Village description
Vermont Estate is a beautifully designed village with a friendly, caring community nestled in a leafy, well-established area of Adelaide’s southwest.
Property description
Choose from a range of villas and Serviced Apartments, featuring modern layouts and high quality finishes.
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Overview 1989 village established 112 village units
Village parking Parking for boats / caravans (subject to availability) Village features Activities/games area Arts and crafts area BBQ area outdoors Billiards Communal gardens Community room or centre/club house Dining room Emergency call system Hairdressing salon Library Pet friendly (subject to approval) Wellbeing centre Property features Garden area/courtyard Personal services (included) Cleaning Laundry Meals Optional services (user pays) Cleaning Laundry Meals Medical Podiatry Deliveries from Chemists -
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Base (DMF)
Legal Tenure/contractual arrangement Settling-in period (if any) Ongoing fees period (if any) Loan/Lease (non-owner resident) 6 months 90 days Guaranteed buyback period (if any) 6 months Entry fees Entry price $149,000 - $150,000 Other costs/fees - Legal costs/fee
Ongoing fees (Current as at 1 July, 2017) Service/maintenance fee Serviced apartment services fee $876.85/month $482.47/month Total monthly charges Costs not included in ongoing fees $1,359.00 (approx.) - Contents insurance
Departure fees Deferred payment Maintenance/replacement fund fee 5% of entry price per year for a maximum of 5 years (25%) 2% of resale price (or greater of entry price and resale price) for a maximum of 5 years (10%) % of any capital loss Other costs/fees 0% - Reinstatement costs
- Legal costs/fee
Departure entitlement (Less above departure fees) Entitlement % of any capital gain Refund of entry price 0% Departure entitlement calculator (Based on entry price of $150,000) Capital gain Deferred payment Maintenance/
replacement fund feeEstimated total entitlement $0 $16,350 $7,957 $41,093 -
Legal
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Loan/Lease (non-owner resident)
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6 months
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90 days
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6 months
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No
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Entry fees
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Ongoing fees
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$876.85/month
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$482.47/month
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Costs not included in ongoing fees
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Departure fees
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5% of entry price for a maximum of 5 years
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2% of resale price (or greater of entry price and resale price) for a maximum of 5 years
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0%
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Departure entitlement (Less above departure fees)
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Refund of entry price
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0%
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Prepaid Plan
Legal Tenure/contractual arrangement Settling-in period (if any) Ongoing fees period (if any) Loan/Lease (non-owner resident) 6 months 90 days Entry fees Entry price $149,000 - $150,000 Upfront payment 19% of entry price Other costs/fees - Legal costs/fee
Ongoing fees (Current as at 1 July, 2017) Service/maintenance fee $876.85/month Total monthly charges Costs not included in ongoing fees $877.00 (approx.) - Contents insurance
Departure fees % of any capital loss Other costs/fees 100% - Reinstatement costs
- Sale costs/fee
- Legal costs/fee
Departure entitlement (Less above departure fees) Entitlement % of any capital gain Refund of entry price 100% Departure entitlement calculator (Based on entry price of $150,000) Capital gain Deferred payment Estimated total entitlement $14,170 $0 $79,570 -
Legal
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Loan/Lease (non-owner resident)
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6 months
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90 days
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No
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Entry fees
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19% of entry price
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Ongoing fees
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$876.85/month
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Costs not included in ongoing fees
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Departure fees
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100%
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Departure entitlement (Less above departure fees)
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Refund of entry price
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100%
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Refundable Contribution
Legal Tenure/contractual arrangement Ongoing fees period (if any) Loan/Lease (non-owner resident) 0 days Guaranteed buyback period (if any) 60 days Entry fees Entry price $149,000 - $150,000 Premium (included in entry price) 30% of entry price Establishment Fee 3.5% of entry price Ongoing fees (Current as at 1 July, 2017) Service/maintenance fee $876.85/month Total monthly charges Costs not included in ongoing fees $877.00 (approx.) - Contents insurance
Departure fees % of any capital loss 0% Departure entitlement (Less above departure fees) Entitlement % of any capital gain Refund of entry price 0% Departure entitlement calculator (Based on entry price of $195,000) Capital gain Deferred payment Estimated total entitlement $0 $0 $85,020 -
Legal
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Loan/Lease (non-owner resident)
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0 days
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60 days
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No
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Entry fees
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30% of entry price
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3.5% of entry price
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Ongoing fees
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$876.85/month
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Costs not included in ongoing fees
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Departure fees
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0%
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Departure entitlement (Less above departure fees)
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Refund of entry price
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0%
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Send enquiry to see legal and fee information.
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