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Ingenia Lifestyle FAQ

Page 1

Frequently Asked

Questions

There is a lot to consider when moving into a land lease community. Here, we provide answers to your most frequently asked questions.

What does an Ingenia Lifestyle land lease community offer? An Ingenia Lifestyle land lease community is a thoughtfully designed, connected community for people who are ready to upsize their lifestyle. Own your home but lease the land it’s on, a great way to free up capital for the life you’ve always dreamed of while ensuring security for the future. A range of modern lifestyle and leisure facilities help to foster community and connection through shared experience. Our stylish, low-maintenance homes are can be adapted easily as needs change, so you can enjoy relaxed, independent living for many years to come. Do whatever you want to do, when you want to do it – independently, joyfully, and relieved of many of the burdens of conventional home ownership. Do I own my home? Yes, you own your home and lease the land through a site agreement. The land lease ownership model is supported by government regulations and legislation with strong levels of protection for homeowners. What do my site fees cover? The weekly site fees cover various costs associated with operating and maintaining the community’s common areas and your use of the facilities. The fee also covers the lease of the land and maintenance of the gardens and streetscapes. Council rates and the staff who look after the community are also covered, including a Community Manager and grounds staff. Will I be eligible for rent assistance? In most cases, residents receiving a government pension are entitled to rent assistance, which helps reduce weekly site fees.

All information supplied is correct at time of printing but is subject to change at any time without notice.

Individual eligibility for this allowance is dependent on personal circumstances.


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