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THERE’S A WHOLE NEWWORLD IN HERE!
THERE’S A WHOLE NEWWORLD IN HERE!
02 03ENJOY AN ACTIVE LIFESTYLE
Experienced Developer
Welcome Home!
Perfect Locality
Enjoy Nature on Your Doorstep
Lifestyle Centre
Village 1 Site Development Plan
Village 2 Site Development Plan
24-Hour Frail-care Services
Security
Affordable Levies and Maintenance
Effective Management
Connectivity
EDGE Registration and Certification
Choose Your Home
Purchasing Process
Sound Investment
Questions and Answers
04
05
06
09
11
14
16
18
18
21
22
22
23
25
30
32
34
LIVE LUXURIOUSLYIN AN UPMARKET, SECURE RETIREMENT ESTATE
04 05ENJOY AN ACTIVE LIFESTYLE
EXPERIENCED DEVELOPERIN THE RACE WITH A GOOD JOCKEY
Central Developments has a proven track record when it comes to the development of retirement estates and lifestyle solutions. With thirteen retirement estates throughout Gauteng, comprising more than 5000 units successfully completed since 2010, we have fi rmly established ourselves as the market leader in this sector. With every retirement estate we developed, we guaranteed and delivered a fully operational lifestyle centre and frail-care facility in the fi rst phase of the development. This ensures real peace of
mind for every investor and owner who buys a retirement home from Central Developments. Celebration Retirement Estate follows in these footsteps with well-planned facilities and excellent service delivery. We constantly aim to improve our product, so with each new development the lessons learnt from the previous ones, are applied. This ensures a retirement development catering for all your needs with unique facilities and unparalleled quality. We pride ourselves in creating beautiful, comfortable and safe retirement homes
WELCOME HOME!SECURE RESIDENTIAL, LIFESTYLEAND FRAIL-CARE FACILITY
Just a few years ago the site where Celebration Retirement Estate is situated now, was a humble peach farm. Today the majestic development is home to hundreds of happy, active over-50s enjoying the beautiful views, facilities, houses and apartments off ered by this luxurious retirement estate in the heart of Johannesburg’s northern suburbs.
With the fi rst village complete and the second village busy taking shape, Celebration Retirement Estate will ultimately comprise 976 houses and apartments. Residents are spoiled for choice with 15 diff erent fl oorplans – from 1-bed, 1-bath apartments to 3-bed, 2-bath houses – and a variety of beautiful fi nishes to choose from. We also have rental options available should you prefer to rent rather than buy a property.
The expansive grounds border on a protected green area with a walkway off ering residents ample opportunities to enjoy nature and take in the lovely scenery. But the nucleus of the estate is the fully operational lifestyle centre where residents congregate, and a true sense of community is cultivated.
If you are looking for an active, social and comfortable retirement lifestyle, but also for the peace of mind that 24-hour security and medical care services are available on site, then Celebration Retirement Estate is the place where you should spend your silver years!
