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PROPERTY & LIFESTYLE Neighbourhood RSA Our winelands How rosé is growing in leaps and bounds Turn to page 03 for more Nationally, the largest property marketplace in South Africa + 13 SEPTEMBER 2015 04 ROLLER DERBY NATIONAL SPOTLIGHT: FOURWAYS PROPERTY UNIT TRUSTS LANGEBAAN ON THE UP 17 08 14

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Page 1: Neighbourhood CT - 13 September 2015

PROPERTY & LIFESTYLE

NeighbourhoodRSA

Our winelandsHow rosé is growing in leaps and boundsTurn to page 03 for more

Nationally, the largest property marketplace in South Africa

+

13 SEPTEMBER 2015

04 ROLLER DERBY NATIONAL SPOTLIGHT: FOURWAYS PROPERTY UNIT TRUSTS LANGEBAAN ON THE UP1708 14

Page 2: Neighbourhood CT - 13 September 2015

Neighbourhood2 13 SEPTEMBER 2015NEWS & LIFESTYLE

PUBLISHED BY THE CREATIVE GROUP

9 6th Street, Parkhurst, 2193011 476 6293thecreativegroup.info

EDITORIAL TEAM

Group Editor: Claire [email protected] Director: Mark Peddle

ADVERTISING SALES: Visit yourneighbourhood.co.za or call 087 828 0423

Sales & Marketing Manager: Michèle Jones [email protected] Manager: Dylan Rothschild [email protected] (Editorial & Property Advertising): Lucea Goosen [email protected]

Editorial Consultant: Bridget McNultyChief Copy Editor: Yaron BlecherCopy Editor: Charis Le RicheArt Director: Leah de JagerDesigner: Megan CooperOnline Editor: Lauren Joubert

THE CREATIVE GROUP CEO: Shaun Minnie [email protected]

WORDS: KIT HEATHCOCK

IMAGES: SUPPLIED

TASTE FOR YOURSELF:

Open Door021 794 3010opendoorrestaurant.co.za

Opening doorsBrand new restaurant Open Door is at the heart of the new buzz at Constantia Uitsig

Restaurateur and sommelier Neil Grant of Burrata and Bocca continues his

successful partnership with chef Annemarie Steenkamp at Open Door, his new venture that is taking a step away from the Italian cuisine of their two city restaurants and embracing a contemporary approach that refl ects the wine-estate setting. Here, there is a sense of light and being out of doors. The internal arches have been raised, there’s a quiet but busy open kitchen and welcoming understated decor to transform the old school building that once housed the River Café.

The menu is short but varied with stylish and sophisticated dishes that show plenty of creativity. The tuna gravlax with avocado puree, green-olive beignet, and radish and celery salad was a lovely combination

of textures and fl avours, simple and well balanced; the braised lamb’s neck with butternut was meltingly tender and provided just enough contrast for the crunchy roasted vegetables. And the dessert selection, rather than trotting out crowd-pleasing standards, shows a playfulness that keeps the palate on its toes right till the end: think a delicate aniseed panna cotta o� set by guava and fennel compote and the crunch of crushed almonds, or a delightful buttermilk mousse with lime parfait and coriander emulsion served on crispy rye crumble, which already looks set to become a fi rm favourite.

This isn’t food that demands hushed concentration and serious tones. It is rather to be enjoyed in convivial camaraderie while making the acquaintance of the interesting

wines from the extensive wine cellar. Neil’s fi rst love is wine, so expect the o� ering to evolve constantly as he continues to discover wines such as The Blacksmith, a subtle blend of Cinsaut and Carignan, which we enjoyed with our main course. He encourages diners to try new wine varietals, and serves really good ones by the glass. In fact, it’s worth getting into conversation with him or sommelier Matteo to fi nd exactly the right wine for your meal.

Plans are underway to move the tasting room to the front to be near the restaurant, and landscaping the dam area overlooked by Open Door’s new terrace, which will no doubt be a popular summer breakfast spot. Fresh croissants by the in-house pastry chef and a full breakfast menu add to the o� ering this month.

What the team loves about where they live…

“I love the atmosphere of living in Gardens. There is almost an electricity and vibrancy in the air. I love sitting on my balcony and watching the people in the streets as they hang out with friends or rush off to their lives.” CHARIS, COPY EDITOR

“My neighbourhood, Somerset West, is special to me because it is tucked away between beautiful mountains, blue seas and a tapestry of vineyards.”MEGAN, DESIGNER

“I grew up in Table View. Apart from it being home, it reminds me of where I started as a child and where I am now as an adult. I’ve grown with my suburb, the people and the lifestyle. Green neighbourhoods, the ocean a short drive away… I love my neighbourhood for its natural beauty and lived memories.” LAUREN, ONLINE EDITOR

