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RSA R34.95 (incl. VAT) Other countries R21.90 (excl. Tax) Central Park, Gateway Town Centre Property decor, trends, luxury, design & real estate KWAZULU-NATAL Est. 2004, Issue 290 Winner of 10 publishing awards FEBRUARY / MARCH 2013 CENTRAL PARK AFFORDABLE LUXURY HERITAGE HOLIDAY HOME THE OYSTER BOX RED DAME OF KZN SMALL SPACES REINTERPRETED
Transcript
Page 1: The Property Magazine - Kwazulu-Natal February/March 2013

RS

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34

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incl.

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Propertydecor, trends, luxury, design & real estate

KwaZulu-NatalEst. 2004, Issue 290

winner of 10 publishing awardsFEbruary / March 2013

central Parkaffordable luxury

hErItagE holiday home

the oyster

box rEd daME

oF KZN

SMall SpacES

reinterPreted

Page 2: The Property Magazine - Kwazulu-Natal February/March 2013

Ranked #1 by PricewaterhouseCoopers in Wealth Management

Ranked #1 in the Business Day Investors Monthly Stockbroker Awards for Sophisticated Investors

Our #1 rankings are testament to our select investment services for discerning clients. Backed by our

seamless global investment offering, we cater for your individual investment objectives.

To find out more contact our Durban branch on 031 575 4000

or Pietermaritzburg branch on 033 264 5800

www.investec.co.za/wi

Ranked #1 In 2011 & 2012 by Business Day/Investors MonthlyStockbroker Awards for Sophisticated Investors.

Ranked #1 In the 2011 PricewaterhouseCoopers Banking Survey in Wealth Management.

Wea l th & Inves tment

Wealth ManagementStockbrokingPortfolio Management

Wealth & 1nvestment

Investec Wealth & InvestmentBranch Head - Durban

CRAIG HUDSON

Reflections on a very good year for equities

2012 proved to be a very good year for investors on the JSE, while it was

an exceptionally good year for investors in industrial shares. The All Share

Index delivered a total return (capital gains plus dividends) of about 26%

while industrials on average delivered over 40%. However, the resources

sector was a distinct underperformer. The difference in these returns from

industrials and resources was of the order of 33%.

Clearly, investing in the right sectors (as well as the right stocks) is very

important. The JSE Industrial Index realised 40% more than the Resources

Index in 2004 and 2009; while resources rather than industrials were

the right stocks to hold in mid 2006 and 2008. Over the past 10 years

industrials delivered much higher returns than resources: R100 invested

in the Industrial Index (with dividends reinvested in the index) would have

been worth R915 by 31 December 2012. The same R100 invested in the

JSE Financial Index would have grown to R522, while the R100 invested

in the Resources Index would have grown to a mere R370.

The Industrial Index is something of a mixed bag. It includes companies

that depend very little on the SA economy for their sales and profits. British

American Tobacco, Richemont, Naspers, SABMiller, MTN and Aspen

(among others) fall into this category of companies much more dependent

on global than SA growth.

The performance of the other industrial companies listed on the JSE is

heavily influenced by SA interest rates. The banks, retailers and listed

property companies fall distinctly into this camp. SA plays performed in

line with the industrial hedges in 2012 despite a degree of Rand weakness.

They were greatly assisted by stable and low interest rates.

What will matter in 2013 will be expected economic performance in the

form of earnings and dividend growth of industrial and resource companies,

not their respective price to earnings multiples. The case for investing in

resource companies would need to be made in the form of strength in

underlying commodity prices. The case for industrials would need to be

made on the basis of sustained good earnings growth, accompanied

by persistently low interest rates. A strong global economy, which is

necessary to drive commodity prices higher, will also be good for industrial

companies. This includes those SA economy plays that would benefit from

a stronger Rand (likely to accompany global economic strength) and the

lower interest rates and inflation associated with a stronger Rand.

The investment jury, as always, will be out on these issues. What the

market is not entitled to expect is for stock markets to perform generally

as well in 2013 as they did in 2012. That would indeed be a very pleasant

surprise. Prof. Brian Kantor

Contact Investec Wealth & Investment for more details.Durban 031 575 4000 or Pietermaritzburg 033 264 5800 Investec Wealth & Investment (W&I) a division of Investec Securities (Pty) Limited. 1972/008905/07. Member of the JSE Limited South Africa.

An authorised financial services provider 15886. A registered credit provider registration number NCRCP262.

71819 Propety KZN.indd 1 2013/01/18 2:58 PM

Page 3: The Property Magazine - Kwazulu-Natal February/March 2013

thepropertymag.co.za | 1

on the coverThe Kitchen & Tasting Room

@ Maison. Turn to page 11

for the full story.

22

on the coverCentral Park, Gateway

Town Centre. See page

20 for details.

Contents

22

40

decor

9 hot decor & design

Hanging out with Peter

Ford, plus interior

inspiration

trends

7 mixed origins La Grange moves onto the

Berea

8 hot Plate Fabulous foodie spaces and

products

40 trend Watch Show your home some love

with these red-hot products

luxury

10 hot indulgence Great products to keep your

summer flowing

32 Painting the horizon red

A luxurious destination –

The Oyster Box

design

13 think outside the box

Small spaces reinterpreted

17 the noble art Kritzinger Architects

designs a home fit for a

chief

22 the abcs of restoration

A good dose of restoration

and glamour is used to

create an unusual seaside

home

real estate

37 buy to let noW

Advice from Berry Everitt,

MD of Chas Everitt

International Property

Group

38 residential & commercial

Umhlanga Ridge gets ready

for the exclusive Summer

View apartment building

and for SA Home Loans’

headquarters

17

32

Page 4: The Property Magazine - Kwazulu-Natal February/March 2013

2 | February / March 2013

ed’s letter

This month we explore small spaces and how to use them to your advantage. Everyone’s home has that odd underutilised space under the stairs or a random wall that is too narrow for a framed picture. Or perhaps your problem with space is that you just don’t have enough of it.

I certainly live with this problem every day in my lovely apartment. It’s filled to the brim with gorgeous things (or ‘clutter’ as my husband calls it), and I battle for space daily. I am also a hoarder (something I have admitted to before) and it has been ascertained that small spaces and hoarding do not, in fact, go hand in hand. Surprise, surprise.

I would, truthfully, like to ignore the advice of Leonardo da Vinci and move into a huge new space, but I fear I would still fill it up quite quickly.

However, thanks to researching this feature, I have found some solutions to the problem of too little space, the main one being storage – a rare thing in old-school apartments like mine, but with a good eye and some innovative thinking, you can certainly solve most storage problems, as our article shows.

So I went on a storage crusade, built shelves for books, bought coloured boxes for toys, found plastic crates for winter coats, but I still find myself in a space

the ProPerty magazine

digital

visit thepropertymag.co.za for the

latest features.

folloW us on Facebook

and twitter:

facebook.com/thepropertymagazine

twitter.com/thepropertymag

subscribe

call 0860 100 209 (local) or

+27 (0)21 530 3112 (foreign).

Nicky Manson, Editor

pho

tog

rap

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rant

Diffo

rd

my (little) space

‘Small rooms or dwellings discipline the mind; large ones weaken it’ – Leonardo da Vinci

This month I really must have …

the sweet mirror from gervasoni is available

from the Modern home company – beautiful

wall decor for any size space.

modernhome.co.za

this contemporary chandelier from the Veneziani collection

from Glass & Glass. I may just have to move house to fit it in!

glassandglass.it; siriusliving.co.za

this beautiful piece of furniture called the instomi

stool, designed by Meyer Von wielligh, is available

from gdF design lab. gdfdesigns.com

that is overflowing with treasures. (Sorry. Clutter. Potayto, potahto.)

