Neighbourhood PTA - 30 August 2015

RSA

Neighbourhood 30 AUGUST 2015

PROPERTY & LIFESTYLE

What’s ON SHOW in Pretoria this weekend?

– Get the full list at yourneighbourhood.co.za

Atterbury’s

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5 Star GreenStar new head office

Nationally, the largest property marketplace in South Africa

Turn to page 17 for more

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GOURMET PIZZA

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NATIONAL SPOTLIGHT: WESTERN SEABOARD

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LIVE, WORK, PLAY

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INVESTOR SUBURBS

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NEWS & LIFESTYLE

Neighbourhood

30 AUGUST 2015

Editor’s Exclusive CLAIRE BARNARDO

Local blooms W

ith the cooler months coming to a close, nature sure knows how to shift gear quite quickly. Along the West Coast fynbos and flowers are blossoming in troves. I chatted to Ulrich Donaggi, organiser for the Hopefield Fynbos Show, about the facts of this natural delight. Don’t miss out on what is right on our doorstep.

Pizzas with a twist Gourmet pizzas – handcrafted, many flavoured, healthy, custom designed and half-and-half – have Pretoria hooked WORDS: LISA DEWBERRY

IMAGES: ISTOCK

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one are the days when restaurants provided only 10 to 15 set pizza toppings for patrons to choose from. More interesting ingredients are now being put to pizzas across the capital.

Piza-e-Vino Waterkloof

Fynbos is still rather an undervalued South African natural feature ULRICH DONAGGI

With a winning formula for making Italian food that is healthy and creative, Piza-e-Vino Waterkloof crafts handmade gourmet pizzas with special care. The team at this pizzeria takes a modern approach to traditional pizza, adding unique ingredients and continuously striving to make a perfect pizza every time. Enjoy the Melrose Arch pizza: grilled

8 THINGS YOU NEED TO KNOW: Hopefield is just over an hour’s drive from Cape Town CBD It’s the 26th annual fynbos show Started by a group of passionate farmers Fynbos is a protected vegetation Two thirds of fynbos is found in the Western Cape

chicken, avocado (seasonal availability), feta, honey, cherry tomatoes and coriander. The Porky the Pig, with salami, pepperoni, bacon, caramelised onion and feta, finished with basil, is another customer favourite. A pizzaiolo straight from Italy trains the pizzamakers annually, and they import the finest ingredients from that country.

Col’Cacchio Pizzeria Parkview

Col’Cacchio Parkview Centre opened six years ago and the team at this upmarket restaurant still has that passion for authentic Italian food. There are 46 types of pizza available. Try the La Zizou with its toppings of lamb stew, balsamic cherry

tomatoes, basil, spring onion, garlic and basil pesto mayonnaise. Another hit among diners is the Nacho Libre, with jerk spiced chicken, guacamole, tomato chilli salsa, coriander and sour cream.

This restaurant stays ahead of the trends with its annual Celebrity Chef Series in which renowned chefs add unique pizzas to the menu. Enjoy your pizza on a weekend afternoon on the outdoor deck overlooking Kimiad Golf Course.

Toni’s Menlo Park

With its casual, family-friendly atmosphere, Toni’s Fully Furnished Pizza Co Menlo Park is a great mealtime destination. The outdoor seating areas and children’s play spots ensure children are entertained while parents keep a close watch over them. Tuck into the Pizza Pesto with tomato base, mozzarella, Peppadew pesto, basil pesto, goat’s milk cheese, walnuts, prosciutto and avocado (when in season). The Coscia D’Angnello, with roast lamb, yoghurt, feta, olives, mozzarella and coriander, is also a winner.

Celebrate a birthday, function or engagement party with pizzas made of a fusion of flavours that perfectly complement one another.

Over 600 different species of fynbos are in Hopefield Hopefield is one of the most biodiverse areas on the planet

TASTE FOR YOURSELF:

The exhibition is used for research purposes

Piza-e-Vino 012 346 5119 pizaevino.co.za Col’Cacchio Parkview 012 992 6050 colcacchio.co.za

SEE FOR YOURSELF:

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turn to page for more on the wildflower shows

PUBLISHED BY THE CREATIVE GROUP 9 6th Street, Parkhurst, 2193 011 476 6293, thecreativegroup.info

Toni’s Menlo Park 012 346 5370 tonipizza.co.za

THE CREATIVE GROUP CEO: Shaun Minnie shaun.minnie@thecreativegroup.info EDITORIAL TEAM Group Editor: Claire Barnardo claire.barnardo@thecreativegroup.info Creative Director: Mark Peddle

