MARIAN GROVE NEW RELEASE
FREQUENTLY ASKED QUESTIONS
What will make me decide to live at
Marian Grove Lifestyle New Release
You can enjoy the freedom to continue to live independently in a relaxed, safe and secure environment, whilst living in a high quality, low maintenance luxury apartment with a sense of community.
How many apartments in the complex?
There are a total of 51 apartments, comprising of
4 x 1 bedroom; 31 x 2 bedroom; 16 x 3 bedroom.
Who is the building contractor?
The building contractor is Hutchinson Builders - established since 1912 and are a highly regarded national contractor - in fact, Australia's largest privately owned construction company, originally from Brisbane, now with 20 offices throughout Australia.
When will the apartments be ready to move into?
The New Release was completed in June 2020. The apartments are now ready to move into.
What is the cost to become a resident
Once you have chosen your preferred apartment, the entry price (called the Entry contribution) is dependent on the size, style and location of that apartment.
The apartments range in price from $390,000 to $790,000 with the average being $600,000.
A full price list is now available.
Deposits of $10,000 (which are fully refundable should you decide not to proceed) are now being taken to reserve your chosen home.
What are the terms of occupancy?
Occupancy of the apartments is by way of Loan License Agreement which affords the resident uninterrupted right of residency under the terms and conditions of the agreement.
What are the ongoing fees payable?
The ongoing fees for being a resident in a retirement village are known as Recurrent Charges. They are the costs for running the village, such as repairs and maintenance, grounds care, administration and management, accounting and auditing, plant and equipment, insurances and utilities.
As at July 2020, the monthly recurrent charges for couples is $532 and singles is $440. This amount increases annually in July, based on the increases in the Single Aged Pension.
Is there a Departure Fee?
Yes. There is a departure fee payable when the resident leaves the apartment. It is capped after 3 years at 35% of the entry price. Upon leaving the village, you will be refunded 65% of that entry price (or pro rata should you vacate prior to 3 years).
Do I have to pay Stamp Duty?
No. There is NO Stamp Duty payable, thus providing a substantial saving.
Can I leave the apartment to any of the family?
No, under the terms of the Loan agreement the actual apartment itself cannot be bequeathed. You are entitled to the refundable interest free loan and this may be bequeathed in the usual way.
Can I rent out our apartment?
No. To maintain the standard of a safe secure environment for residents, all apartments are to be owner occupied by long term residents at a similar stage in life.
Can I have family, grandchildren, or guests stay over?
Yes, short stays are permissible - longer stays are to be approved by management.
Who pays the rates?
Water, land and sewerage rates are paid by Marian Grove.
Who pays for telephone, electricity, pay TV, internet wifi etc?
Residents are responsible for payment of their own electricity and telephone connection and use. Foxtel and similar pay TV subscriptions are user pays. The Wifi (only) is $50 per month.
Do I need Home and Contents Insurance?
Marian Grove insures all buildings however the residents are responsible for insurance of their personal possessions.
Does Marian Grove have a resident emergency response pendant?
Yes – an emergency pendant and call system from Safety Link is provided to each apartment with 24/7 access to a trained phone operator
I have a musical instrument that I play - can I bring it with me?
Depending upon the instrument, the laws regarding noise and nuisance will be no different to those in the general community. Under the agreement, noise should not cause nuisance outside of any unit between the hours of 10pm and 9am.
Can I have a pet?
Yes - we recognise the benefits of pets in people's lives through companionship, social interaction and wellness. Research has shown that one good way to improve wellbeing is through regular interaction with animals.
You may have a small breed dog, cat, small caged bird or fish in a bowl - all of which is subject to management approval and must adhere to the Village Pet Policy.
Can I smoke in my apartment?
Smoking is permissible, but please be mindful of your neighbours.
Do I need to provide a medical certificate or reports to verify I can live independently?
No, the village is for independent living.
Do I need to provide documentation of any medical conditions or medications? If so, who will access this?
No, although it is advisable in the event of an emergency. All records are held pursuant to the provisions of the Privacy Act 1988.
What happens if my partner requires additional care, and I can no longer stay in the unit,
do I have to leave as well?
As long as you are jointly on the Loan Agreement, you do not need to leave the apartment.
What type of village transport is available for residents?
There is a Village Bus that runs free regular return trips to Toormina Shopping Centre, Coffs CBD
and Park Beach Plaza for shopping.
Am I responsible for the replacement of any capital items, such as roofing, guttering, the bus etc?
No. All of these expenses are the responsibility of the owner. Unlike some villages or complexes, a sinking fund is set up with the residents money, Sawtell Catholic Care acknowledges its liability to meet these expenses.
What is the distance of the major public places of interest from the village?
The local shopping centre - Toormina Gardens Shopping Centre is 800m
Coffs Harbour Health Campus (Hospital) - 5km's
Airport - 5.5km's
Train Station - 6.7km's
Public Bus Stop - 300m
CBD - 6.3km's
Sawtell Cafe District & Cinema - 2.5km's
Sawtell Beach - 2.8km's