The Harry Tregoweth Retirement Village was established in 1993 with the construction of three two-bedroom, self-contained homes on Council property at Plane Street, Lucindale.
The popularity of the scheme enabled a further three homes to be completed in 1994 and officially opened by the Governor of South Australia in February 1995.
The Village was established to meet a demand for local accommodation for individuals and couples aged 55 years or older and retired from full-time employment. (The Village is administered pursuant to the Retirement Villages Act 2016.)
Housing Agreement
Residents of the Village are required to enter into a Retirement Home Residence Contract ("The Agreement") with the Naracoorte Lucindale Council.
The Council retains ownership of the unit, with the resident assuming many of the rights and responsibilities of home ownership.
A monthly maintenance fee charged to the resident contributes to the upkeep of the building exterior and lawn areas, building insurance, refuse collection, water charges and rates and taxes.
The resident is responsible for cleaning their unit, maintaining all garden beds adjacent to the unit, utility charges and contents insurance.
The rights and responsibilities of the Council and the resident are further explained in the Agreement.
Purchase Price
A purchase price (premium) is set, per unit, with a guaranteed buy back of at least 70% of the initial premium. The Council retains 6% of the premium per year (or part thereof) to a maximum of 30%.
Further Information
If you have any further questions or would like to discuss an agreement in further detail, contact Council by telephone on (08) 8760 1100 or by email at council@nlc.sa.gov.au