Things to think about if you're retiring in Gauteng in 2024
Category Property Advice
Let's say the most important thing first. If you're planning to retire in Gauteng in 2024, congratulations! You've worked hard and it's now time to get ready to relax and enjoy all the pastimes your busy career didn't give you time for. The CSi Property Group takes a close look at everything you'll need to know if you're planning to make Gauteng your retirement home.
Where can you retire in Gauteng?
Gauteng has many areas that make great retirement homes, and the place where you choose to live should be determined by where your family and friends are and the proximity to the places you enjoy going to. To provide a few examples, you could choose to retire in Douglasdale in Sandton, Waterkloof Marina in Pretoria or Krugersdorp. There are many popular retirement villages in Gauteng, each in a different location and with slightly different amenities to meet everyone's needs.
What makes Gauteng a great place to retire?
For people who have lived and worked in Gauteng for most of their lives, it makes sense to stay close to home because that's where your connections are and it's what you are familiar with. Those looking to relocate to Gauteng from other parts of South Africa to retire are often drawn to South Africa's heartland for its affordable retirement properties and wide array of things to do. For those wishing to travel internationally in the early years of their retirement, having O. R. Tambo International Airport nearby is a big drawcard for Gauteng, and particularly for Johannesburg.
How much does it typically cost to live in a retirement village?
If you're looking to rent your retirement home in Gauteng, you're likely to be pleasantly surprised at how affordable it is. For example, if you're looking to rent a one-bedroom retirement apartment in Pretoria's Eldoraigne Retirement Estate in 2023, your rent can be as low as R7 300 per month. If you're looking for a spacious three-bedroom unit with two bathrooms and two garages, your rent will still be under R12 000 per month.
In Douglasdale, which forms part of the exclusive Sandton enclave, you can rent a studio apartment in Douglasdale Retirement Village for less than R6 000 per month. Two-bedroom apartments can currently be rented from between R11 000 and R 15 000 per month.
To look at a third example, those looking to rent a retirement home in Randburg are spoilt for choice. You will find one-bedroom apartments in Olivedale Retirement Village and Celebration Retirement Estate from approximately R7 500. If you're looking for more space, you'll be able to find two and three-bedroom units for approximately R11 500 per month.
Three quick reasons to consider making Gauteng your retirement home.
- It's affordable
Real estate in Gauteng is affordable - whether you're looking to buy or rent your home. Retirement villages and estates are popular throughout Gauteng, and finding one near your family and friends will be simple.
- It's close to a major South African international airport
If you're looking for opportunities to travel internationally once you're retired - whether to see the world or to see your grandchildren - having easy access to O. R. Tambo International Airport will make planning your trips simple.
- Culture, theatre and lots to do
Gauteng has an abundance of shows, concerts and cultural experiences. Whether you enjoy the indoors or the outdoors, there's always something to do in Gauteng.
If you're looking for a retirement home in Gauteng, you've come to the right place. The CSi Property Group will put their contacts, years of experience and expertise to work to find you the perfect home. Contact us today.
Author: CSi Property Group