CPOA Introduces Modern Day Retirement in Diep River

News > news - 02 Jul 2009

CPOA Introduces Modern Day Retirement in Diep River

The Cape Peninsula Organisation for the Aged (CPOA) completed Riverside Place, Diep River, in November 2008.  The interest was so overwhelming that they are already planning similar developments in the area.  The CPOA’s aim is to create a modern day retirement village by linking the complementary services offered by each of the complexes in the area and making these easily available to all their residents.

According to Billy Rauch, CEO of the Cape Peninsula Organisation for the Aged (CPOA), “the fact that a retirement node is being created in Diep River makes it very attractive to potential buyers”.

The development is being undertaken by the CPOA in association with Bellandia and caters to the more active retiree with features like a heated indoor swimming pool, fitness centre, residents’ lounge and entertainment area.

The development consists of 68 bright and stylish apartments with full bathrooms, open plan kitchens fitted with granite countertops and private balconies.  Units start from 60m², with beautiful views of the Constantiaberg Mountains from most apartments. The ground floor units all have large patios, perfect for entertaining, while the 24-hour manned access control, CCTV monitored entrances and secure underground parking ensures safety and peace of mind for all.

One of the many advantages of the development is that residents will have access to the services offered by Riverside Place across the road, including access to nursing services in their health care centre, should they be required at any stage. “The CPOA’s main aim”, says Rauch, “is to create retirement options that interact with one another and the CPOA life right contracts could in future be traded between CPOA facilities, depending upon the changing needs of the owner”.

The development is conveniently located close to all amenities such as restaurants, golf courses and shopping centres, whilst numerous beaches and mountain walks are only a short drive away.

John White, principal consultant for the development, says that “buyers appreciate the option to purchase now and rent the unit out until they require the use of it themselves in a few years time”. He says that “one only has to consider the lengthy waiting lists at the retirement developments and the enquiries into further development to realise that Fernbridge Apartments will be welcomed on the market”.


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