“What I love about living in Gardens in the City Bowl is how walkable it is. I can walk out of my fl at and be at a yoga class, there’s the City Bowl Market, picnicking in Company Gardens, or watching a movie at the Labia Cinema in fi ve minutes. It feels like home: like my own little neighbourhood.” BRIDGET, EDITORIAL CONSULTANT

“I love the architectural character of the city, from the colonial to the modern. I think it adds a richness that many other inner-cities in SA lack.” MARK, CREATIVE DIRECTOR

“Panorama is suburban living at its best. Large gardens, tall trees, meandering green belts and a variety of colourful parks that encourage family walks and create lasting childhood memories.” LEAH, ART DIRECTOR

“Devil’s Peak is a quiet, peaceful, friendly and safe neighbourhood, with fabulous bay views and Table Mountain as your backyard.” YARON,

CHIEF SUB EDITOR

“Edgemead is built on strong community ties, which I love. Plus the incredible small-town, family feel it has, with open space and multiple parks.” CLAIRE, GROUP EDITOR

Editor’s ExclusiveCLAIRE BARNARDO

Gardens

PanoramaEdgemead

Vredehoek

Table View

Somerset West

Page 3: Neighbourhood CT - 13 September 2015

Neighbourhood 313 SEPTEMBER 2015 NEWS & LIFESTYLE

ADVERTISING SALES: Visit yourneighbourhood.co.za or call 087 828 0423

Sales & Marketing Manager: Michèle Jones [email protected] Manager: Dylan Rothschild [email protected] (Editorial & Property Advertising): Lucea Goosen [email protected]

Not too long ago rosé wines were near the bottom of the vinous pile and something to be enjoyed

in the privacy of your own home. But as winemakers continue to craft drier, more complex rosés so the category has shu� ed o� its sickly sweet untrendy image to become a drink of choice on a sunny day.

The rosé taking up the most space in my collection right now is Thelema Sutherland Grenache. Although made on Helshoogte Pass above Stellenbosch, the grapes are sourced from cooler vineyards at Elgin. They have Grenache’s typical wonderful deep pink hue and the wine itself o� ers up plenty of berries on the nose and has a dry, crisp and refreshing palate.

Also taking full advantage of cool-climate varieties is Creation Wines in the Hemel-en-Aarde Valley. This winery, famous for its Pinot Noir and Syrah, adds a dash of Grenache to the blend that makes up its Whale Pod Spyhopping Rosé. Expect bright red berries and lingering notes of rose petal and pomegranate.

Think pinkSpring is in the air and summer on the horizon. In other words, start stocking up on roséWORDS: RICHARD HOLMES IMAGES: SUPPLIED

Not too long ago rosé wines were near the bottom of the vinous pile

Babylonstoren takes yet another approach to rosé, relying on Mourvèdre grapes to produce a pink stunner made in the Provençal style. The unadorned bottle puts their Mourvedre Rosé’s strawberry hue front and centre, and crisp red fruits and just a hint of spice in the glass.

On the other hand, Rosie D from Doran Vineyards in Voor-Paardeberg outside Paarl is a steal. This no-nonsense qua� er should always be on hand, nicely chilled, in any self-respecting summertime fridge. Made from Pinotage grapes by talented young winemaker Martin Lamprecht, it will benefi t greatly from a few blocks of ice and a shady spot. Rosie D has a hint of strawberry and rose-water in both its colour and aroma.

The same goes for the Grenache-dominated Lekkerwijn from Franschhoek estate Solms-Delta, which has a label that is as arresting as the wine is delicious. Expect freshness as well as intense fruitiness on the palate with hints of raspberry, strawberry and apple on the nose. It goes well with smoked fi sh, cold platters and nutty hard cheeses.

Page 4: Neighbourhood CT - 13 September 2015

Neighbourhood4 NEWS & LIFESTYLE 13 SEPTEMBER 2015

Over the past few years, the roller-derby craze has hit South Africa – and South African women in

particular. We chat to Hanlie Coetzee, a Storm Riders team member and project manager of the Cape Town Rollergirls marketing committee, to find out more.

Q: Whatisrollerderby?A: Women’s flat-track roller derby is

a contact sport played on an oval flat track. Each team consists of five members and the aim is for the four blockers to stop the other team’s jammer from passing them as they skate around a track by physically bumping them down or out of the track boundaries. (No hands, elbows, head and feet as well as contact above the shoulders or below mid-thigh are allowed.) The jammer scores a point for every opposing player she passes. A bout can look quite dangerous and chaotic, but there are a lot of rules to make it safer and there is a lot of strategy involved.

Q: WhenandhowdidCapeTownRollergirlscomeabout?

