Tuesday, October 20, 2009

Sectionalisation of Everwood

There are positive signs of recovery in the property market and Mc Naught and Company are involved as Conveyancers with the sectionalisation of the Waterfall development of 34 units, known as Everwood Estate.

The units are being put onto the market for the first time, although the development was completed several years ago and the units were rented out.

Undertaking a conversion to sectional title is something we at Mc Naught and Co specialise in from the initial options to purchase which have to be sent out to the existing tenants, to holding the tenants' meeting, preparation of the sale and information documents, attending at the development launch and handiling both the opening of the sectional register as well as the transfers of the property from the owner's name to the purchasers and the registration of the new bonds.

Prices range from R795 000 to R1 090 000 and can be bought from the developer directly or through Prime Estates.