Yet, I am loathe to throw my stuff away, because it’s all beautiful and all holds some kind of sentimental value, whether it’s the tall bronze lanterns that were a wedding present and have never been installed or the Chinese pots from my late grandmother or the Indonesian paintings on canvas that lean against my wall.

I’m happier because of these things and so I have chosen to ignore the great master’s advice and instead live by the words of William Morris: ‘Have nothing in your houses that you do not know to be useful or believe to be beautiful.’ Of course, once again, my husband would disagree on my definition of ‘useful’ and ‘beautiful’ …

I wish you all the best for 2013 and hope all your spaces are beautiful and filled with love, light and laughter – even the small ones.

download your

FREE iPad app of

The Property Magazine.

Page 5: The Property Magazine - Kwazulu-Natal February/March 2013

For more information on this limited offer and how to save, contact us on (011) 800 4744 or [email protected] or visit our website at www.eskom.co.za/idm

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Now, can youafford not to?

“I can’t affordsolar water heating.”

especially since we’ll subsidise it

depending on the system you buy.up to the value of R8 900,

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Page 6: The Property Magazine - Kwazulu-Natal February/March 2013

4 | February / March 2013

editorialEditornicky manson [email protected] Editor Jennifer Platt [email protected] Subeditoryaron blecherFeature Writerscandace king, tammy sutherns

artSenior DesignerQuinton hoffmann

contributorsAndré Fiore, Genevieve Fisher, Gisela Nel

PhotograPherVal Adamson

distributionEzweni Magazine Distribution

advertising Gauteng & KwaZulu-NatalRegional Sales & Marketing ManagerJenni mccallumWestern Cape Regional Sales& Marketing Managermichèle JonesAccount Director Western Capesusan erwee

Account Director KwaZulu-Natalclaire veitchSales & Marketing Assistantbianca van deventerMedia CoordinatorPortia mbele

Published by media nova (Pty) ltdManaging Directortony vaughan [email protected] Managertaryn townsendAssociate Publisher Pretorialetlhogonolo sealetsaAssociate Publisher Namibiamynard slabbertFinance Managerleanne cox [email protected] Assistantsmicaela Paulse, eleanor scipioCollection Clerkcasmia gysmanSecurity ManagerJoseph khozaHousekeepernelly dlamini

saPoa Property Journalism awards 2011: Winner – Best Property Publication nedbank Property association awards 2010: Winner – Mover & Shaker Award (Tony Vaughan) Pica awards 2009: Winner – Special Award, Overall Publishing Excellence Pica awards 2008: Winner – Consumer Magazines, Largely Free Distribution, and Highly Commended: Editorial Excellence, Public Interest Writer of the Year (Ed  Suter) 20th sab environmentalist of the Year & Environmental Journalists of the Year Awards  2008: Winner – Merit Award, Print & Internet saPoa Property Journalism awards 2008: Winner – Best Property Publication, and Special Mention – Property Feature Journalist (Ed Suter) Pica awards 2007: B2B – Publishing Excellence, Leisure mondi magazine awards 2005: Winner – Foresight saPPi Pica awards 2005: Winner – Philip Tyler Trophy for Innovation in Magazine Publishing brandhouse media owners challenge awards 2005:Winner – Innovation in Publishing saPPi Pica awards 2005: B2B – Highly Commended mondi magazine awards 2004: Industry – Finalist

Launch Edition: April 2004

gauteng 49 6th Street, Parkhurst, Johannesburg, 2193.Phone +27 (0)87 230 0101

namibia Phone +264 (0)61 248 161 Fax +264 (0)61 245 942

subscriPtion enQuiries Email [email protected] Online magsathome.co.za Local Phone 0860 100 209 Fax 0866 704 101

International Phone +27 (0)21 530 3112 Fax +27 (0)21 530 3143SMS 41871 with reference ‘Property Magazine’ (R2/SMS) for subscription enquiries

editorial enQuiries General [email protected] Society [email protected].

Hot Property [email protected]

Print edition published monthly in four regional issues: Western cape, Johannesburg, kwazulu-natal and Pretoria

Current ABC Audited Circulation (Q3 2012, July - September):Western Cape – 22 400, Johannesburg – 17 557, KwaZulu-Natal – 12 152.

Pretoria print run – 10 000Web stats: Property Club Members – 24 884AMPS National Readership (2011A): 287 815

disclaimer The publisher and editor of this magazine give no warranties, guarantees or assurances and make no representations regarding any

goods or services advertised within this edition. Copyright Media Nova (Pty) Limited. All rights reserved. No portion of this publication may be

reproduced in any form without prior written consent from Media Nova (Pty) Limited.

The publishers are not responsible for any unsolicited material.

on this month’s coversJohannesburg: makana house, eastern capeWestern cape: Private home, simon’s town

Pretoria: the oyster box hotel, umhlanga rockskwazulu-natal: central Park, gateway town centre

distributionregional circulation ABC Audited National Circulation (Jul.–Sept. 2012)The Property Magazine – Western Cape 22 400The Property Magazine – Johannesburg 17 557The Property Magazine – KwaZulu-Natal 12 152

The Property Magazine – Pretoria (unaudited) Print run: 10 000

the ProPerty magazine kWazulu-natal distribution8 925 copies free-to-home in the following areas (including residential estates): Berea MusgraveMorningside Windermere Beverly Hills Cowies Hill Waterfall/Kloof Hillcrest MaytimeUpper Umhlanga Lower Umhlanga Upper La Lucia Lower La Lucia Prestondale Broadway Mount Edgecombe HiltonWembley Ballito Umdloti

national distributionRetail:CNAExclusive Books (select stores)SparAirport-based retailers

free viP distribution – national& internationalAirlines and Luxury Railways (Rovos Rail)Air Namibia – Domestic & International fl ightsHRG Rennies Travel Premier Club LoungesSouth African Airways – Domestic& International LoungesCape Aviation Business CentreBIDAir Premier Lounges

Plus free distribution to viPs in these sectors:PropertyMediaAdvertisingMarketingNational and localgovernment-related industries

international distributionSelect servicesShowroomsIndustry-related businesses and eventsNamibia-specific distributions

additional free distribution –national & internationalDecor housesBanksTop industry-related businessesGolf clubsRestaurantsCoffee shops

4 529 copies to luxury outlets:The Boat House The Vineyard on Ballito Zimbali Lodge Fairways Lodge Teremok Marine La Bordello Madeline Grove B & B The Palms Guest House Essenwood House The Balmoral Phezulu Game Estate The Royal Hotel Riverside Hotel & Spa Sica’s Guest House The Westville Hotel Endless Horizons Boutique Hotel Quarters Hotel The Manor House Fairway Guest House Docklands Hotel

National Readership287 815(amPs 2011a)

The Property Magazine is now available on all domestic and international Air Namibia Flights!

RS

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.95 (

incl.

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R21.9

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excl.

Tax)

Centr

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Propertydecor, trends, luxury, design & real estate

KWAZULU-NATALEst. 2004, Issue 290

Winner of 10 publishing awardsFEBRUARY / MARCH 2013

CENTRAL PARKAFFORDABLE LUXURY

HERITAGEHOLIDAY HOME

THE OYSTER

BOX RED DAME

OF KZN

SMALL SPACES

REINTERPRETED

Property thepropertymag.co.za

medianova.co.za

Page 7: The Property Magazine - Kwazulu-Natal February/March 2013

Property involves us all. What’s your view? Email [email protected].

