Common Questions – FAQ’s
We know how important it is to you to have all the answers to your questions about your next big move. Here we attempt to answer many of the common questions that those looking to move into a Retirement Community Village have asked.
How much does it cost to enter the Village?
A $2,000 refundable deposit and a $1000 Administration Fee reserves your unit and fixes the agreed price. The balance of the Unit price is payable upon settlement.
At settlement you will have to pay the first monthly instalment of operating cost.
No Government Stamp Duty is applicable.
What other fees or charges do residents have to pay?
Every financial year (1st July – 30th June) we calculate the yearly Village “Operating Costs”. Residents share of the Operating Costs is a 1/30th share.
Residents are required to pay their share of Operating Costs by monthly in advance instalments.
What do residents receive for their monthly fees?
The monthly fees provides for:
- Use of the common facilities: including Community Centre, Alfresco BBQ area and the entertainment area.
- Administration and Management of the Village.
- Maintenance of all common Areas: lawns, gardens & reticulation, gutters cleaned. Club house facilities, walkways, driveways and fencing.
- Building maintenance (external).
- Building Insurance, (not including contents insurance)
- Fund for provision of future maintenance.
- Water consumption and rates.
- Free to air TV outlet (no antenna required).
What other costs are residents responsible for?
In addition to paying Operating Costs, they pay for:
- Electricity consumed in their unit.
- Telephone services, call charges and optional Internet usage.
- Natural gas consumed in their unit.
- Household Contents Insurance of their unit.
- Other services they choose to have exclusively provided at their unit e.g.: pay television; subscription to nurse call provider.
- Any other utility or consumption charge that is separately charged to their unit.
- Water Rates and usage are included in monthly fees.
- Only Garbage collection & Emergency Services Levy are charged by council (no rates) to residents.
- Local Government land rates are not charged.
What do residents have to do when they move in?
Other than having to put up a few picture hooks, each unit is complete. Each new home includes a clothes line, all window treatments and floor coverings, landscaping and painting inside and out.
Can residents make capital improvements?
Yes they can make capital improvements, they just need to seek Administration approval.
Can Residents have a say in the administration of the Village?
Absolutely! As a villa owner you are a part owner of the Village Community. Our Village Manager can provide you with further details of how you can be involved.
Is there public transport available?
There are frequent buses to and from Mandurah and the train station. These are within 200m walk from the village.
Can Residents have visitors?
Visitors are welcome. Residents may have guests stay for short periods of time, generally up to 8 weeks in any one year.
Is car parking provided?
Car parking facilities are available for each unit and limited visitors’ parking is also available.
Can Residents have pets?
Small pets are allowed, once residents have signed a written agreement.
Village Management
The Village’s senior management consists of:
- A board of Trustees,
- Village is managed by on site manager.
Sale of Unit
The process for the sale of a unit is clearly set out in the Lease.
In summary calculations are based on the sale price of the Lease. In this way the outgoing resident may benefit from growth that occurs in the market value of their unit.
Against the sale price the Trust is entitled to make deductions for amounts outgoing residents owe, namely for:
- A Deferred Fee
- A Reserve Fund Contribution
- Exit Fee
- Refurbishment Costs
- Any Unpaid Operating Costs
- Sales and Marketing Fees.
For further details please always consult the lease documentation.
Why are people buying in to Waratah Community Village?
Port Bouvard is an aquatic playground for West Australians. With it’s laidback atmosphere and proximity to the ocean and pristine waterways, it offers a haven for those who love life by the water. Port Bouvard straddles the famous Dawesville Channel, it lies with the Indian Ocean on the West and to the east, the wide expanses of the Peel Harvey Estuary system, the largest permanent inland waterway in Australia.
Absolutely nothing compares to the Port Bouvard Lifestyle and we insist on you enjoying it as much as you will enjoy the Waratah Village lifestyle.
