Neighbourhood PTA - 28 July 2019

Neighbourhood 28 JULY 2019

PROPERTY & LIFESTYLE

Laid-back living Scenic and sought-after, Hennopspark and Bronberrick are happy havens for its residents and their families, page 2

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SUBURB FOCUS: HENNOPSPARK & BRONBERRICK

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PROPERTY NEWS

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PROPERTY NEWS

28 JULY 2019

Neighbourhood

Suburb focus

Hennopspark & Bronberrick Living in a tranquil haven in Centurion WORDS: BETSIE LOOCK-VAN DER MERWE *Map not to scale

IMAGES: RENE WALKER & GOOGLE MAPS

H

ennopspark and Bronberrick are two scenic and soughtafter neighbouring suburbs lying in a belt just west of Centurion Central between the N14 highway and the R101/Old Johannesburg Road.

This leafy green area comprises a southern part and a northern part of Hennopspark which are linked in the middle by the small neighbourhood of Bronberrick.

Generally, the demographics and look and feel of Hennopspark and Bronberrick are similar and they’re often referred to as one area.

Besides this area’s lovely tranquillity and pleasant surroundings (the Hennops River forms its northern border), it also boasts a perfect, convenient locality close to main arteries, the Gautrain network, as well as several churches, schools, top hospitals, professional practises, businesses, police stations, postal services, a light industrial

area and heaps of small and large shopping complexes.

Both these suburbs are friendly community-oriented neighbourhoods.

Security issues are high on the agenda of community priorities, and residents can participate in various community initiatives and groups.

Property

Bronberrick and Hennopspark attract a diversity of residents ranging from young first-time buyers and small families to large and extended families.

Property statistics on stable owners in Hennopspark reflect an almost equal proportion of the 36 to 49 (34.5%) and 50 to 64 (35.4%) age groups.

No separate statistics for Bronberrick is available, but properties in the market in this neighbourhood are predominantly freestanding, large homes with big wooded gardens ranging in the middle-income price group between about R1,5m and R2,3m.

Being a larger neighbourhood, Hennopspark offers a large variety of apartment blocks, security townhouse complexes and freestanding properties. The average asking price for townhouses is indicated as R940,000, while freestanding homes average around R1,75m. However, there are many larger properties in the R2m to R3m price brackets.

Both these suburbs have boomedoff residential areas as well.

Hennopspark also boasts a quite recent light industrial and warehouse development and many of the units are in the market to buy or rent.

Schools

Hennopspark and its surrounding neighbourhoods are home to several well-established pre-primary, primary and high schools.

Laerskool Hennopspark and the neighbouring Springvale Primary School were both established in 1981. These two public schools have

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since grown remarkably and today provide quality education to over 3,000 (combined) primary school learners. Other public primary schools close by include Laerskool Wierdapark, Laerskool Bakenkop and Centurion Primary while there are excellent private schools in the area as well. These include, among others, Zwartkop Christian School (up to Grade 12), Elturion Independent Christian School, and Village Montessori Primary School.

Secondary phase learners can attend the firmly established Hoërskool Zwartkop, a public high school situated in the neighbourhood close to Laerskool Hennopspark. Neighbouring suburbs provide more options like Hoërskool Eldoraigne, Sutherland High School, Lyttelton Manor High, Hoërskool Centurion and the independent Abbotts College situated within easy access in Highveld.

Explore

Hennopspark and Bronberrick’s central location in Centurion leaves residents with an extensive range of recreational opportunities within close range. Although Hennopspark and Bronberrick comprise a relatively small geographical area, it has a lot of its own facilities as well.

Sporty residents can join Eagles Karate Club, participate in the Bronberrick Parkrun on Saturdays, and exercise indoors at Planet Fitness or Virgin Active fitness centres. These areas are also conveniently close to the renowned SuperSport park cricket stadium.

Nearby nature attractions include Rooihuiskraal Historical terrain where families can enjoy an outdoor picnic and discover the prolific birdlife at the adjacent Bishop Bird Park. Hennopspark is home to a modern pool/sports bar and night club called Stones, while the wellknown Centurion Theatre is only a short distance away in Lyttelton Manor. Movie-goers are catered to at Epic Cinemas in Mall@Reds and Ster-Kinekor at Centurion Mall.

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28 JULY 2019

Neighbourhood

PROPERTY NEWS

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We’re very happy in our neighbourhood.

Our kids can walk to their respective schools – Laerskool Hennopspark and Hoërskool Zwartkop.

