Property Insider
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For an idyllic lifestyle, consider a land lease community Land lease communities offer a unique blend of financial advantages and lifestyle enhancements that appeal strongly to those seeking a comfortable and affordable retirement. Envisage downsizing, and looking for a budget-conscious lifestyle? One that embraces active retires seeking an affordable, independent and social next chapter? Then a land lease community could be the answer. Land lease living is now estimated to represent a $12 billion market in Australia, with approximately 130,000 residents already living in these communities. There are more than 44,000 purpose-built homes currently in operation, and demand from the over 50s is expected to require an additional 200,000 homes over the next two decades. Thirty years ago, the land lease concept was closely associated with caravan parks and manufactured home estates. As these communities evolved, the developers incorporated luxurious shared amenities and landscaped environments. Currently it is not possible to purchase in a land lease community with a traditional home loan or mortgage due to not owning the land. This model of home ownership enables you to own your home outright while leasing the land it’s built upon. This unique setup provides several compelling benefits including: • Enhanced affordability – no stamp duty payable when you purchase a home – this can free up more cash for your retirement • Possible lower overall housing costs – as you are not purchasing the land, the entry price point for homes in Land Lease Communities is more affordable than traditional housing options
• No council rates, further reducing your regular expenses • Possible eligibility for government rent assistance which is
based on your weekly site fee that can vary between villages
• Financial flexibility as there are no exit fees payable when you leave therefore freeing up extra funds
• Lifestyle villages offer resort style amenities such as swim-
ming pools, club-houses, bowling greens, tennis courts, libraries and more; all within walking distance to your home – no car required • All villages have pet policies that stipulate size and number of pets permitted • Active social communities offering diverse interests that are ideal if you enjoy socialising and being part of a vibrant group • Sense of community and extra security – many villages offer gated entry which provides peace of mind, knowing that you have friendly people nearby and an extra layer of security.
If you wish to downsize and desire a low maintenance lifestyle, financial flexibility, with resort style amenities then a land lease community could be the answer. What was once considered a niche option is now attracting a wider audience of buyers who are actively planning the next chapter of their lives. Mr Property Services was established in 2008 and offers a professional and dedicated service to ‘buyers’ and ‘sellers’ if you are looking to downsize into a land lease community on the Tweed Coast in Northern New South Wales. Mr Property Services have a strong understanding of lifestyle villages and residential park living, regulatory and legal requirements, as well as current market trends and would love to be able to assist you on your journey to a new home. ■ For more information call Kelvin Price 0423 028 468 or Heike Wilson 0403 713 658 - mrpropertyservices.com.au
For Sale 1 Porter Street & 5 Easy Street, Byron Bay NSW
Occupy or Invest in Byron Bay’s Creative & Commercial Heart from $450,000 – Strong entry-level investments – Owner-occupier and investment opportunities – Units from 32 sqm to 471 sqm* – Retail and office uses – Award-winning mixed-use precinct – World class location close to key infrastructure – Strong tourism & resilient local economy
For Sale via Offers to Purchase Nick Kennedy *Approx
www.echo.net.au
0400 789 896 June 10, 2026 The Byron Shire Echo 35