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2
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1
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2
Independent Living Unit/Villa
Enquire about availability
Village description
A boutique village on the stunning and vibrant Mornington Peninsula, halfway between trendy Mornington and laid-back Mount Martha, life at Martha’s Point instils a year-round holiday vibe.
Set in the heart of the spectacular Mornington Peninsula, with its beautiful beaches, native bushland, wineries and golf courses, Martha’s Point offers a lifestyle of security, comfort and contentment in a convenient location.
With cafés, shopping, services and social clubs within easy reach of the village, you’ll have everything you could possibly need for daily satisfaction. Exploring the surrounding area is made easy with the Peninsula bus service less than 500 metres from the front gates.
All villas have been architect-designed to maximise living space and minimize maintenance, allowing you to spend more time to pursue the things you enjoy.
With its impressive range of luxury facilities and a vibrant social atmosphere, every day at Martha’s Point presents new opportunities to discover the things you enjoy. It’s a laid-back lifestyle within a welcoming community, where rest and relaxation combine with fun and friendship to create a home you'll love.
(Show more)Property description
Choose from villas with 2 bedrooms, 2 bedrooms plus a study, or 3 bedrooms. All with high quality finishes.
(Show more)-
Overview 2006 village established 125 village units
Unit parking 2 garages
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 Emergency call system Gym Hairdressing salon Library Lounge Pet friendly (subject to approval) Swimming pool Tennis court Village bus Spa Auditorium Communal vegetable garden Bar Bocce Court Business Centre Croquet Lawn Dance Floor Indoor Bowls Outdoor Terrace Table Tennis Table Wellbeing Centre Property features Study Personal services (included) Optional services (user pays) Hairdressing Podiatry Deliveries from Chemists Massage 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 Entry fees Entry price $790,000 - $860,000 Other costs/fees - Legal costs/fee
Ongoing fees (Current as at 1 July, 2018) Service/maintenance fee $400.00/month Total monthly charges Costs not included in ongoing fees $400.00 (approx.) - Contents insurance
- Council rates
- Water rates
- Water usage
- Other utilities (excl. water usage)
Departure fees Deferred payment Maintenance/replacement fund fee -
1 year - 4.5% of resale price
Expand - 2 years - 9% of resale price
- 3 years - 13.5% of resale price
- 4 years - 18% of resale price
- 5 years - 22.5% of resale price
- 6 years - 27% of resale price
- 7 years - 31.5% of resale price
- 8 years - 33% of resale price
3% of resale price (or greater of entry price and resale 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 100% Departure entitlement calculator (Based on entry price of $860,000) 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
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90 days
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No
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Entry fees
- Legal costs/fee
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Ongoing fees
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$400.00/month
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Costs not included in ongoing fees
- Contents insurance
- Council rates
- Other utilities (excl. water usage)
- Water rates
- Water usage
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Departure fees
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- Year 1 - 4.5% of resale price
- Year 2 - 9% of resale price
- Year 3 - 13.5% of resale price
- Year 4 - 18% of resale price
- Year 5 - 22.5% of resale price
- Year 6 - 27% of resale price
- Year 7 - 31.5% of resale price
- Year 8 - 33% of resale price
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3% of resale price (or greater of entry price and resale price)
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100%
- Reinstatement costs
- Sale costs/fee
- Legal costs/fee
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Departure entitlement (Less above departure fees)
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Refund of entry price
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100%
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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 $790,000 - $860,000 Upfront payment 19% of entry price Other costs/fees - Legal costs/fee
Ongoing fees (Current as at 1 July, 2018) Service/maintenance fee $400.00/month Total monthly charges Costs not included in ongoing fees $400.00 (approx.) - Contents insurance
- Council rates
- Water rates
- Water usage
- Other utilities (excl. water usage)
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 $860,000) Capital gain Deferred payment Estimated total entitlement $0 $0 $0 -
Legal
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Loan/Lease (non-owner resident)
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6 months
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90 days
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No
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-
Entry fees
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19% of entry price
- Legal costs/fee
-
-
Ongoing fees
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$400.00/month
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-
Costs not included in ongoing fees
- Contents insurance
- Council rates
- Water rates
- Water usage
- Other utilities (excl. water usage)
-
Departure fees
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-
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100%
- Reinstatement costs
- Sale costs/fee
- Legal costs/fee
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-
Departure entitlement (Less above departure fees)
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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 $1,027,000 - $1,118,000 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 $400.00/month Total monthly charges Costs not included in ongoing fees $400.00 (approx.) - Contents insurance
- Council rates
- Water rates
- Water usage
- Other utilities (excl. water usage)
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 $1,118,000) Capital gain Deferred payment Estimated total entitlement $0 $0 $0 -
Legal
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Loan/Lease (non-owner resident)
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0 days
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60 days
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No
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Entry fees
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30% of entry price
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3.5% of entry price
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Ongoing fees
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$400.00/month
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-
Costs not included in ongoing fees
- Contents insurance
- Council rates
- Water rates
- Water usage
- Other utilities (excl. water usage)
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Departure fees
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0%
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-
Departure entitlement (Less above departure fees)
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Refund of entry price
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0%
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Send enquiry to see legal and fee information.
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