FAQ

Woodlands Retirement Village operates under a unique ownership model where the residents themselves are the shareholders. This structure distinguishes Woodlands from many other retirement communities, which typically follow a loan-lease agreement. At Woodlands, residents purchase their units outright under a Company Title arrangement, granting them full ownership rights without the burden of deferred management or exit fees. The governance of Woodlands is managed by a Board of Directors, elected annually by the resident shareholders. This ensures that residents have a direct say in the management and operational decisions affecting their community. The Board appoints a professional management team to oversee daily operations, ensuring that the village meets high standards of care and service for its residents. As owners, residents retain all capital gains from the sale of their properties, reinforcing the community’s commitment to providing a financially advantageous living arrangement. This model not only fosters a sense of ownership and belonging but also promotes an active and engaged lifestyle within the village, supported by various amenities and community activities designed for residents aged 55 and over.

No. Woodlands Retirement Village distinguishes itself from other retirement villages through its unique Company Title ownership model. In this arrangement, when residents purchase a unit or serviced apartment at Woodlands, they gain full ownership of the property. Unlike traditional retirement villages, which may be operated by external entities, Woodlands is not owned by a separate operator, allowing residents to have greater control over their living environment. This model eliminates the burden of deferred management fees or departure fees, which are common in many other retirement settings. Residents at Woodlands retain all capital gains from the sale of their properties, providing a financially advantageous situation for those looking to invest in their future. The only upfront contribution required is a 10% payment towards the Capital Improvement Fund, which supports ongoing enhancements to the village.

Woodlands Retirement Village does not impose a deferred management fee or departure fee. This policy sets it apart from many other retirement villages, allowing residents to retain full financial benefits from their property ownership. Residents at Woodlands enjoy the advantage of complete ownership of their units without the additional costs typically associated with moving out of a retirement village. This transparent financial structure enhances the appeal of living at Woodlands, as residents can sell their properties without incurring significant exit fees that are often found in other retirement settings.

Sales of our over-55s units and serviced apartments at Woodlands Retirement Village are managed by individual real estate agents. For further assistance, prospective buyers can contact Julie at Woodlands by calling 9481 8842. She will facilitate connections with the real estate agents assigned to the sale of available units. 

When purchasing a unit or serviced apartment for residents aged 55 and over at Woodlands Retirement Village, you are buying directly from the owner of the property. To facilitate this process, your solicitor or conveyancer will provide assistance in navigating the purchase from the vendor. 

The only upfront contribution required for purchasing a unit or serviced apartment at Woodlands Retirement Village is a contribution to our Capital Improvement Fund. This fund is specifically allocated to finance future capital improvements within the village. The contribution amount is set at 10% of the purchase price of the unit or serviced apartment and is paid directly to Woodlands Retirement Village. 

Woodlands Retirement Village is an exclusive community designed for residents aged 55 and over. We offer a variety of living options, including one-bedroom and two-bedroom units within our Independent Living category, as well as two-bedroom villas. Additionally, residents can choose from one-bedroom serviced apartments located in The Lodge of our village. 

No, there are no pets permitted at Woodlands Retirement Village.

Yes, at Woodlands Retirement Village, you have the freedom to sell your unit or serviced apartment at a price that you agree upon. Importantly, Woodlands does not retain any portion of the sale proceeds. Regarding monthly fees, if you purchase a Company Title unit, you are required to continue paying these fees until the unit is sold. It is essential to note that there is no deferred management fee upon departure; in contrast, other retirement villages may charge up to 50% of the purchase price as a departure fee.

Parking spaces are limited and not guaranteed.  Prior approval is required from management.

Carports have already been allocated to specific units, and a carport can be purchased along with the unit if it has been assigned one. Unfortunately, we will not be constructing any additional carports at this time.

Yes, you are permitted to make changes; however, we kindly request that you submit your application for approval to the Board. Certain modifications that may impact common areas require oversight to ensure compliance and safety. This process also enables us to verify that contractors possess the necessary certifications and to effectively coordinate parking and access for contractors.