A monthly levy is payable covering:
Basic garden services for the individual units
Maintenance of the common areas, gardens and the Oval
Maintenance of the exterior of home and communal facilities
24 hour security and guard house with CCTV, electric fencing, patrols and intercom system
Assisted living service and on-site Matron
Medical and emergency panic button system connected to the central control center
Water and electricity used in common areas
Maintenance of clubhouse and leisure facilities
General management of the Homeowner Association
A full breakdown can be requested from the sales agent.
Levies average around 1.5% of the sale price annually and are dependent on the unit size.
The unit size is calculated by taking the living area, covered patio and garage into account.
Municipal rates and taxes are billed separately from the levy and are the responsibility of the sectional title unit owner.
All services are municipal and pre-paid water and electricity meters will be installed.
A levy stabilisation fund is created to build up sufficient cash flow for the Body Corporate to be able to cover monthly and capital expenses as required of them to set up all necessary accounts and services as needed for the full functioning of the Estate.