Located next to Thorndon Park Reservoir and nestled beautifully and privately at the base of the scenic Adelaide foothills, this gated community is the idyllic retirement destination.
And when you want to mingle with other residents, the village community facilities include a spacious fully equipped Clubhouse.
Set out below are answers to some of the questions commonly asked by potential incoming residents:
Q1 Are there any prerequisites to becoming a resident/s?
At the time of entry, the applicant or one of the applicants in the case of a couple, must be over 55 years of age.
Q2 How do you apply for residence in the village?
Initially, this simply involves ﬁlling in an Application to Reside Form for the speciﬁed villa and paying a reservation fee of $1000. This is held by the Administering Authority and is fully refundable if you are unable to or decide not to proceed. When you proceed further, the residence agreement will be given to you for signing.
We recommend that you seek independent legal advice prior to signing the residence agreement. After signing the residence agreement, you will have a cooling off period of 15 business days.
Q3 Who actually owns the village? What assurance will I have that my property rights will continue indefinitely.
The village is privately owned. The owners are experienced operators in the retirement sector and are committed to providing the best possible service to residents.
Q4 How can I be sure that the standard of facilities and services provided will not diminish over time?
One of the main benefits of a loan/licence, as opposed to other types tenure, is that Paradise Gardens retains ownership of the village and therefore their prime interest in ensuring that the reputation of the village’s facilities and services are always maintained to the highest possible standard.
Q5 Who is responsible for re-licensing the villas?
Re-marketing of the villas is arranged by Paradise Gardens which will instigate its own re-marketing program in accordance with the Retirement Villages Act and the re-marketing policy detailed in the residence agreement. When Paradise Gardens receives formal notice from the resident/s who are vacating the premises it will do everything it can to find a new resident for the re-licensing of the villa in a timely manner.
Q6 Could you please explain the financial aspects of the loan/licence?
As in most villages, there is a deferred management fee to be paid on leaving the village. In the case of Paradise Gardens, the outgoing resident or their estate receives the major proportion of the re-licensing price (which is the new “loan” paid by the incoming resident).
The deferred management fee is calculated on a sliding scale up to three years, with the outgoing resident paying no more than 25% of the value of the re-licence price.
A capital replacement fund contribution of 5% of the re-licence price is also deducted. This is a pool of funds to cover major capital improvements that are required at the village over time.
Other deductions will typically include refurbishment expenses such as re-carpeting and re-painting that are required to get the villa up to a suitable condition to re-licence, and any selling and advertising expenses.
Q7 Are there any options which a resident could request for his/her villa?
A resident can request that additions and improvements be fitted to his/her villa, subject to the cost being met by the resident/s. Any request for additions and improvements must be in writing and in all cases must be to management’s approval to ensure that they are in keeping with the overall amenity of the village.
Q8 What ‘inclusions’ are there in the particular residence in which I am interested? Who is responsible for maintaining these items and replacing them when they wear out?
The monthly maintenance fee covers the maintenance of appliances, fixtures and fittings within the villa. Resident/s have a responsibility to ensure that these items are kept in good working order. All appliances, fixtures and fittings will be repaired or replaced by Paradise Gardens as required and in accordance with the residence agreement and premises condition report.
Q9 What restrictions will there be on residents in the use of his/her villa and the village facilities with regards to:
- Having someone else live with him/her and having visitors, including overnight or short stay guests
- Car parking
- Residents may have visitors at any time. Should residents wish to have visitors stay overnight or reside with the resident for a period of time, then for insurance and fire safety purposes, the manager needs to be notified to give approval. Many residents have their grandchildren stay over from time to time for example and are very welcome.
- Each villa will be provided with a lockable garage.
- For many people, pets are a natural part of life and there is no reason for this to change. Dogs, cats, birds and fish may be allowed with the consent of management. The villas have backyards ideal for dogs. It is recommended cats have their own enclosure.
- It would be expected that normal considerations and courtesies are extended in a community of people such as Paradise Gardens. The residence rules are included in the residence agreement.
Q10 Can a residence agreement be terminated? Under what conditions?
The Retirement Villages Act provides that a resident has a right of occupation which cannot be terminated unless the resident dies, the resident terminates the residence agreement, the resident commits a breach of the residence agreement or rules, or the villa becomes unsuitable because of the resident’s mental or physical incapacity.
Q11 What protection does a resident have against a loss of rights (including accommodation rights) if the village is sold to another organisation?
The Retirement Villages Act provides you with protection and your licence ensures your inalienable right to occupy your particular villa. Should the estate be sold to another organisation, your accommodation rights would be protected.
Q12 Can residents be made liable for any additional or extraordinary charge and, if so, for what purposes?
All costs and charges, for which a resident will be liable, are detailed in the residence agreement. Paradise Gardens will include all anticipated costs and charges in the annual budget.
Q13 What type of public transport and shopping will be available to residents?
Adelaide Metro currently operates bus services to and from the city. The bus stop is located out the front on Gorge Road. Paradise Gardens is located between the city and the hills with shopping centres close by as well as other specialty shops and services.
Q14 Can I still do some gardening?
All common areas are maintained by Paradise Gardens. Individual rear courtyards are the responsibility of the resident/s.
Q15 What arrangements exist for residents to participate in the management of the village?
If established by the resident/s, a Resident’s Committee may meet regularly to discuss matters of common interest and any recommendations it might wish to make to management.
Q16 What is covered in the maintenance fees?
Maintenance Fees take the worry out of paying for many everyday household accounts. Maintenance Fees cover, amongst other things, the following items:
- Water Rates (Supply and Usage for Individual Units & Common Areas)
- Council Rates (Individual Units & Common Areas)
- Emergency Services Levy
- Building and Public Liability Insurance (Individual Units & Common Areas)
- Personal & Security Alarm Monitoring
- Sinking Fund Contribution
- Maintenance of Village Gardens & Lawns (not personal gardens)
- Electrical Maintenance eg repair air conditioners, appliance repairs
- Minor Repairs & Maintenance eg leaking taps, blocked drains, hang pictures
- General Maintenance supplies – eg batteries in alarms
- Preventative Maintenance eg pest control, gutter clean
- Community Centre Expenses
- Village Manager Wages and Administration Expenses
- Paradise Gardens Management Fee
Residents are required to pay for items such as personal chattels and contents, insurance, gas and electricity, private telephone calls and the upkeep or replacement of all personal items (for example, fridge, furniture, washing machine and dryer).
Representatives of the Resident’s Committee are also involved in the formulation of the village’s monthly maintenance fees and budget each year.
Q17 What plans are there for future villas?
At this stage there are no further development plans.
Any queries should be directed to our Sales Co-ordinators:
- Tony Mercorella – 0417 862 469
- John Fenton – 8395 2233 or 0413 807 011