Featherbrooke Retirement Village; Premium Living for Over 50-Year-Olds
Category Property News
For many, it may come as a surprise that the older generation, over the age of 50, is fuelling the housing market. Latest statistics show that these buyers increased to 33.06% in 2017 from 22.09% in 2007. Furthermore, those over the age of 60 are comprised of 8.1% of SA’s 55.5mil population, and this group is experiencing a compound annual growth rate of 2.7%.
The rapid growth of the older generation is greatly owed to a 10-year increase in the lifespan of the average South African, simply meaning they are living longer. As expected, these changes are affecting the housing market as developers are now realising the importance of expanding stock for this market.
A Closer Look at Featherbrooke
Particularly, the development company, Central Developments is the leader in constructing retirement estates since 2002. Emerging from this is the popular, Featherbrooke Retirement Village, situated in Krugersdorp, Gauteng. Consisting of 498 units, the development was released to the public in 2013 and was quickly sold out. Today, although it is difficult to secure a home here due to limited stock, there are now many units re-selling.
The high demand for units in Featherbrooke Retirement Village is attributed to state-of-the-art facilities, as well as its ideal positioning close to a wealth of amenities. Residents of the estate are protected by 24-hour security with access control, and this allows them to enter and exit their homes safely and without the threat of intrusions.
The estate perfectly encapsulates the international standard of retirement homes due to its offerings, upmarket status and tranquil village atmosphere. This ensures that the highest quality of life is promoted and residents have everything they need at their doorsteps. On-site facilities include:
• A lifestyle centre
• Dining room with an industrial kitchen (open daily)
• Hair and beauty salon
• A venue for church services, functions and performances
• Convenience shop
• Doctor’s consulting room
• Shuttle service
• Laundry service
• Library
• Multi-purpose hall
• 20-bed frail care facility
• Open-plan kitchen and lounge
• On-site mailboxes
Living on the estate will place you in close proximity to the very finest amenities that Krugersdorp has to offer. For example, Cradlestone Mall lies just 4 minutes away, Netcare Pinehaven Hospital lies 6 minutes away, and both Walter Sisulu Botanical Gardens and Silverstar Casino lie 10 minutes away. For easy access to the wider region, the N14 and Hendrik Potgieter Road provide easy and streamlined commute.
Floor Plans with Wide Appeal
When Central Developments Projects created the blueprint for Featherbrooke Retirement Village, it was unanimously decided that it would cater to a range of budgets and preferred sizes. In this way, home buyers will have the luxury of choice when deciding on a layout.
The homes are designed according to four layouts that differ in size, property type and price. The most affordable option is the apartment units, which are ideal for individuals and couples. This ranges from bachelor units to 1-2 bedroom units, and for those who require a bigger space can choose from 2-3 bedroom simplexes to 3 bedroom houses.
Available Homes
Listed with CSi Property Group are seven retirement homes for sale from this high demand estate. Home buyers can choose from two bedroom apartments, a one bedroom apartment, a 0.5 bedroom apartment and a three bedroom simplex.
As developers begin to cater more widely to older home buyers, new retirement estates will burgeon throughout Gauteng’s residential landscape. Featherbrooke Retirement Village is a catalyst in this market and has undoubtedly set the standard for future estates that are yet to come to the fore. If you would like to find out more about the homes here, speak to our helpful agents from CSi Property Group today.
Author: CSi Property Group
