Step Inside a Masterpiece Inspired by SBE ARCHITECTS in Waterfall Country Estate
ฝัง
- เผยแพร่เมื่อ 8 พ.ค. 2024
- Welcome to another amazing video tour! This time, Marussia (LuxLiv Properties) and I have the honour to showcase you a masterpiece inspired by SBE Architects in Waterfall Country Estate.
The tone is set the moment you step foot onto its impressive driveway. And once you enter through that double-volume entrance, you just know you're in for a serious luxurious property tour!
Please let us know in the comments below (or DM me) what you thought about this masterpiece inspired by SBE Architects in Waterfall Country Estate, the tour itself, and of course what we can do to up our game! I'm always keeping an open mind and happy to adapt & grow 🤓
PLEASE, do me a HUGE FAVOUR and make sure to LIKE this video and SHARE it with someone you think might enjoy watching it as well.
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Would you, or someone you know, like to have a listing or property featured on this channel? Just send me a direct message via WhatsApp at 079.079.6411 or via wa.me/27790796411 and we'll take it from there!
Now, let the video do the talking - enjoy!🤩
⚡️PROPERTY DESCRIPTION⚡️
Welcome to this amazing masterpiece inspired by SBE Architects in Waterfall Country Estate. This exquisite property is a haven of modern luxury seamlessly integrated with the surrounding natural beauty.
Your journey begins with an impressive driveway leading to a dramatic double-volume entrance. Step inside and be captivated by the open-plan entertainment area, thoughtfully designed to center around a sparkling pool overlooking the lush greenbelt. Imagine hosting unforgettable gatherings with this breathtaking backdrop.
This exceptional home boasts the finest finishes and cutting-edge technology. The Kitchen Studio designed a chef's dream kitchen equipped with top-of-the-line Siemens appliances, backed up by another full kitchen, and CONTROL4 seamlessly integrates home automation for ultimate convenience.
The clever architectural design provides a sense of complete privacy, ensuring you can enjoy the serenity of your own oasis even with neighbors nearby.
Step out onto the beautiful composite decking and immerse yourself in the picturesque surroundings. A sparkling, heated pool with a gas braai and extractor ensures endless entertainment.
This home prioritises sustainability. A strong borehole provides water, while heat pumps power the underfloor heating and contribute to an almost off-grid electricity solution. A JoJo tank ensures ample water storage.
Every detail in this home is meticulously chosen. Feature walls showcase stunning stucco finishes and mood lighting sets the perfect ambiance. The sleek, soft-close kitchen boasts two ovens, a microwave, and an induction stove, all seamlessly integrated.
Upstairs, a cozy pajama lounge with a fireplace and kitchenette offers a haven for relaxation. Each of the four bedrooms is generously sized and features an en-suite bathroom, A/C, and access to a balcony. The main bedroom boasts a massive dressing room, a luxurious bathroom with a double in/outdoor shower with outdoor seating area, and oversized balcony overlooking the greenbelt.
This exceptional SBE-designed property truly sets the standard for luxury living.
