Ocean Gardens must certainly be the best location for a Village in Perth, if not Australia. Stunning views and sunsets to be seen to be believed, in many cases right from your kitchen.
We anticipate that your villa or apartment will grow in value at around the same rate as residential property in City Beach. However, when you sell your villa or apartment, a significant part of the sale proceeds will go to Ocean Gardens under the Lease Agreement.
Ocean Gardens' main source of income is its share of the proceeds of sale of villas and apartments. Most villages in Australia operate this way. This money funds all major works and preventative maintenance in the village, and the upkeep of villas and apartments.
The fabulous facilities that you will enjoy as a resident of the village were paid for by previous residents, who contributed a share of their sale proceeds to the village. When you sell your villa or apartment, you will contribute a share of your sale proceeds to our future residents.
When the time comes to sell your villa or apartment, we will do our best to achieve a sale as quickly as possible, but the timing of the sale will depend upon how much refurbishment is required, the state of the property market in Perth and whether the purchaser has to sell their own home to fund the purchase.
Get in touch to organise a tour of Ocean Gardens
We'd love to introduce you to our impressive village and unique package of lifestyle, location, and services.
Ocean Gardens is a not-for-profit organisation,
which means that all its income is spent on the village.
No dividends or other payments are made to investors or shareholders.
Purchasing an apartment or a small lot development will usually be a far better financial investment than purchasing a home in a retirement village. If you are in your 60s, in good health and expect to stay in good health, moving to a retirement village may not be the best option for you at this time.
Regardless of your age, you should give serious consideration to the financial consequences of purchasing a home in a retirement village and seek financial advice if you are unsure what to do.
You should also consider the following factors: