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Angus Bristow Village
Information Guide & Disclosure Statement Introduction Thank you for your interest in our Retirement Village and the service we provide. The Village is a ministry of the Hunters Hill Congregational Church and is managed by a Retirement Village Committee. The Village presently has 44 Self Care Units. It is situated at 49 Lodges Road, Narellan. Self Care Units: The Self Care Units offer the Resident independent living within an environment committed to providing a sense of security, companionship and care yet respecting the independence and privacy of the individual at all times. We have a mixture of one, two and three bedroom Units available from time to time. Some Units have a garage attached. Funding of Village The Village is a Resident funded organisation. Entry requires payment of an interest-free contribution of which a component is retained by the organisation. At the time of leaving the Village the balance of the principal reverts to the resident or to the estate. Should you leave the Village for any reason before five years then only a proportion for the time in the Village is deducted. Self Care Fees: Upon entry a fee is applied to cover maintenance and the provision of services. A list of services covered is included in the contract. Current fees applied to the Self Care Unit will be advised at the time of initial interest. Increases in Fees are subject to regular review in consultation with the Resident Committee. Should you wish to proceed with the purchase of a unit you will be provided with an application and medical form, a contract which complies with the Retirement Villages Act 1999, a copy of the Retirement Villages Regulation 2000, the village rules and a residential premises condition report. The medical form will need to be completed by your doctor and the residential premises condition report will need to be completed in your presence or in the presence of someone acting on your behalf. Disclosure Statement Retirement Villages Act 1999, section 18 (1) This statement is required to be given to all prospective residents under the Retirement Villages Act 1999. It is designed to give you a general understanding of the features and financial arrangements of this retirement village, should you choose to become a resident. The retirement village industry offers a wide range of features and financial arrangements. Comparing the disclosure statements from a number of retirement villages will assist you in identifying the most suitable and affordable village for your needs. You are unable to enter into a village contract with us for at least 14 days after receiving a copy of this statement. You should use this time to read all documents you have obtained and carefully consider your options. If, after reading this statement, you are uncertain as to any aspects of the village or its suitability for you, feel free to ask us any further questions. You are encouraged to get independent legal advice before signing any contracts.
1. Location Common name of village:
Angus Bristow Village Proximity to services: Nearest public hospital: Camden Distance from village approx 12km Is there a bus stop within 200 metres of the village? No 2. Size The residential premises in the village are made up of: 2 x 1 br premises 3. Village Ownership Year of original construction:
1975
4. Village Management Name, address and telephone number of village operator/s: Hunters Hill Congregational Church, 10 D’Aram Street, Hunters Hill. (02)9817.2289 Has the village been operated previously by another person/organisation? No Date current operator became operator of the village: 1993 The operator has been involved in operating retirement villages in New South Wales since: 1993 Is the operator, or an employee or agent of the operator, available at the village? Yes If Yes, the person is available from 9am to 4pm 5 days per week Details of employees or agents of the operator who deal directly with residents of the village are: Len Kingston - Administrator
5. Resident Input Q: Does the village have a Residents Committee established by the residents under the Retirement Villages Act 1999 No
6. Financial Management The financial year of the village is from March to February Does the village have a maintenance fund for long-term maintenance? No
A provision for maintenance is set each year
Is a specific proportion of ingoing
contributions or departure fees (or both) paid by residents set aside in a
capital replacement fund for the purpose of financing depreciation and capital
replacement in the village? No
Are any ingoing contributions paid by residents
held by a trustee?
Yes
If Yes, is it permissible under the trust deed
for those contributions to be lent or otherwise made available to the operator
of the village?
Yes
Is there any personal or legal connection
between any of the trustees and the operator. Yes In the last financial year was money
payable by the operator to former residents paid in full and on time?
Yes
Did the audited accounts for the previous
financial year contain a statement from the auditor expressing considerable
uncertainty regarding the ability of the operator to meet the liabilities of the
village as and when they fall due during the financial year immediately
following? No
Has the operator ever applied to the
Residential Tribunal to extend the period of time to pay refunds to former
occupants? No
According to the audited accounts of the income
and expenditure of the village the balance at the end of the 3 previous
financial years/the financial years during which the village has been in
operation was as follows: Financial year ending Amount: Surplus/deficit
1999/2000 $46, 916.00
Surplus
2000/2001 $119,385.00 Surplus
2001/2002 $69,261 Deficit
2002/2003 Surplus
2003/2004 $306,695.00 Surplus
7. Security and
Safety Do all residential premises within the
village have security screen doors? No
Are all windows of residential premises fitted
with key operated locks? No
Do all residential premises within the village
have smoke alarms? Yes
Has the operator been notified of any residential
premises within the village being broken into in the last 2 years?
