Web Ref JRL29234
R877,250
Monthly Bond Repayment R8,758.28
Calculated over 20 years at 10.5% with no deposit.
Change Assumptions
Calculate Affordability | Calculate Bond & Transfer Costs | Currency Converter
Monthly Levy
R9,720
R9,720
1 Bedroom Life Rights
Exclusive Life Rights Residence for Seniors – Secure & Comfortable Living
This unique life rights residence offers a secure and enriching environment for seniors seeking independent living with the added benefit of guaranteed access to frailcare services when needed.
Key Features:
Fixed Purchase Price: The life rights purchase is R877,500, with an additional R19,101 in attorney fees (Herbie Oosthuizen Attorneys), totaling R896,601. The purchase price remains fixed, regardless of how long the resident occupies the unit.
Resale & Financial Return: Upon resale, 80% of the original purchase price is repaid to the buyer or their estate, plus 12.75% of the net profit from the new sale. The resale price is determined at current market value, with an annual escalation applied.
Comprehensive Monthly Levy: The monthly service fee covers all essential services and escalates annually (April 1) to account for inflation, service costs, and rising food prices.
Direct & Immediate Access to Frailcare: This is the only way to bypass the extensive waiting list (over 300 names) and secure immediate access to our exclusive 16-room frailcare ward, where each room includes a private en-suite bathroom— a rare feature compared to most facilities where bathrooms are shared.
Quality of Life & Community Benefits:
Safe & Supportive Environment: The residence provides a secure setting that offers peace of mind to both residents and their families.
Social Engagement: Enjoy access to a communal lounge, library, and dining room, fostering a socially active and fulfilling lifestyle.
The monthly levy roughly includes the following and escalates annually on April 1:
Lunch every day of the week (additional meals can be ordered, prepared in the apartment’s kitchenette, or ordered from the kitchen)
Apartment cleaning once a week
Daily garbage removal
24-hour access to medical assistance
Panic button
Assistance with medication administration
Laundry service
Pastoral care
Security
Social program
Water and electricity
DSTV package
Medical Evaluation & Care: Prospective buyers undergo a medical evaluation to ensure they are independent and do not require 24/7 frailcare at the time of purchase.
Monthly Levy: R9,720 per person (or R16,500 per couple)
This residence is ideal for independent seniors who value comfort, security, and future medical assurance.
For inquiries or to schedule a viewing, feel free to reach out.
This unique life rights residence offers a secure and enriching environment for seniors seeking independent living with the added benefit of guaranteed access to frailcare services when needed.
Key Features:
Fixed Purchase Price: The life rights purchase is R877,500, with an additional R19,101 in attorney fees (Herbie Oosthuizen Attorneys), totaling R896,601. The purchase price remains fixed, regardless of how long the resident occupies the unit.
Resale & Financial Return: Upon resale, 80% of the original purchase price is repaid to the buyer or their estate, plus 12.75% of the net profit from the new sale. The resale price is determined at current market value, with an annual escalation applied.
Comprehensive Monthly Levy: The monthly service fee covers all essential services and escalates annually (April 1) to account for inflation, service costs, and rising food prices.
Direct & Immediate Access to Frailcare: This is the only way to bypass the extensive waiting list (over 300 names) and secure immediate access to our exclusive 16-room frailcare ward, where each room includes a private en-suite bathroom— a rare feature compared to most facilities where bathrooms are shared.
Quality of Life & Community Benefits:
Safe & Supportive Environment: The residence provides a secure setting that offers peace of mind to both residents and their families.
Social Engagement: Enjoy access to a communal lounge, library, and dining room, fostering a socially active and fulfilling lifestyle.
The monthly levy roughly includes the following and escalates annually on April 1:
Lunch every day of the week (additional meals can be ordered, prepared in the apartment’s kitchenette, or ordered from the kitchen)
Apartment cleaning once a week
Daily garbage removal
24-hour access to medical assistance
Panic button
Assistance with medication administration
Laundry service
Pastoral care
Security
Social program
Water and electricity
DSTV package
Medical Evaluation & Care: Prospective buyers undergo a medical evaluation to ensure they are independent and do not require 24/7 frailcare at the time of purchase.
Monthly Levy: R9,720 per person (or R16,500 per couple)
This residence is ideal for independent seniors who value comfort, security, and future medical assurance.
For inquiries or to schedule a viewing, feel free to reach out.
Features
Pets Allowed
No
Interior
Bedrooms
1
Bathrooms
1
Kitchen
1
Furnished
No
Exterior
Security
Yes
Pool
No
Sizes
Floor Size
24.80m²
Land Size
13,000m²
STREET MAP
STREET VIEW
