Prince’s Grant HOA appoints Trafalgar
14 December 2018
The Ballito office of Trafalgar Property Management is experiencing increased demand for its services and has already gained several more Sectional Title complexes and North Coast estates as clients since opening in July.
Among these is the spectacular Prince’s Grant golf and residential estate in Blythedale, where Trafalgar now handles administration and financial management for the Home Owners’ Association.
The estate features an 18-hole championship golf course designed by Peter Matkovich, a four-star lodge, three swimming pools and tennis, squash and boating facilities, all of which are overseen by onsite managers. Established in 1994, Prince’s Grant also currently encompasses some 280 luxury residences that enjoy beautiful golf course, sea and countryside views.
“We are delighted to be assisting the HOA of Prince’s Grant to manage all its financial, legal and compliance requirements,” says Trafalgar* MD Andrew Schaefer. “The average price of the homes on the estate is well over R3m, so this is a very discerning group of owners and investors, and it is gratifying that they have chosen to work with us, based on our proven expertise in administering developments of this size and complexity.”
Standard services provided by the company include levy collection and management of HOA accounts, insurance broking and AGM administration, “but there is also a lot more for HOA directors to do now in order to stay fully compliant with the new Community Schemes Ombud Service Act (CSOSA) and we are also able to assist with all of this,” he says.
Other KZN estates and sectional title schemes currently managed by Trafalgar include The Atrium, Sabuti in the Simbithi Eco Estate and Wakensure Manor. In addition, the Ballito office has a commercial property management division to serve local office, retail and industrial property owners and will shortly be opening a holiday letting division to assist the many owners of vacation properties along this coastline to maximise the value of their investments.
The new Trafalgar office in Ballito is located in Izulu Office Park in Rey’s Place, just off Ballito Drive, and can be contacted on 0861 664444. The portfolio manager is Nic Wessels with his portfolio administrator Charmaine Fairman, overseen by Tracy Roberts and David Schaefer.