Land Lease living encapsulates a lifestyle of financial freedom. Diving into the allure and simplicity of places like Monterey, residents find not only a beautiful place to call home but also reap incredible financial benefits. Opting for a Land Lease means you own your residence while leasing the land it's stationed upon. This method ensures an elevated lifestyle free of financial stress, combined with a transparent approach that keeps homeowners in the loop.

Financial benefits and security

One of the standout perks of the Land Lease model lies in its financial wisdom. Residents get to enjoy unparalleled value for money throughout their stay. Without the requirement of purchasing the land, homeowners find solace in a much-reduced entry price for their new abode. Such a setup comes with no stamp duty, no exit fees, and no council rates, ensuring the heart of your investment remains undiluted. Plus, with the current high demand for quality properties, the value of your home stands a good chance of appreciating over time. When the moment arises to sell, rest assured you retain 100% of your capital gains.

Your Rights in Land Lease Communities

Legislation backing

Nestled within our legislation, the Residential Land Lease Communities Act of 2013 stands as a beacon of support for land lease communities. This act ensures a robust foundation of protection for homeowners and community operators. Anchoring its focus on trust and security, this legislation ensures that Australians seeking an enriching lifestyle in communities like ours have peace of mind.

Balance of rights

Harmony in a community stems from a balance of rights. With this in mind, our land lease model not only assures homeowners of their long-term security but also ensures that community operators have clear guidelines to follow. This equilibrium guarantees mutual respect and fosters a thriving environment. For every individual who chooses to call our community home, they're enveloped in a space where respect and trust are paramount.

Why Opt for Over 55 Land Lease Communities?

Choosing an over 55 Land Lease community paves the way for both financial savvy and an enriched lifestyle. These communities stand as a modern-day solution to the evolving needs of individuals post their full-time work lives, enabling flexibility, freedom, and security. It combines the best of home ownership and certain advantages similar to renting.

Financial perks

Delving into the financial advantages, one of the highlights includes no exit fees, allowing for more budget flexibility. Additionally, say goodbye to stamp duty – a major expense when purchasing a property. Another rewarding aspect? When you decide to sell, every cent of the capital gains remains yours. This approach ensures your money continues to work for you, bolstering your financial stability now and in the years ahead.

Lifestyle benefits

Stepping beyond finance, over 55 Land Lease communities offer a myriad of lifestyle benefits. First and foremost, embrace low-maintenance living. No more worrying about extensive property upkeep, just relaxed living for the years to come. The secure environment of these communities provides peace of mind, knowing you're in a safe and supportive space. And let's not forget the heart of these communities: engagement. Living here ensures you're part of an active community, fostering camaraderie and deep connections.

What Sets Allam Apart?

We present a fresh perspective on over 55 living, offering a seamless blend of financial prudence and lifestyle enrichment. Drawing on our deep understanding of land lease living, We have crafted communities that resonate with those looking for a balanced life post-retirement.

Understanding Over 55s Communities

Stepping into an over 55 community opens the door to tailored design, accentuating ease and comfort. With a focus on fostering a fulfilling lifestyle, these communities offer top-notch facilities, enabling residents to lead a vibrant, active life. Not just a place to live, they're spaces designed with purpose and passion, ensuring every resident feels at home.

Differentiating Factors

While retirement villages have their merits, over 55 land lease communities bring a distinct flavour to the table. Here, homeowners enjoy the quintessential benefits of home ownership, reaping the entirety of capital gains if they decide to move on. This is coupled with the advantages akin to renting: absence of council rates, stamp duty, or complex strata fees. Simply put, it's a contemporary approach to retirement living, offering flexibility, security, and a sense of belonging.

Delving into the Costs and Savings

When it comes to finances, the land lease model stands out with its simplicity and benefits. Purchasing a home in an Allam community eliminates the need for stamp duty, potentially saving thousands. Furthermore, homeowners retain 100% of their capital gains, ensuring their hard-earned money continues to work for them. With the potential for rental assistance on-site fees for eligible pensioners, financial clarity and savings are evident.

Testimonial - Nicholas and Glenda (5 Stars)

"Our experience with Lisa, Sales Consultant, was exceptional. Lisa was very professional, efficient and very accommodating. The homes appear to be well designed, light and spacious with a neutral colour palette. We would recommend that the homes had more power points, especially in the kitchen. However, we look forward to moving in very soon."