WatchProp

WatchProp is based in Cape Town and provides comprehensive property management services. We also have a dedicated team of property brokers to source tenants for our property owners and seek out attractive commercial and industrial acquisitions for our clientele. Our services have been extended to include collective acquisitions through syndications and we provide the necessary expertise through affiliated professionals to set up the legal entities and assist with arranging finance from leading financial institutions.

Properties under management include suburban shopping centres, office blocks, industrial premises, blocks of residential flats, single residential units and the management of commercial and residential sectional title properties.

Commercial / Industrial Sales and Leasing

Should you be looking for an investment property or premises for your own use, we have a number of prime properties recorded in our database that may well suit your needs and requirements. Our expertise encompasses industrial, commercial and retail property, as well as blocks of flats and vacant land.

If you are interested in selling your property, we have qualified buyers who have mandated us to source both investment opportunities and properties for their own use. Please contact our sales team who will be able to assist you in valuing and marketing your property.

Our letting consultants operate throughout the peninsula, dealing in all types of commercial and industrial properties. Contact them to discuss the letting of your property, and for guidance in setting a market-related rental.

Residential Management and Letting

Looking for a residence to rent? - look no further.

At WatchProp we have a history spanning many years and are one of the leading property administration firms in Cape Town.

Our aim is to ensure that you find a home to rent and move into, that suits your needs, and that the process is as uncomplicated as is possible.

For Landlords and Property Investors, we make certain that your property is leased to the ideal tenant, who qualifies through an effective screening process, geared to safeguard your rental income and investment. Our state of the art property program ensures accurate accounting records, the issuing of monthly rent statements to tenants, collection of rentals, payment of expenses, and the production of monthly cash flows and rent statements for landlords.

Our property inspectors check and ensure that the properties are properly maintained, both internally, when tenancies change, and externally, by reporting on the general condition of the property on a regular basis.

Click on “Property Search” to view some of the properties on offer in our portfolio.

Commercial and Industrial Property Management

WatchProp manages a varied commercial and industrial property portfolio consisting of office premises, industrial space, small shopping centres and sectional title units .

We use the MDA property services software, which allows for the integration of all aspects of the property as well as the accounting. The software allows good controls of the portfolio and is an efficient reporting tool. Our service consists of

• Rent collection

• Recovery of utilities and other expenses

• Account payments

• Vat returns

• Lease management and liaison with tenants

• Handling tenant queries, negotiating lease renewals

• Marketing the property on our website, and in the press and circulating all vacancies to many other brokerage firms

• Managing all service contracts

• Site visits, dealing with contractors, managing property staff

• Reporting to owners monthly by circulating rent rolls, cash flows, arrear rental reports and other financial reports . Sectional Title Management

Our sectional title division is continually expanding, and is stimulated by positive outcomes and comments from the market place.

The company manages a large range of sectional title schemes including, commercial, industrial and residential properties in the Cape Peninsula.

WatchProp provides a complete management service including not only the insuring of buildings, paying all accounts and expenses, levy collections, overseeing the maintenance of common property, organizing meetings, notices, and minute book records, to name a few, but also the regular assessment of the financial performance to budget via our state of the art modern accounting systems.

We have experienced staff with an in-depth knowledge of sectional title legislation, as well as practical hands on management skills.

Our experience and knowledge base helps us ensure that your Body Corporate is well managed, which indirectly also affects the value of your investment.