Newlands, Cape Town R6.9 millionEnjoy views of the city lights, distant bay and surrounding mountainsfrom this delightful 4 bedroom home. Double volume open planliving, study, patio with built in braai and pool. Nina Smith 082 774 4596, Cyndy Minnaar 082 577 7723 Web Ref: 1005384

Plettenberg Bay Offers on R9.8 millionFantastic, rare beachfront opportunity on Beachy Head Drive.1071m² stand right on Robberg Beach with panoramic views stretchingfrom Robberg towards Central Beach and the river mouth. Contact:Hein Pretorius 083 701 3159 Office: 044 533 2529 Web ref: 1030037

Bedfordview Asking R13.95 million

Feast your eyes on this exquisitely designed showstopper withimpeccable finishes. 4 Bedrooms all en-suite, study, fitted pub,wine cellar & “Master Chef kitchen!” Contact: Tanya Sakota082 553 7099 Natasha Tasovac 073 369 1042 Web ref: 999193

Dainfern Golf Estate, Sandton R9.5 millionA perfect blend of light and glass with timeless quality finishesand incorporating expansive living and entertainment areas. 4 Bedrooms en-suite, study, Entertainers patio with pool. Contact:Dermot 083 680 5286, Dawn 082 575 9956 Web Ref 977166

Each office is independently owned and operated www.sothebysrealty.co.za

HOMEFRONTBDlive.co.za | @BDliveSA FRIDAY, OCTOBER 24 2014Busin ess Day

IS JOZI THE NEW FILM LOCATION?

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STEYN CITY’S EFFECT ON DAINFERN

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GRABBING THE FILM TOURISM OPPORTUNITY

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WHERE TO PLAY WITH YOUR LANDY

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CONTINUED ON PAGE 6

FOLLOW US IN PRINT OR ONLINE

Film tourism has shown how it can potentially affect a country or city’s status as a travel destination, or a house’s desirability. Is SA doing enough with the increasing number of films being shot here?

Big screen, big business

WORDS: DAVID A STEYNBERG :: PHOTOGRAPH: GETTYIMAGES.COM

The film and property sectors have a symbiotic relationship — directors

need authentic locations on which to shoot; property, in turn, benefits financially.

In 2012, the entire film industry in SA — including adverts, long-form productions and the stills industry — contributed R6.2bn to the country’s coffers. This is according to the National Film and Video Foundation (NFVF), which reported that the long-form industry showed 14% year-on-year growth for the past five years.

‘So how can a city or a property cash in? It’s all about creating hype around a movie prior to and during it being screened around the world’Martin Cuff, British-born former executive director of the Association of Film Commissioners International

Film Locations (TO BE FILLED IN BY Bday) 24 October 2014

CAPE TOWN KUDOSHome to the R500m, 200ha Cape Film Studios, just outside Stellenbosch, Cape Town’s presence on the worldwide film industry map has been cemented for some time now.

Hollywood A-lister Sean Penn’s The Last Face, set in Liberia, as well as season four of the American TV series Homeland, which is set in the Middle East, are both being shot in Cape Town. These two productions indicate just how multifaceted and adaptable the city’s landscapes and cityscape are.

Says internationally acclaimed, award-winning director Ian Gabriel of Giant Films: “Cape Town’s range of locations and fantastic mobility in and out of the city means you can access classic European architecture, American cityscapes, highways, beaches, mountains, deserts and farms all within an extended day’s work. There’s no other city in the world that offers that sort of proximity and access, with long daylight hours.”

The city’s malleability is evidenced in a number of new commercials that Gabriel has directed, one for local brand Red Heart Rum, and the other for American Express.

The latter was shot at the Castle of Good Hope, where Gabriel recreated the 17th-century streets of Pamplona to shoot a running-of-the-bulls scene.

Cape Town’s locations are often the first choice of many international film and commercial productions, thanks to the city’s cosmopolitan adaptability, but Joburg’s interesting Afropolitan character has also caught their eye

‘There’s a bigger and bigger call for “African” locations and we’ve found Kenyan grasslands just outside Cape Town, and Nigerian backstreets and Central African avenues, all close to Cape Town’s centre’Ian Gabriel, director, Giant Films

The Red Heart Rum advert was shot outside Malmesbury, about one hour out of Cape Town, on a location resembling the rugged Andes landscape.

The many Heritage buildings in Cape Town’s inner city also provide prime locations for various types of staging, a fitting example being the well-known art deco Mutual Heights building in Darling Street. Says Gariel: “We’ve dressed that building as an art deco hotel in Shanghai, as a snowed-in postal services building in Chicago and as a venue for a stylish club in New York. Each time we manage to make it look different and exotic.”

The crop of feature films that have recently used the city in its authentic identity has garnered a lot of interest not only because the city is photogenic, but also because it’s inundated with rich narratives and stories. Safe House (2012) and Invictus (2009) are two international big-budget films where the city’s identity was weaved into the plot lines. Likewise with Gabriel’s acclaimed feature films Forgiveness (2004) and Four Corners (2013), both of which were based on Cape-based stories, the former on the fishing community of Paternoster and its dealings with the Truth and Reconciliation Commission, and the latter on the city’s entrenched gang culture on the Cape Flats.

LIFESTYLE

Shot on location

WORDS: GENEVIEVE PUTTER :: PHOTOGRAPHS: GIANT FILMS AND GOODCOP TV

District Six’s Alhambra Theatre was the cinema that the wealthy were believed to frequent.

The Labia Theatre is one of the only independent cinema complexes in SA not driven by American blockbuster releases.

Only after 1994 did Cape Town start becoming a film

destination. During the 1970s and 1980s it was primarily concerned with commercials production for TV and cinema to feed the local advertising industry.

One of the first completely Cape-based films by British-South African film-maker Ross Devenish was based on Athol Fugard’s Boesman and Lena (1973).

Other well-known movies and TV series shot in Cape Town: Lord of War (2005), uCarmen eKhayelitsha (2005), Blood Diamond (2006), Catch a Fire (2006), Goodbye Bafana (2007), 24: Redemption (2008), The Borrowers (2011), The Girl (2012), Long Walk to Freedom (2013), Zulu/City of Violence (2013), The Giver (2014), Black Sails (2014).

Cape Town editHollywood A-lister Sean Penn’s The Last Face, set in Liberia, as well as season four of the American TV series Homeland, which is set in the Middle East, are both being shot in Cape Town

.AMERICAN EXPRESS SET..

ORIENT EXPRESS LOCATION. MUTUAL HEIGHTS GETS A FAR-EASTERN SET DRESSING

RED HEART RUM LOCATION.

Film Locations (TO BE FILLED IN BY Bday) 24 October 2014

PUBLISHED BY THE CREATIVE GROUP IN ASSOCIATION WITH BDFM Unit G4, Old Castle Brewery, 6 Beach Road, Woodstock, 7925021 447 7130

EDITORIAL TEAMEditor: David A Steynberg david.steynberg@gmail.comCreative Director: Mark Peddle

ADVERTISING SALESMichèle Jones michele.jones@pamedia.co.za 084 246 8105 (Sales & Marketing Manager)Sarah Steadman sarah.steadman@pamedia.co.za 082 334 4367 JHB (Property)Yvonne Botha yvonne.botha@pamedia.co.za 082 563 6685 JHB (Lifestyle)Susan Erwee susan.erwee@pamedia.co.za 083 556 9848 (Western Cape)Bradley Sparks bradley.sparks@pamedia.co.za 073 666 3842 (KwaZulu-Natal) Jackie Maritz jackie.maritz@pamedia.co.za 078 133 5211 (Garden Route)

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The Creative Group CEO: Shaun Minnie shaun.minnie@thecreativegroup.info Busin ess DayA PUBLICATION

EDITORIAL TEAMEditor: David A Steynberg david.steynberg@gmail.comCreative Director: Mark Peddle

ADVERTISING SALESMichèle Jones michele.jones@pamedia.co.za 084 246 8105 (Sales & Marketing Manager)Sarah Steadman sarah.steadman@pamedia.co.za 082 334 4367 JHB (Property)Yvonne Botha yvonne.botha@pamedia.co.za 082 563 6685 JHB (Lifestyle)Susan Erwee susan.erwee@pamedia.co.za 083 556 9848 (Western Cape)Bradley Sparks bradley.sparks@pamedia.co.za 073 666 3842 (KwaZulu-Natal) Jackie Maritz jackie.maritz@pamedia.co.za 078 133 5211 (Garden Route)

Busin ess DayA PUBLICATION

‘There’s a bigger and bigger call for “African” locations and we’ve found Kenyan grasslands just outside Cape Town, and Nigerian backstreets and Central African avenues, all close to Cape Town’s centre’Ian Gabriel, director, Giant Films

JOZI’S GOLDJohannesburg’s filmography extends back to roughly the same time as that of Hollywood’s, a little-known fact attributable to the gold rush of the late-1800s.

This implies that where there’s money there’s entertainment — and that still rings true today in the City of Gold: Gauteng accounts for 70% of South African television productions.

A number of big-budget international films have been shot in Gauteng, most notably SA’s Oscar winner for Best Foreign Film, Tsotsi (2005), and District 9 (2009).

In both instances, Johannesburg the city played a key character, as it did in Cry the Beloved Country (1948), Jim Comes to Joburg (1949) and Come Back Africa (1959).

According to Laurence Hamburger, director and owner of film production company goodcop TV, the city offers dynamic, inimitable and authentic locations and characters, as well as interesting light — the holy grail of creative direction.

“Joburg has a real patina to it: less overshot with

In April 1895 the first kinetoscopes were opened to the public in Herwoods Arcade on Pritchard and President streets, Johannesburg.

In 1913 Isidore Schlesinger formed the African Theatres and Films Trusts, which held a monopoly over film distribution in SA for 43 years.

Two years later Schlesinger built SA’s first film studio, Killarney Film.

De Voortrekkers was the first one-hour feature film

made at the studios in 1916, the first of 43 to be made there over the next six years.

1976 saw the formation of the SABC in Johannesburg as television was introduced into SA.

Other well-known movies shot in Jozi: Max and Mona (2004), Goodbye Bafana (2007), Catch a Fire (2006), Sarafina, Jerusalema (2008), End Game (2009), The Bang Bang Club (2010), Long Walk to Freedom (2013). The Avengers: Age of Ultron (2014) features a scene shot in Jozi, as Jozi.

Jozi edit

‘Joburg has a real patina to it: less overshot with curious locations and easier access than Cape Town does’ Laurence Hamburger, director and owner of goodcop TV

curious locations and easier access than Cape Town does. The international directors and directors of photography I know from when I worked in the UK and America enjoy shooting in Jozi, as they find it unique, less clichéd and with softer light because of the cloud cover, and especially in winter.”

