Costs and Ownership
Choose your way to retire
with three different ways to buy
We know everyone likes to do things a little differently. That’s why we’ve created three different ways to buy your home at Tannoch Brae, so you can pick the contract that works best for you.
Enjoy your retirement with optimum security.
Feel secure knowing your money is guaranteed by paying more in an upfront refundable contribution with no management fee, no legal fees, no reinstatement costs on exit.Contact us
Contract Types and Tenure
Securing your property at Tannoch Brae is simple. All you need is a $1,000 reservation fee, after which you will be given a contract and the time required to review it thoroughly. The contract will explain in detail the type of ‘tenure’ you will have for the property. At Tannoch Brae we offer a Loan Lease Agreement. As with any legally-binding agreement, it is strongly recommended you consult a solicitor. If at any point before signing the contract you decide not to go ahead with the purchase, your $1,000 reservation fee is fully refundable. No Stamp Duty* fees apply.
*This is the current position in Victoria (as at May 2017) however is subject to change if legislation changes.
We understand you'll have a lot of questions around what to expect when moving to a retirement village.
Find out more about costs, service fees and other Frequently Asked Questions in our Cost and Ownership section.
Disclaimer: Lendlease proudly operates under the Retirement Villages Act. Full details are available in the residence contract. These options are available now, subject to availability and exclude some strata or purple title villages. Lendlease reserves the right to amend or discontinue these offers at any time, without notice. Published by Lendlease RL Realty (VIC) Pty Ltd ABN 55 124 646 484. Published July 2018.