Estate Living Magazine Retirement & Healthcare - Issue 31 | Page 9

Developers plan to phase out sugar farming and re-establish the coastal forest, grassland and wetlands that were there before." to R2.5 million for a three-bedroom freestanding home, while a two-bedroom maisonette can go for between R1.5 million and R2.2 million. The apartments, when released, are expected to come to market at approximately R1 million and above. Some sites have beautiful sea views and – obviously – go for a somewhat higher price. But purchase costs are not everything, and it is important that levies be kept to a minimum on retirement estates. To this end, the levy rate is carefully set, and 20% of profits from reselling homes goes into a levy stabilisation fund. With 60 homes completed and occupied, and a further 30 under construction, there is already a mix of tenants aged between 50 and 80 – from the with external service provider TruCare, is supplemented by region and upcountry. home-based care. When completed, the community centre will also include a dining area and coffee shop as well as a As with most developments, there are strict architectural convenience store, hairdresser, laundry area, guest rooms, guidelines, and a neutral outdoor palette to blend in with the and transport services to the nearby town. There is fibre and environment. The houses offer a good indoor-outdoor flow DSTV connection direct to all homes. with plenty of glass to take advantage of natural light and the lovely views. Facilities On the activities front, there is a gym, swimming pool and numerous walking and cycling trails, and tennis courts, a bowling green and a croquet lawn are planned. The bird- Facilities already in place include a ladies’ bar, library, post watching is great, and many residents have joined together office, chapel and healthcare centre. The small temporary to form a bird-watching club. The estate is dog-friendly, with healthcare facility, which is provided through a partnership residents of some units being allowed one or two small dogs, www.estate-living.co.za | 7