RETIREMENT VILLAGE
Situated conveniently close to the Solomon Mahlangu Drive Gate and on the doorstep of the game reserve and the golf course, the Silver Lakes Retirement Village consists of 24 attractive red face brick homes, a community centre and a few small offices. Built just over 18 years ago, the village covers 1.3ha of land.
The Retirement Village at Silver Lake is one of the top 3 Retirement Villages in Pretoria as voted by the Best of Pretoria Awards.
PROPERTY
All property owners and residents have to be over 50 years of age and due to the demand, there’s a waiting list. Each house has two bedrooms, an open plan kitchen/dining/lounge area, a bathroom, single garage, visitor’s parking bay and its own garden. An interesting dynamic in terms of ownership is that roughly a third of the units are rental units owned by investors who either live elsewhere in Silver Lakes or outside the Estate. Being full title, those who own their units are able to sell them on to other buyers or leave them to their family as an inheritance. This makes these units a sound and sensible investment for those of retirement age who wish to downsize, or for those looking for additional income.
COMMUNITY CENTRE
The community centre has a relatively large hall, kitchen, covered braai area and veranda, which the retirement village residents are able to use free of charge. The facilities are also hired out at very reasonable rates for small functions and to organisers of regular activities, such as karate and ballroom dancing classes.