Young at heart en­joy life

An up­mar­ket re­tire­ment de­vel­op­ment has bought new mean­ing to the con­cept of tak­ing it easy. Lea Jacobs takes a look at what is on of­fer for ac­tive peo­ple over 50

Business Day - Home Front - - HOMEFRONT -

WHEN Hill­crest on the out­skirts of Dur­ban, was founded back in 1885 it was touted as a farm­ing or week­end vil­lage. Things have changed some­what and to­day it has been trans­formed into a vi­brant res­i­den­tial area.

Set above Dur­ban, the area of­fers res­i­dents some respite from the hu­mid con­di­tions associated with coastal liv­ing, and al­though it has al­ways been a pop­u­lar spot, sales in the area have been driv­ing de­vel­op­ment since the early 1990s. There are a num­ber of rea­sons for this, in­clud­ing the ex­cel­lent schools in and around the sub­urb that of­fer both pri­vate and state ed­u­ca­tion.

The fact that the re­gion still boasts a vil­lage at­mos­phere re­mains a draw­card and the lat­est sta­tis­tics from the Knowl­edge Fac­tory’s SAPTG in­di­cate that 65 prop­erty trans­fers in both the free­hold and sec­tional ti­tle sec­tor have taken place over the past 12 months. The pre­dom­i­nant price band for a free­stand­ing home ranged from R1,5m to R2m, while the av­er­age price paid for a sec­tional ti­tle unit was be­tween R1m and R2m.

Le Do­maine, an es­tate in the area for ac­tive over-50s, was voted the best re­tire­ment vil­lage in the Daily News Your Choice competition. It of­fers its older res­i­dents a wealth of sports fa­cil­i­ties, in­clud­ing swim­ming pools (in­door and out­door), ten­nis courts, a bowl­ing green, a gym and a cin­ema. In ad­di­tion, the es­tate of­fers bird­watch­ing and kilo­me­tres of walk­ing, jog­ging or cy­cling through in­dige­nous land­scaped gar­dens and along wa­ter­ways and wet­lands.

Mar­keted by Wake­fields Real Es­tate, the lat­est of­fer­ing of­fers spec­tac­u­lar views over the es­tate’s land­scap­ing and wa­ter­ways.

Priced at R4,2m, this 340m², first floor apart­ment is well de­signed. It has an en­trance por­tico, two lounges — one for­mal — and a sun lounge that opens on to a glass-en­closed pa­tio, a din­ing room and three well-sized bed­rooms, the main en suite with a walk-in dress­ing room. Two of the bed­rooms open onto a pa­tio.

There is a sep­a­rate full bath­room, cloak­room, study, a fully fit­ted kitchen, scullery, linen room, dry­ing yard and dou­ble garage.

The liv­ing ar­eas have fin­ishes from im­ported Traver­tine tiles. The prop­erty is well sit­u­ated, within easy walk­ing dis­tance of Club de Vie and the sports fa­cil­i­ties.

“The con­cept of Le Do­maine, which em­bod­ies fine, healthy liv­ing and longevity, has been one of the most suc­cess­ful in the coun­try, en­sur­ing good de­mand for units and rentals,” says a di­rec­tor of Wake­fields Real Es­tate.

“Since the mid­dle of last year there has been a flurry of sales ac­tiv­ity, par­tic­u­larly around the R1,3m level, and we ex­pect de­mand to rise fur­ther as the es­tate is near­ing com­ple­tion. In all, there are only about 36 units avail­able for sale di­rect from the de­vel­oper.”

He says that the fi­nal vil­lage, Vil­lage Ver­sailles, was launched ear­lier this year and al­ready all its free­stand­ing units have been sold, leav­ing only 24 one and two bed­room apart­ments for sale from the de­vel­oper, with no trans­fer duty. Unit prices range from R754 000 to R1,316m.

“When it comes to ameni­ties Le Do­maine is dif­fi­cult to beat. Club de Vie is one of the finest club­houses in the coun­try. The care cen­tre Soins de Vie is a world­class fa­cil­ity, with well-trained nurs­ing staff that utilise the lat­est Swiss tech­nol­ogy. Res­i­dents also en­joy the lat­est tech­nol­ogy from 24-hour on­line in­ter­net to satel­lite tele­vi­sion and free in­ter­nal phone calls.”

A levy sta­bil­i­sa­tion fund ensures that levies re­main affordable and ma­jor main­te­nance ex­penses are met.

“As an in­vest­ment, Le Do­maine has proved suc­cess­ful and it is ex­pected that the de­vel­op­ment will con­tinue to sell at a pre­mium in years to come,” he says. Price: R4,2m Con­tact: Wake­fields Real Es­tate 031 716 8008

This spacious unit in the Le Do­maine de­vel­op­ment, sit­u­ated in Hill­crest, KwaZulu-Na­tal, of­fers an ex­clu­sive life­style for the over-50s.

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