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2
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1
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1
Independent Living Unit/Villa
4 available
Village description
Burwood Terrace is a boutique retirement village with a welcoming community close to fantastic shopping, cafés, restaurants, cinemas and public transport.
Quietly tucked away in leafy Burwood East, and with sweeping views of the Dandenong Ranges, Burwood Terrace is the perfect base from which to enjoy every aspect of your life.
Set within beautifully landscaped grounds, all single-storey townhouses feature courtyards and apartments with either a balcony or terrace.
The village is conveniently located for a wide range of amenities including shopping centres, restaurants, cinemas, social clubs and public transport. Featuring an impressive array of resort-style facilities including indoor heated swimming pool and gym, dance floor, competition standard bowling green, croquet lawn, communal vegetable gardens and so much more, life here is endlessly entertaining.
Every day at Burwood Terrace 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 spacious two-bedroom apartments or luxurious two and three-bedroom townhouses.
(Show more)-
Overview 1995 village established 107 village units
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 Dining room Emergency call system Gym Hairdressing salon Library Lounge Medical consultation room Pet friendly (subject to approval) Security system Swimming pool Village bus Workshop Spa Sauna Communal vegetable garden Croquet lawn Business Centre Conference Room Croquet Lawn Dance Floor Outdoor Terrace Table Tennis Table Wellbeing Centre Property features Personal services (included) Optional services (user pays) Hairdressing Medical Podiatry Deliveries from Chemists Massage -
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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 $500,000 - $950,000 Other costs/fees - Legal costs/fee
Ongoing fees (Current as at 1 July, 2018) Service/maintenance fee $548.00/month Total monthly charges Costs not included in ongoing fees $548.00 (approx.) - Contents insurance
- Council rates
- Water rates
- Water usage
- Other utilities (excl. water usage)
Departure fees Deferred payment Maintenance/replacement fund fee 5% of resale price (or greater of entry price and resale price) per year for a maximum of 6 years (30%) 5% 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 $950,000) 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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$548.00/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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5% of resale price (or greater of entry price and resale price) for a maximum of 6 years
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5% 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 $500,000 - $950,000 Upfront payment 19% of entry price Other costs/fees - Legal costs/fee
Ongoing fees (Current as at 1 July, 2018) Service/maintenance fee $548.00/month Total monthly charges Costs not included in ongoing fees $548.00 (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 $950,000) 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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$548.00/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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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 $650,000 - $1,235,000 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 $548.00/month Total monthly charges Costs not included in ongoing fees $548.00 (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 $1,235,000) 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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$548.00/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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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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