Estate Living Magazine Retirement & Healthcare - Issue 31 | Page 28

for a double studio. Pembury has four similar properties in Sandton, Bryanston, Fairland and Magaliesburg. Further north, in Sibaya Coastal Precinct, the apartment option is Shoreline Sibaya, consisting of modern, luxurious single- level sectional title apartments for over-55s in a wheelchair- ‘The Pembury apartments are ideal for the elderly because friendly environment along with a concierge service available they are very safe, assistance is on hand, and meals are to all residents. Once completed, there will be 400 units, with included. Apartment living also enables people to develop a phase one consisting of 223 properties, and occupancy taking social network, an important insurance against dementia, place in early 2019. which is especially prevalent in women, who live longer than men,’ says Heidi Hirner, marketing manager for Pembury. ‘Research shows that more than 70% of retirees now look for a property price point of between R1 million and R2.5 million, so Apartment options are also available now the studio apartments at Shoreline Sibaya at Evergreen Broadacres in Fourways. start at R1.4 million, while one-bedroom KwaZulu-Natal In Umhlanga is a brand new mixed-use development called The Skye, with 183 luxury apartments including a selection of four- and five-bedroom penthouses, and – in its second phase – a hotel and lifestyle It is all about creating the perfect lifestyle living environment into which people can retire." apartments begin at R1.8 million, two bedrooms from R2.4 million and three- bedroom apartments from R4.3 million,’ says Louise Hunt, CEO Hunt PR, PR for Sibaya. ‘There has been a phenomenal take-up of units on this property. Also, because of centre. Prices start at R2.1 million for a the interest in retirement property as an one-bedroom apartment, to just under R10 investment opportunity, the developers million for a four-bedroom penthouse, and have permitted buyers as young as 20 to a significant number of buyers are retirees. buy, but they can only occupy the units once they turn 55,’ says Hunt. The development is spearheaded by hotel mogul Saantha Naidu, CEO of Coastlands Rob Roy Retirement Lifestyle Village in Hotels and Resorts and the SNG Group of Botha’s Hill offers 51 modern apartments, Companies, whose vision for The Skye is to have multiple generations living upstairs Shoreline Sibaya either bedsitters or one- or two-bedroom units, in wings connected to the central and working downstairs, with shopping building – previously the Rob Roy Hotel facilities and restaurants closing the – with all its facilities. Prices range from experiential loop. R750,000 to R2.1 million. Overlooking the Valley of a Thousand Hills, Rob Roy offers ‘It is all about creating the perfect lifestyle apartment living in a country setting. living environment into which people can retire. The Skye will provide families of ‘We’ve just completed the new wing, all ages with a welcoming, child-friendly Inverness, and already s old half of the units environment underpinned by world-class security measures,’ says Naidu. Rob Roy Retirement Village off plan. Both sales and re-sales are robust at Rob Roy,’ says consultant Anne Peddle. Helen Grange Rob Roy Retirement Village 26 | www.estate-living.co.za