Neighbourhood PTA - 10 December 2017

Neighbourhood 10 DECEMBER 2017

PROPERTY & LIFESTYLE

Lure of the coast Why homebuyers all over the country are choosing to invest in coastal properties, page 6

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HOLIDAY ATTRACTIONS

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BUSINESS Q&A

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INVESTING IN THE COAST

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NEWS & LIFESTYLE

10 DECEMBER 2017

Neighbourhood

Suburb focus

Holiday guide Explore your city these holidays WORDS: MOLLY FITZ-PATRICK IMAGES: SUPPLIED, LADY AND WIND PHOTOGRAPHY & ISTOCK

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he December holidays present the perfect opportunity to spend time with family and friends. With so much to see and do, why not make the most of your free time by exploring your city? We’ve selected some of the top attractions and events happening this month.

Holiday events

National Youth Orchestra Symphony Concert If you’re in the mood for a festive and memorable night out, this is one to jot down on your calendar. The National Youth Orchestra will be performing Tchaikovsky’s Symphony No. 4 and Stravinsky’s Pulcinella Suite.

WHEN: 15 December, 7.30pm WHERE: Unisa Muckleneuk Campus, Muckleneuk INFO: goo.gl/SsXWTo

Irene Village Christmas Market

With everything from furniture, decor, cosmetics and designer clothing, to jewellery, art and ceramics, this annual Christmas market is a fantastic place to do your gift shopping.

WHEN: 16 December, 9am–2pm WHERE: The Big Red Barn, Irene INFO: irenemarket.co.za

Kersfees Katastrofe

Expect a funny and entertaining Christmas performance at Atterbury Theatre. While the show is aimed at kids, it’s perfect for the whole family.

WHEN: 11 & 12 December, 11am WHERE: Atterbury Theatre, Lynnwood INFO: goo.gl/r1noew

Christmas Eve Dinner

Christmas Plant Market

Indulge this Christmas Eve with a delicious buffet at the Centurion Country Club. The buffet costs R250 per person and includes a welcome drink, Christmas hats, live entertainment and even a visit from Santa for the kids.

WHEN: 24 December, 6.30pm–11.30pm WHERE: Centurion Country Club, Centurion INFO: centuriongolfestate.co.za

From orchids to exotic plants and indigenous trees, why not get a more unconventional Christmas gift for a loved one? Head to the Christmas Plant Market at Orchidology and browse through the great selection of plants.

WHEN: 16 & 17 December, 9am–3pm WHERE: Orchidology, Bashewa INFO: orchidology.co.za PUBLISHED BY BLACKSTAR PROPERTY PUBLISHING Unit G04, Old Castle Brewery Bldg 6 Beach Road, Woodstock Cape Town, 087 828 0423

EDITORIAL TEAM: Group Editor: Charis Le Riche charisl@yourneighbourhood.co.za Managing Editor: Molly Fitz-Patrick

ADVERTISING SALES: Senior Sub-Editor: Mlungisi Mthembu Designers: Anja Bramley & Samantha Durand Group Online Editor: Lauren Joubert

Visit yourneighbourhood.co.za or call 087 828 0423 Sales & Marketing Manager: Michèle Jones michele.jones@thecreativegroup.info Key Account Manager: Marie Hay marie.hay@thecreativegroup.info Production (Editorial & Property Advertising): Lucea Goosen pretoria@yourneighbourhood.co.za

10 DECEMBER 2017

Neighbourhood

Top attractions Union Buildings

The official seat of government, the Union Buildings are considered to be Sir Herbert Baker’s greatest architectural achievement. Apart from the buildings, the gardens, grounds and views alone are worth visiting for. gauteng.net/attractions/union_buildings

Freedom Park

A cultural institution, Freedom Park has two main components: a museum and a memorial.

The memorial and museum honour those who contributed to South Africa’s liberation and preserve and narrate the story of Africa. freedompark.co.za

National Zoological Gardens of South Africa

Affectionately known as Pretoria Zoo, the National Zoological Gardens of South Africa houses thousands of species, the National Research Foundation facility, 6km of walkways and the third-largest collection of exotic trees in the country. nzg.ac.za

Family activities Family Fun Day

The Love Eternal Foundation will host its first Family Fun Day at Cedar Junction Theme Park, with a variety of family activities. All you need to do is bring your picnic basket, sunscreen and cozzies.

WHEN: 16 December, 10am–4pm WHERE: Cedar Junction Theme Park, Zwavelpoort INFO: goo.gl/oDz8Cp

50 per nk, t and .