Some of Hamburger’s favourite locations around the city are the mining towns south of the city, such as Carltonville, which in his opinion are visually distinctive and relatively easy to access.

While Joburg has a mix of dilapidated warehouses and modern skyscrapers, it doesn’t have Cape Town’s advantage of well-maintained Heritage buildings.

“Joburg’s older buildings aren’t well preserved, which I believe is because the local government has no attachment to them. They see them as associated with apartheid, so building new ones is a sign of their presence on the landscape.

“It’s a pity, as film-makers like places that have history and authenticity, which is not only very hard to recreate but also expensive,” he says.

‘Film-makers like places that have history and authenticity’ Laurence Hamburger, director and owner of goodcop TV

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LOCAL NEWS 24 October 2014

CONTINUED FROM PAGE 1

FILM TOURISM DEFINEDFilm tourism: tourist visits to a destination or attraction as a result of the destination being featured on television, video or the cinema screen.

Living large WORDS: KATY CHANCE

A country escape, to most people in Britain, means fleeing the stresses

of peri-urban life to one in which the most frustrating part of your day is wrestling your “wellies” from beneath an ageing and incontinent Labrador retriever.

The Home Channel’s Escape to the Country is a wonderful look at just how different the British countryside is to our own. In the show, people who have made a good living for themselves (for fresh air doesn’t come cheap in the UK) have decided that they want to live “in the country”. The real estate

agent shows the participants three properties that fall within their budget.

Always, the buyers want something with “character”, which means old, and which has “features” one expects in a countryside property, which means beams low enough to brain visiting guests, and an “inglenook fireplace”, which will be insufficient to heat anything beyond a metre.

The buyers are entranced by the view, through a window the size of a postage stamp, because it is of a tree rather than a lamp post, or a pub rather than a car park.

Things that come as standard are peace and

quiet, bubbling brooks, surrounding green fields and meadows with orderly pathways and an enthusiastic ramblers’ association and, most important, everything will be quaint. The rise of the hills will be manageable for even the most infirm of walkers, the distance to the nearest village with its shop/post office will be easily reachable without transport, and the establishment will be owned by a kindly geezer who is also the village’s only policeman, notary public, reserve fireman and vet.

People who loathed dogs in the city will purchase Jack Russells and stout sticks, used

only for walking, for there are no criminals to beat back here. They will not lock their doors, because forgetting the key is a real possibility, as they are wonderstruck by the gentle, non-menacing beauty of their surrounds.

In parts of SA, a “country property” means a rambling complex surrounded by ClearVu fencing and a 2m-high wall behind that, topped with barbed wire. Next comes a moat, and then tripwires as you approach the front door. They do not have bikes in the hallway but rather an arsenal of weaponry that could take out ISIS if needed. They have walkie-talkies and

CB radio to alert neighbours when another home invasion is under way, or simply to call at regular intervals to ensure that their neighbours are still alive. The windows have views of bars that do not serve drinks but serve merely as a mild deterrent to those intent on getting in. And their dogs are Rottweilers that have been trained to kill. Nothing is quaint or has character. The only beams are those created by the high-powered motion-sensor lighting.

I think a local show called Escape from the Country might be in production as we speak. Except that the cameras keep getting stolen.

They have walkie-talkies and CB radio to alert neighbours when another home invasion is under way, or simply to call at regular intervals to ensure that their neighbours are still alive

But how big a contribution has the film sector made to the property market? According to Martin Cuff, British-born former executive director of the Association of Film Commissioners International, there is no accurate data available. But, says Cuff, who resides in Cape Town and consults on film development internationally, film tourism is big business around the world, although very few countries and cities are cashing in on it, and SA is no different.

“There is definitely opportunity,” he says. “But if you haven’t prepared for it, how do you even measure the impact a film can have on a city or building?”

He says that the tourism sector needs to prepare for the interest in the country while the film is being shot. “Movies can give people the motivation to travel,” Cuff says, noting that a Film London study showed that films and TV programmes depicting the UK are responsible for attracting about one in 10 overseas tourists. “They estimate that about 28-million visitors visit Britain each year after viewing the country on the screen. They also spend about £1.8bn a year.”

So how can a city or a property cash in? It’s all about creating hype around a movie prior to and during its screening around the world, says Cuff. “District 9, SA’s 2009 blockbuster, missed the boat completely,”

Big screen, big business

he says. “Had there been better planning, Joburg could have promoted itself around the release of the film.”

From a real estate perspective, films have consistently shown that they have the potential to elicit interest in and desire for ownership of a property.

In May this year, for example, the 353m2 Manhattan townhouse made famous by the 1961 movie Breakfast at Tiffany’s was back on the market for double its $5.97m selling price achieved in 2012. The house featured prominently in the Audrey Hepburn vehicle, serving as a backdrop to many of the movie’s exterior shots. The glass house used in the 1986 movie Ferris Bueller’s Day Off sold for $1,06m in June 2014, though it was a difficult sale — the agents had tried selling it for $2.3m in 2009.

“There is an initial demand to film on a location, and there is a follow-up after the movie to visit the location,” says Cuff, relaying the story of how the movie Dolphin Tale propped up visitor numbers to the aquarium. “Attendance at the aquarium jumped from about 200,000 before the release of the original film to 750,000 afterwards. The aquarium increased staff from 45 to more than 200 people to handle the jump in tourism.”

Similarly, the Whistle Stop Café, depicted in the movie Fried Green Tomatoes, benefited greatly after the

film’s release. “By the early 1990s, Juliette, Georgia, had dwindled down to a population of four,” says Cuff. “Whistle Stop Café owner Robert Williams estimates that the annual number of visitors to Juliette is about 100,000. Not only does the Whistle Stop Café still do a booming business after more than 20 years, but all the shops carry Fried Green Tomatoes shirts, cookbooks, hats, food products and movie memorabilia.”

Even movies depicting towns and people in a negative light can have positive effects. The 1972 movie Deliverance still draws tourists to the town to go rafting, despite the film’s depiction of its inhabitants as backward inbreds. “Rabun County, Georgia, set up rafting operations to exploit the new-found interest in whitewater rafting after the release of Deliverance,” says Cuff. “Nantahala Outdoor Centre, which has rafting expeditions on both the Chattooga and Nantahala rivers, reports

income of $15m a year, with 600 part-time employees, and 200,000 annual visitors.”

SA, and indeed Cape Town, which reportedly gets the majority of international long-form productions, would do well to actively pursue the benefits of film tourism. It does little to promote what the country has to offer when international producers use the locations but depict them as a generic city or, worse, as another region altogether. The latest season

The numbers

40-million tourists based their destination choice mostly on seeing that country in a movie (TravelSat global survey 2012).

In 2012 the film industry contributed R6.2bn to SA’s GDP. Long-form projects contributed R3.5bn, the commercials industry contributed R2bn, and stills production R700m.

The industry created more than 25,175 jobs in 2012 and encompassed more than 2,500 direct service providers.

‘Movies can give people the motivation to travel. Film London estimates that about 28-million visitors visit Britain each year after viewing the country on the screen. They also spend about £1.8bn a year’Martin Cuff, former executive director of the Association of Film Commissioners International

PHOTOGRAPHS: ANNA-MARIE GERBER; JOHN JACOBSEN; EVAN BENCH; PAUL SAAD

of Homeland is set in the Middle East, but is in fact being filmed in Cape Town.

“According to the 1998 Annals of Tourism Research, locations where a successful film had been filmed demonstrated a 54% increase in tourism visits over the following four years,” says Cuff. “The NFVF promotes SA around the world, and Brand SA this year brought three of the top six studios to the country. But more could definitely be done.”

LIFESTYLE (TO BE FILLED IN BY Bday) 24 October 2014

CB radio to alert neighbours when another home invasion is under way, or simply to call at regular intervals to ensure that their neighbours are still alive. The windows have views of bars that do not serve drinks but serve merely as a mild deterrent to those intent on getting in. And their dogs are Rottweilers that have been trained to kill. Nothing is quaint or has character. The only beams are those created by the high-powered motion-sensor lighting.

I think a local show called Escape from the Country might be in production as we speak. Except that the cameras keep getting stolen.

While there’s no shortage of boutique hotels and high-

end getaways in southern Africa, it’s also — happily — not hard to find a bit of wilderness. And if you have a 4x4 to hand, then the region is your adventure oyster.

If you’re new to off-roading you’d do well to stay within SA’s borders where help is reasonably close at hand, and SA’s national parks offer superb 4x4 opportunities.

In the Eastern Cape the Addo Elephant National Park’s Bedrogfontein Trail is a great day-trail option, with a wonderful route through riverine thicket, mountain fynbos and Karoo scrub.

There’s also no shortage of wildlife on offer in this Big Five reserve. The Mountain Zebra National Park offers a challenging range of trails, while the Karoo National Park has plenty to put experienced drivers through their paces.

For overnight and multi-day 4x4 adventures, head north. The Richtersveld National Park offers a range of routes for drivers, but you will need to be entirely self-sufficient to soak up the moon-like landscapes and perfect silence.

The Nossob 4x4 Eco Trail in the Kgalagadi Transfrontier Park is also worth planning for. This four-day guided

Hit the (muddy) road

WORDS: RICHARD HOLMES :: PHOTOGRAPHS: ISTOCK

There’s nothing to beat the feeling of taking to the open road in search of adventure. And when that road is a rutted and muddy 4x4 route, then so much the better…

trail runs through the dunes between Twee Rivieren and Nossob rest camps and offers a secluded take on this popular but arid park.

Hop over the border and the deserts of Botswana bring yet more wide-open spaces. The Central Kalahari Game Reserve is the largest protected area in southern Africa, and offers a range of 4x4 options.

Keep driving and in the Makgadikgadi Pans National Park you will find the elusive yet alluring granite outcrops of Kubu Island.

Once you tire of the dust, the lush landscapes of Moremi Game Reserve

and Chobe National Park await. Moremi offers access to the watery wonderland Botswana is famous for, while Chobe’s vast elephant herds are legendary.

From the town of Kasane on the Chobe River, the choice is yours: east to Victoria Falls and the game reserves of Zimbabwe and Zambia, or west into the Caprivi Strip and down into the beguiling deserts of Namibia.

Mozambique offers yet more adventure. And for the experienced 4x4 traveller Angola is fast becoming a brave new frontier for off-road excursions.

If you are new to off-roading, you

would do well to stay within SA’s borders

The deserts of Botswana bring yet more wide-open spaces

KGALAGADI TRANSFRONTIER PARK.

