KRANTZKLOOF PARK ESTATE

Retirement Village

Krantzkloof Park Estate

Krantzkloof Park Estate is a retirement village under the umbrella of Kloof Retirement Villages. It is situated in the suburb of Kloof in the upper highway area of Durban. The Estate comprises 22 superbly appointed bedsitters, one bedroom and two bedroom units. Each occupant is the holder of a Life Right Agreement that is governed in terms of the Housing Development Scheme for Retired Persons Act No. 65 of 1988. A major benefit of the Life Right Agreement is that no Transfer Duties are raised on purchase. This is because the Title Deeds and the Agreement remain the property of the Kloof Rest Home Association with no transfer of ownership being registered at the Deeds Office.

The administration of the Estate is however, very much the responsibility of the Management Association members who elect a committee to set levies and rules by which the development is managed.

The monthly levy covers annual rates, audit fees, insurance of all land and buildings (including geyser cover), perimeter security, all external common property upkeep costs including lighting, garden maintenance, wages, uniforms, sewage treatment and waste removal. Weekly clinic services are also provided for within the levy and residents can enjoy the use of facilities such as the Kloof Rest Home lounge, dining room and well-stocked library.

Each resident is responsible for the internal maintenance and upkeep of their unit, as well as their own householder insurance, telephone, electricity and water costs. The Management Association Committee have an established a set of Conduct Rules. These seek to provide an atmosphere of harmonious, contented living through the provision of simple behavioural guidelines.

Weekly clinic services are also provided for within the levy and residents can enjoy the use of facilities such as the Kloof Rest Home lounge, dining room and well-stocked library.

The Management Association have an established set of Conduct Rules. These seek to provide an atmosphere of harmonious, contented living by setting out simple behavioural guidelines. The vision of Kloof Retirement Villages is to enhance the well-being of older persons in our community by providing accommodation that offers quality, professional living and care for all aspects of the ageing process, in an environment that protects self-dignity and promotes fulfilment of life at affordable rates.