The Best Life Lifestyle Community offers the freedom of a brand new apartment, in a secure high-rise building with modern facilities and a strong sense of community. Enjoy a sense of connection, social interaction and shared enjoyment of modern facilities. Best Life brings to its lifestyle estates 20 years’ experience in the industry operating one of the most highly sought-after retirement villages in SA.
Move into your own brand new 1 or 2
bedroom apartment
- Over 50s Residential Lifestyle
- Affordable Living
- All the convenience of the CBD at your disposal
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Why Best Life Communities?
- No Stamp Duty.
- No costly entry fees.
- No deferred management (DMF) or exit fees.
- You own your own apartment keeping 100% of any capital gains.
- Your site fee covers Council, Water rates and ESL
- You may be eligible for Commonwealth rental assistance.
- Residents are eligible for ongoing government cost of living concessions.
You have the security of owning your own apartment and the peace of mind that comes from the affordable living structure, which grants security of tenure, providing you with a long-term interest in the land. As the value of the land increases so does the value of your property. Also, your new apartment is part of your estate as a willable asset.
Affordable living growing in popularity
A Best Life Lifestyle Community provides you with an enviable mix of lifestyle, location and benefits. It is a smart alternative to a traditional retirement village ownership model.
Retirement Villages vs
Affordable Living Communities
Many people look at downsizing to either a Retirement Village or Affordable Living Community, however there are important differences.
In both models, the land is owned by the operator:
- In a retirement village you pay market value for a dwelling and are granted a licence to occupy it. You pay ongoing monthly fees, but of most concern are the exit or deferred management fees. These are normally a percentage of the value of the home accrued over a period of time and may be anywhere between 25 - 50% after 10 years! In some cases capital gains must also be shared with the operator.
- In an affordable living community, you don’t need to pay for the land, which you occupy under a secure site lease. You pay a modest rental and own the apartment on the site outright. The apartment can be sold or left to your relatives with no exit fees and you keep all capital gains. Even better, recipients of Commonwealth payments are typically eligible for rental assistance for the modest site fees which include council, water and ESL fees.
Community
Over 50’s lifestyle communites ensure you are surrounded by your peers in a secure, supportive setting. Social interaction and support are on your doorstep, and the Angas community has direct access to all the services of the city.
Modern Facilities
- Bespoke design with downsizers in mind
- Premium finishes include stone benchtops and wooden floors
- Secure undercover parking with lift access
- Access to a community terrace
- Double glazing and reverse-cycle air conditioning
- Expansive shaded terrace (over 27m2 for each two bed apartment)
Location
Ideally situated in Adelaide CBD.
- Close to public transport and CBD parks
- Adjacent to the new Calvary Wakefield hospital and 24 hour convenience store
- Walk to Adelaide’s premier entertainment precincts and the iconic central markets
Affordability
When you purchase an apartment in an affordable living community, your costs are lower than a traditional housing option. So, you can sell your family home and free up equity to enjoy a better lifestyle.
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