Weekly Newsletter
Friday, 28 July, 2006
Property Search | Estate Agents | List your property

Edition 30 of 2006, Friday, 28 July 2006

Dear Reader

The cost of building is slowly stabilizing, this is just one more effect of the recent interest rate hike. How would you like "living on the farm" in the northern suburbs of Joburg? If not - then what about living in the city centre, where more affordable residential and office space is becoming available.

Join us as we delve a little into the history of Johannesburg, how it came to be and what it is today.

Shortly after the school holidays, many people are considering buying a holiday home - we look at the pro's and cons and give a tip on where to buy. Have fun with us as we learn more about wake boarding - an excellent skill to have for your next (water-bound) holiday!

The editor

>> Real Estate News - Checked by interest rate rise

Rising interest rates will limit building contractors' ability to push through price increases, states research conducted by Medium-Term Forecasting Associates (MFA).

MFA's research shows that tender price increases peaked in the first quarter of last year at 20,2%, with an average 17,5% rise for 2005. This is in stark contrast to the 5% rise in tender costs in the first quarter of this year...

>> Driefontein for rent, to a caring tenant

Prospective tenants who care about the City's heritage and agree not to change the farmhouse in any way have until 28 July to submit their tenders for the oldest and only remaining farmhouse in Parkmore.

FANCY renting a 100-year-old farmhouse house in the northern suburbs of Joburg?

The only remaining original farmhouse in Parkmore, Driefontein recently had its exterior renovated and now waits quietly on the corner of 15th Street and Coleraine Avenue for a caring tenant to fill its rooms...

>> More affordable space in city centre

Opportunities for residential redevelopment and letting of office space are increasing in Johannesburg city centre as more B- and C-grade office space comes to the market.

Viruly Consulting property economist Francois Viruly says A-grade space has decreased markedly in the past 10 years, with more B- and C-grade space emerging.

This, he says, suits prospective city centre tenants...

>> Focus on Johannesburg, Gauteng, South Africa

Johannesburg unlike most other major cities, was not founded near water. Inland, and perched on the 80km long rocky outcrop of the Witwatersrand, Johannesburg's existence and growth came from the financial waters left behind - gold.

The discovery of this enchanting mineral hidden below the plains of the highveld sparked off one of the fastest urban developments of the modern era...

View Properties in Gauteng | View Properties in Johannesburg

>> Property of the week

Gauteng, Johannesburg, Houghton

Upmarket 4 bedroom, 3.5 bathroom double storey home North facing and modern Tiled entrance Downstairs: Formal lounge featuring fitted sound system, fireplace and corner windows Generously proportioned formal dining room plus informal dining room (breakfast room) Entertainment room Covered, tiled patio with both gas and wood braai Spacious kitchen...

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>> News from – Moneyweb

Home sweet (holiday) home

Picture it: a country cottage in the Midlands or a beach bungalow in Balito that is your very own. You can go on holiday anytime you want to and you don’t even have to go through a central reservations desk.

A booming property market prompted many homeowners to invest in a holiday home – they could use it whenever they wanted to “just get away” and rent it out when they weren’t using it...

>> Have Fun – Wakeboarding

Wakeboarding is a surface Watersport. It was created from a combination of water skiing, snow boarding and surfing techniques. Before it was called wakeboarding it was called skurfing (ski + surfing). As in water skiing, the rider is towed behind a boat, or a cable skiing setup, but typically at slower speeds (16 - 23mph). Beginners start at slower speeds such as 18mph with shorter ropes(60 - 65 ft). More experienced wakeboarders use faster speeds such as 25mph, but use longer ropes up to 80 ft long. Instead of using skis, the rider rides a single board, known as a wakeboard, with stationary non-release bindings for each foot, standing sideways as on a snowboard or skateboard. The boards, which can float, are typically 120 - 147cm long, depending on weight, and up to 45cm wide (shorter and wider than snowboards). Unlike snowboards, which are concave, they are convex (tips 15 - 25cm)...

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CyberAgent links with the transfer attorneys, send and monitor transfers electronically!
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