The Property Wealth Group

PROPERTY DEVELOPMENT & PROJECT MANAGEMENT

Property Management

Finances and budgets
Contractual compliance, leasing and marketing
Mandates and negotiations

Developments

Identify opportunities
Negotiations and process in acquiring ground
Municipal compliance and certification
Zoning & SDP’s
Turnkey projects

Operational management

Maintenance systems, procedures and programs
Staff & all labour related compliance
Health and safety
Subcontractors and office administration

PROJECT MANAGEMENT

To spearhead & facilitate the full due diligence processes relating to potential project procurement
Carry out research & feasibility studies to ascertain the viability
Compile business plans, financial models, budgetary projections & motivation for the viability of such proposed projects
Identify risk factors & develop strategies to minimise the possible impact of such risk factors
To implement & manage budgetary & time deadlines
Appointing & managing of Team Leaders, Managers & Independent Service Providers which include supervision, control and accountability
Managing key operational functions in projects & resolve any troubleshooting
Receive & analyse information from managers, staff & operators for decision making & report back purposes
Turnkey developments

CONTRACT NEGOTIATIONS

Facilitate negotiations with the member’s board, professional team, managing agents, tenants, various corporate roll players and service providers
Chair negotiations with financial institutions, corporate investors & private equity holders relating to funding

LEGAL COMPLIANCE

Drafting the fundamentals of the transactions, leases & head of agreements that were to be incorporated into the contracts and or legal documentation in co-operation with the legal representatives
Administering the transfer & handover processes

OTHER FUNCTIONS

The managing of property portfolios through board representation, acting with a full mandate.
Chairing of AGM’s and Trustees meetings of Body Corporates.
The above also entitles the management and appointing of managing agents, all operational, maintenance and financial related matters, leasing, branding and marketing, appointment and managing of a General Manager, appointment of and entering into contractual obligations with service providers, acquiring of any apartments that came up for sale, funding, interior designs + lay-out and refurbishing and finally securing contracts.

CONVENIENCE RETAIL CENTRES

The last project’s development size was approximately 8,700 GLA, consisting of retail and office mix.
As part of the acquisition process we did a detailed initial due diligence insuring a viable development yield, financial profitability & sustainability, cash flow projections, income and expenses, demographical study, consumer spending capabilities, national tenant mix, council approval regarding zoning and development rights & availability of bulk service supply, geotechnical(soil) & environmental impact studies as well as traffic impact studies, expansion possibilities, main contractor & professional teams capabilities and compliance relating to their appointments, architectural plans especially relating to the master plan’s design lay-out and operations, capacity of the managing agent and other service providers, the bank view relating to the funding pre and post development plus repayment capabilities.
The team was responsible for all documentation capturing, electronic record keeping, communication and administration on a web based program designed in house.

MIXED USE DEVELOPMENTS

We incorporate into these development various facets, combining Healthcare, Hospitality and Residential.
Healthcare consisted of day theatres, step down facility (sub-acute unit), medical offices suites and associated usage, offices, limited retail space and a trauma clinic.
Hospitality consisted of conferencing and a hotel.
Residential consisted of retirement units and group housing.
Comprehensive site lay-out plans are compiled thus insuring the optimising of bulk and coverage resulting in the best yield.
Specialised funding is secured through financial institutions as each discipline requires its own set criteria guidelines.
Various presentations are prepared lobbying at municipalities and different state departments for approvals and applications for licensing.

Woodland Hills Wildlife Estate is located on the northerly outskirts of Bloemfontein. The Estate offers residents the opportunity of living in an exclusive security area, close to nature, with the convenience of the city just around the corner. The combination of modern homes inside a nature reserve where game roam wild amongst the houses, makes Woodland Hills a very sought-after residential area in Bloemfontein. The natural Free State flora in the large communal areas and the nature reserve, lots of water and dams and more than 23 species of game already established on the Estate, offer a unique lifestyle to its residents. Several walking – and bicycle trails on the 1000 ha Estate and Game Reserve provides a unique opportunity to residents to safely enjoy their environment.