A: Cape Town Rollergirls represents several roller-derby groups in the city. We initially formed in May

We explore Cape Town’s roller-derby scene with the Cape Town Rollergirls

Cape Town leagues

whip it!WORDS:CHARISLERICHE IMAGES:GEORGERABEPHOTOGRAPHY

I still feel fear, but now I also

know how it feels to conquer it and that is what drives me HANLIE COETZEE, TEAM MEMBER,

STORM RIDERS

SEE FOR YOURSELF:

CapeTownRollergirlsfacebook.com/capetownrollergirls

JOIN THE TEAM:

Ifyou’reinterestedinbecomingaskatingreferee,anNSO(non-skatingofficial)orjoiningtheleague,[email protected].

2012 and operated as Mother City Mayhem but the rebranding, rebuilding and coalescing of various interest groups resulted in its dissolution late the same year. That was when Cape Town Rollergirls was established. The league currently has three home teams (Storm Riders, The Rev’ettes and Scrim Reapers) and a referee squad, the Cape Town Court Marshalls.

Q: Whatarethequalitiesandskillsneededtobeastarroller-derbyplayer?

A: You need to be determined to face your fear. In the beginning, the biggest obstacle that held me back was the last-second panic that stopped me from committing to a move. Once you get over that, your abilities progress. I still feel fear, but now I also know how it feels to conquer it and that is what drives me. As far as skills go, you will acquire them with the correct mind-set. Most of the women in our league had never skated before and have become national-level skaters within three years. So time, focus and dedication are key to becoming an all-star roller-derby skater.

Make It Mine

Page 5: Neighbourhood CT - 13 September 2015

Neighbourhood 5NEWS & LIFESTYLE13 SEPTEMBER 2015

WORDS: CHRIS REID IMAGES: AMOQ AND TOG

Make It Mine

Mass personalisation has been a growing trend for many years. As customers become

more aware of their options and specifi c in their tastes, they are no longer content with the same fi ve items in a store that are available to everyone else. There is a desire for objects and pieces that speak to the owner’s individuality, but at the same time people are less and less likely to make things themselves. And though there’s been a resurgence in heritage crafts like crocheting, sewing and even taxidermy, few people would be able or willing to make their own furniture.

In a recent Bain survey, respondents stated that they were willing to pay 20% more for products that were customised to meet their tastes. And as online retail becomes more and more popular, the trend towards such customisation is growing. The design brand TOG, for example, was launched with exactly this in mind. It creates ‘naked’ products and then allows buyers to customise them online or select a professional customiser to do it on their behalf. In South Africa, Amoq furniture is on a similar track with their open-top table legs. These allow users to take any fl at surface and turn it into a bespoke table.

As technology catches up with our desire to be di� erent, we’ll see more and more brands allowing customers to make their mark on their homeware. After all, why just keep up with the Joneses when it’s just as easy (and infi nitely more interesting) to set yourself apart?

SEE FOR YOURSELF:

Amoqamoq.co.za

TOGtogallcreatorstogether.com

WORDS: CHRIS REID IMAGES: AMOQ AND TOG

Mine

Page 6: Neighbourhood CT - 13 September 2015

Neighbourhood6 NEWS & LIFESTYLE 13 SEPTEMBER 2015

THE PROKARD REWARDS PROGRAMME allows

you to enjoy VIP treatment every time you stay: free

room upgrades, late check-out privilege’s and more.

You’ll also earn points which you can redeem for

free accommodation in future! Are you a member?

FOR BOOKINGS+27 21 430 5000proteahotels.com

A COSY COUNTRYATMOSPHERE IN A

TRANQUIL SETTING

RIEMPIE ESTATE

Wine Enthusiast WorkshopIf you wish to up your connoisseur skills, book a seat at the Wine Enthusiast Workshop on 22 September at Ke-Monate Restaurant at Signal Gun Wine Farm, Durbanville. You will be introduced to Cape Wine Master and Maison de Teijger winemaker Charl van Teijlingen as well as be spoilt with an indulgent evening spent blind tasting 10 wines before sitting down to a designer three-course meal that is paired perfectly with the cultivar for the evening. On the menu are creamy beef strip vindaloo, lamb loin chops with blueberry thyme sauce and dark-chocolate and blackberry cupcakes with dark-chocolate ganache. While you don’t have to be a wine buff to enjoy and master the art of food and wine pairing, you will need to RSVP to book your spot.

LOCAL LOWDOWN

1

2WORDS: ANDY MÖLLER IMAGES: SUPPLIED & ISTOCK

Sunshine days are

back,so stop

whining and start

“wining” at these not-to-be-missed events

Need a break?

Check out these great

Neighbourhood accommodation

spots.

Page 7: Neighbourhood CT - 13 September 2015

Neighbourhood 7NEWS & LIFESTYLE13 SEPTEMBER 2015

Who needs a getaway... You do

[email protected]

www.avissafarirental.com

Etosha, Chobe, Okavango Delta, Vic Falls? Now you can...4/5 people from R800/day November 2015 to April 2016Minimum 14 days. T’s & C’s apply.

