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Independent Living Unit/Villa
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Village description
Redefining Retirement Living: Luxury Apartments in Coorparoo
Sweeping benchtops, stunning vistas from a generous balcony, wooden floorboards throughout, ample bedrooms. Who said retirement living in southside Brisbane had to compromise your way of life?
The Village Coorparoo offers luxury retirement homes and apartments for people from Coorparoo, Brisbane’s southside and beyond who... (Show more)
Property description
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Overview 2012 village established 217 village units
Unit parking 1 car spaces
Village parking General parking available for visitors Access to aged care Arrangement with aged care provider who can provide home care services Adjacent aged care facility Village features Activities/games area Arts and crafts area BBQ area outdoors Beauty salon Billiards Bowling green Communal gardens Community room or centre/club house Dining room Emergency call system Gym Hairdressing salon Library Lounge Medical consultation room Pet friendly (subject to approval) Restaurant/café Security system Swimming pool Workshop Auditorium Cinema Taiji qigong Optional services (user pays) Pilates -
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Legal Tenure/contractual arrangement Loan/Lease (non-owner resident) Entry fees Entry price $630,000 - $990,000 Other costs/fees - Legal costs/fee
Ongoing fees (Current as at 1 February, 2019) Total monthly charges Costs not included in ongoing fees $0.00 (approx.) - Contents insurance
- Water usage
- Other utilities (excl. water usage)
Departure fees Deferred payment -
1 year - 7.25% of entry price
Expand - 2 years - 13.25% of entry price
- 3 years - 19.25% of entry price
- 4 years - 24% of entry price
- 5 years - 28% of entry price
- 6 years - 32% of entry price
- 7 years - 34% of entry price
% of any capital loss Other costs/fees 100% - Reinstatement costs
- Sale costs/fee
- Legal costs/fee
Departure entitlement (Less above departure fees) Entitlement % of any capital gain Refund of entry price 50% Departure entitlement calculator (Based on entry price of $990,000) Capital gain Deferred payment Estimated total entitlement $98,670 $237,283 $701,962 -
Legal
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Loan/Lease (non-owner resident)
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No
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Entry fees
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Costs not included in ongoing fees
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Departure fees
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- Year 1 - 7.25% of entry price
- Year 2 - 13.25% of entry price
- Year 3 - 19.25% of entry price
- Year 4 - 24% of entry price
- Year 5 - 28% of entry price
- Year 6 - 32% of entry price
- Year 7 - 34% of entry price
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100%
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Departure entitlement (Less above departure fees)
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Refund of entry price
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50%
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Send enquiry to see legal and fee information.
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