Village description
Nestled in a peaceful part of Geelong, Abervale has all the charm of a country community with the added comforts of city living.
Offering the relaxed atmosphere of a country village, but with the hustle and bustle of Melbourne just an hour’s drive away, Abervale retirement village provides a relaxed and secure lifestyle that’s conveniently located and effortlessly enjoyable. Geelong’s Botanical Gardens and the spectacular Great Ocean Road are just a short distance from the village, and shopping centres are within easy reach.
There’s easy access to the many social and sporting clubs and a public bus which regularly stops right outside the village throughout the day.
Abervale offers the best of both worlds – the convenience of living near the city as well as the picturesque tranquillity of country life.
(Show more)Property description
Choose from 2 and 3 bedroom homes, featuring modern layouts and high quality finishes.
(Show more)-
Overview 1984 village established 246 village units
Unit parking 1 car spaces
Village parking General parking available for residents General parking available for visitors Access to aged care Village features Activities/games area Arts and crafts area BBQ area outdoors Billiards Bowling green Communal gardens Community room or centre/club house Computer room Dining room Emergency call system Gym Hairdressing salon Library Lounge Pet friendly (subject to approval) Security system Swimming pool Village bus Workshop Communal vegetable garden Dance floor Function room Bar Business Centre Conference Room Croquet Lawn Indoor Bowls Outdoor Terrace Table Tennis Table University of the Third Age Property features Personal services (included) Cleaning Laundry Meals Optional services (user pays) Hairdressing Medical Podiatry Massage Deliveries from Chemists On-site Classes -
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Base (DMF)
Legal Tenure/contractual arrangement Settling-in period (if any) Ongoing fees period (if any) Loan/Lease (non-owner resident) 6 months 90 days Guaranteed buyback period (if any) 6 months Entry fees Entry price $150,000 - $160,000 Other costs/fees - Legal costs/fee
Ongoing fees (Current as at 1 July, 2018) Service/maintenance fee $1,757.60 - $2,531.62/month Total monthly charges Costs not included in ongoing fees $1,758.00 - $2,532.00 (approx.) - Contents insurance
Departure fees Deferred payment Maintenance/replacement fund fee 5% of entry price per year for a maximum of 5 years (25%) 1% of resale price (or greater of entry price and resale price) for a maximum of 5 years (5%) % of any capital loss Other costs/fees 0% - Reinstatement costs
- Sale costs/fee
- Legal costs/fee
Departure entitlement (Less above departure fees) Entitlement % of any capital gain Refund of entry price 0% Departure entitlement calculator (Based on entry price of $160,000) Capital gain Deferred payment Maintenance/
replacement fund feeEstimated total entitlement $0 $0 $0 $0 -
Legal
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Loan/Lease (non-owner resident)
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6 months
-
90 days
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6 months
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No
-
-
Entry fees
- Legal costs/fee
-
Ongoing fees
-
$1,757.60 - $2,531.62/month
-
-
Costs not included in ongoing fees
- Contents insurance
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Departure fees
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5% of entry price for a maximum of 5 years
-
1% of resale price (or greater of entry price and resale price) for a maximum of 5 years
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0%
- Reinstatement costs
- Sale costs/fee
- Legal costs/fee
-
-
Departure entitlement (Less above departure fees)
-
Refund of entry price
-
0%
-
-
Prepaid Plan
Legal Tenure/contractual arrangement Settling-in period (if any) Ongoing fees period (if any) Loan/Lease (non-owner resident) 6 months 90 days Entry fees Entry price $150,000 - $160,000 Upfront payment 19% of entry price Other costs/fees - Legal costs/fee
Ongoing fees (Current as at 1 July, 2018) Service/maintenance fee $1,757.60 - $2,531.62/month Total monthly charges Costs not included in ongoing fees $1,758.00 - $2,532.00 (approx.) - Contents insurance
Departure fees % 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 100% Departure entitlement calculator (Based on entry price of $160,000) Capital gain Deferred payment Estimated total entitlement $0 $0 $0 -
Legal
-
Loan/Lease (non-owner resident)
-
6 months
-
90 days
-
No
-
-
Entry fees
-
19% of entry price
- Legal costs/fee
-
-
Ongoing fees
-
$1,757.60 - $2,531.62/month
-
-
Costs not included in ongoing fees
- Contents insurance
-
Departure fees
-
-
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100%
- Reinstatement costs
- Sale costs/fee
- Legal costs/fee
-
-
Departure entitlement (Less above departure fees)
-
Refund of entry price
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100%
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-
Refundable Contribution
Legal Tenure/contractual arrangement Ongoing fees period (if any) Loan/Lease (non-owner resident) 0 days Guaranteed buyback period (if any) 60 days Entry fees Entry price $195,000 - $208,000 Premium (included in entry price) 30% of entry price Establishment Fee 3.5% of entry price Ongoing fees (Current as at 1 July, 2018) Service/maintenance fee $1,757.60 - $2,531.62/month Total monthly charges Costs not included in ongoing fees $1,758.00 - $2,532.00 (approx.) - Contents insurance
Departure fees % of any capital loss 0% Departure entitlement (Less above departure fees) Entitlement % of any capital gain Refund of entry price 0% Departure entitlement calculator (Based on entry price of $208,000) Capital gain Deferred payment Estimated total entitlement $0 $0 $0 -
Legal
-
Loan/Lease (non-owner resident)
-
0 days
-
60 days
-
No
-
-
Entry fees
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30% of entry price
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3.5% of entry price
-
-
Ongoing fees
-
$1,757.60 - $2,531.62/month
-
-
Costs not included in ongoing fees
- Contents insurance
-
Departure fees
-
-
-
0%
-
-
Departure entitlement (Less above departure fees)
-
Refund of entry price
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0%
-
-
Pay As You Go
Legal Tenure/contractual arrangement Ongoing fees period (if any) Rental lease (non-owner resident) 0 days Guaranteed buyback period (if any) 60 days Entry fees Security Deposit (refundable) Establishment Fee First Instalment/Rental Amount 12% of entry price 1.5% of entry price 0.5% of entry price Ongoing fees (Current as at 1 July, 2018) Service/maintenance fee Rental $1,757.60 - $2,531.62/month $750.00 - $800.00/month Total monthly charges Costs not included in ongoing fees $2,508.00 - $3,332.00 (approx.) - Contents insurance
Departure fees -
Legal
-
Rental lease (non-owner resident)
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0 days
-
60 days
-
No
-
-
Entry fees
-
12% of entry price
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1.5% of entry price
-
0.5% of entry price
-
-
Ongoing fees
-
$1,757.60 - $2,531.62/month
-
$750.00 - $800.00/month
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-
Costs not included in ongoing fees
- Contents insurance
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Departure fees
-
-
Departure entitlement (Less above departure fees)
-
Refund of entry price
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%
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Send enquiry to see legal and fee information.
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