You tell us

WinWrite to us and stand a chance of winning one of five R1 000

gift vouchers from the laser beautique. to enter, simply email

us at [email protected] with the word ‘beautique’

in the subject box. the competition ends on 31 march 2013.

Ts & Cs apply.

The Laser Beautique’s services include state-of-the-art, pain-free

laser hair removal, pain-free laser lipolysis, non-surgical liposuction

for face and body, facelift alternatives, skin-tightening, body-

contouring, anti-ageing, slimming, facial and body peels, eyebrow

design and more.

This tried-and-tested business concept is now also ready for

franchising in Johannesburg, Pretoria, Cape Town and Durban. For

more information contact Tzvia Hermann on +27 (0)76 895 2068 or

email [email protected].

facebook.com/thepropertymagazine twitter.com/thepropertymag

thanksLoved your Xmas Gift Guide – what a lovely selection of unique foodie and wine gifts. Such a help when Christmas suddenly creeps up on you.Chris, Parkhurst

They helped us with our very last-minute shopping sprees too. – Ed.

sWeet deliveryMy favourite part of the month is when The Property Magazine appears miraculously in my postbox – such a sweet treat. I then devour the pages and dream of one day owning one of the houses showcased in your magazine – gorgeous. Here’s to a new year filled with more treats.Anon

Look out for even more beautiful homes in our next issue. – Ed.

dining outYour Property Dinners look like such fun – I wish I could invite you all to my next dinner party.Carol, Fourways

Send us an invitation. – Ed.

WinningLetter

FIRE DETECTION

For State of the Art

Security, by Design

We design a security solution around your lifestyle and

needs, ensuring that the design complements your architecture.complements your architecture.

People looking after people

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Projects Department on 031 203 5200

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Page 8: The Property Magazine - Kwazulu-Natal February/March 2013

DONT MISS OUT!

www.umdonisites.comPrices from R250 000 to R700 000

This development offers the discerning investor the unique opportunity to invest in an exclusive eco reserve with

wonderful natural beauty, situated close to Durban and the amenities of the Kwazulu Natal South Coast.

The Umdoni Point Beach Estate is a pristine, exclusive residential estate situated on the edge of Pennington

village. The Reserve, which has been held in trust for the last 118 years, is one of the last undeveloped pieces of

coastal land on the Kwazulu Natal South Coast....

KwaZulu-Natal South Coast

Hidden in one of the best parts of the South Coast the "Big fisherman" 5 Bedrooms, 3 bathrooms, 2 en-suite. Lounge, dining room, big covered veranda with heated pool and braai area. Includes a garage and staff quarters with alu-

minium windows and doors. On the beach with a gate that opens out onto the beach. 1 hour from Durban. Price: R3.5 million.

The Best of the KZN coastline

Contact 031 701 1069 or 082 450 9641

Rob le Sueur: +27 (0)82 450 9641Chris le Sueur: +27 (0)84 555 0982

Office Tel: +27 (0)31 701 1069

Page 9: The Property Magazine - Kwazulu-Natal February/March 2013

thepropertymag.co.za | 7

HOT PROPERTY

HOt space

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Val A

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1ash wood chandelier with adjustable arms. 2acacia side table with iron lamp from recycled glue

buckets. 3Bentwood floor lamp, crochet wire stool, handmade striped kelim, natural linen slipcover

sofa. 4top gear mirror frames. 5covered antique books, Dutz glassware and metal hurricanes.

Visit thepropertymag.co.za for additional

hot spaces.

mixed orIgINS3

2

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1

It may be a little bit of this and a little bit of that, but it works. And its charismatic new showrooms at 187 Montpelier Road work too. La Grange has moved into the Berea, bringing with it Sumari Krige’s compelling

assortment of hand-selected furniture, accessories and antiques from far and wide and positioning the collection in the heart of the Berea’s design quarter.

The airy, quaint showrooms offset the collection well and promise unique finds at every turn. The goods consist of a mix of old and new items – a blend of classic, contemporary and industrial that, above all, promise easy, elegant living.

From Europe comes a constantly changing selection of one-off items, including servers, tables and armchairs sourced from artisan workshops and offbeat antiques stores. From India is a collection of cast aluminium lamps and accessories whose funky, worn-metal, industrial look is fresh, contemporary and alluring. From Indonesia is a wide offering of kubu cane and rattan smalls and furniture. Environmentally friendly and handwoven, these products are available in a selection of different finishes – antique lacquer, light grey, old grey and whitewash – all imbued with that necessary dollop of colonial elegance.

The Dutz collection, in smoky pinks, greys, blues and whites, is a range of handmade glassware from Eastern Europe. It boasts edgy designs and good lines, and each piece is unique.

La Grange also has its own collection of specially designed furniture and lighting: Gmelina mixes classic forms with pared-down sensibility and is crafted from fine woods, such as American white ash, black walnut and mahogany.

With indoor and outdoor offerings, at La Grange there is lots to look at and loads to love. +27 (0)31 312 2068, lagrangeinteriors.co.za

An old house, an eclectic collection – and some very tempting shopping

Page 10: The Property Magazine - Kwazulu-Natal February/March 2013

8 | February / March 2013

HOt pLate

lucy markeWicz is a consummate

juggler of all things edible. She’s part

owner of Lucy’s Cake Shop, consultant

to the food service industry – creating

menus, writing recipes and training staff –

and Neil Roake’s restaurants, contributor

to the Sunday Times Food Weekly and

a member of the Food Production team.

Plus, she’s recently taken over the chef’s

hat at the fabulous Freedom Café.

is baking a passion or did you train for

it? I grew up with a mom who loved

to bake, and my fondest childhood

memories are of my birthday cakes! In my

early twenties, food became my passion

– I love to feed people! I started baking

for my friends’ kids’ birthday parties

and for dinner parties. I am essentially

self-taught but have been taught by

customers and contemporaries alike. My

family and friends are where I draw my

inspiration from, along with blogs and

websites I follow. I have since qualified

through City & Guilds. When did you

turn your hobby into a business, and

why? Maya Angelou says, ‘You can only

be truly accomplished at what you love.’

And so, in 2003, I started baking for the

Shongweni Farmers’ Market to see if I

could turn my love of food into a career. I

looked for premises, and in 2004, Vanille

Café & Patisserie was born, and as an

extension, Lucy’s Cake Shop, a bespoke

online patisserie. What’s the current cake

trend? Cake trends are inspired by decor

and fashion trends – creating a mood

and allowing the client’s personality and

individual taste and style to be part of

their cake. Bold statement pieces are very

trendy for cakes. Sweetie and dessert

tables are hot, hot, hot! Miniatures of

everything are so trendy right now: cake

pops, whoopie pies, macaroons, and yes,

the faithful cupcake. Cake is becoming

art, and it’s becoming cool.

+27 (0)31 309 4453, tastefreedom.co.za;

lucyscakeshop.co.za

salt of the earthNow available in KZN, the

award-winning Oryx Desert Salt from

the Kalahari contains vital minerals,

trace elements and other things good

for you. Grab your fix at Sprigs in

Kloof, or order online. Gifts packs,

grinders and catering buckets

are also available.

