rv homebase lifestyle village fraser coast - has anyone heard about it? what does it involve?

lottie · Newbie

rv homebase lifestyle village fraser coast - has anyone heard about it? what does it involve?

tiger5 · Senior Member

Hi Lottie,
From what i have seen it is a village to be built for over 55's & they have storage for motor homes + vans.It is on the Brisbane side of Maryborough near the dirt race track.

lottie · Newbie

Sounds great! Do you know when they are starting to build/sell sites?

rod56 · Veteran Member

Hi Lottie

Sites and home plans should be released on the market in May sometime, prices start from about $280000. Information is available at www.rvhomebase.com.au

Rod

milo · Senior Member

nice idea but $280,000 ? it would be good if you could buy a powered site and live in your rv, and say your away for 3-4 months rent the site out..

Wombat 280 · Guru

That sounds the ideal set up and Dog friendly as well.

Before anyone jumps in please check the fine print, there are lot of questions that the glossy doesn't answer.

NSW has the toughest tenant agreements in OZ and there are still people getting burnt when buying into residential villages or any other complex on a common title holding. Not sure of QLD but once knowing their building code and that wasn't all that flash when it come to building standards.

When you become no longer able to RV and just want to sit on your patio on the departure lounge will that mean that the complex eventually becomes a purely residential park without medical facilities .

At 280 that's not bad but are there ongoing maintenance fees for things you never use. Until the floor plans of the dwellings are shown it's difficult to be sure that your 280 is well spent.

Also if you decide to move out can you sell it on the open market or merely resell back to the co op at a loss

lottie · Newbie

My understanding is that you buy the property and lease the land for a hundred or so dollars a week. I dont think you would get any out of pocket expences for maintance or on going costs related to the village as you are just renting the land! Sounds great ...

Wombat 280 · Guru

lottie wrote:

My understanding is that you buy the property and lease the land for a hundred or so dollars a week. I dont think you would get any out of pocket expences for maintance or on going costs related to the village as you are just renting the land! Sounds great ...

It's exactly the type of setup that gets a little difficult when you own the dwelling but not the land. There are a couple of such cases here where people are in the land environment court trying to sought out if they have the right to sell their dwelling on the open market and it's not going well for them at this time . The cost of having the dwelling moved combined with the land owners site reclamation costs makes such a move not worth considering .

PeterD · Guru

Wombat 280 wrote:
Before anyone jumps in please check the fine print, there are lot of questions that the glossy doesn't answer.

This applies to anything you purchase

NSW has the toughest tenant agreements in OZ and there are still people getting burnt when buying into residential villages or any other complex on a common title holding.

Wombat, Can you please supply details. I have not heard of any of this happening in the last 10 years. I live in one of these villages in NSW and get the PAVS newsletter. It would have been reported in that if people are still getting done.

Not sure of QLD but once knowing their building code and that wasn't all that flash when it come to building standards.

There is no such Qld building, We all now work on the Australian building code. As for parks legislation, have a look at Manufactured Homes (Residential Parks) Act 2003

When you become no longer able to RV and just want to sit on your patio on the departure lounge will that mean that the complex eventually becomes a purely residential park without medical facilities .

The nature of the park will not change. These parks will have a multitude of lifestyles. I know of no manufactured home park with medical facilities. Probably the only types residential establishments that have medical facilities are the hostel and nursing home types. Even then a lot of the hostel types do not have them.

At 280 that's not bad but are there ongoing maintenance fees for things you never use. Until the floor plans of the dwellings are shown it's difficult to be sure that your 280 is well spent.

Prices for north coast NSW are around that price.

Also if you decide to move out can you sell it on the open market or merely resell back to the co op at a loss

The only villages that you can not sell on the open market for full market value are those in villages that are governed by retirement village legislation. These types of village are governed by the legislation in the link I provided above.

rod56 · Veteran Member

Yes you can sell on the open market without restrictions, the concept is a bit different to most of the other manufactured home villages with the focus more on the RV lifestyle not necessarily just for retirees.
They were raising 8 million to get the project started and got over 10 million which shows the good support behind the project.
If you obtain the information the fine print is all covered and the people involved are very informative and easy to deal with

Rod

JayDee · Guru

Hi

I just found this thread which is similar to one I have just posted.

However, long gone is the unit price of $280.000.

Jay&Dee

Bill B · Guru

JayDee wrote:

Hi
I just found this thread which is similar to one I have just posted.
However, long gone is the unit price of $280.000.
Jay&Dee

Be lucky if you get any change out of $400k now.