Broadway is one of the taller buildings in Braamfontein.
Exciting news, the building has just had wireless internet installed. The tenants will be able to buy bandwidth and surf the net from the comfort of their rooms for a lot less than it would cost to go to an internet cafe. This is great for the marketability of the building and will make finding tenants that little bit easier.
Building maintenance is being attended to now through the winter; there have been some waterproofing item that are being fixed. One of the lifts needed a part from overseas and was out of action for 2 weeks.
The owner rate and taxes are quite a big problem. The units are being still being billed at commercial rate and not residential. We have made the necessary arrangements to assist any owners that need help getting the correct rates billed.
The most common repair problems that we deal with:-
· Built-in-cupboard wheels need replacing
· Handles for built-in-cupboards being bent or broken
· Sink mixers working loose
· Shower door wheels coming off
· Shower trays leaking
Generally, all the units that are managed by us are looking fine and complaints from tenants are attended to as soon as possible this give us great repor. There is still demand for units around Braamfontein and we are already fielding enquiries for next year accommodation.
Our goals for the next few months are to make sure the tenants are happy, units are well maintained and a vast return in investment can be realised.
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