All owners pay a monthly levy as a contribution towards the general operating expenses of Douglasdale Retirement Village. These levies are calculated during the annual budget process and implemented at the commencement of each financial year. Levies are applied to the houses and apartments according to their floor area, also referred to as the PQ (Participation Quota).
Note that the levy includes a provision for creating a reserve fund for large maintenance or development projects. A 3.5% levy on the sale price of any unit is also added to this reserve fund and has the effect of stabilising levy increases.
Benefits covered by the monthly levy include:
- Basic Health Care and maintaining the Healthcare centre.
- Insurance on all buildings, both private and common property. (Note – this does not include the household contents of your home.)
- Maintenance of all common property areas and the exterior only of private buildings. This is handled by an in-house maintenance team.
- In an emergency the maintenance team (during office hours) or security (after hours) will handle most emergencies inside units such as burst water pipes, no electricity, fire alarm etc.
- All water consumed.
- Mowing of private lawns.
- Communal gardening services.
- Refuse & recycling collection.
- Electricity used in communal facilities and street lighting.
- Postal service. Each unit has an incoming post box.
- Provision of the minibus service. Note that a “trip” fee is payable for the use of the bus. However this does not cover the full cost of this service.
- Satellite dishes and cabling in apartments.
- Administration of the Village by a managing agent, specialising in retirement villages.
Separate to the basic levy but included in the monthly statement are the following:
- A kitchen levy that ensures the sustainability of the kitchen operation and covers fixed costs associated with this facility. Included in this levy are “free” meals. The number of “free” meals is dependent on the meal choices made.
- A municipal sanitation levy that is billed by the City of Johannesburg directly to the HOA and is calculated per unit. This cost is recovered by way of a separate line item on the monthly levy statement.
- A municipal “water on demand levy” that is billed by the City of Johannesburg directly to the HOA and is calculated per unit. This cost is recovered by way of a separate line item on the monthly levy statement.
- A CSOS levy. This is a statutory levy that the Village pays on behalf of owners and is recovered by way of a separate line item on the monthly levy statement.
- Telephone line rental. This covers the maintenance cost of the internal telephone system infrastructure. This cost is recovered by way of a separate line item on the monthly levy statement.
Not included in levies are the following:
- Electricity consumed. Each unit is fitted with a pre-paid meter. Electricity vouchers are available at reception or from selected retailers. Electricity can also be purchased through the internet by registering with our service provider.
- External telephone calls made. Calls are charged at a discounted rate, somewhat lower than the Telkom rate. Internal calls are free. This is a prepaid service. Airtime can be purchased from reception. Dial 0999# to hear a recording of your current airtime balance.
- Insurance on the contents of your home.
- Cost of maintaining the hot water system. (Note that this is a standard exclusion in the Sectional Title Act).
- Maintenance/repair work inside units. A list of approved contractors is available to handle this work at the owners cost.
- Meals in excess of the “free” meal allowance.