Public Presentation
Introduction:
Today at this public presentation Council will outline its exciting development which will be starting at Rotary place. Today we will give a short presentation on:
short presentation on:
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The Vision
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The Concept
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Unit Design
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Occupation Arrangements
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Timeline
Tumbarumba Retirement Village
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Independent Living Units
The Vision:
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To address the shortage in senior independent living To
address the shortage in senior independent living
accommodation, Council is proposing to construct a total of eighteen (18) units in a number of stages
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This will increase the supply and diversity of residences that meet the needs of seniors
residences that meet the needs of seniors
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Stage 1 consisting of four (4) independent living home units to be constructed on the land adjacent to Mitchell Street
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The site is adjacent to the Tumbarumba hospital and The
site is adjacent to the Tumbarumba hospital and
the existing Rotary Place units and has pedestrian path linkages to the Tumbarumba main street 
Within the various unit designs, all units incorporate panoramic views of both the township and the beautiful Snowy Mountains
beautiful Snowy Mountains.
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The development will be the only development in Tumbarumba to comply with the requirements of the State Environmental Planning Policy (SEPP) ‐ Housing for Seniors or People with a Disability 2004 with emphasis on
◦ Development of housing that is located and designed in a manner suited to both people who are independent, mobile and active as well as those who are frail. 
Key features of the SEPP include:
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◦ No steps or steep ramps
◦ Greater internal circulation space within the units
◦ Accessible bathrooms
◦ Access to Community Transport
◦ Less maintenance
Less maintenance
◦ Greater personal and property security
Tumbarumba Retirement Village
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Independent Living Units
The Concept:
The concept master plan was designed in conjunction with The
concept master plan was designed in conjunction with
Council’s Aged Accommodation Committee and Rob Picket Design and comprises several stages.
Features
 Development which complies with Housing for Seniors SEPP
 Integrates with existing units
 Provisions for future community centre
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 Outdoor communal spaces
 Pathway access to main street
 Choice of design 2 or 3 bedroom units
 Private outdoor living areas
 Availability of Community Transport
Stage 1
 Stage 1 comprises four units and pathways linking Stage 1 comprises four units and pathways linking
with existing units
Features
 Choice of Design 2 & 3 bedroom units
 Private outdoor living areas
 Secure garage with storage area
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 Off street visitor parking
 Maintained common areas and gardens
Stage 2 and beyond
 Construct up to 14 additional units in response to Construct up to 14 additional units in response to
demand below existing units  Construct pathway from development to connect with creekscape pathway allowing alternate access to CBD
 Renovate or construct new community centre where Renovate or construct new community centre where
existing Rotary Place units 1 to 4 are currently located. Design options being considered are
◦ Communal meeting area with kitchen facilities
Area for activities such as Indoor bowls, cards,
◦ Area for activities such as Indoor bowls, cards, darts, table tennis
◦ Area for a possible gym/fitness area
◦ TV lounge area
Under cover bbq area / outdoor sitting area
◦ Under cover bbq area / outdoor sitting area
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Independent Living Units
Unit Design:
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Units range in size from two‐bedroom units with a single U
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garage through to large three‐bedroom units with approximately 123m2 of living area
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In stage 1 there are two (2) preferred unit designs with a number of style options
Unit 1 – Style 1
Unit 1 – Style 2
Unit 1 –
Style 2
Unit 1 – Style 3
Unit 2 – Style 1
Unit 2 – Style 2
Unit 2 – Style 3
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Key feature include:
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◦ Large modern design
◦ Greater circulation space
◦ Fully disabled accessible ◦ Secure garage enlarged for additional storage
◦ Two toilets including one ensuite arrangement
Two toilets including one ensuite arrangement
◦ Off street visitor parking ◦ Private outdoor living areas
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There is a degree of flexibility in the unit design for There
is a degree of flexibility in the unit design for
the first units constructed subject to entering into an agreement and before tenders are advertised
Tumbarumba Retirement Village
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Independent Living Units
Occupation arrangements:
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The new Tumbarumba Retirement Village The
new Tumbarumba Retirement Village
Independent Living Units will operate under a licence fee agreement in accordance with the Retirement Villages Act
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Potential residents will need to apply. All applicants will be assessed for suitability 
Residents will also make a weekly contribution towards upkeep and general maintenance.
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Potential residents need to consider and understand Potential
residents need to consider and understand
these financial arrangements when considering life choice options
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Council strongly advises that interested residents seek independent advice from their financial planner or solicitor in determining the s itabilit of this st le of
solicitor in determining the suitability of this style of living.
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Indicative licence fees are based upon current construction costs. These may change subject to p
acceptance of construction tender
Licence fee:
The Tumbarumba Retirement Village Independent Living Units g
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will operate under a licence fee arrangement.
