at Haute Cabriere restaurant, Franschhoek

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njoy a light meal, paired with superb wines on the terrace and lawns of Haute Cabriere wine estate. Soak up the last days of summer with a special offering of live music from local artists Morné Meyer and Nuka. Booking is essential.

Haute Cabriere’s Summer Sounds 021 876 3688 restaurant@cabriere.co.za

Flavoursome Fine dining with rustic roots – Makaron Restaurant at Majeka House has a new chef and new menu WORDS: KIT HEATHCOCK

IMAGES: SUPPLIED

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here’s something refreshingly down to earth about the new menu at Makaron Restaurant – it’s fine dining for sure, but firmly rooted in local, seasonal flavours.

Chef Lucas Carstens, previously of Cuvée at Simonsig, took over the kitchen in December, with Pete Goffe-Wood as consultant chef, devising a style that is approachable enough for a neighbourhood eatery and special enough for an occasion.

“For me the ingredients lead the way. When you have really good ingredients they make the dish and you don’t have to do a lot with them.”

Every dish certainly showcases individual ingredients in a way that allows each one – delicate or vibrant – to reveal its true colours. Sitting outside on the Moroccan-tiled terrace on a balmy summer evening, we started with a sophisticated ceviche of yellowtail with sea lettuce, sweet balls of melon, and caviar – harmonious flavours with the contrast of crispy fish skin crackling. Our other starter was a simple pork terrine reminiscent of a French country auberge, with sweetly crunchy pickled cauliflower and toasted brioche, all in generous portions, which, with the selection

of home-made breads and tomato chutney made from the fruits of the vegetable garden, would have made a satisfying lunch on its own.

Pork belly on celeriac puree with pops of apple was pure comfort food, while the simplicity of springbok, kale puree and butternut ravioli was lifted by a spiced jus and a sprinkle of crispy kale, beautifully plated against the luscious glaze of the gorgeous David Walters dishes.

The menu comes with suggested wine pairings, and expert sommelier Esmé Groenewald is a delightful host, chatting vividly about wine, weather and life, with a special enthusiasm for interesting single variety wines.

On her recommendation I went for the 2013 Super Single Vineyards Pella Malbec – pure berries and beautifully smooth for a warm Stellenbosch summer evening under the stars.

We chose two desserts. For subtle shades of flavour I loved the sesame panna cotta, with miso ice cream and nectarines, while the lemon tart with raspberry sorbet was vibrant with fruit, finishing with a flourish.

Throughout the meal we cast covetous glimpses at the beautiful copper and wood James Mudge tables in the dining room. The signature Majeka House quirky decor mixing understated wood and glitzy Kartell Louis Ghost chairs, makes a visually stimulating setting for a meal equally satisfying and full of contrasts.

TASTE FOR YOURSELF: Makaron Restaurant at Majeka House 021 880 1549 majekahouse.co.za/makaronrestaurant.aspx goo.gl/4rSJvE

What?

Veuve Clicquot Masters Polo Cape Town 2016 When and where?

5 March at Val de Vie Estate

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his luxurious affair draws socialites, equestrian enthusiasts and champagne lovers. Expect an afternoon of opulence with a glass of Veuve Clicquot champagne at an exclusive polo tournament. Tickets are available at Computicket.

Veuve Clicquot Masters Polo Cape Town 2016 Tickets available at Computicket goo.gl/E5Ed5I What?

First Thursdays When and where?

3 March from 5pm till late, along Bree and Church streets

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t’s about that time when Capetonians take to the central and east city districts in search of art galleries and various cultural attractions.

Many restaurants and bars in the area stay open a bit later than usual, so fret not, you won’t go hungry or thirsty.

First Thursdays first-thursdays.co.za THE CREATIVE GROUP CEO: Shaun Minnie shaun.minnie@thecreativegroup.info

PUBLISHED BY THE CREATIVE GROUP Unit G04, Old Castle Brewery Bldg 6 Beach Road, Woodstock Cape Town, 087 828 0423

EDITORIAL TEAM Group Editor: Claire Barnardo claire.barnardo@thecreativegroup.info Managing Editor: Charis Le Riche Creative Director: Mark Peddle

Art Director: Leah de Jager Designer: Anja Bramley & Craig D’Oliveira Senior Sub-Editor: Mlungisi Mthembu Proofreader: Marana Brand Editorial Intern: Lauren Albertyn Online Editor: Lauren Joubert

ADVERTISING SALES: Visit yourneighbourhood.co.za or call 087 828 0423 Sales & Marketing Manager: Michèle Jones michele.jones@thecreativegroup.info Neighbourhood Manager: Dylan Rothschild dylanr@yourneighbourhood.co.za Production (Editorial Section Advertising): Lucea Goosen lucea@yourneighbourhood.co.za Production (Property Advertising): Cheryl Leaner cheryll@yourneighbourhood.co.za

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Neighbourhood

28 FEBRUARY 2016

NEWS & LIFESTYLE

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Fuelled by gravity If you’d like to get your blood pumping, SA Forest Adventures is for you WORDS: LAUREN ALBERTYN

IMAGES: SUPPLIED

Vive la difference!

Hidden away behind the thick stone walls of Heritage Square, Signal Hill Wines is showing off what the Cape’s tiny urban vineyards can produce WORDS: RICHARD HOLMES

IMAGES: SUPPLIED

The raison d’être of Signal Hill Wines is largely to explore the tiny patches of urban vineyards dotted around Cape Town

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ar from being the cliched laconic Frenchman, Jean-Vincent Ridon is a machine-gun-rattle of tales and winemaking secrets. From the moment we sit down in the cosy tasting room of Signal Hill Wines, I’m regaled with his tales of spinning tunes as an Alabama radio disc jockey and trading commodities into Africa.

It’s a colourful life that landed him on South Africa’s shores in 1996, and it didn’t take long for the first bottles of Signal Hill Wines to hit the shelves.

As the Vive La Difference label on each bottle suggests, JV wasn’t interested in turning out case after case of easydrinking everyday wine. Rather, the raison d’être of Signal Hill Wines is largely to explore the tiny patches of urban vineyards dotted around Cape Town. In the past he’s made wine from the rows of Cabernet Franc above Kalk Bay, the vineyards in the gardens of the Belmond Mount Nelson, and the centuries-old Chenin Blanc vine which graces the courtyard of Heritage Square.

