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The Landlord Newsletter for Sectional Title Trustees & Landlords Well Loved Building. Within a very short distance of UFS. This is simply a building that owners hang on to. But we now have fine examples of one 1 & 2 bedroom units that have recently come on to the market. Many of these units are occupied by students as the building is quiet and well managed (limit 2 per bedroom) but many working young people live here to. Prices range from R550,000 to September 2019 R670,000 and worth every penny. LEVIES ON THE RISE BUT STILL FAR BELOW OTHER PROVINCES. Metro Service In a recent newsletter or the Association of Residential Communities it is obvious Standards Declining that monthly levies in the Free State are way below the averages of other centres. I am not sure that it is much of With the exception of KwaZulu-Natal, they are all over R2,000 pm with the highest a surprise to anyone that the in in the Western Cape at R2,683 average levy per month, with a national average of service that you are receiving R2,263 pm. Taking the Platinum Global portfolio with a range of unit from student from Metro is going downhill flats to top of the range northern suburb townhouses, average levies would be close fast. Last month it was days R1,000 pm. Even small up market schemes which tend to have more expensive levies without water for large parts because of limited numbers of units are still below the national average with a few of the city because council individual levies approaching this level. have not paid their bills. If we don’t pay we get jumped on Interrogating the levy diagram below it seems that security and salaries are the but if Metro don’t pay they major contributors and the lower security spend in the Free State may be one reason plead poverty! That story is far for lower levies in the province. from over as they have until Contact ARC at their web page www.hoasupport.co.za the 15th of this month to make major payments – and it isn’t going to happen. Now the rubbish trucks are the problem. Rubbish maintenance and planning has resulted in the new trucks not being able to pass the roadworthy and the trucks have been pulled off the road. That is why the rubbish is stacked up because Monday’s collection in Westdene still has not happened by Wednesday. The bags are all broken, and the August winds are starting………………… Advantages of Cell to Gate Poor Market – Get the Talk Shop We are all concerned about Price Right! security and cell to gates offer By Platinum Global high security compared to In the property industry there is an everything except full timed old adage – Position, Position, manned gate. This system allows Position. Position is important but Investment Opportunities each occupant to open the it should rather be Position, entrance and exit gates using their Condition, Price. They say that every cloud has a silver cell phone. The systems don’t lining – so true. I have previously actually use airtime because the Buyers buy what is best for them in written about the opportunities that are result is actually a missed call to their mind – you never see and available to save when building your the gate, but it does provide much empty property on a busy main next dream home. One of the suggested better security. road. While position is important to methods was to become part of the buyers, condition and price play development you want to buy into. Not Firstly, you cannot just phone the equally important roles. easy to organise usually but from time gate. Your cell phone must be to time these opportunities do arise. registered on the system for it to Condition tells a lot about a work. Importantly old numbers property. If it looks good it Recently we have been doing a from previous tenants/occupants probably is. Buyers certainly pay valuation on a sought after new are removed each time a new cell more for a neat and clean home development and giving advice on the number is added. These numbers than they do for a dirty and untidy overall marketing strategy for the have to be registered with the one. Although not part of the price owner. With new developments taking controller before they will work – furniture plays a bit role in setting upwards of 10 years in getting to the you cannot borrow your friends the atmosphere of a property. Old stage of being able to put spades in the phone to call the gate – it will not dark furniture will make a place ground the cost per stand or sectional work. look small and dark. Modern bright title opportunity remains high. By furniture will definitely enhance investing into the development itself All the old number are removed the sellability and price of a you not only receive a proportional and the database in the motor property. dividend but have the opportunity to removed. Those owners who have buy an erf of HOA/sectional title stand sent in the connection forms with Price is the balance that needs to at a discount price. Being a base line the new are added to the system. be struck between position and investor could also give you an The rest cannot get in. condition. The better the position, opportunity to influence the layout and the better the home, the higher the design of stands that are going to be As a security method it removes price and vice versa. Price is not sold. ex owners and ex tenants and about what you think your their domestics from the system property is worth but rather what By becoming your own developer, it can and is an added security feature. buyers are willing to pay. In effect mean a substantial saving on the ground Unless you are properly registered buyers set prices not sellers. of between 25 and 33 %. Additionally, on the system, loading your you are able to choose your presale number on your phone will do Don’t be fooled in to setting your stand and choose the right one to suit nothing at all. New systems can be price at those advertised for similar your personal tastes. added for about R3,000 each and properties, you need to know what unlike older systems are not prices were actually were obtained Pre-Launch investors in this particular limited as to the number of people for similar properties recently. You development are guaranteed the best who can be added. also have to be realistic about sites in town with wonderful view. All where your property fits into the the work is done, township is approved, Numbers of the gate should be market. Just because you replaced and only services need to be installed. changed once of twice a year as an the kitchen 10 years ago mean that The property is totally bond free, so risk added security system. you will get extra price because of is minimal as the value of the property it today. It is no longer a new well exceeds the cost of servicing. It is good for every body kitchen but rather a 10 year out of corporate, irrespective of their date one. Pricing is about Interested? Give me a call and I will put system, to check whether old comparing “actual” selling prices you together with the developer. tenants and owners are still on the and realistically comparing what system – you would be surprised. you have for offer over those sold. Willow Glen R260,000 WANTED – 2 bedroom flat CHOICE OF 11 UNITS! Prices have risen considerably since We have buyers for 2 bedroom flats Yep 11 different units in one the beginning of the year. Making this to buy in the R400,000 to R550,000 building. Prices from R980,000. an opportunity to buy one of these range. We currently have 3 clients Westdene townhouses for sale. yourself. Large bachelor flat with looking for well maintained flats to Body Corporate agree to change parking bay. Very popular building buy. Think of selling email to office use if required. 2 and 3 with very good finances. Well worth [email protected] for free bedroom units from R980,000. looking at. prequalification. Low maintenance facebrick. Christine 081 474 2357 Retha 073 198 2615 Retha 073 198 2615 3 FLATS FOR 1 PRICE Choice of Two Ideal Retirement LANGENHOVEN PARK R 970,000 A special townhouse in a special Exceptional buy 3 flats in 1 price. For Flat. Both very sizeable two- bedroom flats with magnificent complex. Not spotless, not R706,000 you can buy 3 separate flats. views. Garage plus extra parking. immaculate but both at the Owner left town and clearing his Not only that you get an enclosed same time. Vacant occupation Bloemfontein portfolio. Looking for a balcony as an office space. I own a October. A really beautiful home small rental portfolio. This could be unit here and am very happy with to own. Something really your fist investment buy. my investment. special. Mike 0828814711 Mike 082 881 4711 Mike 082 881 4711 Wanted Houses, Townhouses, and Flats 4 Sale We are delighted to announce a new “super team” of real estate practitioners that have just joined us. Many of them are highly qualified with degrees and near completed MBA. As I say the Super Team. My new marketing agents will be working in Westdene, Navalsig, Northern Bloemfontein, Universitas and Universitas Ridge, Langenhoven Park, and the residential small holding areas.
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