We love our coresidents and are proud of our community.

GEOFFREY BUYS, HENNOPSPARK RESIDENT

EAT

You’ll pay

R8,203 per month

R952,000 In a complex

• • • • •

MEDICAL FACILITIES NEARBY

Centurion Eye Hospital Lyttelton Municipal Clinic Moulmed private hospital Netcare Unitas Hospital Vista (psychiatric) Clinic

For rent Median asking price

R850,000

For a typical property (two-bedroom complex)

• Centurion Lifestyle Centre: over 90 lifestyle shops to choose from • Centurion Mall: super-regional, comprehensive shopping mall • Eldoraigne Village Shopping Centre: easy stop for everyday shopping needs • Hennopsview Centre: convenient community shopping centre • Mall@Reds: lots of shops and restaurants

54%

R9,800

For a typical property (three-bedroom complex)

11%

R9,000 In a complex

APARTMENT

For a typical property in this area

Median asking price

APARTMENT

Monthly bond repayments

49% COMPLEX

For sale

SHOP

COMPLEX

• Mall@Reds: lots of shops and restaurants • Heavenly Coffees: highly recommended for its coffees and cake • Prue Leith Chef’s Academy & Restaurant: lovely fine-dining experience • Die Bosvelder Pub & Restaurant: Great South African cuisine • Hemmingway’s Restaurant and Wine Cellar: a culinary journey and a great collection of good wines • Taco Hut: family-friendly tex-mex diner and takeaway

18%

Based on

over a period of 20 years at 10% prime

R870,000

40%

For an apartment

R2,169m For a house

R5,700

For an apartment

R13,975 For a house

HOUSE

median asking price

HOUSE

R850,000

28%

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PROPERTY NEWS

28 JULY 2019

Neighbourhood

What the Flisp?

Flisp is a subsidy which assists qualifying households to purchase a residential property for the first time. Are you eligible?

WORDS: ANNE SCHAUFFER

IMAGES: SHUTTERSTOCK

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lisp stands for Finance Linked Individual Subsidy Programme, a subsidy designed to help South Africans put a foot on the first rung of the property ladder.

It falls under the umbrella of the Department of Human Settlements.

The subsidy for which you’re entitled can be used to reduce the initial mortgage loan amount. This makes the monthly loan repayment instalments more affordable over the loan repayment term, and makes good any shortfall between the qualifying loan amount and the total price of the property purchase.

The subsidy can also be used to pay for transfer and bond costs. Once your subsidy is approved, the funds will be paid to your transferring attorney’s trust account in readiness for the transfer of the property into your name.

Rhys Dyer, CEO of bond originators ooba, explains the ins and outs.

Q: Who qualifies?

A: To qualify for Flisp, you must be a South African citizen – or hold a permanent residence permit – a first-time homebuyer, must be married/co-habitting/single with a dependant, and must have a total gross household income of between R3,500 and R22,000.

Q: How much is the subsidy worth?

A: The subsidy alters according to your income, in other words, it’s granted on an income sliding scale. The subsidies range between R27,960 and R121,626.

Q: What can the money be used for?

A: This subsidy can be used as a deposit which will assist you to qualify for a home loan and aid

you in securing a better interest rate on your home loan, making your monthly instalment more affordable. Alternatively, the subsidy can also be used to pay for transfer and bond costs.

Q: How do I go about applying?

A: You must have an approved home loan before applying for the Flisp subsidy. The Flisp application form must be completed and submitted, together with all the supporting documents (listed on the application form), to the NHFC or to the relevant provincial department of human settlements’ offices.

Once the subsidy is approved, the funds will be paid over to the transferring attorney’s trust account on notice of readiness to lodge the transfer and bond documents.

Q: Are there any important factors to remember?

A: To qualify for this subsidy, you or your spouse/partner mustn’t have previously derived benefits from the housing subsidy scheme or any other state-funded or assisted housing subsidy scheme which conferred benefits of ownership, leasehold or deed of grant. You mustn’t have received a government housing subsidy before, nor owned a fixed residential property before.

Importantly, if your home loan application is declined by the bank, you will not be able to access Flisp. So, once you know your income falls into the eligible band, take the time to access ooba’s online affordability tool on ooba’s website (ooba.co.za). It’s easy to fill in, and you’ll know in minutes what size home loan you will be eligible for, if you are approved.

