FOR over-50s seeking a lifestyle upgrade without compromising their financial freedom, Palm Lake Resort Paynesville is making a compelling case for a move to picturesque East Gippsland.
The resort recently celebrated a significant achievement, taking home Master Builders Victoria’s “Best Lifestyle Housing for Seniors Award” for the resort’s impressive $20 million Latitude Country Club – a landmark hospitality and lifestyle facility setting a new benchmark for premium over-50s community resort living in Victoria.
Master Builders Victoria CEO Michaela Lihou was particularly complimentary of the country club development, praising its stylish contribution to supporting over-50s.
“It’s wonderful to see Latitude Country Club recognised for its contribution to creating quality living environments for older Australians,” Ms Lihou said. “Projects like this play an important role in helping people enjoy a comfortable, connected and fulfilling lifestyle.
“We’re proud to recognise this achievement and the contribution Palm Lake Works is making to the communities it serves.”
Beyond its beautiful surroundings, exceptional facilities and welcoming community, Palm Lake Resort Paynesville also offers some compelling financial advantages. Homeowners don’t pay stamp duty or council rates and they retain 100 per cent of their capital gain.
Importantly, there is also flexibility when it comes to the deferred management fee (DMF), commonly known as an ‘exit fee’. Buyers can choose to pay the full purchase price upfront and have no DMF payable when they leave, or opt for a reduced purchase price with a DMF payable upon exit. With homes priced from $683,000 (with DMF), this choice allows homeowners to select the financial arrangement that best suits their individual circumstances.
For more information about DMF options and to explore the resort’s inspiring display homes, visitors can stop by the Palm Lake Resort Paynesville Sales Information Centre seven days a week. Alternatively, call 1800 960 943 or visit palmlakeresort.com.au