Editorial Consultant: Bridget McNulty Chief Copy Editor: Yaron Blecher Copy Editor: Charis Le Riche Art Director: Leah de Jager Designer: Megan Cooper 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 dylan.rothschild@thecreativegroup.info Production (Editorial & Property Advertising): Lucea Goosen lucea@yourneighbourhood.co.za

Neighbourhood

30 AUGUST 2015

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NEWS & LIFESTYLE

Energise yourself

Boost your energy levels the natural way with a healthy drink that will keep you going throughout the day WORDS: LISA DEWBERRRY

IMAGES: SUPPLIED

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ith the fast-paced and stressful lives most of us lead there’s hardly enough time to eat and drink correctly. But it remains important to ensure that our bodies receive the vital nutrients we need each day. What better way to do this than to regularly enjoy a healthy, great-tasting drink from one of this city’s top health cafés?

It will lift energy levels to revitalise you and is the perfect kickstart to the day La Coco C Silverlakes

Trendy La Coco C Silverlakes offers nutritious cold-pressed juices. You’ll feel as if you’ve entered a stylish European health bar. The ingredients of their 11 juices – kale, charcoal, ginger – will keep you intrigued. Jeanine Knipe brought the concept to Pretoria in July after tasting New York’s finest cold-pressed juices while living there on and off since 2009. Taste the well-balanced Green 01: Super juice, packed with the goodness of kale, spinach, parsley, celery, romaine, lettuce, cucumber, apple, lemon and ginger. The method involves pressing fruits or vegetables hydraulically at static temperatures. The slow crush prevents oxidation, which helps the juice last longer, without wasting the pulp or losing important nutrients. The team at this café encourages patrons to invest in their health every day.

Natural Life Café, Brooklyn

Located inside Brooklyn Mall for the past six years, Natural Life Café is both a health store and a deli, where you can enjoy refreshing and nutritious food and drinks. Enjoy their Moringa Madness smoothie – one of their Super Power Food Smoothies – containing the moringa plant, with more than 90 nutrients and 46 antioxidants.

This chilled beverage is a powerhouse of nutrition that is light, refreshing and tangy. It will lift energy levels to revitalise you and is the perfect kickstart to the day. Moringa boosts energy levels in a natural way, is long lasting and has anti-inflammatory, antiseptic and anti-ageing properties. On your way out of the deli, let staff help you choose from their natural medicines, herbal remedies and vitamin and mineral supplements. The team takes a holistic approach and is focused on the wellbeing of each customer. “Everything in moderation” is their credo.

SEE FOR YOURSELF: La Coco C Silverlakes 012 809 1603 foodpurveyors.co.za Natural Life Café, Brooklyn 012 460 9159 naturallife@mweb.co.za

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NEWS & LIFESTYLE

Neighbourhood

30 AUGUST 2015

A market with heart

The Rosebank Sunday Market has undergone a dramatic transformation and has an interesting story to tell WORDS: BELINDA MOUNTAIN

IMAGES: SUPPLIED

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n the past, you may have dismissed the Rosebank market as being purely for tourists. However, having closed in March 2013 and reopened eight months later, it has undergone a dramatic transformation that has an interesting story behind it.

Dana Druion, one of the market organisers, says that with its untimely closure, many of the traders at the original market lost their income overnight and were unable to pay school fees, afford their homes or pay off their cars. “The primary drive behind the reopening of the market was to offer a forum for traders to once again have an income. Many heartwarming stories have emerged from this devastating tale,” says Dana.

She tells me about Roland, who arrived at the market with only a few carved wooden birds and barely enough money to pay for a table. The market helped fund his stand for the first few weeks and he has since built up a loyal following.

Recently, his table was left empty by an American gallery that bought every piece.

Then there is Sandra, a potter who wasn’t able to attend the market herself

at first because she had no transport money to get there (her friends would sell stock on her behalf ). Recently, she sold every single item at her table to a gallery in Mayfair, London.

It’s not all crafts at the 250-plus stalls, though. You can also pick up delicious red velvet cupcakes or organic fresh beetroot and carrots for dinner. Or treat yourself by choosing from a range of distressed picture frames or unique artworks before sitting down to a fresh juice or dim sum at one of the many food stalls.

“Exciting future plans include a Christmas in October pop-up market on 18 October and a Bubbly Festival on 15 November,” says Dana. There are also plans for Rhythm Sundays, where you can enjoy craft beer at the pop-up bar, soak up the sounds of live bands and enjoy the view of the Jozi skyline.