28 JULY 2019

Neighbourhood

PROPERTY NEWS

Semigration fuelling rental demand B

allito’s permanent population has more than doubled from 12,000 to 30,000 in just over a decade, creating a big rental demand in this coastal town.

provinces and need to commute to work weekly. Regular commuting is made possible by the King Shaka International Airport that’s around a 20-minute drive from Ballito.

Mark Johnson, Seeff’s licensee, North Coast, says even though the rental market here is buoyant, stock is a major issue – especially with regard to property in gated communities priced from R8,000 to R18,000 per month.

Investor buyers who purchase investment properties in the lower end of the market enjoy better return on investment than buyers who invest in the top end. “We’re a growing market and this makes it a fairly safe purchase for an investor.

There’s also good capital growth to be had when investors buy smart, regardless of the price bracket.”

Johnson continues that the North Coast has been earmarked for massive residential, commercial and resort development estimated at around R76bn that’ll bring even more people to the area.

He says families are semigrating to Ballito for the lifestyle, many of whom are still working in other

8 Molteno opens in Upper Claremont S

he recent repo rate reduction of 25bps (to 6.5%), coupled with early indicators of recovery in the South African residential property market, bodes well for the rest of the year and underscore the opportunity for homebuyers to capitalise on the current favourable market conditions before the market enters a decisive upturn.

The more budget-friendly bachelor and one-bedroom units are located on the first and second floors, with the upper two floors comprising the larger two- and three-bedroom units, each with a large balcony.

“The time to buy is now,” says Dr Andrew Golding, chief executive, Pam Golding Property group.

According to him, the reduced repo rate, albeit modest, serves to send a positive message to investors, buyers and those with existing mortgages.

Priced from R1,485m (inclusive of VAT and no transfer fees), the apartments feature open-plan living and dining areas with a variety of fittings and fixtures to choose from. The bathrooms feature the latest fixtures while the kitchens are fitted with top-quality appliances, granite tops and taps.

“It’s signalling that the time is ripe for early adopters to capitalise on the current opportunities presented to get into the market – particularly firsttime purchasers, as mortgage lending remains competitive in the current market, which still favours buyers.

All units are prewired for fibre and DStv connections and the complex is fitted with electric fencing, CCTV cameras, intercom and a guard house.

Most units include tandem parking for two cars and the roof level provides residents with amazing mountain views, a communal pool and braai area.

“Given the benign inflation rate environment and subdued economic growth, with a somewhat stronger rand and the likelihood of the US Federal Bank reducing interest rates

One for all B

osjes Kapel on the Bosjes Estate in the Breede River Valley has garnered major international recognition after winning this year’s Architizer A+ Popular Choice award within the Religious Buildings & Memorials category at the Architizer’s A+Awards – the largest initiative of its kind for architecture and building products.

Designed by South African-born Coetzee Steyn, the Bosjes Kapel has also been named one of this year’s five special honourees – awarded to key influencers and projects, chosen for their extraordinary contribution to the field of architecture.

Co-hosted by the Wall Street Journal, the Architizer A+Awards’s mission is to nurture the appreciation of meaningful design in the world

and champion its potential for a positive impact on everyday life.

Inspired by the scripture of the Bible’s Psalm 36:7, Bosjes Kapel has a serene sculptural form that emulates the silhouette of the surrounding Slanghoek and Waaihoek mountain ranges, paying tribute to the Cape Dutch gables found in the rural landscapes of the Western Cape.

Inside, the modest palette of materials creates a neutral background to the impressive framed views of the vineyards and mountain beyond.

Carlen Vorster of Bosjes notes the connection between the chapel’s intriguing physical structure and the space within. “The chapel’s totality speaks of tranquillity, peace and quiet.

The gardens, like the chapel, and the rest of the farm, welcome all.”

He concludes that like in many other areas in the country, tenants in Ballito are prepared to pay a premium to live in property within gated communities – sometimes up to between 25% and 40%.

Repro rate relief

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et in a quiet cul-de-sac, this recently launched 28-unit upmarket apartment complex is centrally situated to schools, transport, and shopping centres, and is in close proximity to Claremont Gardens and the Life Kingsbury Hospital.

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on the horizon, it was timeous for a cut in the interest rate. It’s anticipated that this will help create stimulus for the economy and property market, as well as a confidence boost for consumers in general.

“It’s encouraging to see that the national housing market already appears to be starting to see these promising signs, which bodes well for an uptick in activity now that the dust has settled on the election.”

