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Option 1 - Security Deposit with Service Fee
You may choose to pay a security deposit, which provides you with a return of around 8% leaving a much reduced weekly service fee payable monthly in advance. Security Deposits start at $20,000. The table below provides some examples of service fees payable. The actual figues will depend on the room and the deposit paid upon signing the Residential Agreement.
Security Deposit Paid 90,000k 110,000k 130,000k 150,000k
Single Room Suite
Weekly Service Fee 410 380 350 325
170,000k 190,000k 210,000k
280 255 225
Two Room Suite
Weekly Service Fee 90,000k 110,000k 130,000k 150,000k
605 555 525 500
170,000k 190,000k 210,000k
455 430 400
*Note: - Service fees for a single room are based on a $550 per week full residential fee room. Service fees are lower for rooms with full residential fees lower that $550 per week.
Security deposits are repaid within 60 days of departure with a deduction of 2.5% for each year of residency up to a maximum deduction of 12.5%.
Option 2 - Room title purchase with Service Fee
Rosewood Gardens 41 rooms are all on individual titles. This means that you can purchase your room and pay a reduced service fee.
Purchase of the title to your private single room ranges from $190,000 to $220,000.
Purchase of the title to your private two-room suite costs from $250,000-$270,000.
Service fees are $410 per week, for a single room, $445 for a single person in a two room suite & $635 for a couple in a two room suite.
Residents are required to pay any or legal fees and taxes (such as stamp duty) for both parties and can either arrange their own sale upon departure or request a buyback gurantee at the original puchase price. The buyback settlement is 120 days after depature.
436 Warrigal Road, Ashburton
Cnr Warrigal Road and Ventura Street
(Melways Reference Map 60 G10)
Tel: 9886 0005
Fax: 9886 0445
Click here for a free information pack
Click here for email enquiries
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