TWEERIVIERE RREETTIIRREERREETTIIRREEMMEENNTT VVIILLLLAAGGEEAA AAFFTTRREEEE--OOOORRDD MONTANA, PRETORIA
WITKOPPEN RD
WILLIAM
NICO
L DR
MALIBONGW
E DR
MAL
IBO
NG
WE
DR
MALIBO
NGWE DR
CEDAR RD
CHRI
STIA
AN D
E W
ET R
D
JACKAL CREEKGOLF ESTATE
EAGLE CANYONCOUNTRY CLUB
FOURWAYSMALL
MONTECASINO
NORTHGATESHOPPING
CENTRE
LIFE WILGEHEUWELHOSPITAL
NETCAREOLIVEDALEHOSPITAL
OLIVEDALE
JHB NORTH
NORTH RIDING
TICKETPRODOME
BEYERS NAUDE DR
AUREOLE AVE
N1
N1
N14
The map is a representation and not created at scale
OLIEVENHOUT AVE
NORTHUM
BERL
AND A
VE
WE AREHERE
06 07ENJOY AN ACTIVE LIFESTYLE
PERFECT LOCALITYLOCAL ATTRACTIONS ARE A STONE’S THROW AWAY
Celebration Retirement Estate is conveniently situated 35 minutes from OR Tambo International Airport and 20 minutes from Lanseria International Airport and Sandton’s CBD. The iconic Ticketpro Dome, which is within walking distance from the development, has been voted the number one concert venue in South Africa for over 10 years. It is also an exceptionally versatile venue for all sorts of events and functions. Easy access to all major routes, including Malibongwe Drive, Witkoppen and the N1 and N14 highways, makes traveling a breeze. For the person with an appetite for shopping,
the newly improved and upgraded Northgate Shopping Centre is also within walking distance. For those who still enjoy an active outdoor lifestyle, you are 10 to 15 minutes from all the major golf and sports clubs including the Bryanston Country Club and Randburg Bowls Club. Don’t forget about Montecasino, also only 15 minutes away, with its exclusive Italian feel off ering more entertainment and fi ne dining. Medical facilities on your doorstep include the Life Wilgeheuwel Hospital, Olivedale Clinic and Life Fourways Hospital within 10 to 15 minutes from Celebration.
2.3km4.3km4.7km9.3km
4.8km4.8km
4.1km5.7km9.9km10.1km6.8km
0.5km4.0km4.6km5.8km9.8km10.1km
4.6km5.4km
10.8km
18.2km31.2km
11.0km18.2km
CHURCHES• The Catholic Church of St John• St Mark’s Anglican Church• Geref. Kerk Randburg• New Life Family Church
SPORTS CLUBS• Randburg Bowls Club• Bryanston Sports Club
GOLF COURSES• Eagle Canyon Country Club• Jackal Creek Golf Club• Fourways Golf Park• Bryanston Country Club• Randburg Golf Club
SHOPPING CENTRES• Northgate Shopping Centre• Bel Air Shopping Centre• All Saints Shopping Centre• Northriding Square• Fourways Mall• Cresta Shopping Center
HOSPITALS• Netcare Olivedale Hospital• Life Wilgeheuwel Hospital• Life Fourways Hospital
AIRPORTS• Lanseria International Airport• OR Tambo International Airport
CASINOS• Montecasino• Silverstar Casino
WITHIN A STONE’S THROW
08 09ENJOY AN ACTIVE LIFESTYLE
ENJOY NATUREON YOURDOORSTEPThe Highveld climate with its fantastic summers and mild winters lends itself to enjoying the outdoors and at Celebration residents can do exactly that.
The development includes a 2.7ha protected green space. Walkways leading to resting stops and viewpoints along the way, give residents the opportunity to enjoy the variety of natural features including grassland, wetland and rocky granite outcrops where a variety of insects, bird life, small mammals and reptiles can be found.
10 11ENJOY AN ACTIVE LIFESTYLE
LIFESTYLE CENTREWHERE COMMUNITY AND CONVENIENCEIS KEY
The lifestyle centre is the heartbeat of the estate. It’s a place of entertainment, socialising and support. As with all our retirement estates, we pride ourselves on providing a fully operational lifestyle centre and frail-care facility from the first day residents move in.
AMENITIES INCLUDE:Dining room, hair and beauty salon, heated indoor swimming pool, library, convenience store, recreation hall for bingo nights, entertainment, church services, exhibitions and conferences, postbox, doctors’ consulting rooms, shuttle bus services, laundry room and elevator access to all levels. The entire estate, including homes and apartments has wheelchair access.
HEATED INDOOR SWIMMING POOL LOUNGE AND LIBRARY
COFFEE SHOPHAIR SALON
DINING AREA
LifestyleCentre
Restaurant and Coffee Shop
24-HourSecurity
Communal Lounge and Library
24-HourFrail Care
GamesRoom
Hair andBeauty Salon
ShuttleService
Heated Indoor Swimming Pool
GreenWalkway
12 13ENJOY AN ACTIVE LIFESTYLE
FIND YOUR FREEDOM, WITHOUT LEAVING YOUR HOMETHERE’S A WHOLENEW WORLD IN HERE!
