Residential Sectional Title Scheme

King's Palace

We've never said no to any challenge. However, to rescue this body corporate is not going to be easy and will take all of our resources for the next couple of months. It doesn't mean that the owners bought a  "bad investment". What has happened here is the neglect of maintenance and lack of management over a period of 40 years!

This didn't happen overnight. This happened over a period of time and now the costs to repair the building will unfortunately cost double the amount as no maintenance has been done for a very long period.

We're currently busy assisting the body corporate to get both their financial matters and maintenance plan in place. We're going from zero to hero with this complex! Look at what we are able to do within only a few months ....
Location:
Langenhovenpark
Units:
14
Year Built:
1983
Managed:
Since October 2023
Complex maintenance is not optional and must be implemented by the trustees

Maintenance

We'll Start From Scratch

As little to no maintenance has been done over the years, the body corporate has reached a point where most of the paint needs to be completely removed, and water damage is visible on all the walls of the building. 

This is not going to be a "quick fix" and will take a considerable amount of time and resources to repair this building.

Finances

No Budget? No Problem!

It was shocking to learn that the financial situation of the body corporate was not as desired.  One of the first steps was to set up a new budget and allocate funds for much-needed maintenance work.

The first couple of weeks of take-over is always the hardest as one has to pay all the monthly bills, but also spend as much time as possible to fix the exterior of the building and attend to security issues as well.

With a passionate team on your side, anything is possible! Did we mention that the complex is now debt free? How well is your body corporate being managed?

Managing agents that care - Louis Property Management
Complex maintenance is not optional and must be implemented by the trustees

Our Maintenance Team

Action Speaks Louder ...

Within only 7 weeks, we managed to get rid of all steel structures that showed signs of rust. We applied window putty, painted window sills, repaired paving, garden gates, installed a CCTV camera and the list goes on ...


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