29 June 2010

Buy The Bachelor Pad, Get The Bachelor Car

Here's a 43m2 bachelor apartment for sale in the CBD for only R1 300 000. That's a bit steep for 43m2 right? Well to sweeten the deal the owner will throw in a used Mecedes SLK 350.

I guess he's trying to kill two depreciating assets with one stone....

13 June 2010

Sunday Open Thread

Shooweee... with all the sport on the go I clean forgot the Saturday open thread...

22 May 2010

13 May 2010

Ballinrobe: Take The Fork Out! It's Back!

Much maligned (at least here) development The Ballinrobe in Sea Point seems to be back in action after construction stopped because they violated height restrictions. Sea Point reporter JP writes:

Drove past The Ballinrobe the other day and looks like building is back on. Guess the developers managed enough snot and trane to get City Council to retroactively approve their height restrictions.

This place was supposed to be finised over a year ago and now it looks like they're going to miss t he world cup tourists!


JP also sent a link to an ad from Ballinrobe on Gumtree. Read it and smell the desperation:
The developers are willing to combine Unit 103 and Unit 104 or Unit 104 & Unit 105 – Only possible with a full commitment from YOU!

01 May 2010

Glencairn Heights: 18 Months Later, R290 000 Cheaper

Back in November 2008 this house in Glencairn Heights was on sale for R1 985 000, along with a used Land Rover as an incentive. 18 months later the same house is for sale for R1 695 000, although this time there's no car thrown in to sweeten the deal. I can't tell from the ad if it's still the original seller who couldn't sell the house and is now selling it R290 000 cheaper than they were asking 18 months ago or if it's the person who bought the house back then and now realises they're paying a massive bond and the days of 25% price growth they were pegging everything on are long gone and has decided to get rid of the albatross.

In this market either of those are feasible.

Saturday Open Thread

It's the Saturday open thread.

24 April 2010

Saturday Open Thread - Cheese Edition

Nearly missed posting the open thread... that's what you get when you spend the day eating cheese washed down with copious amounts of Sauvingnon Blanc.

17 April 2010

Ugliest House Ever Built In Cape Town Still For Sale

Who would've thought that the ugliest house ever built in Cape Town is still for sale at the bargain price of R14 500 000. This crime against your eyes has been on sale since at least August 2008. Buying this place will cost you not only a cool 14 bar but also your sense of style and the respect of your friends...

Saturday Open Thread

It's the Saturday Open thread...

10 April 2010

Saturday Open Thread - End of Summer Edition

Folks, I'm calling it - Summer is over. Get ready for the wind and the rain. And an open thread!

24 March 2010

The Rockwell: You Just Lost A Lot of Money

In September 2007 a 1 bed apartment in the Rockwell had an asking price of R1 520 000.

2 1/2 years later a 1 bed apartment in the Rockwell has an asking price of R1 550 000.

I bet that R30 000 in capital appreciation really takes the sting off the R300 000+ in bond payments.

23 March 2010

Your Architecture Is Bad - Crappy SA Architecture Blog

With the mad rush to throw up developments in the last couple of years there has been a rise in just some terrible architecture in South Africa. Luckily Your Architecture Is Bad is on the scene to document these crimes against your eyes. Check it out!