Today, though, it’s his Clos d’Oranje 2005 Syrah that is the standout wine on the table. From a handful of vines in Oranjezicht, it’s a wine that often tops the star ratings and awards in local wine guides. Over Kloof Nek, a tiny vineyard in Camps Bay provides just enough grapes for a barrel or so of Mourvèdre each year. The grapes from both vineyards are harvested by hand, then sorted, crushed and fermented in the hallways of Heritage Square. Stop in for a tasting with JV, or winemaker Laurence Buthelezi, and you’ll find the press, fermentation tanks and barrels piled in one corner.

JV also sources grapes from further afield, snapping up small batches of Grenache Noir, Carignan and Cinsault. Made in an austere Old World style his wines may be a shock to the palate of those used to ripe and ready “fruit bombs”, but are well worth discovering. Open for tastings throughout the week, it’s only a cynical soul that won’t be charmed by Cape Town’s original – well, for a century or two at least – urban winery.

SEE FOR YOURSELF: Signal Hill Wines 021 424 5820 winery.co.za

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hen I think of Constantia I think of its fantastic wines, impressive properties and the lush greenery. There’s nothing too extreme about it – at least that’s the impression I was under until I was strapped into a harness, given a safety brief while a rabbit hopped across the lawn, and then ushered into a Jeep that began climbing the mountains that loom over Silvermist Mountain Lodge and Wine Estate.

Nerves

To say I was mildly terrified is an understatement. Every few minutes a nervous giggle would escape from my mouth as we hiked the short distance to our destination. I kept thinking about how unprepared I was and how I definitely shouldn’t have worn skinny jeans. The anticipation was killing me. I was about to zipline from the main platform through the treetops and be suspended more than 100m above the ground.

was an excellent distraction. But it was now impossible to back out. I was strapped in and first in line to fly as the upbeat instructors psyched us up.

I flew through the air so fast that tears streamed down my face. I wasn’t crying, it was the wind, I told the instructor.

Adrenaline

This is one of Africa’s longest zip-line tours – about 2,3km. There are seven cables in total. Each one is longer than the last, but surprisingly more exhilarating.

I actually started to enjoy myself and found myself laughing as I zipped through the air, taking in the beauty that is the Constantia valley. Unfortunately we ran out of time and could only complete five of the zip lines because we had to get back to work. We returned to the office with sore muscles and adrenaline pumping in our veins – the perfect way to end the week. Next time I plan on doing all seven.

Denial

I’d read the itinerary so I was aware of the activities of the day, but as a coping mechanism I put it to the back of my mind, pretending that it wasn’t happening. Instead I focused on the wine tasting, food and scenery which

EXPERIENCE IT FOR YOURSELF: Cape Town Zip-line Tour saforestadventures.co.za

In association with

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this St John’s Village home worth

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1 OF 24 KEYS WILL OPEN THIS HOUSE, COULD IT BE YOURS?

COMPETITION ENDS 29 FEBRUARY 2016

COME VISIT

LIFESTYLE & RETIREMENT

TO ENTER

Take a drive to St. John’s Village, Karkloof Road in Howick and fill in the register to stand a chance to win.

You can also enter on yourneighbourhood.co.za/competitions St. John’s Lifestyle & Retirement Estate Karkloof Road. Howick 082 547 8798 | info@stjohnsvillage.co.za | www.stjohnsvillage.co.za This competition is brought to you by St. John’s Village, The Creative Group and Sea Monster.

Entries valid from 1 August – 29 February 2016. T’s&C’s can be found at www.yourneighbourhood.co.za/competitions

Neighbourhood

28 FEBRUARY 2016

NEWS & LIFESTYLE

5

Cape Town’s Best View: Decided To celebrate the Mother City’s scenic beauty, Chas Everitt’s Cape Town branch rewarded five Facebook fans for their photographs in the Cape Town’s Best View photo contest WORDS: ANDY MOLLER

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IMAGES: CHANTAL OLIVER & NADINE VAN DRIEL

CHANTAL OLIVER RECEIVING HER AWARD

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he photo contest was the second phase of the Cape Town’s Best View campaign that Chas Everitt has been running since March 2015. The first phase involved five top landscape shots of Cape Town that were recreated in art format by five local artists: Carol Mangiagalli, Lucie de Moyencourt, Atang Tshikare, Patricia Fraser and Andrew Sutherland. Four of these artworks were then awarded to the most engaging Facebook fans at an exhibition in September 2015.

Since October 2015, fans have been submitting their own photos of Cape Town’s scenery to a contest hosted on

CHANTAL OLIVER’S WINNING PHOTO

Discreet technology WORDS: CHRIS REID

IMAGE: SONY

the Chas Everitt Cape Town Facebook page. Facebook users had four months to vote on their favourite. Voting closed on 31 January and the five most popular photos were declared the winners: Chantal Oliver (1st), Nicolette Nunes (2nd), Natalie Smith (3rd), Roxy Joubert (4th) and Max Kamolz (5th).

hotel. Second prize was a couple’s spa treatment at the Suntra Spa, and third to fifth prizes were double tickets for the Table Mountain Cableway.

The five winners were invited to receive their prizes and celebrate with the Chas Everitt Cape Town team at the African Pride 15 on Orange Hotel’s beautiful Murano Bar on 19 February. First prize was a night for two at the 12 Apostles Hotel and Spa, with a helicopter flip to or from the

Congratulations to Chantal Oliver.

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he Consumer Electronics Show is one of the key forums for tech brands to show off their latest products. Held annually in Las Vegas, it’s increasingly becoming an important reference point for home innovations too as the worlds of technology and living spaces become more entwined.

Aside from the expected developments in smart home technology and connected appliances, one of the key themes that stood out was the emergence of a new approach to technology, one that tries to make itself as invisible as possible.

The key thing for big tech brands now, it seems, is to make the device less of a focal point and look more at the experience it creates. It’s no longer good enough to have something that’s technically advanced when it doesn’t integrate easily

Most importantly, the competition revealed the answer to the question: What’s Cape Town’s best view?

