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
   21   22   23   24   25   26   27   28