+27 (0)74 413 8646, oryxsalt.co.za

sunshine or shadeA tranquil garden and a scattering of outbuildings create just

the right the setting for the Two Acres Tearoom, and now,

after two years of planting and producing, owners Kathleen

and Richard Walsh can boast a herb and vegetable garden

that supplies 75% of their hormone- and antibiotic- free menu,

as well as their own stone-ground low-GI artisanal breads,

ricotta, ice cream, sauces and dressings. Add to this a

changing menu as well as lots to look at and things to

take home, and you have a half-day jaunt waiting

to happen. Find them opposite the Shongweni

Farmers’ Market in Hillcrest. +27 (0)31 768 1957

like a sturgeonThe Caviar Group has expanded from Cape

Town to Durban with a bang, with three

restaurants opening up in Umhlanga’s

Gateway. Sevruga, overlooking Wave

House, offers a 300-seat restaurant with

a custom-designed interior and bespoke

menu; the central Osetra has a modern

Japanese-inspired launch menu that

will be followed up with a modern

Italian menu; and Beluga, in the outside

courtyard, features a double-storey

350-seat dining area with separate bar

area, and offers private valet parking.

Sevruga, +27 (0)31 584 7445;

Osetra, +27 (0)31 584 7435;

Beluga, +27 (0)31 584 7445;

caviar.co.za

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food With soulA first from Ayurvedic health advisor

Damyanti Gajjar, the title Conscious

Cuisine – A Vegetarian Adventure,

explores a fusion of Ayurvedic principles

and healthy vegetarian cuisine, with

the emphasis on produce that is fresh,

seasonal, locally grown and organic.

The book has sections on soups,

chutneys and raita, snacks, pulses, grains,

vegetables and sweets as well as an

informative chapter on the medicinal

benefits of spices. The recipes are easy

to prepare and many of them are taught

in the author’s Ayurvedic and vegetarian

cooking classes.

+27 (0)82 990 7006,

consciouscuisine.co.za

Dining in or out of style

Page 11: The Property Magazine - Kwazulu-Natal February/March 2013

thepropertymag.co.za | 9

HOT PROPERTY

HOt decOr & desIGN

Decorating your space for the new year

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online designMazzoe.com is the newest online

platform to connect stylish and

decor-savvy consumers with a

host of delectable goods directly

from SA’s emerging creative minds.

Check out the wide range of decor,

accessories and jewellery for your

next shopping spree. mazzoe.com

Peter ford is Durban’s Hangman, an

artist with a natural eye for arranging

artwork and artefacts to their best

advantage and to the enhancement of

the space in which they hang.

you arrange paintings. how did that

career begin? We arrange art, framed

pictures, mirrors, photos and certificates.

I learned my trade by hanging

exhibitions at the KZNSA Galleries

for five years while studying fine art

at Durban University of Technology.

Later, I was blessed to be given work

by local interior decorators, framers

and private galleries; my business is

100% word of mouth. What are your

finest tips for hanging paintings? There

are no rules. Art is as subjective as its

presentation. Good art creates dialogue.

Try arranging interesting, controversial

or eclectic pieces in the dining room

to give conversation an edge; in a

passageway, use a bold image that is

easily recognisable from a distance.

Generally, pictures are better viewed

when their centre is below eye level

(try 1 500mm). When people call you

in to assist them, where do you start? I

listen to clients’ requests. I work with the

architecture and corresponding picture

or mirror shapes. Everybody’s home

style is unique, so each endeavour is site

specific. I have worked with amazing

interior decorators over the decade

and learned much from them. do you

have entertaining tales to tell? So many!

When I was learning my trade at the

KZNSA Galleries, I was once dissed by a

sprightly senior citizen who when I told

him the gallery was closed as we were

hanging, told me to hang myself. It was

priceless, and I took his cue and became

The Hangman!

+27 (0)72 225 0773, hangman.co.za

strong bonesCrafted in solid acacia wood, the new line, Fossil, has created quite a stir

in @home stores. It includes dining, lounge and bedroom furniture and

boasts elegant, balanced lines and sleek, alluring finishes. @home.co.za

uPlift your sPace

Planning to revamp your home

for 2013? American Shutters’

Decowood range completely changes

the look of any room. Pretty and practical,

and eco- and budget-friendly, the shutters

come in a variety of styles, shapes

and sizes. Visit the online showroom

for inspiration.

americanshutters.co.za

Page 12: The Property Magazine - Kwazulu-Natal February/March 2013

10 | February / March 2013

HOT PROPERTY

HOt INdULGeNce

Great products to keep your summer flowing

music on the goBowers & Wilkins mobile hi-fi P3

headphones are ideal for true

sound on the move. Specially

designed with ear-pad fabric

for improved acoustics and

comfort, they come

with a choice of

cables to attach

to iPhones, other

cellphones and

MP3 players.

Available from

the HFX Group.

0861 000 861; bwloudspeakers.co.za

classic must-haveIf you spend your salary on

anything this month, make it

Gucci’s latest handbag, the

Soft Stirrup, which sports

a deconstructed shape

and is made out of

washed calfskin

and nubuck. This

classic will never

age. gucci.com

imagine moroccoInspired by the hot, golden

sands of Morocco, white

Bedouin tents, soft silk curtains

and visual feasts of mosaic

artworks, Jenni Button’s

summer 2013 collection is sexy

and cool all at the same time.

Let the French metallic laces,

silk chiffon dresses, rich satins

and gorgeous embroidery

spark your imagination.

jennibutton.com

summer drinkingBouchard Finlayson vineyard is

situated in the wine region of

Walker Bay and is most famous

for its Pinot Noir, with 50% of

its vines dedicated to this

varietal. Try the Galpin Peak

Pinot Noir 2010 for a very

special occasion. Named

after the Galpin Peak

mountain range that

surrounds the vines, the

wine is a splendid mix

of raspberry and cherry

flavours and is yummy

with a cheeseboard.

bouchardfinlayson.co.za

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thepropertymag.co.za | 11

HOT PROPERTY

toasting the cities that never sleePSkyy Vodka, inspired by

America’s party scenes

in Miami, New York City

and San Francisco, has

launched its first limited

collector’s edition. The

distinctive cobalt-blue

bottle now showcases

world-famous landmarks,

such as Ocean Drive, the

Empire State Building and

the Golden Gate Bridge.

skyy.com

naturally insPiredDavid Green’s latest nature-inspired

range of sunglasses is his Wood

Collection. Different shades of

ebony wood have been used for the

temples, and sprung hinges have been

precision-crafted to contour with the

wood. greeneyewear.com

coveting coveWe were drinking Fryer’s Cove Bamboes Bay Sauvignon

Blanc 2011 these past holidays and were impressed by this

West Coast wine: think green peas, litchi, green figs and

asparagus. We enjoyed it with freshly picked mussels served

with sweet chilli dips and lemon – pure indulgence. Look out

for the 2012 vintage, which has been causing hype in wine

circles, and if you’re in the Western Cape, be sure to visit

Fryer’s Cove’s tasting room. fryerscove.co.za

high and dryWe love this nifty machine! The

Spindel is a specialist laundry spin dryer

that is small and compact enough to take

on road trips. No more damp laundry on

holiday. spindel.co.za

Page 14: The Property Magazine - Kwazulu-Natal February/March 2013

NEW KUBUS UNDERMOUNT RANGEThe new Kubus undermount range offers a sleek, ultra-modern look within the kitchen. The Kubus range with iconic good looks, features deeper bowls and is the ultimate geometric shape for solid surfaces. Three different sizes are available, an assortment of bowls may be added to fully optimise your kitchen environment and to suit your requirements.

www.franke.co.zaCall Centre: 0861 372 653 [email protected]

KBX110-55

KBX110-20

KBX110-45

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thepropertymag.co.za | 13

words Nicky Manson

smaLL spaces

It takes a creative mind to look at a tiny space under the stairs and turn it into a revolutionary area of your home. We investigate some clever

interpretations of small spaces.

