11/07/24

🌊 Seaside Living in South Beach 🌊




Lancaster Gates 
2 🛌 2 🛁 1 🚘 
For Sale @ R2,500,000
Levy: R4,060
Rates: R1,600

🌊Shireen M transports you with this stunning apartment to another world — where sunlight, sea views, and coastal charm blend seamlessly into your everyday life.

Wake up to panoramic sea and harbour views stretching over the rooftops, and soak in the relaxed rhythm of Durban’s vibrant South Beach — a neighbourhood that perfectly captures the essence of beachfront living.

📍 Why South Beach?
This is where Durban truly comes alive. Stroll along the promenade, enjoy early morning swims, visit the local markets, or grab a cappuccino from one of the many cafés and seaside eateries just steps away. South Beach offers the best of coastal convenience — close to uShaka Marine World, the Goldenmile, and the city centre — all within a safe, walkable distance.

🏡 About the Apartment
Stylish kitchen with BICs, quartz tops, hob, oven, extractor & full appliance setup
Spacious lounge & dining area with additional sleeping space
Main bedroom with BICs & ensuite (shower, double basin, toilet)
Second bedroom with BICs
Family bathroom (shower & basin) + separate toilet
One secure parking
Furniture included
Airbnb-friendly building — ideal for investors or holidaymakers
24/7 security & controlled access

✨ Live it, rent it, or holiday in it — South Beach makes it all possible. ✨






08/07/24

Client Review

✨ Goldenmile Living at Its Finest ✨


Grosvenor Court
2 🛌 1.5 🛁 
For Sale @ R1,599,000
Levy: R1,800
Rates: R1,300
Potential Rental: R8,500pm
Roi: 4%

Shireen M presents this gorgeous apartment in the prestigious Grosvenor Court, perfectly positioned in the heart of Durban’s Goldenmile — where the city’s energy meets the tranquillity of the sea.

📍 Location, Location, Location!
Live steps away from the Durban Tourism Centre, North Beach promenade, and world-famous hotels like The Maharani and Elangeni. Enjoy morning strolls along the Golden beaches, unwind in the lush parks across the road, and indulge in a wide variety of cafés and seaside eateries — all right on your doorstep.

The apartment offers:

🏡 Open-plan living area seamlessly combining kitchen, lounge & dining

🍽️ Modern kitchen with BICs, granite tops, hob, oven, extractor, and appliance connections

🛏️ Two bedrooms with built-in cupboards

🚿 Bathroom with shower, basin & toilet + separate guest toilet

🌅 Large windows that flood the home with natural light & breathtaking Goldenmile views


🚘 Safe parking available for rent behind the building
🛡️ Secure complex with 24/7 security, CCTV & controlled access

💫 Experience the best of Durban’s beachfront lifestyle — vibrant, secure, and full of life. At Grosvenor Court, every day feels like a seaside getaway.




01/07/24

Why Choose Overport as your Residence


OVERPORT is a popular suburb and is home to a large Indian community and there is a strong community feel among those who live here. Lightstone's statistics indicate that a large percentage of people (42%) have lived in the area for longer than 11 years and that the largest percentage of recent buyers (80%) are between 36 and 49 years old.

Understandably many shops in the area cater for the local population. Spice shops, Indian clothing shops, fresh fruit and vegetable stores, fabric outlets and halaal restaurants and takeaways dominate, and the area also houses the Overport mosque, Soofie Masjid. The shopping scene has improved in recent times with the upgrade of The Atrium (previously known as Overport City). This large centre, so named for the 17,8m atrium at the heart of the mall, features a wide variety of shops and banks as well as a large, well-known supermarket.

Schools in the area include Overport SRS Primary School, Hartley Road Primary School and Overport Secondary School. Because of its central location, parents aren't restricted to sending their children to local institutions, and schools such as Clifton, Durban High School and Durban Girls’ College remain popular choices for local residents.

This vibrant area of Durban offers a variety of homes to choose from. Interestingly, many of the smaller, slightly run down older properties have undergone a revamp and have been transformed into upmarket, gorgeous homes. This, however, doesn't mean that first-time buyers won't be able to afford to buy here – there are numerous apartments and less grandiose properties available for those working with a limited budget.

The community spirit is good with residents actively participating in local affairs. It's great that all amenities are so close and if you can't find what you are looking for, the central location allows easy access to the rest of Durban.


