CPOA and Bellandia Scoop Another First!

Bellandia, the Cape-based residential property developer, and the Cape Peninsula Organisation for the Aged (CPOA) have crafted a first in the marketing of Life Rights to the retirement sector with the launch of their latest project, Fernbridge Apartments.

CPOA, the market leader in the Cape retirement sector, has successfully completed 20 property developments and currently administers well in excess of 2 500 accommodation units for retirees which are marketed on a Life Rights basis or sold as Sectional Title units.

The two organisations recently launched Fernbridge, situated in Diep River alongside CPOA’s very successful Riverside Place.

“Given the fact that Riverside is ‘sold out’ and the demand for accommodation in the area is still strong, it was logical for us to proceed to extend our capacity by developing Fernbridge Apartments in joint venture with Bellandia,” says Billy Rauch, CEO of CPOA.

At present, retirees generally have to put their names down on a long waiting list, not knowing when accommodation will become available. Flexibility is also a key issue for prospective residents – if their health needs change over time, it would be of great benefit to be able to exchange their units for accommodation more appropriate to their altered circumstances.

According to Mr. John White, CEO of Life Tides (the selling agency), Fernbridge is the most comprehensive and best packaged development catering to these needs that his firm has ever been associated with.

Fernbridge purchasers will have the right to let their apartments should they choose not to occupy them immediately and so avoid being at the mercy of a waiting list.

They will also (subject to availability) have access to high-care facilities at the neighboring Riverside Place and, most importantly, be able to exchange their Life Right at Fernbridge for another unit in the CPOA stable offering a higher degree of care, should the need arise.

Mr. Rauch says: “This is the first development we are selling off-plan where we are prepared to make such a significant commitment.”

With these exciting new benefits, retirees who secure a unit at Fernbridge will enjoy the peace of mind knowing that CPOA has undertaken to cater for their changing needs.  


For more information, please contact the Life Tides sales consultants at the Fernbridge sales office or visit us at Alnwick Road, Diep River.


  Comment on this Article

  Please login to post comments

Post to my facebook wall
Characters remaining

    Latest Property News
    • 17 Nov 2017
      FWJK has announced the launch of its latest residential brand, the Lil’ Apple, which will be launched simultaneously in two developments in Cape Town and Umhlanga totaling 600 apartments. The Lil’ Apple is set to be a brand of FWJK’s New York style apartments which will be rolled out nationally.
    • 17 Nov 2017
      It’s been a tumultuous year on many fronts, with socio-political uncertainty setting the tone for much of South Africa’s economic activity yet despite this and seemingly counter-intuitively, the residential property market has held up well.
    • 17 Nov 2017
      The EAAB (the Estate Agency Affairs Board) recently claimed that around 50,000 illegal estate agents could currently be operating illegally.
    • 16 Nov 2017
      Penthouses are synonymous with New York – characterised by high-rise living that is decidedly luxurious and spacious. While exclusivity comes at a price, you can still create a “penthouse” look and feel in your existing apartment or even the upstairs bedroom of a double storey house with some clever design changes and styling touches.
    • 16 Nov 2017
      The area has long been popular with kite surfers and, with escalating property prices in Cape Town itself, is increasingly in demand with home owners who work in town, but are looking to invest in more affordable properties.
    • 16 Nov 2017
      Cape Town’s popularity as a world-class tourist destination has resulted in a spike in the number of homes available for holiday lets and fuelled investor demand for sectional title units with short term rental potential.
    • 15 Nov 2017
      Sappi, one of South Africa’s oldest global companies and a leading global supplier of sustainable woodfibre products, has moved its global and regional headquarters to a new site on the corner of Oxford and 14th Avenue in Rosebank.
    • 15 Nov 2017
      There’s an old saying in real estate that you should seek to make a profit when you buy, not only when you sell – and a large part of succeeding at that endeavour is buying a home in an area with desirable features that will enhance the resale value of your property.
    Subscribe to the MyProperty Newsletter

    Last Name  
    Email Address  
    Email Frequency
    Share this Page

    For Sale Property
    Rental Property
    More Options
    Connect with us