No
Are residential premises and common areas in the
village accessible to persons with impaired mobility, including those in
wheelchairs? No
Does the village have a village emergency system
that enables residents to summon assistance in an emergency? Yes If Yes, the system involves:
Distress buttons in
residential premises.
Pendant
The village emergency system is monitored:
on
site by the operator or an employee of the operator
The system is monitored
24
Hours per day, 7 days per week
Does the operator have a master key or
copies of keys to residential premises in the village for use in an emergency?
Yes If Yes, where are the keys held and who has
access to them?
Held
by the Administrator and the Caretaker 8. Compliance
with Legislation Has the operator ever been convicted of an
offence under the Retirement Villages Act 1999 or the Retirement Villages Regulation 2000? No Has the operator been ordered by the
Residential Tribunal to comply with a requirement of the Retirement Villages Act 1999
or the Retirement Villages Regulation 2000? No Has the operator complied with all
requirements of any development consent relating to the village? Yes
9. Village
Contracts Before becoming a resident of the village
you will be required to enter into: A residence contract in the form of:
A
Licence Agreement
If your residence contract does not give you
the right to use the following, you may enter into a separate (optional)
contract in respect of them: Garage,
A Parking Space
If you become a resident, documents setting out the following will also be relevant: The Village Rules
Copies of the documents referred to may be inspected during business hours or you can request
copies to be sent to you free of charge. 10.
Facilities At the village the following facilities are
currently available for the use of residents:
Does any development consent in relation to the village require that any of the above facilities be provided for the
life of the village? No Are any of the facilities identified above only available to residents on a ‘user pays’ basis? Yes If yes, those facilities and current amounts charged are:
Facility Charge
Hairdresser various
charges
Village Bus Trips
from $6.00 to $25.00
Does the operator intend to
provide or make available additional facilities in the future? No
11. Services The operator provides, or makes available, the following general services to all residents of the village:
Annual auditing of the accounts of the village Cleaning and maintenance of common areas and facilities Insurance of the village to full replacement value Maintenance and care of lawns and gardens Management and administration services Payment of all rates, taxes and charges including charges for gas, water and electricity relating to common areas and facilities Public liability cover to the value of $1,000,000.00 Note: all of the above is paid for from the maintenance charge A village bus is provided or made available to residents. The service operates: For arranged outings Shopping every Thursday Are optional services provided, or made available, by or on behalf of the operator to individual residents of the village?
No Does the operator intend to provide or make available additional services in the future?
No 12. Entry Costs To become a resident you will be required to pay the following: An ingoing contribution of between $175,000.00 and $310,000.00 depending on which premises you choose Half of the cost of preparing your residence contract, the total cost of that preparation being $50.00 Half of the cost of preparing your service contract, the total cost of that preparation being four weeks’
advance payment of recurrent charges Is a deposit payable on entering into a village contract?
No 13. Recurrent
Charges The current rate/s of recurrent charges are as follows: Type of premises Singles Couples
Payable 1 bedroom Self contained dwelling
$119.10 monthly in advance 2 bedroom Self Contained dwelling (no garage)
$157.30 2 bedroom Self Contained with garage
$189.75 3 bedroom with garage
$205.10 Payment of recurrent charges may be made:
by direct debit only Are future variations in the rate/s of recurrent charges limited according to a fixed formula?
No 14. Payments on Vacating The Village Does the operator take a percentage of any capital gains on residential premises in the village if the incoming resident pays a higher ingoing contribution than was paid by the outgoing resident?
No When you permanently vacate your premises you will receive a refund of your ingoing contribution/the sale price of the premises less the following payments to the operator:
A departure fee of 6% per annum of your ingoing contribution/ purchase price (calculated on a daily basis) for a maximum period of five years of occupancy. 15. Vacancies Does the village contain any type of residential premises in respect of which there are no current vacancies? No |
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