Nearby medical facilities:

  • Netcare Parklands Hospital
  • McCord Hospital
  • Nu-Shifa Hospital
  • Ahmed Al Khadi

Best in food:

  • Caminettos
  • Roman's 
  • My Diner
  • Al Razaaq
  • China Garden
  • And many more.

Top schools:

  • Hartley Road Primary School
  • Overport SRS Primary School
  • Overport Secondary School

24/06/24

🌴 Luxury Living in Prestigious Umhlanga Rocks 🌴



Canterbury Crescent
5 🛌 6 🛁 13 🚗 🏊‍♂️ 
For sale @ R12,750,000
Rates: R9,500

Shireen M presents this architectural masterpiece set in the heart of Umhlanga Rocks — one of South Africa’s most exclusive coastal addresses.

Umhlanga is more than a suburb — it’s a lifestyle statement. Known for its golden beaches, vibrant village atmosphere, and world-class amenities, this is where luxury, leisure, and location meet. From the iconic Umhlanga Promenade to upmarket shopping at Gateway, fine dining, five-star hotels, and pristine coastline — everything about Umhlanga speaks to prestige and convenience.

This 5-bedroom, 6-bathroom mansion offers everything you could dream of — and more.
Designed for grand living and effortless entertaining, the home boasts:
🏡 Multiple lounges, dining areas & balconies with spectacular sea views
🍽️ Gourmet kitchen with top-end finishes, scullery & laundry
🛏️ Luxurious bedrooms, all ensuite, with private balconies
🧘‍♀️ Prayer room, study, and roof garden
🌊 Outdoor paradise with swimming pool, jacuzzi, pond, and landscaped garden
🚗 Parking for up to 13 vehicles, including 2 double garages
💧 Elegant water features flowing through the property
✨ Extras that elevate this home:
2 x JoJo Tanks, solar geysers, and an inverter system that powers the lights, CCTV cameras, electrical fencing, and air-conditioning throughout — offering comfort, security, and efficiency in every season.

Set within minutes of the beach, top schools, Umhlanga Village, and the N2, this home defines prime coastal luxury.

✨ Live where Durban comes alive — in Umhlanga Rocks, the jewel of the North Coast. ✨

💰 Asking Price: R12,750,000

Shireen Mansoor
Real Estate Agent | ShireenM – Powered by Real Estate Services
📞 083 597 8602 | ☎️ 031 023 1111 | ✉️ sm@shireenm.co.za


23/06/24

Pros of Investing in Property in SA


1. There’s a High Financial Reward

One of the main reasons why property investment is so popular is that you’re almost guaranteed a good return on investment, especially if you’re up to date with real estate trends Property values appreciate with time — the longer you own your property, the more it’s worth and the more profit you can make!

You can also use your rental income to help pay off your home loan. And once that’s paid off, you get a steady cash flow each month. Plus, paying off your home loan on time can do wonders to boost your credit score which will help you make investments in the future.

2. You Get Tax Benefits

South Africa encourages property investment by giving tax incentives to property investors:

  • There’s no VAT payable on property in South Africa.

  • You also benefit from tax deductions on all interest, maintenance, levies, insurance and all other costs incurred on the property.

  • For every 5 properties you buy, SARS allows a minimum of 55% of the purchase price as a tax deduction.

With property investment, you end up saving money in the long run.

3. Property Remains a Stable Investment

Unlike investing in stocks, investing in property offers relative stability as a physical asset. South Africa’s property market is remarkably stable and is even considered the most stable on the continent. This means that property is a much safer investment where you don’t have to worry about your investment suddenly losing value.

4. You Have Some Freedom

As the owner of your property, you have the freedom to do what you want with it. This includes upgrades and renovations where you can increase the value of your property, boosting your profit. For example, you could install an inverter to beat loadshedding and increase your property’s value.

If you know what you’re doing, flipping houses by purchasing a low-value property and renovating it can earn you a high return on your investment. Alternatively, you can purchase a property, subdivide and sell which also often leads to great financial reward.

5. There’s a Property Shortage

It’s no secret that South Africa has a housing crisis — there simply aren’t enough homes for the number of people. In fact, South Africa has a backlog of over 2.3 million units. This high demand for affordable housing means that you can expect a steady stream of eager tenants and a steady flow of income.

