Riverway Townsville Village Pricing

Selling Now

Looking to retire in the Townsville Region of North Queensland? Visit Oak Tree Retirement Village Riverway to see what's available.

At Oak Tree we’re committed to providing quality homes for seniors at affordable prices. Centrally located just 30 minutes south of Townsville, Oak Tree Retirement Village Riverway offers functional, beautifully appointed villas that allow for independent, maintenance free living. There are a range of  2, 2 plus study and 3 bedroom villas available within a close knit community.

Visit the village in Riverway, Townsville for a tour and see what's selling now.

Please make contact with our Village Manager to clarify which villas are currently available.

General Service Charges

$110.72 per week

The cost to operate the Village is funded by the residents through the payment of General Service Charges.

The General Service Charges fund the costs associated with the day-to-day management and maintenance of the Village.

Additional costs for you are your personal utilities (telephone and electricity) and contents insurance.

Please Note: General Service Charges are reviewed and amended annually on 1 July. Additional details are included in the Public Information Document.

The Total Operating Costs funded by the Weekly Recurrent Charge include (but are not limited to):

  • Council rates, water, waste and sewerage services;
  • External pest control (annually);
  • Air conditioning servicing (annually);
  • External pressure cleaning of all buildings and common areas;
  • Garden maintenance for all common areas and yards;
  • Insurance of the Village’s community facilities and the structural components of the Villas;
  • Lights and power costs for common areas and the Village Centre;
  • Management costs including the Village Manager and support team salaries;
  • Administration costs including postage, printing, stationery and IT costs; and
  • Taxes and statutory costs.

Deferred Management Fee (Exit Fee)

Standard 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.
  • 50% share of villa reinstatement costs
Standard Option