An Intimate Night of Music & WineContinue the Heritage Day culture overdose with some local fare at An Intimate Night of Music & Wine on 25 September at Lourensford Wine Estate. Sip a glass of 2013 Lourensford Chardonnay and enjoy music by the talented singer/songwriter Emma van Heyn from Somerset West, Durban duo Connecting Stars and New York-based Jann Klose. The show starts at 7pm and there will be a cash bar. Book for 10 people or more to receive a discount on ticket prices.

PIWOSA Wine Car Boot FairPutting a quirky spin on your garden-variety wine festival, Premium Independent Wineries of South Africa (PIWOSA) is having a Wine Car Boot Fair at Journey’s End Vineyards just outside Sir Lowry’s Pass Village today. Top boutique wine producers will show up in a variety of sexy retro vehicles to show and sell their wines from the boots of their cars. There will be competitions such as a Three Legless Race, Barrel Rolling and Water-biscuit Eating as well as a children’s corner with pony rides, face painting and a jumping castle, so do take the whole family along.

EXPERIENCE IT FOR YOURSELF:

Wine Enthusiast Workshop

Book your spot by emailing [email protected]

signalgun.com

An Intimate Night of Music & Wine

Book your tickets at Computicket:

bit.ly/1IZnAzw

PIWOSA Wine Car Boot

Tickets available at Quicket:

bit.ly/1OBEfhE

Read more about Andy Möller’s Mother City adventures on his blog:

iamonline.ninja23

Page 8: Neighbourhood CT - 13 September 2015

Neighbourhood

A convenient location, modern amenities, outdoor lifestyle and security – Fourways offers all this and more

Fourways WORDS: BELINDA MOUNTAIN IMAGES: PRIVATE PROPERTY

Spotlight on

NATIONAL SPOTLIGHT

Shining a light on SA’s featured neighbourhood

RSA

8 SPOTLIGHT 13 SEPTEMBER 2015

Page 9: Neighbourhood CT - 13 September 2015

Neighbourhood

spoilt for choice.

Restaurants and barsIf you love eating out, you won’t have to look far for great restaurants to visit in Fourways. Tracey loves The Peach Café on Camdeboo Farm, where you can pick your own fruit and enjoy the famous wood-fired pizza, while Lloyd says he loves exploring the various microbreweries in the area. Copperlake Brewing Co. is one of his favourites: grab some delicious sharing platters and then test out its Taster Tray, featuring eight locally brewed beers. The Steamworks gastropub is another great option: take in the impressive décor, sip on a few cocktails and enjoy a meal with some friends.

SecurityIf you’re looking for secure living, Fourways is ideal. Choose from high-density apartment complexes, townhouse developments, housing estates or lifestyle estates like Dainfern – all of which offer a level of safety and security that’s become a priority for many Joburg residents.

With its diverse range of properties, Fourways residents comprise a good mix of people, from students and young professionals to young families and retirees. From a suburb originally made up of smallholdings, its development has been staggering. With its amenities, convenient location and ‘small town’ feel while still being located close to the Sandton CBD, this isn’t at all surprising.

How does a

suburb with its origins in a dusty

four-way stop grow into one of the fastest-growing

commercial and residential hubs in the greater Sandton area?

The secret may be in its name. With easy access routes off the William Nicol

Drive, Witkoppen Road and the N1 highway, Fourways’ location is extremely convenient, whether you need to nip into the city for work or pack your bags for a weekend away in the Magaliesberg or Hartebeespoort. There’s more to this suburb than just its location, though. Here are seven more reasons why Fourways residents love living there:

Small-town livingFourways gives you the benefits of being close to the epicentre of bustling Joburg, but you still get the upsides of small-town living. Resident Tracey Cloete says that it’s not cramped like Sandton. “You don’t feel like you’re living in Joburg – it feels more like you’re living in a small town,” she says. Fellow resident Lloyd Moran agrees: “I love being able to walk around, ride our bikes and just generally not feel like we’re living in the middle of a city.”

The outdoorsFourways is the gateway to The Cradle, and its surrounding roads are packed with cyclists every weekend. In fact,

Cycle Lab, one of Joburg’s biggest cycling shops, is in Fourways, and

every Saturday and Sunday you’ll spot Lycra-clad warriors

sipping their cappuccinos while enjoying a hearty

breakfast after their early morning

ride. Tracey loves going on trail rides in the area as well as walks, while resident Stuart Browne cites the Dainfern golf course as one of his favourites in Johannesburg.

Shopping centresFourways has everything you need when it comes to retail therapy. With Fourways Mall on your doorstep, Broadacres Shopping centre a five-minute drive away and the Design Quarter up the road, you can choose from big-name retailers or smaller boutiques and everything in between. Pick up some groceries at the Broadacres Spar – considered by many to be the best in the country – meet a friend for coffee at the trendy Design Quarter or run errands at the mall.

