Waters Edge is jointly managed by a Home Owners Association and a Body Corporate. The two organisations are represented by Directors and Trustees respectively, who are elected by the unit owners at an Annual General Meeting. The Directors and Trustees are assisted by George Rennie & Co., which is the nominated managing agent.
Waters Edge is made up of both full-title and sectional-title properties. The Home Owners Association represents all units in the estate, both full-title and sectional-title, while the Body Corporate looks after only the sectional-title properties.
The Home Owners levy covers the costs of facilities that all units in the estate enjoy, such as twenty-four hour security, grounds-keeping, and maintenance of common property. Everyone needs to contribute towards this fund, because it benefits everyone equally.
The Body Corporate levy covers the additional costs that only apply to sectional-title units, like refuse collection, water and sewerage, structural insurance, unit painting, and so on. (Full-title units have to pay these types of expenses directly to their service provider — they aren’t covered by the Waters Edge levy.) This is why the Body Corporate levy is more expensive than the Home Owners levy. Only sectional-title units pay the Body Corporate levy, as it only covers sectional-title expenses.
The total extent of the Estate is approximately 5 ha.
Residents should always first attempt to resolve any disputes amicably between themselves. If residents cannot resolve a situation between themselves, then they may contact the Managing Agents for assistance.
The Estate is enclosed with a security wall, supported with an electric fence and motion-sensor beams. The entrance/exit is manned twenty-four hours a day, and the security guards patrol within the Estate.
The Estate’s Aesthetics Policy is designed to ensure that all units remain visually appealing, as an unsightly property will impact the values of surrounding properties. All owners (both full-title and sectional-title) agreed to adhere to the Aesthetics Policy when purchasing their unit, as it is both a condition on the Deed of Sale, and covered by the rules that were signed when requesting permission to transfer.
The Estate includes a 14,000 square metre private lake, adjacent to the Benoni Sandpan. Access to this lake will be made available through the path between Units 24 and 25. However, the gate is currently locked permanently, until a secure method of access-control can be installed. Providing keys to residents would make it all too easy for someone to leave the gate open, providing an easy entrance for criminals. Over the past two years, the Association has spent R 50,000 paving the path to the gate. We are currently installing a turn-stile that can provide secure access to and from the area. In the meantime, we ask for your patient understanding that we cannot provide the key to anyone, as this poses a security risk to all.
This page provides a list of questions frequently asked by Waters Edge residents, and the associated answers. It is intended to help new and existing residents form a better understanding of how Waters Edge works.
Please read through this page to check your question hasn’tt already been answered, before asking the Managing Agent.