⚡️QUICK STATS⚡️
★ Beds: 5
★ Baths: 6
★ Garages: 4
★ House size: 950 m²
★ Stand size: 1,200 m²
★ Location: #WaterfallCountryEstate #Midrand
⚡️ARCHITECT DETAILS⚡️
★ SBE Architects
★ Website: sbearchitects.co.za/
★ Enquiries: +27 (11) 807 3442 or +27 (76) 309 2626
★ Email: reception@sbeass.co.za
⚡️AUTOMATION SYSTEM DETAILS⚡️
★ Control4
★ Website: control4.co.za/
★ Enquiries: +27 (11) 781 8887
★ Email: info@control4.co.za
⚡️KITCHEN DETAILS⚡️
★ The Kitchen Studio
★ Website: www.kitchenstudio.com/
★ Enquiries: +27 (11) 312 4060 or +27 (11) 465 2835
★ Email: info@kitchenstudio.com
⚡️AGENT DETAILS⚡️
★ Agent: Marussia ➯ +27 (83) 384 0618
★ Email ➯ marussia@luxuryliving.properties
★ Agency ➯ LuxLiv Property Group
⚡️EPISODE CHAPTERS⚡️
00:00 - Trailer
01:04 - Introduction
02:26 - Entrance
03:57 - Feature Kitchen
05:25 - Second Kitchen
06:35 - Al-fresco Dining
06:58 - Dining Area
08:13 - Lounge
08:53 - Covered Patio
09:33 - Outdoor Kitchen
10:13 - Home Cinema
10:46 - Bar
13:02 - Pool Area
13:54 - Feature Staircase
14:52 - Main Bedroom Suite
17:57 - Main Bathroom
19:38 - Second Bedroom Ensuite
20:58 - Pajama Lounge
22:08 - Third Bedroom Ensuite
23:21 - Gym
23:43 - Fourth Bedroom Ensuite
24:05 - Staff Quarters
25:31 - Entrance
26:17 - Fifth Bedroom Ensuite
27:18 - Garages
27:42 - Guest Toilet
29:12 - Garages
29:44 - Living Areas
31:08 - Pool Area
32:09 - Greenbelt Area
32:45 - Closing Thoughts
Please note that this masterpiece inspired by SBE Architects in Waterfall Country Estate may, or may not, still be available at the time of viewing this video. Feel free to double-check with the agent above. - บันเทิง
She's a real one for showing us the garages🤧
Knew you’d like that one!🤩
Wow definitely a 2024 LuxLiv House of the Year contender. Truly magnificent
Definitely a TOP-2024 contender indeed 🤗
Lovely,great walk through well done. Wow this is a real meaning of heavens on earth👌 wonderful.
Well, thank you! Glad you liked it.
Any chance you’ve forwarded this link to someone you know who might like it as well😎
@@LuxuryHomesJohannesburg well I more than liked it I loved it.
@mayormsuthu1465 MISSION ACCOMPLISHED then 😎
My favorite house ever, I know I say this in many houses , but this one is the one for me
The best
You’re funny, Thabo!
Wait till you see what I have lined up next. Time to change your mind again 🤣
In all seriousness, this is in my personal TOP-3 of all-time…
😅😅 I’ve been Checking all day for this video 😄😄 hey those SBE architects not playing.. nice one Xavier and Marussia ❤ such a beautiful house everything is so perfect
That’s nice of you to wait so long - next time, pls note that I rarely drop them early in the afternoon. Check late afternoon/evenings rather. Or set notifications on of course 😎
Awesome to hear the wait was worth it!
What a beauty🔥🤌
A masterpiece.........breathtaking
Stunning stunning stunning!!! beautiful house, thank you Marussia and Xavier ❤
Truly is, Caroline! One of your fave?
Stunning house, stunning Marussia, and stunning Mr X. Am out of words ❤❤❤
Mission accomplished, I’d say then 🤗
What a lovely home. Mr. X and the team you've out some yourselves.
Awesome to hear, Lloyd!
Perfection, not even a single dull moment on this tour, absolute stunner, you gotta love SBE for creating this masterpiece .. Thanks X and Marussia for this wonderful tour❤
YAY YAY YAY, Lucky! Let me try & find more of these then 😎
What a house everything well thought of, the furniture and the house plan out of this world, well done SBE
100% agree, Saki 😎
Wow gorgeous stunning love it
Thanks so much 😊
Beautiful home. Love the fresh clean lines. ❤
Awesome tour once again by our favorite duo. Thank you guys.
YAY, Palesa! Glad you enjoyed it - where does it now rank vs other tours you've seen on this channel?
Awu Kodwa baf2 ... I just need a cheque HAWEMAH😎
That makes two of us 🤣
Your were correct. This is a stunning Home. Well used combination of discret Tones. Love the Bathrooms. The Pool seems a little bit to small within the huge background. But who cares? Good Job Xavier ❤
Awesome to hear you enjoyed it!!
Very fair point - pools are always an interesting element to added to the mix. Some don’t want one; others must have one. Guess they wanted to have something in between?🤔
My favourite humble beautiful presenter Marussia, what a amazing house, breath taking.