MAKGADIKGADI PANS NATIONAL PARK.

RICHTERSVELD NATIONAL PARK.

CHOBE NATIONAL PARK

ADVERTISING FEATURE Friday October 24 2014

The latest development to be launched in the award-winning

Buh-Rein Estate presents the best opportunity yet for those who want to get onto the property ladder.

Says MSP Developments CEO Riaan Roos: “Villa Milon offers 30 spacious sectional title apartments, each with two bedrooms, a full bathroom, solar geyser, patio with built-in braai and an exclusive-use parking area.

“Pricing starts at just R669,900 and all costs are provided for, including VAT, transfer and bond registration costs.

“Villa Milon is ideal for first-time buyers and investors alike, since no

A  foot on the property ladderVilla Milon in Buh-Rein Estate gives potential homebuyers a great opportunity to escape the rental trap — and they will get two years levy free if they buy before the end of 2014

deposit is required and buyers who commit before the end of 2014 will have their levies paid by MSP Developments for the first two years. This represents a saving that is well in excess of R30 000, so there has never been a better time to buy.”

For investors, says Roos, the two-year levy payment holiday ensures a minimal initial shortfall between monthly bond commitments and the estimated rental income.

Villa Milon will be made up of two blocks of three storeys each, with 12 flats in the first block and 18 in the second. All the units will be 60m2 in size and will come standard with a fully fitted kitchen, oven, hob and extractor fan.

A breakfast nook will connect the kitchen and the open-plan living room, which will lead onto a balcony with built-in braai. The bedrooms will all come standard with built-in cupboards. Each unit will be assigned a single parking bay, and there will be ample parking for visitors.

Says Roos: “I am passionate about enabling families to own their homes, and with an uptick in the property market around the corner, if people don’t get into the market now, when will they ever be able to?

“Even Buh-Rein, with more than 3,000 homes in all once completed, will provide properties for only a tiny proportion of those looking to get into the market, and there is no sizeable land that can be developed south of this.

“The uptick is imminent and will have an inflationary effect on pricing and affordability. I am concerned that if people don’t take the leap and become homeowners, they may find themselves in a rental trap from which very few can escape.”

Villa Milon is competitively priced, with ground-floor apartments from just R699,900. Buyers who require a home loan will need a combined gross monthly income of R21,500, and at a prime rate of 9.25%, monthly instalments will amount to just R6,411.

Investors who wish to rent their apartments can expect monthly rentals of about R6,000.

The lowest-priced units will be on the second floor and priced from R669,900. The comparable gross income required to qualify for a home loan is R20,500 and at the prevailing prime interest rate buyers can budget for a monthly bond repayment of just R6,137. Second-floor flats are expected to generate a monthly rental income of about R5,500.

The top-floor apartments will offer great views and are priced at R679,900, for which a combined gross income of R21 800 is required for bank finance, with a monthly instalment of R6,228 at the prevailing prime interest rate. Investors can expect rental income of about R5,800 a month.

Says Roos: “These projected rentals are more than estimates — they are based on the reality of rentals being achieved in Buh-Rein Estate right now.

“The shortfalls on Villa Milon are very small, and investors who choose to buy there will have the pleasure of having someone else covering their entire bond repayments within three years of purchase.

“Buying in Villa Milon right now just makes more sense — and cents — any way you look at it. I sincerely hope that qualifying first-time

ADVERTISING FEATURE Friday October 24 2014

A  foot on the property ladderbuyers will think long and hard about how they can secure a better future for their families through property investment and ownership. Regardless of whether you rent or buy, you will be paying off a bond. You might just as well own it after 20 years.”

At Buh-Rein Estate, peace of mind is part of every transaction. The estate offers superior security that includes a boundary wall with infrared motion detectors, monitored CCTV cameras, patrol vehicles, a 24-hour manned guardhouse and cell-to-gate access control for each development within it.

MSP Development’s Buh-Rein Estate has been proclaimed the Tygerberg region’s newest suburb. It forms a corridor between the established northern suburbs and the agricultural holdings of Joostenberg Vlakte as well as the planned expansion of Durbanville.

Situated 25 minutes from Cape Town, it lies on the edge of the countryside and offers a daily shuttle service for residents to the airport via UWC, to Cape Town via Century City and to Stellenbosch via Paarl.

Villa Milon will be on the corner of Buh-Rein Drive and Waterford Avenue, neighbouring Richmond Grove and Barwick Village.

On completion Buh-Rein Estate will include 20 pocket parks with jungle gyms, 10km of pathways for running and cycling, a multipurpose sports field and a sports clubhouse. For those with an active lifestyle, it will be a field of dreams.

Environmental considerations at Buh-

Rein Estate include the planting of more than 2,000 indigenous trees as well as extensive fine plant landscaping.

MSP Developments’ commitment to the environment is clear. A substantial investment was made to ensure that landscaped areas can be irrigated with rainwater, and for this purpose stormwater drainage was channelled to create a catchment area for the recently completed irrigation dam. This

will not only ensure the immaculate preservation of planted areas, but also reduce the future cost of doing so.

Attention to such detail is what Buh-Rein Estate has become known for, and that is also what compelled the South African Planning Institute to award it for its innovative layout in 2010.

Says Roos: “Do yourself a favour — visit Buh-Rein Estate now to get a better idea of what value for money looks like. You will not be disappointed.”

Investors who wish to rent their apartments can expect monthly rentals of about R6,000.

The lowest-priced units will be on the second floor and priced from R669,900. The comparable gross income required to qualify for a home loan is R20,500 and at the prevailing prime interest rate buyers can budget for a monthly bond repayment of just R6,137. Second-floor flats are expected to generate a monthly rental income of about R5,500.

The top-floor apartments will offer great views and are priced at R679,900, for which a combined gross income of R21 800 is required for bank finance, with a monthly instalment of R6,228 at the prevailing prime interest rate. Investors can expect rental income of about R5,800 a month.

Says Roos: “These projected rentals are more than estimates — they are based on the reality of rentals being achieved in Buh-Rein Estate right now.

“The shortfalls on Villa Milon are very small, and investors who choose to buy there will have the pleasure of having someone else covering their entire bond repayments within three years of purchase.

“Buying in Villa Milon right now just makes more sense — and cents — any way you look at it. I sincerely hope that qualifying first-time

‘I am passionate about enabling families to own their homes, and with an uptick in the property market around the corner, if people don’t get into the market now, when will they ever be able to?’Riaan Roos, CEO, MSP Developments

GET IN TOUCH

Tel: 021 914 6703 E-mail: sales@mspd.co.zaWeb: www.mspd.co.za

Clubhouse

WORDS: TAMMY SUTHERNS :: PHOTOGRAPHS: STEYN CITY

Investigation 24 October 2014

Six times the size of the Sandton city centre, and the largest single

development of its type ever undertaken in SA, the lifestyle resort of Steyn City appeals both to investors and to potential residents.

STEYN CITY“Steyn City is one of the largest and most exciting lifestyle developments to launch within Johannesburg’s Northern Suburbs in many a year,” says Pam Golding Properties’ Fourways/Dainfern office manager Jason Shaw.

He says that with more than 10,000 people employed on the project so far, it has been “a shot in the arm” for the Fourways economy. “This is further increasing confidence in the area,” says Shaw.

Kent Gush, Steyn City’s property marketing consultant, says the development has helped property demand and sales in the area, particularly in Dainfern, where real estate agents are reporting stock shortages.

Says Gush: “People are realising the value of Dainfern, specifically with the multibillion-rand upgrade of the R511 that is under way. Dainfern property has always been undervalued, and now that it has been seen in a much more positive light, there is strong demand for property in there, which is good for homeowners in the area.”

TRAFFIC CONGESTIONHowever, traffic congestion in the area is not to be overlooked, says Jenny

Steyn City and other major developments are seeing an influx of buyers who are seeking comfort and security in the Fourways and Dainfern areas. Would you invest here?

Steyn alive

Ramsay, a member of the Grubb team at RE/MAX One Hundred. Ramsay says she did a valuation recently in an estate on William Nicol Drive, just before Steyn City, and that the trip there was “a nightmare”.

“It took me 40 minutes to get to the property from my office in Fourways. Buyers have definitely been put off the areas affected by the roadworks, but hopefully these will come to an end in the next few months as promised,” says Ramsay.

But Shaw says the traffic congestion in Fourways is no more serious than that in most other rapidly developing areas of Johannesburg.

“Upgrades to the road infrastructure in the area for the 2010 Soccer World Cup assisted in alleviating some of the congestion within the area, and the road upgrades being undertaken on William Nicol Drive as part of the Steyn City project will have a major, positive impact on easing road congestion,” says Shaw.

The visibility of the road infrastructure upgrade has made many people realise that it’s only a matter of time before things improve, says Gush.

Meanwhile, the Gautrain Management Agency has proposed routes to Soweto, Sunninghill and Fourways as part of its 25-year integrated transport master plan. The routes, announced in March this year, are expected to take 24 months to complete.

GROWTH OF THE NODEGush says Steyn City has also been a major catalyst for the growth of the

entire new northern node, including Dainfern/Fourways, and that once Steyn City launches, there will be a spike in property prices of between 10% and 15%.

There is already good demand for property in the area, says Ramsay. “It is generally high, due to very good schools, hospitals and shopping centres in the area. There are also great plans afoot to turn Fourways into the new Sandton, which has caught the imagination of many.”

Shaw says there has been a strong demand for a variety of homes in the area.

“Townhouse and cluster complexes have considerable appeal, while upmarket estates, such as Dainfern golf estate, Fourways Gardens, Cedar Lakes, Waterford Estate and Stratford

Gardens are proving to be evergreen in terms of their appeal,” he says.

There has been regular construction of security estates, which the Fourways area is credited for pioneering in the latter part of the 1980s, he says.

“The entire area running from William Nicol Drive and Cedar Road towards Lanseria is considered a significant growth node, which makes it a very good area to invest in,” says Shaw, who also points to the planned upgrade of Fourways Mall.

“The region has been completely transformed in recent years with shopping centres, conferencing, entertainment, schools and office parks that have been developed,” he says.

But Ramsay says she has not seen much change in demand in the past few years. “Steyn City has not made much impression on the minds of buyers in the Fourways area, and many do not even know of its existence,” she says. “I’m sure that this will change

as more people become aware of the development. At this stage, construction vehicles and construction work with the resultant congestion are more an irritation to be avoided.”

Shaw believes that Steyn City points the way to the future of mixed-use property development. There will be no pre-sales prior to its official launch in March 2015, when the first phase is completed. Phase one of Steyn City will comprise a “show village” of 93 apartments, 19 cluster homes and 13 freehold show houses.

