Cairns Villa Price Lists
What are the costs of buying into Oak Tree Retirement Village Cairns?
- Purchase Price
- Weekly Service Fee
- Exit Fee - may be payable when you leave the village depending upon the purchase option you buy in under
Purchase Price
Stage 2 Pricing Only
| Floor Plan | Traditional. No Share In Capital Gain. Exit Fee Applies |
Standard. Share In Capital Gain. Exit Fee Applies |
| Dusky 2 BEDROOM + STUDY Villas: 72 & 77 |
$249,500 | $277,500 |
| Dusky 2 BEDROOM + STUDY Villas: 50 & 57 |
$247,500 | $275,500 |
| Pelican 2 BEDROOM + STUDY Villas: 70 & 71 |
$257,500 | $287,500 |
| Pelican 2 BEDROOM + STUDY Villas: 51 & 56 |
$256,500 | $285,500 |
|
Pelican |
$255,000 | $279,500 |
Weekly Service Fee
Weekly Service Fees pay for:
- The Village Manager Wages
- All rates (including water)
- Maintenance of the common areas
- All lawn and garden maintenance
- Full use of village facilities
- Village security and monitoring
- All building and villa insurance
- The running of all village facilities and incidentals
- Rubbish removal
| Dusky: 2 BEDROOM | $84.70 Per Week |
| Pelican: 2 BEDROOM | $84.70 Per Week |
Our Purchase Options Explained
Below are simple explanations of the purchase of the same villa (The Pelican) using the three different purchase options available at Oak Tree Retirement Village Cairns.
Traditional - No share in captial gain. Exit fee applies
- An exit fee is payable when you leave the village
- The exit fee is equal to a percentage of your ingoing contribution (purchase price) for each year you are in the village
- The exit fee is calculated on your original ingoing contribution (purchase price)
- The exit fee is 6% for the first year and then 5% for each subsequent year up to a max of 26%
For Example:
- Purchase for $255,000 and sell in 10 years for $500,541*
- Your exit fee is $255,000 X 26% = $66,300
- You recieve $255,000 - $66,300 = $188,700 less any selling costs and villa makeover
Standard - Share in captial gain. Exit fee applies
- An exit fee is payable when you leave the village
- The exit fee is 5% for the first 4 years and then 5.5% for years 5, 6 and 7 with the maximum being 36.5%
- The fee is calculated on the value of your villa when you leave - i.e. the sale price of your villa
For Example:
- Purchase for $279,500 and sell in 10 years for $500,541*
- Your exit fee is $500,541 X 36.5% = $182,697.45
- You receive $500,541 - $182,697.45 = $317,843.53 less selling costs and villa makeover
*This price is calculated on the assumption that the value of the villa increases by an average of 6% per annum