Yes. The land lease model allows purchasers to own their homes 100% at an affordable price point. This gives you the convenience to free up more of your savings.

If you are on a pension with benefits from Veterans Affairs or Centrelink the Rent Assistance applies on your site fees. It all depends on your financial circumstances. Find out more.

Sites fees vary; however, they start at $256 per week and are paid fortnightly. If you are approved to receive Government Rent Assistance, the weekly site fee will be reduced, depending on your personal financial situation. However, this cost can be offset through Commonwealth Rent Assistance, if the resident receives a benefit such as the age pension, JobSeeker payment, carer payment or disability support pension.

The maximum fortnightly Commonwealth Rent Assistance (CRA) payment is:

• Single: $211.20 for those without children and a fortnightly rent of at least $149
• Couple: $199.00 for a combined payment for those with a fortnightly rent of at least $241.40

Find more information here.

No. Under the land lease model, you don’t pay any extra fees unlike the traditional retirement living model.

The tenure of your site is very secure at Natrium Coral Cove. We operate under the QLD Legislation for land lease communities – Manufactured Homes (Residential Parks) Act 2003. This legislation seeks to promote fair trade practices by operators by improving the governance of residential communities. Find out more at here

• Council rates
• Maintenance of community facilities
• Road and curb maintenance
• Common area garden maintenance and pruning.
• Use of resort facilities
• Secured gated community

What is not included in your site fee:
Owners are responsible for the cost of their own utilities, home maintenance and home and contents insurance.

No. You don’t pay stamp duty on the purchase of your home. This is one of your many savings at Natrium Coral Cove.

Yes. Pets are welcome in the community. Please follow the community guidelines about the number of pets allowed per household and caring for your pet in the community.

The common areas and facilities are maintained by the community staff members. Refer to community guidelines.

Yes. They are welcome to visit and stay with you. Please advise your community manager if  your visitors are intended to stay for over 30 days prior to their arrival as there are community guidelines around the length of stay and use of facilities.

Yes. All new homes come with builder structural warranty.

Yes. Your home is part of your estate. Your appointed beneficiaries may reside in the home if they meet the community age and entry criteria, or they may simply sell the home. They also have the option to sell the home through our sales team or with the assistance of an external agent.

Any modifications on the outside of the home need to be approved by the community manager by written request before commencements of any modifications.

The only outgoing expenses are the use of your utilities such as gas, electricity, water, phone, internet and any insurance you have on your home & contents.

We welcome all over 55’s to live in our communities