New approach in sectional title developments

Bringing sectional title experts in during the planning stage of Park Lane, a new sectional title office park in Pinelands, has paid handsome dividends for the developer.

Park Lane, which consists of two double storeys and one triple storey office block, is strategically situated just off the N2 highway next to the Vincent Pallotti Hospital.

Intersect Sectional Title Administrators, a subsidiary of Spire Property Group, were awarded the management contract and brought in right up front at the planning stage.

Martin Bester, regional manager for Intersect, explains that being appointed from so early on in the life of Park Lane is an unorthodox approach but one that greatly benefited the developer, who is situated in Johannesburg, as well as the newly formed body corporate.

“Intersect were involved in the development of Park Lane from plan to completion, working in conjunction with the surveyors, engineers, project managers, tenants and the developer to ensure that everything went according to plan.”

“Additionally we were instrumental in setting up the body corporate using Intersect’s years of knowledge and experience in the industry to pre-empt and anticipate potential problems and provide advice on what to expect going forward”

Bester advises that this approach allowed for easier transition once the development was completed and the tenants were in place.  “Intersect acted as an administrator for the development from the beginning which further ensured that all went according to plan.”

“Park Lane is a desirable new sectional title office park.  The development is centrally located and has been built to exacting standards.  Intersect are pleased to be managing this exciting contract and look forward to a long mutually beneficial relationship with the owner and tenants alike,” concludes Bester.