OUtsIdethINK thE box

rack it uPthis clifton beach bungalow designed by Jenny Mills

architecture & Interiors is only 110m2, yet the architects have

managed to incorporate three bedrooms and four bathrooms.

the design of the kitchen is a big space-saver, thanks to the

l-shaped counter and a wall of units crammed with ovens, a

washer and dryer and a pantry. Kitchen clinic came on board,

and the result is a space that, despites its size, is a great space

for entertaining. the dining room table serves as a work surface

too, while glass splashbacks reflect the sea views, making the

house seem larger than it is.

Jenny mills architecture & interiors, jma.za.net

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14 | February / March 2013

smaLL spaces

benchmarkEvery home, despite its size, needs a

dining area, and this small flat’s built-in

bench saves a lot of space by eliminating

the need to place the table and chairs

at the centre of the room. beneath

the bench is storage space, a rare

commodity in small homes.

Water-closet dramaolder homes typically have a

separate loo area and these are

usually the smallest spaces and

as such are often neglected. but

through the careful selecting of the

sexy sanware that’s available to

you today, you can transform these

spaces. this guest bathroom makes

use of a wall-hung toilet – a huge

space saver – while the carefully

suspended vanity cupboard allows

the floor to continue uninterrupted,

so that the room seems larger.

Similarily, instead of hanging a small

mirror above the basin, use a full-

sized wall mirror to heighten the

illusion of roominess.

Interior Designer Patricia Jackson, +27 (0)82 900 9807

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thepropertymag.co.za | 15

smaLL spaces

double lifecape town-based interior

designer patricia Jackson

believes it only takes a little

imagination to work with small

spaces, and the examples on this

page prove her point to

perfection. Many apartments’

second bedroom is a broom

closet of a space, but you can

make the situation work by

cleverly incorporating the bed

into the design of the bedroom.

that way, all furnishings are kept

to one side, leaving you free to

cover the remaining walls with

framed art, mirrors and the like.

the bottom cupboards in this

example are used for storing

shoes and bags, while the

drawers just above are

ingeniously designed to double as

bedside tables when opened. the

lights on the display shelf can

also be used for reading, and the

switch is conveniently positioned

on the side panel next to the bed.

divide and conQueropen plan is usually key in small spaces, to avoid tiny rooms and airless corridors; however,

rooms often require some sort of separation. Plantation Shutters’ products make excellent

room dividers: rolling out like a sliding door, they can be opened up to create space or closed

to create privacy, all the while allowing air to circulate and light to penetrate.

Plantation shutters, plantation.co.za

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16 | February / March 2013

smaLL spaces

tiPs from the Pros5rooms.com, the online home and

lifestyle store, offers the following

advice for making the most of

small spaces:

stack it

one of the easiest ways to make

the most of your space is by

using stackable items. whether

they are chairs or storage items,

by carefully selecting the right

stackable items for your space,

you can open it up and utilise it

optimally.

double up

doubling up is the obvious

solution to cramped spaces,

and it makes sense to invest in

multifunctional furniture and

decor pieces.

get organised – store it

organising a space and packing

away clutter is a sure way of

making a space look cleaner and

bigger. choose a storage unit

that suits the colour scheme and

style of the room so that it can

blend in seamlessly with the rest

of the furniture. A kids’ room can

easily become cluttered with toys,

crayons, etc. the simplest way to

ensure that kids keep their room

neat and tidy is to furnish it with

colourful storage units, so that

tidying up becomes fun.

let the light in

with the right lighting, any room

will appear more spacious. to

open up the space, remove any

drapery that’s blocking out the

natural light. alternatively, use

artificial lighting, such as compact

floor lamps, to create ambient

lighting in the space.

add colour

colour can instantly make a

room look bigger or smaller, so

choose carefully. by using metallic

colours here and there, you can

create reflective surfaces that will

add a feeling of space. also, by

coordinating wall and furniture

colours, you’ll make the furniture

appear less intrusive, and the

room will seem bigger.

5rooms.com

PoWer PlantSmall gardens can be turned into awe-inspiring spaces, as demonstrated by craig de Necker from

the Friendly plant, an award-winning, Johannesburg-based garden design and landscaping company.

this Mediterranean-inspired garden has been built on just 60m2. Fire and water are great elements to

introduce into a small garden, because they are so powerful and create great focal areas. the patio

incorporates a water feature integrated with a firepit, to save space. The functional firepit allows for

outdoor cooking and entertaining, while the artwork behind the seating area doubles as a store for

herbs within the frame.

shelves – the PlanSmall, awkward wall spaces at the

end of corridors or under the stairs

can be turned into striking canvases

with some smart shelving positioning,

as seen inside luxury lodge umSisi

house in white river, Mpumalanga.

to make use of every inch of available

wallspace, they commissioned the

construction of bookcases of various

levels, to create a platform on which

to display the owners’ collection of

trinkets, curios and souvenirs from

their travels. the result is a striking

work of art on what would have

otherwise remained a bland wallspace.

umsisi house, umsisihouse.com

the friendly Plant, thefriendlyplant.co.za

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thepropertymag.co.za | 17

design profile

Named after a revered historical figure, the award-winning Makana House firmly sets Kritzinger Architects amid SA’s design aristocracy

words Tammy Sutherns

Kritzinger Architects has made a name for itself not only locally, but also abroad, with the projects that combine founders Jed Kritzinger and Julia Abell’s

international expertise making for an impressive portfolio. However, it is their recent award-winning Makana House that has really illuminated the team’s commitment to designing innovative buildings that are socially, economically and environmentally responsible.

‘The ability to work smart in a competitive market is key,’ explains Jed, who co-founded the Cape Town-based studio with Julia in 2010. Jed had just completed the new Cape Town International Airport and a beach house on the

West Coast and, together with Julia, decided to solidify a decade of international experience. They had worked together on a number of high-profile projects, including the British Museum and projects for Imperial College in London. It’s been three years since they joined forces and they haven’t looked back, delivering cutting-edge designs that are internationally recognised. Jed says, ‘Delivering quality architecture is a team effort and requires collaboration between client, architect and the construction team, so that together we deliver buildings beyond our client’s expectations.’

It’s a recipe for success: their Makana House won Best Architecture Single Residence Africa at the African Property Awards 2012 as well as

THE NOBLE ART

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18 | February/March 2013

DESIGN ProfIlE

“Makana house

was well received

because its

form is bold and

contemporary,

with a touch of

local South african

reflected in the

palette of materials

and textures we

chose”

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thepropertymag.co.za | 19

design profile

opening page The award-winning Makana House strikes a pose against an Eastern Cape landscape; Julia and

Jed. this spread, left Makana’s indoor and outdoor living areas are entwined; a Mauritius home is included

among the duo’s favourite projects.

the award for Best Residence in Africa at the International Property Awards. The weekend home is named after the famous Xhosa chief, Makana, and is positioned on a private farm in the Eastern Cape. Jed explains, ‘Makana House was well received because its form is bold and contemporary, with a touch of local South African reflected in the palette of materials and textures we chose. The building’s form expresses its function, offering the ultimate indoor-outdoor living experience with an emphasis on embracing the dramatic views.’

