Real Estate April 2016 ( Issue 31 )

REAL

ESTATE ISSUE 31 • APRIL 2016

SHEDDING Bright ideas | Flexible family living | New trends on the table | Clever coastal investing

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ESTATE

REAL

ED’S LETTER

LOVE

YOUR

HOME

LIVE

THE

LIFESTYLE

PUBLISHED BY PA MEDIA, THE CREATIVE GROUP HEAD OFFICE Old Castle Brewery, 6 Beach Road, Woodstock, Cape Town, 7925. www.realestatemagazine.co.za 087 828 0423, 021 447 7130

EDITORIAL TEAM EDITOR Michelle Snaddon michelle.snaddon@thecreativegroup.info ART DIRECTOR Lucia Viglietti DEPUTY EDITOR Julia Freemantle between the last of the hot breezes of summer. It’s also trendforecast time and, not surprisingly, this year they echoed the unpredictable weather: Knight Frank’s Wealth Report with its insightful global analysis was followed by the delivery of our Budget and, shortly after, the Overview of the South African Property Industry conference.

Affirming a trend we’ve noted for a while, Lightstone’s Paul-Roux de Kock says he expects estate living to outperform the luxury market during the current downturn. ‘Estates own a five per cent slice of the overall housing-market supply, but carve out a staggering 15 per cent share in total property-market value, with more than half of estate properties being bonded,’ he says. High, isn’t it? ‘Total value locked up in estates is now close to the total value of all residential properties in the city of Johannesburg, for instance,’ he adds.

But where does South Africa feature on the global radar of ultra-high-net-worth individuals (UHNWIs)? Dig into Knight Frank’s Wealth Report, now in its 10th year, and you’ll discover that Cape Town remains 13th in the PIRI 100 (Prime International Residential Index 100), with an increase of 6,9 per cent. Joburg was 26th, on four per cent, with Nairobi 33rd and Lagos 100th. Value per square metre in luxury residential property in Cape Town is extraordinary: for $1 million (about R15,4 million) investors can buy 255m2, yet in Monaco that would give you a paltry 17m2. And there’s more to share: for instance, did you know that the number of UHNWIs in Africa with luxury cars is 1,55 times the global average? We’ll be focusing more on luxury spending trends in our May issue.

Don’t miss Julia Freemantle’s highlights from the inspirational Design Indaba on pages 14 and 15. Awardwinning brand Minima was first launched there. It recently won the Department of Trade and Industry National Furniture Design Competition for designer Jacques Cronje’s freeform public-spaces bench (above). It’s elegantly simple, as is his lighting range. What I love about the birch-ply designs (top) is that they’re super-lightweight and flat-packable, so they’ll come with me wherever I move. Our lighting feature Michelle Snaddon (page 35) reaffirms how a well-designed fitting has the power to transform a space.

Editor, REAL ESTATE www.realestatemagazine.co.za To all our designers out there: keep those smart ideas rolling!

SVEN ALBERDING

Sven’s background of 20 years in publishing, and his role as art director of one of South Africa’s leading interior titles, alerted him to the need for beautiful editorial features, a gap in the market that gave birth to his agency, Bureaux, which he runs with partner Jorge Baron. His extensive network, eye for composition and reputation for perfectionism have set his agency apart for the quality of its content, which is always fresh and globally relevant, and collaborations with the best local photographers, writers and stylists.

MICHÈLE JONES

Michèle forms the spearhead of The Creative Group’s sales team.

Dynamic, outgoing and never short of energy, she is a powerhouse of proactivity. We love her never-say-die attitude and how she pushes her team to think beyond the obvious across different platforms, and always keep the ultimate goal in mind of strengthening the relationship between brand and publisher.

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APRIL 2016

CONTRIBUTING FEATURES WRITER Genevieve Putter CHIEF COPY EDITOR Tracey Hawthorne ONLINE EDITOR Andy Möller ACCOUNTS AND FINANCE Katrien Janse van Vuuren PRINTING Paarl Media Cape

Love the environment!

Please recycle this copy of REAL ESTATE after you have read it.

ADVERTISING SALES MICHÈLE JONES Sales and Marketing Manager michele.jones@thecreativegroup.info 084 246 8105 SUSAN ERWEE (DEVELOPERS) Key Account Manager susan.erwee@thecreativegroup.info 083 556 9848 YVONNE BOTHA Key Account Manager yvonne.botha@thecreativegroup.info 082 563 6685 JIMMY BALSARAS (PROPERTY) jimmy.balsaras@thecreativegroup.info 083 387 2227 TONY TANDI Sales Consultant tony.tandi@thecreativegroup.info 073 380 6110 ADVERTISING BOOKINGS AND SUBMISSIONS Jackie Maritz Advertising Coordinator jackie.maritz@thecreativegroup.info 078 133 5211

Cover image Courtesy of Bover Barcelona Lights Photographs Lar Photography and supplied

utumn is my all-time favourite season, with a few crisp days in

DISCLAIMER The publisher of this magazine gives no warranties, guarantees or assurances and makes no representation regarding any goods or services advertised within this edition. © The Advertising Joint Venture. All rights reserved. No portion of this publication may be reproduced in any form without prior written consent from the publisher. The publishers are not responsible for any unsolicited material.

THE CREATIVE GROUP CEO Shaun Minnie shaun.minnie@thecreativegroup.info

www.realestatemagazine.co.za

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CONTENTS

20 28

35

APRIL 2016 09 WORD ON THE STREET

28 ZEITGEIST OF THE PLATE

Food is big business, and chefs are stars in their own right, dictating trends and tastes through innovation

35 BRIGHT IDEAS

A compilation of directional lighting ideas that look both forward and back for inspiration

43 MARKETPLACE

The property news you need to know now

16 CAR REVIEW

58 THE COAST OF LIVING

20 PLAY HOUSE

68 DREAM HOME

Find out why the McLaren 650S is in a class of its own, and a report-back from Geneva

The combination of two separate dwellings through clever design has created a unique family home

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South Africa’s coastline has its well-known prime property spots, as well as some lesser-known gems Realise your Scandinavian dreams in this remote and romantic Swedish island castle

www.realestatemagazine.co.za

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Life is the canvas on which you paint your unique story.

Through understanding you and your family’s unique goals and ambitions, we’ll craft a generational wealth plan that is a true reflection of who you are. www.standardbank.com/wealthandinvestment SOUTH AFRICA • KENYA • NIGERIA • GHANA • MAURITIUS • LONDON • JERSEY

Wealth and Investment Investment Solutions / Specialised Lending / Risk Solutions / Trust and Fiduciary / Transactional Banking Authorised financial services and registered credit provider (NCRCP15).

The Standard Bank of South Africa Limited (Reg. No. 1962/000738/06).

Moving Forward is a trademark of The Standard Bank of South Africa Limited. SBSA 232103 02/16

Artists: Reshada Crouse, Velaphi Mzimba, Paul Emsley and Nelson Makamo.

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THINGS TO SEE, TRENDS TO SPOT AND PLACES TO BE ZEN IS NOW

TEXT Genevieve Putter and Julia Freemantle PHOTOGRAPHS Adriaan Louw, Iwan Baan and supplied

New Japanese resort Amanemu, the countryside partner to the expertly designed city-slicker hotel Aman Tokyo, and designed by the same team, Kerry Hill Architects, is scratching our travel itch. The 24-suite resort in the Ise Shima National Park on the shores of Ago Bay epitomises everything we love about Japanese design: warm, spare interior spaces carefully crafted in blonde timber, each standalone suite with floorto-ceiling windows and sliding shutters. A main attraction is the resort’s focus on integrated health and wellness treatments (nutrition, relaxation and movement) in the 2 000m2 spa. aman.com

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FAST FILM, FLASHY FASH Now in its third year, the annual Mercedes-Benz Bokeh South African International Fashion Film Festival will be held from 21 to 23 April at the new Aquarium at the V&A Waterfront in Cape Town.

The three-day festival will of course have its share of air-kisses, mile-high heels, impossibly good-looking people and jaw-dropping outfits; but, much more importantly, it’s also about furthering and honing creative talent in the film and fashion industries. Aspiring film directors from around the globe have submitted their short fashion films inspired by this year’s theme, ‘Bespoke’. One of the new award categories and exciting initiatives this year, in partnership with the Cape Town Fashion Council (CTFC), is the Top Young Designers Fashion Film, which features 10 of the top 2015 CTFC graduates.

Each designer was paired up with a young filmmaker to make their own fashion film with support and assistance from Bokeh. The winning filmmakers will receive R30 000. bokehfestival.co.za

JAMIE COMES TO JOZI With 42 restaurants in the UK and 15 more worldwide, celebrity chef and health-food campaigner Jamie Oliver knows his stuff. He’ll be opening a restaurant in Melrose Arch, called Jamie’s Italian, towards the end of this year. Inspired by rustic Italian food and his Italian master-chef mentor Gennaro Contaldo, this world-renowned cuisine will be the starting point for the inspired menu. And being behind the slow and ethically sourced food movement, the chef’s priority will be to source only ethical, sustainably grown and seasonal produce.

Music to our ears

Jozi’s live jazz scene just got a serious injection of cool thanks to a new pop-up venue, the Jazz Freedom Fighters at the Museum of African Design (MOAD) in the Maboneng Precinct. Some of South Africa’s bestknown jazz pioneers, including Hugh Masekela, Kippie Moeketsi, Jonas Gwangwa and Miriam Makeba, cut their teeth in Sophiatown in its heyday and later in Hillbrow and Newtown. Today, Jozi’s jazz aficionados can look forward to seeing a crop of fresh talent, like the Mkizwana Ensemble.

The pop-up club will be open every Sunday until the beginning of June. jazzfreedomfighters@ gmail.com

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Purism. Sensuality. Intelligence.

