Independent Living Units - Price Structure

Effective 1st September 2015

There are 4 options available on entry to the Inasmuch Lifestyle Village Independent Living Units/Villas and negotiation can be applied to some accommodation. Conditions apply.

Option 1:
Ingoing Contribution with Retentions;
The nominated Ingoing Contribution is paid and a retention amount of 7% calculated daily for a maximum period of 4 years will apply. The balance after the retention amount has been deducted will be refunded to the resident or his or her estate on departure from Inasmuch in accordance with the Retirement Village Contract.

Option 2:

Ingoing Contribution with Non-Refundable Option; The Ingoing Contribution is paid. This option consists of a non refundable contribution to Inasmuch. There will be no refund on departure and will be in accordance with the Retirement Village Contract.

Option 3:
Ingoing Contributions with Retentions;
The nominated Ingoing Contribution is paid. The retention amount of 3.5% calculated daily for a maximum period of 4 years will apply. The balance after the retention amount has been deducted Will be refunded to the resident or his or her estate on departure from Inasmuch in accordance with the Retirement Village Contract.

Option 4:
Ingoing Contributions - Fully Refundable;
The nominated Ingoing Contribution is paid to Inasmuch on the signing of the contract. The full amount of the contribution will be refunded to the resident or his or her estate on departure from Inasmuch in accordance with the Retirement Village Contract.

Serviced Apartments
  Sale Price   Option 1   Option2   Option 3 Option 4
$104,475 $104,475 - - -
Independent Living Units
$262,500 $262,500 $126,000 $315,000 $388,500
$288,750 $288,750 $138,600 $346,500 $427,350
$325,500 $325,500 $156,240 $390,600 $481,740

Note:
Any part of the Ingoing Contribution which remains outstanding after the agreed entry date will attract Interest (calculated daily).

When a unit is occupied by a couple or more than one (1) person the Ingoing Contribution is only refundable once all persons nominated on the Retirement Village Contract have departed the accommodation.

Prices may be subject to change.