The Rosebank Sunday Market is open every Sunday, from 9am to 4pm, on Level 4 parking, Rosebank Mall. It is truly South African, with traders and wares as diverse as our beautiful country.

Take the family, take a tourist or take yourself. This is a market with heart.

The primary drive behind the reopening of the market was to offer a forum for traders to once again have an income. Many heart-warming stories have emerged

DA NA D RU I O N, O RGA NI S ER : ROS EBA NK S U NDAY M A RK ET

SEE FOR YOURSELF: Rosebank Sunday Market 011 028 7818 rosebanksundaymarket.co.za

Neighbourhood

30 AUGUST 2015

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If you’re getting tired of the usual and your film palate is craving the strange, listen up. Join some of Pretoria’s best creatives and independent filmmakers for an evening screening of two carefully selected B-movies at the Old Government Museum building in the National Zoological Gardens of South Africa. Nighttime movies at the Zoo sounds like the concept of a B-movie in itself. iMPAC Film Festival is hosting this thrilling screening on 4 and 5 September to raise funds for their film festival later that month.

The first screening will start at 7pm and the second at 8.45pm.

LOWDOWN

WORDS: RITA HELLO

IMAGES: SUPPLIED

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Nomadic iMPAC #2

Head out LOCAL to these

cool events

NEWS & LIFESTYLE

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Rita-Mari Ludike is a freelance art director, photographer and the blogger behind Rita Hello: ritahello.com

Market on Milner

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Young Collectors @ Fried Contemporary

An exciting exhibition curated by Shenaz Mohamed is opening on 5 September in the Collectors Room at Fried Contemporary.

If you need some inspiration or just feel like browsing, be sure to pop in before the exhibition concludes on 5 October. This is a great exhibition to go to if you want to start your own art collection.

Have you always longed to drink sangria on the street and dance until the sun starts settling down for the night?

Well, you’re in luck. Market on Milner is closing down the street at 10am on 5 September. You can expect to be entertained by wonderful live music, stuff your face with delectable food, sip icy cold beers and have an overall great time with friends. When your feet grow tired of dancing, you can find a seat inside the ever-wonderful atmospheric Meet on Milner.

EXPERIENCE IT FOR YOURSELF: Nomadic iMPAC #2 on.fb.me/1PzLJSx Young Collectors @ Fried Contemporary 012 346 0158 friedcontemporary.com Market on Milner 083 627 8172 on.fb.me/1hHogEJ

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Grafton Everest is proud to announce the first ever Lounge Quickship programme, to bring buying convenience never before seen in the South African market place!

Go to Danie Du Toit Furnishers ,and see a variety of the finest quality Lounge suites, in a variety of different leather and fabric options. There are many colours to choose from, from the designated designs and waiting weeks for your special order is now a thing of the past! Anything selected from the Grafton Everest Quickship, is guaranteed to be a same week delivery. Buying a Lounge suite of superb quality and comfort with added convenience, now has a name. It’s called the Grafton Everest Quickship!

Rush to Danie Du Toit Furnishers to see the full range, and experience the enigma of getting choice with immediate availability!

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When it comes to beds , everyone has their own preference. Some like it hard , some like it soft and some like it in-between. Sealy make a wide range of beds with different spring systems to offer different comfort and support levels to suite every individual. To Help narrow the choice down , Danie Du Toit Furnishers have a individualized range with excellent quality that is hand built into every part of Sealy sleep systems to extend the life of your bed and to provide years of Healthy sleep. we spend a third of our life sleeping , so take your time when choosing your new Posturepedic sleep set. Visit Danie Du Toit Furnishers today for the best advice and to comfort test their range.

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Website: www.daniedutoit.co.za

Neighbourhood

30 AUGUST 2015

Colour futures WORDS: CHRIS REID

IMAGE: PLASCON

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racking consumer colour trends is a big and sometimes complex business. One has to keep an eye on the world of fashion, design, media and art, and work out what’s going to make the leap to become the next big paint colour in people’s homes.

This is often linked to key events, such as the crossover between sportswear and home colours to coincide with the Rio Olympics. But it can also be as bizarre as Pantone’s newly released Minion yellow, a tie-in with the eponymous movie.

In South Africa, Plascon is a leading source of colour trend information. According to Anne Roselt, colour manager: Plascon, this year’s Colour Forecast “is all about looking to the future with optimism” and captures the spirit of experimentation and playfulness that’s happening in the world.