To see what else bulthaup kitchens have to offer, please contact your local retail partner www.livingkitchens.bulthaup.com

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WORD ON THE STREET

Full marks

One of the much-anticipated highlights at this year’s Decorex Cape Town, from 29 April to 2 May at the Cape Town International Convention Centre, is 100% Design South Africa’s 100% Textile Pavilion.

As a project of Platform Creative Agency, the showcase will be centred around Picture Africa, an exhibition that explores the union of two powerful mediums – photography and textiles – and will be a vibrant celebration of colourful textiles captured through cutting-edge imagery that shows the spirit and energy of contemporary African life. Alongside the exhibit will be a gathering of some of South Africa’s much-loved textile designers showing their latest collections. thebereed.co.za

TURN IT UP What we love about Hertex Fabrics’ new Fiesta range is that it goes against the maxim of wintry fabrics being dark, heavy and dreary.

As the name suggests, this collection is vibrant, bright and colourful, featuring exotic feathers and florals, with dramatic largerthan-life jungle and forest prints, washed stripes, pointillist colour fields and shades of ombre. hertex.co.za

GET A HANDLE ON IT The humble door handle doesn’t often get much attention – unless you’re talking about Olivari, a bespoke Italian design company that’s been making door handles since 1911. They recently launched three masterful interpretations of door handles, Chevron, Open and Crystal, created by three contemporary design stars, Zaha Hadid, Rem Koolhaas and Marcel Wanders. Each is inspired by factors meaningful to the designer: for Hadid it’s an homage to her first residential project in New York City, while Koolhaas reduced the object to its primary elements of hub and lever, and Wanders fused an alliance between crystal and metal. You’ll never look at handles the same way again. olivari.it

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MARCH 2016

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MARCH 2016

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WORD ON THE STREET

D E S I G N I N D A B A H A D A S O C I A L LY A W A R E , C O N C E P T U A L B E N T THIS YEAR. HERE ARE OUR TOP TRENDS FROM THE CO N F E R E N C E S en se o f p lace

Tech support

H u man - cen tre d d esig n

Road l ess t ravel l ed

Paying homage to history, heritage and environment was a thread that ran through the three days, taking many forms.

Architect Thomas Chapman from Local Studio (03) is fascinated by alterations and layers in a city, and his work aims to repair the disconnects created by history through projects such as the Trevor Huddlestone Memorial Centre in what was Sophiatown, commemorating former residents via a plaque pinpointing where they used to live.

Japanese architect Sou Fujimoto (06) takes inspiration from nature for his structures which are built to celebrate their surrounds. Closer to home, Studio (D) Tale’s Maxwell Mutanda proposed transport solutions that took the existing informal system in Harare and built on what works – a solution that responded to the reality of a place.

Gisele Human, from the Emerging Creatives 2016 class, draws inspiration from South Africa’s flora for her organically shaped WAIF jewellery.

The idea of design as a rarefied, separate discipline is outdated, and Design Indaba 2016 demonstrated that creative minds are using their skills to offer relevant and community-minded solutions to real problems – housing, poverty, disease, pollution – and to help people connect and thrive.

Creating spaces for the betterment of human experience is the core of MASS Design Studio’s work (07). From building schools in rural Africa to hospitals that heal in Haiti, Christian Benimana, a member of the firm, stressed the importance of using design to deliver basic human rights through its ‘lo-fab’ movement, which entails the use of local skills and available materials to engender dignity.

Alfredo Brillembourg, a professor from Zurich whose work also focuses on the developing world, says we urgently need to change how cities are being urbanised, and that it’s the responsibility of architects to repair the segregation within cities.

Social media, artificial intelligence (AI) and virtual reality (VR) are buzzwords driving design now.

Vogue’s ‘coolest girl in Cape Town’ Tony Gum (01) illustrated the power of a digital platform when she rose to fame on Instagram, launching a skyrocketing photography career via a series of super-styled selfies that speak to a millennial generation. Her message? ‘Find your own art.’

Vera de Pont (05), one of the Global Graduates, presented the idea of downloadable DIY clothing – her pattern requires no sewing, just cutting out, making it more accessible and reducing waste.

Taking technology to an even more extreme level, 5D Global Studio’s (04) Alex McDowell uses VR to push the limits of storytelling, going beyond entertainment with real-world applications such as a project the company has launched in Saudi Arabia to help a nomadic community solve their problems through interactive ‘world building’.

While out-of-the-box thinking has always been de rigueur for design, there’s an increasingly norules approach whereby disruptors are celebrated.

This, along with a sense of fun and playfulness, often as a response to the serious, stressful world we live in, is how Jaime Hayon (02) approaches design, seeing it ‘with the eyes of a child’. Projects such as the sports-inspired designs he did for Galerie Kreo show how inspiration is all around us.

NB Studio championed the idea of leaving comfort zones, an idea also embraced by Joburg couple Chanel Cartell and Stevo Dirnberger. The pair, inspired by Design Indaba 2014 speaker Stefan Sagmeister, gave up their 9-to-5s in advertising and travelled the world, taking new experiences as inspiration for their work and living from day to day.

Food too, is pushing back against norms – threeMichelin-star chef Elena Arzak’s experimental cuisine advocates avoiding monotony.

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CAR NEWS

CHOICE ARE YOU BESOTTED WITH FORMULA ONE? THEN THE MCLAREN 650S IS THE CAR OF YOUR DREAMS TEXT Charleen Clarke PHOTOGRAPHS Supplied

T

he McLaren 650S is to cars what Gisele Bündchen is to modelling: in a class of its own. Its most obvious design features are the dramatic dihedral (scissor) doors. But it has many other magnificent elements: the multi-function LED headlamps, the curved arm that joins the side mirrors to the body, and the three-stage, hand-mixed paint job that emphasises every line, curve and contour of the c ar’s voluptuous body.

Then there’s the retractable hard top (in the Spider derivative, not its Coupe counterpart): deployable at motoring speeds of up to 30 km/h, it can be raised or lowered in under 17 seconds.

The exterior of this +-R5-million vehicle is sublime; the interior equally so. The F1-inspired steering wheel is small and uncluttered. The seven-speed dual-clutch gearbox can be controlled via rocker shift paddles mounted on the steering wheel. Floor the accelerator, listen to the 3.8-litre twin-turbo V8 howl, blip those paddles and race to 100 km/h in just under three seconds. Top speed? A stonking 328 km/h.

Some say perfection is unattainable. Clearly, those people haven’t driven the McLaren 650S.

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GEMS OF GENEVA When the Geneva International Motor Show revs its engine, it delivers some real automotive treasures, and this year was no different. Here are our top three cars.

1. Maserati Levante The SUV market has exploded over the past decade, and the latest manufacturer to hop on the bandwagon is Maserati. The Levante, named after a wind, is the first SUV in the company’s 100-year history but it will be quite at home with the likes of the Quattroporte, Ghibli, GranTurismo and GranCabrio – because it’s also a luxury car that offers a sensational driving experience.

It arrives in South Africa in January 2017, complete with a three-litre V6 turbodiesel engine, intelligent all-wheel drive, eightspeed automatic gearbox, and the lowest centre of gravity in its class.

2. Aston Martin DB11 Aston Martin aspires to make the most beautiful cars in the world and the DB11 certainly fits the bill.

It’s also a technological marvel. Built on a new lighter, stronger, and more spaceefficient aluminium structure, it’s the most powerful and efficient DB model in Aston Martin’s history and is powered by a potent 5.2-litre twin-turbocharged V12 engine.

It’s also expected in South Africa at the beginning of 2017.

3. TREV supercar China has entered the supercar arena and its very first offering, the Trev supercar, looks sensational.

The company behind it is Techrules, the developer of the turbine-recharging electric vehicle (trev) system, a hybrid that uses a turbine generator. With six electric motors, a range of over 2 000km and fuel economy of 0,18 litres to 100km, Techrules seems to have rewritten the rules for hybrids.

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The covered patio is a simple open space below the bedrooms, used by Tammy and Colin Levin and their children as an outdoor entertainment area for dining and lounging. It could, however, very simply be glassed in to create the living area and kitchen of a second, separate home. The Tolina Accent Chairs are from La Grange interiors, the outdoor dining table from Con Amore and the screen with pot plants and ceramics

by Anatomy Design

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SHOW HOUSE

HOUSE AN INGENIOUS ADDITION TO THIS JOHANNESBURG HOME PUTS A NEW SPIN ON TRADITION, MAKING A UNIQUE SPACE THAT INSPIRES CREATIVE LIVING TEXT Graham Wood/bureaux.co.za PRODUCTION Sven Alberding/bureaux.co.za PHOTOGRAPHS Greg Cox/bureaux.co.za

A

s Colin and Tammy Levin’s family grew, the point came at which they thought they might have to leave their home in Johannesburg. ‘It was a typical Parkhurst scenario,’ says Tammy. ‘As the family gets bigger, the house gets too small.’ But around that time, the property next door to theirs became available, presenting new possibilities.

They approached architect Gregory Katz, and with him devised an ingenious plan to join the two properties and extend their house. ‘But we designed it in such a way that the addition could stand on its own as an individual house at a later stage,’ Gregory adds.

Colin and Tammy’s original house, built of brick, with the corrugated-iron roof traditional in the area, was left largely unchanged, apart from a kitchen revamp. ‘All they really needed were bedrooms,’ says Gregory, ‘so what we did with the addition was lift the whole house up on columns and put the bedrooms upstairs.’

That left the downstairs covered but open, creating an entertainment space ‘like a giant patio’. An extension of the original home’s living area has become a bridge joining the two, so that together they form a U shape around a grassy courtyard.

‘The idea is that someone buying that house already has all the bedrooms upstairs, and they could close off the downstairs section and convert it into a living area and kitchen,’ Gregory explains. All the plumbing for this possible future kitchen is already in place. Separating the two houses would involve simply building a wall between the properties and glassing in the section downstairs. There are even garages.

