Page 26 - Waterbrook Bowral Brochure
P. 26
Ensuite Bath
Living
Bedroom 2
Ensuite Bath
Master Living
Bedroom 2 Monthly Levy
Bedroom
Master How it This contribution is classed as an annual levy and is
Bedroom Laundry Study FP calculated on a monthly basis. This budget operates as
a not for profit account and is approved by Residents
annually. It includes all staff, Resort operations, Council
Laundry Study FP rates, insurances, building maintenance, utilities and
Works Linen water. Separate from this levy, Waterbrook funds the
restaurant operation shortfall, capital maintenance
Garage Dining expenses and other operational expenses that are not
Linen provided for as part of the Resident levy.
Garage Dining
Pantry
Kitchen
Purchasing a Waterbrook residence is a little different to Akuna Dining
Pantry
buying a regular home. Kitchen Waterbrook operates two restaurants at Bowral. These restaurants are operated
and funded by the Waterbrook Management Account. It is accepted by
At Waterbrook you will be entering into a 99-year Waterbrook Management that these restaurants operate at a loss, however to
Leasehold Agreement. The 99-year Lease is registered assist us with the operation of these areas, we request a minimum spend per
on Title and a Services Agreement is provided which is month. If you are on holiday or are absent from the Resort for an extended
binding for the Operator of the Resort. There are also period, this charge can be credited to your account.
several NSW Department of Fair Trading laws which
regulate retirement villages like Waterbrook to ensure Departure Fee
all Residents are protected. The Retirement Villages Act
When a Resident vacates their residence, there is a fee payable, commonly
1999 and the Retirement Villages Legislation 2000 are
known as an exit fee or departure fee. This fee typically provides for a number of
Residence 2 the most relevant pieces of protective regulations for 2-18 Centennial Road, Bowral
Bedroom + study
essential budgets:
Residents.
a) A contribution to the maintenance account which is established to fund the
Residence 2 Bedroom + study There is no stamp duty applicable to purchasing at Resorts and residences capital replacement.
2-18 Centennial Road, Bowral
Room Sizes Dimensions Sqm Residence size Sqm
Waterbrook. To secure a residence, a deposit is required
b) It covers the expense of refurbishing the residence once vacated, in order
which is held in our Solicitor’s Trust Fund and is fully
Living 5.0 x 4.8 24.0 Internal to maximise the resale price.
123.0
Residence size Sqm
Room Sizes Dimensions Sqm refundable should you change your mind prior to
408
Kitchen / Dining 6.0 x 4.3 25.8 External c) The departure fee also provides for a management fee for the Resort Group.
settlement.
Living 5.0 x 4.8 Master Bedroom 4.1 x 3.5 Internal 14.3 123.0 Garage 40.0 Waterbrook gives no warranty or makes any representa ons about the
24.0
Kitchen / Dining 6.0 x 4.3 Bedroom 2 25.8 3.0 x 3.0 External 9.0 408 Total 571 accuracy of the informa on or representa ons made. Illustra ons are
representa ve only of the designs and to be used as a guide only. The
Master Bedroom 4.1 x 3.5 Bedroom 3 14.3 - Garage - 40.0 Waterbrook gives no warranty or makes any representa ons about the informa on is provided solely as general informa on and the final
accuracy of the informa on or representa ons made. Illustra ons are
product may differ from what is displayed.
Bedroom 2 3.0 x 3.0 9.0 Total 571 SCALE 1:100 @ A3 Copyright Waterbrook Lifestyle Resorts 2019
representa ve only of the designs and to be used as a guide only. The
Bedroom 3 - - informa on is provided solely as general informa on and the final
SCALE 1:100 @ A3 product may differ from what is displayed.
Copyright Waterbrook Lifestyle Resorts 2019