Acrobranch 30pm Acrobranch is “a treetop experience dedicated to offering children and adults alike a unique adventure as they move from tree to tree in lush, green forests.” It’s an active and unique way of spending time with friends and family, and perfect for these holidays.

WHEN: Wednesday to Sunday, 9am–5pm WHERE: Acrobranch Pretoria North, Acrobranch Rosemary Hill & Acrobranch Centurion INFO: acrobranch.co.za

Painting Made Easy

Painting Made Easy is a beginners’ class in basic painting methods and techniques open to people of all experience and skill levels. It’s a fun and relaxing way to spend a day with friends and family.

WHEN: 11 & 18 December, 9am–12 noon WHERE: Pretoria National Botanical Garden, Brummeria INFO: goo.gl/F3DYDV

NEWS & LIFESTYLE

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PROPERTY NEWS

10 DECEMBER 2017

Neighbourhood

My business neighbourhood LifeLab is a warm and welcoming medical practice in Lynnwood WORDS: ZENA LE ROUX

IMAGE: LAURANCE VILJOEN

pleasant experience. What should have been a small family practice, was forced to expand to house a family of medical and beauty practitioners.

W

ith an experienced team of medical professionals, including a physiotherapist, a paediatric nurse and a somatologist, LifeLab is a one-stop shop for all of your health requirements. Dr Juanri Jonck, GP, tells us more.

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

A: We decided on Lynnwood Proper because of the excellent proximity to the different eastern suburbs of Pretoria as well as the close proximity to the N1 freeway for our Johannesburg and Centurion patients. Another drawcard was the old-town feeling you get when you arrive here. It’s a very established area, with residents still having community picnics. Being surrounded by quaint coffee shops and restaurants is another bonus.

What more could one ask for?

Q: How did your business start?

A: LifeLab was a range of accidental meetings of like-minded people.

Even before we opened, we were a small team of professionals planning to change the lives of patients by making health care a

Q: How did you find your premises?

A: I had just had my little girl when the two of us went for a coffee date at La Monaco. When we passed the toy store, I saw a “To Let” sign and just knew that it was the ideal spot for a

medical practice. Many coffee dates and toy store visits later, we finally managed to get the space and start renovating.

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

A: Because we’re a family practice, it’s a huge privilege to be surrounded by so many families within the Lynnwood area. Not only are the demographics in Lynnwood and the surrounding areas ideal, but it’s also a suburb where residents still greet each other, walk their dogs and make time to chat. I get to wave to my patients on my way to work. We’re also located under an innovative company, with young people who look after their health, called Delta BEC. Q: Who are your neighbours?

A: We’re in the fortunate situation of being surrounded by every service delivery shop we could possibly need. Next to us we have the Hillside Tavern restaurant which has been around for longer than most of the people in this building.

Our other next-door neighbour is La Monaco, a coffee shop, which I think has the best rusks in town.

We also have a newcomer called Aardts, which is a quaint furniture and decor shop. The other neighbours include a hair salon responsible for keeping us looking neat and tidy and even a doggy parlour to keep the pooches looking pretty.

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

A: It’s fairly reasonable. Accessibility makes it worth it.

Q: How many people go through your office each day?

A: Because we have so many services on offer at LifeLab, it amounts to quite a large number on a daily basis. On average, we have 50 people per day. We’re extremely happy with the growth of the practice over the past year.

Q: Do you have any expansion plans?

A: We do! With our medical weight loss programme, MediLean, reaching new heights, we’re looking forward to introducing a dietician to help patients deal with their long-term relationship with food. We’re also planning to use our IV treatment clinic for Family First Aid classes.

There are so many possibilities.

Q: Do you operate online as well?

A: Yes, you can find us on Facebook (facebook.com/lifelabmed), Instagram (@lifelabmed) and we have a website (lifelabmed.co.za).

Q: What’s your most popular service/item?

A: Currently, it’s our super medical weight-loss programme, probably because summer has arrived and everyone wants to get bikini-ready for the holidays. Our most popular product is the drinkable Super Collagen +C, definitely a must-have supplement!

SEE FOR YOURSELF: LifeLab 084 965 4444 lifelabmed.co.za

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PROPERTY NEWS

10 DECEMBER 2017

Neighbourhood

Coastal investment on the increase Homebuyers are choosing coastal properties as they retain their value and produce good returns WORDS: CANDICE BOTHA IMAGES: WAYNE WARREN, MIKE HOLMES, NOVOS GROUP & ISTOCK

S

emigration seems to be the trend driving investment in the coastal regions from Cape Town to the KwaZulu-Natal North Coast.

