The future of assisted living has arrived in the heart of Paarl with the launch of an exceptional residential development, brought to you by Fiorini’s Group and AF Holdings, in collaboration with renowned architect Abrie Jordaan, of Jordaan Architects.
With 348 thoughtfully designed units, this development is poised to redefine the concept of golden years living for many people who seek retirement solutions in the Boland, offering an unparalleled blend of luxury, convenience and sustainability.
What makes this development so unique is its central location at 225 Main Road, making it the only development in Paarl Central to offer a specialised market segment the option of buying a sectional title on full ownership for themselves or as investment to offer tenants over the age of 50 a competitively priced alternative to the existing retirement living options in Paarl Central without having to pay a non-refundable deposit as is the case with other retirement facilities in the area.
“We saw a gap in the market after completing our research,” said Anton Louw, spokesperson for AF Holdings, “and found that people in Paarl over the age of 68, which is the entry age at other existing retirement facilities such as Huis Vergenoegd, really didn’t have any alternatives to meet their retirement needs other than having to go through strenuous screening processes and then being placed on a three-year waiting list after paying exorbitant deposits which would not even be refunded.
“Our research showed this market segment is currently paying from around R9 000 to R22 000 per unit and these individuals are placed on waiting lists at existing retirement homes for multiple years. By the time they can actually reside in these facilities, these rental amounts will have escalated by at least 30%.
“This was very interesting to note. It gave birth to the concept that The Anura Residence could serve as an affordable alternative within less than a 200 metre radius from existing establishments. We saw the market was right here waiting for something like The Anura Residence. Given the current waiting period at existing competing options, we will be filling a dire need for this group of people seeking something that makes much more financial sense to invest in.”
Priced from R875 000 for well-appointed studios to R2 700 000 for expansive two-bedroom suites, every layout is crafted to accommodate varying preferences and lifestyles.
The thoughtfully priced variety on offer here appeals to both investors and those looking for a place to call home in their golden years without having to commit to buying these creature comforts on life right which is largely the only option available in this market segment in Paarl and surrounding estates, such as Evergreen in Val de Vie.
“At The Anura Residence property is sold on full ownership, just as any other real residential investment ought to be and growth and profit on resales to the benefit of each homeowner,” Delicia van Wyk, franchisee and principal of RealNet Paarl and Surrounds, added.
“This is one of the main reasons we felt a product such as this was needed to be introduced to the Boland property market, something unique that also offers unparalleled value for money; and our buyers couldn’t agree more.”
The agency has successfully launched the development to the public and will manage sales on behalf of the developers.
For more information visit https://www.theanuraresidence.com/ visit the virtual sales office at https://www.realnet.co.za/results/new-development/residential/paarl/hoog-en-droog/244/the-anura-residence/