Mike Greeff, CEO, Greeff Christie’s International Real Estate, agrees. “The repo rate cut will no doubt encourage ‘wait and see’ potential buyers to buy.

The drop will have an immediate easing effect on consumer budgets and will make more disposable income available as a cash injection into the economy.

“Prospective buyers will also be more likely to obtain funding from lending institutions as the government looks to jump-start the economy. This is not a bad strategy at all, as it sends a positive and proactive message to foreign investors and governments that South Africa is filled with potential and ripe with investment possibilities.”

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stneighbourhood.co.za | 28 JULY 2019

Neighbourhood

AGENTS MOVE TRANSACTIONS FORWARD

No home is a perfect fit – not for the seller, not for the buyer.

Registered estate agents know how to overcome objections on price, date of occupation, and all the nitty-gritty elements that make up a property transaction. Registered estate agents have the experience to move the transaction forward.

Another good reason why you should use an estate agent

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REAL ESTATE BUSINESS OWNERS OF SOUTH AFRICA

Neighbourhood

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stneighbourhood.co.za | 28 JULY 2019

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FAERIE GLEN

R1 400 000

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THE HILLS - GAME RESERVE ESTATE

R3 895 000

NEWLANDS SOLE MANDATE

R1 190 000

AFFORDABLE RETIREMENT - GROUND FLOOR!

3 BEDROOM TOWNHOUSE WITH VERANDA

SUPERB ARCHITECT DESIGNED PROPERTY

EXCELLENT LOCATION! EXCELLENT BUY!

Frailcare & meals available. 1 level, ground floor, corner unit with 2 bedrs & 2 bathrs. Open-plan kitchen, study, lounge/dining room area & deck patio overlooks the garden. 1 garage & 2 store rooms.

Lovely Faerie view unit! Boasting 3 bedrs & 2 bathrs with a veranda & a double carport parking right next to the unit. Close to all amenities. Complex offers a communal pool & entertainment area.

Beautiful house of 400m2 with 4 bedrs, 3 bathrs, study, playroom & large open-plan living & kitchen areas. Staff quarters, spacious stand. Top of the range finishes. Perfectly maintained & fairly new.

Sunny & bright apartment. This units offers 2 bedrs 1 bathr, openplan kitchen & lounge. Situated in the upmarket retirement village of Kingswood. 24 hr home care with 10 meals included in levy.

WEB REF: AP 13659 LOUISE PEARSON - 083 306 6875

NEWLANDS

R1 500 000

NOT TO BE MISSED! North-facing 2 bedr, 1 bathr apartment in an upmarket Retirement Village. Spacious living room, open-plan kitchen, enclosed balcony, 24 hr security & excellent facilities such as a gym, hair salon etc.

WEB REF: AP 13592 WERNER FERREIRA - 079 497 5022

WEB REF: AP 13210

MAGDA - 084 505 7840 & MARISA - 072 204 2822

NEWLANDS SOLE MANDATE

R2 050 000

NEWLANDS

FROM R725 000

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Kingswood Village upmarket Retirement Village in an established environment. Only 12 - 1 bedr & 2 bedr units. Kingswood has a fantastic reputation. 10 meals inclusive in the levies. Lots of extras!

2 bedr retirement unit in a modern complex in Olympus. 2 bathrs, beautiful kitchen with space for 3 appliances. Offers clinic, 24 hr security, Lunch meals available ,communal dining areas.

WEB REF: AP 12798 WEB REF: AP 13270 WEB REF: APD45 WEB REF: AP 12980 PETRO - 082 551 7990 & ANDRE - 082 930 7386 PETRO - 082 551 7990 & ANDRE - 082 930 7386 PETRO - 082 551 7990 & ANDRE - 082 930 7386 WERNER FERREIRA - 079 497 5022

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ELDORAIGNE SOLE MANDATE

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R2 750 000

BRAND NEW DEVELOPMENT!

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Top of the range 2 bedr, 2 bathr apartments! Development consists of 5 blocks, with 4 floors in each block & 2 apartments per floor.

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Offering lovely stained-glass windows in the dining room & kitchen.

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Set in a panhandle & has its own office & separate work station.

Lovely kitchen leads to dinning area & lounge. 3 bedrs & 2 bathrs complete this home. Easy access to roads!

Family home in 100% secure estate. 4 bedrs & 5th bedr/study, 2 full bathrs - MES. Open-plan kitchen, staff room, 2 reception rooms, covered patio with built-in braai, pool, jacuzzi & big garden!

WEB REF: AP 11857

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