A view of the homes at Renishaw Hills Lifestyle Estate
When browsing various retirement options in South Africa, you’re more than likely to come across Lifestyle Estates. These secure, residential communities are ideal for active retirees looking to enjoy beautiful natural surroundings and high-end amenities.
In this glossary, we aim to provide clarity by defining some of the most common Lifestyle Estate terms. From ‘free-standing homes’ to ‘access control’, these definitions are bound to shed light on some of the things you can look forward to.
The Basics
Reversionary Transfer Obligation
Exclusive to Renishaw Hills, our RTO model offers a unique opportunity to enjoy luxury estate living at up to 30% below market value. As part of this tailored model, Renishaw Hills retains the first right to repurchase the home should you wish to sell or upon your passing.
Free-Standing Homes
Free-standing units are usually the most private and spacious housing options within Lifestyle Estates. While they are often more expensive, these homes are ideal for retirees who like to entertain or host visiting family members.
Maisonettes
Maisonettes are another sought-after option as they offer more space than an apartment, but with a lower price tag than free-standing homes. They typically share an adjoining wall with another unit. Unlike typical maisonettes, units at Renishaw Hills Lifestyle Estate are step-free and wheelchair accessible.
Turn-Key Property
These homes are 100% move-in ready. The paint is dry, the lightbulbs have been fitted, and the Wi-Fi is connected. All you need to do is turn the key and step into your new life.
The Perks
Amenities
From archery stations to mapped trails and heated pools, there’s plenty of exciting amenities to look forward to in modern Lifestyle Estates. Make sure to check out all the facilities on offer to ensure they align with your interests and preferences.
Sustainability
Solar panels and rainwater tanks are just the tip of the iceberg when it comes to sustainability at Lifestyle Estates. Subtle nods, such as indigenous gardens and filtration systems, ensure that resources are used most efficiently.
Community
While each community is unique, Lifestyle Estates typically focus on fostering active communities with an action-packed social calendar. Residents have full autonomy and can choose whether or not they participate in the events on offer.
A group of Renishaw Hills Residents socialising over coffee
The Neccessities
Levies
This is the monthly fee that you’ll pay for your lifestyle. It typically includes things like security, pool maintenance, garden services, rubbish removal, internet access, amenity upkeep, and more.
Access Control
Unfortunately, crime in South Africa is still a major hurdle to stress-free living. However, gated communities with strict access control provide peace-of-mind for residents as they go about their days. Guards at the main entrance will keep track of who’s coming and going.
Conduct Rules
These are the agreements that outline where you can park, what day to take out your rubbish, how much noise you can make after a certain time, and security protocols. They are there to ensure all residents enjoy a safe and comfortable stay.
Ready to call Renishaw Hills Lifestyle Estate ‘home’? While we aren’t a Retirement Home or Retirement Village, we are a community-driven Lifestyle Estate that welcomes active retirees from all walks of life. Contact us today to book a tour of the gorgeous estate on KZN’s South Coast.
