New Zonnezicht Retirement Village for Durbanville

New Zonnezicht Retirement Village for Durbanville

Artist’s impression of a kitchen in one of the units at Zonnezicht Retirement Village in Durbanville.

As people are living longer and are downsizing at an earlier age, the typical old age home has been overshadowed by a new style of retirement living that encourages an active lifestyle in a secure and convivial environment.

Residential retirement developments, such as the Zonnezicht Retirement Village in Durbanville, allow for independent living but also include medical facilities and communal recreational activities.

“Conveniently located on Koeberg Road near Durbanville’s business centre and a Mediclinic, Zonnezicht will offer a combination of one and two-bedroom units, as well as 28 assisted living units in the second phase. When both phases are completed, there will be a total of 229 apartments of up to 60 m2 in size, many with views of the Winelands,” says Estelle Laäs of Pam Golding Properties in Durbanville, the agency marketing Zonnezicht.

“With baby boomers living up to 25 years longer than their parents, there is considerable interest in luxury retirement accommodation that offers residents independent living with the option of onsite medical care if needed,” she says.

“This contemporary retirement development meets older buyers’ growing need for upmarket accommodation and an unfettered lifestyle. It is also suitable for mature travellers wanting lock-up-and-go homes that require little maintenance.”

Laäs says there is a shortage of retirement accommodation in Cape Town and Zonnezicht is the ideal investment opportunity for families looking for accommodation for their parents or for buyers wanting to plan ahead for their own future retirement.

Zonnezicht’s residents have access to communal recreational areas of the clubhouse, including the gym, swimming pool and library, as well as an on-site hairdresser and beauty salon. Lifts lead down to 102 basement parking bays and all apartments – priced from R2.189 million including VAT – will have appliances, curtains and blinds and LED televisions. Residents will also be able to use the Wi-Fi hotspot in the clubhouse.

According to FNB Property research for the third quarter of 2017, 26% of all home buyers were estimated to be those who were selling their properties due to their life stage. Many choose to replace their larger homes with a lock-up-and-go alternative that is more manageable once their children have moved out. Residents are able to move into Zonnezicht from the age of 50, so they can take full advantage of the many benefits this development has to offer, says Laäs.

“As the shortage of suitable retirement accommodation continues to increase, retirement developments such as Zonnezicht offer excellent investment opportunities,” says Annien Borg, Pam Golding Properties area manager for the Boland.

“There is always a waiting list for retirement villages, so demand for units such as these remains strong and the potential for capital growth is significant.”

Construction is already under way on this two-phase development and occupation is expected from May 2018. The developer, Anton Mulder Construction, says the village is well-placed in an established neighbourhood that offers easy access to medical facilities, shops and is just a short drive from Cape Town and surrounding towns.

Mulder has 35 years’ experience in the residential, commercial property, hotel and lifestyle estate markets, and says it was a natural progression to add retirement lifestyle living to this offering.

“The company believes in simple but significant design, and in quality workmanship. We are committed to the principles of sustainable business and we strive to balance the social, environmental and economic aspects of what we do”, says Mulder.