MontecasinoWhether it’s catching the latest international comedian on tour, visiting the arcades with your kids or trying your hand at blackjack, Gauteng’s ‘Premier Entertainment Destination’ has a wealth of activities to keep the whole family busy. Resident Nadine Smyth says that The Bird Show at Montecasino is a definite favourite of hers. “My kids love running through the secret walkways and spotting brightly coloured birds and reptiles on their way,” she says.

Family-friendly Fourways has more than enough to keep families of all ages and stages happy. From family-friendly restaurants such as The Secret Garden at Norscot Manor and Pappachinos at Pineslopes to the Farmers Market every Sunday

where you can pick up some organic produce or heading down a

‘ski slope’ at Avalanche in Cedar Square –

parents and kids are

I love being able to walk around,

ride our bikes and just generally not feel like we’re living in the middle of a city LLOYD MORAN, RESIDENT

9SPOTLIGHT13 SEPTEMBER 2015

Page 10: Neighbourhood CT - 13 September 2015

Neighbourhood

BELLAIRS PARK

OLIVEDALE CEDAR LAKES

NORTHGATE

DAINFERN ESTATE

LONEHILL

NORTHRIDING

10 SPOTLIGHT 13 SEPTEMBER 2015

Page 11: Neighbourhood CT - 13 September 2015

Neighbourhood

Demand Properties for sale in Fourways comprise 19% of the total sale listings in the Sunninghill, Lonehill and Fourways area

20%15% of the interest is received (views) in properties for saleof the total rental listings

KINGFISHER PARK INITIATIVE

The Kingfi sher Park initiative was

sparked off by animal-loving Paulien

Swanepoel, an estate agent for

Adrienne Hersch’s Olivedale branch.

Teaming up with Pat Amerseder of

the Fourways Park Development

Association, the initiative looks to

run a campaign to get the community

more involved with the park. Exploiting

the vast potential starts with a weekly

clean-up of the pet-friendly park.

Adrienne Hersch Properties has

generously sponsored these clean-ups

for the next two months. Kingfi sher

Park is close to the hearts of many in

the community, from dog-lovers and

families to skateboard enthusiasts

alike. It is the fi rst of many future

projects, which include rustproofi ng

and painting palisade fencing, creating

a green patch of grass for picnics,

fencing off an area where kids can

play and separating the skateboarding

area from the dogs. The park-friendly

project is always looking for a friendly

face to volunteer for the cause and

welcomes the public to reach out

a helping hand.

[email protected]

082 562 7952

Fourways gives you

the benefi ts of being close to the epicentre of bustling Joburg, but you still get the upsides of small-town living

11SPOTLIGHT13 SEPTEMBER 2015

Page 12: Neighbourhood CT - 13 September 2015

Neighbourhood

Choose from high-density

apartment complexes, townhouse developments, housing estates or lifestyle estates like Dainfern – all of which offer a level of security that’s become a priority for many Joburg residents

R1,149m

R2,1m

R3,46m

R8,500

27% of properties for sale are houses, at an average asking price of

The average monthly rental for a two-bedroom apartment is:

is the average asking price of a typical two-bedroom apartment for sale

in Fourways

is the average asking price of 17% of properties for sale in complexes

Property prices in Fourways

12 SPOTLIGHT 13 SEPTEMBER 2015

Page 13: Neighbourhood CT - 13 September 2015

Neighbourhood

Fourways has more than

enough to keep families of all ages and stages happy

13SPOTLIGHT13 SEPTEMBER 2015

WATCH THIS NEIGHBOURHOOD COME TO LIFE AT

privateproperty.co.za/ fourways

Page 14: Neighbourhood CT - 13 September 2015

Neighbourhood14 13 SEPTEMBER 2015PROPERTY NEWS

Investing in property may be within your means

Many people aspiring to own property put it o� because they believe that investing

in property requires a great deal of money. However, property unit trusts make it possible to invest in more than one property without being very rich or even taking out a home loan.

Ricardo Teixeira, COO: BDO Wealth Advisors, says the benefi ts of investing in a property unit trust are liquidity, the opportunity to invest in properties such as shopping malls and o� ce blocks typically reserved for institutional investors, and the fact that it is a low-e� ort investment. He explains that, because they are listed on the JSE, investors may sell shares in a property unit trust even if the property itself is not being sold and the shares can therefore be transferred provided there are willing buyers at the ruling market price.