With sustainability key to the functionality of the design, the brief included creating a transparent building that breaks down the barriers between indoor and outdoor living, raising the first floor to enhance the sense of arrival, maximising the view, employing local contractors and using local building materials for construction, and creating an environmentally friendly building that functions off-grid. The result is a home where solar panels and a solar domestic hot water system are utilised, gas is used for cooking, an on-site waste management system is incorporated and non-potable water is pumped from the Bushman’s River and stored in tanks for household use. The design also features many examples of aesthetic innovation, including an ‘arrival axis’, which begins as one approaches the building and culminates with the impact of an infinity pool as a focal point that draws the eye towards the view.

The team took care to fully understand the client’s needs and aspirations and translated these into a beautiful building, and the fluidity of this

process made Makana House one of Jed’s favourite projects. ‘Working with an open-minded client who was looking for a bold architectural statement was a joy,’ he says. Among Jed and Julia’s other favourite designs are a number of courtyard houses in Mauritius, where the open-plan living spaces were designed around a series of tropical courtyards and pools.

The duo’s love of design is immediately apparent in their work. ‘To be successful, you have to embrace architecture with passion and make it your life, as it is an all-encompassing profession,’ they say. ‘Hard work and passion will ultimately pay off.’ Julia explains that she and Jed are fortunate in that they share the same passion for design and architecture. They met in London in 1995 while working for the renowned architect Norman Foster. ‘We spent most evenings and weekends in the office. There was a great energy working in the Foster studio at the time, so we didn’t mind putting in the hours. We learned a lot and are fortunate to have had one of the greatest architects of this century as our mentor.’

Given their hands-on approach and their belief that the quality of people’s lives is directly influenced by the quality of their surroundings, there is no doubt that Makana House will not be the last award-winning project from Kritzinger Architects. Among other projects, the team is already looking forward to completing a large house on the Atlantic seaboard. Jed puts it quite simply: ‘Watch this space.’ kritzingerarchitects.com

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22 | February / March 2013

prime property

A good dose of restoration and glamour has been used to create this unusual seaside home

the abcs of restoration

Words Genevieve Fisher

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thepropertymag.co.za | 23

prime property

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24 | February / March 2013

prime property

opening page The facade is sympathetic to the building’s Heritage status. this page, clockwise from top The fuchsia sofa and baby grand

piano set the glamorous tone for the rest of the house; retro copper pendant lights are juxtaposed against raw brickwork in the living areas.

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thepropertymag.co.za | 25

prime property

“I thought about the

prospect of creating

a New york-style

loft overlooking the

sea and set about

achieving this,

whilst sensitively

preserving

its historical

importance”

what attracted the homeowners to this Simon’s Town property was not only its location, but also the potential of this ‘grand piece

of architecture’. This home, formerly a dilapidated youth hostel, is situated across the road from the naval base and overlooks the False Bay coast. The owner says: ‘She was in such a sad state when we bought her that the underpinnings of the building were at severe risk as a result of the removal of the water-retaining trees on the mountain behind. She looked set to move right into the sea!’

The couple, previously from Johannesburg, came across this large Heritage building, ABC, while they were searching for a seaside holiday home. It was built as a bakery servicing the SA Navy in the 1800s. ‘I thought about the prospect of creating a New York-style loft overlooking the sea and set about achieving this, whilst sensitively preserving its historical importance,’ says the owner. Most importantly, it needed to be able to easily accommodate the couple’s young children and their pet dogs.

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26 | February / March 2013

prime property

But, first things first: the building had to be rescued from structural demise and extended to be family- and pooch-proof. The owners enlisted architect Mike Shaw, who converted the loft area into three bedrooms, extended the living space outwards towards the mountain at the back and put a living area on the second floor, adjoining the patio and garden. The first floor extension includes a home gym and separate flatlet. The whole process was achieved without touching the front facade, and skylights were installed so that the windows on the front walls remained intact, as did the building’s Heritage status.

Once the structural changes were under way, Neil Suttie and Floris Marais of Suttie & Marais Designs lent their expert touch to the interiors. Neil says, ‘We worked on the owner’s home in Joburg and at the time we were also based there. Floris spearheaded the project with the clients’ input and he had to fly down to Cape Town twice a month.’ The clients wanted to do something to balance the

sombreness of the home’s Heritage status and so fun, bold colours, gold accents and contemporary fittings were used to contrast with the exposed brickwork, copper piping and reused wood.

Much of the furniture comes from the couple’s home in Joburg and has been reupholstered in bold colours – think fuchsia, purple and gold. ‘Because of the sea-facing orientation, the light flowing through the windows is exceptional and, together with the voluminous space, allows for eccentricity in the colour palette,’ says Neil.

Upon entering the three-level home, on the first level your eyes are drawn to the bright-pink built-in sofa positioned next to a baby grand, which sets the glamorous tone for the rest of the experience, including art deco copper pendant lamps juxtaposed against the exposed raw brick throughout the home and a curved golden vinyl seating unit nestling against blue velvet curtains in the cinema room. A floating wooden staircase leads to the living area with its navy-blue walls, on which a series of silver

clockwise from top The sparkling

kitchen countertop provides a focal

point; spaciousness is an advantage of

old homes; antique elements tone down

the glitz.

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thepropertymag.co.za | 27

prime property

“because of

the sea-facing

orientation, the

light flowing

through the

windows is

exceptional”

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28 | February / March 2013

prime property

24 | december 2012 / January 2013

“the top level is a

peaceful enclave

consisting of the

main-en-suite

bedroom, two more

bedrooms and a

bathroom”

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thepropertymag.co.za | 29

prime property

opposite, top to bottom High-tech equipment and modern downlights provide a foil to the beach house feel of the converted loft

bedrooms. this page Old wingbacks from the family’s previous home have been re-upholstered for the contemporary TV nook.

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30 | February / March 2013

prime property

buffalo horns hangs, and an antique wooden dining table is juxtaposed against a large sparkling sapphire-blue granite kitchen countertop that winks at you continuously. And then there is the Midas guest bathroom: inspired by the owners’ trip to Paris, where they ate at an all-gold restaurant, it is done up completely in a golden mosaic and features a golden ‘throne’ too.

The top level is a peaceful enclave consisting of the main-en-suite bedroom, two more bedrooms and a bathroom. The main bedroom has a calm nautical feel, and a glass barrier separates the bathroom from the sleeping area. The other bedrooms have a beach house feel, but with extravagant touches.

According to Neil, the biggest challenge was completing the project in time for the festive season, but despite the mad rush towards completion and the stress of getting the builders out and the pool finished, it was all worth it when the clients called

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prime property

after seeing the home for the first time and reported that they were exceptionally happy and grateful.

There must’ve been something in air in the quaint seaside village of Simon’s Town – or maybe it was the great synergy of everyone involved in the transformation of this grand old dame of a property – because shortly after the project was completed the family moved to Cape Town permanently, as did Neil and Floris. The home is now available to rent as a holiday home from Perfect Hideaways. ‘Working on this project in Simon’s Town made us fall in love with the Cape; the views, the Victorian charm and Heritage buildings are idyllic,’ says Neil. We couldn’t agree more. With thanks to …

suttie & marais design, +27 (0)82 448 8222,

+27 (0)72 298 8527

Perfect hideaways, +27 (0)21 790 0972,

perfecthideaways.co.za

opposite The outdoor living area commands views of picturesque Simon’s Town.

this page The metallic-hued bathrooms were inspired by the owners’ travels.