Environ-mentallySensitiveArea
ROA
D T
O V
ILLA
GE
2
Environ-mentallySensitive
Village 2
ROA
D T
O V
ILLA
GE
2
653C
1633H
1653H
1262F
1202F
1182F
1243H
1223H
802H
753H
902H
373D
113D
403E
943C
963G
643E
633E
352F
332F36
3H
153E
143E
243E
273E
503E
1313E
163C
193B
173C
183C
1562A
1542A
1663G
1453G
093C
772H
972E
032A
023A
202E
123E
1643C
1323C
1583C
1112E
1082E
1072E
1292A
1303A
952E
1102A
1093A
473B
312A
303A
522A
513A
533A
542A
1343D
1363D
012G
062h
483A
492A
1143A115
2A
1133A112
2A
693A
673A
603A
623A
422A
413A
292A
283A
563A58
3A
572E
552E61
2E592E
262A
253A
232E
222E
APARTMENTS
A
B
C
D
992A
1012A
1032A
1052A
982G
1573A
1593A
1172G
1192G
1212G
1232G
1332E
1352E
1412E
1432E
102F
083D
822H84
2H862H88
2H
912G
892G
852G87
2G
832G
812E
792E
742G70
2G722G66
2G682G
072E
1502E
1522E
1532F
1552H
1492H
1512F
1273H
1282H
1383G
1403G
1423D
1443D
1023G
1003G
1163C
1253C
1463C
1473C
733A
713A
783C
1373C
1393C
1043G
1063D
1483C
1603C
1613C
1623C
EMERGENCY GATE
053D
DELIVERIES
GARDEN
APARTMENTS
APARTMENTS
APARTMENTS
FRAIL CARE GARDEN
LIFESTYLE CENTREFRAIL-CARE
SERV
BL
MAINENTRANCE
043C
132A
213A
443D
453A
463A
392A
383A
342E
322E
433B
NO
RTH
UM
BERL
AN
D A
VEN
UE
14 15ENJOY AN ACTIVE LIFESTYLE
TWO-BEDROOM HOUSES
THREE-BEDROOM HOUSES
GENERAL LEGEND
with single garages and covered patios
with two bathrooms and covered patio
2A - Single Bathroom
3A - Single Garage
Service Centre, Frail-care Unit and Apartments
3D - Double Garage
2E - Two Bathrooms
3B - Double Garage
Apartments
3E - Double Garage
3G - Double Garage
2F - Two Bathrooms
3C - Double Garage
Garages
3F - Double Garage
3H - Single Garage
2G - Two Bathroomswith Double Garage
2H - Two Bathroomswith Double Garage
SITE DEVELOPMENT PLANVILLAGE 1
7 0 + 1 9 + ( 8 )
8 8 + 1 9 + ( 1 1 )
-
-
-
-
-
-
-
-
-
-
-
-
-
=
=
97m²
118m²
8 8 + 1 9 + ( 1 1 ) = 118m²
88+37+ ( 1 1 ) = 136m²
88+37+ ( 1 1 ) = 136m²
9 1 + 1 9 + ( 1 1 ) = 121m²
99+37+(13) = 149m²
115+37+(13) = 165m²
115+37+(13) = 165m²
138+37+(15) = 190m²
138+37+(15) = 190m²
94+37+ ( 1 1 ) = 142m²
9 4 + 1 9 + ( 1 1 ) = 124m²
1782F
2583A
APARTMENTS
STORMWATER A
TTENUATION
VA
LLEY
RO
AD
SERV
BL
RECREATION CENTRE
Environ-mentallySensitiveArea
3692E
3672E
3662E
3652E
3822E
3812E
4493F
4503F
4513F
4313F
4333G
4353G
4253C
4003C
3993C
3983C
4013D
4263D 438
2E
3872G
3862G
4022G
4042G
3852E
3553F
3563G
4273G
4283A
3723G
3073C
3893C
4403C
4423C
4433C
3713C
3733C
3753C
3763C
4233C
4453B
2832E285
2E2872E
1683B
1693B
1703B
1713B
1793D
1913D
2153D
2233D
2253D
2263D
2373D
2543D
2523D
2943E
2923E
2893E
2723C
2733C
2743C
2753C
2782E
2532G
2552E
3332E 334
2E
2563A
1933B
1843B
1883C
1923C
2203C
2353C
2273C
2293C
2383E
2393E
2453E
2173B
2193H
3053H
2363H233
3H
2463H
1892G
2423G
2163F APARTMENTS
