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Cornette 082 569 9160 Mar 082 927 3248

T:+27 21 887 4740www.annabasson.co.za

STELLENBOSCH

R4 699 000

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Enchanting double

story with old world

charm. Perfectly

positioned near

town centre.

BEDROOMS 5

BATHROOMS 5

POOL

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STELLENBOSCH

R3 995 000

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Prime property for

the extended family.

Easy flowing living

areas and

breathtaking views.

BEDROOMS 5

BATHROOMS 4 + 2

GARAGES 2

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DALSIG R5 900 000

Location, Location ... Immaculate.

Exceptional finishes. Just perfect!

DIE BOORD R3 280 000

Gesinshuis - idiaal gele in pragtige

boomryke straat

WELGEVONDEN R2 085 000

Goeie ligging in gewilde

ontwikkeling. Pragtige afwerkings.

HET BEGIJNHOF R1 825 000

> > >Slaapkamer 2 Badkamer 1.5 Park 1

OP KAMPUS! Uitstekende ligging!

DENNEGEUR R675 000

One bedroom apartment within walking

distance to engineering faculty.

KRIGEVILLE R1 620 000

Spacious 2 bedroom apartment.

Renovated. Enclosed balcony.

NEW DEVELOPMENT:

Devmark is set to launch

an exclusive new retire

ment facility in Paarl,

called Manor House. In

its 23year history Dev

mark Property Group has

become wellknown for

developing some of the

Western Capes most

soughtafter retirement fa

cilities, including Helder

berg Manor and Heritage

Manor in Somerset West.

Manor House is located

on Hospital Street in

Paarl and is inspired by

country house living. It

offers 36 luxury living

units set on three floors,

including convenient un

derground parking and

direct access by lift. The

accommodation available

at Manor House includes

studio apartments of

34m, which are priced

from R695 000, and one

bedroom apartments

ranging in size between

44m and 63m, which

are priced from

R935 000.

PROPERTY:ONLY 3%GROWTH EXPECTED INNEXT FIVE YEARS

Rentingabetter short term investment

DALEEN FOUCH

The profitability of property as a

short term investment has de-

clined according to property

economist, Erwin Rhode.

Rhode says his most recent find-

ings suggest that short term invest-

ment in property will not produce

spectacular capital growth, adding

that renting a property may, in the

short term, save the consumermon-

ey.

Rhodeestimates thatover thenext

fiveyears, only 3%growthcanbeex-

pected for property investment. He

says this, coupled with inflation at

6%, will produce stunted short term

growth.

In a case study, Rhode looked at

threescenariosto findoutwhichsce-

nario would be the most profitable

in the short term. In the first scenar-

io a property is bought with cash, in

the second, the property is being

rented and in the third scenario the

propertyisboughtwitha100%bond.

He says the first two scenarios had

the best results. He concludes that

the only way a short term invest-

ment in property is profitable, is if

it is bought in cash.

The reasons for the stunted short

termgrowth, according toRhode, in-

cludes the fact that bankshave strict

lendingcriteriaanddonotgive100%

loans for property worth more than

R600 000. A second reason is the ex-

treme financial pressure under

which consumers find themselves.

But local estate agent and princi-

pal of Helderberg RE/MAX, Lee Sie-

bert, argues that for the majority of

potential home owners, property is

a long term investment. She agrees

that for the short term investor, buy-

ing property in cash is the best op-

tion, but adds that theaveragebuyer

is looking for a long term invest-

ment. Siebert says before the imple-

mentationof theNationalCreditAct

in 2007, it was easier for the consum-

er to get their bond approved. She

says now, people, especially first

time buyers, seem to move away

from borrowing money from the

bank and instead approach family

members for financing

Carl Nagel, residential teamman-

ager at RoseMcFall Properties, says

because the supply of property is

very limited in Somerset West, he

would recommend that consumers

rather look at buying a property in-

stead of renting. Property has al-

ways been a good investment.

He says renting a property in Hel-

derberg especially, has become very

expensive.

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Solemandatehelpsyou

to sell at abetterprice

So why would you, as a seller, entrust

the selling of your property to one es-

tate agency on solemandate?Would it

notmake sense to list on an openman-

date,wheremanycompaniescanbring

buyers to your listing?

A seller may be thinking

that, inorder toget themax-

imum exposure to themost

buyers, it is best to list with

as many companies as pos-

sible. It might sound like a

logical conclusion but the

reasoning is faulty, and the

conclusion is wrong. Allow

me to explain.

There is only one condi-

tion under which a buyer

will pay theirmaximumfor

a property and this is

when theyhave to compete

for it against other buyers.