Colin and Gregory have a shared love of geometry and ingenious, flexible spaces.

Gregory’s work is often recognisable for the patterning in the details as much as for the sometimes Rubik’s Cube-like ingenuity of the structures themselves.

Colin is an engineer-turned-designer and manufacturer of cutting-edge indoor and outdoor children’s play equipment through his award-winning company Geppetto’s World. He designed the PlayOn brand, which is geometric soft equipment combining blocks, rollers, barrels and wedges that encourages creative but purposeful free play. ‘We go with modular concepts that are non-prescriptive so that [kids] can be imaginative with the equipment,’ Colin explains.

Colin and Gregory’s shared philosophy led to a design for a home that would be flexible and creativity-inspiring with clever geometry at its heart. ‘Together they created a space that is unique and forward thinking,’ says Tammy. ‘Greg and Colin were both interested in how simple we could make the design so that we could allow for really creative living, using the space differently all the time.’

Although they used concrete for the new building, juxtaposing it with the brick of the first house, the new structure is a contemporary rendering of the old one. ‘We tried to interpret the architecture of the original house, and almost transplant it onto the first floor,’ says Gregory. They left the concrete raw so that the contrast between the old and the new would spark a dialogue between the two sections.

The bedrooms and playroom upstairs in the new section reinterpret the pitched roof of the old house, but with a sleeker, more geometric execution. ‘We used quite a sophisticated roof structure,’ explains Gregory. ‘We used sloping steel beams to create the pitch so we could slope the ceiling. You get nice volume, but none of the clutter of trusses. Then we punched in a dormer window so that the ceiling recedes into the window and you get amazing light and shadow play on the ceiling.’

Gregory also reinterpreted the corrugated-iron roof of the original house, using corrugated polycarbonate sheeting. ‘The polycarbonate is translucent, so you can make skylights without the risk of leaking because it’s a seamless profile,’ he adds.

He also extended the sheeting from the roof down the side of the house so that it playfully treats the house like a ‘wrapped box’ with a lovely interplay of materials.

Tammy refers to the flexible, creative design as an empty canvas both for living and decorating. ‘From a creative point of view, there was something really interesting about having a space that you had this very organic relationship with,’ she says, ‘[but] I wanted to soften it, to traditionalise it a bit.’ She added a modern herringbone-parquet floor and black steel doors to separate the two areas.

Referring particularly to the living spaces downstairs, she says, ‘Over the years, those spaces have been everything you could possibly imagine. Every single time people would come to our house, it would be different. It’s a lot of fun, constantly reliving, reinventing, reworking the space.’

The Levins’ furniture beautifully accommodates the multiple reconfigurations.

They’ve collected an eclectic combination of raw and refined pieces, mixing contemporary and traditional designs with the wit and flair befitting the house’s own dialogue with tradition. Gregor Jenkin’s steel reinterpretations of old Cape wooden furniture designs talk to the wonderful long wooden dining table with the kind of turned legs that inspired Jenkin’s design. Refined wooden chairs from Ligne Roset rub shoulders with luxurious deep-buttoned sofas. Lacquered Kartell dining chairs also pick up on Jenkin’s own take on an Ercol design in steel.

Tammy muses that the same way in which Colin’s geometric equipment inspires creative play, the architecture of the house inspires creative living. ‘It’s about empowering people,’ she says. A home can do that. geppettosworld. co.za; gregorykatz.co.za

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SHOW HOUSE

CLOCKWISE FROM TOP LEFT Gregory prefers wet rooms to traditional bathrooms – another of his trademarks is the way he celebrates the beauty of functional materials and design; the main bedroom has beautiful light and expansive volumes thanks to the pitched ceilings; Gregor Jenkin’s Quaker Chairs are a take on traditional Ercol Quaker Chairs but in steel, and his Turned Table presents a playful take on design; the lounge area, another of the versatile, multi-use spaces that characterise the downstairs section of the addition, is defined by a Persian rug which highlights the interesting mix of materials used for the floors. The luxurious deepbuttoned Chesterfield couch is from Con Amore OPPOSITE Colin with the children, Zac (6) and twins Jesse and Leyla (3), in the original section of their home. The kitchen has come to serve a slightly different function as the point at which the original house connects to the new living spaces.

The Adam Bar Stools are from La Grange Interiors

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SHOW HOUSE

THE SIMPLE DESIGN ALLOWS FOR CREATIVE LIVING, USING THE SPACE DIFFERENTLY ALL THE TIME

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SHOW HOUSE

THE PROPERTY IS DESIGNED IN SUCH A WAY THAT THE ADDITION COULD STAND ON ITS OWN AS AN INDIVIDUAL HOUSE AT A LATER STAGE

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The original house and the addition meet in the dining room. A pair of Comeback chairs from Kartell at the head and foot of the long antique dining table represent Spanish designer Patricia Urquiola’s take on the classic Windsor chair, creating a dialogue with Jenkin’s Quaker Chairs in the casual dining area alongside the kitchen RIGHT FROM TOP In the kitchen the ceiling was removed to create a greater volume and expose the roof trusses. The steel cabinet is from Amatuli; the wooden figure on the bookshelf (which doubles as a drinks cabinet) is a geometric puzzle that Tammy bought for Colin in Israel, made

by Gaya – The Art of Thinking; a second living/entertainment space functions as a games room, with a beautiful built-in fireplace on a plinth and an exposed chimney

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THE NEW DOWNSTAIRS ENTERTAINMENT SPACE IS LIKE A GIANT PATIO, WHILE AN EXTENSION OF THE ORIGINAL LIVING AREA HAS BECOME A BRIDGE JOINING THE TWO

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SHOW HOUSE

CLOCKWISE FROM TOP LEFT The covered patio has been plumbed and the threshold details have been finished in readiness for a quick, practical conversion; the slide and jungle gym in the back garden are by Danish firm Kompan. The sandpit has been sunk into the lawn, seamlessly integrating the landscape and play areas; the original house and addition are separated by a sliding door, and extends from an outdoor area with a lap pool on one side to a courtyard area on the other; the house features pieces that bridge the gap between modernity and tradition, their sense of craftsmanship beautifully befitting the home’s ongoing dialogue between past and present

FOR SALE This house is on the market with an asking price of R11 million. For more information, contact Michael Capela of Nan Roberts Estates on 082 451 4597 or nanrobertsestates.co.za

OPPOSITE In the upstairs playroom of the new section, the pitched roof of the original house is reinterpreted as a sleeker version, using steel beams instead of trusses to create a refined finish. The dormer windows allow beautiful light into the upstairs rooms. The room features PlayOn creative free-play blocks designed by Colin. The red Togo sofa by Michel Ducaroy for Ligne Roset brightens the space, making a trio of primary colours with the sofa and kitchenette

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LUXURY TREND

OF THE PLATE MICROSCOPIC MAGIC, TRADITIONAL TECHNIQUES AND CHEFS TELLING STORIES LOOK SET TO BE SOME OF THE CULINARY TRENDS OF 2016 TEXT Richard Holmes PHOTOGRAPHS Paolo Terzi and supplied

Gaggan Anand is blowing apart conventional notions of Indian food with his groundbreaking molecular-inspired cuisine. Arresting orbs of raita are the opener on his 10-course degustation menu

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LUXURY TREND

rom back-to-basics in food preparation to the ‘new fusion’, and from pop-up restaurants to unusual dining experiences, ‘People are looking for something fresher, something unique, something braver,’ says Abigail Donnelly, food critic and editor of the EatOut restaurant guide. ‘The chefs that stand out are the ones putting their personality on the plate.’

WHERE THERE’S SMOKE Don’t be surprised if it’s a woodpile, not tech wizardry, you spot in the kitchen.

Top chefs are blending old and new technology, switching off the induction plates and stoking the humble wood fire to infuse dishes with the subtle scent of smoke.

At Etxebarri in Spain’s Basque country, Victor Arguinzoniz has turned cooking over an open flame into a fine art, and his charming countryside restaurant has climbed to number 13 on The World’s 50 Best Restaurants list. Whether it’s tuna belly, Galician beef or slivers of bacalhau on the tasting menu, it all receives a kiss of carefully selected woodsmoke from Arguinzoniz’s grill.

In the Hemel-en-Aarde valley near Hermanus, chef Eric Bulpitt is also using a wood fire in his kitchen at The Restaurant at Newton Johnson, while David Higgs’ new Rosebank eatery is another to watch: expect smoke, flame and a sense of theatrics.

THE EAT-OUT EXPERIENCE Chefs hoping to make a name for themselves are increasingly turning dinner into a multisensory experience. Fine dining isn’t only about the food: a multicourse menu isn’t merely a meal, it’s a journey.

‘Food is most definitely about the experience as a whole, not just what’s on the plate,’ says Scot Kirton, executive chef at La Colombe and the S.Pellegrino Chef of the Year at last year’s EatOut awards.

In Tokyo, chef Yoshihiro Narisawa – number eight in the world – ferments and bakes bread at the table as part of a nature-inspired menu tempting diners to ‘fall under the spell of the season’, while in Modena, Italy, Massimo Bottura tinkers with textures in ‘Five Ages of Parmigiano Reggiano’ at the acclaimed Osteria Francescana.

POP GOES THE CHEF Blame it on itchy feet, renovations or an eye for new markets – top chefs seem to like nothing more than packing up their knife-roll and heading for pastures new.

René Redzepi has taken his Noma team to Sydney, London and Tokyo for sold-out pop-up stints, and Heston Blumenthal transported The Fat Duck experience Down Under while his acclaimed Berkshire restaurant was being renovated. Locally, Luke Dale-Roberts has set up shop at Saxon Hotel Villas and Spa, where he’s wowing Joburg’s culinarily adventurous with his signature style.