EXPERIENCE IT FOR YOURSELF: Chas Everitt Cape Town facebook.com/ChasEverittCapeTown

with the way people actually live their lives. That’s why standout items included things like wireless speakers hidden in light bulbs and electronic candles and displays that only appear when in use.

A major player here was Sony, with its Life Space UX concept.

Among other things, this suite of devices includes projectors that turn walls, ceilings and tables into screens, but remains inconspicuous when they’re not being used.

This approach is increasingly important as technology becomes more prevalent in our homes. As the number of devices increases, people want each individual device to be less noticeable. We don’t want our homes to look like electronics showrooms, but rather just want functionality on hand when we need it.

SEE FOR YOURSELF: Sony Life Space UX goo.gl/nEZrK8

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SPECIAL PROJECT

Neighbourhood

28 FEBRUARY 2016

Wise words about education We all know the importance of a good education, but sometimes it’s important to be reminded of how powerful it truly can be

THE POWERR OF EDUCATIONR The content of a book holds the power of education and it is with this power that we can shape our future and change lives

MAYA ANGELOU

Knowledge is power.

Information is liberating. Education is the premise of progress, in every society, in every family KOFI ANNAN

A good head and good heart are always a formidable combination. But when you add to that a literate tongue or pen, then you have something very special NELSON MANDELA

Education breeds confidence.

Confidence breeds hope.

Hope breeds peace CONFUCIUS

THE NECESSITY OF EDUCATION

An investment in knowledge pays the best interest BENJAMIN FRANKLIN

The function of education is to teach one to think intensively and to think critically.

Intelligence plus character – that is the goal of true education MARTIN LUTHER KING, JR

NELSON MANDELA

MALALA YOUSAFZAI

THE POSSIBILITY OF EDUCATION I’ve learned that I still have a lot to learn

Education is the most powerful weapon which you can use to change the world

It is the supreme art of the teacher to awaken joy in creative expression and knowledge ALBERT EINSTEIN

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PROPERTY NEWS

On investing in property What’s significant about property as an asset class is that you can obtain mortage finance. You don’t have to purchase the whole asset up front, but you can immediately start earning income off it and see capital growth on the total value, not just on your initial investment

My business neighbourhood Q&A with butcher Ryan Boon at De Warenmarkt in Stellenbosch

O & A

SAMUEL SEEFF, CHAIRMAN, SEEFF PROPERTIES

Steady demand for Berea property in Durban

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ome to some of the oldest and stateliest Victorian and Edwardian houses in Durban, the Berea also boasts a diverse selection of art deco and modern freehold homes, sectional title estates, and flats.

With the excellent schools, easy commute to the city and the proximity of the University of KwaZulu-Natal, Berea appeals to a wide target market. This means Berea attracts a steady stream of buyers in various price brackets, which has ensured steady growth over the years.

“Property prices in the Berea have always been on the rise,” says Mahomed Jooma, sales agent, Rawson Property Group’s Berea franchise.

“Even now, with interest rate increases and other economic pressures affecting consumers’ buying power, demand is higher than supply, and properties are still experiencing growth.”

That said, capital growth in the Berea – and across the country – is unlikely to be as high as it was in 2015, says Jooma.

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ightstone has indentified the top 10 highest-valued suburbs, and they’re all in Cape Town, except no.10, which is in Westcliff, Johannesburg.

1 Llandudno R16,5m

Steenberg Golf Estate R13m

Constantia R12,05m

5 Higgovale R10,25m

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8 De Zalze Golf Estate R9,35m

Waterfront R8,35m

6 Clifton R10,15m

Constantia Heights R9,65m

9

10

Witteboomen R8,225m

WORDS: KIM MAXWELL IMAGES: RUSSEL WASSERFALL AND SUPPLIED

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yan Boon and his skilled butchering team wear black ties and caps. At their recently opened De Warenmarkt premises, meat from Polish fridges is cut to order at oak counters. They offer meat know-how and cooking tips.

Q: How did your business start?

A: I’ve been a butcher since I was 15.

I’m now 32. My father-in-law has a farm in the Karoo. He had excess venison biltong and asked if I could help move it. I was working at a butchery so I sold biltong in my spare time for two years. In October 2012 I opened a Ryan Boon Paarl distribution centre with my wife Soné.

Q: Why did you choose this area to set up shop?

A: Our butchery is in De Warenmarkt, a refurbished space alongside some of the oldest buildings in the Stellenbosch CBD. De Warenmarkt was opened in mid-July 2015 by

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Am I Collective design agency.

There were plans to lease the space to Burger King, so Am I Collective decided to do something more respectful of the building’s heritage.

Jooma says the most sought-after properties in the Berea are lock-upand-go flats, with buy-to-let investors particularly active in the under-R750,000 range (below the transfer duty threshold).

“Property investment can be a good hedge against the devaluation of financial assets, which makes buy-to-let a very attractive option, especially if you can get away without having to pay transfer duty.”

The 10 highestvalued suburbs in South Africa

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Neighbourhood

28 FEBRUARY 2016

Westcliff R8,15m

Lightstone notes that the highest-valued suburbs were chosen by considering the median value (the middle value in a sample). The median value is preferred over the mean value (the average) as it eliminates extreme values which can influence the mean of a suburb.

Q: How did you find your premises?

A: They found me. Am I Collective approached artisan producers who would add value to the community.

We supply top restaurants, so it was word of mouth. We’ve operated at our Paarl distribution centre for three years and were looking for a retail opportunity. We want this to be a place where artisans show off produce with a permanent footprint.

Ryan Boon is an anchor tenant.

Q: Why are the premises ideally suited to your business?

A: Stellenbosch is a very old town with lots of rugby players, farmers and generally large men – Afrikaans men in particular are often associated with eating a lot of meat. We butcher in an old-school way using ethically farmed meat, much of it local. We’re trying to bring class and authenticity back to butchery.

Q: Who are your neighbours?

A: Deluxe Coffee, The Olive or Twist bar (cocktails, gins and beers on tap), a pop-up restaurant by chef Nic van Wyk, a waffle and crepe counter, and Mano’s Bakery (artisan breads).

Q: What are the shop rental/ sales prices like in this area?

A: Rent is about R300 to R350 per square metre, inclusive of VAT. Q: What is your shop footprint?

