Village description
Every day feels like a holiday at Classic Residences Brighton.
Property description
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Overview 1999 village established 371 village units
Unit parking 2 garages
Village parking Individual garage / carport / car space may be allocated upon request (subject to availability) General parking available for residents General parking available for visitors Village features Activities/games area Arts and crafts area BBQ area outdoors Beauty salon Billiards Bowling green Communal laundries Communal gardens Community room or centre/club house Dining room Gym Hairdressing salon Library Lounge Medical consultation room Pet friendly (subject to approval) Restaurant/café Shop Swimming pool Village bus Workshop Spa ATM Bar Boules pitch Cinema Guest accommodation suites Nurse clinic Putting green Table tennis Vegetable and herb garden Wellness Centre with a wide range of hydrotherapy and physiotherapy programs Optional services (user pays) Cleaning Hairdressing Laundry Meals Physiotherapy Podiatry Massage Maintenance Linen service Respite stay Personal care packages Secretarial assistance Nail technician -
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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 Entry fees Entry price $760,000 - $1,170,000 Other costs/fees - Legal costs/fee
Ongoing fees (Current as at 1 July, 2018) Service/maintenance fee $354.89 - $903.25/month Total monthly charges Costs not included in ongoing fees $355.00 - $903.00 (approx.) - Contents insurance
- Council rates
- Water rates
- Water usage
- Other utilities (excl. water usage)
Departure fees Deferred payment Maintenance/replacement fund fee -
1 year - 5% of resale price
Expand - 2 years - 10% of resale price
- 3 years - 15% of resale price
- 4 years - 18.5% of resale price
- 5 years - 22% of resale price
- 6 years - 25.5% of resale price
- 7 years - 29% of resale price
- 8 years - 32.5% of resale price
4% of resale price (or greater of entry price and resale price) % 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 $1,170,000) Capital gain Deferred payment Maintenance/
replacement fund feeEstimated total entitlement $253,500 $313,170 $56,940 $1,053,390 -
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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Ongoing fees
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$354.89 - $903.25/month
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Costs not included in ongoing fees
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Departure fees
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- Year 1 - 5% of resale price
- Year 2 - 10% of resale price
- Year 3 - 15% of resale price
- Year 4 - 18.5% of resale price
- Year 5 - 22% of resale price
- Year 6 - 25.5% of resale price
- Year 7 - 29% of resale price
- Year 8 - 32.5% of resale price
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4% of resale price (or greater of entry price and resale price)
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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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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 $760,000 - $1,170,000 Upfront payment 19% of entry price Other costs/fees - Legal costs/fee
Ongoing fees (Current as at 1 July, 2018) Service/maintenance fee $354.89 - $903.25/month Total monthly charges Costs not included in ongoing fees $355.00 - $903.00 (approx.) - Contents insurance
- Council rates
- Water rates
- Water usage
- Other utilities (excl. water usage)
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 $1,170,000) Capital gain Deferred payment Estimated total entitlement $253,500 $0 $1,423,500 -
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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$354.89 - $903.25/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 $760,000 - $1,170,000 Premium (included in entry price) 30% of entry price Establishment Fee 3.5% of entry price Ongoing fees (Current as at 1 July, 2018) Service/maintenance fee $354.89 - $903.25/month Total monthly charges Costs not included in ongoing fees $355.00 - $903.00 (approx.) - Contents insurance
- Council rates
- Water rates
- Water usage
- Other utilities (excl. water usage)
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 $1,521,000) Capital gain Deferred payment Estimated total entitlement $0 $0 $1,521,000 -
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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$354.89 - $903.25/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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