Steyn City Carisbrook Estate
A stronger trend is to have a separate retirement village within the same estate development , and this is the idea behind Waterfall Hills and Waterfall Valley Mature Lifestyle Estates , adjacent to the Waterfall Country Estate , between Kyalami and Sandton in Midrand .
‘ Carisbrooke is a very good investment , as this estate has everything – wellness centre , restaurant , pub , hair salon , billiard room , tennis and squash courts , gym , heated swimming pool , and a doctor ’ s consulting room ,’ says sales agent Chic Berkhout .
It offers a mix of freestanding houses ranging from one to three bedrooms , and one- and two-bedroom apartments with the usual facilities expected of a top lifestyle estate – golfing , sports , walking trails , gym with full-size lap pool , coffee shop , restaurant , movie theatre , hairdresser and health spa . Residents have permanent on-site nursing staff who provide services in their homes , or – if necessary – refer them to the fully equipped frail care facility located at Waterfall Hills .
Prices for a two-bed apartment in Waterfall Hills start at around R2.2 million , and a two-bed house , around R3.2 million , while a three-bed , two-bathroom house sells for around R4.8 million . In Waterfall Valley , prices start at R3.2 million for a one-bed unit , and around R5 million for a three-bed unit . ‘ These two estates are for over-50s , but quite a few of their younger families are living in Waterfall lifestyle estate , so the extended family is within the wider Waterfall estate ,’ says Corlea Reuter , sales agent for Jawitz .
Other estates are more of a hybrid of retirees and investorowned units that are rented out to people over 50 . A good example is Carisbrooke Estate in Benoni North on the East Rand , an elegant estate with 78 apartments and 20 two-bed townhouses , priced from R800,000 to R1.9 million .
Similarly , the Riversands Retirement Village / Lifestyle Estate in Heidelberg , which has a frail care facility on site , is attracting investment buyers and retirees . ‘ The entry level for a sectional title unit is R1.2 million , so it is very accessible to investment buyers and retirees , and you have all the amenities you need – schools , shops , hospitals and medical centres – very close by ,’ says sales manager Nellie van Staden .
KwaZulu-Natal
Situated within the bustling Kindlewood Estate in Umhlanga , Mount Edgecombe Retirement Village ( MERV ) offers active retirees an unsurpassed lifestyle with extensive 24 / 7 security and beautifully designed , spacious single-level homes , as well as access to convenient and comprehensive healthcare . Prices here range between R2.5 million and R4.5 million .
Alongside all the amenities in Kindlewood Estate , is a variety of healthcare services including assisted living , a frail care centre , and a dedicated dementia facility . Nurses are on call 24 / 7 to provide either emergency first aid or routine care either at the healthcare facility or in the residents ’ own homes . All homes are equipped with state-of-the-art emergency calling systems . www . estate-living . co . za | 17