“Investors could have access to an investment spread across sectors and in di� erent locations for a capital

Why wait? Property unit trusts make it possible to own property now

WORDS: LISA DEWBERRY IMAGES: ISTOCK

investment of as little as R500 per month or a R10,000 lump sum. It is a low-e� ort investment as independent management structures take care of processes, such as rental collection and maintenance,” says Teixeira. Nadir Thokan, spokesperson: Pioneer Wealth Managers, says property unit trusts provide investors with the highest form of protection as they are highly regulated investment vehicles. He says the management and selection of underlying property portfolios are done by expert fund managers equipped with the necessary resources to consistently identify the best available opportunities. “They o� er investors the opportunity to retain the best investment talent who allocate capital to the best opportunities within the listed property market and provide access to the asset class without the hassle and costs of physically managing a property portfolio. The best way to gain exposure to a number of property investments through a single point

of entry is therefore to invest in a listed property unit trust. Thanks to increased globalisation, JSE-listed property companies also have signifi cant exposure to o� shore property investment opportunities, thus allowing investors to benefi t from global opportunities rather than local opportunities only,” he says. Neil Stuart-Findlay, portfolio manager: Investec Property Equity Fund, says property unit trusts allow everyone to invest in properties that ordinarily may have been beyond their means. He explains that property equity unit trusts allow those who have limited capital resources to gain exposure to commercial real estate.

“The minimum requirement for investing in a property equity unit trusts is less than the requirements for buying a residential property. Historically, the sector has delivered infl ation-beating returns aided by the underlying yield and growing income stream,” he says.

Page 15: Neighbourhood CT - 13 September 2015

Neighbourhood 1513 SEPTEMBER 2015 PROPERTY NEWS

The people in the neighbourhood are always walking, running and cycling

Analyse itPATRICK CAIRNS

Income is not wealth

We believe that the more we are able to buy, the richer we are, and so we equate income with wealth. However, the truth is that being wealthy is not about how much you spend. It is about how much you are able to save

It is di� cult not to feel fortunate to live in a modern world where healthcare is sophisticated, travel is

easy and technology simplifi es so much. We have come an enormously long way since 150 years ago when penicillin did not exist, overseas travel meant months on board a ship and Thomas Edison had not yet invented the electric light bulb.

This is a world in which having even a little bit of money gives us access to a lot more than anybody could have dreamed of before the turn of the last century. That is a great blessing, but it also brings with it a very large challenge.

Having access to so much means that there is no end to the things on which we can spend our money. We are a world of consumers, and we are encouraged to consume more at almost every turn.

The result is that we believe that the more we are able to buy, the richer we are, and so we equate income with wealth. However, the truth is that being wealthy is not about how much you spend. It is about how much you are able to save.

As South Africans, we have a big problem in this regard. Our savings rate of 15,4% of the GDP is among the worst in the world. This is not because we don’t earn enough or our cost of living is too high. In China, earnings are lower but their savings rate is 50% of the GDP. In Australia, where the cost of living is much higher, the savings rate is 22,5% of the GDP.

A big part of our problem is that we are too easily seduced into debt. Household debt as a percentage of household income in South Africa is now at 80%. We are borrowing more than we are saving.

That may mean that we have money to spend in the short term, but will be far poorer for it in the long term. We are making the wrong choices with our money.

In The Millionaire Next Door, authors Thomas J Stanley and William D Danko point out that the rich are not the ones who make fancy lifestyle choices and spend on assets that don’t appreciate. They spend less than they earn and get more pleasure from owning assets that grow in value like stocks, property and private businesses than from displaying a high-consumption lifestyle.

That doesn’t mean that you shouldn’t enjoy life, but rather that you should only spend what you can a� ord and more importantly save for yourself fi rst. Anything else is really just stealing from the future you to pay for your current pleasure.

There’s nothing more exciting than moving into a new neighbourhood. Here’s what Linda Hanekom loves about her new home in Lonehill

New to the neighbourhood: LonehillWORDS: RIEKIE HUMAN IMAGES: SUPPLIED

NATIONAL NEWS STORY

Opening the door to different neighbourhoods in SA

RSA

FIND OUT MORE ABOUT

YOUR NEIGHBOURHOOD

Visit Private Property atprivateproperty.co.za.

L inda Hanekom’s lovely new home in Lonehill is picture perfect, complete with a thatched roof,

double-volume living spaces and a huge garden – making it absolutely ideal for her and her two children. What’s more, it boasts four bedrooms and is a wonderfully spacious home base for her family. She bought it with the help of the Fourways branch of Rawson Properties, who handled the sale.

Q: How did you fi nd the property?A: I searched for properties online on

Private Property. I also looked at what was on o� er in the property listings of weekend newspapers.

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

A: How long it can take to put the right fi nancing in place – and everything that’s involved in getting this done.

Q: What do you love about your home?

A: I love that I have space for an inside studio and that I will be able to work from home comfortably. The manageable garden is also very well established, there’s parking space for extra cars and it has good security.

Q: Did you know exactly what area you wanted to live in?

A: Yes. Lonehill defi nitely was where I wanted to settle and live.

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

A: I totally love that Lonehill has lovely parks – and that the people in the neighbourhood are always walking, running and cycling. It’s also great that there is such a healthy cross-section of age groups – from young to old – who live in the area.

