If you’re thinking of moving into a retirement village, there are lots of things to weigh up and money is one of the biggest considerations.
Retirement living expert Rachel Lane, author of the best-seller “Aged Care, Who Cares’’ and “Downsizing Made Simple’’, says that when people are choosing a retirement village, they often don’t pay enough attention to the things that will affect them both while living in the village and when they leave.
“Retirement villages can be very different, and it is not as simple as comparing apples with apples,” Ms Lane said.
“For a true cost comparison, you need to look beyond the upfront fees and factor in ingoing, ongoing and outgoing costs such as exit fees.”
The latest retirement community on the Gold Coast, The Verge at Burleigh G.C., offers a contract specifically designed to increase financial certainty for retirees. It gives retirees clarity, certainty and confidence at every stage.
The team at RetireAustralia, who own and operate the new vertical retirement village overlooking the 10th tee of the Burleigh Golf Course, say they understand that retirees need certainty about their financial future.
“Moving into a retirement village is a big decision and retirees might feel concerned about affordability and hidden costs,” said RetireAustralia Chief Executive Officer, Dr Brett Robinson.
“It’s important to us that retirees and their family members have peace of mind from the very beginning. That’s why our sales contract for The Verge offers a simplified financial process and a high level of financial clarity at every stage,’’ Dr Robinson said.
“We specify, upfront, what the costs are and what they cover. So residents know exactly what they will need to pay for the duration of their stay at The Verge. The monthly service fees will be charged on a cost-recovery basis only and cannot be increased more than the Consumer Price Index without the approval of village residents.
“For further peace of mind, from the day residents move in, they will know the outgoing payment they will receive. In uncertain times, many people find it comforting to know where they stand financially. ”
Set beside Burleigh Golf Club’s 10th tee, The Verge offers residents access to a rooftop terrace, bar and Wellness Centre with a gym, consultation rooms for allied health professionals, indoor and outdoor activity areas and its own “Tee House” café. The location also offers an exceptional coastal lifestyle, close to the beach and top dining experiences, shopping and entertainment hubs.
Lorelei Bache, the first future resident to register an expression of interest in a home at The Verge, said the village’s prime location and layout “ticked all the boxes’’ for her.
She said it would also allow her to keep busy, forge new friendships, and take advantage of the myriad opportunities to pursue new hobbies and interests.
“The Verge provides the perfect indoor/outdoor lifestyle. The Gold Coast’s prime lifestyle location is between Broadbeach and Burleigh, and from my apartment, I will also have a lovely view of the golf course.”
‘The other benefit to vertical living at The Verge is the safety and security you get from being elevated, the ability to lock up and go as I please means I can live the life I want. And the low maintenance lifestyle is very appealing, leaving more time for family, friends and my new hobbies. ‘
The Verge offers stylish one-, two- and three-bedroom apartments with spacious balconies and floor-to-ceiling windows with expansive views. Every apartment has been thoughtfully designed to offer a low-maintenance lifestyle, with privacy, security and age-friendly layouts to suit changing needs.
Construction at The Verge is well underway with a number of independent living apartments already secured. One-bedroom apartments are priced from $510,000. Enquire now!
For more information or to register your interest in an apartment at The Verge, visit thevergeburleigh.com.au or call 1800 955 070.