Says Shaw: “The greater Fourways area is on the rise and has become known as the ‘Sandton of the North’, making it an excellent prospect for this type of development.”

The 800ha Steyn City lifestyle resort will eventually consist of 10,000 homes, including flats, townhouses, cluster homes and freehold homes, some of which will be on erven as large as 4,000m2, says Shaw.

“The entire area running from William Nicol Drive and Cedar Road towards Lanseria is considered a significant growth node, which makes it a very good area to invest in”Jason Shaw, manager, Pam Golding Properties Fourways/Dainfern office

Investigation (TO BE FILLED IN BY Bday) 24 October 2014

Steyn City is a mixed-used development that will consist of an office development, retail development, schools and crèches, a hospital and healthcare facilities and a range of recreational facilities, including an 18-hole Jack Nicklaus-designed golf course and an equestrian centre.

Town planning permission has been applied for various unit types, including: 8,341 flats, 5,155 townhouses and 3,186 “City Centre-style” units ranging from bachelor to one-bedroom and two-bedroom flats to penthouses; 731 cluster homes; 818 freehold houses situated on stands of 695m2 to 4,000m2; and 120 retirement village units.

Steyn City’s land surface is six times that of the Sandton city centre.

Those behind the Steyn City development believe it will lead to a spike in property prices of between 10% and 15%.

The 800ha Steyn City lifestyle resort will eventually comprise about 10,000 residential properties.

as more people become aware of the development. At this stage, construction vehicles and construction work with the resultant congestion are more an irritation to be avoided.”

Shaw believes that Steyn City points the way to the future of mixed-use property development. There will be no pre-sales prior to its official launch in March 2015, when the first phase is completed. Phase one of Steyn City will comprise a “show village” of 93 apartments, 19 cluster homes and 13 freehold show houses.

Says Shaw: “The greater Fourways area is on the rise and has become known as the ‘Sandton of the North’, making it an excellent prospect for this type of development.”

The 800ha Steyn City lifestyle resort will eventually consist of 10,000 homes, including flats, townhouses, cluster homes and freehold homes, some of which will be on erven as large as 4,000m2, says Shaw.

Steyn City – a mixed-used development

A series of multibillion-rand infrastructural projects have been part of the planning for the development.

One third or R900m of the total cost of the development has been put towards the road upgrades along the R511 (William Nicol Drive). It will have three lanes in each direction, from Uranium Street through to Erling Road, with plans to extend it through to the N14.

Bicycle and pedestrian lanes will be added from Mulbarton Road up to the Erling Road interchange, in response to local residents’ requests for better safety and transport in the area.

A major sewerage overhaul of R73.9m, including an upgraded bulk sewer pipeline that runs from Dainfern to a new pump station, has been undertaken.

A R35m water reservoir on the northeastern portion of the estate will be constructed. It will be able to store 30 megalitres, and is part of the council’s and Johannesburg Water’s master plan for an infrastructure upgrade in the region.

“Steyn City has not made much impression on the minds of buyers in the Fourways area, and many do not even know of its existence. I’m sure that this will change as more people become aware of the development. At this stage, construction vehicles and construction work with the resultant congestion are more an irritation to be avoided”Jenny Ramsay, RE/MAX One Hundred

ADVERTISING FEATURE 24 October 2014

WORDS: GRAHAM WOOD : : PHOTOGRAPHS: SUPPLIED

An exclusive new residential high-rise development on

West Road South, Sandton’s millionaires’ row, offers business executives, residents and investors a comprehensive lifestyle solution in Africa’s glamorous business epicentre. Masingita Towers offers not only a spectacular location and unsurpassed views in the very heart of Sandton, close to schools, shopping malls, top-class restaurants, banks, law firms and accounting firms, but it is also designed to facilitate an effortlessly sophisticated life.

Setting the benchmark in investment and lifestyle development, the 174-unit building offers more than just luxurious residences. “This project offers a stylish living solution made easy for today’s top executives,” says Lynn Petzer, CEO of Lynn Estates. “Its luxurious lifestyle extends beyond your apartment.” The building includes a gym, swimming pool, restaurants and business and conference facilities.

Options range from designer two-bedroom en-suite units and three-bedroom en-suite units with balconies to spectacular four-bedroom penthouses. Masingita Towers’ unsurpassed views over Sandton’s glittering skyline and sophisticated architecture offer nothing less than world-class luxury for the discerning few. Designed by Adrian Maserow of AMA Architects, known for creating landmark buildings and ensuring the highest-quality design, the building is an uplifting addition to Sandton’s urban fabric. “Masingita Towers launched in August this year and is already 50%

On the millionaires’ strip in the heart of Morningside, Sandton, Masingita Towers offers a complete lifestyle solution at the heart of the continent’s business hub

Towering above the rest

sold out,” says Petzer. “They are perfectly priced and their location is simply unbeatable.”

Masingita Towers is a joint venture between Masingita Properties and Careline Living Spaces Property Development. Masingita Properties, from which this residential development gets its name, is headed by leading businessman Mike Nkuna, who is widely regarded as a pioneer in property development and has built many shopping centres in partnership with Nedbank.

Sandton’s massive growth as a central business district and financial, legal and corporate hub has led to a parallel explosion in demand for a new generation of high-rise luxury urban flats. As accessibility and infrastructure have become world-class with the introduction of the Gautrain in 2010, among other improvements, Sandton’s need for residential lifestyle solutions has burgeoned. “Local and international business executives are fuelling the demand for this kind of extended lifestyle offering,” says Petzer. “Masingita Towers is designed to create high tenant desirability and ensure capital growth.”

Lynn Estates will offer extended services in the building. These will be complemented by Lynn Estates’ subsidiaries, Jayd Designs, which will offer designer furniture packs for investors and residents, and Bconnect, which offers service at your finger tips, from a full concierge service to in-house housekeeping.

All these add a desirability to create corporate tenants and to ensure capital growth.

ADVERTISING FEATURE 24 October 2014

MASINGITA TOWERS FEATURES

174-unit luxury apartment building on West Road South, Morningside, Sandton’s millionaires’ row

Superior flats with balconies

Two-bedroom en suite from R2.595m

Three-bedroom with balcony from R3.995m

Three-bedroom duplex from R6.25m

Four-bedroom penthouse from R7.995m

Dedicated reception and concierge

24-hour high security and access control

Trendy restaurantPrivate loungeExecutive conference

facilitiesBusiness centreWi-FiLaundry and

housekeepingFitness centreOutdoor sparking poolLocated near to schools,

shopping malls, top-class restaurants, banks, law firms and accounting firms

sold out,” says Petzer. “They are perfectly priced and their location is simply unbeatable.”

Masingita Towers is a joint venture between Masingita Properties and Careline Living Spaces Property Development. Masingita Properties, from which this residential development gets its name, is headed by leading businessman Mike Nkuna, who is widely regarded as a pioneer in property development and has built many shopping centres in partnership with Nedbank.

Sandton’s massive growth as a central business district and financial, legal and corporate hub has led to a parallel explosion in demand for a new generation of high-rise luxury urban flats. As accessibility and infrastructure have become world-class with the introduction of the Gautrain in 2010, among other improvements, Sandton’s need for residential lifestyle solutions has burgeoned. “Local and international business executives are fuelling the demand for this kind of extended lifestyle offering,” says Petzer. “Masingita Towers is designed to create high tenant desirability and ensure capital growth.”

Lynn Estates will offer extended services in the building. These will be complemented by Lynn Estates’ subsidiaries, Jayd Designs, which will offer designer furniture packs for investors and residents, and Bconnect, which offers service at your finger tips, from a full concierge service to in-house housekeeping.

All these add a desirability to create corporate tenants and to ensure capital growth.

CONTACT: Lynn Estates Call Centre: 083 655 5539 / 011 884 3103Email: info@lynnestates.co.zaWebsite: www.lynnestates.co.za

At 1,400m2, Ibis House in the Estuaries in Century City, Cape

Town, is positioned to bag the first Four-Star Green Star rating for small-to-medium-sized buildings.

Horizon Capital, which owns the building, is convinced that with the energy and water savings, as well as the employee amenities and conveniences, the Green Building Council of SA (GBCSA) will award it the title.

“We are hoping to have it finalised by the end of November — our green-building consultants are 60% through their second

Four-star rating recordIbis House in Century City is aiming to score four Green Stars, which would make it SA’s first small-to-medium-sized building to hold those bragging rightsWORDS: DAVID A STEYNBERG :: PHOTOS: HORIZON CAPITAL

submission,” says David Sedgwick of Horizon Capital. “We have completed the development of what will be the smallest green-rated building in South Africa under about 3,000m2. We embarked on this project with the GBCSA to show that going green is not only feasible for very large office complexes, but also is viable and essential even for smaller offices such as the one we’ve developed.”

Energy modelling and the ongoing monitoring of electricity usage will produce significantly higher electricity savings when compared with notional buildings designed to meet SANS 204 standards.

Energy-focused features include DSI occupancy sensors to control recessed energy-efficient fluorescent light fittings, electronic control gears for all fittings, LED fittings for security fittings and walkways, and T5 lamp technology.

Other green features include inverter technology in the air-conditioning system, water efficient fittings, the elimination of water-based heating and cooling systems to save water, exceeding minimum fresh air ventilation rates, installing internal blinds and permanent shading for glare control, low-VOC paint and a waste management system and recycling facility in the basement to encourage the recycling of cans, plastic, glass, polystyrene and Tetra Pack in order to reduce waste, pollution and general degradation of the environment.

According to the development’s environmental consultant Terramanzi, electricity savings of 36% or R150,000 a year (R10/m2 when compared with a regular building of a similar size) are expected. A reduction in greenhouse gas emissions of 65% is also anticipated and water consumption for irrigation purposes has been reduced by 90%.

“Most of the green initiatives selected in Ibis House focused on energy and

The numbers

36% — anticipated electricity saving

R150,000 — annual electricity cost saving

R10/m — electricity cost per square metre

65% — reduction in greenhouse gas emissions

90% — saving on water for irrigation

“We have completed the development of what will be the smallest green-rated building in SA under about 3,000m2” David Sedgwick of Horizon Capital

water savings and improving the working environment for occupants, and did not require any unnecessary expenditure,” says Horizon Capital CEO John Witter. “By concentrating on things such as the paint selected, light fittings and natural light, building orientation and water-saving techniques, we were easily able to achieve many points for the rating. This proves to all developers that going green isn’t as difficult as we previously believed.”

