George Lakes Yacht Club (GLYC) hosted it annual interclub regatta at its Island Lake venue on the weekend of October 22. It was attended by.competitors from Mossel Bay Yacht & Boat Club and Knysna Yacht Club. One.competitor came from further away Frans and Jamie Loots of Redhouse YC came to the event from Cape St Francis with their Sonnet. Two fleets were created a fast fleet (those with ratings less than 1 200) and a slow fleet (those with ratings greater than 1 200). The fast fleet had 20 boats,.comprising Fireballs, Lasers, Dabchicks and a Sonnet, Mosquito and Hobie 14. The slow fleet had 24 boats.comprising Optimists, Teras, Picos, Toppers, Qbas, Gypsy and Topaz. Also at the event was the RSA Olympic sailor Asenathi Jim, there to provide coaching to GLYC’s James Hellstrom, who has been selected to the World Sailing Youth World Championships being held in New Zealand at the end of the year. Saturday was a grey day cool and overcast with little wind. A patchy, shifty breeze came from the southwest. Two races were held in these conditions. On Sunday morning, the weather was brighter, but the breeze was still lacking. It started to fill in from the south and two races were held, before a short lunch break was called. Then the wind shifted to the southeast as forecast and strengthened. Two final races were held in ideal sailing conditions. In the light condition, the potentially fast boats did not perform well, particularly the catamarans. Also the Fireballs could not extend a lead over the rest of the fleet as much as they would have liked. Doing best in the series was KYC’s Dudley Isaac on his Finn. Always up front with the Fireballs, he was the winner of all the races on handicap except the final one, where he got second place. Doing the best of the three Fireballs sailing was the team of Georgou Divans and Ferdinand Holm, consistently up front to get second place overall. Malcolm Osborne was the leader among the Lasers, to get third place overall. His main.competition from Lasers came from Mossel Bay’s James Marais, fourth overall. In the other fleet, up front on the water were the Tera Pros of Abigail Sweeney of Mossel Bay and Devaundrey Slinger of Knysna. However, these two could not get far enough ahead of the Optimists to be able to convert this lead into a lead on corrected times. Consistently ahead on this basis was the Optimist of GLYC’s James Vonk, who got first place overall. Second place went to Sean Vonk, who was able to take a couple of race wins off his brother. In third place was Eurios Home, ahead of Conrad Holm. Sweeney was first of the Tera Pros she also got a prize as first girl in this fleet. The other part of the.competition was the interclub aspect. Here, scored on the top three positions in the senior fleet, the winner was George Lakes Yacht Club. Similarly, in the junior fleet, scored on the top five boats per club, the winner was also George Lakes Yacht Club, with a narrow margin ahead of the Mossel Bay boats in this fleet. George Lakes Yacht Club wishes to extend it’s grateful thanks to its sponsors Raubenheimers Attorneys and Lew Geffen Sotheby’s International Realty (George), as well as to the many volunteers who ensured that the event went off smoothly.
Some Southern Suburbs still offer great value and lifestyle 50 mins ago by PropertyWheel_GLP 3 min read This beautifully renovated three bedroom home is a stone’s throw from Keurboom Park in Rondebosch. On the market for R3.95 million, it has an excellent security system, a spacious open plan living area which opens out to an established garden and solar-heated pool and secure parking for five cars. Cape Town’s Southern Suburbs have been among the top performers in the South African residential sector for several years, with popular suburbs like Claremont, Rondebosch and Newlands experiencing year-on-year growth which have increasingly priced them beyond the budgets of many investors. Cecile Leck, Area Specialist for Lew Geffen Sotheby’s international Realty says: “In the most sought-after areas, house prices now start at around R5 million with average sale prices of around R7.5m, however, there are still nodes where investors can enter the market for considerably less”. “Lynfrae, Clare Park and Below Belvedere were often overlooked because of their location “below the railway line” but this is no longer the case as they still offer excellent value for money in a high value zone where average house prices in directly adjacent suburbs are considerably higher.” According to Leck, between January and August this year, 20 homes were sold in Lynfrae at an average sale price of R3.6m and during the same period 17 sales in Below Belvedere realised an average sale price of R2.9m while Clare Park averages slightly higher at R4m. “Correctly priced, well-maintained homes in these suburbs will be snapped up, often within days, regardless of whether or not they have been renovated and we are now experiencing stock shortages of lower to mid-market homes.” Although most of the properties in these areas are still freehold, there is now a growing demand for the lock-up-and-go properties, including sectional title schemes, cluster developments and townhouses. “These property options are very popular with young professionals and empty-nesters downsizing and currently there are only four developments in the area which cater to this rapidly expanding niche market: Keurboom Close, Victoria Mews, Queen Victoria and Belvedere Court, a sectional title scheme”. Leck adds: “An increasing number of current owners as well as new buyers are renovating their homes, either to meet their lifestyle needs or with a view to selling in the near future.” Lew Geffen, Chairman of Lew Geffen International Realty, says: “Although almost half of existing residents have owned their properties for more than a decade, the majority of new buyers are recently married couples starting out and young families who want to be in the school catchment area”. “There is also a high demand for affordable rental accommodation, however as many investors are buying to live in their homes, demand far outweighs supply.” Geffen says that in addition to the accessible pricing of these suburbs and their proximity to several excellent schools, they also offer a number of other compelling appeal factors. “Residents are within walking distance to a number of popular sporting facilities such as Newlands cricket and rugby grounds, Western Province Cricket Club and Villagers’ Rugby and there is also a comprehensive selection of local small shopping centres, including Palmyra Junction and Belvedere Square, as well as easy access to larger malls such as Kenilworth Centre and Cavendish Square”. “There are also numerous doctors’ practices located along Belvedere Road and excellent private medical care is available at the nearby Life Claremont/Kingsbury hospital cluster”. Leck says: “One of the biggest drawcards for young families is that this is still very much a community-minded neighbourhood with a number of play-parks for children, including popular Keurboom Park where families can safely enjoy outdoor activities after work and on weekends as security has been prioritised and environmental sensitivity maintained.” cape town home buyers home owners lew geffen property investment residential residential property sectional title suburb… View the entire article here