Kellaprince Property Group, Kellaprince Properties Nelspruit cc Kellaprince Property Group, Kellaprince Properties Nelspruit cc


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Shop 78, The Crossing Shopping Centre, Nelspruit

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Residential Property To Rent

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About Kellaprince Property Group, Kellaprince Properties Nelspruit cc

_ *HISTORY IN THE ESTATE AGENCY BUSINESS*_ _ *:*_

Kellaprince Properties was established in 1986 through the merging of F T Kellar & Co and Princeton Rock Properties, competing Real Estate Agencies in Barberton, Mpumalanga. The name “Kellaprince” was derived from the “Kella” in F T Kellar & co, and the “Prince” in Princeton Rock Properties. The original owners of Kellaprince were Keith Kellar, Navarre de Villers and Sally Muntingh. The pedigree of the company however stretches back 100 years to 1887, when F T Kellar & Co was formed by Keith’s grandfather, who established the first Estate Agency in the lowveld as well as operating as Property Valuers and Auctioneers. Keith Kellar (third generation) is still one of the current owners of Kellaprince. Kellaprince opened in Nelspruit in 1990, with Joan Campbell as a partner. Navarre de Villiers and Joan Campbell subsequently sold their shares to Keith Kellar in 1997, when Eric Todd then purchased a 50% shareholding in the company. Kellaprince moved to the Village Shopping Centre in 2000, where they are still situated. Eric Todd retired in 2007 and sold his shares to Colin Potgieter and Coral Niemand, previously key employees of Kellaprince. Coral sold her shares in 2009 to Derek Todd. Charlotte Snyman was employed as Sales manager in 2008. The current owners of Kellaprince are Keith Kellar, Colin Potgieter, Charlotte Snyman and Derek Todd.

_ *VISION*_ :

“To provide service excellence in all spheres of the property industry. To serve the industry by building lasting relationships with Buyers, Sellers, Tenants, Investors, Developers and Property Professionals, and to maintain and strengthen our position as leaders in the provision of residential and commercial accommodation in Nelspruit. To professionally manage property with unmatched skill and dedication.”

_ *WHO WE ARE*_ :

The shareholders in Kellaprince Properties are Keith Kellar, Colin Potgieter, Charlotte Snyman and Derek Todd. Their combined management and entrepreneurial skills has made Kellaprince one of the top brands in the residential and commercial market in Nelspruit. Keith has been involved in property all his life, specialising in commercial development. Colin, Charlotte and Derek have rich experience in the many fields of the property business and management. Charlotte is the residential sales manager. Colin, previously the Manager of I & J in Nelspruit for 12 years, handles commercial property maintenance, and Derek is the financial manager, having gained huge experience at SA Breweries and as Operations Manager at Value Logistics SA.

_ *THE STRENGTHS OF KELLAPRINCE LIES IN THEIR PEOPLE:*_

The Kellaprince style of management is based on Christian philosophy, and the growth and success of their employees and agents is paramount.

Kellaprince pride themselves on keeping their staff for many years, due to an office environment which operates on the principles of mutual respect, inter-dependence and a consultative style of management. There are staff members who have been with the company for as long as 18 years, and many in excess of 10 years.

The premises of Kellaprince are always kept in tip-top condition, and a complete refurbishment and upgrade was completed during 2011.

DEVELOPMENTAL ACHIEVEMENTS:

Kellaprince are proud of substantial commercial and residential developments in Nelspruit on behalf of various investment syndicates. Over the past 20 years some R400 Million worth of successful developments have been visualised, designed, financed and developed, namely;

Riverside Estate – 80 Residential Sectional Title units at Riverside Value R26,000,000

Valley Projects – 27 Upmarket Residential Properties Valie R38,000,000

Auto and Retail Centre at Riverside Value R51,000,000

Industrial Development for Saffer & Co in Rocky Drift Value R15,000,000

Prime Corner Development with Tiger Wheel, & Others Value R44,000,000

Office Block - Kellaprince House Value R 7,000,000

Office Block - Southern Life House Value R 6,500,000

“The Village” Neighbourhood Shopping Centre Value R36,000,000

New building for Nedbank (Boland Bank) Value R17,000,000

Office Block for PQ Africa - Village Value R10,000,000

Office Block for ITI Computers – 44 Marloth Street Value R 8,000,000

Office Block for CTI Computers – Murray Corner Value R 8,000,000

Mopani Building – Nelspruit Crossing Value R 18,600,000

Macrovest – Riverside Industrial Value R 20,000,000

Stinkhout Corner – Home of Nelspruit Caravans Value R 10,500,000

Rapid Corner – Riverside Industrial Park Value R 24,600,000

Commercial Corner – Old Union Motors Value R 34,000,000

Residential Developments Sold by Kellaprince:

Riverside Estates - Developer & sole marketing agents 80 units

Riverside Gardens Phase 1 & 2 sole marketing agents 52 units

Yardley Village - sole marketing agents 50 units

Pine Acres – sole marketing agents 32 units

Glentana – sole marketing agents 15 units

Valley View Estate – developers and sole marketing agents 27 units

The Village Square Apartments – sole marketing agents 27 units

The above have all been financed by careful borrowing, with syndicates of private investors providing the necessary equity, thus giving the smaller private investor an opportunity to invest in commercial property which otherwise would not have been possible. There are on-going developments, and investors are welcome to visit Keith or Colin for further details. The returns from privately held and managed commercial property are substantial, with nett growth on investment ranging from 15% and more.

