Estate Living Magazine Retirement & Healthcare - Issue 31 | Page 27

The Quadrant is located within a mixed-use complex consisting of apartments , consulting offices and retail space , which includes an Italian restaurant , coffee shop , hairdresser , massage spa , wellness centre , gymnasium and a 25-metre indoor pool as well as the Claremont public library . A 19-bed Care Centre is also on site , available for those who require 24-hour nursing .
‘ Several of the apartments in The Quadrant Gardens were already sold before launch ( in May ) and we expect that , given the limited availability of urban retirement options in the southern suburbs , these units will be in very high demand ,’ says Bev Bloch , manager of the Pam Golding Properties southern suburbs retirement sales team .
Another great mixed-use development in the city is The Yacht Club , the iconic Amdec Group development in the Roggebaai Canal precinct just outside the V & A Waterfront , attracting over-50s either as investors or as residents .
Like One on Whiteley at Melrose Arch in Johannesburg , the 170-apartment Yacht Club features the same state-of-the-art security and offers , as an additional perk , connectivity to the V & A Waterfront and CBD via water taxi or pedestrian walkway . All apartments are currently sold out .
‘ There is a clear demand in the mature market for these types of developments . It ’ s about a lifestyle that offers safety , security , convenience and , ultimately , freedom ,’ says Amdec Property Developments MD Nicholas Stopforth , who himself lived in an apartment in Melrose Arch before relocating to Cape Town .
Harbour
Bay Village
Essentially , it ’ s about downscaling – and freeing up equity from selling a bigger home – to enjoy an easier lifestyle and community benefits in a safe environment "
Harbour
Bay Village
Simon ’ s Town ’ s Harbour Bay Village , which launches in 2020 , is an exceptional One on Whiteley apartment development targeted solely at retirees . It offers luxury apartments – priced from R1.6 million to R6.7 million – with retail , restaurants and a medical facility all within a short walk .
‘ This is the first mixed-use development of its kind in the country , with a hospital and shopping centre in the precinct , as well as spectacular views . We ’ ve already sold 14 units , and a further 22 are reserved , so we are doing well ,’ says sales executive Amanda Stocks .
The Village , within the Langebaan Country Estate up the West Coast , is taking shape . When completed it will offer one- and two-bedroom courtyard apartments as life right investments . The Village will have all the expected amenities – clubhouse , restaurant / bar , hairdresser , laundry , library , coffee shop and function room – as well as optional assisted living facilities .
Gauteng
Similarly , in Johannesburg , the ‘ live , work , play ’ lifestyle that apartment developments offer to a mature market is the strongest drawcard .
With units selling from R2.1 million , One on Whiteley , a 241-apartment block currently under development within the Melrose Arch precinct , is also exceeding expectations in the mature investor market , for the same reasons .
‘ The biggest attraction for both buyers and renters here is the security – you even feel safe if you don ’ t lock the front door . You can also walk to wherever you want to in an enclosed and secure environment . You can walk home late at night from a restaurant and feel completely safe . That is a primary concern among all buyers , especially mature buyers or retirees ,’ says Peet Strauss , sales manager of the Melrose Arch branch of Pam Golding Properties .
Nearby is Pembury Melrose , an elegant retired lifestyle apartment building . The apartments are offered on a rental basis and are fully serviced , including meals , housekeeping and laundry . Prices start at R23,220 per month for a studio , to R31,860 per month
www . estate-living . co . za | 25