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travel

32 | February / March 2013

Painting the horizon red

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travel

thepropertymag.co.za | 33

words Nicky Manson

Sophistication, luxury, sea breezes and

fragrant frangipani are all rolled up into

one unforgettable experience at

The Oyster Box in KZN

what struck me first upon my entering The Oyster Box in Umhlanga was its beautiful art and decor collection. Adorned

to the brim with carefully chosen objets d’art and striking paintings, it’s more like entering an art collector’s home than a hotel, and, of course, that is what really sets The Oyster Box apart from its neighbours – its personal touches, thanks to it still being family run by the Tollmans. Some

60-odd years since the hotel’s establishment, this personal touch is still evident throughout. Following an extensive rebuild just three years ago, the architecture is strikingly colonial and exudes old-world charm while hiding a myriad of modern facilities. Done under the creative eye of Anton de Kock of M2K Architecture, it was important that the renovations retained the premises’ connection with the sea, which was achieved by accentuating the breathtaking views and creating a lush garden

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travel

34 | February / March 2013

opening page, clockwise from top The infinity pool with its breathtaking views; the library and the spa. this page Elegant dining at the Grill

House; a relaxing nook and private plunge pool. opposite page, top to bottom Old-school glamour thanks to the wrought-iron balustrade; the

sexy Lighthouse Bar; a bath with a view; kids’ play area.

paradise behind the hotel. This is where one of the pools sits alongside the chic spa, which has carved out its own reputation for excellence. In the garden you will also find tranquil water features, a Victorian-style gazebo and an amphitheatre used for wedding ceremonies.

Originally built as a mere beach cottage in 1863 and used as a navigational beacon, the property was turned into a hotel in the 1950s and has since undergone a number of renovations, and each layer of changes is still reflected in its architectural style. The Tollman family love the glamour of the 1940s and ’50s, as can be seen in their choice of decor and furnishings. Mediterranean elements are also present, with a combination of archways and spiral staircases. The black-and-white terrazzo floor tiles from the original hotel reception have been carefully reproduced and are used throughout the hotel. The revolving door at the entrance still remains, as does the wrought-iron balustrade.

The Oyster Box also prides itself on its original KwaZulu-Natal art collection: over 100

paintings from 12 artists hang on its whitewashed walls and speak of the Tollmans’ passion for art. Beautiful furniture spills over from room to room, while bold fabrics and elaborate sculptures create evocative focal points.

The double-volume Palm Court is the heart of the hotel and a masterpiece in its own right. Previously open to the heavens, it encloses tall green palms beneath the ceiling. Beautiful tables are laden with elegant crockery and silver cutlery, awaiting the ladies to take afternoon tea. The decadent spread of mouth-watering treats is highlighted by twinkling chandeliers and tempts even the strong-willed. Dining is an indulgent experience, and choice is key. The Grill Room is fine dining at its best and hosts a weekly dinner dance. The Ocean Terrace has the best curry buffet in town – and I’m speaking from experience – as well as a wood-fired pizza oven. There is also the Lighthouse Bar (which could well have the best views in town), the Oyster Bar, Chukka Bar and the intimate sunken wine cellar.

Outside, the terrace overlooks a heated infinity

pool, which in turn overlooks the Indian Ocean. Standing tall and watching over the hotel is the historic bright-red-and-white-striped lighthouse, completing the postcard-perfect picture. The beach is just a few steps below, and guests can linger on the matching red-and-white-striped sun loungers dotted along the golden sands and the manicured lawns.

With its beautiful spaces, immaculate attention to detail and gracious service, the hotel lives up to its five stars. But did you know that this sophisticated hotel is also child-friendly (as well as pet-friendly)? From a welcome pack filled with goodies, such as fishing nets and beach balls, to the child-friendly restaurants and pool and holiday club, The Oyster Box ensures that parents enjoy a much-needed break away from the little ones too! The rooms are decked out with kids’ chairs, cots and sweet platters, and you can even hire an Oyster Box pram. Outside, the slush machine, soft-serve and candyfloss makers add a memorable touch to any kids’ – or grown-ups – seaside holiday. +27 (0)31 514 5000, oysterboxhotel.co.za

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travel

thepropertymag.co.za | 35

“the revolving door at the entrance still remains, as does the wrought-iron balustrade”

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36 | February / March 2013

SoCiEtYOut and about in KwaZulu-Natal

the ivory group launched their company at the Weaver’s nest, mt edgecombe country club, durban: 1Rose Kranz, Debbie Freimond, Darren

Courtenay, Felicity Courtenay 2Andre du Toit, Kevin Watson, Anthony Courtenay 3Dante Della Martina, Dawn Della Martina, Greg Topp, Lynda Topp,

Charmaine Pratt. franke were inspired by the professionals and students alike, in the franke design a bathroom competition: 4Nico Claase,

Murray Farquharson 5Andrew Mboyi 6Jocelyn Jones, Clinton Soutter, Leigh-Anne Robertson, Philip Darby, Schalk De Beer, Alan Palmer, Gareth Nezar 7Stephen Parkes, Nico Claase.

Email social photographs and invitations to [email protected].

1

3

4

6

2

5

7

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thepropertymag.co.za | 37

First-time homebuyers, who currently account for about 40% of mortgage applications and home loan approvals, are supposedly driving the real estate market

at the moment.Of course it is a wonderful time for them to

be making their first property moves. Interest rates are just about as low as they are going to go, home prices are at the bottom of a cycle (and being depressed by strict bank valuations) and better salaries and lower debts mean more disposable income with which to pay for a home.

What is striking, though, is how various factors steadily pushed up the average age of first-time buyers in South Africa. In 2002 it was 28, in 2005 it was 31 and now it is 37, a fact that opens up a whole new way of looking at the market and what trends one might expect to see strengthening over the next year or two.

I see the demand for rental properties continuing to rise strongly, firstly because young adults can be expected to be tenants now for 12 to 15 years at least before becoming homeowners, and secondly, because SA’s population is steadily getting ‘younger’, so the potential number of those tenants is increasing.

This spells good times for buy-to-let investors, especially if you consider that many young people who could probably afford to buy their own home

earlier are not doing so because they prefer the flexibility that renting gives them to travel and follow job opportunities. On top of this, many have found that if they rent they can live in upmarket or trendy areas where they could never afford to buy, especially if those areas are close to work and enable them to offset their rent with lower transport costs.

I anticipate that the trend towards smaller average homes sizes will accelerate, propelled by concerns about the rising cost of living and of home ownership, including property rates, municipal service charges and home maintenance, which don’t only apply to first-time buyers but are prompting many existing homeowners to downsize (just as soon as their 20-something children leave home) and buy up smaller homes that might otherwise have gone to first-time buyers or, more likely, to tenants via buy-to-let investors.

Thirdly, I believe that price growth will fairly rapidly get ahead of the rate of inflation once more, not least because of the slow supply of new homes, which will also, of course, put further upward pressure on rentals. Many builders and developers just can’t deliver new homes at competitive prices in the face of rising building costs, which the Bureau for Economic Research estimates will show a 12,1% increase this year and a 16,3% increase in 2013, and this is clearly reflected in a 13% decline this year

in the number of plans being passed to build new homes over the next 18 to 24 months as well as a drop of almost 10% in the number of smaller homes that have been built in the past year.

As prices rise, so home ownership will once again become less affordable (and possibly less attractive) to first-time buyers, whose average age will probably rise even further as they continue to rent. We will have come full circle.

That leads me to observe that if the current stats are correct, then about 60% of those obtaining home loans now are not first-time buyers.

About 9%, it is estimated, are buy-to-let investors, but that still means that more than half are experienced homeowners who are either buying for the second, third or even fourth time as they upgrade, downsize or relocate, or taking equity loans to improve their existing homes, pay university fees or help their children buy a home.

