ENG1504
Assignment 1 Semester 1 2025
Unique Number:
Due Date: March 2025
QUESTION 1 (4 DIFFERENT ANSWERS PROVIDED)
MINUTES OF THE MEETING
Agenda Item 2.1: Strategies to Return the San Packett Residential Property to its
Original State
The meeting focused on addressing the decline of San Packett Residential Property, which
has seen a 50% drop in revenue over the past three years. The property is in poor
condition, with tenants leaving and little income being generated.
Ms. Louisa opened the discussion, emphasizing the urgency of restoring the property to its
original state. Mr. Donaldson expressed his agreement with the need for action and
encouraged all members to contribute suggestions.
DISCLAIMER & TERMS OF USE
Educational Aid: These study notes are intended to be used as educational resources and should not be seen as a
replacement for individual research, critical analysis, or professional consultation. Students are encouraged to perform
their own research and seek advice from their instructors or academic advisors for specific assignment guidelines.
Personal Responsibility: While every effort has been made to ensure the accuracy and reliability of the information in
these study notes, the seller does not guarantee the completeness or correctness of all content. The buyer is
responsible for verifying the accuracy of the information and exercising their own judgment when applying it to their
assignments.
Academic Integrity: It is essential for students to maintain academic integrity and follow their institution's policies
regarding plagiarism, citation, and referencing. These study notes should be used as learning tools and sources of
inspiration. Any direct reproduction of the content without proper citation and acknowledgment may be considered
academic misconduct.
Limited Liability: The seller shall not be liable for any direct or indirect damages, losses, or consequences arising from
the use of these notes. This includes, but is not limited to, poor academic performance, penalties, or any other negative
consequences resulting from the application or misuse of the information provided.
, For additional support +27 81 278 3372
QUESTION 1 (4 DIFFERENT ANSWERS PROVIDED)
MINUTES OF THE MEETING
Agenda Item 2.1: Strategies to Return the San Packett Residential Property to
its Original State
The meeting focused on addressing the decline of San Packett Residential Property,
which has seen a 50% drop in revenue over the past three years. The property is in
poor condition, with tenants leaving and little income being generated.
Ms. Louisa opened the discussion, emphasizing the urgency of restoring the
property to its original state. Mr. Donaldson expressed his agreement with the need
for action and encouraged all members to contribute suggestions.
Dr. Farai proposed applying for a R2 million bank loan to refurbish the property.
However, Mr. Phenyo cautioned against taking on such a large loan without first
assessing the necessary repairs. He suggested hiring a contractor to inspect the
property and provide a detailed quotation, including materials and labor costs. Dr.
Farai raised concerns about the costs associated with obtaining the quotation.
Ms. Louisa reassured the group that she would personally cover the contractor’s call-
out fee, noting that companies do not typically charge for quotations. Gen Sithole
recommended a specific contractor, Mr. Sadiki, who had recently completed a
successful refurbishment project in the area. The body corporate supported this
suggestion, and it was agreed that the secretary would vet other potential
contractors as well.
Ms. Thembeka outlined the next steps, suggesting that once a contractor was hired
and provided the quotation within three weeks, Ms. Louisa should approach the bank
to apply for a loan. Once the loan was approved, refurbishment could begin. Mr.
Boyza raised concerns about the tenants remaining in the building during the
refurbishment, suggesting that they be given a 30-day notice to vacate. Ms. Louisa
proposed a gentler approach, recommending negotiations with tenants to allow time
for the renovations.
Assignment 1 Semester 1 2025
Unique Number:
Due Date: March 2025
QUESTION 1 (4 DIFFERENT ANSWERS PROVIDED)
MINUTES OF THE MEETING
Agenda Item 2.1: Strategies to Return the San Packett Residential Property to its
Original State
The meeting focused on addressing the decline of San Packett Residential Property, which
has seen a 50% drop in revenue over the past three years. The property is in poor
condition, with tenants leaving and little income being generated.
Ms. Louisa opened the discussion, emphasizing the urgency of restoring the property to its
original state. Mr. Donaldson expressed his agreement with the need for action and
encouraged all members to contribute suggestions.
DISCLAIMER & TERMS OF USE
Educational Aid: These study notes are intended to be used as educational resources and should not be seen as a
replacement for individual research, critical analysis, or professional consultation. Students are encouraged to perform
their own research and seek advice from their instructors or academic advisors for specific assignment guidelines.
Personal Responsibility: While every effort has been made to ensure the accuracy and reliability of the information in
these study notes, the seller does not guarantee the completeness or correctness of all content. The buyer is
responsible for verifying the accuracy of the information and exercising their own judgment when applying it to their
assignments.
Academic Integrity: It is essential for students to maintain academic integrity and follow their institution's policies
regarding plagiarism, citation, and referencing. These study notes should be used as learning tools and sources of
inspiration. Any direct reproduction of the content without proper citation and acknowledgment may be considered
academic misconduct.
Limited Liability: The seller shall not be liable for any direct or indirect damages, losses, or consequences arising from
the use of these notes. This includes, but is not limited to, poor academic performance, penalties, or any other negative
consequences resulting from the application or misuse of the information provided.
, For additional support +27 81 278 3372
QUESTION 1 (4 DIFFERENT ANSWERS PROVIDED)
MINUTES OF THE MEETING
Agenda Item 2.1: Strategies to Return the San Packett Residential Property to
its Original State
The meeting focused on addressing the decline of San Packett Residential Property,
which has seen a 50% drop in revenue over the past three years. The property is in
poor condition, with tenants leaving and little income being generated.
Ms. Louisa opened the discussion, emphasizing the urgency of restoring the
property to its original state. Mr. Donaldson expressed his agreement with the need
for action and encouraged all members to contribute suggestions.
Dr. Farai proposed applying for a R2 million bank loan to refurbish the property.
However, Mr. Phenyo cautioned against taking on such a large loan without first
assessing the necessary repairs. He suggested hiring a contractor to inspect the
property and provide a detailed quotation, including materials and labor costs. Dr.
Farai raised concerns about the costs associated with obtaining the quotation.
Ms. Louisa reassured the group that she would personally cover the contractor’s call-
out fee, noting that companies do not typically charge for quotations. Gen Sithole
recommended a specific contractor, Mr. Sadiki, who had recently completed a
successful refurbishment project in the area. The body corporate supported this
suggestion, and it was agreed that the secretary would vet other potential
contractors as well.
Ms. Thembeka outlined the next steps, suggesting that once a contractor was hired
and provided the quotation within three weeks, Ms. Louisa should approach the bank
to apply for a loan. Once the loan was approved, refurbishment could begin. Mr.
Boyza raised concerns about the tenants remaining in the building during the
refurbishment, suggesting that they be given a 30-day notice to vacate. Ms. Louisa
proposed a gentler approach, recommending negotiations with tenants to allow time
for the renovations.