COCKTAILS GO NATIVE If bartenders like Luke Whearty have their way, diners’ adventurous palates will also begin to embrace that pre-dinner drink at the bar.

‘It disappoints me sometimes that people will travel to the other side of the world, and walk into a bar and order a negroni,’ says Whearty, head bartender at Outrage of Modesty, Cape Town’s new speakeasy-style cocktail bar. ‘I’d like to see other bars in the world follow our lead and start to focus on native ingredients [that] give cocktails a sense of time and place.’

Behind the bar at Outrage, Whearty has incorporated everything from locally crafted vermouth to traditional amasi (fermented milk), made on site, to place his creations in a uniquely South African context.

MICROBIAL MAGIC And talking of fermenting, expect to see microbes taking centre stage on finedining menus worldwide. ‘The food world is in the middle of a resurgence of old-world preservation techniques,’ notes Kirton. ‘I see a lot of smoking, curing, fermentation and pickling happening in 2016.’

Redzepi has long incorporated lactic-acid fermentations on the Noma menu, while on Boschendal farm outside Franschhoek executive chef Christiaan Campbell displays his towering jars of fermenting cabbage and garlic in the open kitchen at Werf Restaurant. Can you tell the difference between your kimchi and your kombucha? Time to start learning.

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LUXURY TREND

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‘THE CHEFS THAT STAND OUT ARE THE ONES PUTTING THEIR PERSONALITY ON THE PLATE’

International chefs like Massimo Bottura (left) and Gaggan Anand (far left) are redefining the notion of fine dining by bringing heritage, personality and a sense of playfulness onto the plate.

Locally, the likes of La Colombe’s Scot Kirton (above left) and Margot Janse (above) at Le Quartier Français – both awardwinning – are doing the same in a South African context, redefining traditional ingredients through their adventurous cuisine

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THE FOCUS IS ON NATIVE INGREDIENTS THAT GIVE COCKTAILS A SENSE OF TIME AND PLACE

ASIAN ON THE RISE? Along with fermented dishes from the Far East, the Asian influence on fine dining is still enormous, says Donnelly. ‘A lot of chefs are veering away from the richness of European styles and looking instead for zest and zing.’

A fascinating example of this new fusion is to be found in Bangkok, where Kolkataborn chef Gaggan Anand blends the street food of his hometown with his time in the kitchens alongside Spaniard Ferran Adrià. The result? A whirl of progressive Indian cuisine that earned Gaggan’s eponymous restaurant the title of Asia’s Best in 2015.

GET ADVENTUROUS IN YOUR GLASS As sommeliers become the new rock stars of the restaurant world, so wine lists are becoming ever more adventurous, and lists are leaning towards wines lighter in style that perfectly reflect the terroir. By-the-glass offerings are on the rise too: Untitled at New York’s Whitney Museum of American Art is a stellar example with its so-called ‘Untitled Pour’.

‘It’s a rotating selection of unusual wines by the glass, moderately priced,’ explains Lloyd Jusa, head sommelier of the Saxon Collection. ‘It’s a fun way to showcase up-and-coming producers and neat off-the-beaten-path regions, or unexpected expressions from classic regions.’

A HAPPY ENDING Long considered an afterthought, or left to a junior chef toiling in a corner, desserts are slowly being given their due in top-tier kitchens.

‘I’d like to see chefs get more involved with desserts,’ says Donnelly, who rates Margot Janse’s ‘Granadilla, Chocolate, Buchu’ dish at Le Quartier Français in Franschhoek as one of her most memorable dishes of 2015.

FROM LEFT Luke Dale-Roberts brought his boundary-breaking cooking style to Gauteng in 2016; Cape Town’s Outrage of Modesty focuses on local flavours and ingredients in its canon of cocktails; Lloyd Jusa, award-winning sommelier at the Saxon Collection, wants you to leave the welltrodden path when it comes to selecting wines

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MUSIC COMFORT

VIDEO SECURITY LIGHTING

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LIGHTING

SHADOW PLAY

Looking like a sculpture, the Dome light by Benedetta Tagliabue for Spanish lighting design company Bover Barcelona Lights (bover.es) is the ultimate statement piece.

Designed to emit and reflect light and shadow in an artful way, the light is made from beech veneer, metal that holds the shapes together and LED bulbs. The effect is dramatic and theatrical. Available through House of Purelight (houseofpurelight.com).

BRIGHT IDEAS

LIGHTING DESIGN IS LOOKING BOTH BACK AND FORWARD FOR INSPIRATION TEXT Genevieve Putter PHOTOGRAPHS Supplied

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Eli Kalmi of K Light Import offers his lighting tips ■ Don’t overlook the importance of lighting, especially wall lights, when building a new home.

■ Ensure that electric points are incorporated in the planning, including in the bathroom above or next to mirrors. Incorporate enough points in the living area to accommodate table lamps and floor lamps.

■ When adding lighting to an existing home, bear in mind that properly planned lighting can transform any area from dark and drab to bright and beautiful.

■ Ambient lighting can also change the mood, from brightly lit and energetic to softer and more relaxing.

■ Grouping of pendant lights is a big trend, whether they’re from the same family, colour or material or not.

■ Don’t hang pendant lights too low as this may obstruct people’s views. Connect them to a separate switch. And always ensure that the ceiling is reinforced to hold the weight of the fitting.

■ Pendants as bedside lamps is a huge space saver if your area is limited. It can also be an interesting focal point to the room.

ELECTRIC GEOMETRIC Geometric shapes and patterns are all the rage across design disciplines. It’s about symmetry, sharp silhouettes and the interplay between positive and negative space 02 Designed by Bulthaup Kitchens, this kitchen features Cage Suspension pendants by Diesel for Foscarini, stocked by M Square Lifestyle Necessities (msquareonline.co.za), whose mix of shiny solid surface and open grid shell is the ideal complement to this contemporary space 03 K Light Import’s Diamond Cut Copper pendant hits two trends in one: geometric and copper finished (klight.co.za) 04 Designed

by Matteo Uglioni for Italian conceptual lighting company Karman (karmanitalia.it), the Sisma standing lamp is an imaginative play on the skeleton rebar used in the construction industry, incorporating dangling electric cables with bulbs to create an interesting and lighthearted feature. Stocked by Streamlight (streamlight.co.za) 05 The combination of organic bamboo and the domed symmetrical lattice shape of the Chicken Coup hanging lamp by Weylandts has an Eastern aesthetic that we love (weylandts.co.za) 06 Local designers Douglas and Company (jandouglas.co.za) have recently launched their Diskus pendant lights, designed to be as minimalist as possible, with a simple brass disc into which a bulb screws 07 As the name suggests, the Aérostat table lamp designed by Guillaume Delvigne for Fabbian Lighting (fabbian.com) looks like a rocket about to launch. Available through House of Purelight (houseofpurelight.com)

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LIGHTING

‘DON’T HANG THE LIGHTS TOO LOW AS THIS MAY OBSTRUCT PEOPLE’S VIEWS’ ELI KALMI, K LIGHT IMPORT

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LIGHTING

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EACH CRYSTAL BULB IS HAND CUT WITH A PATTERN INSPIRED BY TRADITIONAL WHISKY GLASSWARE

FUTURE FORWARD Innovation, whether artful or technological, pushes the limits of the imagination 08 From Italian lighting design innovators Karman (karmanitalia.it) come these endearing ceramic wall lights. Called TI Vedo, ‘instead of (you) looking at it, the light looks at you’, explains designer Matteo Ugolini. Available through Streamlight (streamlight.co.za) 09 The Balloon light from Casarredo (casarredo.co.za) turns lighting on its head with its clever and streamlined pendant-within-a-bulb design 10 The Drift Light (drift-light.com) has been designed to prime the body and mind for sleep by emitting a much warmer light than normal. Available for international shipping 11 Arik Levy’s Wireflow pendants, designed for Spanish lighting company Vibia (vibia.com), have a distinctly Art Deco look but are fitted with energy-saving technologically advanced LEDs. Available through Newport Lighting (newport.co.za) RETRO-SPECS The retro aesthetic shows no signs of dimming, with new interpretations of old-world aesthetics 12 Karman’s Mek ceramic pendant lights (karmanitalia. it) resemble the cogs of an engine, with the carbon-filament bulb completing the retro effect. Available from Streamlight (streamlight.co.za) 13 Swedish design company Artek’s brass pendant was designed in 1937 by Alvar Aalto.

Its shape stays true to the original but the white cable and inside of the lamp bring it into the 21st century. Artek is stocked by Cube Gallery (cubegallery. co.za) 14 Inspired by a traditional crystal decanter, the Clear Crystal lamp

by Lee Broom (leebroom.com) combines an old-world bulb with a slick minimalist base for the ultimate statement piece

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‘HAYON CAPTURED THE ESSENCE OF THIS ICONIC LANTERN IN A DESIGN FOR A MODERN MILIEU THAT BOTH GIVES LIGHT AND APPEARS LIGHT’ MARTIN KORNBEK HANSEN, &TRADITION

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LIGHTING

MATERIAL CONCERNS

A big part of innovation in lighting design has to do with interesting applications of materials 15 Fusing the ancient Asian paper lantern with a contemporary aesthetic, Jaime Hayon’s version, the Formakami Lamp, is made from white rice-paper with the usual globe shape cut open – a choice made by the designer to increase the level of illumination (hayonstudio.com) 16 Construction materials like concrete and cement have had a huge revival of late, especially as decorative home-interior applications. Radiant Lighting’s (radiant.co.za) range of concrete pendant lights come grouped as one light feature in varying finishes or as separate pieces 17 Karman’s quirky ceramic Crash Light (karmanitalia.it) comes in two pieces – with the bottom half acting as an attractive serving bowl while the top retains its lampshade aesthetic, albeit with a chunk missing. Available through Streamlight (streamlight.co.za) 18 The aptly named Flower Bloom Hanging Lamp from Weylandts (weylandts.co.za) is made from rattan, an old-fashioned material that has been crafted into an interesting shape, finding a happy medium between tradition and innovation

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PROPERTY NEWS, REPORTS, AND DREAM HOMES FOR SALE

GREEN STAR IN JACARANDA CITY PPS Group, a financial-services company, recently opened its new office development in Centurion.