The kitchen 100%,l would have added a study room next to the garage but I am totally impressed with the house
Thanks once again
100%, Shadreck! Thx for taking the time to watch 🤗
Absolutely everything about this home is on point ❤
Thought so as well, Zanele 🤗
Thanks for showing the outside entrance and parking
You bet!
You ask - I TRY to deliver 🤣
Mr Xavier god bless you love to see how you've grown!!! Amazing work indeed!!! Great house
Thanks for saying those kind words 🤗
Heavenly living this is one of the best house ever, enough space garage study cinema room n entertainment room also bedrooms wow. Speechless 🥰
Truly amazing indeed 🥰
Beautifully done love the fact that it's on the green belt you get to have your own privacy. It also looks very cosy
100% agree!
Stunning!
Truly is, Art 🥰
Great home very functional
100%, Kevinn 😎
Beyond stunning
Really is, Katlego 🤩
Stunning stunning
It really is!
Beautiful Master peace,#sbearchitectures.
The best architectural company in the entire South Africa.❤❤❤❤❤
100%, Magosi 🤗
Wow. An amazing house. Best I've seen on this channel.
I’d agree with you there, Moses. It’s a VERY impressive home 😎
Wow this is beautiful.
Truly beautiful, Dumisani 🤩
Theme sone goes very well with this beauty. ❤
Cheers!
If heaven was a house this would be it !!!! Spectacular great work🤝🥰
Truly stunning indeed!
Let’s see if I can line up another similar one for you 😎
Wow ❤ ❤❤
Truly is wow 😍
This house is so beautiful 😢 😍
Truly a beauty indeed 🥰
The quality of your work is just as beautiful as the houses you shoot. Well done!😁💐💐
Awesome to hear, Tshepi!
I’m trying. I can’t wait to shoot with my new professional camera instead of my old iPhone 🤓
❤❤wow is really a masterpiece ❤❤
100%, Nokwanda 🥰
Xavier you outdone yourself. This is the best presentation ever. I have no complaints chief.
Well, thank you, Siwaphiwe! It helps to have a property like this SBE masterpiece + Marussia doing the tour...
Ooo I LOVE❤❤❤THIS BIG BEAUTIFUL HOME SO UNIQUE OUTSTANDING GORGEOUS AND LET ME NOT FORGET STUNNING😊👏👏👏THANKS MARUSSIA & XAVIER GOOD JOB
Exactly my thinking!
Let’s not forget STUNNING indeed or you’d hurt my feelings there, Minnie 🥰
@@LuxuryHomesJohannesburg Lol😀😀
🤗🤗
I love this house ❤
Love is in the air, Sally 🥰
This could be the best property that has been showcased in this channel thus far. Stunning house and more importantly great video
You think so, Blessing?! Think I should do more of these?! 🤔
It’s definitely in my personal TOP-3 EVER.
@@LuxuryHomesJohannesburg from you guys have showcased until now l don’t think there’s anything better than this. SBE architects created a masterpiece
Attention to detail is unmatched l wonder what is the price tag if it was on the market
@blessingnyathi3751 I think you might be right there! Pls DM me on Instagram @LuxuryHomesJohannesburg
My heart always jumps with joy whenever I watch your videos, don't know what that means, but I love it❤
I was going to say - that’s a good sign, no?! 🤗🤗
You’re very welcome.
This home is the epitome of perfection, dream home to raise a young family wow. SBE architecture is flawless standing ovation for them wow. Lol the fish and chips humor Marrussia you are delightful and Xavier too. Thanks guys
Truly truly is magnificent! I wasn’t kidding on my Community Post yesterday when it said it was just wow!
“Fish & chips humour”? Is that we do when we tour houses? 🤣
It truly is spectacular, lol no when Marrussia was in the second kitchen she said that's where you prepare the fish and chips.
You are awesome man, michellin work
@oram9112 Oooh yes! 🤣
This house is beautiful
Verrrrrry much so!
Thank you to shere this vidéo
You bet! Hope you enjoyed it!
Wow that is all I can say 😮😮😮❤❤
Wow wow wow indeed, my friend 🤗
Wow, it looks so stunning. I'm prepared to move in very soon
Same here🤣
This is beautiful man...
Truly stunning indeed!
