The Independent Units occupy the majority of the Village, and are as unique as the residents who live in them. There are 3 different styles of self-contained units from which to choose, the smallest being a one bedroom unit, and the largest having 1 bedrooms plus study and attached enclosed carport. Each unit is fully self-contained and is priced according to its size and features.

Being a resident-funded retirement village, the occupation of the unit is covered by a lease conveying occupancy rights, obligations of both the Company and the resident and the repayment scheme of the capital sum. In general terms, a resident would expect to receive a repayment of around 61% of the original entry price of the unit at time of departure after 6 or more years occupation of the unit.

Once the resident is settled in the unit, they are free to decorate to their personal tastes. Our monthly service fee covers most of the major outlays for a resident, including water and council rates (inclusive of the pensioner concession amounts), use of the community facilities, emergency call system, and most internal and external maintenance of the property.

Retirement village service fees cover the ongoing costs associated with operating and maintaining the village. These fees are charged to residents on a monthly basis.

The specific items that are covered by service fees can vary depending on the village, but in our Village, they include:

Staff salaries and wages

Building maintenance and repairs

Water & Council Rates (inclusive of pensioner concession amount) **

Staff, Building and common area Insurance

Common area landscaping and gardening

Administration and management costs

Cleaning and Maintenance of the Community centers

Community activities and events

Village Bus service

Emergency call systems

It's important to review and understand the terms of the service fee contract before signing and moving into a retirement village, as it can vary depending on the village, and it's also important to be aware of the fees and any additional costs that may be incurred.

**non-pensioners pay an additional fee equal to the pension concession.

Call to make an appointment with our Village Manager who will explain the application and waiting list process to you and provide you with all of the necessary information and documentation to help you make a decision about moving into retirement living at Rosebud Village.

Moving into a retirement village is a big decision, we encourage you to discuss this with your family and loved ones so everyone understands the financial arrangements and the services provided in independent living.

Baptist Village Baxter Ltd trading as The Village Baxter owns and operates Rosebud Village. Rosebud Village Resident pay a monthly service fee that covers the day to day operating costs of the Village. A long term maintenance fund managed through the Resident Committee covers major works at Rosebud Village.

The Village Baxter is the trading name of the Baptist Village Baxter Ltd. which was established in 1986. Baptist Village Baxter Ltd owns and operates Rosebud Village.

Baptist Village Baxter is a company limited by guarantee. A company limited by guarantee is an alternative type of corporation used primarily for non-profit organisations that require a legal personality. A guarantee company does not have a share capital, or owners, but has members who are guarantors instead of shareholders. The guarantors give an undertaking to contribute a nominal amount towards the winding up of the company in the event of a shortfall upon cessation of business. It cannot contribute its profits to its members, and is therefore eligible to apply for charitable status if necessary. The Village is an independent company and is not part of the Baptist Union of Victoria. The Village owns all of the titles to the land at 8 Robinsons Road and all but 3 titles to the land at 287-323 Bayview Road Rosebud. The Village is a not-for-profit, community organisation, a registered Charity and Public Benevolent Institution.

Directors or "Board Members" are appointed by the members of the company, and in our case, the Directors and Board Members are the same people. New Directors are appointed when a vacancy arises and as with most community-based organisations, this is the result of someone making themselves known to the Board and showing an interest in the organisation. As with any company, Directors cannot have a material personal interest in the affairs of the company and as such it is the Board's view that Residents would breach this requirement and thus cannot be Directors.

The Board oversees the strategic direction and development of the Village. The day-to-day management of the Village is the responsibility of the Chief Executive Officer, who reports to the Board. The Board approves the operating and capital budgets and annual business plans and monitors our performance against the budget and our plans. If the Village were ever to be wound up, after all debts and loans had been repaid, any excess funds must go to a similar organisation, excess funds cannot be given to the members of the company. Directors are volunteers and do not receive wages or salary from the company.

The Village Church is a totally separate entity to the Village and is a self-governing, non-denominational church. Village Baxter does not employ the Chaplains and Village Staff do not get involved in the operations of the Church. The Church is operated and managed entirely by Village Residents; it is not a Baptist Church. The salaries of the chaplains are not paid by the Village and are paid through donations and gifts to the Church.

Any retired person of pensionable age (67) is entitled to apply for residency in the Village. Each applicant is assessed for suitability on the basis of age, state of health, and ability to meet the financial requirement of residency. The average age of new Village residents when they move in is 74 and the average age of all current Residents is 84.