APARTMENTS
APARTMENTS
2283C
56 CARPORTS
30 CARPORTS
48 CARPORTS
42 CARPORTS
35 CARPORTS
3702G
4242B
4202B
1723C
1673C
3103B
3113B
1822E
3382A339
2A
3422A343
2A
3462A347
2A
3502A351
2A
3442A 345
2A
3543C
3352G 336
2G
3373C
3592G
3582G
3572A
2762G
2772G
2973C
2883C
2322A
2302A
2442B
3062E301
2E
3162G
3172E
3182E
3192G
1942F
2022H198
2H
1773H181
3D
2312B
2342B
2183C221
3B2223B
2032G201
2G1992G197
2G1952E
2113G
2093G
2073G
2042E208
2E2132E
2993H
3003D
3033D
2792E281
2E
2693G
2653G268
2B2672B
2572E
2592E
2602E
2612E
2622E
2632E
3772A
3802A
3792A
3782A
3612B
3622B
3843D
2833D
3913B
3932E
4442G
4463B
4413G
4302G
4322G
4342G
4362G
4292H
4212G
4192G
4172G
4152G
4132E
4112B
4062E
4103C
4082G396
3G
3883G
3683E
3743B
3952A
3972A
2493C
2513C
3532A
3522A
2433C
2933C
4473C
1763G
1833A
1873A
3123A313
3A
2823A
4483A
4093A
4073A
3903A
3923A
1753B
3203C
2243D
2473C
2483C
1742A
1732B
1852F
1862F
1803E
2022002H
1981962H
1902H
2052F214
2F
2122A
2102A
2062A
2412A
2402B
2503E
2713E
2702F
2642F266
2H
2802H286
2F2842F
2902B
2912A
2962A
2952B
2982F
3022A
3042A
3222B321
2A
3232A
3242B
3252A
3262B
3272A
3282B
3292A
3302B
3312A
3322B
3412A
3402B
3492A
3482B
3602F
3642A
3632B
3942F
4032H
4222H
4052F
4142H
4162F
4182H
4122H
4372H
4392H
3152F
3142F
3082A
3092B
AUREOLE AVENUE
AUREOLE AVENUE
Village 1
NO
RTH
UM
BERL
AND
AVE
NU
E
MAINENTRANCE
E
F
G
H
16 17ENJOY AN ACTIVE LIFESTYLE
TWO-BEDROOM HOUSES
THREE-BEDROOM HOUSES
GENERAL LEGEND
with single garages and covered patios
with two bathrooms and covered patio
2A - Single Bathroom
3A - Single Garage
Service Centre, Frail-care Unit and Apartments
3D - Double Garage
2B - Single Bathroom
3B - Double Garage
Apartments
3E - Double Garage
3G - Double Garage
2E - Two Bathrooms
3C - Double Garage
Garages
3F - Double Garage
3H - Single Garage
2F - Two Bathrooms
2G - Two Bathroomswith Double Garage
2H - Two Bathroomswith Double Garage
SITEDEVELOPMENT PLANVILLAGE 2
-
-
-
-
-
-
-
-
-
-
-
-
-
-
7 6 + 1 9 + ( 1 1 )
7 9 + 1 9 + ( 1 1 )
=
=
106m²
109m²
8 8 + 1 9 + ( 1 1 ) = 118m²
9 3 + 1 9 + ( 1 1 ) = 123m²
88+37+ ( 1 1 ) = 136m²
88+37+ ( 1 1 ) = 136m²
1 9 + 1 9 + ( 1 1 )
100+37+(13)
=
=
121m²
150m²
115+37+(13) = 165m²
115+37+(13) = 165m²
138+37+(15) = 190m²
138+37+(15) = 190m²
94+37+ ( 1 1 ) = 142m²
9 4 + 1 9 + ( 1 1 ) = 124m²
18 19ENJOY AN ACTIVE LIFESTYLE
24-HOUR FRAIL-CARE SERVICESWHERE YOUR HEALTH IS IN EXCELLENT HANDS
Various care options are available to suit your specifi c needs, including sickbed recovery and frail-care services. Specialist staff can assist you to tailor a medical care package that suits your needs. This could include meals being delivered to you, administering daily medication, nurse visitations or full support services.