Property Wealth Group developed 32 properties within the estate with a total of almost R 100 million. Some initial customers saw more than 120% return as property prices raised from R5000 per square meters to almost R12000.

An all-round successful estate that is now 100% sold out!

Wild Olive Estate is located adjacent to Bloemfontein’s wealthy northern suburbs. Start each day with a meander in the Free State grassland guided by the beautiful bird songs and enjoy the warm Free State sunset over the grasslands.

This is truly a place where you and your family will grow and love the freedom of living in a unique, safe, and vibrant community just a stone’s throw away from all amenities.

The Property Wealth Group is developing 10 large units with sizes over 200 m2. Majority of the units are held within the group for rental purposed generating a high rental yield.

The Lillyvale Community Centre is a community facility in the north of Bloemfontein which will provided a real boost to amenities in the local area.

The facilities will include a multi-purpose sports hall, meeting rooms, the LCC Café and the Lillyvale Childrens’ Centre. The building will open to the public from Monday to Saturday with many varied activities taking place.

Owned and operated by a NPO Trust, the Centre will be built in partnership with Property Wealth Group. On Sundays the Centre is used by the Church for worship, teaching and other activities, to which all will be welcome.

JFA Trust spent many years planning for the centre, plus another 2 years bringing it to fruition. We pray that it will be a real blessing for the community of Lillyvale and thank God for his provision.

PWG is in the process of applying for relavent zoning permits and finalising the development plans with a project start time early 2016.

Property Wealth Group introduces a new student accommodation development in the heart of Universitas Bloemfontein.

This high quality student accommodation development is situated 700m from the Free State University Campus and once completed, will accommodate 20 units comprising of 20 two bedroom units of 48 sqm.

Bloemfontein has a decisive need for Student accommodation and from an investor’s perspective, the Bloemfontein market offers virtually guaranteed rental returns and exceptional property growth as the number of students are increasing year on year.

Set to accommodate students for the 2017 academic year, the contemporary design can be described as a combination of a modernist idiom with industrial chic. Each units comprises of tiled floors, modern light fittings, modern bathroom fittings and an incorporated study area.

The finishes and fittings have been carefully selected to enhance each unit, while the customized areas will cater to a student’s every day needs.

A security system and access control will ensure the safety of the residents and building alike.

The property also boasts private outdoor space and communal garden terraces, all ideal for socializing with friends when studies have finished for the day. There is an allocated parking for each unit as well as controlled access to visitors parking bays.

The development’s competitive difference is that it offers students a complete and sought after lifestyle experience in a trendy and comprehensive package of services.

Somerton Estate is located on the green strip of the Seven Dams, Somerton Estate is regarded as “the last of its kind” of development with a unique climate and natural surroundings to be found only two kilometers outside of Bloemfontein. 80 Residential erven, 4 townhouse erven, an office park and boutique hotel with 2 large open space erven makes this is a low-density, up-market residential development. Travelling along Lavender Lane road you will find a venue with conference and wedding facilities, neatly tucked away behind indigenous trees and fields of aromatic lavender. Street names were inspired with the owners love of lavender. You do not have to travel to France to experience the French aroma of lavender.

Easily accessible from all the main routes and entrances of town, Somerton Estate lies only two kilometers from Northridge Mall on Eeufees road, R30. With safety and security as the number one concern of every home owner in South Africa, at Somerton Estate you will find the most effective and unique security for your family and home.

Boasting a private security emergency call centre and armed response based on the Estate, officers respond to emergencies within seconds. The patrolling system with designated reporting points ensures that the area is safeguarded 24 hours per day. Security vehicles never leave this area, which is enclosed by security fencing. Surveillance cameras linked with the call centre are monitored 24 hours to ensure unwelcome visitors are kept under eye.

ABOUT THE GROUP

WHAT WE OFFER