{"id":403005,"date":"2020-05-29T18:05:35","date_gmt":"2020-05-29T16:05:35","guid":{"rendered":"https:\/\/businesstech.co.za\/news\/?p=403005"},"modified":"2020-05-29T16:24:02","modified_gmt":"2020-05-29T14:24:02","slug":"heres-what-r120-million-buys-you-now-that-real-estate-can-operate-at-level-3","status":"publish","type":"post","link":"https:\/\/businesstech.co.za\/news\/trending\/403005\/heres-what-r120-million-buys-you-now-that-real-estate-can-operate-at-level-3\/","title":{"rendered":"Here’s what R120 million buys you – now that real estate can operate at level 3"},"content":{"rendered":"

The real estate industry will resume operations under level 3 lockdown on Monday, 1 June.<\/p>\n

The announcement has been met with widespread relief and excitement from industry professionals, as well as buyers, sellers, landlords and tenants who have been left in limbo since 27 March.<\/p>\n

\u201cReal estate is such a huge contributor to the South African economy, and the source of countless jobs, both directly and indirectly,\u201d said Tony Clarke, MD of the Rawson Property Group.<\/p>\n

He warned however, that the discussions with governing bodies are far from over. “Our goal is to have the industry formally reclassified as a Level 4 service to ensure vital continuity should hotspot flare-ups cause a return to stricter lockdowns,” he said.<\/p>\n

\u201cWe don\u2019t want to end up in a situation where new leases or sales are paused halfway through the process because we went back to Level 4 lockdown and buyers, sellers and tenants were left to their own devices with no professional assistance,\u201d he said.<\/p>\n

\u201cThis was a major issue with the original lockdown and we want to do everything we can to make sure we don\u2019t end up there again.\u201d<\/p>\n

Clarke is optimistic that the government will hear reason on this matter, saying they have been \u201cvery receptive\u201d to input from industry experts so far.<\/p>\n

\u201cSafety is obviously a major concern, and we\u2019ve been engaged in a lot of discussion around ways to implement social distancing and stringent hygiene protocol during all real estate activities and transactions,\u201d he said.<\/p>\n

According to Clarke, modern real estate is actually very well equipped to operate with minimal face-to-face engagement, making it one of the easier industries in which to prevent potential virus transmission.<\/p>\n

\u201cWe\u2019ve been working around the clock as an industry to create the safest possible plan of action to allow people to put a roof over their heads without risking their health and safety,\u201d he said.<\/p>\n

Lance Real Estate<\/a> has some of South Africa’s most exclusive and luxurious properties on its books, including a 9 bedroom, 9 bathrooms mansion on\u00a0 3,027 square metres, in Fresnaye.<\/p>\n

“This unique property designed by Marvin Farr architects, takes you on a visual journey from the minute you pass the guard house, as the gates open you are transported into a Balinese style jungle, complete with lush greenery and a water feature,” the realtor said.<\/p>\n

The property includes a two-bedroom staff cottage, which comes equipped with a bathroom and kitchenette.<\/p>\n

The house also has a gym \/ massage room \u2013 fitted with sauna and steam room, and an outside bar entertainment space.<\/p>\n

“Follow the pathway descending the property and one finds the tennis court, a piece de resistance<\/em> as it is the only private tennis court in Fresnaye aside from the Fresnaye Tennis club,” Lance Real Estate said.<\/p>\n

The property has a guard house with toilet, garage parking for three vehicles and additional parking for four vehicles, the house has cctv fitted throughout and a sound system.<\/p>\n

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Read: Here\u2019s how much you will save on a R1 million bond after the latest rate cut<\/a><\/strong><\/p>\n

 <\/p>\n","protected":false},"excerpt":{"rendered":"

The real estate industry will resume operations under level 3 lockdown on Monday, 1 June.<\/p>\n","protected":false},"author":10,"featured_media":403033,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[26,10855],"class_list":["post-403005","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trending","tag-headline","tag-rawson-property-group"],"_links":{"self":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/403005","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/comments?post=403005"}],"version-history":[{"count":10,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/403005\/revisions"}],"predecessor-version":[{"id":403359,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/posts\/403005\/revisions\/403359"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media\/403033"}],"wp:attachment":[{"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/media?parent=403005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/categories?post=403005"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/businesstech.co.za\/news\/wp-json\/wp\/v2\/tags?post=403005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}