We provide this information as part of our Duty Of Care.  A service to you & our existing clients.

On the Web is an updated list of units for sale as they come available. www.amberlee.com.au/units for sale.

Purchasers please note we at Amberlee or Ace-Hi do not sell cabins or units we assist our clients (the vendor) and our prospective clients (the purchaser) as a service. Amberlee, Ace-Hi make no comment, claim or guarantee as to the condition of the unit. It is “buyer be wary” Amberlee are paid by the Vendor for this service. Some of the information below is useful if you are considering placing your unit into a park

            We do offer some suggestion, not total, as to what to look for, only as a guide.

1.) Is the unit big enough for you and your family’s over the coming years? For resale the bigger the better!

2.) Does the Outside Living Area comply with the definition “Movable”?    Is the unit a RMD Register able Movable Dwelling? Does it comply? Or a UMD Unregisterable Moveable dwelling .Does it comply?

3.) Is the unit Under 25 years old? Is there a Sunset Clause of say 30 years old?

4.) Is there an independent assessment of the unit? It’s Soundness, health & safety, Plumbing & Electrical Certificate’s of Compliance?

5.) Does the Vendor you are purchasing from have the authority to dispose of the unit chattels.

Is it unencumbered?

6.) Would the value of the unit you intend to purchase drop if the unit had to be re-located? If so! The balance you are paying over that price is premium because of site value. If this unit is on an annual site with no long term leasehold then, under the Residential Tenancies Act only 6 months notice needs to be given for the unit to be removed from the site (conditions apply). Read the contract as to weather you are purchasing any long term rights to that site.

7.) Will you obtain good resale value because the park is most likely to stay in business as a park and not be subjected to pressures from Developers of the whole property or part of the property?

8.) Are you able purchase an ongoing guarantee of tenure, Annual rolling over, 15 year lease, 50 year lease, 99 year lease?

9.) What are, Annual fees / Body Corporate fees? They are for service supplied being some of the list below, but not restricted to: Installation, attendance and running cost/maintenance of Boom gates, Roads, CCTV, Pool & surrounds, Playground & surrounds, Trampoline’s & surrounds, Common area grounds, Common lighting, Sewage, Storm water removal, Power supply, Maintenance of grass / lawns & some trees on your site generally excluding gardens & shrubs planted by yourself. Most additional costs are: common utilities, including rates, taxes land & water, property insurance not vandalism. A land rental charge is included where applicable also storage

10.) Is the property a holiday or residential property, restricted to a maximum no of days use? When you are not in attendance, will anything that impacts on your unit be reported to you, with as much background as possible? The above are some of he costs & expenses for which Annual fees / Body corporate fees are charged, though the list goes on.

 

Please Note: Mornington Peninsula land is extremely valuable property, generally it is rated and taxed as land in a residential area, therefore please consider your purchase there will be continually rising fees and surcharges.

 

 

This means you are given a list of units in the price range you indicate. You assess the price you would like to offer within that range, if the offer meets the seller’s expectations a sale takes place.

 

 

Holiday Home in the Street of your choice - Cost 250k to 750K or more.

 

You choose the home, You choose the Street, You are bound by Council regulations, You pay Council Rates, Melbourne Water & Sewer Rates, Electricity & Gas, Land Tax if it is your second home, Stamp duty, You look after the security, the grounds maintenance, the building maintenance, You find any problems when you get there e.g. House broken into, tree damage to property, water or power not on Why?, HWS won’t fire up, What if the Neighbours don’t like tourists, it is a lot of money to lay out, You have more invested therefore a higher capital gains. There may be an opportunity to let the house out when you are not using it in peek times. Generally not in off peek times unless it is let residentially but then it is not your holiday home any more as you cannot have it when you want it.

 

A unit or cabin in a holiday park – Cost 20k to 250k.

Why the big price range? Depends on whether there is Land purchase within the price! OR Bring my own unit into a holiday park

 

You choose the holiday park, you choose the Cabin, and you are bound by the property regulations which include Council regulations, though the red tape is taken care of by the property management on your behalf.