A: Our customers are people who

know what they like and who understand the value of ethical meat. The large-basket spenders are the business- and homeowners in the immediate vicinity. Students buy biltong/droëwors and maybe one steak. We get about 100 people in and out of the shop on Saturdays and less on weekdays.

Q: Do you have any expansion plans?

A: We’re expanding our Paarl distribution centre. In April we will open a boutique concept store butchery that is similar to De Warenmarkt in Franschhoek.

Q: Do you operate online as well?

A: We don’t offer meat orders with online payments yet, but you can email your order for real-time collection or delivery. We have a meat club WhatsApp group for Cape Town deliveries to private clients.

Q: What are your most popular items?

A: Our bone-in ribeye and sirloin, and certified Karoo-meat-oforigin free-range lamb with full traceability. And our half or whole Karoo lamb specials at stupidly competitive prices. We sold 15 lambs last weekend.

SEE FOR YOURSELF: Ryan Boon Speciality Butcher ryanboon.co.za dewarenmarkt.com

Hermanus Properties FERNKLOOF

○

GRACIOUS HOMESTEAD IN LEAFY SUBURB

R15 MILLION

ON A QUAINT COBBLED CUL-DE-SAC …

THE ROAD LESS TRAVELLED

This famous Cape Dutch homestead boasts a most interesting history. First title was given to the land in 1879. Its original owners were the Michaelis Deity. Sir Max Michaelis first came to Kimberly in the 1860s and then returned to London well enriched. General Smuts seconded him back to the Cape in 1918. His home in Cape Town was ‘Montebello’ on which SACS School stands today. He built a holiday home in Fernkloof called ‘South Pelham’ and subsequently purchased the adjoining tracts of land ‘to protect their privacy’.

Upon his death ‘South Pelham’ was sold and has had 5 subsequent owners to date – even being run as a very upmarket guest house for 2½ years. The second last owner was a German architect who effected top market improvements in 10 years of ownership, followed by outstanding further value adds by the present owner resulting in a pristine property not requiring a cent to be spent.

Fernkloof, referred to as the Bishops Court of Hermanus, is made up of large properties, mostly traditional style homes. Trees abound, slate roofs and lots of beautiful stone walls set the tone of this exclusive suburb. It is the garden lovers’ suburb of Hermanus and offers a country lifestyle with peaceful and scenic surrounds.

Sandwiched between the sea and the majestic mountains, all of which fall under the Fernkloof Nature Reserve, Fernkloof is indeed a magnificent area and this home unequivocally enjoys the prime spot situated at the very end of a leafy cobbled country lane cul-de-sac, enjoying absolute privacy and quiet.

Charming mature garden with boulders and walkways boasting some 45 mature trees (also some fruit trees) and a large variety of exotic plants and flowers, under borehole irrigation. Secluded and heated salt water swimming pool with automated slide away cover, spectacular outside lighting. Baronial living proportions include traditional ‘voorkamer’ reception room, a magnificent study/TV lounge, spacious living areas exuding natural light, dining room (formal), breakfast room (informal) washed wood farmhouse kitchen and beautiful patio. In addition, a substantial Manager’s cottage with private garden, and a separate guest cottage with wrap around patio. Engineered oak flooring, shutters, high ceilings and the most discerning attention to detail, offer the epitome of gracious living.

EXCLUSIVE SOLE AGENTS Contact John Leppan 082 801 5252 Web ref & video FK-21 Tel 028 313 0914

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153 Main Road, Hermanus 7200

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www.hpsrealty.co.za

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PROPERTY NEWS

Neighbourhood

28 FEBRUARY 2016

Understanding agents’ commissions

With South African real estate agents generally earning 7% commission per sale, how do they justify their cut of a property seller’s money?

WORDS: ANDRÉ FIORE

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ecent statistics reveal that the average commission paid to South African residential sales agents last year ranged between R60,000 and R210,000, with the highest amount earned comfortably in the millions. While plenty of sellers resent paying these commissions, many don’t understand the fee breakdown sufficiently, according to Jill Corfield of Corfield School of Real Estate.

Along with some other real estate professionals, Corfield identified some key concerns around commission.

Q: Why is commission paid as a percentage of the selling price and not a fixed amount?

A: Corfield says it’s very simple. “The more money the seller receives, the more commission the agent receives. While the less the seller receives, the less the agent receives too, meaning that the agent has a built-in incentive to get the highest price possible. If agents were paid a fixed rate, there would not be the same incentive.

“Remember, too, that agents only get paid on results, not on the amount of time, effort or money spent. When an agent sells a property to the first client who views it, sellers often feel that they are paying for nothing.

Conversely the agent who spends six months working on a home, holds six show days, places 12 adverts and brings 96 buyers (four per week) to see the home but does not manage to sell it, earns absolutely nothing.”

Q: Is there an average percentage commission in SA and is it regulated?

A: “The industry standard is 7%, although the norm is usually around 5%,” says Ted Frazer, national marketing manager, Seeff. “This

does depend on the price of the property, though, as with luxury sales the commission percentage is often lower (about 4%). There is currently no regulation on this and sometimes agents negotiate higher commissions, up to 8% or even more in some cases.”

Grant Gavin, broker/owner, RE/ MAX Panache, says, “Unless you’re dealing with an independent operator who runs his own business, the agent will be sharing the commission with the agency.

The percentage split depends on the agency and the productivity of the agent, but will generally range from 50% to 90%. Agents who keep a higher percentage of their commission will be paying their own costs of business and will therefore have financially invested in the transaction, whereas agents taking a lower split will have their operating costs subsidised by their agencies.”

Q: What can you do if it feels like you’re not getting your money’s worth?

A: Richard Gray, CEO, Harcourts SA suggests meeting with the principal of the agency that is marketing your property. “They should be able to show you proof that they are delivering on their promises. This is where there are benefits to using an agent from an established brand that backs up its promises with the appropriate technology, skills development for its agents and marketing plans,” he says.

“Depending on your contract – sole mandates are legally binding – an unhappy seller can also simply move on,” adds Dina Soukop, CEO, Soukop Property Group.

WHAT SHOULD YOU GET FROM AN AGENT FOR YOUR MONEY? “In short, an agent aims to get the best price for a home in the quickest possible time with the least inconvenience caused,” Soukop says.

