Buying or selling a retirement village property
We have been assisting clients with selling and buying retirement village properties for over 25 years. This can be a very daunting experience when moving from your own home into a village which may be set up as strata title, but more often as a 99 year lease or a right to occupy under a retirement village contract. There are many considerations and aspects which will require our expert advice such as the departure fee, whether you share in the capital gain or loss when you sell, various ways in which the village contract can be terminated, charges for general services and how they can be increased annually, optional services for cleaning and meals, the payment for these services if you are absent or when you terminate the contract, repairs and maintenance.
Contact our expert team
Call us on 02 9987 1399
or 0414 785 071
Office: Suite 4B, Ground Floor, 32-34 Florence Street, Hornsby, NSW 2077
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