Over 50’s Lifestyle Resorts Explained
Thousands of downsizes and retirees are realising the benefits of relocating to lifestyle resort communities, where they can take advantage of the low maintenance, superior recreational facilities, like minded friends and neighbours, and the security that comes with being in a gated community. But, what is a lifestyle resort?
Lifestyle resorts can also be known by several other names: Manufactured Home Park’s (MHPs), manufactured home estates, residential or lifestyle parks, land lease communities, active lifestyle villages or over 50s lifestyle villages.
As an alternative to traditional retirement villages and definitely not aged care, lifestyle resorts offer owner occupied independent living, no entry or exit fees, no stamp duty, and the ability to retain any capital gains should you sell your property. There is also space for recreational vehicles, boats, and caravans and you can enjoy the freedom to lock up and travel, knowing your home and garden are secure.
Lifestyle resorts are not restricted to over 50s; however, they are primarily designed for, and marketed towards those that are. The homes within these resorts are commonly single level relocatable homes situated on large grounds with communal leisure facilities for residents.
In a lifestyle resort, the resident owns the house and pays a fee to the park owner (rent) for the land their home occupies and for upkeep of the communal facilities.
Typical features:
Freestanding homes
No entry/exit fees
Capital gains retained by Owner
No Stamp Duty
Owner appoints their choice of selling agent and the sale
Designed for Owner Occupiers, with no rentals
Securely gated
Communal shared facilities
Parking for recreational vehicles, boats and caravans
While making the decision to move is never an easy one, you can rest easy knowing that you’re protected by the Manufactured Homes/Residential Parks Act 2003, giving transparency to the relationship between you and the park owners.
There is also the opportunity for more financial security, with the added advantage of the Australian Government’s downsizer measure for those over 60. Up to $300,000 can be added to your super account from the sale of your home.
What makes a Solana Lifestyle Resort great
At Solana, we understand that location is important. Having a home that is close to your family, friends, and essential services like medical facilities and shopping centres can be critical for some people. That's why we've designed our communities to be accessible and close to everything you'll need or want. We want you to find a place that feels convenient and comfortable for your needs.
Cost is often an important consideration when buying real estate. Our staff of qualified professionals are committed to helping you find what works best for your budget. We can help you navigate the financial aspect of purchasing your home so that it fits within your parameters and makes sense for your lifestyle. We can even recommend an agent to sell your current home.
Solana offers many amenities within the community itself! There are several options when it comes to floor plans, including two- and three-bedroom designs with garage options for one or two cars and even the boat or campervan. Common areas include an aquatic area with indoor and outdoor pools, tennis courts, lawn bowls green, off-leash dog park, gymnasium, ballroom, games room, cinema, library and meeting room, craft room, café/bar and lounge, community hall and outdoor BBQ and entertaining area.
If you're buying off the plan, our virtual tours allow you to step into any of the Solana homes so that you can experience each floorplan firsthand! Seeing exactly how our homes are designed and decorated will help you decide whether this is something that's right for you! Be sure to ask about our virtual tour options when contacting us!
There is so much to be gained from making a move to a home such as Solana, and you will definitely appreciate simplifying your surroundings, giving you space to enjoy the wonderful lifestyle on offer
If you still have questions or would like to talk to the Solana Sales Team about our newest location 1770 - Agnes Water feel free to book a tour or appointment for pricing and location information.