The 23 000m2 PPS Centurion Square, situated in the heart of the Centurion CBD and comprised of two open-plan office buildings, has received a Five Star Green Building Rating from the Green Building Council of South Africa (GBCSA).

Lood Welgemoed of designers Boogertman & Partners Architects says that the building achieves a 61 per cent improvement in carbon emissions just through energy consumption associated with lighting. There’s also a sophisticated system of efficient water fixtures and a grey-water system. pps.co.za

TEXT Genevieve Putter PHOTOGRAPHS Supplied

SOUTH AFRICA IS CURRENTLY A WORLD LEADER IN GREEN BUILDING CONSTRUCTION

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MARKETPLACE

AREA SPOTLIGHT> DURBANVILLE This provides a current snapshot of the Durbanville residential property market.

DEMAND INDICATOR METRICS

PARIS IS ALWAYS A GOOD IDEA Reinventer Paris, launched in 2014, will see 23 feats of urban innovation by some of the world’s leading architectural and design firms spring up in the City of Lights in the next few years. Last year an international panel evaluated submissions and mayor Anne Hidalgo selected the final 23 sites and their accompanying projects. reinventer.paris

n Sale Listings: Properties listed for sale in Durbanville comprise approximately 22% of the total sale listings in the Durbanville area.

Approximately 22% of the interest (views) in properties for sale in the Durbanville area is attributable to properties for sale in Durbanville. n Rental Listings: Properties listed for rent in Durbanville comprise approximately 47% of the total rental listings in the Durbanville area.

Approximately 48% of the interest (views) in properties for rent in the Durbanville area is attributable to properties for rent in Durbanville.

PROPERTY TYPES n Sale Listings: A typical property for sale in Durbanville is a four-bedroom house, currently with a median asking price of R3,3m. n Rental Listings: A typical property for rent in Durbanville is a four-bedroom house, currently with a monthly median asking price of R23 400.

MEDIAN ASKING PRICES n Sale Listings: The median asking prices for residential property in Durbanville are R2,91m for a house, R3,96m for a complex and R740 000 for an apartment. n Rental Listings: The median rental prices for residential property in Durbanville are R22 100 per month for a house, R12 380 for a complex and R7 900 for an apartment.

CONFERENCE CALLING With business travel at the top of Cape Town Tourism’s agenda, the launch of the Century City Conference Centre (CCCC) and adjacent hotel couldn’t have come at a better time. Joint CEOs Glyn Taylor and Gary Koetser travelled the world extensively to bring global conferencing trends to the new venue. Design features and artworks have been thought through to the last detail, while the tech is cutting edge – a fast 200Mbps connection offers each conference guest access to up to 500MB per day as part of the conference package. The hotel has 125 rooms, bringing the number of rooms in the area to 600 in total – all within walking distance of the CCCC. ccconferencecentre.co.za

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Currently the total value of residential properties listed on Private Property in Durbanville is: n Sales R581 974 000 n Rentals R272 000

BUYING VS RENTING The monthly bond repayment to purchase a typical property in Durbanville, namely a four-bedroom house with a median asking price of R3,3m, is R32 394 per month over 20 years at prime of 10.25% with no deposit.

The median asking rental for the equivalent property is R23 400 per month.

These findings used market data for the period 1 February 2016 to 1 March 2016.

GO ONLINE For more on these stories, visit our website at www.realestatemagazine.co.za.

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LH 570

Exceptional homes. Powerful network. Finding your home is a personal process of discovery. The accomplished global network of LuxuryPortfolio.com is ready to assist in the journey. To explore the world’s finest properties, enter the web reference for details.

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R23-MILLION

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WATERFALL EQUESTRIAN ESTATE, SANDTON, GAUTENG, SOUTH AFRICA

Behind the walls of this exclusive estate, this newly built home situated on three glorious acres is the epitome of luxury. A central dining court providing natural ventilation is at the heart of this lavish home, and is surrounded by flowing reception areas and kitchen. The spacious entertainer’s patio with panoramic views overlooks the large garden and pool, while the five en-suite bedrooms are the last word in sumptuous comfort. Double staff accommodation, triple garage, ample parking and access to all the amenities this exclusive estate has to offer make this an irresistible opportunity.

Bedrooms 5 Bathrooms 5 Garages 3 Living areas 2 Gareth Osterloh +27 (0)72 382 8914 garetho@everitt.co.za www.chaseveritt.co.za web ref: 13300409

LH 571

Exceptional homes. Powerful network. Finding your home is a personal process of discovery. The accomplished global network of LuxuryPortfolio.com is ready to assist in the journey. To explore the world’s finest properties, enter the web reference for details.

LEIGH, TONB RID GE, UNITED KINGD OM

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This magnificent country estate overlooking the village of Leigh offers a gracious lifestyle. The Grade II listed Victorian mansion is set beside an expansive lake in mature, beautifully landscaped gardens and parkland. There are various ancillary buildings, including a traditional courtyard of coach stores and stables, a walled garden and tennis courts. Within the estate lie five cottages and farmland encompassing 277,38 acres. An additional 228 acres of farmland neighbouring the park and another cottage are also available by separate negotiation.

Bedrooms 8 Bathrooms 5 Reception areas 4 Rory O’Hagan +27 (0)83 328 8888 rory@everitt.co.za www.chaseveritt.co.za

LH 572

Whether you are looking to buy or are considering selling in the greater northern suburbs, you really should be talking to us — Vered Estates, a specialist agency catering to the best of Johannesburg’s northern suburbs.

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R39,999,999

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MORNINGSIDE, JOHANNESB URG, GAUTENG, SOUTH AFRICA

With 180-degree views, this sublimely situated penthouse on three levels epitomises contemporary luxury. Includes three spacious reception rooms with access to two top levels by private elevator. Four en-suite bedrooms, a comfortable family room, spacious games room, two studies, an impressive kitchen, scullery and pantry, outdoor putting green, entertainer’s terrace with rim-flow pool and Jacuzzi, and a natural garden are just a few of the features that make this state-of-the-art penthouse apartment worthy of a private viewing.

Bedrooms 4 Bathrooms 4 Garages 6 Living areas 4 Irene Kosviner +27 (0)72 830 9080 Charles Kallenbach +27 (0)82 411 7107 www.vered.co.za web ref: 113567

LH 573

HERMANUS PROPERTY SALES: the professional property people. Specialists in this blue-chip enclave of South Africa, with a combined local knowledge of over 100 years.

Privately owned and managed, offering professional, friendly and efficient service.

FERNKLO OF, HERMANUS, WESTERN CAPE, SOUTH AFRICA

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R15-MILLION

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This famous Cape Dutch homestead on the doorstep of Fernkloof Nature Reserve enjoys a prime spot at the end of a leafy cobbled cul-de-sac. The mature 2 480m2 garden with walkways and beautiful trees all under borehole irrigation is a fitting setting for the baronial proportions of this gracious home. The traditional ‘voorkamer’ reception room sets the scene for the expansive home within, where the magnificent study/TV lounge, spacious living areas and farm-style eat-in kitchen are flooded with natural light. Outstanding features include engineered oak flooring, shutters, high ceilings, heated saltwater pool and koi pond. All in immaculate order.

Bedrooms 4 Bathrooms 4.5 Garages 2 Living areas 2 John Leppan +27 (0)82 801 5252 hps@hermanus.co.za www.hpsrealty.co.za web ref: FK-21

LH 574

Our team is committed to providing excellent service, agents who are knowledgeable about their areas, a flawless paper trail and excellent after-sales service. Our agents work in all areas to ensure the relationships built up with our clients, applicants, corporates and their employees are nurtured, and customers are not passed on from pillar to post.

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R11-MILLION

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B RYANSTON, SANDTON, GAUTENG, SOUTH AFRICA

A truly breathtaking home on an immaculate Bryanston acre.

This exquisite home benefits from an excellent entertainer’s patio overlooking a beautiful landscaped garden and solarheated infinity pool. An immaculate kitchen captivates the heart of the home. Three stylish reception rooms lead onto a garden-view patio with built-in braai. Triple automated garage and double staff quarters. This home is equipped with an automatic 44 KVA generator, three solar geysers, central air conditioning, underfloor heating, borehole and state-of-the-art security.

Bedrooms 5 Bathrooms 5.5 Garages 3 Living areas 3 Robert Bell +27 (0)82 675 5815 robert@frankiebells.co.za www.frankiebells.co.za web ref: FB006677

LH 575

Our core focus of business is the marketing and sales of residential property in Greater Johannesburg. Particularly well represented in the older established suburbs, our brand is instantly recognisable.

We are an exclusive agency specialising in a niche market, and consider ourselves to be the benchmark in service excellence.

ILLOVO, JOHANNESB URG, GAUTENG, SOUTH AFRICA

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R16.5-MILLION

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Breathtaking volumes are the hallmark of this architectural modern masterpiece set in a striking landscaped garden.

Theatrical spotlights complementing the vaulted ceiling hint at the drama within. Open-plan living spaces, a banquet-sized dining room, gourmet chef ’s eat-in kitchen with five ovens and expansive covered patio make this home an entertainer’s dream. The four en-suite bedrooms include a sublime master suite with dressing room, steam shower and sauna, while living areas include a fabulous TV lounge with central fireplace and a floating library/study upstairs.