Inordertoachievethisbuy-

er competition it is important for a seller

to ensure that themarketingof their prop-

erty attracts the right buyers to their list-

ing.

Therightbuyerisabuyerwhois look-

ing in the correct price range, has require-

ments that are met by the listing, and has

the financial ability to purchase the prop-

erty.

So where do we find such buyers? Buy-

ers do not belong to estate agencies. There

is only one pool of buyers out there and

they search for property in a number of

ways: print marketing, Internet and web-

site marketing, video, showhouses, and

boards, to name but a few. None of these

methods can be ignored. The better the

marketing, the more of the right buyers

will be attracted.

Thereality is that thismarketingcomes

at a significant cost to the estate agent. It

is simply impossible for an agent to com-

mit the resources required toattract these

buyers to a listing if they do not have the

security of a sole mandate.

On an open mandate the best that an

agent could do would be

somebasicwebsitemarket-

ing, the odd print advert, a

board, and showhouses.

This marketing is weak. Is

it not part of a specially de-

signed marketing plan tai-

lored to attract the right

buyers. And whilst it may

attract some buyers, it will

certainly not attract

enough to create strong

buyer competition.

The other problem with

open or joint mandates is

that the agents involved

will compete to get your

propertysoldforanyprice,

not the best price. If they

get an offer they will urge you to accept

it, not because its the best offer out there,

but because if you accept another offer

fromanotheragenttheywillearnnothing.

Does it reallymake sense to select a sell-

ing strategy that doesnt allow the estate

agent to commit the resources required to

attract the right buyers and create buyer

competition? It makes even less sense to

put agents in a position where their moti-

vation is to sell your home at any price so

that they earn a fee, rather than the best

price.

On the other hand a sole mandate with

an estate agency that commits, inwriting,

to a professional marketing plan and in-

vests their resources inattracting thebest

buyers makes perfect sense. It costs you

no more. All thats required is commit-

ment.Committoasolemandatewithapro-

fessional estate agency and sell for more.

Talking Property, by Steve

CaradocDavies, principal

of Harcourts Platinum

EXPERTOPINION

KellerWilliams goes RED for charity

RED Day stands for Renew Energize Do-

nate. It ispartof theKellerWilliamsRealty

culture to give back to the community.

This year is the first year Keller Wil-

liams Realty Somerset West celebrated

RED day on 8 May.

The team visited Garden Village Com-

munity Centre in Somerset West as well

as La Clemence old age home in Stellen-

bosch.Therewasentertainmentandanice

meal for the elderly, fun for the pre-school

kids, after-carekidshadpizzaandwereen-

tertained by Johan Laten. The Keller Wil-

liams Teammade and furnished a reading

room for the kids. The playground equip-

mentgotanewleaseof lifewithsomepaint

and new toys. The grass was cut and ce-

ment table and chairs supplied. A piece of

ground was transformed with new grass,

fruit trees and plants.

This was a great team effort from all

theassociates fromKellerWilliamsRealty

Somerset West, says Wayne Heidmann,

regional manager.

The Keller Williams is hard at work creat

ing a garden at the Garden Village Com

munity Centre.

The Keller Williams, Somerset West team.

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Biggest and Best Property guide in the Boland

SOLD bied die grootste en maklikste

toegang tot die mark vir

eiendomkopers en -verkopers in die

Boland.

021 870 4600

021 841 4285

021 887 2840

Have your say in planning issues

The proposed draft Municipal Planning

Bylaw for the City of Cape Town is sug-

gesting changes to theproperty, planning

and development environment in Cape

Town.

It also proposes a tougher approach to

enforcement of land use, building and de-

velopment regulations.

Interested and affected parties are in-

vited to participate in a public participa-

tion session, where submissions can be

made. It will be held at the Cape Town

Council Chambers on 20 June from 09:30

to 15:00.

To RSVP and for enquiries relating to

the draft Municipal Planning Bylaw,

please contact Rossouw Smit on

021 400 6724 or via e-mail to Ros-

souw.Smit@capetown.gov.za

The draft Municipal Planning Bylaw is

available for viewing on the City of Cape

Town website: www.capetown.gov.za/

haveyoursay, at Subcouncil offices andat

City libraries.

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PAARL/WELLINGTON

FIREBLADE SP: EXTRACTING THE VERY BEST FROMEVERY RIDER

Honda launchesCBR1000RRSP

QUICKPIC

For 21 years Honda has pursued

a concept of TotalControlwith

theFireblade,afterrewritingthe

rulebook in 1992 with the origi-

nal CBR900RR.