NEWS & LIFESTYLE

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Two of the themes, Heirloom and Connect, are inspired by art, but from very different periods. The former is a homage to old master colours and techniques, and the latter is characterised by the flat brights and playfulness of the Memphis design movement.

Element, on the other hand, is the grounding theme in the palette and looks to minerals and rocks for colour inspiration. The colours in Discovery are inspired by the stars and lights in the night sky.

What seems to bring these quite different trend stories together is a desire to ground and locate the self, whether it’s finding a place in history or defining a space in the world. When we live in uncertainty, we look to the familiar for comfort, and colour can do that as much as any other component of design.

This year’s colour forecast is all about looking to the future with optimism ANNE ROSELT, COLOUR MANAGER: PLASCON

SEE FOR YOURSELF: Plascon plascon.co.za

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SPOTLIGHT

30 AUGUST 2015

Neighbourhood

RSA

NATIONAL SPOTLIGHT Shining a light on SA’s featured neighbourhood

Spotlight on Western Seaboard Long beaches, great surf, an array of water sports and a picture-postcard view of Table Mountain create an ideal backdrop to a relaxed family lifestyle WORDS: KIT HEATHCOCK

IMAGES: ANTON SCHOLTZ, ISTOCK & GOOGLE

Neighbourhood

30 AUGUST 2015

On just about any windy afternoon along the beachfront from Dolphin Beach to Bloubergstrand, the sky is filled with swooping bird-like flocks of colour as the kitesurfers take to the waves. The whole length of the Western Seaboard is known for its fantastic surf, so it’s no surprise that water-sports enthusiasts and adrenaline junkies are drawn to live here. But that’s not the whole story of Cape Town’s West Coast suburbs.

These suburbs stretch from Milnerton through Table View to Bloubergstrand and Big Bay. It’s a place where families settle, where there are plenty of schools and facilities within easy reach, and where the beach and ocean are a recreation ground for everybody.

“Table View has quite a holiday feel, being so close to the sea,” says Tarryn Badenhorst, who has lived here for 20 years. “It’s away from the city, but there’s the convenience of shops close by and the beach down the road. There’s a really relaxed vibe.”

of Atlantic Surf Co. “I can walk from home to my shop and then be out surfing or kitesurfing in no time. It’s a good lifestyle.”

For fans of flat-water action, another playground awaits. Rietvlei is the place to go for windsurfing, canoeing and even water-skiing at the Milnerton Aquatic Club. The Table View Nature Reserve, including the Rietvlei wetlands and lagoon, is a haven for wildlife, with flamingos, pelicans and many other waterbirds, and there are paths and boardwalks around the edge for nature lovers and bird-watchers.

Table View has quite a holiday feel, being so close to the sea. It’s away from the city, but there’s the convenience of shops close by and the beach down the road. There’s a really relaxed vibe TARRYN BADENHORST, RESIDENT

The long strands from Sunset Beach up to Blouberg are all about action rather than leisurely sunbathing or bucket-and-spade play. When the wind blows they are exposed to its full force, which is what makes the area so great for adrenaline sports.

But the more sheltered Kleinbaai at Bloubergstrand is where families take small children for safe beach time, where the rocky outcrops are perfect for rock-pool adventures.

“It’s a very outdoor lifestyle, close to the ocean, close to work, with beautiful views,” says Anton Fourie

Milnerton is the oldest of the suburbs and the closest to Cape Town’s CBD. It attracts families who love the proximity to the beach and the spacious, open feel, and who find it more affordable than the Southern Suburbs. However, there are plenty of areas – such as the prestigious Sunset Links Golf Estate on the Milnerton golf course – that can rival anywhere in Cape Town in terms of exclusivity and price. Its long-established public schools, Milnerton Primary, Seamount Primary and Milnerton High School, have an excellent reputation and are another draw card as well as being a focus of the community for many.

“The schools are close by, so many kids walk to school,” says Lara Kawalsky, who has lived in Milnerton for 20 years.

“You see the same parents walking their kids and dogs to school every day, so it is very social and people get to know one another that way.”

SPOTLIGHT

A feature of Table View is the large number of churches encompassing all denominations and faiths, with very active youth groups and community programmes. Here there’s also a wide choice of schools, from the public schools, Table View and Blouberg Ridge primary schools and Table View High, to the smart new private schools in the adjacent suburbs: Elkanah House, CBC St Johns and Parklands College.

The vibe throughout the area is downto-earth and this is reflected in the cafés and restaurants. If you’d prefer fine-dining establishments, rather head to town or to the Winelands, but if you want sundowners with a fabulous view of Table Mountain, a casual family café, a lively post-surf eatery or the perfect brunch spot, there’s plenty of choice.

