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Kingston Villa Price Lists

What are the costs of buying into Oak Tree Retirement Village Kingston?

  • 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

Prices are indicative of Stage 1 & 2 Only

Floor Plan Traditional.
No Share in Captial Gain.
Exit Fee Applies		 Standard.
Share in Capital Gain.
Exit Fee Applies		 Premium.
Pay your Exit fee
Up Front

Fairy-Wren
2 BEDROOM
Villa: 11

 $244,000 $274,500 $319,500
Whistler
2 BEDROOOM
Villas: 2-3 & 8		 $249,500 $289,500 $334,500
Heren
2 Bedroom
Villa: 4		 $259,500 $294,000 $339,000
Robin
2 BEDROOM
Villa: 44		 $259,500 $299,500 $344,500

Pardalote
2 BEDROOM
Villa: 6

 $264,000 $298,500 $343,500
Silvereye
2 BEDROOM
Villas: 1&9		 $269,500 $304,000 $349,000
Silvereye
2 BEDROOM
Villa: 45		 $279,500 $314,000 $359,000
Wattlebird
3 BEDROOM
Villa: 5 & 7		 $294,000 $328,500 $373,500

Weekly Service Fee

Weekly Service Fees pay for:

  • The Village Manager Wages
  • All rates (including water)
  • Maintenance of common areas
  • All lawn and garden maintenance
  • Full use of the village facilities
  • Village security and monitoring
  • All building and villa insurance
  • The running of all village facilities and incidentals
  • Rubbish removal
Fairy-Wren, Whistler, Heron, Robin, Pardalote, Silvereye - 2 BEDROOM $95.00 Per Week
Wattlebird- 3 BEDROOM

$97.50 Per Week

Our Purchase Options Explained

Below are simple explanations of the purchase of the same house (The Silvereye) using the three purhase options available at Oak Tree Retirement Village Kingston

Premium - Pay your exit fee up front

  • An exit fee (or premium) is payable when you enter the village
  • The exit fee is paid as part of your ingoing contribution (purchase price). The exit fee is fixed irrespective of when you leave the village
  • When you leave the village you receive all of the capital gain for your house

For Example:

  • Purchase for $349,000 and sell in 10 years for $544,417*
  • You receive $544,417 less any selling costs and makeover of your house

Standard - Share in capital gain. Exit fee applies

  •  An exit fee is payable when you leave the village
  • The exit fee is 5% accrued per annum up to a maximum of 30% over 6 years
  • The fee is calculated on the value of your house when you leave - i.e. the sale price acheived on your house

For Example:

  • Purchaes for $304,000 and sell in 10 years for $544,417*
  • Your exit fee is $544,417 X 30% = $163,325
  • You receive $544,417 - $ 163,325 = $381,092 less any selling cost and makeover of your house

Traditional - No share in capital gain. Exit fee applies

  • 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 $269,500
  • Your exit fee is $269,500 X 26% = $70,070
  • You receive $269,500 - $70,070 = $199,430 less any selling costs and makeover of yoru house

*This price is calculated on the assumption that the value of your house increases by an average of 6% per annum