Cape Town - The St James mansion, also now known as Graceland, has been on the property market for three years and is sporting a whopping price tag of R57 million, according to Remax properties.The mansion was built in 1914The property had previously been known as “Watergate.”Remax properties indicate the property, 252 Graceland, St James, Main Road, is a once-in-a-lifetime opportunity to be the owner...
The growing cost of living, along with a scarcity of affordable housing alternatives, has prompted many South Africans to explore alternate ways to make homeownership more feasible.Dual-occupancy is a growing trend in which homeowners rent out a piece of their property or opt to co-own a property with a friend or family member.Prior to going this route, Adrian Goslett, the regional director and chief of...
Purchasing a house is a big investment that will most likely need financial support in the form of a mortgage bond, often known as a home loan.While this method is typical practice for most home buyers who are unable to pay cash for their houses, there are several aspects of having a bond that may surprise you.This is according to the interim chief executive of BetterBond, Bradd Bendall, a company which...
A Level 6 warning of disruptive rainfall was issued for the northern regions of KwaZulu-Natal on Wednesday, March 13.The Department of Cooperative Governance and Traditional Affairs (Cogta) said in a statement that heavy rains could cause natural disasters and flooding of roads, bridges, and settlements, as well as significant disruptions in traffic flow and essential services such as water, electricity,...
A six bedroom house located on an island in Mauritius has been sold off plan for a staggering R253 million, which is a record price for the South African property group Pam Golding. The house is still under construction and should be finished by mid 2024. The home is situated in a beachfront villa in the One&Only Private Homes Le Saint Géran resort development in Mauritius. According to retail group, the...
The City of Cape Town and High Street Auctions will be auctioning off a 99-year-lease for a 25,000 square metre development block in the Foreshore precinct. The City of Cape Town has previously stated that it anticipates R1 billion worth of investment will be going into the site.The site is adjacent to the Cape Town International Convention Centre (CTICC) precinct and within walking distance of the V&A...
Selling your house is about more than simply finding a buyer; it’s also about optimising your return on investment, so put some time and money into improving your home’s appeal and functioning in order to attract more potential buyers and negotiate a higher sale price.According to Cobus Odendaal, the chief executive of Lew Geffen Sotheby’s International Realty in Johannesburg and Randburg, increasing...
Home upgrades and makeovers are among the most popular home trends in the market today. These include painted walls, fashionable feature tiles, lighting, and backyard makeovers. Most of them are excellent ways to add value to both your life and your property, perhaps making it even more appealing to buyers.If it’s an older property with equity that you can use, giving it a full makeover with a new...
More single women than men filed for bonds in 2023, to purchase their own houses. Many of these lone female shoppers were young black women under the age of 40.This is according to Bradd Bendall, the interim chief executive and head of sales of BetterBond.“This shows that when it comes to buying property, women are proving to be formidable drivers of market activity,” Bendall said. “Given the...
Soweto is one of the most active real estate markets in the country. It is a thriving community with 37 locations and approximately 186,000 homes, which have more than doubling since 1994, according to statistics provided by Lightstone.Property values in the area have increased significantly faster than the rest of Johannesburg, nearly tripling over the past 10 years, making property an excellent...
Compare listings
Compare