Q: What’s your favourite Lonehill coffee spot?

A: The local Mugg & Bean!

Page 16: Neighbourhood CT - 13 September 2015

NeighbourhoodNEWS & LIFESTYLE16 13 SEPTEMBER 2015

Want to see more on what’s

happening in your hood?

Visit yourneighbourhood.co.za

* Selected areas only. Excludes Express edition.

PROPERTY & LIFESTYLE

NeighbourhoodYour property guide and show house listings in the Sunday Times.*

With SpaceBox, XtraSpace’s latest o� ering, you’ll never have to leave the

house or the o� ce: when using this unique storage service, every move you make can be done online. We spoke to Hajalmar Venter, co-founder and CEO: SpaceBox, to fi nd out more about this exciting service.

Q: What makes SpaceBox the perfect solution for South Africans?

A: South Africa is incredible and unique in many ways. However, our love of convenience, expensive real estate and a shortage of space in high-density nodes pose unique challenges. SpaceBox provides an elegant solution for this.

Q: Will using the service provide

peace of mind with regards to the security of possessions?

A: We’ve put a number of checks and balances in place and communicate with our clients every step of the way. When sending your SpaceBox for storage, we seal the boxes in your presence with uniquely coded, tamper-proof seals. The codes on theseals cannot be duplicated and are linked to the box’s barcode as well as displayed on your online box inventory to create complete transparency throughout the entire process. This verifi es that your box has not been tampered with while in storage or while it is being returned to you. Security is our top priority and we’ve invested heavily in all aspects of the service process.

Q: Where do you see SpaceBox

going in the future?A: The business model is solid. Monthly

storage costs are calculated to

XtraSpace, the national space provider, is bringing us a whole new division offering door-to-door

personal storage with SpaceBox

provide a simple and a� ordable solution to an obvious problem, and are paid electronically at the beginning of each month, thus minimising bad debt and avoiding risks associated with cash handling.The timing is right. Of course, we need consumers to embrace e-commerce, but with smartphone use growing daily and broadband getting cheaper, coupled with property and living spaces becoming smaller and more expensive, it’s an industry with massive growth potential. With a healthy stakeholder relationship, I believe the future of SpaceBox is very bright indeed.

Q: What makes SpaceBox’s

relationship with XtraSpace so fundamental to its success?

A: Being a startup, SpaceBox is entrepreneurial at heart, technologically focused and customer-centric. XtraSpace is the leader in the South African storage industry with a vast network of facilities and a wide base of happy customers. That type of expertise, infrastructure and pioneering mind-set provides a strong support system and make for a unique relationship.

Q: What do you see as the biggest

plus of SpaceBox’s service? A: The sheer convenience it brings to

decluttering and creating space. Q: Do you think SpaceBox will

spark a craze for similar concepts around the country?

A: It would be naive to assume that the concept won’t be copied in some way, shape or form. In fact, if global trends are anything to go by, it’s inevitable.

Innovative space

WORDS: MEAGHAN ESSEL IMAGE: SUPPLIED

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17PROPERTY NEWS13 SEPTEMBER 2015

WORDS: LEA JACOBS IMAGES: ISTOCK

The laid-back holiday town of Langebaan is becoming increasingly popular with people looking to settle there permanently

Living life in theslow lane

The ongoing development of the Industrial Development Zone (IDZ) in neighbouring Saldanha

is driving sales and rentals in the beautiful seaside town of Langebaan.

“Langebaan is the preferred residential area for those working at the Saldanha facility and several large companies, such as Sunrise Energy and Group Five, are already represented there,” says Riaan Redelinghuys, manager: Harcourts West Coast. “There are many subcontractors involved in the development too and it is expected that this will continue to boost the local economy – and the property market – over the next 20 to 30 years.”

According to him the town’s make-up has changed significantly in the last 10 years. “We estimate that about 60% to 65% of homeowners are permanent residents who work in Vredenburg or Saldanha, and we

expect this percentage to increase. There is still a demand for holiday or weekend homes but most buyers are looking for primary homes, and their preference is for three- or four-bedroom freehold houses with sea views.”

Private Property statistics reveal that the average price of a two-bedroom freehold property in the area is currently R950,000. A three-bedroom home will cost in the region of R1,83m and a four-bedroom property is selling for an average price of R2,6m. The average price of a one-bedroom apartment is R740,000 and a three-bedroom unit will cost in the region of R1,3m.

Jeanette van Dyk, area specialist: Chas Everitt West Coast, says the highest demand is for homes priced from R1,3m to R1,6m and for lower-priced houses, flats and units in Club Mykonos. For residential builders in the town, business is starting to boom

and many new units are being built on a speculative basis. Although there are many holiday homes available to rent, she says there is a shortage of well-priced properties for those looking to settle in the area permanently.

That said, many sellers have become more open to negotiating and sales are picking up steadily in the higher price ranges.

