Warwick Villa Price Lists
What are the costs of buying into Oak Tree Retirement Village Warwick?
- 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 3 & 4 Only. NOW SELLING
| Floor Plan |
Traditional. |
Standard. Share In Capital Gain. Exit Fee Applies |
|
Shellduck |
$210,000 | $240,000 |
|
Seagull |
$195,000 | $225,000 |
|
Seagull |
$195,000 | $225,000 |
|
Seagull Plus |
$205,000 | $235,000 |
|
Seagull Plus |
$205,000 | $235,000 |
|
Shellduck Plus |
$225,000 | $255,000 |
|
Shellduck Plus |
$225,000 | $255,000 |
|
Curlew |
$245,000 | $275,000 |
|
Starling |
$230,000 | $260,000 |
|
Starling |
$230,000 | $260,000 |
|
Starling |
$230,000 | $260,000 |
|
Starling |
$230,000 | $260,000 |
|
Starling |
$235,000 | $265,000 |
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 facilites
- Village security and monitoring
- All building and villa insurance
- The running of all village facilities and incidentals
- Rubbish removal
| Starling & Curlew: 3 BEDROOM | $95.50 Per Week |
| Shellduck Plus: 2 BED + SDY | $92.50 Per Week |
| Seagull: 2 BEDROOM | $89.50 Per Week |
Our Purchase Options Explained
Below are simple explanations of the same villa (The Seagull) using the two purchases options available at Oak Tree Retirement Village Warwick.
Traditional Offer - No Share in Capital 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 contrubtion (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 5% for the first two years and then 4% for each subsequent year up to a max of 26% over 6 years
For Example:
- Purchase your villa for $195,000 and sell in 10 years for $402,940**
- Your exit fee is $195,000 X 26% = $50,700
- You receive $195,000- $50,700 = $144,300 less any selling costs and villa makeover
Standard - Share in capital gain. Exit fee applies
- An exit fee is payable when you leave the village
- The exit fee of 6% for the first year and then 5% per annum for each consecutive year up to a maximum of 36% over 7 years
- The fee is calculated on the value of your villa when you leave - i.e the sale price achieved on your villa
For Example:
- Purchase for $225,000 and sell in 10 years for $402,940**
- Your exit fee is $402,940 X 26% = $104,764
- You recieve $402,940 - $104,764 = $298,175 less selling costs and villa makeover.
* Except for any refurbishment works required due to accelerated wear and deliberate damage caused by the resident
** This price is calculated on the assumption that the value of the villa increases by an average of 6% per annum