CELEBRATION RETIREMENTESTATE OFFERS:• A 30-bed frail-care facility with
24-hour per day care
• Basic daily health care services
• Home based care options
• Panic and emergency button response
• Doctors and specialists’ consulting rooms.
OUR FAMILY INCLUDES OUR RESIDENTS, THEIR
FAMILIES, OUR STAFF, VOLUNTEERS AND
VALUED PARTNERS. TOGETHER WE
ARE CELEBRATION RETIREMENT ESTATE.
FRAIL-CARE UNIT
SECURITYHAVE PEACE OF MIND, SECURITY IS ALWAYS ASSURED
Celebration Retirement Estate has implemented state-of-the-art security, to give residents peace of mind and allow them to live in a safe, tranquil environment.
THE PERIMETERThe estate is surrounded by a 2,4m high brick perimeter wall topped with an electric perimeter fence with a battery back-up power supply.
THE GUARDHOUSEVisitor access to the estate is managed through high traffi c boom gates, spike barriers and a license verifi cation reader. The guardhouse is manned by well-trained security personnel and supported by CCTV camera systems.
INSIDE THE ESTATEEach resident has a mobile panic button in case of an emergency which is linked to the frail-care facility and guard house. Security guards patrol the estate 24 hours per day and ensure that the highest level of security is provided.
20 21ENJOY AN ACTIVE LIFESTYLE
AFFORDABLE LEVIES AND MAINTENANCEWHERE LIVING ISMADE EASY
WHAT IS INCLUDED IN THE MONTHLY LEVIES AT CELEBRATION RETIREMENT ESTATE? • Water
• Structure and common property insurance
• Garden services
• Shuttle service twice a week
• 24-Hour security and patrolling guards
• Panic button and emergency assistance
• Basic health care (e.g. blood pressure testing and basic wound care)
• Postbox subscriptions
• Upkeep of common property and external maintenance on houses
• Communal area electricity (e.g. lifestyle centre, street lights, guardhouse and electric fencing).
The levies are affordable compared to other options in the market because your levy is not used to subsidise frail care or kitchen operations. Further energy savings are attained through the use of energy efficient construction methods and materials endorsed by the EDGE ratings initiative. The scale advantage of close to 1000 units in the estate, results in each owner having to contribute less with regards to shared costs. When your unit is sold or undergoes a change of ownership 3.5% of the net sales price is paid into a reserve fund to provide for future escalations or extra unforeseen expenses.
HERE YOU CAN ENJOY PEACE OF MINDAND EXPERIENCE QUALITY OF LIFE
22 23ENJOY AN ACTIVE LIFESTYLE
CONNECTIVITY
EFFECTIVE MANAGEMENT EDGE REGISTRATIONAND CERTIFICATION
TECHNOLOGY IS NOT JUST FOR THE YOUNG!
WE TAKE CARE OF THE REST
ENVIRONMENTALLY FRIENDLY AND ENERGY SAVING DESIGN
Celebration Retirement Estate is accredited and endorsed by the FTTH Council of South Africa as a fi bre-friendly facility.
It off ers Fibre to The Home (FTTH) connection with Vodacom as technology and network partner.
A FIBRE NETWORK SERVICE OFFERS THE FOLLOWING BENEFITS:• Speed - currently up to 100Mbps data
connectivity for internet, voice and streaming.
• Wi-Fi router.
• Full internal communication network at no cost, including service calls and inter-unit communication.
• Activated fi bre network with 10MB line and 25GB data (upgradable to suit individual needs).
• Customised voice and data package choices to suit every individual.
• Voice calls over internet (VOIP) using data at a rate of 30% less than standard communication rates.
Being an estate of such considerable size, Celebration requires expert managing agents to ensure the eff ective day-to-day running of the estate’s facilities and to ensure successful delivery of the many services off ered.CSi Property Management is the estate’s managing agent and is responsible for the appointment and management of all service providers and operators within the estate.CSi Property Management currently manages ten of Central Developments’ retirement estates and has the knowledge and expertise needed to manage upmarket retirement estates of this caliber off ering such a variety of services.
The Green Building Council of South Africa (GBCSA) is the licensed registrar of the EDGE green rating tool in South Africa. EDGE stands for Excellence in Design for Greater Effi ciency and certifi es that resource effi cient technology, products and design were used in the construction of a building.
Celebration is the fi rst retirement estate in Gauteng registered for EDGE certifi cation by the GBCSA. Celebration’s homes are therefore constructed and equipped with environmentally friendly and energy savingtechnology and materials to comply with certifi cation requirements.
Independent tests analysing actual consumer patterns at four similar retirement villages, have shown that a solar water heating system can potentially save the residents of a simplex unit an average of R315.00 and the residents of an apartment R164.00 per month on their electricity consumption (based on R1.85/kWh and a 31 day month). These tests have also shown that it is possible to rely only on solar power for water heating with very little, if any, additional electricity required.
GERRIT BRANDOW, DIRECTOR OVERSEEING THE CELEBRATION PROJECT, SAYS THE FOLLOWING:
“In accordance with research done by the Green Building Council of South Africa an EDGE certifi cation could increase a unit’s value by 11% to 12%. An increase of 5% to 6% in rental rates is also achievable.”
ENERGY• Roof insulation• LED light bulbs• PV thermal solar system
WATER• Aerated/low fl ow shower heads• Aerated/low fl ow taps for kitchen
sinks and wash basins• Dual fl ush water closet systems
EMBODIED ENERGY (MATERIAL)• ECO fl oor slabs• Roof construction - timber rafters with
cement roof tiles• External and internal walls -
combination of clay and cement (lower embodied energy) brick
• Aluminium window frames• Insulation - rockwool with lower
embodied energy
THE FOLLOWING RESOURCE EFFICIENT INTERVENTIONS ARE INCLUDED IN EACH UNIT:
24 25ENJOY AN ACTIVE LIFESTYLE
CHOOSEYOUR HOMEBUILDING STYLE OFLUXURY APARTMENTS
26 27ENJOY AN ACTIVE LIFESTYLE
BUILDING STYLE OFEXCLUSIVE GARDEN COTTAGES
CHOOSE YOUR HOME
INTERESTING FACTCelebration Retirement Estate consists of various villages. Each village has its own identity with regards to colours on plaster, marmoran and face brick.
The proposed colour schemes could change depending on the availability of materials or at the seller’s discretion.
28 29ENJOY AN ACTIVE LIFESTYLE
CHOOSEYOUR HOME
IT’S YOUR CHOICE:LUXURIOUS HOUSE OR A SPACIOUS APARTMENT.
