The Directors and their associates of 16 West Hertford Development Proprietary Limited have been operating for a number of years and together, have accumulated vast management and development expertise.
A number of successful residential projects completed by the developer and their associates, include, inter alia:

• • Eclipse: 15 Sectional Title townhouses in Bryanston
  • Hurlingham Gate: 29 Sectional Title apartments in Hurlingham
  • Hurlingham Close: 18 upmarket Sectional Title houses in Hurlingham
  • One On Highland: 16 Sectional Title units in Bryanston.

MWC Architects celebrated its 40th year of practice in 2022 since its inception as Cooper and Messaris in 1982. MWC is a multi-faceted practice today, having diversified into all spheres of architecture from residential to hospitality, commercial, industrial and infrastructural projects in South Africa and abroad.
The practice has designed and completed over 75000 residential units. These range from upmarket stand-alone units to high rise apartment buildings, town house and cluster units to social and affordable housing. Recently completed residential projects include:

• • The Median in Rosebank
  • The Apex on Smuts in Rosebank
  • The Alec in Hillbrow
  • Riverside Mews in Morningside
  • Marquette in Ferndale
  • 1 Iris Road in Morningside
  • 25 on French in Morningside

1. MVW Consulting Engineers – Civil and structural engineering
2. Attwell Malherbe Associates – Urban planning
3. Tonkin Clacey Inc – Legal and conveyancing
4. Coppered Cotton – Interior design
5. Eksteen and Le Roux – Electrical engineers
6. Kevin Melhuish – Professional land surveyor
7. Specialized Fire Technology – Fire engineers

(**Click on the name to view their website)

You will be required to sign two agreements, one agreement for the sale of vacant land and a second for the building of your unit.

5.1 A 10% deposit is payable by you within 7 days of signature

5.2  Your deposit will be held by Attorneys Tonkin Clacey Inc in an interest-bearing money market account

5.3  Should you require a loan, you will be required to furnish an approval in principle from a registered bank within 45 days of signature

5.4  You will be required to deliver guarantees equal to the balance of the purchase price to the conveyancers within 14 days of receipt of written notice from the conveyancers

5.5  No Transfer Duty is payable. Transfer costs and conveyancing fees plus VAT are payable in accordance with the conveyancing tariff

5.6  The Section 34(5) and building plans, handled by the architect, would need to be approved by the relevant Government body

The Seller has taken transfer of the land and at this juncture the project will be going ahead. Construction is to commence on all sold units, where land has been transferred into the purchaser’s name.

Transfer of the vacant land will be effected by the conveyancers as soon as possible after –

7.1  The fulfilment of any suspensive conditions by you – for example your bond approval

7.2  Your deposit has been paid

7.3  Your balance of the purchase price has been secured for the stand and building

7.4  You have signed all relevant documents and paid the costs of transfer

7.5  The seller has fulfilled all suspensive conditions, including the conditions imposed by the relevant Government Body

In selling the land to you, the seller is acting in the ordinary course of its business. If the purchaser is a natural person, or a legal entity with an annual turnover or asset value of less than R2 million, then the Consumer Protection Act will apply to this agreement.

The contract price will be payable by way of interim draws as follows –

9.1. Up to plinth height -15% of contract price
9.1. Up to wall plate height -35% of contract price
9.1. Up to roof covering -50% of contract price
9.1. Floor screeds -65% of contract price
9.1. Sanitary fittings positioned -80% of contract price
9.1. Building complete for occupation -100% of contract price

Or as per individual bank’s requirements

Construction will begin only once –

10.1  the property has been registered into your name

10.2  the mortgage bond has been registered over the property and you have ceded to the contractor, the right to receive payment from your bank

10.3  possession has been given to the contractor

10.4  all plans and other approvals by the local authority have been obtained

The date of completion of your unit will be a mutually agreed date that the building is completed and ready for occupation, which date shall be 11 months after building has commenced.

The seller will be entitled to reasonable extensions prior to and during construction that arise out of circumstances which make it temporarily impossible for construction to proceed. For example – the pandemic.
12.1.1 A persistent delay for an uninterrupted period of 3 months will entitled you and/or the seller to cancel the agreement, after giving 4 weeks written notice.

13.1  Specifications and finishes have been set out under Annexure A of the building agreement

13.2  Should you elect to include any of the optional extras on offer, the purchase price shall automatically be increased by the total value of any optional extras selected

13.3  Any variation to finishes over and above standard finishes and optional extras will need to be agreed to between the seller and you. All variations will need to be paid for upfront, prior to the seller commencing work relating to these variations

14.1  Within one month of the date of completion, you are entitled to advise the contractor in writing of any material faults or defects in the building arising from defective materials or workmanship

14.2  The contractor is obliged, within a reasonable time of receiving such advice from you, to make good such faults or defects

14.3  During the six months period following the date of completion, the contractor is obliged to carry out repairs or make replacements as may be necessary to eliminate roof leakages or other latent defects

From date of transfer – R1 147.00 per month, broken down as follows:

15.1  Basic Levy – R755.00

15.2  Maintenance reserve – R392.00

Levies will also cover municipal charges for common areas during the construction period

You will be responsible for costs relating to –

• • Bond registration fees

  • Financial institution’s admin and valuation fees

  • Financial institution’s interest

  • Water connection fees

  • Electric cable connection fees

  • Water consumer deposit

  • Electrical consumer deposit