Shopping is easy, too. Bayside in Table View is the largest mall, with all the major stores and a cinema, while Paddocks (part of the redevelopment of the old racecourse) serves Milnerton. There are several smaller neighbourhood centres too.

The large commercial and lightindustrial districts of Montague Gardens and Paarden Eiland are within easy reach, as is Canal Walk, and all are connected by the MyCiTi bus network, which branches out in all directions from its hub in Table View.

If everyday beach time, ocean spray, open horizons, spectacular sunsets and that iconic view of Table Mountain are what inspire you, then the Western Seaboard definitely has what it takes.

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SPOTLIGHT

Neighbourhood

30 AUGUST 2015

EAT LIKE A LOCAL Maestros on the Beach, for fabulous sunset views and good food Wang Thai, for the best Thai in town Petits Fours, for great breakfasts, cakes and lunches with a view The Italian Club, for authentic Italian food and atmosphere Melissa’s, for chic breakfasts and lunches Catch 22, for seafood, a lively vibe and great views News Café, for all-day breakfasts

The whole length of the Western Seaboard is known for its fantastic surf, so it’s no surprise that water-sports enthusiasts and adrenaline junkies are drawn to live here

MORE THINGS TO DO Browse the Milnerton Flea Market for collectibles and bargains Join a full-moon beach walk or run Go motor racing at Killarney Gardens Watch ships going in and out of Cape Town harbour from the beach Take in a theatrical production at the Milnerton Playhouse Play golf at the scenic Milnerton Golf Club

Neighbourhood

Demand

30 AUGUST 2015

SPOTLIGHT

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Properties for sale in Milnerton, Table View and Blouberg comprise 10% of total sales listings in the Cape Town region. They receive:

of the interest

9%

8%

of the total rental listings

If everyday beach time, ocean spray, open horizons, spectacular sunsets and that iconic view of Table Mountain are what inspire you, then the Western Seaboard has what it takes

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SPOTLIGHT

Neighbourhood

30 AUGUST 2015

Property prices on the Western Seaboard

R1,825m

6% of properties for sale are in a complex, at an average asking price of

R1,86m

R1,57m

Average monthly rental for a three-bedroom house:

Milnerton is the oldest of the suburbs and the closest to Cape Town’s CBD. It attracts families who love the proximity to the beach and the spacious, open feel, and who find it more affordable than the Southern Suburbs

is the average asking price of a typical three-bedroom house for sale in Milnerton, Table View or Blouberg

R17,500

is the average asking price of 30% of properties, many of which are flats

Neighbourhood

30 AUGUST 2015

SPOTLIGHT

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These suburbs stretch from Milnerton through Table View to Bloubergstrand and Big Bay. It’s a place where families settle, where there are plenty of schools and facilities within easy reach, and where the beach and ocean are a recreation ground for everybody

WATCH THIS NEIGHBOURHOOD COME TO LIFE AT

www.privateproperty.co.za/blouberg

1108 NEW PROPERTIES every day.

*Average over the last 3 months.

Property on the move.

A home for everyone www.privateproperty.co.za

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PROPERTY NEWS

Neighbourhood

30 AUGUST 2015

Work/live/play

’hoods here to stay Security and convenience are among the reasons cited for the growing popularity of mixed-use developments WORDS: LISA DEWBERRY

IMAGE: ISTOCK

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he number of live/work/play precincts being developed across South Africa has grown in the past decade. Examples include Menlyn Maine in Pretoria and Steyn City in Johannesburg. And there are some property professionals who say these are the developments of the future.

Jonathan Davies, manager: Pam Golding Properties Hyde Park, says that in Gauteng there’s been a strong push towards mixed-use private cities, especially in the past five years. The reason for this, he says, is the increasing urbanisation of city centres, rising traffic volumes, the erratic provision of public utilities and a desire among South Africans in the middle to higher income brackets to live in secure and convenient environments. “These urban challenges are likely to become more pronounced over time. Residents are looking to reduce travel time and costs, and seek greater convenience within a secure environment. They acquire property in these communities because schooling, work, shopping, entertainment and leisure activities are all within close proximity,” says Davies. There is also an increasing focus on sustainability and self-sufficiency within these neighbourhoods, he adds.

Ewald Kellerman, spokesperson: Absa Home Loans, says that millennials and empty nesters in particular are moving to such neighbourhoods because they find everything they need within walking or cycling distance. Meanwhile, their parents, who are approaching retirement, choose to downscale because their large homes cost too much

to maintain and their family vehicle starts costing too much to drive.

“Many are seeking homes that better suit their lifestyle, require little maintenance, are close to amenities and allow for a sense of community and “lock up and go” freedom. Costs of accommodation can be significantly diminished by reductions in travelling and sharing of communal expenses,” says Kellerman.

Wiehan Strydom, spokesperson: Atterbury Properties, says all-inclusive neighbourhoods are being developed mainly due to the idea that time shouldn’t be wasted in traffic and because businesses are supporting flexitime, where employees work from home or satellite offices. He says they offer efficiency of time, safety and work-play-live balance, and are a safe investment. This type of development will continue as long as traffic issues are not resolved and until crime in conventional neighbourhoods improves, he adds.

They acquire property in these communities because schooling, work, shopping, entertainment and leisure activities are all within close proximity JONATHAN DAVIES, MANAGER: PAM GOLDING PROPERTIES HYDE PARK

Neighbourhood

30 AUGUST 2015

Analyse it

PROPERTY NEWS

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RSA

NATIONAL NEWS STORY

PATRICK CAIRNS

Opening the door to different neighbourhoods in SA

Own a piece New to the Neighbourhood: of the V&A Big Bay, Western Seaboard Waterfront

There’s nothing more exciting than moving into a new neighbourhood. Here’s what Dr Bozena Dudka loves about her new home on the Western Seaboard WORDS: ANDREA KIRK

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or as long as the concept of private ownership has existed, property has been a desirable investment. Not only is it a tangible asset, but land is also a limited resource. A plot in a desirable area is not something that can be duplicated or commoditised, and so, over time, it is a very good store of value.

Bricks-and-mortar buildings also give investors a sense of security. Being able to see and touch your investments is appealing to many people.

However, property does tend to be exclusive. Very few of us can afford to own a prime stand in Bishopscourt, for instance, or a popular office block. It can also be expensive and onerous to hold and to manage, as one has to cover rates, taxes and maintenance, as well as deal with the administration of tenants.

Property is also not a liquid or easily divisible asset. Buying and selling it is a process that can potentially take months, and it’s difficult to sell only part of a building.

Over the past couple of decades, however, investors have come to realise that there is a way to access all the best things about property while minimising the negatives. Listed property funds on the JSE have allowed anyone to buy into portfolios of high value assets without having to worry about their day-to-day running. One is also able to buy and sell stakes in these counters at any time because they are traded on the exchange.

Growthpoint, which is the largest listed property counter on the JSE, is in many ways a standard bearer for the sector. It owns retail properties like Constantia Village and the Brooklyn Mall, a host of top-tier office sites like 100 Grayston Drive and 12 Alice Lane, and 50% of the V&A Waterfront. By buying its shares you are effectively taking ownership of a piece – albeit a tiny one – of each of those properties.

In 2005 listed property made up 1,7% of the JSE Shareholder’s Weighted Index (SWIX). In just 10 years that ratio has more than tripled to 6,2%

Over the past 15 years, listed property has proved to be an outstanding investment. Between 2000 and the end of 2014 it outperformed every other local asset class and delivered annualised returns of 21,5%, which was comfortably better than the 17,6% from equities, 8,5% from bonds and 7,4% investors earned from cash.

Investors shouldn’t expect these returns to be repeated, but the rental returns that the property companies earn on top of the capital appreciation of their assets are a solid way to secure inflation-beating returns over the long term. And that should really be the primary aim of any investment.

IMAGES: SUPPLIED

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ll her life, Bozena Dudka, a Polish retiree, dreamt of living by the sea. Upon retiring from working as a doctor in Zimbabwe, she moved to Cape Town and fell in love with its beautiful beaches. She has recently purchased a four-bedroom home in Sandown Estates, Big Bay.

sold already. I experienced many disappointments because of this.

I also wish I’d known how limited the property stock is in this area, especially in secure estates.

Q: How did you find your property?

A: I trawled Private Property for hundreds of hours and saw more than 45 houses in the past year. Eventually, I settled on a home in Sandown Estates. I can’t say it’s my absolute dream home, but I love the area and it was a great buy, given my budget.

Q: What do you love about the house?

A: My dream home was modern, with perfect finishes and sweeping sea views. I soon realised I could have one or the other – modern with no views or a fixer-upper on the seafront.

In the end, I settled for a lovely modern home found through Jawitz Properties. It doesn’t have views, but it’s within walking distance of the beach so I get to see the sea every day.

Q: What do you wish you’d known before you started looking?

A: That many of the properties one sees online have actually been

Q: What’s your favourite thing about the area?

A: The pace of life is relaxed. I walk on the beach every day and soak

up the sea air and sunshine. The views of the sea and Table Mountain are spectacular, and the light and atmosphere change from day to day, and hour to hour. I enjoy seeing lots of young people out and about, being active and enjoying life.

Q: What’s your favourite local restaurant or coffee spot?

A: Blowfish Restaurant at the Dolphin Beach Hotel. It has great views, great service and great seafood.

FIND OUT MORE ABOUT YOUR NEIGHBOURHOOD Visit Private Property at privateproperty.co.za.

I enjoy seeing lots of young people out and about, being active and enjoying life

16

NEWS & LIFESTYLE

Neighbourhood

30 AUGUST 2015

Sunnyside and Arcadia investment ready

Boasting price growth of between 190% and 300%, Sunnyside and Arcadia are witnessing unprecedented growth

WORDS: DAVID A STEYNBERG

IMAGES: ISTOCK

T

he two Pretoria suburbs of Sunnyside and Arcadia have, over the past 10 years, witnessed a revival in terms of their property values. As demand continues to rise on the back of a strong rental pool and city authorities attempt to attract investment by launching incentives programmes for developers, these two outlying CBD suburbs are hot property for investors.

ARCADIA

Arcadia and Sunnyside sectional title markets each averaged a selling price of R103,000 in 2004, while this year the average was R369,000 – an increase of 258%.

On the full title front, Arcadia’s average selling price of R877,000 in 2004 has seen a rise of 300% to R3,592,000 today. Likewise with Sunnyside, where full title properties increased by 190% during the same period, from R484,000 to R1,404,000.

“These suburbs were particularly popular between 2004 and 2007, when they were seen as an investment,” says Gerhard van der Linde, MD: Seeff Pretoria East, noting that the introduction of the National Credit Act slowed down buyers’ ability to purchase more investment properties.

“Owners weren’t able to purchase

SUNNYSIDE

second and third investment properties as easily as before. Many units came back onto the market, but the investors still had satisfactory returns on their investments at the time of selling their properties. There continued to be growth in this market.”

According to Lightstone the average valuations in both Sunnyside and Arcadia are higher than the average selling prices being achieved, which suggests the market still has some way to go before valuations match buyer appetite.

“Property price growth over the past 10 years has been similar to that seen elsewhere in the country. Between 2002 and 2006 growth was great, but from 2007 up until now things have been very gradual and slow,’ says Dale Purdon, director: Imagine Properties.

“We believe this is improving right now and that steady growth will continue for a while. The one down side of the mini recession from 2007 onwards is that the market is fairly flooded with over-priced stock as owners are trying to settle very high bonds, which the banks were once willing to lend them when times were good (pre 2007). There is, however, a steady and current growth of at least 5% to 10% in certain areas and blocks.”

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A TALE OF TWO SUBURBS Sunnyside – sectional title ranking of 2033 out of 2,290 Average valuation: R412,409 2015 average sales price: R369,000 Sunnyside – freehold market ranking of 605 out of 5,765 Average valuation: R2,281,064 2015 average sales price: R1 ,404,000

Arcadia – sectional title ranking of 1933 out of 2,290 Average valuation: R452,670 2015 average sales price: R369,000 Arcadia – freehold market ranking of 236 out of 5,765 Average valuation: R3,509,849 2015 average sales price: R3,592,000

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Neighbourhood

30 AUGUST 2015

NEWS & LIFESTYLE

17

Atterbury head office aesthetics improve property value Design aesthetics in keeping with green building guidelines provide a luxury yet homely feel in five-star head office WORDS: LEANDI CAMERON

IMAGES: SUPPLIED

T

he Atterbury Group’s new head office features striking high-end design and aesthetics, and was conceived with sustainable building in mind.

Located in the group’s Lynnwood Bridge development, in the R310m Bloukrans building, the project has achieved a five-star GreenStar rating from the GBCSA (Green Building Council of Southern Africa) – a first for Tshwane.

The large boardroom tables were designed

by Pierre Cronje, and were aimed at providing a corporate, high-end look that’s still homely

“The interior provides a nice new environment for people to work in, with high-end products that will enhance the value of the property, especially with the entire building being “green”,” says Marie-Louis Bezuidenhout, interior designer: Wytske van Wyk. The design objectives for the new Atterbury head office were to reflect the company’s commercial and retail development position. The office location on the fourth and fifth floors offers panoramic views over Pretoria East, the park that Atterbury re-landscaped, and the Alkantrant library, which the

company rebuilt for the city. The new office also has more boardroom space, and it’s the first time that the company is based in a high-rise building.