The moment I saw the BMW in the garage I knew this house was definitely mine 👏great tour as always one of the best houses in the channel so far thank you Xavier
Hear hear, Katlego!
You saying if the Beemer wasn't in there, you'd have a different impression of this house? LOL
In all seriousness, this SBE masterpiece truly is at another level!
This is the dream house i have been looking for to build within 5 years 🎉
Fingers crossed, Sbinda 🤞
Extremely Beautiful 💓💕🙏
Thought so as well 😎
Lovely and spacious main bedroom
One of THE biggest main bedroom suites I've ever seen...
Amazing 👌❤❤
Verrrrry much so 🥰
Praying this Chanel hits a 100k
Well, thank you, Amy! Much appreciate you saying those kind words.
It’ll likely be in October somewhere given my current growth. This isn’t a channel that’ll explode overnight to 100k. It’s a steady climb post per post per post 🥰
❤. Main bathroom and bedroom.
Love privacy
Very much so, Olivia 🤗
Yessss🥰
My notifications failed me last night. SBE signature ques in this truly amazing home. the colour palates , space and privacy , the staircase. Thank you for bring this home alive Xavier. one to watch over and over again.
No human error involved there, Kenny? LOL
SBE is just at another level. Period. Fingers crossed I manage to get into a few other ones of theirs that I'm trying to line up...
@@LuxuryHomesJohannesburg Brilliant
Indeeeeed 🤞
It was worth the wait, the bts video was a good tease😊
Soooo glad to hear on both occasions, Nyati 🤗
Ahhh, just the track intro was🔥 . The house is stunning in all it's splendor & I especially luv the no backyard neighbors...Privacy Privacy Privacy.
100%!! I’m trying to find new tracks so you’re always welcome to send ideas my way 🤗
❤❤❤❤❤
Yessss🥰
Man, this year, you aren't messing about. 😆 This is definitely on my top 3 👌
Xavier, don't you sometimes feel like you could spend a night or two in these magnificent homes that you film? 🤔
Likewise - in my Top-3 as well!
I’m hoping that all the time but it doesn’t go any further than a glass of wine (oops that sounded bad) LOL
Speaking of which - here’s one I’m hoping to do exactly that: instagram.com/p/C4-S5fGsoZ6/?igsh=emlpM3BiNzZsNzkx so 🤞🤞
@LuxuryHomesJohannesburg yeah, I saw it on your IG. I was in complete awe 🙏. Almost commented,'WHALE', but the asking price humbled me 🙂
I am sure that can be arranged. Seeing as most of these homes on show are usually vacant. I don't see why not 🤷🏽♂️
Well, it shouldn’t stop us from dreaming, right?!
Always an issue of cost though - who pays for the flight, airport car shuttle, overnight stay etc. Assuming I do for free…🤔
@@LuxuryHomesJohannesburg if my pockets were deep enough, I would cover all these cost for you. 🤞
@SirGG187 That’s very nice of you to say! I’d ask you to sponsor me all over SA if I were to follow all the requests to do tours!!
I recon if the agent can fetch/bring me to airport and I spend the night at the house I’m left with about a R2k RT fight. That’d be the only cost if I give my time for free 🤔
The view is amazing
Stunning nature / greenbelt setup 🤩
Very unique garden, very different from the norm😮
One with nature, I’d say! 😎
This channel makes it hard for me to pick a house cause every week i have a new favourite house 😂❤
LOL you telling me I need to start putting up the ugly ones for a while so you can be content with your choice for a few weeks? 🤣
I was so wrong!.This is a fantastic house. The house is stunning. II think you would need to offer over 30,000,00 plus another .10 mill for the furniture Also big plus for both you and M .. you have done one of the best walk throughs ever.There be nothing you did not cover.Superb ❤❤❤❤❤❤❤❤❤❤❤❤❤
Thank you, Richard! It’s one of my fave as well. Truly stunning home🥰
I know & respect your insight as you’re quite educated on what’s happening. Love your thinking wrt $$ but perhaps somewhat bullish 🤗
Thank you if it has one fault is that it not North facing but I do not care. I think I would add a motor to the garden gate! If they wanted to sell it would move to the top of the list of my houses to buy if I had the money,and wanted to live in Gauteng , but 💰💰💰💰💰 I would rather buy in Western Cape
@redinza 100%, Richard 😎
I wonder what do the owners do 😢 this is marvelous ❤❤❤
Fair question. Wish I knew the answer 🤔
I think I'm in love ❤️ 😍. Exquisite design and awesome video Xavier and Marussia. What's the price on this extraordinary home?
