There are many advantages to retirement villages in Melbourne, Australia. The city offers a unique blend of sumptuous cuisine, a rich cultural heritage and scenic locations. With retirement villages, residents can live a relaxed and carefree life with low maintenance homes. Residents can attend activities as they wish, come and go as they please and engage in village life as much or as little as they want. Retirement communities in Melbourne offer amenities that are both convenient and affordable.
If you’re considering retiring to a retirement village, you may be concerned about the cost of living. Although many of these communities are well-designed, their fee structures can be quite confusing. Many of them charge deferred management fees, which are often a third of the sale price. Whether you’re thinking about leaving a retirement community or staying put is an important question to consider. In order to avoid being overburdened with costs, read the contract terms and check if there are any exit options. You don’t want to end up paying for maintenance costs when you decide to move out.
The trailblazing pioneers of retirement living, The Benson Toorak has been setting new standards for over 35 years. The retirement villages Melbourne, named after these pioneers, challenge the status quo, constantly adapting to meet the needs of residents. The various living options include assisted living, residential aged care, and specialist dementia care. Residents can choose between a number of different living styles that best suit their needs and lifestyles. Read on to learn about each living option and how The Benson Toorak can meet your individual needs.
Water efficiency is the ethos of Lendlease’s retirement living projects. Water-saving projects have reduced water bills for residents by more than $180,000. The company has committed to using water more efficiently and saving 17 Olympic-sized pools of water across its portfolio. To achieve this goal, it has partnered with WaterGroup to install smart meters across its portfolio. Smart meters enable village operators to identify leaks in real-time, helping Lendlease improve operations.
Lendlease’s no exit fee contract
If you’re considering living in a retirement village, you’re not alone. One out of every 20 Australians lives in a retirement village. However, not everyone is happy with the contract The Benson Toorak. There are some things you can do to protect yourself. One good way is to avoid the “no exit fee” contract. It’s a new initiative that aims to protect your interests.