Bezuidenhout and her partner worked with Atterbury CEO, Louis van der Watt, in determining the look and feel. The interior has an organic and earthy feel, with the company’s colour scheme of blue and grey used in its design. Heavy roughhewn wood was applied throughout the layout. The large boardroom tables were designed by Pierre Cronje, and were aimed at providing a corporate, high-end look that’s still homely.

‘We worked mostly with recycled wood throughout the building, and all the carpets have a Green rating.

This helps to create a better indoor environment with improved quality,’ says Bezuidenhout. Artistic, wall-panel-sized photographs of Atterbury developments further serve as decoration.

The office was designed to provide each division with its own space.

There is also a canteen on the top floor

that opens onto an entertainment area overlooking the park.

Lynnwood Bridge is a mixed-use development situated just off the N1 highway from the Lynnwood Road off-ramp. The development also received a four-star GreenStar SA rating for its Kaaimans building.

The journey of building the threephase development started in 2010, with the A-grade first-phase Lynnwood Bridge, which includes a retail component, a hotel and office buildings. The 73,000m² mixed-use development was led by Atterbury, with Studio 3 Architects International and Aurecon responsible for the design and the majority of the engineering disciplines respectively.

“Lynnwood Bridge was developed in phases to meet market demand,’ says James Ehlers, MD: Atterbury Property Developments. ‘Phase three (Bloukrans) provides prospective tenants a final opportunity to be part of this prestigious precinct.”

CONTACT Marie-Louis Bezuidenhout, interior designer: Wytske van Wyk 082 970 8261

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Neighbourhood

30 AUGUST 2015

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Neighbourhood

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30 AUGUST 2015

MARKETPLACE

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Neighbourhood

MARKETPLACE

Area Guide

Agency Guide

A:

M:

Amandasig

30

Meadow Ridge Estate

34

Amberfield Crest Estate

26

Menlo Park

28, 37, 38

Arcadia

35

Midfield Estate

26, 34

Midlands Estate

29

B:

Midstream

29

Blue Valley Golf Estate

26

Midstream Hill

34

Boardwalk Meader

28, 38 36

Mnandi AH Monavoni

30

Boschkop Brooklyn

38

Mooikloof

30

Brummeria

28

Mooikloof Gardens

28

Mooikloof Ridge

37

Moreleta Park

28, 30, 34, 37, 38

Murrayfield

28

C:

38

Celtisdale

26

Centurion

38

Centurion Golf Estate

26

O:

Clearwater Estate

36

Olive Crescent Aftree oord

Clubview

26, 35

Constantia Park

38

R:

Cornwall Hill Estate

26, 34

Country View Estate

28

Rooihuiskraal Rooihuiskraal North

26

Silverlakes Golf Estate

35

Silverwoods

37

Southdowns

34

D: Doringkloof

26

29, 30 29, 35, 39

S:

E: Eco Park Estate

26

Southdowns Estate

34

Elarduspark

36

Stoneridge Estate

29, 39

Eldo Glen

38

Summerfield Estate

29

Eldoraigne

30

Equestria

36

T:

Erasmuskloof

35, 36

Thatchfield

35

Thatchfield Glen Estate

29

The Meadows

37

F: Faerie Glen

30, 36, 38

The Reeds

29, 30

Florauna

30

The Wilds

35

V:

G: Garsfontein

28, 35, 36

Valhalla

34

Villieria

30

H: Hennopspark

26

W:

Highveld

34

Waterkloof

27, 39

Waterkloof Glen

37

Waterkloof Heights

27

Waterkloof Ridge

27, 37, 39

Wierdapark

29

Willow Acres Estate

39

Woodhill Estate

27

Woodlands Estate

27

I: Irene

34

I: Knoppieslaagte

26

L: La Montagne

35, 36

Z:

Laezonia

26

Zwartkops Golf Estate

Lynnwood

28

Lynnwood Glen

36

Lynnwood Ridge

36

39

Adrienne Hersch Properties Aida Ditholo Wildlife Estate Eastlands Mature Lifestyle Estate Leapfrog Nazprop Property Management Nedbank Pam Golding Properties Sable Homes Seeff Properties Sotheby's International Realty

30 36 - 37 23 22 34 - 35 31 19, 24 32 - 33 20 - 21 26 - 29 38 - 39

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