He says the building’s location is close to public transport links, including two MyCiTi bus stops. “Employees and visitors can be dropped directly outside the precinct using the MyCiTi without requiring a car,” he says, noting that owing to an increasing number of employees who are opting to cycle to work, showers have been installed, as have bicycle storage facilities, change rooms and lockers.

The development also has two e-parking facilities, where bays are rented out on a monthly basis and are dedicated to fuel-efficient vehicles and motorcycles.

Witter believes the development is “future proofed” against hikes in utilities costs, water and electricity interruptions and shortages, and carbon taxes.

INVESTMENT 24 October 2014

“We have completed the development of what will be the smallest green-rated building in SA under about 3,000m2” David Sedgwick of Horizon Capital

‘Most of the green initiatives selected in Ibis House focused on energy and water savings and improving the working environment for occupants, and did not require any unnecessary expenditure’ John Witter, CEO, Horizon Capital

With the Treasury proposing the phasing-in of a domestic carbon tax (which has been on the cards for years), carbon footprinting will explore how local businesses can monitor their tax compliance by calculating their own carbon footprints. While many of the top 100 companies listed on the JSE already calculate their carbon footprints, it is just the tip of the iceberg. Before long, every company

will need to have at least one employee tasked with calculating its carbon footprint and suggesting ways on how to reduce it. This will probably lead to each organisation having a team of carbon footprint reduction champions. Soon carbon (and water) footprinting will be implemented and actioned by all listed companies — and not just as part of an energy audit.

Carbon footprinting a reality

INVESTMENT 24 October 2014

As the number of large companies setting up shop in Sandton

continues to rise, so does the number of people commuting to work in the area — and the traffic congestion on its roads.

According to the most recent research by international property services company JLL, developments already under way or in the pipeline will increase the amount of office space in Sandton to just under 2-million square metres in the next three to four years and will bring the number of people commuting daily to the area to more than 125,000.

And this, says Chris Renecle, MD of property sales and marketing group Renprop, will undoubtedly boost the demand for both permanent and rental homes in the area: “Sandton traffic has long been known for its potential to gridlock, especially during rush hours, and while the Gautrain alleviates some of the road congestion and the new Rea Vaya bus route from Alexandra will also help, we foresee that the traffic situation will continue to deteriorate and that the demand for residential units close to the offices in Sandton will continue to rise as executives and employees try to avoid the congestion by moving closer to work.”

Status in Sandown, value in Rivonia

MARKET 24 October 2014

Sandown and Rivonia in Johannesburg’s Northern Suburbs is a classic tale of two cities: one for corporate headquarters, and the other for the buy-to-live or -let marketWORDS: MEG WILSON :: PHOTOGRAPHS: SEEFF

In fact, he says, it is anticipated that there will be a shortage of more than 5,000 rental homes in the Sandton CBD (Sandown) within the next five years.

As it is, say Bella de Abreu and Nashette Roper, the Seeff sales agents for Sandown and Rivonia, the demand for homes — and apartments in particular — is such that sales frequently take place within 24 hours of the property being listed, and rental units are showing returns well above the average, despite rapidly rising prices.

“Sandown apartments cost anything from R1.2m to R3.5m for a one-bedroom unit to more than R7m for a two-bedroom apartment in the most prestigious blocks like The Michelangelo (pictured above). Prices for freehold homes in the area range from around R3.5m to R8m,” they say.

However, in the nearby suburb of Rivonia, which has been earmarked to become northern Johannesburg’s next high-density residential node, there is substantial development of new apartments under way and prices are still about 20% lower across the board, according to Cameron Jansen, broker/manager of RE/MAX Central.

This no doubt accounts for the rocketing residential demand there, says Jansen. “Although Rivonia is regarded

as one of the wealthiest parts of Johannesburg,” the Seeff agents say, “you can still buy entry-level apartments here at prices from R900,000, townhouses from R1.5m (pictured below) and freehold homes ranging from R2m to about R5m. And there is much less traffic congestion than in Sandown.”

Residents can also catch a Gautrain bus from Rivonia into the heart of Sandown, and within the next couple of years they will be able to make use of the Rea Vaya

bus route running from Sunninghill through Sandown and Rosebank all the way to the Johannesburg CBD. The Gauteng freeway network is also easily accessible from Rivonia.

The new residential developments being marketed in Sandown include Renprop’s 101 On The Park, which will be within walking distance of the Gautrain station, most corporate headquarters and upmarket shopping and entertainment venues. It will house 240

one- and two-bedroom sectional title apartments that are selling off plan from R1.5m.

Meanwhile, in Rivonia, the same company is marketing The Courtyards, a complex of 178 sectional title apartments from about R950,000 for one-bedroom units. Aimed at young professionals and property investors, the development is within walking distance of shops and the Gautrain bus route, and will have communal facilities such as a pool and clubhouse.

‘Residents can also catch a Gautrain bus from Rivonia into the heart of Sandown, and within

the next couple of years they will be able to make use of the Rea Vaya bus route’

London ups the ante

PGP staff don hard hats for a good cause

World Habitat Day, a UN-endorsed day recognising the need

for adequate shelter, takes place each year on the first Monday in October. This year, World Habitat Week ran from 6 to 10 October and saw Pam Golding Properties Western Cape staffers trade their desks for building sites in Pelican Park, Cape Town.

According to Pam Golding Properties’ MD for the Western Cape metro region, Laurie Wener, 60 PGP agents, management and support staff participated in the building and there were at least 10 staff members on site each day.

“The enthusiasm and team effort on site was infectious, as everyone turned their hands to mastering the mixing of dugha, laying blocks and plastering walls

London seems to be leading the field in property investment,

with prices increasing by 19% in the past year to an average of £514,000 (approximately R9.3m).

According to Savills, a leading UK property group, property values have exceeded all expectations over the past 12 months.

In the Financial Times of 5 October, Savills advertised a five-bedroom apartment in Chelsea for £6.495m (R115m.)

A similar sized apartment at One Hyde Park, Knightsbridge, was priced at £64m (R1.15bn).

In Barbados, a five-bedroom beachfront villa will set you back a cool $12m (R135m).

Africrest a step closer to R1.3bn

Privately held commercial property group Africrest

Properties has partnered with Futuregrowth Asset Management to gain access to its financing facility. The deal will help Africrest meet its target of holding a portfolio worth more than R1.3bn in the next five years.

“We are very excited by this opportunity as Africrest is a

young but growing property investor which already has an established portfolio with a good spread of buildings, tenants and locations,” said Paul Semple, fund manager at Futuregrowth.

Africrest often partners with tenants in the ownership of buildings, adding value by sourcing, arranging funding for the transaction and redeveloping the property.

Southdale spruced up

The 45-year-old Southdale Centre in Johannesburg is set

to undergo a total revamp, bringing it into the 21st century and helping it

— vastly different from their daily routines,” he said.

The team assisted in building a home with two bedrooms, an open-plan lounge and kitchen and proper indoor sanitation. PGP also put R60,000 towards construction materials.

News (TO BE FILLED IN BY Bday) 24 October 2014

one- and two-bedroom sectional title apartments that are selling off plan from R1.5m.

Meanwhile, in Rivonia, the same company is marketing The Courtyards, a complex of 178 sectional title apartments from about R950,000 for one-bedroom units. Aimed at young professionals and property investors, the development is within walking distance of shops and the Gautrain bus route, and will have communal facilities such as a pool and clubhouse.

realign with the requirements and demographics of shoppers in the area.

Commercial property investment company and property fund 1Eighty,

the owner of the 33,000m2 centre, will invest R70m in the revamp. This will include increasing the number of parking bays from 877 to just under 1,000 and modernising the shops as well as the three-level office suite.

Chris van Reenen, CEO of One Property Holdings and a director of 1Eighty, which acquired the centre in July 2012, said the Southdale Centre was in desperate need of modernisation.

“While tenants have remained loyal, the centre was in dire need of an overhaul in order to significantly boost the appeal for shoppers and visitors and to attract new and national tenants, a factor which ultimately has a positive impact on existing tenants and shoppers,” he said.

The team assisted in building a home with two bedrooms, an open-plan lounge and kitchen and proper indoor sanitation

Fairview, led by Charles Beck, pioneered Viognier’s introduction to the country (according to the label), and he did us all a favour

MARKET 24 October 2014

Variety and value in RoodepoortDescribed as one of the fastest-growing residential markets in SA, Roodepoort is witnessing a development boom

PROPERTY

WORDS: MEG WILSON :: PHOTOGRAPHS: HARCOURTS RHINO; REALNET ROODEPOORT

Originally a residential hub for Transnet and other blue-collar

workers, Roodepoort today has the full spectrum of infrastructure, including excellent state and private schools, several hospitals and convenient shopping facilities such as the new Cradlestone Mall.

It also offers buyers a wide range of properties at prices considerably lower than those for equivalent homes in Johannesburg’s Northern Suburbs, where many of Roodepoort’s residents work, says Louis Barbosa, co-owner of Harcourts Rhino.

“Quick access to the highway network makes commuting to offices a viable option — even those in the even in the Johannesburg CBD,” Barbosa says.

Many residents who have lived here for decades are now retiring and selling large family homes to scale down to security complexes or retirement villages in the area, making way for a new wave of young buyers who want to raise their families in an established suburb with all conveniences close at hand, he says.

JP Botha, the new RealNet franchisee in Roodepoort, says townhouses and family homes priced between R380,000 and R1m are in high demand, and are mostly to be found in areas south of Ontdekkers Road, including Witpoortjie, Lindhaven and Grobler Park.

“Suburbs such as Helderkruin, Roodekrans, Wilropark and Rangeview, north of Ontdekkers Road are more upmarket, and prices

here range from around R1.4m to more than R4m,” he says.

Luxury homes with panoramic views are priced up to R10m in Ruimsig, Helderkruin View, Constantia Kloof and Kloofendal, says Barbosa. Buyers with a taste for the traditional often target historic homes with pressed ceilings and wooden floors in older suburbs such as Florida, where prices range from about R800,000 for homes in original condition up to about R2m for those that have been fully restored.

New sectional title complexes are being developed along Hendrik Potgieter Drive to address demand from young couples, retirees and buy-to-let investors who would like to participate in the area’s buoyant rental market.

Residents who have lived here for decades are now retiring and selling large family homes to scale down to security complexes or retirement villages

WINE

The start of the summer wines

The countdown to the festive season has begun. Behold a selection of whites and rosés to suit most palates, plates and pockets

Jordan Chameleon Merlot Dry Rosé 2013

13% ABV — R55Despite its bold raspberry-red colour, this is a flinty and rather austere rosé with great minerality, and freshness with a complex and zesty finish. The label promises “plummy notes” of Merlot and the “summer-berry flavours of Shiraz” — of which a splash is thrown in for good measure. I do not find it that fruity — although it does open up in the glass and the fruit comes through the colder it is served. However, on a really hot day, this rather “green” rosé, served well chilled, is refreshing without being as dry or savoury as a young Sauvignon Blanc. It will go well with all seafood and salads, but works equally well as a pre-prandial aperitif.