“According to the Pam Golding Properties Residential Review, there has been a notable rise in semigration from July 2011 to date, which continues to increase, with the Western Cape the destination of choice for 33% of people moving and agents reporting substantial interest from Gauteng buyers,” says Dr Andrew Golding, CEO, Pam Golding Properties Group. “Hot spots for investor buyers include the Atlantic Seaboard in the Western Cape, which probably tops the list, having generated significant capital growth

and rental income growth over the last few years and even recently set a new benchmark price of R200,000/m2.”

As Cape Town’s property prices soar, potential homebuyers have turned their attention to more affordable options along the entire Cape coastline, the Garden Route and KwaZuluNatal. Richard Gray, CEO, Harcourts South Africa, says that investors can pick up well-priced properties on the Garden Route and in the Eastern Cape. “In the holiday market, areas like Port Alfred, Jeffreys Bay and Cape St Francis offer excellent value. For investors in the non-holiday market, great properties are available in Port Elizabeth and East London. There is

also high rental demand in these areas, making them good for investors.”

The KwaZulu-Natal North Coast has seen exponential growth in 2017, with Umhlanga, Sibaya and Ballito being key development nodes. “The number of new developments taking place here is evidence of great confidence in the area, which is resulting in attracting more investors,” says Gray.

Neil de Beer, area manager, Pam Golding Properties Ballito, says, “There has been increased interest in areas where there has been off-plan development – with VAT-inclusive prices.” Several of these include new retirement developments.

Golding says, “Positively, we have also seen a sharp rise in vacant plot sales in many coastal towns, which may indicate that people want to secure a foothold in coastal markets for when they are ready to downsize or retire.”

According to the Pam Golding Properties Residential Review, there has been a notable rise in semigration from July 2011 to date, which continues to increase, with the Western Cape the destination of choice for 33% of people moving and agents reporting substantial interest from Gauteng buyers DR ANDREW GOLDING, CEO, PAM GOLDING PROPERTIES GROUP

Coastal real estate is a good investment because capital growth is expected and rental or holiday letting returns are always good. “While the markets have slowed, even in the Cape, the FNB Barometer shows that for the last five years, Western Cape prices have grown by 50,4%, basically twice as fast as any other region. KwaZulu-Natal prices rose by 29,9%, Eastern Cape by 26,8%, Gauteng by 22,6% and the other smaller regions by 20,3%,” says Samuel Seeff, chairman, Seeff Properties.

Golding says that even as the noncoastal metros slow, coastal property – defined by Lightstone as a home within 500m of the coastline – appears to be gathering momentum once again, in effect widening the coastal premium which in the third quarter of 2017 rose to +2,7%. “More than ever, the critical assessment is around position,” he says. “Sea-facing homes or apartments may come at a price, but usually retain their value.”

10 DECEMBER 2017

Neighbourhood

 

PROPERTY NEWS

For sale

Median asking prices

Atlantic Seaboard Here are the latest property figures for the area

R5,5m

R12m

For a typical property (two-bedroom apartment)

In a complex

R5,25m

R18,5m

For an apartment

For a house

Properties listed Properties listed for sale in Atlantic Seaboard comprise approximately 11% of the total sale listings in Cape Town.

11%

Interest Approximately 7% of the interest (views) in properties for sale in Cape Town is attributable to properties listed for sale in Atlantic Seaboard.

7%

Property types

apartm ent

hou se

69%

complex

3%

28%

For rent

Median monthly asking prices

R22,500

R35,000

For a typical rental property (two-bedroom apartment)

In a complex

R21,000

R25,000

For an apartment

For a house

Properties listed Properties listed for rent in Atlantic Seaboard comprise approximately 27% of the total rental listings in Cape Town.

27%

Interest Approximately 10% of the interest (views) in properties for rent in Cape Town is attributable to properties listed for rent in Atlantic Seaboard.

10% Buying in Atlantic Seaboard

Property types

The monthly bond repayment

apartm ent

to purchase a typical property in Atlantic Seaboard, namely a median asking price of R5,5m, is R53,990 per month over 20 years at prime of 10,25% with no deposit.

hou se

two-bedroom apartment with the

68% 30%

complex

2%

  7

% 70

LD O S

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Neighbourhood

stneighbourhood.co.za | 10 DECEMBER 2017

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