Life right units in retirement village for sale. Units are not too close to one another, making it a comfortable place to call home.
Life right works as follow:
- You don’t purchase a transport deed but life rights
- If the property is sold within the 3 years of the purchase date you shall receive 85% of the original purchase price
- If the property is sold after 3 years of the purchase date you shall receive 75% of the original purchase price
The monthly levies include:
- 24 Hour security and armed response
- Medical facilities
- All rates and taxes
- Garden services
- Maintenance on the outside of the unit
- Water usage
- Electricity on own expense, prepaid meters are however installed.
- Access to a vegetable garden
- Access to fruit trees