PRICING
To occupy an independent living unit residents agree to pay an entry contribution to Glengollan Village. This allows residents to occupy one of our units and use the village facilities. There is also a fortnightly service charge used towards costs of: staff, general insurances, repairs and maintenance of community facilities, maintenance and repairs to the exterior of the units, communal gardens and grounds upkeep, as well as council and water rates.
Residents are responsible for all gas, electricity, phone expenses and internet, water usage (where metered separately) as well as any contents insurance for personal belongings.
Most retirement villages use a DMF (deferred management fee or exit fee) to reduce the purchase price and allow residents to pay the fee when they leave. This means that residents can use their savings while living in the village, and enjoy a better lifestyle. At Glengollan, we take a fairer approach with the payment evenly spread over 7 years. From contract signing, residents have 90 days to move in and when residents leave, the balance of funds are returned in 90 days, providing extra peace of mind. We advise prospective residents to obtain independent financial advice.
Rental Only $286.80* per week
Terms & conditions apply. Glengollan Village encourages prospective residents to seek advice on the costs shown from their legal and/or financial advisor. *CPI adjusted
Rental Only $428.50* per week
Terms & conditions apply. Glengollan Village encourages prospective residents to seek advice on the costs shown from their legal and/or financial advisor. *CPI adjusted
|
Entry Contribution |
$530,000 to $570,000 |
| Deferred Fee (over 7 years) | $159,000 to $171,000 |
| Max. Maintenance Refurbishment | $20,000 |
|
Long Term Maintenance Fund (1% of entry contribution) |
$5,300 to $5,700 |
| Min. Refundable Balance | $345,700 to $393,300 |
| Service Fee (fortnightly) |
$288.80* |
Please note that all fees quoted are to be confirmed at the time of negotiation of entry into the Village. Glengollan Village encourages prospective residents to seek advice on the costs shown from their legal and/or financial advisor. *CPI adjusted
|
Entry Contribution |
$580,000 |
|
Deferred Fee (over 7 years) |
$174,000 |
|
Max. Maintenance Refurbishment |
$20,000 |
|
Long Term Maintenance Fund (1% of entry contribution) |
$5,800 |
| Min. Refundable Balance |
$380,200 |
| Service Fee (fortnightly) |
$288.20* |
Please note that all fees quoted are to be confirmed at the time of negotiation of entry into the Village. Glengollan Village encourages prospective residents to seek advice on the costs shown from their legal and/or financial advisor. *CPI adjusted
| Entry Contribution | $600,000 – $620,000 |
| Deferred Fee (over 7 years) | $180,000 – $186,000 |
| Max. Maintenance Refurbishment | $20,000 |
| Long Term Maintenance Fund
(1% of entry contribution) |
$6,000 – $6,200 |
| Min. Refundable Balance | $394,000 – $407,800 |
| Service Fee (fortnightly) | $288.80* |
Please note that all fees quoted are to be confirmed at the time of negotiation of entry into the Village. Glengollan Village encourages prospective residents to seek advice on the costs shown from their legal and/or financial advisor. *CPI adjusted
|
Entry Contribution |
$630,000 – $ 650,000 |
|
Deferred Fee (over 7 years) |
$189,000 – $195,000 |
| Max. Maintenance Refurbishment |
$20,000 |
|
Long Term Maintenance Fund (1% of entry contribution) |
$6,300 – $ $6.500 |
|
Min. Refundable Balance |
$414,700 – $428,500 |
| Service Fee (fortnightly) |
$288.80* |
Please note that all fees quoted are to be confirmed at the time of negotiation of entry into the Village. Glengollan Village encourages prospective residents to seek advice on the costs shown from their legal and/or financial advisor. *CPI adjusted
|
Entry Contribution |
$700,000 – $730,000 |
|
Deferred Fee (over 7 years) |
$210,000 – $219,000 |
|
Max. Maintenance Refurbishment |
$20,000 |
|
Long Term Maintenance Fund (1% of entry contribution) |
$7,000 – $7,300 |
|
Min. Refundable Balance |
$463,000 – $483,700 |
| Service Fee (fortnightly) |
$288.80* + water usage |
Please note that all fees quoted are to be confirmed at the time of negotiation of entry into the Village. Glengollan Village encourages prospective residents to seek advice on the costs shown from their legal and/or financial advisor. *CPI adjusted
|
Entry Contribution |
$710,000 |
|
Deferred Fee (over 7 years) |
$213,000 |
|
Max. Maintenance Refurbishment |
$20,000 |
|
Long Term Maintenance Fund (1% of entry contribution) |
$7,100 |
|
Min. Refundable Balance |
$469,900 |
|
Service Fee (fortnightly) |
$288.80* + water usage |
Please note that all fees quoted are to be confirmed at the time of negotiation of entry into the Village. Glengollan Village encourages prospective residents to seek advice on the costs shown from their legal and/or financial advisor. *CPI adjusted
|
Entry Contribution |
$750,000 to $780,000 |
|
Deferred Fee (over 7 years) |
$225,000 to $234,000 |
|
Max. Maintenance Refurbishment |
$30,000 |
|
Long Term Maintenance Fund (1% of entry contribution) |
$7,500 to $7,800 |
|
Min. Refundable Balance |
$487,500 |
|
Service Fee (fortnightly) |
$288.80* |
Please note that all fees quoted are to be confirmed at the time of negotiation of entry into the Village. Glengollan Village encourages prospective residents to seek advice on the costs shown from their legal and/or financial advisor. *CPI adjusted
|
Entry Contribution |
$800,000 |
|
Deferred Fee (over 7 years) |
$240,000 |
|
Max. Maintenance Refurbishment |
$30,000 |
|
Long Term Maintenance Fund (1% of entry contribution) |
$8,000 |
|
Min. Refundable Balance |
$522,000 |
| Service Fee (fortnightly) |
$288,80* + water usage |
Please note that all fees quoted are to be confirmed at the time of negotiation of entry into the Village. Glengollan Village encourages prospective residents to seek advice on the costs shown from their legal and/or financial advisor. *CPI adjusted