Domaine Grier French Rosé 2013

12.5% ABV — R60This is a quite delicious French rosé; however, Domaine Grier, in France’s southern Rhône region, is owned by the South African Grier family (of Villiera fame), so this is a French wine made by and for South Africans. Combining the classic Rhône varietals of Grenache and Syrah, it is intensely spicy with a bright berry finish that belies its pale and, to me, rather uninteresting colour. Best served really cold, it is perfect for seafood and even Asian foods, which its spiciness will complement rather than overpower. It is an incredibly more-ish rosé which, given its relatively low alcohol content, is just as well. The estate tells me the wine is Woolworths’ highest-selling imported wine, and it is easy to see why.

Fairview Viognier 2013

13.5% ALCOHOL BY VOLUME (ABV) — R80Viognier is an oft-overlooked varietal in SA, which is a pity for it is a great option for those tired of the often overly acid Sauvignon Blancs. This is, undoubtedly, a rich wine with a succulent mouthfeel and flavours of dried fruits and floral hints, but which never gets too sweet or ripe. It is somewhere between a lightly oaked Chardonnay and a good Chenin, with a bright finish. Fairview, led by Charles Beck, pioneered Viognier’s introduction to the country (according to the label), and he did us all a favour, as this somewhat exotic varietal offers a great alternative to the standard South African offerings. Few outlets even stock Viognier, although this was purchased at a good Pick n Pay. Try it — you might like it.

Weltevrede Vanilla Chardonnay 2013

12.5% — R50Part of the Jonkers Family Wines, this Chardonnay is unashamedly retro, for which I commend it. It has the rich, buttery and markedly oaked flavour and mouthfeel of the Burgundies I first tasted back in the late 1980s. This will tick all the boxes for those looking for a voluptuous white rather than a puckeringly dry one, with a lingering aftertaste of nettles and flavours of, unexpectedly, not only vanilla but also toffee and — just trust me on this — lime milkshake where its creaminess and points of citrus combine. Owing to its unctuous palate weight, it is best served as cold as possible, and will more than hold its own with salmon and other oily fish. However, I feel it is more a balmy summer evening wine than one suited for a hot lunch, but that could just be me.

WORDS: KATY CHANCE :: PHOTOGRAPHS: SUPPLIED

Delta up 23% in distributable earnings

London house sales of above £1m set to grow 47% by 2018

Specialist black managed and majority owned Delta Property Fund

reported its interim results for the six months ended 31 August 2014.

Distributable earnings of R180.5m were achieved for the six months, translating into a 40.01c per linked unit distribution — up 23.1% on the comparative period.

“I’m very pleased with the results,” said Delta

CEO Sandile Nomvete. “Following our decision not to proceed with the tripartite merger in June this year, the team refocused on delivering against its high-growth mandate.

“We actively managed our debt by renegotiating funding margins and further diversified the fund through a R501m US dollar-linked investment in Delta International.”

Smaller homes outperform the rest

Smaller houses are showing the strongest growth, according to

the latest Rode’s Report on the South African Property Market. Analysing FNB’s house price indices for different sizes of full- and sectional title homes, it finds that the prices of smaller homes are not only accelerating faster but are

also showing stronger growth relative to larger houses.

“The prevailing low economic growth environment and the uncertainty it brings to household finances, as well as tight credit criteria of banks, might be forcing buyers to scale down ─ especially first-time buyers,” said Erwin Rode, property economist and CEO of Rode & Associates.

Pretoria East’s top three selling well

Pretoria East’s exclusive Mooikloof, Woodhill and Silver Lakes

estates are witnessing an average of 15 sales a month. This is according to Gerhard van der Linde, MD of Seeff in the area.

Rosa Willers, a Seeff property consultant in Pretoria East, says that there are about 25 upmarket security estates in Pretoria East, but that Mooikloof, Woodhill and Silver Lakes are by far the most exclusive and expensive. The highest sales concluded in the past year were for R18m, R8.4m and R14.2m in Mooikloof, Woodhill and Silver Lakes, respectively.

Residential property prices across the greater London market

have increased by 23% in the past two years, according to Pam Golding Property Group CE Andrew Golding.

“Interestingly, in a recent report on the prime London residential market by Pam Golding Properties’ associate, the UK-based Savills, the number of London house sales breaking the £1m price barrier is expected to rise by 47% by 2018 in a further expansion of a market that has grown by 165% in the past five years.”

The report states that in 2003 there were 1,825 sales of £1m-plus recorded by the Land Registry. This figure rose to 7,529 in 2013. Presenting a “2018 £1m map” of the capital, Savills said that by 2018 the annual total is expected to exceed 11,000.

Savills’ calculations show that the yearly turnover in London’s £1m-plus market has risen by 312% in the past decade and is forecast to record a 505% increase in the 15 years from 2003 to 2018. Its expected that prime London house prices will have risen by 160% in that period, evidence of the rising prosperity in the capital and the geographical expansion of the prime market.

News (TO BE FILLED IN BY Bday) 24 October 2014

13.5% ALCOHOL BY VOLUME (ABV) — R80Viognier is an oft-overlooked varietal in SA, which is a pity for it is a great option for those tired of the often overly acid Sauvignon Blancs. This is, undoubtedly, a rich wine with a succulent mouthfeel and flavours of dried fruits and floral hints, but which never gets too sweet or ripe. It is somewhere between a lightly oaked Chardonnay and a good Chenin, with a bright finish. Fairview, led by Charles Beck, pioneered Viognier’s introduction to the country (according to the label), and he did us all a favour, as this somewhat exotic varietal offers a great alternative to the standard South African offerings. Few outlets even stock Viognier, although this was purchased at a good Pick n Pay. Try it — you might like it.

12.5% — R50Part of the Jonkers Family Wines, this Chardonnay is unashamedly retro, for which I commend it. It has the rich, buttery and markedly oaked flavour and mouthfeel of the Burgundies I first tasted back in the late 1980s. This will tick all the boxes for those looking for a voluptuous white rather than a puckeringly dry one, with a lingering aftertaste of nettles and flavours of, unexpectedly, not only vanilla but also toffee and — just trust me on this — lime milkshake where its creaminess and points of citrus combine. Owing to its unctuous palate weight, it is best served as cold as possible, and will more than hold its own with salmon and other oily fish. However, I feel it is more a balmy summer evening wine than one suited for a hot lunch, but that could just be me.

RE/MAX to expand by 1,000 agents in four years

Greg Stroebel, who has 15 years’ experience in the real estate and

franchising industry, has been appointed to head up RE/MAX of Southern Africa’s national expansion and franchise development.

“It is a priority for RE/MAX of Southern Africa to continue to grow its agent base and brand reach in the next four years,” said group CEO Adrian Goslett. “We have more than 2,000 agents working throughout the southern Africa region and we have plans to increase that number to 3,000 by 2018. In order to accommodate the

growth, we will need to open more franchises throughout the region and expand our market share within the real estate industry. This requires having the right people in place to ensure the success of the brand’s vision.

“Our goal has been to assemble the finest, most experienced team for RE/MAX of Southern Africa.”

Stroebel said he was perfectly placed to add value to the brand. “I am in a good place to offer value to the group through my experience with other brands, and to grow RE/MAX even further in southern Africa,” he said.

‘We have more than 2,000 agents working throughout the southern Africa region, and we have plans to increase that number to 3,000 by 2018’Adrian Goslett, CEO, RE/MAX of Southern Africa

GREG STROEBEL

INTERNATIONAL 24 October 2014

LA, NY drawinvestors

WORDS: ANNA-MARIE SMITH :: PHOTOGRAPHS: SOTHEBY’S HOMES

Steady demand has New York realtors competing for prime stock, and

there is a simultaneous flurry of development happening in downtown Los Angeles (LA).

Cautious institutional investors continue to explore the post-2006 market by strengthening asset bases across all fronts, while economists’ warnings of a short-term buyers’ market falls on deaf ears as individual buyers — previously deemed unfit by retail bankers — are flipping houses with the help of exploitative moneylenders.

Wall Street’s global real estate and equity funds are balancing existing portfolios by diversifying geographical and sector spreads.

The August 2014 UBS Global Investors Index shows the US with a total market capitalisation of about $495bn, and Canada about $20bn. North America was the best-performing listed real estate market, with net total USD returns of 2.84% against overall US dollar total returns of 2.20%, and Asia ex-Australia the lowest at 1%.

Greater direct investment in the commercial and residential sectors is taking place among various global funds, most

notably by private equity firm Blackstone Property Partners. The company’s raising of capital for its first core-plus real estate fund saw its acquisitions within the US office, industrial, retail and apartment sectors complemented by entity-level investments in real estate operating companies.

Jamie Boys, investment manager at Catalyst Fund Managers, says that when considering US opportunities, global fund exposure provides optimum diversification and liquidity.

Wall Street institutional investors offer physical ownership of assets in listed companies such as Blackstone through global and private equity funds, “whereas individual ownership of a single high-value yet unsecured asset in one region and one city, such as an office block in Manhattan that might provide more liquidity than

another area, presents a broad range of risks,” says Boys.

New York realtors say the city’s status as a desirable investment destination goes beyond prime office space. Central government and private educational institutions are attracting investment to the residential and commercial hospitality and retail sectors.

Senior VP brokerage manager at Sotheby’s Homes New York, Diane Levine, says: “The US is very welcoming of foreign money as it recognises the needs of investors for security in value, as recently seen in the $1.95bn sale of the Waldorf Astoria to a Chinese institutional investor.”

Top-end investors in the US have back-and-forth relationships with asset managers, says Levine, as portfolio holdings, in particular of foreign buyers looking to the US for safe investments, are constantly changing. Sotheby’s International

Which states and cities attract more buyer interest and investment: New York and Wall Street or Los Angeles and Hollywood?

DOWNTOWN LOS ANGELES

Realty’s Luxury Lifestyle Report of June 2014 reports that wealthy Americans who own on average three houses rank their investment priorities as lifestyle, water frontage, legacy ownership and return on investments.

Levine says this makes dual home ownership in desirable locations such as Hollywood and New York City a reality. “Interest in both markets is common as many buyers have a connection with both Hollywood and New York, and not necessarily out of choice for one or the other, but rather the need to spend time in both cities.” She says the only time investors choose the West Coast over New York is when Chinese investors elect to invest closer to home.

