Residential Estate Industry Journal | Page 22

THE INDUSTRY PAGE 22 RETIREMENT ESTATE Helderberg Location Helderberg Village is an upmarket retirement village located on the slopes of the Helderberg Mountains in Somerset West, approximately 45 minutes outside Cape Town. Situated in close proximity to the N2 highway, the estate is within easy reach of numerous wine estates in landowner, Nico Koch, still remains a resident of Helderberg Village. Homes Today, there are 720 dwelling units, including one, two and three bedroom cottages and 37 one and two bedroom apartments on this fully Stellenbosch, beaches and local shopping malls. developed estate, housing 1200 residents. A History 70% of which are rented out unfurnished, while Helderberg Village has been in operation for over 28 years and was the brainchild of a visionary entrepreneurial Cape Town attorney, Barry BurtonBarbour. Following his apparent success with the development of the Silvermine Retirement Village in Noordhoek for the Association of Retired and Pensioners, Burton-Barbour purchased the Shemara farm from Nico Koch and began developing Helderberg Village in 1986. hundred and forty of the homes are rented, 30% are rented out fully furnished. Residents Residents of the village come from all walks of life and all parts of the world. Villagers must be 50+ and have undergone a successful medical interview. The estate attracts many ex-captains of industry. Facilities and Amenities The growth of Helderberg Village has since There is a 70-bed on-site healthcare centre been phenomenal, with additional land being that has been extended on three occasions purchased in order to meet increasing demand. by the association using its own funds and The village originally began as a share block includes 15 assisted living bedsitter apartments scheme, but, as the development grew, this has attached to the centre. This facility provides now shifted to sectional title and the original professional sub-acute and frailcare as well