Estate Living September 2016 Digital Issue | Page 43

LIFESTYLE REEN BROADACRES Village Broadacres already comprises 130 completed homes. The last few of these brand new, spacious three bedroomed homes with double garages, set in beautiful landscaped gardens, are available for sale. Still to be completed is the Lifestyle Centre, where construction has already commenced, as well as a number of luxury two and three bedroomed apartments. Once completed the village will have more than 200 units, which augurs well for levy economics. Evergreen’s policy is not to profit from levies, but to keep levies affordable as this is in the interests of the developer and life-right holders. “Evergreen Broadacres village offers a life-right purchase model that complies with the Housing Development Schemes for Retired Persons Act, No 65 of 1988, providing residents with security of tenure for life,” explains Arthur. “Life rights represent the only retirement model where the interests of the developer and those of the resident are so closely aligned. Artist Impression - Lifestyle Centre 41 RETIREMENT LIVING from obligations and gives them the time to enjoy clubs, special interest groups and an active social life from day one.”