Demand for serviced flats offering 360-degree views — as at One57 in the centre of New York — is outstripping demand for waterfront homes on Long Island and Manhattan.

Owners of second homes, especially American buyers, are willing to pay a premium for the safe housing of students in central locations. South African-born Sotheby’s Homes realtor Natascha Tillmanns, whose clientele includes two South African buyers, says that even though the market is slowing down, ongoing stock shortages are ensuring good rental returns and long-term capital growth.

However, perceived value for money in California’s outdoor lifestyle, coupled with an entrepreneurial environment, is driving local

and foreign investments on the West Coast. Motivating factors include the emergence of LA as the largest US retail market and its status as a creative capital supported by manufacturing, trading, financial, banking and IT. Asian companies and property funds are increasingly backing large residential and mixed-use developments in previously undesirable districts which offer more affordable office and residential purchases and rentals.

Hollywood and surrounds continue to lure individual buyers, not all of whom are associated with the film and IT industries but who are seeking luxury homes after Southern California’s slow recovery from the property bubble.

US investors are assured of healthy competition on all fronts.

‘The US is very welcoming of foreign money as it recognises the needs of investors for security in value, as recently seen in the $1.95bn sale of the Waldorf Astoria to a Chinese institutional investor’Diane Levine, senior VP brokerage manager, Sotheby’s Homes New York

NEW YORK APARTMENT.

‘Interest for both markets is a common occurrence as many buyers have a connection with both Hollywood and New York, and not necessarily out of choice for one or the other, but rather the need to spend time in both cities’ Diane Levine, senior VP brokerage manager, Sotheby’s Homes New York

INTERNATIONAL 24 October 2014

PHOTOGRAPHS: ISTOCK

Who can ever forget the scenery portrayed in the movie The

Beach, or has not wanted to find true love at the top of the Empire State Building after watching Sleepless in Seattle? Our favourite movies tend to grab our imaginations, and there can be little doubt that they also boost tourism to the often idyllic locations they portray. But what effect do the movies have on the price of real estate in these areas?

It’s difficult to state categorically that all famous buildings or places cash in on the fact that their images have been splashed on the big screen and that these locations being situated in popular areas means you are going to pay more.

London property is notoriously expensive: a three-bedroom flat with views of the Thames and Tower Bridge, for example, is on the market for £7m (about R126m).

Pretty much the same can be said for Paris, as areas surrounding the Eiffel Tower

Iconic film locations sell for a pretty pennyHave you ever thought about gazing out of your window at the Eiffel Tower, or imagined living near Tower Bridge? Lea Jacobs did a little snooping and has uncovered some beautiful properties for sale in famous places

tend to be upmarket. In case you were wondering just how expensive property is in this area, there’s a luxurious two-storey penthouse on the market for €45m (about R630m). It’s not just the view you are paying for in this instance — the property includes eight bedrooms, 10 bathrooms and the exclusive use of the rooftop terrace.

The Vatican attracts millions to Rome every year, and the idea of living in the heart of this historic city will undoubtedly cause more than a few hearts to flutter. There is a “magnificent penthouse” with 264m2 of living space and 180m2 of terraces. It is listed as offering “panoramic views of the rooftops of Rome”. Just 300m from the walls of the Vatican, its price tag of £1.528,800m (roughly R28m) includes a 45m2 private garden.

Things don’t look all that different across the Atlantic, although, once again, the properties close

to iconic landmarks are generally situated in well-to-do areas, which is always going to boost the price.

A home built in 1918 and which enjoys a vista of the Golden Gate Bridge and spectacular views of San Francisco is selling for $5.25m (about R57m).

Those who long to live on Fifth Avenue, New York, home to some of the city’s most beautiful mansions, had better have deep pockets. Situated close to Central Park and in the same street as the Empire State Building and the Rockefeller Centre, a two-bedroom property will set you back $7.999m (close to R88m).

It appears that most of us will have to make do with gazing at some of the world’s most famous landmarks from the comfort of our armchairs, or join the rest of the pack by becoming a simple tourist. There’s a steep price attached to living the high life in exotic locations, and for the vast majority it will remain a dream.

Those who long to live on Fifth Avenue, New York, home to some of the city’s most beautiful mansions, had better have deep pockets

Franschhoek +27 21 876 2100, winelandsint@pamgolding.co.za | Paarl +27 21 871 1480, paarl@pamgolding.co.zaHermanus +27 28 312 1110, hermanus@pamgolding.co.za

Cape Winelands to Whale Coast

FRANSCHHOEK R4.5 millionThatched-charmer. This North-facing home has wonderful mountain views and a pretty garden. Beds: 3 Baths: 3 Garage: 2 Web Access FWI1180167Doug Gurr 072 610 7208, Office 021 876 2100

PEARL VALLEY R12 millionNestled between Franschhoek and Paarl. This estate offers an exclusive lifestyle in the heart of the Cape Winelands. Beds: 5 Baths: 5 Garages: 2 Web Access TK1179499Jordan Greenhalgh 083 298 1481, Ronel Pienaar 082 556 2433

HERMANUS – EASTCLIFF R3.72 millionProminent business property for sale. Additional 3-bedroom flatlet. Beds: 6 Baths: 4 Off street parking: 6 Web Access HF1147163Santa Bedeker 082 772 7052, Office 028 312 1110

HERMANUS – VOËLKLIP R3.95 millionWithin walking distance of Langbaai and Kammabaai. Mountain and sea views. Well positioned on large stand.Beds: 5 Baths: 5 Garages: 3 Web Acccess HF1165977 Paulette van den Bosch 082 349 8265, Office 028 312 1110

HERMANUS – VOËLKLIP R6.5 millionSituated between Grotto and Voëlklip beaches. Charming, renovated home with lovely finishes and style.Beds: 6 Baths: 3 Parking: 2 Web Access HF1061318Rose-Marie Marais 082 877 6160, Office 028 312 1110

FRANSCHHOEK R3.6 millionCabriere street cottage. This quintessential Franschhoek cottage is the perfect lock-up-and-go or holiday rental property.Beds: 3 Baths: 3 Garages: 1 Web Access FWI1162582Shelly Schoeman 083 301 8833, Office 021 876 2100

FRANSCHHOEK R10.5 million + vatExceptional smallholding. Perfectly positioned with agricultural and commercial zoning in place. Beds: 4 Baths: 2 Parking: 25 Web Access FWI1180467/1Jeanine Allen 082 410 6837, Office 021 876 2100

DE UITZICHT GENTLEMAN’S ESTATE, PAARL R1.85 millionLife in the country, just as you dreamed of. Well positioned vacant 6ha small holding.Web Access TK1001309James Visser 082 578 2161

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RESIDENTIAL SALES & MARKETING • RENTALS • DEVELOPMENTS • HOME LOANSContact: Liana Joubert: 083 411 4537 / 011 880 3550.

Fresnaye – R15.95 million Paradise Found! Uber stylish lock up and go with 3 exquisite en suite bedrooms. A master piece in design and sophistication. Fabulous flow from lounge & dining room to North facing pool & deck with beautiful views. Don't miss thisone. Stacey Janit 076 337 4888 | Glenn Goldberg 083 658 3427 | Sandra Scher 083 456 2737 | Web Ref: 82440

Inanda – Offers from R12.9 millionA contemporary masterpiece in this prince of positions on 1813sqm. 3 reception rooms flowing onto covered patio with built it in braai. Self-contained bedroom wing with 5 bedrooms en suite and study. Beautiful and Spacious kitchen,pool, double staff suite and garaging for 3 cars. Asking R14 million. Joan Mendelsohn 083 267 3124 | Lynne Baker 082 493 1006 | Web Ref: 81478.

Parkhurst – R5.75 millionFabulous Renovation, elegant contemporary home, reflecting taste, style, space and quality. Entertainers dream home. Open plan lounge, dining room, exceptional kitchen, onto entertainment patio. Rim-flow pool. Main bedroom withen-suite bathroom and dressing room. 2 bedrooms en-suite bathrooms. Study / 4th bedroom. Staff accommodation. Good security. Double garages. Lorraine Hurdus 072 803 0516 | Andre Du Plessis 083 601 8085 | Web Ref: 84735

Plattekloof

www.pamgolding.co.za/plattekloof

A Rare find in Plattekloof. Situated in a prime upmarket area, against the Tygerberg Nature Reserve, and overlooking the Cape Peninsula. A gorgeous English-style, colorful garden surrounds this contemporary architect-designed home. Built with unique features ensures this is a one-of-a-kind property. Double-volume entrance hall.

Bedrooms: 4 Bathrooms: 5 Garages: 2 Web Access 1PLA1173289Penny Petersen 083 261 7339Riccardo Mascis 073 051 1100

BARONETCY ESTATE, PLATTEKLOOF R8.3 million

Idyllic lifestyle. This sought-after estate offers the most exquisite views of Cape Town and prides itself on being an eco-estate with access to the nature reserve and a play-park for the children. This striking home dominates the surrounding skyline. It makes a bold statement with its daring style and progressive look. Built without compromise, it reflects only the very best. The bachelor flat is a bonus.Bedrooms: 4 Bathrooms: 4 Garages: 3 Web Access 1PV1109696Pierre Nel 076 967 3766 Dinita Hewett 082 898 4519

PLATTEKLOOF R5.495 million

www.pamgolding.co.za

GREEN POINT R3.4 millionSought-after Groenehof. This 2-bedroom cottage on a cobbled street in vibey Green Point village is like hen’s teeth - very rare. Walk to coffee shops, restaurants and the Green Point Urban Park. Bedrooms: 2 Bathrooms: 2 Web Access AS1192050

Marléne van Duuren 082 569 4657, Mandy Mitoulis 082 368 4218

BLOUBERGSTRAND R3.5 millionSIMONS TOWN R10.8 millionSEA POINT R6.5 millionPosition par excellence. Split level 3-bedroom home in Blouberg extension with sea views from lounge and balcony. Lovely granite kitchen. Entertainment room with glass dome ceiling and indoor braai. Jacuzzi room. Double garage. Bedrooms: 3 Bathrooms: 2 Garages: 2 Web Access 1TV1194713Rouvierre Kruger 083 540 8860

Exclusive coastal home. Overlooking Boulders Beach with spectacular ocean views.Bedrooms: 3 Bathrooms: 3 Garages: 2 Web Access SIM1044814

