Platz St, Toowoomba Financial Matters
Weekly Fees
The costs associated with operating the Village are funded by the residents through payment of weekly fees.
Your weekly fee will include two components:
- Your General Service Charge; and
- Your Maintenance Reserve Fund Contribution.
Additional costs
You will be responsible for additional costs of living in the Village, including:
- Your personal utilities (telephone, internet, electricity and gas – if applicable); and
- Your contents and vehicle insurance policies.
Please note: The current weekly fees may be subject to change in the future. While we expect to propose an increase in next year’s budget, at this stage we can’t confirm the amount. Ultimately, any increases above CPI are generally subject to the approval of residents so you have the assurance that the residents/your neighbours have the last say.
Exit Fee
Our financial models are based on an upfront payment structure with an exit fee.
Oak Tree Village Platz Street, Toowoomba offers two options:
Balanced Option
- The maximum exit fee of 36% (accrued over 6 years) calculated on the Ingoing Contribution (your purchase price)
- 50% share of any future Capital Gain
Value Option
- Maximum exit fee of 26% (accrued over 6 years) calculated on the Ingoing Contribution (your purchase price)
- No share of any future Capital Gain
Or call us on 1300 367 155