Bedrooms 4 Bathrooms 4 Garages 3 Living areas 3 Denise Farber +27 (0)82 558 5154 denisef@russellfisher.co.za Sheila Couvaras +27 (0)83 380 7533 sheila@russellfisher.co.za www.russellfisher.co.za web ref: 355

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Catering to the discerning luxury market.

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B RYANSTON, SANDTON, GAUTENG, SOUTH AFRICA • R29,5-MILLION

This contemporary masterpiece is set on the view slopes of Mount Street. Excellent workmanship, expansive proportions and superb finishes are key in this newly constructed mansion. From the double-volume entrance, numerous formal and informal living spaces open onto the entertainer’s enclosed covered patio that overlooks an acre of indigenous gardens and features an indoor lap pool.

A cold room completes the gourmet social kitchen. Four double bedroom suites include a main bedroom suite of indulgent proportions with a private lounge. A separate pyjama lounge and study plus four luxuriously appointed marble-clad bathrooms ensure total comfort, and the selfcontained guest suite features a lounge, kitchen and private entrance. Finishing touches include luxe staff quarters for two, garaging for four and a dedicated guard house.

Bedrooms 4 Bathrooms 4 Garages 4 Living areas 4 Erica Porter +27 (0)82 871 7669 erica@hamiltons.co.za www.hamiltons.co.za web ref: 3137609

B RYANSTON, SANDTON, GAUTENG, SOUTH AFRICA

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R11,95-MILLION

Distinguished by its French-inspired styling, solid teak and marble flooring, American Shutters and fresh white accents, this masterpiece is centrally located in Bryanston East on over 2 000m² of manicured surrounds. From the impressive entrance hall with sweeping teak staircase, numerous reception areas spill onto the entertainer’s covered patio, which overlooks level gardens and heated feature pool. This generous home has five double bedroom suites, including the indulgent main suite which is set apart by a steam shower, fireplace and study. The additional guest cottage comprises kitchenette, lounge and en-suite bedroom. Luxe double staff quarters, garaging for three cars, a generator and additional features too numerous to mention complete the luxurious package.

Bedrooms 5 Bathrooms 4 Garages 3 Living areas 4 Regan Harris +27 (0)82 320 6464 regan@hamiltons.co.za www.hamiltons.co.za web ref: 13304597

LH 577

LH The RE/MAX Masters team have been prominent in the residential letting and sales field for the past 15 years in your area, including Sandton, Randburg, Roodepoort and Johannesburg. We take pride in exceptional high service delivery

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B LAIR ATHOLL, LANSERIA, GAUTENG, SOUTH AFRICA • R30-MILLION

Bedrooms 5 Bathrooms 5 Garages 6 Living areas 5 Donna Sipman +27 (0)83 299 1575 donna@remax-masters.co.za www.remax.co.za web ref: BRYN-2274

B LAIR ATHOLL, LANSERIA, GAUTENG, SOUTH AFRICA • R15-MILLION

Tranquillity is the order of the day at this magnificent country home set in a peaceful 3 564m2 property. Expansive views over the surrounding countryside and rolling hills as well as a garden pond that attracts wildlife including buck and a wonderful array of birds guarantee true serenity. Five generous bedrooms, most en suite, make this the perfect home to share with family and visiting friends who can enjoy the very essence of country living.

Bedrooms 5 Bathrooms 5 Garages 3 Living areas 2 Donna Sipman +27 (0)83 299 1575 donna@remax-masters.co.za www.remax.co.za web ref: BRYN-2472

™

Tick off every item on your luxury-home wish list with this magnificent mansion in Blair Atholl. Set on undoubtedly the best stand in the exclusive estate of Blair Atholl, this remarkable home enjoys views of the golf course, pristine Crocodile River and beautiful countryside. Tranquil koi ponds set the tone before you enter the impressive entrance with its dual floating staircase. Special features include a home theatre, cold room, wine cellar, biltong-making room, full spa, indoor pool, gym, elegant bar, and aircon, under-flooring heating and double glazing throughout. The parklike gardens extend to over 9,600m² with a replica green and rolling lawns flowing into the fairway below to the river. Triple staff quarters and six garages complete this exceptional proposition.

LH 579

LH 246

Knight Frank, the world’s largest privately owned global property agency, has more than 100 years of experience in selling and renting residential properties. We assist clients in every aspect of buying, investing in and selling property.

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UPPER CLAREMONT, SOUTHERN SUB URB S, WESTERN CAPE, SOUTH AFRICA • R24-MILLION

This landmark home is in a most desirable part of Upper Claremont. With wonderful mountain views and sweeping lawns, the property offers the finest in luxury living.

Previously the British Consulate, the home features grand reception rooms and ample accommodation for family and guests. Every amenity for entertaining on a grand scale has been considered, including an expansive balcony with beautiful views of Table Mountain, a tennis court, swimming pool and pool house with jacuzzi, sauna, shower facilities and kitchen. A separate flatlet, garaging for four cars, off-street parking for guests and state-of-the-art security enhance this magnificent family home.

Bedrooms 4 Bathrooms 3 Garages 4 Living areas 2 Anne Goddard +27 (0)82 777 7107 annie.goddard@res.za.knightfrank.com Ruth Leach +27 (0)82 323 7550 ruth.leach@res.za.knightfrank.com www.knightfrank.com web ref: ZA6214

FRESNAYE, ATLANTIC SEAB OARD, WESTERN CAPE, SOUTH AFRICA • R28,5-MILLION

A modern, spacious home with breathtaking views.

Interior features include a spacious living/dining area with fireplace, a luxury master suite, additional bedrooms including a guest suite, and a TV room. An entertainment/ pool deck offers fabulous north-facing sea views. Direct lift access, plenty of parking, staff accommodation and a generator complete this very special property.

Bedrooms 5 Bathrooms 4 Garages 3 Living areas 2 Shan Hulbert +27 (0)82 521 4410 shan.hulbert@res.za.knightfrank.com www.knightfrank.com web ref: ZA3193412

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ADVERTORIAL

KING OF THE

HILL WELCOME TO THE ATLANTIC SEABOARD’S HOTTEST NEW ADDRESS

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oised on a pristine security estate between Lion’s Head and the Atlantic Ocean in Cape Town, Bantry Hills is the ultimate expression of taste, leisure and inimitability.

With its hectare of verdant gardens, three breathtaking villas, luxurious penthouse and spread of amenities, Bantry Hills redefines luxury estate living. There’s a 20-metre indoor pool, an outdoor pool, a health club/gym, a doublevolume glass lobby/lounge and a business centre where a concierge is on hand to assist residents.

PENTHOUSE ONE The crown jewel of Bantry Hills, Penthouse One offers sweeping 360-degree views of the Atlantic Seaboard. This expansive three-bedroom double-

volume unit in the sky has private elevator access, three garages, a private pool and an open rooftop from which to enjoy the panoramic views.

VILLAS The villas offer discerning investors the convenience of home living with the privacy, luxury and security of estate living. Each of the uniquely designed Bantry Hills Villas is a work of art that defines both luxury and space. They measure between 450m2 and 670m2, and have four bedrooms, a dressing room, a media room, a scullery and four-car parking. These bespoke homes feature majestic private gardens, expansive terraces and private pools that wrap around luxury interior spaces. They’re priced from R19,5 million including VAT (no transfer duty payable).

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SPECIAL REPORT

THE COAST LIVING AT THE COAST – OR, INDEED, INVESTING IN A SEASIDE HOLIDAY HOME – WILL ALWAYS HOLD A SENSE OF PRIVILEGE. BUT IN ADDITION TO THE OBVIOUS ENCLAVES, ARE THERE OTHER, LESSER-KNOWN SPOTS WHERE THE SAVVY ARE PUTTING DOWN ROOTS? TEXT Anne Schauffer PHOTOGRAPHS iStock, Novos Group, Supplied

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he country’s top 10 suburbs have an average sales price of R10-million plus, and, unsurprisingly, four are the Atlantic Seaboard’s Clifton, Bantry Bay, Camps Bay and Llandudno.

The average price of property in the frontrunner, Clifton, nudges the R20-million mark.

Samuel Seeff, chairman of the Seeff property group, observes that at the close of 2015 this was about 34 per cent higher than the average at the same time the previous year, and about R5 million more than the average of the next-most-expensive suburb. ‘In reality, though, there’s very little in the way of houses on offer around this price mark in Clifton, and you’d need upwards of about R30 to R40 million, to well over R100 million, to make any serious offers here,’ he adds.

House prices at runner-up Llandudno average out at about R11 million, 50 per cent more than five years ago. Seeff says the boost comes on the back of an increase in high-net-worth buyers paying up to R40 million this year for luxury villas.

James Lewis, Seeff’s MD for the area, says, ‘Where it used to attract older buyers, often retirees, it’s now younger trendy buyers, especially families and professionals.

As much as 75 per cent of buyers are now in this demographic.’ A drawcard for family buyers especially are the bigger plots of about 990m2 to 1 300m2.

Lewis says that 20 to 30 per cent annually of property is sold to foreign buyers, predominantly from the UK and Germany, ‘many of whom migrate here over our summer, sometimes for up to six months of the year’. The African nouveau riche is another buyer profile, snapping up property in this belt.

But what about other areas along our coastline? Are there little spots getting bigger reputations? For sure. For investors, the first question has to be about intention, and those permutations are endless. Just as our decision surrounding our primary residences is increasingly driven (globally) by accessibility to work/schools/family – hence the trend towards mixed-use developments and living – so, too, a holiday home.

Is it a weekender, or farther away so it’s generally for long school holidays?

Added to the mix are the global holiday-letting sites such as Airbnb and others, so if cleverly managed, it’s possible for even those who don’t play in the big-league end of the market to enjoy and fund the best of all worlds.