Rosalie Jack 083 658 4187, Alan Dunlop 083 415 4505

Absolute beachfront. Luxurious style and contemporary fi nishes in this striking apartment. Sunny north-facing with picturesque views of the beachfront from this grand entertainment space. Bathrooms are fi tted with the latest sanitary ware ensuring ultimate pleasure. Bedrooms: 2 Bathrooms: 2 Garage: 1 Web Access AS1193040Melanie 083 707 7033, Farrel 083 501 5015, Minette 082 457 2978

LANGEBAAN R3.89 millionBLOUBERGSANDS R470 000BLOUBERGRANT R1.75 millionYour personal paradise. Only a hour's drive from Cape Town, you will fi nd this modern, spacious home in the private security estate of Paradise Beach, Langebaan, the pictures will speak for themself. Entering this home you will be welcomed into your own paradise of calmness and style. Bedrooms: 4 Bathrooms: 5 Garages: 4 Web Access LA1194311Elise Vercueil 060 505 8548

Location counts – popular Bloubergsands. Your opportunity to become a property owner in the right area. This bedsitter with open-plan kitchen/lounge, and balcony will sell fast in this popular area - close to shopping centres, the beach and public transport.Bachelor: Bathrooms: 1 Parking: 1 Web Access 1TV1194597Dolly Hibberd 083 320 1323

Close to the beach with multiple dwellings in need of renovating. Perfectly located only metres from the Blouberg beachfront. Large home with high wooden ceilings, undercover enclosed patio with Koi pond/water feature plus 2 separate entry cottages at the back of the property.Bedrooms: 3 Bathrooms: 2 Garages: 3 Web Access 1TV1191257Melody Poynton 084 551 9844

Western Cape

ATLANTIC SEABOARD: Atlantic Prestige +27 21 439 1614, Camps Bay +27 21 438 3444, City Bowl +27 21 423 2150, Sea Point+27 21 439 7415SOUTHERN SUBURBS: Quadrant +27 21 673 4200, Newlands +27 21 685 7759, Tokai +27 21 701 0191 SOUTHERN PENINSULA: Fish Hoek +27 21 782 6440, Noordhoek +27 21 789 1921Simon’s Town +27 21 786 1612 WESTERN SEABOARD: Big Bay +27 21 554 0033, Blouberg +27 21 557 1115, Sunningdale +27 21 556 2362, Sunset Beach +27 21 551 8640,WEST COAST: Britannia Bay +27 22 742 1001, Langebaan +27 22 772 2196/9066, Paternoster +27 22 752 2668, Saldanha +27 84 517 3290, St Helena Bay +27 22 742 1001,Veldrif +27 22 783 1511, Yzerfontein +27 22 451 2188 HOUT BAY: +27 21 790 5940

NEWLANDS/FERNWOOD UPPER R5.5 millionCLAREMONT UPPER R8.4 millionPerfection. This superbly renovated 3-bedroom (2 en suite) house is compact with a beautiful landscaped garden, deck for entertaining, good fl ow from living rooms. Pool and tandem garage. Please phone to view. Bedrooms: 3 Bathrooms: 2 Garages: 2 Web Access NL1190805 Sole Agents: Vickie Francis 072 615 0332,Heather Turner 082 445 0041

Immaculate family home. Substantial home with mountain views and lovely established garden. Conveniently situated with 4 bedrooms, all en suite. Offers quality fi nishes throughout. Eat-in kitchen. 4-Car garaging. Pool. Staff quarters. Excellent security.Bedrooms: 5 Bathrooms: 4 Garages: 4 Web Access KW1188869Sole Agent: Sharon Ellis 082 467 9991

STONEHURST ESTATE• R 8 950 000ENTERTAINER’S DELIGHT

This double storey home is the perfect family home with amazing spaces for everyone to enjoy. Upstairs are 3 large bedrooms, all with en-suite bathrooms as well as a study. Downstairs is an open plan family room, lounge, dining room and spacious kitchen. The family room opens onto an enclosed north-facing veranda which overlooks the pool. Excellent 24hr security, lifestyle centre, gym are additional homeowner benefits of being part of this Mountain Estate.

MARION BOLTON 082 408 5041 marion@everitt.co.zaSALLY GRACIE083 459 9523sally@everitt.co.za021 712 5029

EAGLE CANYON• R11 500 000CONTEMPORARY STYLE HOME

Enter this magnificent home into double volume entrance hall and staircase. Gourmet designer kitchen plus scullery and laundry. Beautiful reception areas include a formal lounge, a TV room (separate children’s play room) and a formal dining room. The entertainer’s patio, leads on to the landscaped garden and pool. 4 Spacious bedrooms (all en-suite). A massive office, guest loo, staff quarters, underfloor heating and aircon. 4 Extra large garages, separate storeroom and workshop area.

ROZ 083 755 8933roze@everitt.co.zaZELDA 082 338 6219 zelda.reyneke@everitt.co.za011 801 2500

WEB REF: 3220554

BOSKRUIN • R2 350 000 STUNNING, SECURE LOCK-UP AND GO

This 3 bedroom, 2 bathroom cluster is designed for the family. 3 Reception rooms, covered patio with a braai, solar heated pool and a well established garden. Kitchen, separate scullery / staff quarters and a double automated garage and 24 hour security.LYN 082 893 2413 • lynm@everitt.co.za 011 792 5685

WEB REF: 3233363

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WEB REF: 3234626

WEB REF: 3140053

BEDFORDVIEW • R3 800 000 COMFORT AND CHARACTER EPITOMIZE THIS HOME!

This well-appointed 4 bedroom, north-facing family home has double volume entrance leading onto open-plan receptions.Well manicured garden with sparkling pool and covered patio. All enclosed in a sought-after, 24 hr access-controlled street. NATALIA 072 392 8421 • natalia.dias@everitt.co.za LUZ 082 444 9763 • luz.vazzana@everitt.co.za • 011 453 5599

WEB REF: 2559587 WEB REF: 3209088

BEDFORDVIEW • R4 150 000PRIME POSITION OFFERING DYNAMIC FAMILY LIVING!

This well-appointed 4 bedroom (1 en-suite) family home offers comfortable living with all the essence of home. Walk into 1 of 3 spacious receptions, patio with fitted braai, entertainment lapa, sparkling pool and lush surrounds. 1 bedroom flatlet. NATALIA 072 392 8421 • natalia.dias@everitt.co.za LUZ 082 444 9763 • luz.vazzana@everitt.co.za • 011 453 5599

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PLETTENBERG BAY • R 3 400 000 THE RIVER CLUB

A superb 4 bedroom en-suite fully furnished and equipped Victorian Caribbean home in this beautiful sought after riverside gated village. Just a hop, skip and jump from Plett’s famous Central Beach. Clubhouse, tennis courts, squash, swimming pool in the complex.LAURETTE STORM 083 281 4069 • laurette.storm@everitt.co.za044 533 5250

WEB REF: 253493WEB REF: 3140053WEB REF: 3230631

WEB REF: 3140053

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BRYANSTON • R4 500 000STYLE AND COMFORT

4 Large bedrooms, all en-suite bathrooms. 2 Balconies - 1 off the main bedroom. 3 Open plan receptions with sliders opening out to covered entertainer's patio, manicured garden with irrigation system and pool. Kitchen, separate scullery and 3 garages. 24 Hr security.LUCIANA 082 653 9545 • lucianas@everitt.co.zaDON 082 652 4497 • don.struthers@everitt.co.za • 011 463 2033

WEB REF: 3223028

GREEN POINT • R 1 700 000SPACIOUS SPLENDOR

Lock-up and go in a trendy apartment block in Green Point, with the benefit of a spacious garden/patio area. This 1 bedroom apartment offers a spacious living area with modern finishes and kitchenette. Bonus: Pet friendly.PETRICK FOURIE • 083 443 1929 • petrick.fourie@everitt.co.za 021 434 8755

WEB REF: 3224187 WEB REF:3233164

BRYANSTON • R2 685 000PENTHOUSE APARTMENT

Immaculate apartment in secure complex. Open plan lounge/ dining room. Large covered entertainer's patio. Neat kitchen with breakfast counter, granite tops and separate scullery. 3 Bedrooms, 2 bathrooms, guest cloakroom, 1 covered and 1 open parking bay.KEITH SMITH 082 572 1396 • keith.smith@everitt.co.za 011 463 2033

DE WATERKANT • R 3 000 000CITY LIFE, WITH VIEWS!

Spacious 2 bedroom unit available in Dockside, situated in the sought after De Waterkant. With more than 105m² this apartment really does allow you to live on the edge of the City. There is a pleasant, scenic outlook and wrap-around balconies extending your living area.PETRICK FOURIE • 083 443 1929 • petrick.fourie@everitt.co.za 021 434 8755

BRYANSTON • R15 999 000VIVE LA DIFFERANCE!

French Provençal masterpiece set on acre of land. A blend of imported luxury and functionality. Open plan living, covered entertainment patio, double volume beamed receptions and gourmet social kitchen. 4 En-suite bedrooms, private guest suite, gentle- man's study, bespoke wine cellar, separate entertainment area with indoor sauna /chilled dip pool/jacuzzi and temperature controlled water heating or cooling system. Outdoor lap pool, tennis court, staff suite and 3 garages.

ANNE BEEDLE 083 302 3842anne.beedle@everitt.co.zaMARLENE JOHNSON 082 342 3538marlene.johnson@everitt.co.za011 463 2033

WEB REF: 3195627

PLETTENBERG BAY • R 6 100 000 BEACH GUEST HOUSE

This 7 bedroom en-suite purpose built Guest House is positioned very close to the Beacon Island Hotel. Currently manager run, selling as a thriving going concern. Includes 3 star grading, website and international advertising. Very popular.DEON WESSELS 076 608 6038 • deon.wessels@everitt.co.za044 533 5250

SOLE MANDATE

WEB REF:3212031

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ON SHOW DAILY Visit the latest apartments on Saturday and Sunday

APARTMENT SALES CENTRE

Located at 41, 2nd Avenue, Off 2nd Street, Houghton,

On the Houghton Golf Course

Lawrie Kreeve – 083 310 2516

Frank Nel – 083 695 1188

Email – frank@thehoughton.com

SHOW APARTMENT

Unit 12018, The Houghton on the 12th

53 2nd Avenue, Houghton

Office – 011 034 2201

Alan Becker – 082 718 8100

Email – alan@thehoughton.com

Safe. Secure.

Surrounded by nature.

The Houghton Estate has everything you’d expect from a 5-star lifestyle destination – what more could you ask for?

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PLATINUMUNITS

Ranging from Three-bedroom en-suite to

penthouses

Price on request

By appointment only

ONLY ONE QUESTION REMAINS:

CLASSIC OR PLATINUM?

CLASSIC UNITS

Three-bedroom en-suite upwards to six

Starting from R6.9m