Residential Estate Industry Journal REIJ 7 ARC Journal 2021 REIJ Vol 7 | Page 32

ESTATE REVIEW

Building up beautiful

BANKENVELD

A tale of managing two estates
Situated on the northwest bank of the Witbank Dam is the charming Bankenveld . The dam is one of the largest municipal dams in the southern hemisphere , as well as one of the cleanest , and forms an integral part of this unique , yet thoroughly relaxing estate . The estate was first conceptualised in 1998 , and the first home built in 2001 . There is an exciting range of properties , including waterfront homes , freestanding homes further inland , and fashionable townhouses .
TALE OF TWO ESTATES Few people realise that there are two estates within Bankenveld : a golf estate , which is still under development , and Bankenveld , a residential eco-estate , which is fully developed . There are no physical boundaries separating the two , but they are managed separately by two governing bodies .
In 2018 , Sioban Coughlan took over the management of both estates . She has vast experience in this field , having managed the eco-estate for the past nine years . However , even with this experience , there were a few challenges ahead . Siobhan ’ s goal was to align the two estates ; she had to convince the board that it was possible without going over budget , and utilising the smaller team that the golf estate employed .
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