Character Retirement Villa - Fully refurbished before settlement

Villa 17 - Welcome home!

Inspection: Wed  26 Mar, 10:00 am

Discover the perfect retirement lifestyle at Villa 17, located in the serene 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
Units in this meticulously managed village rarely come on the market, making this your chance to secure a home in one of Duncraig’s most desirable retirement communities. Don’t miss out on this unique opportunity to embrace a relaxed and fulfilling lifestyle.

Prime Location in Duncraig
Located at Villa 17 / 7 Chessell Drive, Duncraig WA, this independent living villa is perfectly positioned in one of Perth’s most family-friendly and vibrant suburbs.

Pery Doyle Reserve, a serene green space perfect for leisurely walks and outdoor relaxation, is located just on the other side of the fence, providing a tranquil backdrop to your new home.

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 with built-in robes.
• A large bathroom designed for practicality and ease of use.
• A private courtyard and storage shed, ideal for outdoor enjoyment and organization.
• A single carport and convenient visitor parking just outside the unit.
• No common walls.

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.

Lease for Life Benefits

• Exempt from Local Council Rates and Stamp Duty, saving you thousands.
• A low monthly maintenance fee of just $315, covering all common area upkeep.
• The unit will be refurbished at settlement, ensuring a fresh and welcoming start.
• Modern comforts including split-system air-conditioning and a gas bayonet.
• A duress alarm for added security and peace of mind.

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.
• 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.

Join a vibrant community of kindred spirits, forge lasting friendships, and enjoy a sense of belonging in a stress-free environment, where all common areas are impeccably maintained.  Don't miss the chance to make the most of your golden years – schedule a viewing today and step into this splendid retirement village, situated North of the River. Your lease for life begins here!

Why Wait?
With its prime location and low-maintenance lifestyle, Villa 17 is the perfect place to start your next chapter. Embrace the freedom, security, and community spirit that Retirees WA offers.

Contact Andrei at 0476 776 747 to arrange a viewing.