And the development of a strong middle class in South Africa is resulting in a migration to better neighbourhoods and more expensive homes which means a higher growth potential for investors.

6. You Can Benefit From High Property Rental Rates

With the rising interest rates, increasing inflation and high housing demands in South Africa, you can take advantage of the high rental rates at the moment. This allows investors to pay off their home loans faster and make more profit.

However, it’s essential that you choose your property wisely to ensure its increasing value beats the annual rise of inflation.

7. South Africa Is a Popular Holiday Destination

Cape Town is regularly ranked as one of the best value-for-money holiday destinations in the world. This opens up a sea of opportunity for property investors who are looking to invest in holiday property.

The advantages of holiday property are:

  • You can charge a much higher rental rate, thus making a higher profit.

  • It’s a lot more flexible with short-term tenants.

  • You have the option to stay in it yourself by choosing not to rent it out for short periods of time.

However, it does come with its disadvantages:

  • Your cash flow from rental income is much less reliable when you’re likely to have periods where you don’t have any tenants

  • There are higher maintenance costs.

8. You Can Capitalise on Relatively Low Interest Rates

While interest rates have recently gone through a series of hikes, they are still relatively low. As of April 2024, interest rates were still at 11,75%, where they were a year ago. However, this still sits below the average of 13% - 15,5%. This means now’s a good time to invest in property before the interest rates increase.

16/06/24

𝗙𝗔𝗜𝗥 𝗪𝗘𝗔𝗥 𝗔𝗡𝗗 𝗧𝗘𝗔𝗥 𝗢𝗙 𝗔 𝗟𝗘𝗔𝗦𝗘𝗗 𝗣𝗥𝗢𝗣𝗘𝗥𝗧𝗬


𝗙𝗮𝗶𝗿 𝘄𝗲𝗮𝗿 𝗮𝗻𝗱 𝘁𝗲𝗮𝗿 refer to the deterioration of the leased property caused by normal, everyday use. Any damage caused by natural elements will also be regarded as fair wear and tear. The tenant and landlord need to agree on the state of the leased premises on commencement of the lease period by way of an incoming inspection, which will serve as reference point from which future wear and tear will be assessed. The tenant cannot be held liable for fair wear and tear as it is the landlord’s obligation to maintain the property.

𝗗𝗮𝗺𝗮𝗴𝗲 to a leased property is defined as any deterioration caused by negligent or accidental destruction or damage to a property. This includes stains which cannot be removed, torn carpets, nails hammered into walls and painting the walls a different colour without the landlords consent. In the abovementioned examples the tenant has to rectify the damage or forfeit a part of his deposit in order for the landlord to rectify the situation.

At the end of the lease period the tenant must hand over the leased premises in the same condition in which it was received, with the exception of fair wear and tear. An outgoing inspection is done and the condition of the property at the end of the lease can be compared to the condition of the property as captured in the ingoing inspection report.

It is often difficult to ascertain whether the repair work is due to fair wear and tear or due to damage caused by the tenant.

Feel free to contact us for our pro forma lease agreement as well as a pro forma inspection report.

Click below to view our MCSellersGuide.
https://mcvdberg.blob.core.windows.net/guides/SellersGuide%20-%20with%20cover%20page.pdf

15/06/24

🏡 Modern Living in the Heart of Overport 🏡


Lancia Court
2 🛌 2 🛁 3 🚗
55sqm
For sale @ R695,000
Levy: 2320
Rates: R535
Potential Rental: R7,900pm
ROI: 6%

Shireen M presents this beautifully refurbished apartment, thoughtfully designed with modern finishes and a touch of elegance — the perfect blend of comfort and convenience.

The apartment offers:

🌿 Open-plan lounge and dining area

🍽️ Fully fitted kitchen with granite tops, hob, oven, extractor & dishwasher connections

🛏️ Two bedrooms with built-in cupboards, each with an ensuite bathroom

🧺 Separate laundry room with wash trough & washing machine connections

🚗 One garage + one open parking (extra space in front of the garage too!)

🏢 Secure, well-maintained block with automated gates, controlled access, lift, and visitors’ parking


📍 Why Overport?

Situated in one of Durban’s most sought-after suburbs, Overport offers the perfect central location — close to top schools, medical facilities, shopping centres, and places of worship. With easy access to major routes, everything you need is just minutes away. It’s a neighbourhood known for its vibrant community, excellent security, and strong property value growth, making it ideal for both homeowners and investors.

