Neighbourhood DBN - 04 December 2016

Neighbourhood 4 DECEMBER 2016

PROPERTY & LIFESTYLE

Surf’s up!

Why locals love KZN’s world-class beaches, page 3

3

SUBURB FOCUS: TOP SURF SPOTS

6

BUSINESS Q&A

8

PROPERTY NEWS

DURBAN, KWAZULU-NATAL

Umhlanga, KZN – Luxury Apartments l Some Sea Facing l R2 608 000.00 (2 Beds/ 2 Baths) l Fully Fitted l Caesar Stone Kitchen

Proposed Development Land – Queensburgh, KZN

Zimbali Holiday Home – Fairmont Zimbali, KZN

Extent: ±9 000m² Price: R6 200 000.00

Fully Furnished – Price: R2 400 000.00 (1 Bedroom), R4 500 000.00 (2 Bedrooms)

Umhlanga, KZN

Umhlanga, KZN

Medical Suites – Starting Price: R1 896 980.00

Luxury Apartments (Some Sea Facing) Starting Price: R3 900 000.00 (3 Beds / 2 baths)

Contact +27 31 566 1027 | 073 098 3438 | 060 383 8632 | africarising@vodamail.co.za www.africarisinggroup.co.za | www.themarinaumhlanga.co.za | www.themadison.co.za

4 DECEMBER 2016

Neighbourhood

PROPERTY NEWS

3 Suburb focus

KZN surf hot spots Where the waves are cooking WORDS: MEGEAN DEANE

W

elcome to surf city! Warm waters, sunny skies, surf shops, a laid-back culture and a long coastline of great beaches are what make Durban the place to grab your surfboard and catch a wave.

Surfers are spoilt for choice when it comes to finding good waves. There are several popular surfing spots found along Durban’s beachfront, also known as the Golden Mile. A favourite among locals, which consistently promises world-class, hollow, fast and powerful waves is New Pier, close to California Dreaming restaurant.

Not too far from this section you will find Bay of Plenty, which was once the favourite surfing spot for many. Other surfing favourites along the Golden Mile include Dairy, Wedge and North Beach.

North Beach is where the annual

IMAGES: SHANE VAN ECK & ISTOCK

international surfing competition used to happen. The competition was known as the Gunston 500 from 1969 to 1999, and then the Mr Price Pro from 2000 to 2008.

The North Coast offers a great surf culture, and some of the best waves, especially in Umhlanga and Ballito.

Ballito became the next home of the surfing competition from 2009, which, in its 47th year, is now known as the Ballito Pro Presented by Billabong.

The South Coast also has much to offer and you can expect big swells, especially if you catch your waves early in the morning before the wind picks up.

My favourite surf spots are Wedge and Bay of Plenty. I grew up surfing at the Bay of Plenty, so it holds a special place for me as well.

DEON KNOETZE, FIND THE STROKE SALT ROCK SURF SHOP

To find out how the waves are performing in a certain area, go to swell.co.za.

Our piers, warm water, tropical climate and close proximity between the breaks make us definitely stand alone among the rest CHRIS KNUTSEN, SA SURFERS MASTERS CHAMPION

I surf at Scottburgh, Warners and other beaches along the South Coast.

Durban is known for its warm waters, friendly faces and good surf.

SURFING 101: • Surfing is unpredictable and demanding; know your ocean safety rules.

• Get a good surfboard for beginners.

• Practise on land first.

• Find a surf spot for beginners.

• Have fun!

COMPETITIONS COMING UP: • El Nino Series, at Ansteys Beach, 10 December, hosted by Bluff Boardriders • Lizzard Hurricane Summer Surf Contest, at Umhlanga Main Beach, 10 and 11 December

ADAM BURGOYNE, LOCAL SURFER

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ADVERTISING SALES: Visit yourneighbourhood.co.za or call 087 828 0423 Sales & Marketing Manager: Michèle Jones michele.jones@thecreativegroup.info Production (Editorial Advertising): Charis Le Riche charisl@yourneighbourhood.co.za Advertising: Julie Ellice kzn@yourneighbourhood.co.za

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PROPERTY NEWS

 

4 DECEMBER 2016

Neighbourhood

Suburb focus

For sale

Median asking prices

Durban CBD

R395,000

R830,000

For a typical property (one-bedroom apartment)

In a complex

R500,000

R1,25m

For an apartment

For a house

Properties listed Properties listed for sale in the Durban CBD comprise approximately 5% of the total sale listings in the Durban Central area.

