Retirement Village for sale
Live independently with on-site assisted living in Albertville, near Cresta and Northcliff, enjoying landscaped gardens and communal lounge — one-bedroom, one-bath with covered parking.
New Life Right Retirement Units in Albertville, Johannesburg – With Assisted Living and Frail Care On-Site
Looking for a retirement village in Johannesburg where you can live independently now, with care when / if you ever need it? Albertville Living is a secure, freshly refurbished retirement community at 13 Plein Street, Albertville. It is close to Cresta, Northcliff, Emmarentia, Linden, Montgomery Park and Randburg.
Each simplex unit is your own private space, finished to a high standard:
> Light-filled bedroom with generous built-in cupboards
> Room for a cosy seating area by the window
> Neat kitchenette with plenty of storage, plus a dining nook
> Modern bathroom with a walk-in shower, built-in shower seat and easy-access design
> Tiled floors throughout, low-maintenance and wheelchair friendly
Outside, residents enjoy landscaped gardens. There are covered walkways between buildings, a communal lounge and dining room, and secure carport parking.
WHY A LIFE RIGHT?
A Life Right gives you the right to live in your unit for life without the costs and upkeep of full ownership. There is no transfer duty. The Life Right agreement sets out the refund structure when the unit is vacated. Option to use your refund towards TOTALCARE healthcare costs later in life
LIFE RIGHT PRICES of Units currently available: 1 Bedroom – from R750 000
MONTHLY COSTS (average 30 m2 unit)
> Levy: approx. R35/m2 (±R1 050)
> Rates & taxes: approx. R220
> Sewer: approx. R430
> Refuse: approx. R280
> Water and electricity: prepaid / metered
> Estimated total: about R1 980 per month, excluding water and electricity.
OPTIONAL SERVICES
> Meals: approx. R3 000/month (30 meals - lunch only)
> Cleaning: approx. R750/month
> Laundry: approx. R750/month
> Parking: approx. R150/month
> Furnished packages: from approx. R1 500/month
CARE WHEN YOU NEED IT
> Supervision and care: approx. R150/hour (pay as you need)
> Medication management: approx. R3 000/month
> Full frail care on-site: approx. R27 500/month
PLANNING AHEAD?
Secure your unit now and potentially rent it out until you are ready to move in. Estimated rental income is from R7 650/month for a 1-bed. This is subject to the Life Right agreement and operator approval.
This suits retirees who want independence with peace of mind, and families looking for safe, caring retirement accommodation for a parent close to home.
!!! INVESTORS WELCOME !!!
INVESTOR OPPORTUNITY – EARN NOW, MOVE IN LATER (OR NEVER)
Albertville Living is also available as a hands-off Life Right investment, backed by TOTALCARE Living, an operator with more than 25 years in retirement and healthcare management.
> Projected 10% annual rental return, paid regardless of whether the unit is occupied [less levies – R 1980pm]
> No tenant placement, rental collection or maintenance – TOTALCARE manages everything
> On exit, receive 90% of the Future Sale Price, you share in future growth
> No transfer duty and no bond costs
> Option to use your refund towards TOTALCARE healthcare costs later in life
> Cash purchases only
> Limited units available
Ideal for investors who want steady income from South Africa's growing retirement sector, or for anyone who wants to secure a future home for themselves or a parent while it earns in the meantime.
Terms and conditions apply. Returns are projected, and full terms are set out in the Life Right investment agreement, available on request.
Contact today to book a private viewing.
Listed for sale at R750,000
Albertville is a tranquil, established residential suburb in Johannesburg that offers residents a peaceful atmosphere with convenient access to major highways and nearby urban hubs.