This involves a comprehensive marketing strategy and includes: • Presenting the seller with a thorough comparative market analysis on the property and neighbouring homes in the area.

• Preparing a detailed portfolio of the property, including facts, figures and photographs that are listed on local and international sites.

• Erecting boards, preparing and planning advertising and editorial campaigns in relevant newspapers and media, and organising open days and show houses.

• Qualifying potential purchasers and assisting them with finance matters.

• Arranging after-sale service, liaising with attorneys and keeping all parties informed on the progress of a sale.

• Instructing and attending to electrical, fumigation, electric fence and gas certificates.

“An agent should also provide a realistic timeframe for the sale, presenting stats that support these claims,” Frazer adds.

“The agent should always be a pro­ fessional with area knowledge that enables them to market a property to a targeted set of buyers,” says Gray.

“Agents should also help with ne­go­ tiations between the buyer and seller.”

Neighbourhood

28 FEBRUARY 2016

Analyse it PATRICK CAIRNS

PROPERTY NEWS

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Retirement savings

A

t its Cabinet meeting on 17 February, the government made a decision to suspend the introduction of retirement reforms that was meant to happen on 1 March.

Due to concerns expressed, primarily

by Cosatu, the executive decided to delay things until 2018 so that more consultation could take place.

contributions into a pension fund.

This is a real pity, not only because the industry has already spent billions preparing for the changes, but because the amendments are important. For many people, they also wouldn’t make much obvious difference. Pension funds and retirement annuities would continue to work in the same way, although you would be able to contribute a higher percentage of your income into them.

To create a sustainable retirement income of R20,000 per month, you would need R4m

The big changes were planned for provident funds, as these structures would effectively no longer be available. Any money currently in a provident fund wouldn’t be affected, but all new contributions were to be treated in the same way as

Summer is the perfect time for us to indulge in the outdoor activities that we love. Whether you’re a beach person or enjoy the wide open spaces of the suburbs, Private Property’s Neighbourhoods allows you to search for the perfect area to fit your outdoor lifestyle

Why this all matters is because one of the real problems that South Africa faces is that we don’t save enough. At a country level, this impacts our ability to fund our own economic growth, and makes us reliant on international investment.

At a personal level, it means that most of us won’t have enough money to retire comfortably. As BDO South Africa recently pointed out, a general rule of thumb is that for every R5,000 a month you need in retirement, you need to have saved R1m. And given this reality, most South Africans don’t have enough to replace their current incomes after they finish working.

Any changes that encourage people to save more are therefore important.

But perhaps even more critical is that reforms also have to encourage people not to dip into their savings before they reach retirement age.

The single biggest mistake South African savers make is to take out and spend their retirement savings when they change jobs. The second biggest is to take too much of their retirement benefit as a lump sum and not secure an income for themselves.

The impact that this has is significant, because many people end up dependent on the state or their families because they simply don’t have enough money to generate a decent income.

These reforms should have been the first steps in addressing these issues. There is still a long way to go, particularly in educating people about their choices, but we should celebrate moves that will ultimately be to everyone’s benefit, not keep on delaying them.

Top Tip SIMON BRAY, CEO, PRIVATE PROPERTY

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PROPERTY NEWS

Neighbourhood

28 FEBRUARY 2016

Sea Point

Suburb focus

Here’s what’s happening in property in the area IMAGES: LEAH DE JAGER, ANTON SCHOLTZ, ISTOCK & SUPPLIED

For sale

For rent

Median asking prices

Median monthly asking prices

R3,45m

R5,76m

R3,5m

R8,25m

R20,000

R19,750

R19,480

R33,700

For a typical property (two-bedroom flat)

In a complex

For a flat

For a house

For a typical rental property (two-bedroom flat)

In a complex

For a flat

For a house

Properties listed

Properties listed Properties listed for sale in Sea Point comprise approximately 24% of the total sale listings in the Atlantic Seaboard area.

24%

Properties listed for rent in Sea Point comprise approximately 34% of the total rental listings in the Atlantic Seaboard area.

34%

Interest

Interest Approximately 26% of the interest (views) in properties for sale in the Atlantic Seaboard area is attributable to properties listed for sale in Sea Point.

26%

Approximately 39% of the interest (views) in properties for rent in the Atlantic Seaboard area is attributable to properties listed for rent in Sea Point.

39%

Property types

Property types flat

2% complex

90%

flat

2% complex

91%

BUYING IN SEA POINT: The monthly bond repayment to purchase a typical property in Sea Point, namely a two-bedroom apartment, with the median asking price of R3,45m, is R33,867 per month over 20 years at prime of 10,25% with no deposit.

7%

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se hou

8%

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Neighbourhood

28 FEBRUARY 2016

PROPERTY NEWS

I love living in Sea Point because we get to take our little girls to ride their bikes on the promenade every evening MELISSA PHARO

About the area

13

BEST IN FOOD • G rab a frozen yoghurt crepe at the Italian-inspired Caldo & Freddo food truck.

• Sip on delicious coffee at Jarryd’s on Regent Road.

• Visit Sea Point dining institutions such as La Perla for seafood, Kleinsky’s Delicatessen for breakfast, and La Boheme for great tapas.

WORDS: BELINDA MOUNTAIN

S

ea Point is in the midst of a renaissance: from a once seedy Main Road strip running through a decaying suburb, to a thriving area with upgraded amenities, beautiful views and rejuvenated sectional title living today. From joggers flashing their washboard abs on the promenade, to parents enjoying the well-maintained playgrounds, and long-time residents frequenting their favourite delis and restaurants, Sea Point has something for everyone.

But it’s not all just about the ocean views and enviable outdoorsy lifestyle. Sea Point also has all the convenience a main street offers, so you can stock up on groceries, buy a birthday gift or pick up that tool you need to finish your DIY project. From doctors’ rooms to hairdressers, you can complete all your chores at the shops in the area before heading down to enjoy an ice cream and a seaside stroll. Or, if you’re looking to head further afield, the V&A Waterfront and city centre are both just a short drive away, which further adds to Sea Point’s appeal.

And what about the properties themselves? While there are plenty of high-rise luxury apartments and new townhouses on offer, there’s also a wealth of refurbished old-school sectional titles being snapped up.

These refurbished properties offer expansive balconies, high ceilings and other historic features that newer builds don’t necessarily feature, so demand for them is high.