Mission accomplished 😎
It is not on the market but for the right price, I’m sure we can talk to the owners. Contact Marussia @ +27 (83) 384-0618
A heavy contender for the R25 million Copperleaf property from a few years back. ❤❤❤
100%, Tshimollo.
I didn't want to bring up that property whilst we were touring this one, but you can see its similarities. And you'll have an idea of its price as well then!
Amazing
True that, Pallie 🥰
I came for the real estate tour but stayed for everybody’s favorite auntie.
🤣🤣🤣
👊👊👊👊
Cheers, Raymond 😎
Wanted to ask about who did this house windows and sliding doors
Lovely dining
Sure is something else! And those chandeliers…🤩
my concern now, is how much i don't see the price, this is more than beautiful
It is not on the market but for the right price, I’m sure we can talk to the owners. Contact Marussia @ +27 (83) 384-0618
Thanks for a great video once again! Due to the long holiday break, I have time to comment in a bit more depth. A few comments:
6:01 There is no extractor fan in the show kitchen? Personally, I would imagine it's where guests are shown the most spectacular parts of cooking. For example, flaming the food. It's easy to leave traces of grease and smoke on the light-coloured ceiling.
6:27 The vending machine is located in the walkway. This is poor design. It would have found an easily oriented location in the day kitchen.
6:30 An electrical cabinet or similar technical box. It is good to have easy access to technology, but this box is an eye-catcher. Perhaps a suitable cabinet on top would be a good option. The wires and their penetrations are left exposed. In such a fine mansion, such details should be hidden. This could be easily done.
11:20 Ceiling ramps. In this room - as in several rooms later - ceiling ramps have been used to great effect. But they have not been used to their full potential. Among other things, it would be clever to place the ventilation valves in the ceiling ramps. The same applies to all rooms where ceiling ramps have been used.
Where is the wine cellar or wine cabinet? A pool table that is too small is, in my opinion, an unnecessary waste of space. Better to use the space for a nice table and a few stools. But I understand why people want a small pool table.
17:00 Main bedroom. Personally, I'm not a fan of walking straight from the hallway to the dressing room. Fortunately, the doorway is slightly screened. Otherwise, the main bedroom and dressing room are quite presentable. Maybe I would need a fireplace of some sort to create some atmosphere - at least on the balcony.
18:15 Main bathroom. The use of space is a challenge. In fact, placing the sinks on opposite walls in such a narrow space is a poor solution. Reminds me of the "train apartments" in Manhattan. If you have two adults in there at the same time, looking at their faces and pinching their pimples, inevitably their butts will bump into each other. And through the mirrors you can see directly what the other is doing. Maybe, however, placing the sinks on one wall would be a better option. This would allow a comfortable chair and a small table to be placed in the same space. The mirrors need a delicate cover strip around them. The LED strip is visible from the side, creating a cheap feel. As if it were a bathroom for a game streamer. Otherwise, the bathroom and toilet are spectacular and functional. The outdoor shower is the crowning glory.
21:39 Same thing: the LED strip is visible. The subtle cover strip makes up for it and adds a touch of class. In the same space, the microwave is an eye-catcher. Maybe a smaller microwave placed in a slightly different location would work better?
All in all: quite a good looking ensemble. Stylish and in many places seems practical. A guaranteed safe showroom overall. The owners can be proud for good reason.
And another excellent job by the Luxury Homes Johannesburg team. A little noise here and there in the image (high ISO?) but good quality. I understand that some people might get dizzy when moving the camera even back, but personally I like it.
Thanks again for the video and the new ideas!
Thank you for taking the time to comment. It's officially THE longest and detailed comment I have EVER received, so THANK you 😎
I wish I could address all your design / architectural points in detail, but vast majority are beyond my knowledge scope, as I wouldn't be able to respond to them! Sorry!