✨ Experience the best of city convenience with suburban charm — right here in Overport. ✨



click here for pics

click here for video

Contact Shireen M

12/06/24

Property Management

We are proud to collaborate with Kathija Limalia & Associates  with the management of rental properties.

Management of properties cover the following..
- Application process and credit checks
- Lease agreements 
- Ingoing and outgoing inspections 
- Monthly invoicing of rental to tenant
- Management of utility bills
- Statements to landlords
- Facilitation of Maintenance issues 
- Timeous handling of late payments and defaulting tenants 
- On time assistance with eviction procedures at reduced costs.

For more info on assistance in having your property managed, contact me on 083 597 8602 

Requirements to put in an Offer to Purchase

For offers We request the following:

-ID Copy
-Proof of address
-phone number
-Cell number
-Email address
-Income tax number

-Offer Amount

-Are you a cash buyer?
If so, how soon after date of acceptance will payment be made into the trust account?

OR

-Are you applying for a bond?
If so, what is the bond amount? 

-Are you paying a deposit? 
If so, 
What is the deposit amount? 
Number of days from acceptance that deposit will be paid? 

-Is this sale subject to you viewing or do you not want to view the property?

-Are you married?
If yes, is it COP or ANC? 
If cop both spouses will need to sign documentation.

30/05/24

The Exquisite, The Prestigious, The Pearls

3 🛌 3 🛁 1 🚘 🏊‍♀️ 
95sqms
For Sale @ R7,999,000
To let @ R35,000pm
Levy: R4157
Rates: R5715

Shireen M proudly presents this stunning apartment in the pride of Umhlanga, The Pearls.

Armed with state of the art access control, 24/7 security, direct access to the stunning Umhlanga promenade and beach as well as the Pearls mall within your midst,  this apartment ticks all the boxes in terms of location,  convenience, safety, Eateries, Security and Recreational facilities. 

If you looking for a lock up and go place to call Home, this is it!
If you looking for a investment property, then this is perfect for long-term letting. 

The apartment comprises..
- Open plan living area that comfortably accommodates a lounge, dining and kitchen area
- Kitchen is fitted with quartz tops, hob, oven, washing machine and dishwasher connections.
- Main bedroom with bics, balcony, ensuite bathroom with basin, bath, shower, toilet 
- Second bedroom with bics and ensuite bathroom with bath, basin and toilet
- Third bedroom with bics
- Family bathroom with shower, basin and toilet
- One parking

Available to let furnished,
On sale unfurnished with an option to buy furnished.

The complex offers..
- Panoramic Sea Views
- Secure undercover parking
- Hydrotherapeutic heated and serviced pool areas
- 24-hour security surveillance
- Biometric access control for added security
- Continuous electricity supply via estate generators
- Onsite Musalla for canonical prayers
- Direct access to the Capital Hotel facilities and amenities
- Easy access to Pearls Mall offering medical services, gym, spa, retail outlets, restaurants, and coffee shops
- Proximity to Umhlanga's main beach and 5-kilometer promenade
- Conveniently located within 1km from Umhlanga Business district, with easy access to King Shaka International Airport and Durban Central

DISCLAIMER:
- Municipal Rates will be adjusted based on the final purchase price
- A one-time Reserve Fund contribution is applicable upon purchase






 

Understanding Residential property ownership in South Africa

click here to read article

01/05/24

Requirements when wanting to rent Property


Full name 
Occupation 
Number of occupants
Salary needs to be 4x the rental amount to qualify for affordability. If you dont meet these reqs, we cannot proceed.

An application form will be required together with supporting documents and a non refundable app fee of R345, once you view the property. 

Supporting documents required:
- ID
- Payslip 
- Proof of residence
- Bank statements 
- Id copies of occupants 
- Letter of reference from landlord 
- Letter confirming employment
- Completed application form, with authorisation for credit checks
- Completed Income & Expenditure Declaration 

Application is subject to favourable credit checks, and landlord approval

Deposits are required together with the first months rent 
Standard deposits are as follows, but may defer:
Damages.. one months rent
Utilities.. min. R1000
Keys.. R600
Deposits may differ as per landlord reqs.
Lease fee.. R1,395

Signed lease and full pmt is required before key handover.