Over 50's Life Right Estate on the Vaal River

“Palms on the River” is a brand new Life Right Lifestyle estate that takes inspiration from the stunning Vaal River surroundings, the first such development on the banks of the river, just outside Vanderbijlpark. Three homes to choose from @ R3 250 000-00 each are now available, completed, and move-in ready.
Beautifully located, this tranquil and secure estate in an exclusive neighbourhood is situated on the Gauteng side of the river in a manned boomed-off area with strict access control to the fully walled estate. Located close to all major shopping malls, hospitals, doctors, highways and restaurants.

A crucial and essential feature of the Palms Group, (The Palms Boutique, Palms Retirement Village and Palms on the River) is that residents have access to medical assistance either on-site at home or off-site at the care facility at Palms Boutique, a short drive away.

The exclusive community features luxurious 2 bedroom and 2 bathroom homes partly walled for privacy, large open-plan living and dining areas with sophisticated upmarket kitchens and bathrooms. Glass doors open to the gardens and paved areas. Double garages are bigger than the standard size and can accommodate space for storage/workbench. Solar geysers and face brick exterior walls add to the low-maintenance finishes, which is a very efficient feature of the estate.

LIFE RIGHT is gaining popularity in South Africa and affords the purchaser a stress-free lifestyle, a secure home to live in for life, minimizes the responsibilities, but affords the same privileges as owning a traditional freehold, share block or sectional title home. A Life Right is cash only. A single opportunity is however available to discuss a short-term agreement with the developer subject to certain terms and conditions. A Life Right offers a major cost advantage, as ownership of the property doesn't change hands and no transfer fees, VAT, bond registration costs or capital gains tax is payable.
The Developer remains the sole owner of the property and is responsible for the general maintenance, upkeep and management of the estate. The owner of a home is responsible for maintenance inside and outside the Unit.

OTHER UNIQUE FEATURES OF THE ESTATE
A slipway, jetty, 57km of navigable river, landscaped gardens, manicured treed riverfront with revetting done along the bank, brick paved roads, water storage tanks, security gate, electric fencing surrounding the estate and pets are allowed with the permission of the developer. There is a garden and maintenance team and the developer is working towards getting the estate off-grid.