Also, compared to Sea Point’s often exorbitantly priced neighbouring suburbs, properties here still offer relative value for money, with some apartments still selling between the R1,5m and R2,5m mark. However, apartments on the beachfront itself can now command anything between a hefty R15m to R20m.

Whatever draws you to invest in a Sea Point property, it’s clear that this suburb on the Atlantic Seaboard is a much sought-after place to live or visit on holiday − so your return on investment is likely to be a sound one.

TOP SCHOOLS • S ea Point Primary • The French School of Cape Town • Herzlia pre-primary and primary schools

AREA HIGHLIGHTS • E njoy a workout session at the outdoor gym on the promenade.

• Swim lengths at the Sea Point Pavilion swimming pool.

• Go for a run along the seafront and breathe in the ocean air.

• Launch your kayak and spend some time communing with nature.

Agent commentary Q: How has the area changed over the past five years?

A: Where Sea Point once was an old run-down area, today it’s one of the most sought-after residential and holiday home hot spots. Its top seaside location close to the CBD and the Waterfront, plus a bustling Main Road and the recent upgrade of the promenade, forms the core of its appeal. There’s also an active Neighbourhood Watch as well as the Sea Point Central Improvement District, both aimed at working towards improving security and cleanliness.

Property values have grown enormously over the last five years, despite the low economicgrowth environment, and some apartments can be snapped up in the R1,5m to R2,5m mark.

Q: Who is buying property in Sea Point and what types of properties are available?

A: We are seeing a variety of purchasers including foreigners who have fallen in love with the area and South Africans from other parts of the country, specifically Joburg and Durban.

Property investors are also keen buyers as it is a safe investment with good capital gains due to a shortage of stock availability.

The price per square metre continues to increase, which has a knock-on effect on the thriving rental market. There’s a diverse range of property available ranging from townhouses and apartments to houses and luxury penthouses. Sectional titles are in highest demand.

Q: What do you love most about Sea Point?

A: I’ve lived in Sea Point my whole life and love it for many reasons.

No other ocean-side suburb in Cape Town offers quite the same combination of lifestyle and convenience, where you can walk off the beach and straight to any amenity you need. For outdoor enthusiasts, the promenade is right on your doorstep and it’s always a vibrant hive of activity.

Residents also have a choice of excellent schools as well as places of worship, and Clifton’s iconic beaches are only five minutes away. There’s also a sense of history, with Sea Point being home to many landmark buildings and businesses.

Ian Slot

Rilee Palmer

Brendan Miller

083 303 3131 charl@everitt.co.za chaseveritt.co.za

072 350 8832 rilee@bermanbros.co.za bermanbrothers.co.za

021 439 3903 brendan@bsothebysrealty.co.za sothebysrealty.co.za

MANAGING DIRECTOR, SEEF ATLANTIC SEABOARD & CITY BOWL

MARKETING AND SALES MANAGER, BERMAN BROTHERS PROPERTIES

CEO, LEW GEFFEN SOTHEBY’S INTERNATIONAL REALTY ATLANTIC SEABOARD

Neighbourhood

MARKETPLACE

28 FEBRUARY 2016

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Neighbourhood

MARKETPLACE

Area Guide

– Get the full list at privateproperty.co.za/on-show

Agency Guide Atlantic Beach Estate

23

Atlantic Beach

23, 26, 27

Durbanville

20

Chas Everitt International Property Group

28

Big Bay

18

Protea Valley

28

ERA Real Estate

24

Blouberg

18

Eversdal Heights

28

Leapfrog

26

Bloubergrand

18, 24, 25, 26

Plattekloof

21, 28

Pam Golding Properties

19 - 22

Bloubergsands

22, 24, 25

Kanonberg

20

Rawson Properties

25 - 27

Bloubergstrand

17, 18, 22

Stellenberg

28

Re/Max International Property Group

16 - 17

Century City

27

Welgelegen

28

Sotheby’s international Realty

18

Duynefontein

26

Eden on the Bay

18

Melkbosstrand

26

BOLAND, OVERBERG & HELDERBERG

Milnerton

27

Franschhoek

20

Classifieds:

Parklands

16, 18, 22, 24, 26

Hermanus

20

Atlantic Beach Estate

27

Royal Ascot

27

Paarl

20

Rawson Properties

27

Sunningdale

16, 25

Somerset West

20

Sunset Beach

25

Vermont

20

Sunset Village

25

Westcliff

20

Table View

17, 22, 24

Van Riebeeckstrand

26

GARDEN ROUTE

West Beach

18, 24

Fancourt

WESTERN SEABOARD

NORTHERN SUBURBS

19

WEST COAST Yzerfontein

27

Want to see more on what’s happening in your hood?

Visit yourneighbourhood.co.za

Neighbourhood PROPERTY & LIFESTYLE

Your property guide and show house listings in the Sunday Times.*

* Selected areas only. Excludes Express edition.

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Bloubergrandt - Asking R2.5 million Brand new release

Don't snooze cause you will loose out on this very functional single storey For more pics & info SMS 1502873 to 38573*

.

Bloubergstrand - Asking R19.5 million

family home on 1.005sqm of land. Entrance hallway, lounge, dining room, spacious kitchen with breakfast area, 3 bedrooms, 2 bathrooms, study, separate cottage, 3 garages and swimming pool. To view please call:

A one in a million executive master home with class and panache! Breathtaking views that will lift your soul and your spirits

Gaby 083 448 4993 or Lydia 082 561 3046

From the impressive glass entrance foyer with d/vol spiral staircase overlooking table mountain, leading through to spacious elegant living areas with stacker doors opening onto large covered patio, 3 reception living areas leading to gourmet kitchen, barbecue and sun room with Jacuzzi, separate breakfast room. Top level, 4 bedrs all e/s, main suite overlooking the waves, plus quest cloakroom and study. Ground level garaging for 4 cars, cottage/gym with full bathroom, library/wine cellar/guest cloakroom. To view please call: Lydia 082 561 3046

For more pics & info SMS 1502873 to 38573*

Blouberg Beachfront - Asking R3.5m neg Views! What an opportunity for the future!