Ling Dobson is Pam Golding Properties’ area principal for Knysna and Plettenberg Bay, a perennially popular coastal stretch. She believes that internationally the trend towards owning a leisure property is on the increase, although not necessarily for the obvious reason: ‘Very often, the usage factor is secondary to the investment aspect and potential for holiday-rental income,’ she says. ‘According to HomeAway, a global online vacation rental marketplace, an astonishing 89 per cent of newly purchased holiday homes are being rented out within the first year. They say today that 23 per cent of buyers intend renting out the property compared to only seven percent in 2004.’

It’s a clear sign that the growing popularity of holiday rentals is impacting buyers’ investment intentions. Dobson says this trend is manifesting in South Africa and

particularly in Knysna and Plett, where the holiday-home rental demand is high and therefore at a premium.

‘If you’re planning to buy a holiday home for your own partial use or future relocation, make a decision about the lifestyle offering, not purely the investment returns,’ she advises.

CAPE WEST COAST Along the West Coast, little holiday villages like Langebaan, an hour’s drive from Cape Town, have reinvented themselves. Pierre Germishuys, MD for Seeff’s West Coast operation, says sales have doubled in just five years, the average house price up by R500 000 from around R1 million three years ago. It’s young families who’re relocating here from upcountry or surrounding villages, and commuting.

Development has spawned a very active holiday-rental market, with daily rates per night of up to R2 200 midweek and R3 350 on the weekends.

CAPE EAST COAST Heading east from Cape Town, Hermanus, once a haven for retirees and holidaymakers, has an entirely fresh and funky reputation. Pam Golding Properties reports that at least 70 per cent of buyers are relocating there permanently. Only an hour and a half’s drive from Cape Town and the airport, it’s now home to well over 26 000 year-round residents.

Pinpointing the most active home-buying areas outside of the Atlantic Seaboard hotspots, Samuel Seeff underlines Hermanus. ‘It had a particularly good 2015, with beachfront sales ranging to R24 million,’ he says. Sales volumes doubled, stock levels went down by up to 30 per cent, and there’s little to buy below R1,5 million.

Developers are active and the need is largely for small lock-up-and-go units selling off plan, as demonstrated by Seeff’s 25 sales in four months at Mariner’s Village alone.

The quieter outskirts of Onrus, Vermont and even Fisherhaven still offer excellent buys, priced around R2,5 million, but stock is now in short supply in areas such as the Fernkloof Golf Estate.

Axel Maier of Rawson’s Pringle Bay/Betty’s Bay franchise describes Pringle Bay as holiday-home heaven. ‘There’s no room for the town to expand – and only freestanding homes, no sectional-title developments – so it’s contained, with near-zero crime and a constant waiting list of prospective holidaymakers in season, and ditto for residential long-term rentals,’ he says.

Nicola Lloyd is Pam Golding Properties’ agent in Pringle Bay/Rooi Els, and she says ‘locational efficiency’ is one of the key driving forces behind the increasing popularity of living or having a holiday home there. Her list of reasons – other than proximity to Somerset West and Cape Town – is largely around the extreme natural beauty: ‘They’re located within the UNESCO-proclaimed World Heritage Site of the Kogelberg Biosphere Reserve – urban conservancies with environmental management by Cape Nature, and Rooi Els is an international birding area.’

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‘ACCORDING TO GLOBAL ONLINE HOLIDAYRENTAL MARKETPLACE HOMEAWAY AN ASTONISHING 89 PER CENT OF NEWLY PURCHASED HOLIDAY HOMES ARE BEING RENTED OUT WITHIN THE FIRST YEAR’ LING DOBSON, PAM GOLDING PROPERTIES AREA PRINCIPAL FOR KNYSNA AND PLETTENBERG BAY

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‘House prices have remained stable, but we have an oversupply of vacant land, so it’s a buyers’ market in that sector,’ she says. ‘An average 600m2 stand costs less than it did in 2012. The biggest demand is for homes and long-term residential rentals.’ She says that their buyers have been 42,8 per cent from greater Cape Town, 38,1 per cent from Gauteng, 14,3 per cent international and 4,8 per cent from other South African provinces.

Stilbaai and Jongensfontein are always popular because of their safe beaches, says Jennifer Seggie, Pam Golding Properties’ area principal there. But it’s also a retirees haven. Comprising largely freestanding houses, Bosbokduin Estate is, says Seggie, a favourite because of its nature-reserve setting. Closer to the beach, holiday rentals are pegged at around R3 000 per day for an eight-sleeper house.

The Garden Route high-tourist stretch around Knysna, and the Wilderness, will always be a holidaymakers’ drawcard, but Rawson’s Knysna franchisee Peter Southey has noticed a similar trend in Knysna as that in George, with increasing numbers of permanent residents. ‘We’ve always been a popular retirement destination, but we’re also seeing a lot of commuter families moving in,’ he says. ‘The breadwinners work in George or even Johannesburg.’

Southey considers Buffalo Bay, Brenton-on-Sea and Thesen Island as the major teasers for both local and international buyers. There’s a good mix of freestanding homes, and numerous great gated, golf and lifestyle estates, including Pezula, Simola Golf Estate, Eastford Country Estate and Knysna Lifestyle Estate (he puts Thesen Island into the ‘lifestyle estate’ category).

Suzi Bilyard, Seeff’s principal there, confirmed Thesen Island as Knysna’s biggestselling suburb despite the premium that properties in this prime waterside location attracts. ‘There’s a severe undersupply of stock, and cash-ready buyers are lining up for the next listing. Seven of the 10 most expensive properties sold in Knysna for the year ending July 2015 are located on Thesen Island and account for a total sales value of R63,7 million,’ she says.

‘With demand outstripping supply, we’re also seeing a boom in the capital value growth of homes in the suburb. The average price, which includes the Dry Mill apartments but excludes the islands and business premises, has moved from R4,375 million in 2013 to R5,222 million in 2014; and, with 13 registered transfers in 2015, it’s currently at R6,464 million. [Figures for 2016 aren’t available yet.]

That equates to growth of a phenomenal 43,7 per cent.’

Dobson says, ‘The Garden Route, Knysna and Plettenberg Bay are not yet seeing the capital appreciation that Cape Town and the Atlantic Seaboard experienced. We didn’t experience their huge surge, but ours is happening now, with European and UK buyers plus expats reinvesting with the favourable exchange rate. Estate living is top of the wish list, with Whale Rock and Brackenhurst at the top end.’ And the rental market? ‘It’s doing well. Historically, we haven’t offered a good return on long-term rentals, but even this is now showing a far higher return on investment.’

Seeff Plettenberg Bay’s Kevin Engelsman confirms, ‘Property here remains a sound investment. An analysis of sales over the last few years shows a return on sellers’ investment of 15 per cent on average over a nine-year period, significantly above the inflation rate of around six per cent in 2014.’

Pam Golding Properties’ area principal in George, Stephen Murray, has recently sold two Wilderness properties at ‘the very top end’, one on the beachfront for R16 million, the other a smallholding in Victoria Heights for R18 million. Prices and number of sales have increased, and he puts this down to the lifestyle that suits both the commuter with a younger family, and retirees. ‘Fancourt is always a treasured destination with buyers, mostly South Africans from Gauteng and the Western Cape,’ he says. ‘We’ve also sold to international buyers in Wilderness and Kingswood. In George, there’s a renewed interest in gated estates, especially from a vacant-land perspective, and we think it’s as a result of this market being more security conscious.’

OPPOSITE At Uitzicht, Western Heads in Knysna, this majestic house with its 10 bedrooms (nine en suite), six garages, guest cottage, manager’s house, stabling for two horses and private jetty is on the market with Pam Golding Properties for R59m. With breathtaking views over the lagoon and out to the Outeniqua mountains, the home has a borehole and generator, making it potentially self-sufficient in terms of power. This is the lifestyle for which big-city dwellers yearn, and it’s why the ratio of permanent residents to holidaymakers is rising BELOW This glorious Plettenberg Bay beach house, which has direct beach access and panoramic sea views, is on the market with Seeff for R44m. Complete with heated swimming pool and a celebrity-chef-designed kitchen with a cold room, it’s sited in prime position in one of the country’s hottest holiday spots

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EASTERN CAPE A surf and watersports mecca, this stretch of coastline draws a diverse range of investors, predominantly in holiday homes. Richard Ardene, Pam Golding Properties’ area principal for St Francis Bay, describes the demographic as roughly 30 per cent permanent residents. ‘Pilots, yachtsmen, oil-rig workers… about half the men between 30 and 55 work out of town for anything from a few days at a time to a few months. Some commute to PE daily, some to Johannesburg for a few days, and many commute around the world.’

He adds, ‘To be able to walk 10 metres to your boat on your private jetty, cruise the canals, go out into the river and out the mouth into the protected St Francis Bay… this is the lifestyle that Gautengers aspire to.’ He confirms a huge rental demand for Christmas and New Year, when the population rises from 5 000 to 50 000: ‘A bit crazy but loads of fun.’

From Ardene’s perspective, 2014 and 2015 have been their best years yet, with sales in 2015 nudging R105 million. ‘St Francis has had the highest prices in the Eastern Cape, with four sales over R10 million, and two of those over R20 million, and many more who’ve invested over R10 million buying a plot and building. No other suburb or town in the Eastern Cape has prices as high on average as the canals, most in the R4- to R6-million range, but many much higher.’

Michael Wilmot, Pam Golding Properties’ area principal in Kenton-on-Sea, believes Kenton is hot property. ‘The magnificent coastline with its three Blue Flag beaches, flanked by two navigable rivers – the Bushmans and the Kariega – plus Big Five game reserves up the river, make it the perfect bush-meets-beach lifestyle for holidaymakers and residents. Bushmans River, Boknes and Cannon Rocks are also favoured. Every single rental property in our stock was rented out this past season.’

