Lifestyle
Benefits
• Close proximity to Lake and water activities and the region’s
Golf Courses
• Clean, country living
• Luxurious holiday and permanent living accommodation at
affordable costs
• Close proximity to Melbourne, Sydney and Canberra
• 10 minutes to the airport and Hume Bypass
• 15 minutes to both Albury and Wodonga CBD
• Very low maintenance e.g. gardening and lawns managed
by LHR
• Clearly defined seasonal changes – excellent for
Summer water activities and nearby Winter sports and food &
wine experiences
• Resort Dining Facilities at your fingertips
• Professional on-site management if required.
Lake
Hume Resort Facilities
• Family Restaurant and Cafe.
• Swimming Pool, Sauna and Spa (part of the community scheme)
• Tennis Court
• Mini Golf
• Conference Facilities
• Function / Wedding Facilities
Terms
of Purchase
•
Expression of interest to “hold” property for two
weeks is $2,000.
• 10% deposit in solicitor’s trust account at contract
becoming unconditional
• Deposit payable by cheque, bank transfer or bank guarantee
• Balance of purchase price payable upon settlement
Developer
Batava
Pty Ltd was established by the current owners who have owned Lake
Hume Resort for the past 12 years
Operator
• Lake Hume Resort will be the on-site manager if you do
require this service. Your investment (if you choose a letting
or lease agreement) will be “hands-free”. Lake Hume
Resort will take care of the day to day running of the Resort
with your property in the rental or lease agreement, and ensure
that maximum returns are achieved.
• The Lake Hume Resort has long-term experience in managing
self-contained holiday accommodation as well as motel rooms. The
Resort has steadily increased its holiday and conference client
base over its years of operation and enjoys a database of repeat
clientele.
• Alternatively, the owner can live in their residence or
employ a different manager if they were considering long term
rental or casual letting.
Ownership
Arrangements
Permanent
Living / holiday Home / Letting / Leasing
•
The flexibility of the strata subdivision and building allows
the purchaser to select their required use or change their purpose
at a later date if circumstances are different.
• An owner could live in one section or both sections on
a permanent basis or part time and let out one or two of the sections
when they wished.
• Alternatively an owner could use the property for their
own personal holiday home and keep the villa locked up for the
remainder of the year.
• A letting agreement is also another option where the villa
could be let out in accordance with the owner’s instructions.
•
Non Binding Return calculations can be provided if the purchaser
chooses a letting agreement. Under the various letting arrangements
all the outgoings are paid by the owner and the letting agency
charges a management, marketing and servicing fee. – refer
to calculations.
Alternatively
guaranteed lease arrangements start $520 a week ($27,040 p.a).
Owners to pay land rates and land tax (if applicable). Lessee
(LHR) pays body corporate fees which includes the building insurance
and admin costs and water and sewerage rates. Under the lease
agreement lessee also pays the electricity and gas charges and
all marketing and servicing fees.
• Alternative arrangements including combination of leasing
and letting are available if owner requires part use. For example
if you wished to live in the apartment side the Resort would let
the studio side for $225 a week.
• Depreciation schedules available showing initial tax deductable
claims in excess of $15,000 per annum.
Furniture,
Electrical, Décor & Kitchen Packages
This
is a requirement if a lease or letting agreement is chosen. A
full schedule of the furniture and fittings to be supplied including
depreciation schedules. Enquire with the developer for further
details.