You pay an annual fee/rent or body corporate fee they include, Council Rates, Melbourne Water & Sewer Rates, Land Tax where applicable, no Stamp duty, you pay your own metered Electricity & Gas, the property look after the security, the grounds maintenance, your building maintenance is your responsibility though finding the tradesman and looking after the hassles is taken care of for you, if you would like the property management will oversea the tasks for you if you are not in attendance. The property notifies you of any problems that may arise or will assist you if you find water or power is not on why? Or HWS won’t fire up, the Neighbours are tourists, lower entry price, still with capital gains. There may be an opportunity to let the unit out when you are not using it in peek times, also off peek times for casual use therefore the unit is there for you when you require it, it becomes a “Lifestyle Investment” for you.

 

In a nut shell a Holiday Home in the Streets entry cost are higher, you have more autonomy, you then pay less per annum for less service, you have more hassles.

 

In a Holiday Park Entry costs are less; Annual costs are more, less hassles more service.

 

 

Not all parks offer all of these choices; you may choose the park by the length of lease they offer. Parks Land banking will offer only 1 year lease. Other length leases are a matter of choice and price.

 

If you choose on price what questions should you ask yourself?

 

Is the Park land banking? Land banking is when the real estate value is most likely worth more than the business, then that is shown a few ways.

1                      Is the land position obviously desirable, therefore more valuable than other land?

2                      Is the land in the “Urban development area”, check with the shire? If yes it will one day be developed.

3                      Are the fees a bit less as the fees are not the most important business asset. Land banking properties will sell when the price is right. Then you will be given 6 month notice to vacate causing you inconvenience, costs or loss of value of your unit.

 

1                                Look at the Recreational Facilities for you and your family

2                                Ambience, you are proud of, for your use, your guests and for re sale value.

3                                What services provided suit you, also what security is in place, for you personally and your property.

4                                Are conditions in place that assure you of the opportunity to holiday without other persons infringing on your personal comfort or space.

5                                What size is the site, the space size of site also aesthetics and maybe views

 

1                                It seemed good at the time but I have too many commitments to use it much! Consider the investment it may seem good when you are visiting or holidaying at the park but will you and your family get use out of it.

2                                Park is too noisy, I don’t really get a break because of other persons infringing on your personal comfort or space! Check out the rules and regulations terms and conditions also check: are they enforced?

3                                A 1 year lease is cheaper, why, what is the problem? If the park is not in the Urban Development area it seems fine it most likely won’t be developed so why pay for an expensive lease. Maybe just areas of the park will be re developed say to put in cabins, get some assurance that won’t happen in the next say 10years.

4                                A 10 or 15 year lease costs extra money what is the value? That is at least 2 average stays the average ownership of a holiday cabin is around 5 to 7 years. So it is offering you security. If the park has plans they are most likely within 10 years.

5                                50 & 99 year leases costs are quiet large, are they valuable!          A 99 year lease is definitely like purchasing land a 50 year lease is less but cheaper and again virtually a land purchase. 99 & 50 year leases generally come with less body corporate fees because of the purchase investment.

 

 Another consideration the Mornington Peninsula is expensive. Land is expensive council on costs are expensive therefore it costs to have a holiday home or cabin on the Peninsula. Having said that…..

 

Amberlee Four Star Holiday Park is a more traditional Holiday Park with a lot of facilities and features, including a tranquil bush setting and excellent facilities for the children.

 

Cape Schanck Family Holidays at Ace-Hi is very new, still having some of the rough edges of a newly established property. CSFH have very large sites most with views either of Bass Strait and long rural views. Those investing in CSFH early may be big winners in capital gains as more parks close on the Peninsula.

 

Most years 2 parks close on the Peninsula for development, in the last 10 years the number of parks on the Peninsula has halved with only Cape Schanck Family Holidays opening.

