Estate Living Magazine Invest SA - Issue 45 September 2019 | Page 32

P R O P E R T Y & I N V E S T M E N T SOMETIMES WE NEED A LITTLE HELP... There comes a time in everyone’s life when simple day-to-day tasks become overwhelming and difficult to deal with; when confidence levels start to wane, and cooking becomes a frightful chore. Thankfully, most retirement estates offer a wide variety of assisted-living options – just what you need when that helping hand is required. Assisted living offers the best of both worlds for people who want to retain a certain degree of independence but need ongoing help with some daily activities and personal care. Here are a few options. The St James Retirement Hotel This historic hotel is in Cape Town, in the picturesque suburb of St James on the False Bay coast. Residents can stroll across the road to the St James beach, enjoy a dip in the tidal pool, or just soak up the sun on one of the conveniently placed benches – and during the winter months watch the whales frolicking in the bay. There are extensive lounge areas, a library, conservatory and conference room where regular talks and shows are hosted. Accommodation: The St James offers both independent- and assisted-living options on a life-right basis. Accommodation consists of 51 suites in the main building, as well as eight simplexes, two villas and two cottages. The levies cover laundry, housekeeping, and three meals a day, including special diets. Meals not required are deducted from the levy. Assisted-living services: A professional nurse and trained medical team are always available for primary healthcare needs, and, for those needing daily assistance, their mid-care package offers a daily carer t o t ake care of dressing, bathing, taking to the dining room or fetching meals for a 12-hour period. Should more care be required then a move to the 14-bed frail care facility would be required. Size: Room sizes vary from approximately 24 square metres for a single room to 38 square metres for a bigger, sea-view room. Ownership model: Shareblock purchases from R1.3 million to R2.2 million, levies R10,200 to R12,500. Some rentals are available at R18,000 for single suites, and R20,000 for double. The extra monthly levy for a second person sharing is R4,392. stjameshotel.co.za