Estate Living Magazine Invest SA - Issue 45 September 2019 | Page 28

P R O P E R T Y & I N V E S T M E N T MANAGING MARINA MARTINIQUE FOR ITS COMMUNITY Which processes, procedures, and best practices keep a successful older estate at the top of its game? Marina Martinique – a unique Cape-Caribbean-style estate consisting of 384 residential stands and 475 units in group housing developments – is built around a lake and seven kilometres of constructed canals that lie three metres above sea level, and whose water is pumped in from, and flows back into, the ocean. Community Given its beachside position bordering the resort town of Jeffreys Bay, and its age (construction on the first phase having started in 1990, and on the second in late 2003), the estate is both a home for permanent residents and a playground for holidaymakers from elsewhere. Johan said that the large number of group housing units presents the biggest problem when it comes to short-term lets, which are managed by individual owners, and marketed through platforms like Airbnb and booking.com. These factors – and the usual considerations like the maintenance and provision of security and bulk services, and the requirements for sound financial management – present the homeowners association with an unusual set of challenges that demand unusual solutions. Marina Martinique’s HOA is a Section 21 company that owns the entire infrastructure of the estate, including the roads and the canals. ‘Holding the owners accountable seems to be the best solution, but the diversity of people who live here, and who visit the estate, brings with it its own set of problems: in particular, how do you communicate with everybody in a way that makes sense to each of them?’ ‘We really have two major issues at the moment,’ said Johan Strydom, a semi-retired international management consultant who works from his home in the Marina, and who is currently the vice-chair of the HOA. ‘The first concerns the behaviour of short-term tenants who ignore the rules, for example, when it’s permissible to make a noise, how fast you can drive a boat on the canals or the lake, and so on. And the second is how do we build a community in an estate that caters for everybody?’ Short-term solutions include the use of formal messaging services like SMS and email, as well as more informal platforms like two different WhatsApp groups – one for general, social communication (special offers at the Marina Wharf restaurant, an invitation to an event that’s open to all, items for sale, etc.), and one for the serious issues of estate information (water management, electricity shut-downs, refuse collection, and so on). But, said Johan, the longer-term, more permanent solution will happen – and has begun to happen – organically. It will become embedded