The Kellaprince residential division have also marketed and sold out the very successful “Riverside Estate” Sectional Title Development, comprising 80 lovely units in a secure walled-in environment. The up-market “Victorian Style” residential development “Valley View” with its stunning views was sold out ! Riverside Gardens opposite the Botanical Gardens comprising 57 units was sold out during 2005, and the 27 unit Village Square Luxury Apartments was sold out in 2006.

_ *SERVICES - OUR BUILDING BLOCKS*_ :

Kellaprince’s services are built on five blocks :

  • Commercial Property Development

  • Commercial Property & Facilities Management

Commercial Sales & Letting
  • Residential Sales

  • Residential Letting

Commercial Property Development:

The development of Commercial and Industrial property financed through a careful blend of borrowing and private investment to give maximum returns to private property investors, and at the same time providing prime premises for national and well qualified tenants. Over the past 20 years Kellaprince have established excellent relationships with the major national groups in South Africa, and our mission is un-rivalled on-going service to this industry. Kellaprince has the Slogan “If suitable premises are not available, we’ll build them!!”

In 2009 KPP (Kellaprince Property Projects (Pty) Ltd) was formed, which is an independent property development and investment company managed by Kellaprince Properties, with an independent board of directors to ratify all major investment decisions. Most property developments are channelled through this company which has become a major player in the commercial property field in the Nelspruit region and elsewhere.

The above services are handled by Keith Kellar, Colin Potgieter and Derek Todd.

Commercial Property & Facilities Management:

Management goes hand in glove with property development and ownership, and the on-going management of property assets is vital to its future value, to both investors and tenants. Kellaprince has built up a proven track record in this field and currently manage over R250 million rands worth of prime commercial property in Mpumalanga. The updating and re-valuation of properties features high on our priorities. “We take the hassle out of property ownership” by providing the full range of services which includes letting, rental collection, cleaning services, security, maintenance, collection of municipal services, meter reading, and payment of municipal accounts. The above services handled by Colin and Derek.

Commercial Sales & Letting:

Kellaprince offer a full range of commercial properties for sale and to let, as well as businesses for sale, which have to be viable before being accepted. Kellaprince have a wealth of experience in the letting of commercial properties, and understand the importance and value of well-written detailed leases, which are handled “in-house”. The maintenance of commercial properties is crucial to their effective lifespan, and in this respect Kellaprince invest a huge amount of time and effort in budgeting for preventative maintenance to keep their properties in tip-top condition. Colin Potgieter is responsible for this function.

Kellaprince acquired the services of Amanda de Lange in 2011, a highly experienced commercial property broker, who has added great value to this company through her contacts and networking with other leading property brokers in South Africa.

Residential Sales:

A wide range of residential properties (Town Houses, Apartments, Suburban Houses) are always available for sale or rental. The updating and re-valuations of properties features very highly on our priority list. Ability, Excellence, Professionalism and Results describe our competent agents, who feel personally responsible to each buyer and seller. They are totally committed to providing a professional service to meet the clients needs, and assisting them in accomplishing their goals.

Our real estate experience is extensive and goes back some 21 years in Nelspruit. Our business is as much about people as it is about properties. It is not just selling Real Estate, but also caring about finding the right residence for the right person or family at the right time at the right price. Kellaprince is the oldest and most well established Estate Agency in Nelspruit. This department this headed up by Charlotte Snyman, the residential Sales Manager of Kellaprince.

Residential Letting:

The Residential Letting Department of Kellaprince Properties is by far the largest in Nelspruit, with a team of 6 experienced and competent employees. Kellaprince have some 500 residential properties in their rental portfolio, and are therefore able to always offer new properties becoming available. Due to excellent management systems, tenants and landlords are assured of service excellence. This department is managed by the highly experienced team of Grant and Courtney Campbell.

_ *PROSPECT*_ S:

As we enter 2012, we are confident that with our proven track record, coupled with exciting new developments, operational excellence and our unwavering focus on our clients needs, we are very optimistic that we will have a very profitable trading year.

The residential market is still depressed, but is showing good signs of improvement and Kellaprince believe that service and fully qualified agents will become more and more significant in the market place. In addition to this a well-maintained user-friendly web-site is crucial with more and more people using the web.

On the commercial market front some large industrial developments are planned for the Riverside precinct, which will become landmarks in the area. KPP have acquired some 29,000m² of commercial land which will be developed over the next few years. This will enable us to offer upmarket commercial premises at the best possible addresses to potential tenants in addition to our normal letting and sales functions.

Regarding the rental market, Kellaprince are leaders in this field with some 500 properties in our portfolio with the capacity for future growth. Once again service to both landlords and tenants will dictate success. As the purchasing of properties becomes more difficult, this market is set to grow substantially.

_ *WHERE WE ARE*_ :

Kellaprince operate in the dynamic city of Nelspruit, Capital of Mpumalanga, which is on the Maputo Corridor.

Kellaprince’s offices are in the “Village Shopping Centre” in Ehmke street, Nelspruit. We are thus well positioned to offer our extensive range of services to YOU, THE CONSUMER.