Affordable Independent Retirement Living

Our Terms, Conditions and Costs

Rental Conditions

Some of the units at the Wontama Homes complex are available for rent. All conditions of rental are laid down under the Residential Tenancies Act 1995. A bond amount of one (1) month’s rental is payable in advance. Rent payments are due on the 1st day of each calendar month.

Tenants are responsible for their own internal electricity, home and contents insurance premiums and telephone costs, and for the upkeep and maintenance of the rear gardens, excepting lawns.

Tenants are also responsible for their own furniture, carpets, window coverings and light fittings.

If a tenant leaves a unit, any bond money paid will be returned in full on the proviso that the unit is returned to the correct condition as per the Residential Tenancies Act 1995.


Ingoing Buy-In Conditions

Ingoing contracts cover all legal requirements in the Retirement Villages Act 2016 and the Aged Care Act 1997.

A deposit must be paid upon contract signing. The remainder of monies due is payable to our solicitor after the resident has been in residence for 3 months. In the event that the resident is unable to pay in full after 3 months, an interest charge is payable on the outstanding ingoing contribution amount. The current interest charge is set at 6.5% and is calculated and charged monthly until the arrears amount is paid in full.

An ingoing contribution amount is required for each unit, along with a recurrent monthly charge.

Monthly charges cover the cost of all repairs and maintenance, painting, rates and taxes, and gardening to the front of the units, including lawn mowing.

The exit entitlement after payment of the exit fee (if applicable) is to be returned to the tenants upon leaving. Full details of exit entitlements are explained in the Contract.

If the resident elects to leave early, a different percentage of the exit entitlement is returned at an amount that is explained in detail in the Contract.

For more information, terms and conditions, and availability of our affordable retirement living homes, please contact NYP Homes


More Info

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PO Box 256 Kadina,

South Australia 5554

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