Overview

Brown Acre Villas is a lifestyle community which, when completed, will consist of 68 two-bedroom residences plus a caretaker’s house all constructed within a fenced compound with one point of entry.

Tenure is by way of a Unit Title (Stratum Estate in Freehold) and owners are entitled to sell their property at any time on the open market and receive the full proceeds of the sale.

This is in contrast to most Retirement Villages where the tenure is by way of Licence to Occupy with owners being required to sell to the Village Operator at a pre-determined price.

At Brown Acre Villas, residents are required to be a minimum of 50 years of age but it is permissible for younger people (children, grandchildren) to stay with a resident for up to two weeks at a time.

Residents pay fees for services provided within the village which include lawn mowing and garden maintenance, weekly rubbish collection, emergency pager, monthly window cleaning and exterior maintenance of the villas.

Within the fee structure (paid fortnightly in advance) there is a sum payable to the Body Corporate (a body in which all owners are members) which covers building insurance. Residents pay their own contents insurance, rates and utility charges.

Village fees are adjusted annually on 1 April by the movement in the Consumers Price Index (all groups).

Brown Acre Villas is the latest in a series of similar developments. Evidence from other villages points to very high satisfaction levels from residents.