Situated in the heart of the active over 50’s residential development, the Alsace du Lac overlooks the verdant and ecologically sensitive gardens of Le Domaine and represents the pinnacle of fine, low maintenance living in a secure, gated estate. Comprising 34 exclusive units, Alsace du Lac has been designed for those who appreciate the finer things in life and who enjoy sophisticated entertaining. Featuring living areas that flow out through wooden concertina doors onto spacious covered patios, the 2 bedroom units are fitted with gourmet styled kitchens with a microwave, fridge freezer, ceran stove and dishwasher. These spacious 200sqm apartments are priced from R2, 257, 000 and each unit comes complete with a double garage. The Alsace du Lac represents the epitome of a secure and active lifestyle founded on vitality and companionship and Le Domaine has taken the lead by establishing itself as the country’s premier upmarket development geared towards meeting the needs of these active over 50’s. Designed to be more than just a retirement village, the development has provided exclusive facilities to the residents in the interests of promoting their quality of life. These include the Club de Vie with its extensive list of social activities from ball room dancing to whiskey tasting, as well as a set of comprehensive health and wellness activities. Residents at the Alsace du Lac have access to an indoor heated swimming pool, tennis courts, bowling greens, a spa, sauna and beauty salon and in an effort to maximise convenience, the development also offers a library, cinema, shop and DSTV access in all units. Le Domaine Managing Director and developer John Bezuidenhout says “We are delighted with the sale of the penthouse unit in Alsace – people want a safe and social lifestyle and we offer that.” The estate prides itself on its excellent security system, which features CCTV monitoring, electrified fencing, access control and a 2, 5 meter perimeter wall. As Jenny Aitkin from Wakefields comments, “These units are perfect for ‘lock up and go’ investors and demonstrate that the upper end of the market is still healthy despite the concern regarding the interest rates hikes and changes to the credit act.” The development has shown excellent growth since inception in 2001, with a unit that was purchased off plan at R439 000 in 2002, recently being sold for R1, 6 million. ENDS Words: 497 Note to the editor: The R500 million Le Domaine development is located in the rolling landscape of Hillcrest and is funded by a private group of investors. It is an upmarket, gated community, the unique concept of which was brought to South Africa by MD John Bezuidenhout. Characteristics of the development are the French styled villages, indigenous gardens and embodiment of a healthy lifestyle through use of facilities within the estate. The development has enjoyed phenomenal growth since inception and is considered as the premier retirement estate in South Africa.
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