Affordable retirement living
offering a comfortable & carefree lifestyle
Because we know not everyone is the same, Oak Tree Retirement Village Warwick offers different purchase options to help meet different financial needs and circumstances. This allows more people to afford and enjoy a care-free retirement lifestyle with Oak Tree. Many Oak Tree residents have capital left over from the sale of their family home.
Your costs to purchase a home at Oak Tree Retirement Village Warwick include:
A choice of two purchase options is available:
Purchase your villa at a discounted price and take no share in the capital appreciation of the villa at time of resale. An exit fee applies and is calculated on your original purchase price. The exit fee payable is a maximum of 26% and formulated at 5% for the first two years and then 4% for each subsequent year up to 6 years.
Purchase your villa today and share in the capital appreciation gained overtime.
An exit fee is payable and calculated on the value of the villa at the time of resale (upon leaving the village). This value is agreed upon by the resident and Oak Tree.
The exit fee payable is a maximum of 26% of the resale value and is calculated as follows:
Capped at a maximum rate of 36% for the first six years, the exit fee is applied to your purchase price (or ingoing contribution)
When you leave the village, your villa will be resold to a new resident and any capital gain in the value of your villa and costs required to reinstate the villa for resale will be shared equally between up you and Oak Tree.
This is a true partnership option.