Here are the latest property figures for the area

5%

Interest Approximately 3% of the interest (views) in properties for sale in the Durban Central area is attributable to properties listed for sale in the Durban CBD.

3%

Property types apartment

93%

house

complex

4%

3%

For rent

Median monthly asking prices

R3,950

R4,660

For a typical rental property (one-bedroom apartment)

For an apartment

R9,500 For a house

Properties listed

5%

Properties listed for rent in the Durban CBD comprise approximately 5% of the total rental listings in the Durban Central area.

Interest

8% Buying in the Durban CBD

Approximately 8% of the interest (views) in properties for rent in the Durban Central area is attributable to properties listed for rent in the Durban CBD.

Property types apartmen t

The monthly bond repayment to purchase a typical property in the Durban CBD, namely a one-bedroom apartment with the median asking price of R395,000, is R3,944 per month over 20 years at prime of 10,5% with no deposit.

house

4%

96%

4 DECEMBER 2016

Neighbourhood

GIFT GUIDE

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Snowflake sterling silver bracelet with charms.

Franco Rossi caged anklestrap sandal on a wooden heel.

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PANDORA

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3 HOMEMATION 011 781 8887 denon.co.za

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R750

R890

R6,499

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6

PROPERTY NEWS

4 DECEMBER 2016

Neighbourhood

My business neighbourhood

Q: How did you find your premises?

A: A chance meeting with Brad Wills of Fulfil Consulting led us to taking up the kind offer of space at 25 Richefond Circle. The space houses “like-valued businesses who work together” and we were offered Suite 103 at a reduced rate for the first three months, while we set up our company. I like to call our community on the first floor a hive of individual business cells, with shared goals, working together in a mutually beneficial way to see them realised.

Creating a collective of genius minds and creative spirit isn’t easy, but there’s a Durban agency that’s doing just that WORDS: CATH JENKIN

IMAGES: SUPPLIED

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

A: With ocean views, multiple presentation rooms and open creative spaces, our office serves us excellently, nurturing each person’s level of inspiration. Our business is driven by inspiration.

W

e chat with Arc Design Studio founder and creative director, Grant Visagie, to learn more about this Durban agency’s journey towards greatness.

Q: How did your business start?

A: A fter a two-year stint within traditional advertising agency life, I was called to help to create and set up Kaleidoscope, an in-house design resource for Unilever.

Kaleidoscope blossomed to become an integrated and celebrated part of the larger company.

Arc Design Studio opened its doors in February 2015 as a preferred supplier for Unilever, but also focused on supporting SMMEs.

Q: Who are your neighbours?

A: Our immediate neighbours are Alan Wills and Associates. They’re a group of generous engineers and a biologist who consult with businesses with the goal of helping them thrive. Our community of businesses meets up regularly to share lunch and catch up. We enjoy an atmosphere of such hopeful, positive problem-solvers who want to see Durban thrive!

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

A: For strategic reasons. We’re located across the road from our main client’s headquarters and Umhlanga is one of Durban’s premier business hubs. We’re excellently positioned to serve the greater Durban community.

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

A: P rices in this area are usually on the higher end of the spectrum, around R140/m2, but we’re able to defray our costs significantly by offering hot desks within our creative space.

The Glenlivet Stand

Chivas Stand 12yr, 18yr & Extra

R 1 399.90 per stand

12yr, 15yr, 18yr & Nadurra First Fill selection on stand

R 3 409.90 per stand

Jameson Stand

The six strides

Jameson Original, Jameson Select Reserve & Caskmates

6 bottle stand with Johnnie Walker Black Label, Double Black, Green Label, Gold Label Reserve, Platinum Label & Blue Label

R 899.90 per stand

R 5 099 per stand

Uva Mira Twin pack 1 x Single Tree Chardonnay 2014 1 x Cabernet Franc 2013

R 849 per pack

Flagstone Poetry 6x Merlot in a gift box with glass

R 299.99 per gift box

Q: What type of clientele do you primarily deal with?

A: We really do it all, from FMCG (fast-moving consumer goods), to agencies and individuals, specifically focused on SMMEs. We love seeing new businesses succeed.

Q: Do you have any expansion plans?

A: We’re about to launch a productbased business and in the long term we want to launch a bigger version of our hive, with space for many more businesses who share a common vision to thrive within, creating a more connected, relational, integrated and sustainable way of life.

Q: What’s your most popular service?

A: We are a small team of six permanent members, with many more close partners, who together comprise the full array of traditional agency skills. Through our modus operandi of strategic thinking, informing excellent execution, we are able to leverage each team member’s unique strengths, and offer a wide range of services, including integrated marketing, art direction, brand strategy, graphic design, copywriting, web design, social media, videography and photography services.

