WHAT is a retirement village?

A retirement village provides accommodation and facilities specifically designed to meet the needs of mature adults (55 years or older) who are retired and want to live a low-maintenance, independent lifestyle.

Retirement villages are not the same as nursing homes, residential care or aged care facilities. Retirement villages allow you to live independently in the safety, comfort and luxury of your own home while also granting you access to a range of additional facilities which are shared among retirement village residents.

In Victoria, all retirement village residents are protected by the Retirement Villages Act 1986. More information is available from the Consumer Affairs Victoria website.

WHY buy in a retirement village?

Retirement village residents should be offered the choice between a range of financial options to find the one that best suits their personal circumstances.  Many retirement village residents prefer to buy their apartment or unit as they enjoy the greater security and peace of mind that comes from knowing they truly own their property.

While the option to buy your apartment or unit is not readily available within retirement villages in Melbourne, at Pascoe Vale Gardens Retirement Village we believe you deserve the right to retire the way you want to. That’s why we offer residents the option to purchase their retirement apartment or unit under strata title so they can rest easy knowing they own their home and have a say in how the property is managed.

146 Boundary Road,
Pascoe Vale
Tel: 1800 111 199

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