This apartment in “ Prime Position “ with magnificent views is a must to view. Large o/plan lounge – Dining room – Compact kitchen lots of cupboards – 3 nice sized bedrooms – Laminate flooring (MES) – 2 bathrooms – Double automated garage. Excellent block. Call today – Don’t delay!

Lyn Petzer 082 889 5163

For more pics & info SMS 1354700 to 38573*

West Beach - Asking R2.8 million Help please I only need a little TLC!

Double volume family home with open plan lounge and fire place, sliding doors leading to patio, downstairs bedroom suite, double auto garages, upstairs 3 bedrooms, 2 bathrooms. To view please call: Lydia 082 561 3046 For more pics & info SMS 1502873 to 38573*

Eden On The Bay - Big Bay - Asking R1.4m You’ve seen it, you’ve admired it and now is the time to own it!

Lock up and go luxury apartment on the beachfront with used mix of a city within a city where everything happens, restaurants on your door step, waves and music to your ears, consisting of 1 bed, 1 bath, open plan lounge area and balcony. Lydia Johnstone 082 561 3046

Mobile site pics and info SMS 1476643 to 38573*

Parklands - R750 000

This charming duplex is situated in a gated complex

On the Myciti Bus route & close to all amenities. 3 Bedrooms, 2 bathFor more pics & info SMS 1354406 to 38573*

.

Parklands North - R3.5 million

rooms (1 main-en- suite), open plan lounge, dining room & kitchen, single garage & parking bay plus lots of visitors parking. To view call Karen 074 168 6550 or Lydia 082 561 3046

New Release! A delightful mingling of sunlight and fresh mountain air

In prime position near best schools and shopping centres with breezy ocean air. Easy access to beach, West coast and main to Northern suburbs, as well as City and bus routes. 3 Bedrooms, 2.5 bathrooms, open plan kitchen with granite tops, cherry wood finishes. 3 Gas burner hob and 2 electric plates and oven. Double garages with 3 secure off street parking. To view please call: Tommy 084 575 7894 or Lydia 082 561 3046 Experts in home finance.

Kanonberg Lifestyle Estate R9.5 million A gracious, double storey home built on the water’s edge of Kanonberg dam.

Bedrooms 4 / Bathrooms 3.5 / Garages 2 / Ref# WM1019723 Gené 082 975 2869 / Paige 082 901 7045

WINELANDS TO WHALECOAST Onrus: 028 316 3390 / Hermanus: 028 312 1110 / Stellenbosch: 021 887 1017 / Somerset West: 021 851 2633 Paarl: 021 871 1480 / Franschhoek: 021 876 2100 / Durbanville: 021 975 7209 / Welgemoed: 021 913 7670

Ref# 1241862

Ref# DBV1168071

Ref# SW1227044

Ref# ON1242024

Franschhoek / R27 million

Durbanville / R14.95 million

Somerset West / R8.5 million

Vermont / R7.95 million

Bedrooms 7 / Bathrooms 6 / Garages 8 A unique opportunity to acquire an entire boutique estate in Franschhoek with two homes in this prime position.

Bedrooms 7 / Bathrooms 9 / Garages 7 Magnificent property in sought after suburb near golf course. Wine cellar, gymnasium and more.

Bedrooms 4 / Bathrooms 3 / Garages 3 Close to Parel Vallei high and Beaumont Primary. Large beautiful established garden.

Sub-divisble.

Bedrooms 5 / Bathrooms 3 / Garages 2 Provençal masterpiece with unobscured mountain and ocean views. Ideal guest house opportunity.

Shelly Schoeman 083 301 8833

Angela le Roux 078 100 9981

Gemey Moss 072 198 5900

Sandra Boshoff 082 873 0166

Ref# HF1256599

Ref# TK1252939

Ref# TK1223584

Ref# SW1234021

Westcliff, Hermanus / R5.95 million Paarl / R3.495 million

Paarl / R3.45 million

Somerset West / R2.595 million

Bedrooms 5 / Bathrooms 5 / Garages 2 Unobstructed sea views and plenty of space for entertaining. Opulent furnishes with crystal chandeliers throughout.

Bedrooms 4 / Bathrooms 3 / Garages 2 Large family home in Courtrai. In a prime position looking onto the dreamy landscape of mountains beyond.

Bedrooms 4 / Bathrooms 4 / Parking 5 Artistic double-storey home offering ample space for the extended family or an opportunity to run as a guest house.

Bedrooms 3 / Bathrooms 3 / Garages 2 Perfect for anyone looking for something unique. Has potential for expansion.

Dinita Hewett 082 898 4519

Elaine Reeder 082 784 1453

Lynette Schoeman 082 553 3045

Leigh-Ann Ogilvie 081 851 3512

pamgolding.co.za

PLATTEKLOOF Sales & Rentals: 021 558 3438 / plattekloof@pamgolding.co.za

Baronetcy Estate, Plattekloof / R30 million

Ref#1PLA1244601

Bedrooms 8 / Bathrooms 8 / Garages 4 Fit for a king! An exceptional family home where luxury, space and outdoor living defy expectations. Situated within prestigious Baronetcy Estate, its double-volume spaces, high ceilings and exceptional accommodation are all matched by superior imported finishes sourced worldwide. Equally secure and private, this mult-million Rand home is built to perfection with attention to detail throughout. Marble flooring from Oman, tiling from Spain, Swarovski crystal chandeliers, stylish Australian kitchen, European double-glazed windows, white marble water features and imported carpets to name just a few of the exceptional finishes in this mansion. Also offering, heated indoor swimming pool, cinema room, spa and sauna.

Pierre Nel 076 967 3766 / Tonja Ellman 082 978 3576 /PamGoldingProperties @PamGoldingGroup

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WESTERN SEABOARD Blouberg: 021 557 1115 / Big Bay: 021 554 0033 / Sunningdale: 021 556 2362 / Sunset Beach: 021 551 8640 Atlantic Beach Estate: 021 201 8706 / pamgolding.co.za/western-seaboard

Ref# 1TV1255020

Ref# 1TV1255778

Bloubergstrand / R5.616 million

Bloubergsands / R1.197 million

Bedrooms 3 / Bathrooms 4 / Garages 2 / Sophistication, style, security and captivating views. This seldom available home is in a well-managed gated complex in Bloubergstrand.