Over the last decade the

CBR1000RR has developed into per-

haps themost balancedSuperSport

machine available, combining ex-

ceptional performance and han-

dling with a satisfying ability to ex-

tract the verybest fromevery rider.

Victories in theWorldSuperBike

(WSBK) championship and all-con-

quering success at the Isle of Man

TT, with average lap speeds of

130 mph plus over 37,73 miles over

the mountain course, is testament

totheCBR1000RRsinnatecapacity.

The open-class CBR has built a

loyal armyof fans around theworld

over two decades especially with

over 200 000 sold, throughout Eu-

rope. And in response to demand

fromhard-core performance enthu-

siasts, Honda for the very first time

in 2014 is producing theCBR1000RR

Fireblade SP. A track-focused, yet

fully road legal, limited edition

Sport Production version of the

standard bike that not only looks

special it is special.

In Japanese to give something

edge is to add polish. And for the

dedicated track day goer thats ex-

actly what the CBR1000RR Fireb-

lade SP has been given: Total Con-

trol with an extra edge.

The chassis wears circuit-ready

front and rear hlins suspension

plus Brembo four-piston mono

blockcalipers,with framerevisions

and new top and bottom yokes to

suit. Pirelli Diablo Supercorsa SP

tyres are the finishing touch.

The 999.8cc inline four-cylinder

engine gets the same updated cylin-

der head as the standard 2014

CBR1000RR Fireblade, with im-

proved inlet/exhaust gas flow and

combustion efficiency, and an extra

2 kW peak power boost. However

theSPfeatures factory-matchedpis-

tons and con-rods, to ensure opti-

mum internal balance.

As a track-focused machine

theresnoprovisionforapillionand

a sleek single-seat unit saves

weight.FurthermarkingtheSPver-

sion out from standard is its own

unique Tricolour paint white and

two-tone blue, with a central red

stripe and trademark Honda gold

wheels.

At 35 mm (from 38 mm) the ex-

haust pipe diameters are smaller,

increasing torque and a new verti-

cal connecting pipe balances pres-

sure between cylinders two and

three. Peak power of 133 kW up

2 kW arrives at 12 250rpm; torque

is improved in the 4-6 000 rpm area,

peaking with 114 Nm delivered at

10 500 rpm.

The CBR1000RR SPs 999.8cc, 16-

valve inline four-cylinder engine

has the same cylinder head updates

as the standard machine. The inlet

and exhaust ports have been re-

shaped and polished with the com-

bustion chambers gas-flowed to

improve efficiency.

The CBR1000RR SP uses a new

wavedesign ignitionkey; it offers

improved security and its compact

size greatly reduces the chance of

breakage. Also new is the fuel tank

cap it uses an improved breather

design for better venting.

Instrumentation is a multi-func-

tion LCD with a cockpit display

dominated by the digital bar-type

linear tachometer that scrolls left to

right as engine speed increases.

Beneath this are themainnumer-

ical readouts: gear position, coolant

temperature, speedometer, clock/

lap time, trip/fuel efficiency/fuel

consumption and odometer/nu-

merical tachometer. At the bottom

of the display are lights for head-

light highbeam,neutral and indica-

tors.

Clear and easy to read in all light

conditions, the tachometer has four

display modes: Conventional,

which uses black LCD segments to

show current rpm; Reverse, which

employs black LCD segments to

show remaining rpm. PeakHold in-

dicatesrpmintheconventionalway

and also leaves a tell-tale segment

showing the peak rpm achieved

while Single Segment uses a single

block to show current engine speed.

In addition the odometer may be

switched to display engine rpm nu-

merically.

The lap timer features four

modes. The display can also show

fuel consumption, average fuel effi-

ciency, distance travelled and total

elapsed time.Toassistdebriefingaf-

ter a session, lap-time recall mode

shows the fastest lap time and the

lap on which it was set.

Toensuregearshiftingat theopti-

mum engine rpm, the 5-level shift

indicator display uses highly visi-

ble white LEDs, adjustable for

brightness. They illuminate se-

quentially as engine rpm rises, fi-

nally blinking at a chosen pre-set

rpm (default is 13 000 rpm but this

can be set between 4 000 rpm and

13 000 rpm). The interval between

sequential illumination can also be

set at 0,200 or 400 rpm.

The Honda CBR1000RR SP is sold

Standard with:

Complimentary Rider Training

course throughtheHondaAcademy

12 Months Free Roadside Assist-

ance

24 Month unlimited KMwarran-

ty

Dealer recommended sales price

is R189 990

The CBR1000RR SPs 999.8cc, 16valve inline fourcylinder engine has the same cylinder head updates as the

standard machine. PHOTO: QUICKPIC

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