COSTS TO STAY OR BUY
Life Rights
Units at Deansgate are sold on the Life rights system. This means that a resident buys the rights to occupy a certain unit. In addition to the cost of the unit the resident will also need to pay a monthly levy, which covers rates, electricity and water. The levy cost is based on the square meterage of the unit.
Period of occupation |
1 year |
2 year |
3 year |
4 year |
5 year |
|---|---|---|---|---|---|
Percentage of resale price |
90%
|
80%
|
70%
|
60%
|
50%
|
Upon termination of the agreement the purchaser or the purchasers estate shall be entitled to receive a portion of the resale price of the life right, in accordance with the table set out above.
Fundraising
Deansgate is a registered non-profit organisation with an official fundraising number. As such it is a charitable organisation that relies on fundraising and donations from both the public and private sectors.
The famous Deansgate Spring market is held every year.
For the market to be successful we rely heavily on donations from members of the public.
Prices 2024
A non-refundable Administration fee of R3750 is payable to secure any of the rooms before occupation.
|
Cottages for Sale on Life Rights
|
|
|---|---|
| 1 bedroom cottages | From: R1 300 000.00 |
| 2 bedroom cottages | From: R2 700 000.00 |
| Cottage Levy | Between R3 750 to R9 095 per month, depending on the size of the cottage |
|
Main Building
|
|
|---|---|
| Deluxe ensuite room (private room with bathroom and kitchenette |
R27 525.00 per month |
| Semi-deluxe single room (private toilet, shared shower and kitchenette) |
R26 723.00 per month |
| Garden view private room (room only) |
R26 210.00 per month |
| Standard single room |
R24 450.00 per month |
| Sharing room (2 bed) (3 to 8 bed) |
R22 470.00 per month R21 560.00 per month |
12
|
Frail Care
|
|
|---|---|
| Private Room | R20 400.00 |
| Sharing room | R17 280.00 |
| High Care | R28 569.00 |
Levy
Between R3 750 to R9 095 per month, depending on the size of the cottage.
Lunch
Lunch tokens for cottage residents or visitors: R90 each
Laundry tokens for cottage residents: R30 each
Incontinence Wear
We can provide these products and it will be charged to the residents account.
Medication
For the resident’s account
Please note that we make use of blister packing. (Our staff will assist you should your pharmacy not offer this service)
Transport
Once weekly trips to Rosebank and Victory Park: No charge
Other trips:
R112 in a radius of 5km
R165 in a radius of 10km
Airports: R530 one way during office hours
Airports: R670 one way after hours
Prices are based on costs as at 2024 and are subject to change
