Issue 5 / October 2006
BOND MAN MOVES TO THE ATLANTIC SEABOARD
I am delighted to announce that our office will relocate to
Sea Point at the end of October. For the past 2 years, the business
has operated out of an enchanting cottage near the top of Kloof
Street in Gardens. Prime commercial space has just become available
in the heart of Sea Point’s dynamic Property Mile,
opposite the new Piazza St Johns on Main Road, and
I believe this presents an opportunity to move The Bond Man
to a different level.
I have loved restoring No 5 Firdale Avenue and I shall miss
its sunny, happy soul and the vibey energy of the area –
not to mention the abundance of parking – but relocating
to Sea Point will, I believe, be a strategic move that will
position the business as the only mortgage originator with any
significant visible presence on the Atlantic Seaboard.
that The Bond Man’s City Bowl premises will become available
to rent from the beginning of November. Prospective tenants
may call me directly for an appointment to view.
- Charming, beautifully restored historic cottage, north-facing,
with business rights in an excellent area
- Newly fitted open-plan 3-roomed office with 5 work stations,
plus small reception area/ lounge, kitchenette & bathroom
- Lock-up garage
- Delightful, sunny garden & courtyard
- Excellent street frontage & visibility
- Air-conditioned & burglar alarmed
- To let: R9 000 per month
INTEREST RATES: TIME FOR A COOL HEAD
The recent 0,5% hike in the home loan rate comes after
2 similar increases in June and August and will not be the last.
Factors influencing future possible increases include the oil
price, growth in credit extension and the value of the rand,
the world’s worst performing currency this year.
Since May the rand has depreciated by almost 22%. Some homeowners
may recall when the home loan rate rose to 25% for more than
12 months in 1984/85 and for nearly 3 months in 1998.
Economists agree that we are by no means heading back
to those dark days, but some of my more risk-averse clients
may wish to investigate the possibility of fixing their home
loan rate and guard against future hikes.
Please call me should you wish to discuss this. Fixed rates
are priced individually according to the amount of the loan,
the relative value of the property and the term over which you
may wish to fix it.
The Bond Man
BOND MAN IN THE NEWS
Those of you who missed our profile in a recent edition
of The Property Magazine can to view the
BOND MAN'S PROPERTY CHOICE OF THE MONTH
There are never any bargains to be had on the Atlantic
Seaboard, but yesterday I saw what I consider to be an
excellent buying opportunity:
In the heart of Sea Point, in Regent’s Road, a large
sunny unrenovated (but immaculate) 2 bedroomed, 2 bathroomed
apartment for R650 000.
You could pay that for a bachelor flat in the same area!
Call THE BOND MAN directly for further information.