BUILDING STYLEOF SIMPLEX HOUSES
WIDE VARIETY OF FLOORPLANS AVAILABLE
2-BEDROOMSIMPLEX HOUSES
3-BEDROOMSIMPLEX HOUSES
SIMPLEXHOUSE
OPTIONS
GARDENCOTTAGEOPTIONS
2A 106m2
2B 109m2
2A 106m2
2B 109m2
2E 118m2
2F 123m2
2G 136m2
2H 140m2
3A 121m2
3B 150m2
3C/D 165m2
3E/F 190m2
3G 142m2
3H 124m2
1-BEDROOMAPARTMENTS
2-BEDROOMCOTTAGES
2-BEDROOMAPARTMENTS
Note* Apartment blocksare equipped with lifts
APARTMENT OPTIONS
F1A/B 45m2
F1D 48m2
F1E/E+ 61m2 - 63m2
F2A/B 68m2
F2E/F 76m2
30 31ENJOY AN ACTIVE LIFESTYLE
FULL OWNERSHIP VERSUS LIFE RIGHT OWNERSHIPCelebration Retirement Estate offers full ownership and not just life rights like most other retirement developments.• Life rights purchase means there is no actual acquisition of property, but rather a purchase of
the right to live in a specific unit. The ownership of the unit is retained by the developer and is not transferred to the individual, as with full ownership. The basic concept is that an individual pays a sum of money in respect of a specific unit in the scheme and in return they and their spouses receive the right to live in that unit for the remainder of their lives. Upon the passing of one spouse, the surviving spouse may continue to live in the unit until their death or until they sell their right to the unit. The price that is paid is market-related and pre-determined and is often viewed as a lifetime of rental paid in advance. There are thus no transfer or registration fees and your family cannot inherit the property, nor can the resident profit from the unit’s capital growth when it is sold.
• Full ownership means the owner fully owns the unit as well as an undivided share in the common property. This property is registered in the purchaser’s name and can be re-sold at a profit or be left as part of an inheritance.
SELECT YOUR UNITDiscuss your options with your consultant and decide on your ideal unit.
SIGN THE AGREEMENT OF SALEYour consultant will go through the agreement with you and answer any questions you may have.
10% DEPOSIT• A 10% cash deposit has to be paid within 7 days of signing the agreement of sale.
• The conveyancer holds your deposit in a trust account until transfer. Transfer takes place after the unit is completed and ready for occupation and signed off by yourself - the purchaser. The purchaser earns the interest on the deposit until transfer.
BALANCE OF PURCHASE PRICE• In addition to the 10% deposit payable, guarantees for the balance of the purchase
price will have to be provided within 30 days of signing the agreement of sale.
• Units cannot be bought subject to sale of another property.
OPTIONS FOR GUARANTEES• Payment of the full amount into the conveyancer’s trust account. The purchaser earns
interest on those funds until transfer.
• Bank guarantee. Your bank reserves your funds for the purchase and provides a guarantee for the purchase of the unit. As account holder, you continue to earn interest on your funds until they are paid over upon transfer for the purchase of the unit. Please note that your bank could raise monthly charges for guarantees.
• Home loan. An approved home loan by a major bank is regarded as a guarantee by us. Bond installments only start after transfer. If you are unsure whether you will qualify for a bond, our consultants are available to assist and advise.
• Cession. A note is made on one or more of your investments. The intention is that the funds will be used for the purchase of the unit. The money will be drawn from the investment upon transfer. To streamline the purchasing process further, specialist bond originators and attorneys can upon request be arranged on site.
ADDITIONAL DOCUMENTATION REQUIRED FOR LEGAL ENTITIES• For a Trust: trust deed, letter of authority and FICA documents of all the members of
the trust.
• For a Close Corporation (CC): CK1, CK2, resolution and FICA documents of the authorised signatory.
• For a Private Company (Pty (Ltd): CM1, CM2, resolution and FICA documents of the authorised signatory.
• For a home loan application additional documentation will be required when your application is submitted. Please refer to the home loan application form that is available on site.
STANDARD DOCUMENTATION REQUIRED FOR FICA PURPOSES• Copy of ID.
• Proof or residence (e.g. municipal account).