We provide this information as part of our Duty Of Care.  A service to you & our existing clients.

On the Web is an updated list of units for sale as they come available. www.amberlee.com.au/units for sale.

Purchasers please note we at Amberlee or Ace-Hi do not sell cabins or units we assist our clients (the vendor) and our prospective clients (the purchaser) as a service. Amberlee, Ace-Hi make no comment, claim or guarantee as to the condition of the unit. It is “buyer be wary” Amberlee are paid by the Vendor for this service. Some of the information below is useful if you are considering placing your unit into a park

            We do offer some suggestion, not total, as to what to look for, only as a guide.

1.) Is the unit big enough for you and your family’s over the coming years? For resale the bigger the better!

2.) Does the Outside Living Area comply with the definition “Movable”?    Is the unit a RMD Register able Movable Dwelling? Does it comply? Or a UMD Unregisterable Moveable dwelling .Does it comply?

3.) Is the unit Under 25 years old? Is there a Sunset Clause of say 30 years old?

4.) Is there an independent assessment of the unit? It’s Soundness, health & safety, Plumbing & Electrical Certificate’s of Compliance?

5.) Does the Vendor you are purchasing from have the authority to dispose of the unit chattels.

Is it unencumbered?

6.) Would the value of the unit you intend to purchase drop if the unit had to be re-located? If so! The balance you are paying over that price is premium because of site value. If this unit is on an annual site with no long term leasehold then, under the Residential Tenancies Act only 6 months notice needs to be given for the unit to be removed from the site (conditions apply). Read the contract as to weather you are purchasing any long term rights to that site.

7.) Will you obtain good resale value because the park is most likely to stay in business as a park and not be subjected to pressures from Developers of the whole property or part of the property?

8.) Are you able purchase an ongoing guarantee of tenure, Annual rolling over, 15 year lease, 50 year lease, 99 year lease?

9.) What are, Annual fees / Body Corporate fees? They are for service supplied being some of the list below, but not restricted to: Installation, attendance and running cost/maintenance of Boom gates, Roads, CCTV, Pool & surrounds, Playground & surrounds, Trampoline’s & surrounds, Common area grounds, Common lighting, Sewage, Storm water removal, Power supply, Maintenance of grass / lawns & some trees on your site generally excluding gardens & shrubs planted by yourself. Most additional costs are: common utilities, including rates, taxes land & water, property insurance not vandalism. A land rental charge is included where applicable also storage

10.) Is the property a holiday or residential property, restricted to a maximum no of days use? When you are not in attendance, will anything that impacts on your unit be reported to you, with as much background as possible? The above are some of he costs & expenses for which Annual fees / Body corporate fees are charged, though the list goes on.

 

Please Note: Mornington Peninsula land is extremely valuable property, generally it is rated and taxed as land in a residential area, therefore please consider your purchase there will be continually rising fees and surcharges.

 

 

This means you are given a list of units in the price range you indicate. You assess the price you would like to offer within that range, if the offer meets the seller’s expectations a sale takes place.

 

 

Holiday Home in the Street of your choice - Cost 250k to 750K or more.

 

You choose the home, You choose the Street, You are bound by Council regulations, You pay Council Rates, Melbourne Water & Sewer Rates, Electricity & Gas, Land Tax if it is your second home, Stamp duty, You look after the security, the grounds maintenance, the building maintenance, You find any problems when you get there e.g. House broken into, tree damage to property, water or power not on Why?, HWS won’t fire up, What if the Neighbours don’t like tourists, it is a lot of money to lay out, You have more invested therefore a higher capital gains. There may be an opportunity to let the house out when you are not using it in peek times. Generally not in off peek times unless it is let residentially but then it is not your holiday home any more as you cannot have it when you want it.

 

A unit or cabin in a holiday park – Cost 20k to 250k.

Why the big price range? Depends on whether there is Land purchase within the price! OR Bring my own unit into a holiday park

 

You choose the holiday park, you choose the Cabin, and you are bound by the property regulations which include Council regulations, though the red tape is taken care of by the property management on your behalf.

