THE INDUSTRY
by the association as provided for in the
Won The Worldwide Best Retirement Village
award
and
are
proud
winners
of
The
International Property Award for Africa in
2013.
Helderberg Village is built on a firm foundation
of four essential pillars: an enriched lifestyle,
superb healthcare, formidable security and
financial sustainability.
eight
facilities are valued collectively for insurance
holder) automatically becomes a member
purposes at close to R 2 billion. A 25%
of the association and is subject to the
capital contribution levy is payable on the
sale or transfer of dwelling units.
village bodies corporate and the developer’s
conditions. Nominated occupiers of a dwelling
unit owned by a juristic person, tenants,
residents occupying a room in the healthcare
centre, as well as the spouses and partners
The estate employs a complement of 257
these,
levies are charged at R 18.75 per m². The
owner (sectional title owner or share block
the management and conduct rules of the
Estate Operation
Of
of the residents being foreigners. Monthly
regulations of the Sectional Titles Act. Every
provisions of the association’s constitution,
Awards
staff.
PAGE 24
are
departmental
management and support the CEO, who, in
turn, reports to a board of directors. The
HOA is set up and registered as a non-profit
company (NPC) and the board of directors,
which is a non-executive board, comprises
seven directors, who are all owners of
who are not owners or holders in their own
right, are not entitled to membership of the
association, but have certain entrenched
rights in terms of the constitution.
Security
The estate takes security extremely seriously
with
approximately
3000
people
visiting
property on the estate.
the village over holiday periods. A recently
Management communicates with residents via
security upgrade means that each property
completed R 22 million state of the art
weekly snippets and monthly management
updates and a newsletter. The Estate Living
Publication keeps residents up-to-date with
developments within the estate community at
large. Village circulars are sent as and when
needed.
Despite
is fitted with a panic and intruder alarm, as
well as a smoke detector. A well-furnished
control
room
screens
real-time
footage
from 109 high definition and thermal sensor
cameras and on-site armed response officers
and a mobile medical team provide aroundthe-clock on-the-ground monitoring, whilst an
being
a
sectional
title
scheme,
Helderberg Village is unique in its structure
in that the village comprises five bodies
corporate, with a share block company owning
a number of sections in the original body
corporate. In order to bring all the bodies
corporate and the share block company
under a single management structure with a
common constitution and rules, the Helderberg
Village Master Homeowners’ Association NPC,
a non-profit company, was established in
terms of the Companies Act. The bodies
corporate and share block company are
assigned their functions, powers and duties
additional five kilometres of electric wiring
keeps intruders out. Every staff member and
all external contractors are fingerprinted and
only after examining their criminal history are
they cleared for entry.
Village
remains
Contact
Vagn Nielsen
Finance and Investment
Helderberg
The association’s finances
are stable, with more than
adequate cash reserves in
the bank to stabilise the
levy, meet the cost of asset
replacements and/or to
finance improvements and
extensions to the community
facilities. Helderberg is the
only large estate in SA that
has not had a levy increase
for the past three years.
an
extremely
viable investment option. Apartments of no
less than R 1.2 million in value and 37m²
and the 240m² free-standing homes provide
spacious accommodation and are valued at
anything up to R 10 million. Ownership is
not limited to a domestic clientele, with 25%
Chief Executive Officer
021 855 8300
[email protected]
www.helderbergvillage.org.za