The choices you make, make you. It’s why we’re passionate about helping you make the one that’s right for you. With quality and affordability coming standard no matter the home type you choose, our refusal to compromise on finishes and value means a high-calibre coastal lifestyle that’s happy, healthy and completely convenient. The truth is, things are going south and we couldn’t be happier. The North Coast is fast becoming known for soaring prices and busy lifestyles. As a result, many retirees are turning to the South Coast for greater value. With a South Coastal lifestyle being appreciably cheaper on average, it’s easy to see why many are making the move in our direction.
Much like any other estate, Renishaw Hills is governed by a set of rules that maintain the standard of facilities and quality of life for all. What makes us different though is that we care. The village’s general operating expenses are covered by monthly, all-inclusive levies that are payable by owners. This allows each resident to live completely hassle-free as we take care of the running of the village as well as its maintenance.
A 20% plough back of the net-enhanced value (profit) on the resale of residences contributes towards a Levy Stabilisation Fund. Through this, we can enjoy a long-term stabilising effect on monthly levies, reducing the prospect of substantial increases for our residents. For more on our village rules.
Property on the coast has an elevated value and for good reason, too. According to Lightstone’s Residential Property Index for 2020 coastal homes recorded annual growth rates of 5.8 percent, compared with inland property rates of only 3.9%. While the initial investment in a retirement estate on the coast might be higher, you can rest assured that your property will continue to gain significant value over the years.
To ensure that your investment holds its value and exceeds your expectations of life at Renishaw Hills, we have several bodies in place.
As a non-profit company, this body administers the greater Renishaw Coastal Precinct, including Renishaw Hills. They also promote and protect the interests of all property owners on the estate, with an elected board of directors acting as the governing body. Membership includes all owners plus representatives of the developer, Renishaw Property Developments (Pty) Ltd, during the development period.
To learn more, please download the Renishaw Estate Management Association Document.
Formed in terms of the Sectional Titles Act, this body governs and protects the interests of Sectional Title Owners within Renishaw Hills. It also allows owners to play their part in keeping our status as one of KwaZulu-Natal’s most treasured gated mature villages.
For further information, please click here to download the Renishaw Hills Home Owners’ Association Document.
Renishaw Property Developments, a subsidiary of Crookes Brothers Ltd, is the developer of Renishaw Hills. The involvement of JSE-listed Crookes Brothers Limited guarantees administration with integrity, transparency and professionalism at all times.
For further information, please click here.
Renishaw Hills
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