Welcome to …my place lifestyle retirement suites

This lifestyle development is unique in the middle-income market where there is practically no supply of good quality, affordable retirement accommodation.
While marketing has only just begun, there is already a growing waiting list of potential tenants.


There will eventually be 844 residential suites, each with its own bathroom and kitchenette. …my place lifestyle at Stellendale Village will be introduced in 4 phases, commencing with the first phase, Northbank One, of 88 suites.


The developer, Visual International Holdings, will retain ownership of, and manage, the communal facilities - e.g. dining areas, lounges, medical support and care facilities.


…my place lifestyle at Stellendale Village is focused on:

  • The needs and abilities of senior people in the middle- and upper-middle income groups
  • Older people scaling down wanting security and lifestyle
  • Providing affordable, modern retirement living for older people working within a very tight budget

For the investor, …my place lifestyle offers:

  • A good return on investment via rental income stream as well as capital growth
  • Total ongoing property and tenant management solution offered by The Visual Property Club
  • An enhanced nett return via tax savings for qualifying investors, utilising Article 13
    of the Income Tax Act
  • A turnkey property investment

For more information visit the …my place lifestyle website: www.myplacelifestyle.co.za


Potential tenants please contact:

Marelize van Rooyen
Cell: +27 (0)82 440 0030
Send shortcode 'Retire' to 33750
Fax: 086 248 7754
myplace@retirementvillagessa.com


Download prices here »

Download specifications here »

Features

  • Controlled-access village
  • Fully secured perimeter
  • DStv enabled
  • Internet/Intranet connectivity coming soon
  • Generous open spaces
  • Near the Zevenwacht Shopping Centre
  • Next to proposed Integrated Rapid Transport route
  • Well situated for major transport routes
  • Easy access to colleges and universities

Monthly costs

These are projected costs only and are subject to change without notice.


Investors:

Levy inc. insurance: R400
Rates and taxes: R100 – R120
Agents collection fee between 6% and 10% depending on service required
Rentals management fee: 6%


Tenants:

Mandatory monthly costs for 25 meals, laundry and cleaning:
Single occupancy: R1,500
Dual occupancy: R2,500

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