Bedrooms 2 / Bathrooms 1 / Garages 1 / Positioned on the MyCiti bus route, close to schools, restaurants, Blouberg Hospital, parks to walk your dogs.

Lizzy Botha 083 300 0093

Dolly Hibberd 083 320 1323

Ref# 1TV1256162

Ref# 1TV1254215

Table View / R480 000

Parklands / R1.45 million

Bedrooms 2 / Bathrooms 1 / Parkings 1 / Investment or starter home in a gated complex offering spacious gardens and 2 swimming pools and an exclusive use parking bay.

Bedrooms 3 / Bathrooms 2 / Garages 1 / Lovely home situated in a quiet crescent in Parklands North close to all amenities. Follow showboards from West Coast Road.

Garth Marquard 083 655 4646

Jacques Windell 079 137 3182

pamgolding.co.za

Neighbourhood

yourneighbourhood.co.za | 28 FEBRUARY 2016

SOLE PROPERTY PARTNER Mandy Oschman / Sales 082 567 0398 mandy.oschman@pamgolding.co.za Tracy-Ann Craig / Rentals 082 415 4852 tracy.craig@pamgolding.co.za

ATLANTIC BEACH ESTATE Atlantic Beach Estate: 021 201 8706 pamgolding.co.za/atlantic-beach-estate

Ref# 1TV1243923 1TV1239051 Ref# 1TV1196900

Ref# 1TV1217145

Atlantic Beach Estate / R5.6 million

Atlantic Beach Estate / R4.2 million

Bedrooms 4 / Bathrooms 3 / Garages 2 / This home has all the rooms one needs for a family with changing needs. There is a second lounge with gas fireplace, bar area and games room.

Bedrooms 3 / Bathrooms 3 / Garages 2 / A perfectly laid out home. Open-plan lounge with gas fireplace, lounge opens onto a private covered patio with large private garden.

Mandy Oschman 082 567 0398

Mandy Oschman 082 567 0398

Ref# 1TV1252559

Ref# 1TV1247451

Atlantic Beach Estate / R40 000 pm

Atlantic Beach Estate / R26 000 pm

Bedrooms 4 / Bathrooms 3.5 / Garages 2 / The open-plan kitchen with separate scullery and pantry, flows into the lounge and large dining area, ideal for entertaining. With a separate flatlet.

Bedrooms 4 / Bathrooms 2.5 / Garages 2 / A family home with lounge and dining room opening up to a fully-walled private garden with stunning views of the fairway, ocean and Table Mountain.

Tracy-Ann Craig 082 415 4852

Tracy-Ann Craig 082 415 4852 /PamGoldingProperties

pamgolding.co.za

@PamGoldingGroup

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Your Neighbourhood Experts Blaauwberg | 021 557 5514

!! T! D L EF O L 4S Y1 L ON

FIVE EXCLUSIVE BEACHFRONT APARTMENTS FROM R5,850,000 VAT INCLUDED

Contact: Mike 082 5555 390 mike.bw@rawson.co.za

SOLE MANDATE

BLOUBERG SANDS

R1,650,000

NEW RELEASE

SUNSET VILLAGE

SOLE MANDATE

R10,900,000

Bedrooms 2 | Bathrooms 2 | Garages 1 Web ref: 650147

Bedrooms 4 | Bathrooms 5 | Garages 2 Web ref: 0697707

TUSCANY LIFESTYLE Delightfully light & modern duplex in a secure complex, offers 2 bedrooms upstairs, an open plan kitchen onto a living room downstairs.

Maintainable garden with a single garage. A must to view!!

Tracy: 083 303 1066 & Gary: 083 258 2845

BEACH FRONT EXECUTIVE HOME IN TOP SECURITY ESTATE! 4 double bedrooms(all en-suite). Stunning entertainment area, private decked pool, state of the art kitchen with imported finishes.

Adele Werth: 082 555 8365

NEW RELEASE

SUNSET BEACH

R6,295,000

Bedrooms 4 | Bathrooms 5 | Garages 3 Web ref: 689663 NOT TO BE MISSED! This wonderful brand new family home offers beautiful, tasteful and Open-plan design. Choose your own fittings and colours to complete this castle!

Adele Werth: 082 555 8365

SUNNINGDALE

SOLE MANDATE

R1,495,000

Bedrooms 2 | Bathrooms 1 | Garages 2 Web ref: 0697909 LOVELY STARTER HOME IN SUNNINGDALE Situated close to the Primary School, this 2 bedroom quaint home is ideal for the smaller family. Boasting 2 bedrooms, an open plan living room and an open plan kitchen, a secure walled garden, a double garage and a driveway with parking for 6 cars.

Jaques: 084 250 1665 / Michele: 084 250 1693

We see greatness in our neighbourhoods.

NEW RELEASE

SOLE MANDATE

BLOUBERGRANT

R1,150,000

NEW RELEASE

SUNSET BEACH

R15,000,000

Bedrooms 1 | Bathrooms 1 | Garages Web ref: 0700463 IRRESISTIBLE This neat, well-kept 1 bedroom apartment located in a very sought after complex, situated one block from the beach. Fully furnished, will sell fast!

Bedrooms - | Bathrooms - | Garages Web ref: 0701515

Melinda Glanvill: 078 342 6678

Adele Werth: 082 555 8365

NEW RELEASE

SUNNINGDALE

SOLE MANDATE

R2,550,000

SPECTACULAR SEASIDE LAND The last seaside plot on glorious Sunset Beach!

Build your dream home on the beach!!

NEW RELEASE

SOLE MANDATE

BLOUBERG SANDS

R2,680,000

Bedrooms 3 | Bathrooms 2 | Garages 2 Web ref: 0696903

Bedrooms 3 | Bathrooms 2½ | Garages 2 Web ref: 0704203

SIMPLICITICALLY MODERN Modern corner property is perfectly positioned in sought after Sunningdale.This secure, gated home with clean finishes offers 2 living areas, a stunning kitchen all open plan. Call Tracy to view!

Tracy: 083 303 1066

EXCITING NEWLY RENOVATED GEM IN BLOUBERG SANDS! Presenting a spacious family home which has successfully blended Modern Styles with a French Country feel. Viewings of this unique home are by appointment only.

Jaques: 084 250 1665 / Michele: 084 250 1693

www.rawson.co.za

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