• Proof of income tax number as reflected on SARS correspondence.
• If you are married, please bring your marriage certificate.
• If married in community of property, all of the above is required for both partners.
• If married out of community of property, all of the above is required for both partners if the unit will be registered in both partners’ names.
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PURCHASING PROCESSEASY, SIMPLE AND STRAIGHT FORWARDEasy, transparent steps mean that you as purchasercan secure your unit with the minimum amount of fuss.
32 33ENJOY AN ACTIVE LIFESTYLE
SOUND INVESTMENTYOUR HOME IS YOURFINANCIAL INVESTMENT
There is an insatiable demand for safe, service-enriched retirement solutions. Our retirement estates offer this, as well as expert management, quality finishes and fully operational lifestyle centres from day one. We also guarantee on-site, frail-care facilities. This makes our product very attractive to investors, who benefit from good rental demand and continued capital growth.
Investors of any age can invest in Celebration Retirement Estate. Many return investors have faith in our developments because they have already reaped the benefits of their previous investments in our product.
WHY OURRETIREMENT ESTATES ARE CONSIDEREDTHE INVESTMENTOF CHOICE:
• It is a niche product focussed at a very niche market (strong demand and limited supply).
• It is property with purpose that can be used for generations to come.
• Proven capital growth of an average of 8% p.a.
• Rental assistance and management is available.
• Achievable return on investments of up to 16% p.a.
• Invest now and occupy when you are ready to retire.
• Affordable levies.
34 35ENJOY AN ACTIVE LIFESTYLE
QUESTIONS AND ANSWERSANSWERING ALL YOUR QUESTIONS
Q: AT WHAT AGE CAN I BUY A UNIT?A: Anyone who qualifies can buy a unit. In terms
of SA law a person is considered an adult from the age of 18 and may then buy property from us as investment without parental consent. Investors may, however, only take occupation personally at the age of 50.
Q: MAY I LET MY UNIT?A: Yes, you have the title deed to your unit
and may let it to anybody, as long as the occupant is 50 years or older and adheres to the HOA (Home Owners’ Association) rules and regulations.
Q: WHAT ARE THE INCIDENTAL COSTS INVOLVED TO TAKE TRANSFER OF THE UNIT?
A: Our listed price gives you full transfer and a title deed to the unit. There are NO attorney’s fees or charges involved and NO hidden costs as long as our appointed conveyancer is involved with the bond registration and the transferring process.
Q: SHOULD I WISH TO SELL MY UNIT, DOES AN AMOUNT REVERT TO THE HOA AND MAY I USE MY OWN AGENT?
A: Yes, you may use your own agent, and after paying your agent’s sales commission, 3.5% of the net (remaining) selling price will be contributed to the reserve fund held separately from the current bank account of the Home Owners’ Association. These funds support the levies, act as a buffer to ease any future escalations and will be used as supplement for unexpected expenses.
Q: WHY DO I HAVE TO TAKE COMPULSORY MEALS?
A: This contributes to overall balanced health and social interaction. The fully equipped kitchen with kitchen staff is run by an independent operator and is not subsidised by the normal levies. The compulsory meals ensure that the restaurant remains functional and successfully provides a much-needed service to all residents. The restaurant also caters for your visiting family or friends when needed. The main benefit, however, is that balanced meals are made available at extremely low prices.
Q: WHAT HAPPENS TO MY PROPERTY IF I PASS AWAY?
A: You have full ownership of your unit in a sectional title scheme, not just life rights. As the owner you therefore have the right to nominate succession of ownership in your will.
Q: FROM WHEN IS OCCUPATIONAL RENT PAYABLE?
A: All buyers are liable for occupational rent of 0.8% of the purchase price per month from the date their units are handed over for occupation until the date of transfer of ownership into their name. The developer endeavours to transfer ownership as soon as possible after completion of each phase, thus reducing the occupational rent period to a minimum.
NOTES
For more information please phone
0861 73 84 73
PROUDLY