Under Offer! Charming fully refurbished 2 Bedroom Villa in East Bunbury

Description

UNDER OFFER!

This unit is currently under offer. However, if you are interested in similar units within our Retirement Villages, please feel free to call or email us. We would be happy to add you to our contact list for upcoming opportunities.

Experience the perfect retirement lifestyle at Villa 6, located in the peaceful and well-maintained retirement village managed by Retirees WA, a not-for-profit organization dedicated to empowering seniors in Western Australia. This exclusive Lease for Life opportunity is designed for individuals aged 55+ who are not employed full-time, offering a secure, low-maintenance, and community-focused living environment with reduced living costs.

Rare Opportunity in a Highly Sought-After Village
Villas in this meticulously managed village rarely come on the market, making this your chance to secure a home in one of East Bunbury’s most desirable retirement communities. Don’t miss out on this unique opportunity to embrace a relaxed and fulfilling lifestyle.

Prime Location in East Bunbury
Located at 6 / 14-18 Skewes Street, East Bunbury WA 6230, this independent living villa is perfectly positioned in one of Bunbury’s most convenient and vibrant suburbs. East Bunbury is renowned for its excellent amenities, including the Bunbury Forum Shopping Centre just a short drive away, offering a wide range of retail, dining, and entertainment options.

Furthermore, easy access to public transport, including bus routes, connecting you to the wider Bunbury area and beyond.

Your New Home Awaits
This spacious 2-bedroom, 1-bathroom villa is designed for comfort and convenience, featuring:

• A cozy living area perfect for relaxation or entertaining.
• A fully equipped kitchen with modern appliances.
• Two generously sized bedrooms, the master with walk in robe, second bedroom with built-in robe.
• A large bathroom designed for practicality and ease of use.
• A private courtyard and storage shed, ideal for outdoor enjoyment and organization.
• Undercover parking and convenient visitor parking.
• Solar panles for reduced power bills

Lease for Life Benefits

• Exempt from Local Council Rates and Stamp Duty, saving you thousands.
• A low monthly maintenance fee of just $360, covering all common area upkeep.
• The unit will be refurbished at settlement, ensuring a fresh and welcoming start.
• Modern comforts including a gas bayonet.
• A duress alarm for added security and peace of mind.

1. Pet-Friendly and Community-Oriented
   We understand the importance of companionship, which is why our village is pet-friendly, ensuring your furry friends are welcome. Join a vibrant community of like-minded individuals, where social activities and a supportive atmosphere await.

How the “Lease for Life” Works

Choosing a “Lease for Life” with Retirees WA means purchasing the lease at market value, granting you the exclusive right to occupy the unit and use all common facilities (if applicable). The lease ends when the last occupying resident vacates the unit. Unlike traditional home ownership, the land title does not transfer to you.

Financial Details and Costs

During occupancy, residents are responsible for the following costs:

• Monthly Maintenance Fee: This covers common village expenses such as administration, pest control, building insurance, utilities for common areas, gardening, rubbish removal, and maintenance. The fee is reviewed annually.
• Utility Charges: Residents pay for their unit’s water, electricity, gas, telephone, and other service charges.
• Insurance: Retirees WA insures the unit and the original fixtures but you must insure your personal belongings. 

Maintenance and Responsibilities

As a resident, you are responsible for maintaining and repairing your unit only from the back fence to the outside of the front door. Retirees WA ensures that common areas are well-kept, covering these costs through the village maintenance account. This means you can enjoy a low-maintenance lifestyle, focusing on what matters most to you.

Understanding the Outgoing Refund

When the lease ends, the outgoing refund is calculated by deducting certain fees from the new resident’s ingoing payment:

• Deferred Management Fee (DMF): 2.5% of the subsequent resident’s ingoing payment per year, capped at 25%.
• Major Refit Contribution (Sinking Fund): 1% of the subsequent resident’s ingoing payment per year, capped at 10%.
• Additional Costs: Including outstanding maintenance fees, water usage, selling fees, settlement fees, and refurbishment costs.

The outgoing resident or their estate receives the payment within 7 business days after the subsequent resident pays for the lease.

Why Choose Retirees WA?

Choosing Retirees WA’s “Lease for Life” offers numerous advantages:

• Security and Stability: Long-term leasing provides peace of mind.
• Community Living: Enjoy the companionship of like-minded seniors in a supportive environment.
• Reduced Living Costs: Exemption from Stamp Duty and Local Council Rates ensures affordable living. Low monthly maintenance fees further enhance financial relief.
• Low-Maintenance Lifestyle: Focus on enjoying your retirement while we take care of common area maintenance.

Why Wait?
With its prime location, low-maintenance lifestyle, and rare availability, Villa 6 is the perfect place to start your next chapter. Embrace the freedom, security, and community spirit that Retirees WA offers.

For more details about our “Lease for Life” contracts, the Retirement Villages, or any other inquiries, please contact Andrei at 0476 776 747 or email andrei@retireeswa.com.au.