Regarding your camera comment: I'm still using my old iPhone 11, so I'm aware it's oftentimes grainy (especially in lower light conditions), but with my new professional camera, which will be operational soon (I'm still practicing and don't quite dare taking it to these video tours just yet), I hope to have solved that problem once and for all!!
Thanks again for your continued support!!
Oh my 😮, I am curious to know the price of this masterpiece??
It is not on the market but for the right price, I’m sure we can talk to the owners. Contact Marussia @ +27 (83) 384-0618
I think i found my dream house
That’s awesome to hear 😎
Beautiful.. what's the price if on sale
It is not on the market but for the right price, I’m sure we can talk to the owners. Contact Marussia @ +27 (83) 384-0618
so many kitchens it's a house it's not a restaurant. just one is enough
Thanks for stopping by, Marco.
I respectfully disagree.
Your staff should be using the same kitchen downstairs kitchen as you, hereby interfering with your privacy time in the evening/morning?
Having an outdoor kitchen is a must in larger-sized homes as it is just impractical to run up & down to the main kitchen.
Lastly, any decent sized show kitchen such as this one here must have an extended (chef’s) kitchen to do the heavy ‘dirty work’.
A great presentation, but what is the Price of this Waterfall SBE beauy? 🍅
Marussia is a star!
It is not on the market but for the right price, I’m sure we can talk to the owners. Contact Marussia @ +27 (83) 384-0618
Is it true that the entire land in Waterfall is owned by 1 family? Nice house btw.
Here’s are the details for your perusal:
The Long Term Lease - Waterfall Country and Village Estate (info from the Waterfall Management Company and website)
Applicable in the Waterfall Country Estate & Village
General
The company called the Waterfall Country Estate WMC (Proprietary) Limited owns the land on which the Waterfall Country Lifestyle Estate & Village reside. For residents on the new estates, the ownership structure is based on a long term lease rather than full title, sectional title or fractional title etc. Purchasers are thus buying limited right to the land and have the right to occupy the stand as per the lease agreement for the period prescribed in the agreement (ie. 99 years) and in perpetuity to extend the lease term.
Although not a common form of asset ownership in South Africa until now, the long term lease is a viable and proven form of residential property ownership used throughout the world.
Nature and effect
The lease agreement is signed for a specified amount (ie. lease consideration) which is a once off payment from the lessee to the lessor for the right to occupy the land as per the agreement for a term of 99 years from the date of registration with the option to renew or extend the lease.
The lease is registered (in the office of the Registrar of Deeds in Pretoria) in the form of a notarial deed against the title of ownership by the lessor (the person letting the property) in favour of the lessee (the person to whom the property is let). This awards a great deal of protection for the lessee because he/she is ensured of a legal entitlement to enforce his undisturbed right of use and enjoyment over the property within the rules and regulations set by the home owners association.
Should the lease consideration payable to the lessor be financed, it can be done through a financial institution of the lessee’s choice. To ensure the rights of the bank (as they are initially funding your purchase), as well as it’s clients, are protected, Waterfall consulted with the bank panel of South Africa and negotiated various conditions contained in the agreement.
Any permanent improvements to the land form part of the land and thus the lease agreement.
What happens when you want to sell the property?
Like any asset, it can be exchanged for compensation. In this case, like any form of property, it’s dictated by market value or what someone is prepared to pay for it on any given day. Whether with the assistance of an agent or privately done, once a price is negotiated (including the renewal fee of 3.5%) and paid to the seller, the purchaser (new lessee) takes registration of a new 99 year lease. On that transfer, the 3.5% plus VAT, plus 1%, is paid to the Lessor, being the Waterfall Country Estate WMC (Proprietary) Limited. The benefit of this arrangement is that transfer duty (between 5% & 8% as of 2010) is not applicable to the deal and thus allows a more favourable purchase price to be negotiated by both parties.
The extension of the lease period and the cession of the lease rights are registered simultaneously in the deeds office. Like the transfer of a freehold property, the seller is required to settle all outstanding, levies, rates, taxes and municipal charges relating to the leased property
A benefit of this arrangement is that transfer duties are not applicable to the deal and thus allows a more favourable purchase price to be negotiated by both parties. Furthermore, generally the transaction time from signature of the sale agreement to registration in the deeds office is much quicker than in the case of a freehold or sectional title property.