KWAZULU-NATAL ‘There’s little doubt the North Coast stretch, from Durban North through to Umdloti, Ballito, Salt Rock and even Sheffield Beach, is the most sought after in the province, even the country,’ says Carol Reynolds, area principal for Pam Golding Properties Durban Coastal. Areas within easy reach of the Umhlanga business hub have seen significant increases in value, particularly in prestigious gated estates like Zimbali and Simbithi.

The proximity of King Shaka International airport and quality schools to Umdloti, Ballito and Umhlanga has meant that, increasingly, settling a family in a lifestyle estate there and commuting to Joburg is an affordable, attractive option. Many homes are investment buys, either for holidays or a combination of holiday now, retirement later.

The world-class golf estates draw national and international investors and are proving more affordable and resilient investments than up- or out of the country. First phases of new mixed-use developments at Umhlanga and Umdloti have created massive interest, and were fully subscribed by their launch dates.

‘The stereotype of living on the coast is 100 per cent true,’ says Simon Bray, CEO of Private Property. ‘You get a nice surf in before work in the morning and walks on the beach in the afternoons. But what’s really interesting is showing people another side of the property market. Umhlanga, for instance, has long been stereotyped as a holiday town, but it’s much more than hotels and two weeks a year at the beach. It’s actually the third-biggest property market in South Africa, after Sandton and the Atlantic Seaboard.’

For secret gems, KwaZulu-Natal’s South Coast is where you’ll find older beach cottages. There’s a certain cachet about the lack of glitz in these old, rambling properties, and relative affordability means young families can consider a second property – or syndicate it with a group. And with its retirees-first reputation, the growth of the South Coast’s infrastructure is definitely opening the door for other investors drawn to the ‘golf coast’ and its appealing lack of shine.

BELOW Pam Golding Properties’ Richard Ardene lives in St Francis Bay, a mere 20km from the surfing mecca of Jeffrey’s Bay. With warmer water than Cape Town, St Francis Bay is prized for its numerous water-based activities, and in holiday season the canals are where it all happens OPPOSITE The luxurious homes at prestigious Zimbali Estate outside Ballito on KwaZulu-Natal’s North Coast are bedded into the indigenous landscaping, either sea facing or deep in the lush forest that covers this stretch of coastline

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Zandspruit

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SPECIAL REPORT

VACATION RENTALS n Consider return on investment through reputable agencies in established developments such as the Cape Town’s V&A Waterfront marina apartments, Thesen Island in Knysna and Zimbali in KwaZulu-Natal (below). n Airbnb – Whether you’re offering a seaside villa or a mattress in the corner of your living room, it costs you nothing to let out your space online. You decide the price, upload your photographs and update your calendar to reflect when it’s available to rent. You can set custom prices for individual nights and weekends, special events and monthly stays.

There are numerous failsafe aspects to this website and rental scheme, and millions worldwide are both letting and renting. airbnb.com n HomeAway – HomeAway is a vacation rental marketplace with more than a million listings in 190 countries, and with 1 588 employees. You can let out and hire different levels of accommodation. homeaway.com

‘THE STEREOTYPE THAT PEOPLE HAVE OF LIVING ON THE COAST IS 100 PER CENT TRUE. YOU GET A NICE SURF IN BEFORE WORK IN THE MORNING AND LOVELY LONG WALKS ON THE BEACH IN THE AFTERNOONS’ SIMON BRAY, CEO OF PRIVATE PROPERTY GOOD TO KNOW ‘In the popular coastal resorts on the Garden Route you’ll generally find that you can cover a fair percentage of your expenses by renting the property out as a vacation home for as little as 18 weeks a year, which means you also have plenty of time to enjoy your home with friends and family,’ says Ling Dobson, Pam Golding Properties area principal for Knysna and Plettenberg Bay. In KwaZulu-Natal, Gareth Bailey, Principal of Tysons Umhlanga reports that ‘although there is still a level of interest in purchasing holiday homes or investments, this has lessened.’ However, Myles Wakefield, CEO of Wakefields, believes that ‘new coastal developments coming off the drawing board are undoubtedly energising the north coast market, with keen interest from local, national and international buyers.’ This will no doubt boost the opportunities for the holiday rental market. In the meantime, ‘there’s a steady demand for properties which, aside from sea views, breezes and indigenous coastal vegetation, capitalise on the great sense of space this coastline provides.’

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RAIN M AKE R M ARKE TIN G 03/2016

Your last opportunity to own a piece of unique forest beauty.

Set in Umhlanga and hidden amidst the majestic Hawaan Forest, which

dates back some 18000 years, lies a treasure trove of property that is yet to be discovered by many – Hawaan Forest Estate. Now in its final phase of release this Estate, inspired by the architecture of Stefan Antoni, not only offers the most extraordinary backdrop within an upmarket lifestyle estate, but can also lay claim to being 100% crime-free.

The final phase includes stands ranging from 1140m² to 3100m², and represents the last and ultimate opportunity to build your dream home within one of KwaZulu Natal’s most premier gated estates.

Contact Tyson Properties on 074 786 4564

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Bryanston R 12 900 000 EXQUISITE FAMILY HOME GEARED FOR STYLISH ENTERTAINING AND FIRST CLASS LIVING Look no further; this magnificent home has it all - superb finishes throughout, excellent design and flow, great security and prime location. From the inviting entrance, 3 spacious receptions spill onto an entertainer's dream patio overlooking a feature pool and beautifully landscaped garden, stunning well appointed open plan social kitchen with cocktail area, 5 luxury bedroom suites, upstairs pajama lounge and study, garaging for 4 vehicles, fabulous double staff accommodation, top notch security plus numerous extras ...

Conveniently located close to excellent schools, popular shopping malls and easy access to main arterial routes. This exceptional home is a definite must view!

Esme Thomson 074 120 9014 Web Ref 102521246

Bryanston R 9 000 000 EXCLUSIVE MODERN FAMILY HOME IN PRESTIGIOUS ST. JAMES CRESCENT, BRYANSTON EAST Magnificent double-volume entrance hall leads to stunning open-plan receptions featuring travertine tiling and cosy fireplace. Beautiful open-plan eat-in chef's kitchen with feature ceiling and scullery as well as separate laundry. All receptions open to huge covered entertainer's patio and spacious garden. All 4 upstairs bedrooms and pyjama lounge access large balcony.

Guest suite is located downstairs and opens on to the garden. Luxurious main bedroom suite features fireplace and large dressing room. Underfloor heating throughout. Triple garaging and good visitors' parking. Good staff accommodation. Great location in sought-after Bryanston East.

Gisela Collins 083 233 5398 Web Ref 102764898

Bryanston R 8 999 000 EXQUISITE CLUSTER IN PRIME, SECURE LOCATION This home has it all! The splendour of nature, luxurious accommodation and superb indoor/outdoor flow perfect for stylish entertaining. Boasting a grand double volume entrance with a magnificent atrium and water features which form the focal point of the living areas. State of the art chef's "eat-in" kitchen with separate pantry, laundry and scullery. Formal dining room, family room and superb entertainment lounge complete with fitted bar and snooker room spilling onto a covered entertainer's dream patio overlooking the beautifully manicured garden and sparkling pool. 4 spacious en-suite beds, (3 upstairs with balconies), 4.5 baths, upstairs relaxing lounge with study and kitchenette. Automated garaging for 3 cars, double staff and excellent security. Well positioned in a small, elite complex of 3 stunning homes in a boomed enclosure close to main arterial routes, good schools, shopping centres and Sandton CBD.This outstanding home is a definite must to view!

Web Ref 103099495 Esme Thomson 074 120 9014

DREAM HOME

STOCKHOLM Set on almost one-and-a-half hectares of well-treed grounds, the beautifully restored Fogelvik Castle has passed through successive hands of Swedish royalty since the 1400s. This heritage property, which comprises the main castle and a pair of spacious wings, all with landmark status, retains its traditional stone floors and walls adorned with the original murals. It also boasts eight lofty bedrooms, most with fireplaces, a grand oval dining room with a six-metre-high ceiling, a library, billiard room, wine cellar and two generously sized living rooms, both of which lead to a seafront terrace. It’s on the market for 35 million Swedish krona (approximately R63 million) with Sotheby’s International Realty (sothebysrealty.com, property ID: 4SHVHX).

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USEFUL CONTACTS n Swedish Embassy (in Pretoria) swedenabroad.com/pretoria n Sweden’s state-owned mortgage broker (includes a mortgage calculator) sbab.se n Stockholm’s official visitors’ guide stockholmtown.com n Official gateway to Sweden sweden.se n Official Swedish tourism site visitsweden.com n Official source of information about working in Sweden (includes a house-buyers’ guide) work.sweden.se

TEXT Jocelyn Warrington PHOTOGRAPH Supplied

I WA N T T O L I V E I N …

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OPTIONS AND ‘I DO’ Attorneys are sometimes at pains to explain that the law is not an ass, contrary to the popular retort when a client loses a transaction he or she believed was ‘in the sack’.

Rather, the failure to comply with the prescripts of an agreement is often the culprit.

In the December 2015 ruling in Clicks Retailers (Pty) Ltd v Killarney Mall Properties, the large retailer attempted to renegotiate aspects of an envisaged lease renewal in terms of an option to renew, granted to it by the developer of a shopping centre. In the process, it failed to exercise the option timeously and lost the opportunity to tenant the premises. The court cautioned that when exercising

an option, the prescripts of the wording of the option must be followed and a clear “I do” message is necessary to show you are exercising the option. Commencing negotiations instead, fell short of conveying affirmation of the exercise of the option, with costly consequences.

The same principles apply where an option to buy property is dealt with. Property transactions often have unappreciated complexities. Our advice is therefore that to safeguard your interests, always consult with a property law expert. Contact us at info@stbb.co.za or on www.stbb.co.za

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