A complete renovation of a 1907 school in the historic Overberg village of Napier into a retirement complex was announced this week. Purchase prices and monthly levies are far below that of similar schemes in Cape Town.
The Napier Retirement Village is complete and ready for viewing with occupation from around September 2010. The village will offer several choices for the retired person, with a wide range of accommodation types at differing prices starting from R442 000. The project operates on the Life Rights system of ownership. The health care at R6900 will be run on a not for profit basis which is half the price of Cape Town.
On sale and ready for occupation are 25 assisted living units, plus a further seven terraced houses. Purchasers requiring more independent environs can buy traced houses from R599 000 or one or two bed cottages priced from R745 000.
Nic Border, spokesman for the developer Prescient says, "this is a unique property that offers people the chance to retire to the Overberg at prices that are nearly half that of what people are currently paying in Cape Town. Napier Retirement Village has the advantage of being complete and ready for occupation with full healthcare services and a well-equipped, beautifully restored Victorian club house, while surrounded by a genuine kind-hearted and supportive community. A professionally managed Health Care Centre offers a full range of nursing services covering a wide range of needs. "
"The town of Napier is one of those picturesque stress free villages that are perfect for retirement and in close proximity to the other villages and towns in the area such as Hermanus, Standford, Swellendam, Bredasdorp and Arniston. The historic school building has been given a new lease on life and has been restored and converted to serve a whole new purpose.
Posted by HWB Communications, Cape Town's premier PR agency specialising in crisis communications & media relations in South Africa. Prescient Properties is a client of HWB.