Hypothetical Scenarios
*Should the lessee sell the leasehold rights earlier than 3 years after the first registration of the lease agreement, the purchaser of the leasehold rights will not pay the renewal fee and will retain the balance of years remaining on the agreement? Example: I sell my property 2 years after the first registration; the buyer will not have to pay the 3.5% renewal fee and will be entitled to the remaining 97 years on the lease.
*Should the lessee leasehold rights after that initial 3 year period, the purchaser will take ownership of a 99 year lease. Example: I sell my property after 10 years, I will negotiate the selling price with the buyer to include the 3.5% renewal fee. The buyer will take ownership of the leasehold rights for a 99 year period.
*Should the leasehold rights be disposed of pursuant to a testamentary bequest ie. A will, the heir will take ownership of the leasehold rights without having to pay the renewal fee and will retain the balance of years remaining on the agreement. Example: I pass away after 30 years and the property is passed down to my son as per my will. He will not have to pay the 3.5% renewal fee and will be entitled to the remaining 69 years on the lease.
*The leasehold rights can be sold at any stage in the 99 year period but if the 99 year period comes to an end, the entity owning the leasehold rights will have to renew the lease by paying 3.5% of the fair value of the property and will be entitled to a lease for another 99 years. Example: I buy the leasehold rights in my family trust, after the property has been handed down through, let’s say 3 generations, my great grandson owns the leasehold rights in 99 years time. He will have to renew the lease agreement with the lessor by paying 3.5% of the fair value of the property at the time and again extend the lease to another 99 years.
*No renewal fee is payable if the leasehold rights are transferred to a spouse in terms of an order of court in divorce proceedings. Example: I purchase the leasehold rights and live comfortably with my wife in the property for 10 years. We divorce and the court rules that the leasehold rights are to be transferred to my wife. The leasehold rights are transferred to her name without the 3.5% renewal fee being payable, she will be entitled to the remaining 89 years on the lease.
WATERFALL RESALE INFO
INFO ON NEW BUILD
Commencement is the date you are issued with the construction commencement certificate, which is given once you have complied with all site establishment requirements in terms of the contractors agreement. From the date of this certificate, the owner then has 24 months to complete the construction. Completion will be deemed once he provides the COJ occupation certificate as well as the HOA aesthetics completion certificate. The completion certificate will be issued provided the house has been built in accordance with the approved plans that was stamped by HOA and COJ. If there are deviations, the certificate will not be issued. If the certificate is not in possession by the end of the 24 month construction period, then penalties will apply from 25th month until completed i.e. certificates are produced.
TO REGISTER A NEW BUILDING IN WATERFALL
The owner who has completed the building needs the following documents:
NHBRC unit enrolment certificate
NHBRC builders registration certificate
Occupational certificate
Engineering certificate
Roofing certificate
Glazing certificate
Gas compliance certificate
Electrical compliance certificate
Plumbing certificate
ON RE-SALE COSTS FOR SELLER
Legal costs - approximately R12-15’000
Cancellation bond costs - none if the seller cancels existing bond 3 months in advance
Due to Waterfall Management company:
3% plus VAT - amount due to you Extension Consideration (3.0% plus VAT on selling price) payable to the Landowner in terms of the Standard Lease Conditions
0.5% no VAT - By amount due to you 0.5% Extension Consideration payable by Lessee to the Waterfall Fund Trust in terms of the Standard Lease Conditions
Agent’s commission - 5% plus VAT, of which the agent pays 1% plus VAT to Waterfall Management Company as accreditation fee
Extension fee - legal, R4’500 plus VAT
Deeds office registration fee, R305
Rates recon fee, R400 plus VAT
Rates and taxes, paid up
Levies, paid up
Electrical and gas compliance certificates for own account - approximately R1’500 each, unless repairs or work is needed
Before the sale goes through - the Seller must obtain COJ statement and Eskom accounts and provide to the transferring attorneys
COSTS FOR PURCHASER
Legal costs based on tariff, approximately 0.1% of selling price
Bond costs - if getting a bond
Once the transfer is done, the purchaser is loaded on Trafalgar and SiMs
Trafalgar will send the Purchaser a ‘welcome pack’
The Purchaser must register and get access onto COJ
I’m always curious about how do they keep snakes out of the house?