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A licence fee is paid up front for the right to occupy.
The licence fee for the initial release of Stage 1 are:
◦ Type 1 ‐ 3 Bedroom unit $165,000 (construction costs $210 00)
$210,00)
◦ Type 2 ‐ 2 Bedroom unit $160,000 (construction costs $200,000)
Each year a portion of the licence fee is retained by Council.
The retention is to be used for future renovations and replacement of fittings over the life of the unit.
replacement of fittings over the life of the unit.
The balance of the licence fee on vacating the unit will be returned to the resident or to their nominee.
No Exit Fees
The licence fee and retention rate is secured by a signed agreement. The fee may increase in the future for new residents. This is to ensure adequate coverage for capital replacement.
The retention rate is based on a sliding scale over a period of 10 years with a maximum of 50% of the licence fee retained by Council
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Proposed retention rates are displayed in the below table
Year 1
2
3
4
5
6
7
8
9
10
Total
% per p
year 10%
8%
8% 6% 6% 4%
3% 2%
2%
1%
50%
Below are 2 examples showing how the retention works and how much of the licence fee will be returned.
 Example 1:
Resident living in a Type 2 – 2 bedroom unit pays a li
licence fee of $160,000. They live in the units for a period f
f $160 000 Th li i th
it f
i d
of 2 years but decide to move. Of the $160,000 they will receive $131,200 which is calculated as:
Year 1: Year 2:
$160,000 x 10% $160,000 x 8%
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$ 16,000 $ 12,800 ,
Total Retained $ 28,800 Total Returned ($160,000 ‐ $28,800) = $ 131,200 
Example 2:
Resident living in a Type 1 – 3 bedroom unit pays a licence fee of $165 000 They live in the unit for a period of 8 years and 150
of $165,000. They live in the unit for a period of 8 years and 150 days but decide to move into a nursing home. Of the $165,000 they will be returned $86,094 which is calculated as:
Year 1: Year 2: Year 3: Year 4:
Year 4: Year 5: Year 6: Year 7: Year 8: Year 9: 150 days $165,000 x 10% $165,000 x 8% $165,000 x 8% $165 000 x 6%
$165,000 x 6%
$165,000 x 6% $165,000 x 4% $165,000 x 3% $165,000 x 2% $165,000 x 2% ÷ 365 x 150 Total Retained
Total Retained
$ 16,500 $ 13,200 $ 13,200 $
$ 9,900 9 900
$ 9,900 $ 6,600 $ 4,950 $ 3,300 $ 1,356 $ 78 906
$ 78,906 Total returned ($165,000 ‐ $78,906) = $ 86,094 Weekly Contribution:
Residents will be required to contribute a weekly amount of $85 which covers the following:
 Mowing and gardening of the common areas
 Repair and maintenance to units and common areas
 Fire safety and pest control
 Building insurance
 Rates, water and Sewerage access charges
 Kerbside waste removal
Not included in the weekly contribution and which residents will need to budget for:
 Monitoring of health alarm system (optional)
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 Domestic electricity usage
 Water usage
 Maintenance and mowing of private lawns and gardens
 Contents insurance
 Other incidentals
Cost of living Comparison:
How does this style of living compare?
A resident stays in a unit for 10 years and initially paid a licence fee of $160,000 At 10 years 50% of the licence fee is retained (as per the table)
At 10 years 50% of the licence fee is retained (as per the table)
A weekly contribution of $85 is paid towards common area maintenance
10 years
1 year equivalent 1 Week
1W k
1 Week + weekly contribution
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t ib ti
Weekly Costs
$160,000 x 50% = $80,000
$80,000 ÷ 10 years = $8,000
$8,000 ÷ 52 weeks = $154
$154 $85 $239
$154 + $85 = $239
$239
For the equivalent of a weekly rental of $239 residents receive a fully maintained, modern, seniors friendly 2 bedroom unit in a development which complies with the Seniors living SEPP with no worries of how to fund future maintenance or repairs
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Independent Living Units
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Public meeting undertaken
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◦ May 2012
Dwellings design and tender documents finalised for Stage 1
◦ June 2012
Tenders for constructions advertised
◦ June 2012
Tenders assessed and awarded
◦ July 2012
Construction commences on Stage 1
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◦ August 2012
Construction completed and units occupied
◦ February – March 2013
Stage 2 – Construction of a further units (subject to Stage 2 Construction of a further units (subject to
demand)
◦ 2014‐2015
Develop Community Centre
◦ 2015‐2016
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Independent Living Units
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Copies of the presentation are available for potential residents to take home and view
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Anyone wishing to discuss the Tumbarumba Retirement Village Independent Living Unit development or seeking further information is p
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encouraged to contact ◦ John Proctor 6948 9102
◦ Gus Cox
6948 9116
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6948 9106
◦ Kay Whitehead