When you vacate your villa at Ormiston Rise there is a fee payable (known as an Exit Fee) to the operator.

Exit Fees are a standard charge implemented throughout retirement communities in Australia. It is a deferred recovery of part of the costs associated with establishing the overall community and its infrastructure.

Delaying the fee until the end of your occupancy allows you the use of your money while you are living at Ormiston Rise rather than committing all your funds to provide for your accommodation.

The Exit Fee is calculated at the time of departure at a rate of 9% per annum of your original purchase price (ingoing contribution), capped at 4 years.

There are no other hidden, reselling, re-marketing, refurbishment or capital replacement fund expenses (See our Retirement Living Consultant for more information).