Thanks for stopping by.
Plenty of steps around the house. Personally, I’ve never had an encounter myself, nor heard stories of people in these homes with snakes? 🤔
Perhaps not a thing in Gauteng? Anyone any expediences to share with us?
i want this property...fully furnished like this...what could be the price for this
Great question, Akani.
It is not on the market but for the right price, I’m sure we can talk to the owners. Contact Marussia @ +27 (83) 384-0618
How much would this stunner go for sheeesh
It is not on the market but for the right price, I’m sure we can talk to the owners. Contact Marussia @ +27 (83) 384-0618
How I wish 😂
@ziyanda6521 One day; one day 🤗
Hi @Xavier & @Marussia is this house still available?
Thx for stopping by, Lerato.
Please check directly with Marussia @ +27 (83) 384-0618
IT'S NOT FOR SELL GUYS RELAX
It is not on the market but for the right price, I’m sure we can talk to the owners. Contact Marussia @ +27 (83) 384-0618
Just 1 question: is the house sold with the furniture?
It is not on the market but for the right price, I’m sure we can talk to the owners. Contact Marussia @ +27 (83) 384-0618
is this property not for sale,since u never mentioned the price
It is not on the market but for the right price, I’m sure we can talk to the owners. Contact Marussia @ +27 (83) 384-0618
Is this property on the market? If so what is the asking price?
It is not on the market but for the right price, I’m sure we can talk to the owners. Contact Marussia @ +27 (83) 384-0618
Imagine having a braai
Yesssss🥰
Will this be for sale?
It is not on the market but for the right price, I’m sure we can talk to the owners. Contact Marussia @ +27 (83) 384-0618
@@LuxuryHomesJohannesburg 🫶🏽🫡😉
Lovely House And Video But Camera Needs To Improve
Glad you like the house!
Any specific part you can give as an example where I can improve my camera movement? Always eager to learn. Much appreciated 🤗
How much would this go on the market for?
It is not on the market but for the right price, I’m sure we can talk to the owners. Contact Marussia @ +27 (83) 384-0618
Please next time the real video tour should reveal the thumbnail position. Or rather in simple terms please create your thumbnail from the final video tour project.
Thx for stopping by.
That might work with TH-cam shorts but not with long-form video content. I can’t use a screenshot from the video tour as it’s rarely a decent one. Rather just take a photo afterwards, or ask the agent/architect to provide me with a professional one.
You pretty much get that here at 01:39 into the video - that’s where that photo for the thumbnail was shot 😎
Thanks. Your response works. Am happy. Very.@@LuxuryHomesJohannesburg
Approximate price please 🙏
It is not on the market but for the right price, I’m sure we can talk to the owners. Contact Marussia @ +27 (83) 384-0618
And how much is this masterpiece?
It is not on the market but for the right price, I’m sure we can talk to the owners. Contact Marussia @ +27 (83) 384-0618
How much house plan?
Great question. I’d suggest you check with the architects - SBE ARCHITECTS Malcolm +27 (82) 445-1652
How much is this house listed for
It is not on the market but for the right price, I’m sure we can talk to the owners. Contact Marussia @ +27 (83) 384-0618
😢may the owners please adopt me for a week, just a week
LOL John 🤗
Asking price and levie ?
It is not on the market but for the right price, I’m sure we can talk to the owners. Contact Marussia @ +27 (83) 384-0618
How much?
It is not on the market but for the right price, I’m sure we can talk to the owners. Contact Marussia @ +27 (83) 384-0618
Is this house for sale?
It is not on the market but for the right price, I’m sure we can talk to the owners. Contact Marussia @ +27 (83) 384-0618
How much is this beauty palace?
It is not on the market but for the right price, I’m sure we can talk to the owners. Contact Marussia @ +27 (83) 384-0618
Thanks alot 😊
@londonekhondela1141 🤗🤗