You pay an annual fee/rent or body corporate fee they include, Council Rates, Melbourne Water & Sewer Rates, Land Tax where applicable, no Stamp duty, you pay your own metered Electricity & Gas, the property look after the security, the grounds maintenance, your building maintenance is your responsibility though finding the tradesman and looking after the hassles is taken care of for you, if you would like the property management will oversea the tasks for you if you are not in attendance. The property notifies you of any problems that may arise or will assist you if you find water or power is not on why? Or HWS won’t fire up, the Neighbours are tourists, lower entry price, still with capital gains. There may be an opportunity to let the unit out when you are not using it in peek times, also off peek times for casual use therefore the unit is there for you when you require it, it becomes a “Lifestyle Investment” for you.

 

In a nut shell a Holiday Home in the Streets entry cost are higher, you have more autonomy, you then pay less per annum for less service, you have more hassles.

 

In a Holiday Park Entry costs are less; Annual costs are more, less hassles more service.

 

 

Not all parks offer all of these choices; you may choose the park by the length of lease they offer. Parks Land banking will offer only 1 year lease. Other length leases are a matter of choice and price.

 

If you choose on price what questions should you ask yourself?

 

Is the Park land banking? Land banking is when the real estate value is most likely worth more than the business, then that is shown a few ways.

1                      Is the land position obviously desirable, therefore more valuable than other land?

2                      Is the land in the “Urban development area”, check with the shire? If yes it will one day be developed.

3                      Are the fees a bit less as the fees are not the most important business asset. Land banking properties will sell when the price is right. Then you will be given 6 month notice to vacate causing you inconvenience, costs or loss of value of your unit.

 

1                                Look at the Recreational Facilities for you and your family

2                                Ambience, you are proud of, for your use, your guests and for re sale value.

3                                What services provided suit you, also what security is in place, for you personally and your property.

4                                Are conditions in place that assure you of the opportunity to holiday without other persons infringing on your personal comfort or space.

5                                What size is the site, the space size of site also aesthetics and maybe views

 

1                                It seemed good at the time but I have too many commitments to use it much! Consider the investment it may seem good when you are visiting or holidaying at the park but will you and your family get use out of it.

2                                Park is too noisy, I don’t really get a break because of other persons infringing on your personal comfort or space! Check out the rules and regulations terms and conditions also check: are they enforced?

3                                A 1 year lease is cheaper, why, what is the problem? If the park is not in the Urban Development area it seems fine it most likely won’t be developed so why pay for an expensive lease. Maybe just areas of the park will be re developed say to put in cabins, get some assurance that won’t happen in the next say 10years.

4                                A 10 or 15 year lease costs extra money what is the value? That is at least 2 average stays the average ownership of a holiday cabin is around 5 to 7 years. So it is offering you security. If the park has plans they are most likely within 10 years.

5                                50 & 99 year leases costs are quiet large, are they valuable!          A 99 year lease is definitely like purchasing land a 50 year lease is less but cheaper and again virtually a land purchase. 99 & 50 year leases generally come with less body corporate fees because of the purchase investment.

 

 Another consideration the Mornington Peninsula is expensive. Land is expensive council on costs are expensive therefore it costs to have a holiday home or cabin on the Peninsula. Having said that…..

 

Amberlee Four Star Holiday Park is a more traditional Holiday Park with a lot of facilities and features, including a tranquil bush setting and excellent facilities for the children.

 

Cape Schanck Family Holidays at Ace-Hi is very new, still having some of the rough edges of a newly established property. CSFH have very large sites most with views either of Bass Strait and long rural views. Those investing in CSFH early may be big winners in capital gains as more parks close on the Peninsula.

 

Most years 2 parks close on the Peninsula for development, in the last 10 years the number of parks on the Peninsula has halved with only Cape Schanck Family Holidays opening.