Value and comfort combined - Retirement Living in Cheltenham

One Bedroom Unit $300,000

Enjoy secure, maintenance-free living in this beautifully refurbished one-bedroom unit, ideally located in a friendly retirement village just 200 metres from Westfield Southland. With public transport, medical services, and shopping right at your doorstep, everything you need is within easy reach.

Set amongst landscaped gardens, the village offers a vibrant community atmosphere with regular social activities, indoor bowls, and a recreation room known as “The Nook.” The unit is thoughtfully designed for comfort and mobility, featuring open plan living, heating and cooling, and Crimsafe security doors.

Residents benefit from a single fortnightly fee covering home and garden maintenance, insurance, and a 24-hour emergency response system. On-site staff are available during business hours, and support is offered for connecting with local Home Care providers. Transitioning to aged care is also made easy with our nearby Oak Towers Aged Care.

Unit Details 

One bedroom
Built in wardrobe
Separate bathroom
Fully refurbished 
New kitchen appliances
New carpet, vinyl + tiles throughout
Reverse cycle air-conditioning
Security doors
Separate laundry
Lift + ramp access 
Open space parking
Street parking with permit - available from council
Onsite village manager
Pet friendly village upon approval

Fortnightly maintenance fee $215.53 (subject to CPI increase each FY)

To view the Village Factsheet, please contact the Service Manager  www.cofc.com.au

*Images are indicative only

*Option C $270,000

90% of the Original Standard Ingoing Contribution 
This option gives you more cash and a lower ingoing contribution at the commencement of your residency. You are able to retain 10% of the standard ingoing contribution amount and offset the equivalent amount by paying a higher exit fee when you leave. For example, if the standard ingoing contribution is $300,000 then you would pay $270,000 as
your ingoing contribution. If you choose this option, an exit fee of up to 45% on the Original Standard Ingoing Contribution is payable if you leave the village. Starting at 20% the percentage increases by 5% with each year of occupancy up to six years, and then remains capped at 45% thereafter.

Option A $300,000

100% of the Original Standard Ingoing Contribution
Pay the standard 100% ingoing contribution amount for the unit (the “sale price”).
If you choose this option, an exit fee of up to 35% is payable if you leave the village. Starting at 10%, the percentage increases by 5% with each year of occupancy up to six years, and then remains capped at 35% thereafter.