FAQs - Catalina Village

Retire differently at
Lake Macquarie’s
gorgeous new
retirement village

Catalina Village

Yes, the principal occupant must over 55 years or over at the date of occupation.

Primarily for the friendships and sense of Community. Apartment dwellers tend to have little  interaction with their neighbors. Retirement Villages are inclusive places where neighbors are encouraged to get to know each other and life revolves around a central “hub” such as a community centre.

Catalina Lake Macquarie is located in a temperate coastal environment. Typical winter days range from 9 to 17 degrees with 90mm of monthly rainfall. In summer the range is usually around 18 to 26 degrees with a monthly rainfall average of 70mm.

Catalina Lake Macquarie is a high quality master planned, lifestyle focused, retirement village located in Lake Macquarie – one of the most sought after coastal locations in NSW.

Residences should be kept neat & tidy and in a good state of repair at all times. All residences must comply with health and safety regulations of local Council and all other Statutory Authorities.

Catalina Lake Macquarie will be exclusively constructed by the Hunter’s own multi-award-winning Master Builder – Yarrum Designer Homes Pty Ltd.

Yes, a maximum of one small dog or cat and up to two birds are permitted to occupy your site, subject to the village pets policy.

Services & Facilities

Community facilities are available to all residents and their guests subject to the times of opening and code of conduct as stated in the residential estate rules.

Mail boxes are provided at the front gate of the village. All residents are responsible to collect their own mail, unless alternative arrangements are made with the village manager

The community centre clubhouse will feature a residents lounge, bistro, kitchen & bar, cinema, library, billiards room, consulting rooms, heated indoor pool, hydrotherapy spa and large outdoor deck overlooking a synthetic bowling green. There is also a men’s shed onsite.

Yes. Each residence at Catalina Lake Macquarie is fitted with a 24/7 medical alert system. This means that you can maintain an independent lifestyle in your own home with the assurance of timely help in the event of a medical emergency. The 24/7 medical alert system connects you to a trained nurse who can provide preliminary assistance in the event of a medical mishap, and will organise for you to be attended to by medical professionals if this is deemed necessary.

Yes the local ambulance station is located at 135 Dora Street Morisset, which is 6 mins drive from the Catalina Village.

Yes, Wyong Public Hospital currently offers the following specialist medical services:

  • emergency department
  • coronary care unit
  • alcohol & drug Unit
  • geriatric assessment unit
  • maintenance renal dialysis unit
  • oncology unit
  • rehabilitation unit

The nearest major public hospital is located at Wyong (664 Pacific Hwy Hamlyn Terrace), which is 25 minutes drive from the Catalina village.

Yes. There is a general practice at Avondale village Cooranbong and GP super clinic located in Morisset, which is 8 klms away.

Avondale shopping village is located at 563 Freemans Drive Cooranbong, which is 1.5klms/    3 minutes drive from the Catalina village. A village bus is available for pre-booked group transport to both the Avondale village shops and Morisset shopping centre and train station.

Financial

You are required to pay for all electricity, gas, telephone/ NBN or any other utility fees levied in respect of the home and site which are not covered by your recurrent charges budget.

You may occupy the dwelling for a period of up to 99 years, or until the passing of the last surviving resident. You can, of course, elect to leave earlier if you so desire, in which case the village manager will put your residence on the market for sale and manage this process on your behalf.

No. You cannot mortgage or otherwise offer security over your site, nor create a caveat over the land it occupies.

No. Stamp Duty is not applicable because you are occupying your residence under lease.

Yes. For example, if you are waiting for the sale of your current home we would be happy to discuss how we can assist you in reserving the home of your choice.

Recurrent charges are direct debited fortnightly from your nominated bank account.

The recurrent charges are set by the Operator at the commencement of the Village to cover the Administrative and Maintenance (Sinking Fund) costs of running the Village. These are varied in accordance with the Retirement Villages Act

Yes Catalina offers a deferred management fee (DMF), which is payable upon your exit from the Village. In a Retirement Village (as opposed to Land Lease or “Lifestyle” Village) the operator is responsible for the cost of repairing or replacing all capital items (ie. Ovens, Hot Water Services, Air Conditioners etc) should they break down during your period of residency, as well as a Maintenance of your Villa and gardens. The Operator is also responsible for refurbishing the Villa (save for fair wear and  tear) when the villa turns over.

The deferred management fee is calculated as a percentage of the resale price of your residence, and is based on a sliding scale, depending on your period of residency. It is calculated as follows:

  • Years 1/2/3: 6% pa
  • Year 4: 5% pa
  • Years 5/6/7: 4% pa
  • Total/ maximum after year 7: 35% of resale price (calculated on a pro-rata daily basis)

Upon departure your villa will be offered for sale by the developer at the current market price.

Catalina is based on the “loan-lease” retirement village model. Essentially this means that you pay an incoming contribution (no-interest loan) which is held by the developer. The developer then provides you with a license to occupy the dwelling for up to 99 years.

Catalina Lake Macquarie is a secure community located in a picturesque and safe retirement village setting. The village features CCTV security at the entry and clubhouse, with each of the villas being fitted with an emergency call system. External doors feature deadlocks and windows & sliding doors are key locked. Of course, casual surveillance by like-minded neighbors is also helpful in keeping unwanted visitors at bay.

To become a resident you will need to enter into a retirement village contract, services & facilities agreement and loan agreement. These documents can be made available for you and/ or your Legal Advisor to review upon request.

Your lease agreement will continue on the same basis with any new village owner.

Want to know more?

To discover more about our homes or to request a private tour, simply call 1300 927 786 or fill out the form below and our friendly team will be in touch.

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