Property Services

Property Services


property 202

Property Brokerage Services

  • Negotiating leases, renewals and preparing documentation
  • Effecting creditworthiness checks; Experian, TPN and ITC
  • Bank references checked
  • Previous Landlord’s references obtained
  • Extensive national database of retail, office and industrial premises, including Institutional property information
  • Sourcing of tenants
  • Sale of income-producing properties to investors and owner-occupiers

 

Investment Property Management Services

Cenprop effects the following services on behalf of clients:

Management of all classes of commercial property, including:

  • Collection of rentals and ancillary charges from tenants
  • Exercising of reasonable credit control in respect of all amounts owed
  • Engaging, discharging and controlling of staff employed in the managed property on behalf of the Owner
  • Inspection of properties from time to time; submission of condition reports to the Owner
  • Payment of salaries, with attendant Government, Provincial and/or Local Authority requirements in respect of such employment
  • Arranging repairs and general maintenance of the buildings as required in consultation with the Owner
  • Payment of approved expenses which occur in the administration of the property;
  • Recovery of the cost of repairs or replacements necessary from a tenant who has damaged leased property
  • Submission of rent rolls and financial statements to the Property Owner on a monthly basis
  • Depositing residual rentals into the Property Owner’s nominated Bank account

 

Managed Portfolio Size, Geographic Spread and Make Up

The GLA of the managed portfolio is in excess 260 000m² which is spread nationally including properties the main urban areas as well as less accessible areas such as:  Upington, Phalaborwa, Hluhluwe, Esikhawini and Welkom. The managed portfolio is evenly divided between retail and office with a small percentage of industrial properties

 

Secretarial and Accounting Services Offered

  • VAT and Tax returns
  • Monthly or quarterly and annual financial statements
  • Directors, special or general meetings
  • Full company secretarial services: notices, minutes, share registers and other company formalities