In other words, perhaps they are really the ones with the money or the leverage to make the best use of the current interest rate and price advantages, and perhaps we should be paying them more attention.

real estateGUest edItO

r

Berry Everitt

residential & commercial

Berry Everitt, MD of Chas Everitt International Property Group, incisively deduces which segment of the property buyers’ market you should be focusing on

or don’t blame me later

buy to lEt Now,

berry everitt,

md, chas everitt international Property group

Page 40: The Property Magazine - Kwazulu-Natal February/March 2013

38 | February / March 2013

Kwazulu-natal Residential

classy glassConstruction has started on 106 Gladys Mazibuko Road, situated on an elevated corner of Gladys Mazibuko and Currie roads on Durban’s

berea. designed by Elphick proome architects, the development comprises four secure luxury apartments with spectacular city and sea views

and is close to schools, shopping centres and amenities. Extensive glazing and decks exploit the views while clerestory windows allow natural

light into the depths of the units. Other apartment features include a minimum of five-car garaging per unit, staff quarters for every unit, large

entertainment areas, private gardens and pools, wrap-around decks on bedroom level and a green roof terrace for entertaining. lifts and prayer

room or home office options are also available. ‘Starting at R5,950 million direct from the developer, this is an exclusive investment opportunity

in prime Berea,’ says Laren Beni. +27 (0)83 928 5146

hop on ingroundwork has started at the ponds, a freehold-ownership

development situated on hilltop private Estate, bordering Zimbali coastal

resort. the development mirrors Zimbali in architectural style and

offers a range of two-, three- and four-bedroom homes with exclusive

luxury finishes. Limited to just 10 homes, with covered terraces, spacious

entertainment areas and indoor-outdoor living opportunities, units in this

Stedone projects development are priced from r1,5 million all inclusive,

with sites starting at R595 000.

+27 (0)31 713 0737, stedoneprojects.co.za

recently launched, the exclusive Summer View apartment building

in herrwood drive on umhlanga ridge offers one of the few

remaining panoramic sea view sites in the area. the sectional

title development, financed by Nedbank Corporate Property

Finance and gough cooper homes, will comprise a selection of 60

apartments, with options for one-, two-, three- or four-bedroom

homes, as well as penthouses and garden units. combining luxury

with modern, secure apartment living, the building will feature

drive-up ramp access to the front door, an indoor heated pool and

entertainment area, air-conditioned rooms and exclusive parking as

well as visitor parking bays. there are also options for live-in staff

and storage rooms. construction on the development is scheduled

to commence in the first quarter of 2013 with completion forecasted

for the end of 2014. summerviewumhlanga.co.za

Sunny outlook

wo

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Page 41: The Property Magazine - Kwazulu-Natal February/March 2013

thepropertymag.co.za | 39

KWAZULU-NATAL Commercial

greytown gapScheduled to open in September 2013, Mavundla

Square in greytown promises to be the largest and

most modern retail offering in the area. Situated

70 km from Pietermaritzburg and midway between

pietermaritzburg, Empangeni and Stanger, the centre

will draw on a large catchment area and is set to uplift

the surrounding communities in the growing district

through job creation and commerce. the centre is being

developed by pg Mavundla properties and will be home

to anchor tenants Shoprite Checkers (the first national

supermarket larger than 2 500m2 in greytown) and the

Edcon group. +27 (0)33 413 1090

hQ IQthe occupation of the new Sa home loans headquarters on umhlanga ridge is

scheduled for december 2013. the centre will offer spectacular views of the sea

and the city and will enable the home loans group to provide its customers with

excellent service. The two-storey open-plan building’s design incorporates a number

of green features, such as: south-facing orientation, to vastly reduce heat gain;

maximum use of natural light; high-performance glazing; external sun control on

key exposed windows; a chilled-water air-conditioning system; a high-tech building

management system that optimises power usage and equipment control; and

rainwater harvesting for the irrigation of the indigenous landscaping. ‘We’re excited

at the prospect of moving into such cutting-edge, environmentally friendly new

headquarters, and our decision to make such a substantial investment in umhlanga

is also a clear sign of the company’s faith in Greater Durban and its future,’ says SA

home loans cE, Kevin penwarden. +27 (0)31 576 5792, sahomeloans.com

debonair devon roadSituated close to old Main road and with easy access to the

M13, 10–12 devon road, pinetown, has recently been purchased

and is soon to be released as six sectional title units that will be

ready for occupation in July 2013. units in the multi-tenanted

office park will range from 655m2 to 2 295m2 in size, and facilities

will include ample secure off-street parking, ample power for

manufacturing, factory space with vehicular access, well-balanced

offices and ablutions, palisade/precast and electric fencing,

a common gated entrance and a guardhouse. ‘Situated in a

well-established neighbourhood that comprises a mix of large-

scale industrial premises, light industrial, showrooms and retail

properties as well as numerous national and blue-chip industrial

tenants, this is a valuable offering in an area where vacant land

is in short supply,’ says Wayne Ashford of Chalupsky Properties.

+27 (0)83 456 8518, chalupskyproperties.com

Page 42: The Property Magazine - Kwazulu-Natal February/March 2013

trend watch

40 | February / March 2013

wo

rds

Cand

ace K

ing

Home is where the heart is, so show your humble abode some love with these red-hot products

WhAT’S LOve GOT to do wIth It?

second-hand emotionIt’s time for some love with Jasper & George’s heart-shaped clocks – the perfect gift

for just about anyone. Made from recycled pallet wood, they are available online.

jasperandgeorge.blogspot.com; 5rooms.com

romancing the homeCoricraft knows all about spicing

things up on the home front and even

more so this Valentine’s Day with

love-inspired accessories. Choose

from romantic chaises longues, heart-

shaped vases, striking red scatter

cushions and more. coricraft.co.za

sWeet toothIn the morning you’ll be making

macaroons with the nifty Mastrad

Macaron-Making Gift Set. It’s French

confectionery at your fingertips, with just

four main ingredients and a few tools,

including a stand for storing the whole

set, a piping bag, six nozzles, and a non-

stick baking sheet with circular ridges.

yuppiechef.com

berryliciousKeep your jam cool literally and

figuratively with this stylish Berry jam

jar and spatula set from Le Creuset. The

stoneware jar keeps the contents cold

and can go straight from fridge to table

without any decanting.

lecreusetshop.co.za

scaling uP

For those who love retro,

Yuppiechef stocks the Luisa

mechanical kitchen scale. The

simplistic yet funky scale features

a stainless-steel 1,6ℓ bowl,

red-lacquered metal base

and retro clock dial.

yuppiechef.com

Page 43: The Property Magazine - Kwazulu-Natal February/March 2013

SHOWROOMS: JOHANNESBURG - Tel: 011 656 0400 • DURBAN - Tel: 031 579 1900 • CAPE TOWN - Tel: 021 465 9277 • www.classictrading.net

When looking for innovation, quality and choice, look no further than Classic Trading for an extensive range of bathroom solutions for your home. As importers of the best international brands we are able to offer unbelievable prices on all leading European brands.

For a unique bathroom experience come visit one of our showrooms to view our lifestyle displays and a vast range of exclusive imported products.

SPANISH TILE PROMOTION NOW ON!

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[1] Fantini panel shower - P.O.A. • [2] Porcelanosa Wood Look (220 x 900 mm) - from R 599/m2 • [3] Alabastri Collection (various sizes/colours) - from R 599/m2 • [4] Grandagolo G75 basin (750 x 500 mm) - R 4 495 • All prices include VAT.

Perfect design, pure luxury.

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Page 44: The Property Magazine - Kwazulu-Natal February/March 2013

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