Property prices continue to rise steadily, mainly because of ‘purchaser migration’ from urban to rural areas. “We find that more and more city dwellers are looking for the peace and secure lifestyle of the West Coast, and are moving there permanently.

“At the moment Langebaan is seen as one of the more popular ‘holiday towns’ where buyers are finding the tranquillity and more relaxed and relaxing type of life they seek,” Van Dyk says.

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Neighbourhood

Neighbourhood

SHOW DEVELOPMENTS

1913 SEPTEMBER 2015 SHOW DEVELOPMENT

visit yourneighbourhood.co.za/developments

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20 SHOW DEVELOPMENT 13 SEPTEMBER 2015

Design a living at

Find your perfect home today in this beautiful Bryanston development

The Cambridge

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Balwin Properties has been developing spectacular townhouses since 1989. The company started off developing property in the south of Johannesburg, and has since grown to the north and east. Balwin Properties is turning over a new leaf, inspired by four brilliant directors. They are continually evolving to produce ecofriendly products and facilities within each of their new and exciting developments in order to reduce their carbon footprint. Every new development produced by Balwin Properties, is tailor-made to meet their customers’ needs and improve their standard of living and lifestyle.

13 SEPTEMBER 2015 SHOW DEVELOPMENT 21

Where we live, where we work or study, where we relax and where we play are all integral

to designing the perfect lifestyle, a lifestyle that is truly unique to our needs and wants, and focused on quality of life. Choosing where we make our home is therefore arguably the most important decision in this design process.

The Cambridge will be a truly unique blend of trendy urban living and chic design style. Perfect for young professionals, couples, small families and those looking to scale down into retirement, the 440 one-, two- and three-bedroom apartments at the development o� er exceptional fi nishes, features and facilities at an exceptional price.

Situated in one of Johannesburg’s most sought-after suburbs, beautiful Bryanston, The Cambridge is as much a lifestyle choice as it is a property purchase. Ideally located for easy access to main commuter routes in and out of business centres, and close to some of the best restaurants, pubs, clubs and entertainment venues in Johannesburg, this lifestyle estate is going to be an

obvious favourite with professional singles and couples who work and play in Johannesburg North.

Each apartment comes fi tted with ecofriendly appliances such as a washing machine and tumble dryer, fridge and dishwasher and prepaid water, gas and electricity meters. The apartments have top-quality fi nishes and are designed to provide as much natural light and privacy as possible. Each home has a patio or balcony that creates a convenient indoor-outdoor living space.

All residents will have access to an on-site Lifestyle Centre comprising a restaurant, swimming pool and boutique gym to add value to their lifestyle far beyond the front door of their apartment. These leisure and sports facilities o� er residents the exclusive use of a top-quality facility and equipment.

With so many facilities on-site and quick access to the shopping, entertainment, healthcare, education and business destinations in Johannesburg North, it will without a doubt be easy to design your own style of living at The Cambridge.

LAUNCHING 17 SEPTEMBER

For more information:Jimmy, 083 626 6901Linda, 083 307 [email protected]

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Neighbourhood 2313 SEPTEMBER 2015 MARKETPLACE

MARKETPLACEArea Guide Agency Guide

ATLANTIC SEABOARD

Camps Bay 35

Green Point 35

Seapoint 35

Three Anchor Bay 35

CITY BOWL Gardens 35

WESTERN SEABOARD Atlantic Beach 34, 36, 39

Big Bay 27, 31, 32, 39

Blouberg 27, 33

Bloubergrand 32, 39

Bloubergrise 31

Bloubergstrand 27, 32, 33

Century City 31

Duynefontein 36

Eden on the Bay 33

Flamingo Vlei 32

Milnerton 33, 39

Parklands 27, 31, 32, 33

Sunningdale 31

Sunset Beach 39

Table View 31, 32, 33, 39

Van Riebeeckstrand 27, 31, 36

Waves Edge 31, 32, 39

WEST COAST

Langebaan 30

Yzerfontein 39

NORTHERN SUBURBS Kenridge 28

Plattekloof 29

Welgedacht 28

BOLAND, OVERBERG

& HELDERBERG Boschenmeer 28

Hermanus 28

Paarl 24, 28

Somerset West 28

Strand 28

Voelklip 28

Westcliff 28

Atlantic Beach Estate 34

Beach Rd Properties 36BetterLife 37Blok Urban Living 40Chas Everitt International Property Group 35ERA Real Estate 33Leapfrog Property Group 36Pam Golding Properties 28 - 31Re/Max International Property Group 25Seeff Properties 32Sotheby's international Realty 26 - 27Val De Vie 24

Classifieds:Atlantic Beach Property Sales 39ERA Real Estate 39Jawitz Properties 39Property CoZa 39Rawson Properties 39Rawson Properties 39Seeff Properties 39

Neighbourhood

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