SEE FOR YOURSELF: Arc Design Studio 031 583 8018 facebook.com/arcdesignstudio

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8

PROPERTY NEWS

4 DECEMBER 2016

Clifton smashes residential auction record

A

winning bid of R90m on a super luxury villa in Clifton’s Nettleton Ridge, broke SA’s residential auction price record by more than R30m.

Joff van Reenen, director and lead auctioneer, The High Street Auction Company, confirmed that the sale of the home in late November had been concluded.

“The normal transfer process has already started and we foresee no hiccups going forward,” says Van Reenen. The new owner is

South African Clare Wiese.

Van Reenen says, “It’s a shot in the arm for the SA property market when families like the Wieses are investing so much in fixed assets in this country, and this sale demonstrates how well the auction model works for unique homes.”

The auctioneer holds the records for the most expensive property sold under the hammer in SA – the Kyalami Grand Prix Race Track in Joburg for R205m in 2014 – and the most expensive residential price achieved at auction with the Clifton sale.

Even with the current political volatility, macroeconomic indicators favour the festive trading season in 2016. Dominant regional shopping centres are best poised to attract spend. Shopping centres that successfully compete for market share are those deeply rooted in their communities.

PAUL GERARD, MD, FLANAGAN AND GERARD PROPERTY DEVELOPMENT AND INVESTMENT

Development in Modderfontein drives market

I

nvestment and development have transformed the oncemodest East Rand suburb of Modderfontein over the past decade.

Investment and development have steadily driven an increasingly resilient residential market that is weathering the current economic storm better than many areas.

Citing Lightstone data, Lew Geffen, chairman, Lew Geffen Sotheby’s International Realty, says, “In 2010, the freehold median price briefly dropped from its previous high of R3,15m to just R950,000, but by 2011 it had jumped to R4m from where it continued to increase, reaching a record R4,3m by 2015.

There is no denying that the market has been slower this year with a slight dip in sales, but property

values have remained on a steady upward trajectory with a median price of R4,65m recorded last month.”

William Lee, area specialist, Lew Geffen Sotheby’s International Realty Modderfontein and Greenstone Hill, says, “Modderfontein has a wide range of properties to suit all budgets, from entry-level houses and apartments starting at around R2,3m and R850,000 respectively, to large, modern designer homes nudging the R10m mark.”

He attributes Modderfontein’s market buoyancy and surge in demand to a combination of appeal factors that tick most of the priority boxes for Joburg homebuyers; for example, secure estates, good schools, and proximity to OR Tambo International Airport.

Pier Place on Cape Town’s foreshore reworked

P

ier Place is being refurbished and redeveloped at a cost of more than R200m by new owners Aria Property Group. The 15-storey, 15,000m2 office building on Jetty Street is in a prime position on Cape Town’s foreshore.

Ilan Kaplan, MD, Aria Property Group, says, “We looked at Pier Place with fresh eyes to see how it could be moulded to be more contemporary while retaining its timeless appeal.

“Formerly entirely tenanted by Vodacom, this is a well-maintained and attractive building with efficient floor

plates of 1,000m2, and consequently lends itself to redevelopment and optimal space usage, allowing for one, two or up to four tenants per floor.”

Pier Place is letting “at highly competitive rentals of R145 gross per square metre (for delivery next June), which compares favourably with similar top-end office space in key locations and corridors in the city centre, and is significantly cheaper than the trendy, but small shared office space”, says Kaplan.

Recently completed projects in the area include Growthpoint’s Roggebaai Place and Redefine’s The Towers.

Neighbourhood

Student life

A parent’s guide to finding student accommodation for their kids WORDS: MOLLY FITZ-PATRICK

IMAGE: ISTOCK

A

fter the initial joy of your child being accepted into their favoured tertiary education institution, the next hurdle is finding accommodation. Universities often do not have nearly enough residences to accommodate all their students, and if you don’t apply early, you’ll miss out. Thankfully there are a few alternatives, like private student accommodation. But no matter the type of accommodation available, your concerns will be the same. Here’s what features top of the list for parents:

Safety

No matter the age of your child, their safety and wellbeing will always be your first priority. When they leave home, that concern becomes all the more prominent. Not only do you want them to be safe, you also want them to feel secure in their new home. Leon Howell, MD, CampusKey, says that safety is the number one issue parents ask about when it comes to private student accommodation. “It’s for that reason,” says Howell, “that CampusKey accommodation has secure parking, and excellent biometric security.”

Costs

Raising a child adds extra financial pressure on parents, but this becomes even greater when the child leaves home and enrols in university.

When looking for a good deal, factor in additional costs like internet, parking and utilities, among others. The last thing you want is to be surprised with extra costs. Ensure that you’re getting an all-inclusive price.

Location

If you’re looking to save some money on transport costs, try to find a place that’s either close to campus or close to public transport. “Parents tell us that the tuition fees and accommodation costs are high enough; they can’t give their kids cars, too. When we look for CampusKey locations, we take this into account. Our two new buildings in Cape Town – Rosebank and Observatory – are both situated within walking distance from the campus, the Jammie Steps and the Jammie Shuttle route, transporting students to the heart of UCT’s campus.”

Shared living

You want your kid to have the best experience, to make friends and to be involved in campus and university life.

Shared living is a great option as it’s cheaper than residences and means living with other students. Dedicated student accommodation is also great if it has a shared living space that your child and other students can enjoy together. Some private accommodation for students includes lounges with TV and DStv, braai areas and gyms.

#WinWithCampusKey CampusKey is giving away one year’s accommodation for a lucky student at the brand new Rosebank and Observatory buildings, valued at R72,000, which will include the following: • • • • • • • • • • • • • • • • •

LED TV Secure biometric access Free Wi-Fi 3/4 bed with quality mattress Wall-mounted panel heaters Block-out curtains Study table Bookcase Chair Fridge and freezer Kettle Microwave Fitted cupboards Pinup board Use of the gym Use of braai areas and clubhouse Use of laundry facilities

To enter, simply fill out the entry form online at yourneighbourhood.co.za/winwith-campuskey. Terms and conditions apply.

SOLD - 225 homes sold in just 24 months, let Julie Solomon Property do the same for you.

MORNINGSIDE

R1 270 000 ESSENWOOD

D L SO Y A D 1 IN

MORNINGSIDE

SOLE MANDATE R1 375 000

D L O S DAYS IN 10

R1 050 000

D L SO Y A D 1 IN

MUSGRAVE

D L O S AYS IN 8 D

SOLE MANDATE MUSGRAVE

R1 095 000

D L O S DAYS IN 13

SOLE MANDATE

R2 095 000

SOLE MANDATE GLENWOOD

R1 595 000

D L O S SOLE MANDATE

082 889 0915 | 031 303 1781 | julie@jsproperty.co.za | www.juliesolomonproperty.co.za |

Julie Solomon Property

ESSENWOOD

R2 295 000

SOLE MANDATE

ON SHOW 2:30 - 5pm

CHARM & GRACE! 2 Bed | 2 Bath | 1 Garage | 1 Parking

Elegant garden maisonette offers graceful living areas, high ceilings throughout and Mediterranean shutters. Beautiful modern kitchen plus scullery/laundry. Main bedroom (en-suite) complete with full dressing room & French doors which open to the private patio & pool. One of 4 units, good security – alarm, beams, electric fencing. Pet friendly.

JSP pointers cnr Essenwood Rd/Overdale Rd and Musgrave Rd/Overdale Rd. Web Ref: JSP0283

MUSGRAVE

OFFERS FROM R985 000

SOLE MANDATE

ON SHOW 2:30 - 5pm

GREAT VALUE! 2 BED | 2 BATH | 1 GARAGE

Bright and airy living areas with big windows for lots of natural light. Large modern granite kitchen. Main bedroom (mes) + laundry room. 115m². Asking price R1 095 000.

JSP pointers to 46 Currie Rd. Web Ref: JSP0271

MORNINGSIDE

SOLE MANDATE

OFFERS FROM R1 165 000

ON SHOW 2:30 - 5pm

GROUND FLOOR 3 BED | 1 BATH | 1 PARKING

Beautiful apartment all on one level (113m²). Mod bathroom (sep. loo). New cupboards in bedrooms, lovely wooden floors. 24-Hour security guard. Asking price R1 295 000.

JSP pointers cnr Essenwood Rd/Bonair Rd. Web Ref: JSP0261

R6 497 000

SOLE MANDATE LUXURY & GRACE

ESSENWOOD

VIEW BY APPOINTMENT 4 Bed | 4 Bath | 4+ Parking | Cottage

Sophistication is key in this elegantly modern & luxurious home. Terrific for entertainment - excellent flow to patio, custom-built bar, casual lounge, pool & garden. Includes large (90m2) modern flat, ideal for parents/home-based office. The perfect private lock-up-&-go lifestyle. Prime address, 24-hour street patrol.

Call Julie to view – 082 889 0915 | 031 303 1781.

Web Ref: JSP0284