Rosebud Village does not provide care and accommodation for disabled children. Residents must be retired, of pensionable age (over 67) and able to live independently.

No. The Rosebud Village is a Resident-funded Retirement Village. This means that a Resident is required to pay a capital sum on entering the Village and is later entitled to receive a portion of that sum back. It is important for Residents to be aware that they do not "own" the unit. Residents do not have a separate title which can be sold, transferred or bequeathed. A Resident acquires the right to occupy the unit for the remainder of their life or until the agreement is terminated. At that time the amount of refund due will be calculated according to the terms of the Agreement. Ownership of the unit remains at all times with the Company.

No, the service fees apply on a per unit basis, not an individual basis. Your Agreement would continue and the refund entitlement would be calculated upon your departure.

Our standard Agreement provides that the occupier of an Independent Living Unit will receive a refund of their in- going capital sum less a deduction of 6% for each year of occupancy (or part thereof) to a maximum of 36% over a period of 6 years. In addition, a fixed sum of $15,000 will be deducted from the payout as a contribution to the replenishment of community assets and a 2% Administration Fee as a contribution to the administration, preparation and resale of the unit.

When you permanently vacate your unit, it is then prepared for resale by the Company and subsequently offered for sale at the current sales price. All refunds are paid in accordance with the Retirement Villages Act. However our current practice has been to refund much earlier than the Retirement Villages Act requires, generally upon departure to an Aged Care Facility or the grant of probate.

If only one of a couple transfers to aged care, Centrelink will usually not count the value of the unit in the Combined Assets Assessment as the spouse is still living in it.

The Company is contractually bound to pay the refund at the times set out in your Agreement and the Resident could sue for recovery if the entitlement was not paid. This right is further supported by the Retirement Villages Act 1986, which aims to protect the rights of Residents.

The Village has a mini bus that provides a regular service to the local shopping centres . There is a public bus stop outside the main gate.

There is a central community building, containing large meeting hall, recreational facilities, billiard table, nurses clinic, library, kitchen bar and lounge areas.

Recreational facilities include bocce green, putting green, greenhouse, hobby workshop, and vegetable gardens .

As far as possible the use of these facilities is entirely in the hands of Residents via the various clubs and Residents’ committees.

Service fees are determined in accordance with the provisions of the Retirement Villages Act and in conjunction with the elected Residents' Committee. The fees cover the daily operation of the Village and include such items as insurance, lawn mowing, light and power in public areas, the administration of the Village, staff wages, rates, water charges, Village Nurse services, cleaning and maintenance of common areas, etc. All service fees are payable in advance. For Independent Living Unit Residents, these fees presently cover all rates, insurance of staff, buildings and common areas, maintenance of common areas, including lawn mowing, and most internal and external repairs. Residents who are not eligible for Pensioner concessions on Council and Water rates are required to pay an additional fee equal to the value of the Pensioner concession that would have been received on their portion of water and council rates.

The Village will maintain the exterior of your unit and, in relation to buildings, equipment and furnishings, the Village is responsible for: structural repairs to all building; service of all company equipment; repairs to doors and windows including locks, keys, screens and seals (excluding additions and alterations made by Residents); repairs to reverse cycle air-conditioners, hot-water units and stoves; repair of toilets, bathroom fixtures and plumbing; re-grouting tiles in bathrooms and kitchens; replacement of broken clothes lines; repairs to gutters, downpipes, leaking roofs (excluding any additions and alterations made by Residents); removal of birds, vermin, nests and major infestations of ants and wasps from within building cavities. Permission to undertake other home maintenance such as installing shelving, rails, additional power points etc. can be granted and is at the Resident's own cost.

No. The Village refurbishes units as they are sold and resold, the Village does not replace carpets, drapes and interior painting in occupied units.

Yes, elections are held in September/October each year and the elected committee discusses all issues relevant to Residents including setting the service fees.

You do. Should you have any difficulty with doing these things, we will be happy to refer you to homecare who can provide services on a fee-for- service basis.

Some Village units have fully enclosed back gardens and Residents in those unit cans apply to keep a dog. Permission may be granted for a house cat or bird providing they are not a nuisance to other residents and do not create any health issues within the unit. External cat cages are not permitted.

A pet policy is in place and pets that create a noise nuisance are required to be rehomed.

The Village is currently fenced on all boundaries . The Village forms part of our local community and does not employ on-site security guards or night patrols. The general location of the Village, communal lighting, a growing number of strategically placed surveillance cameras, and close proximity of units within the Village are all deterrents to persons wishing to create a nuisance. Residents are encouraged to call 000 if they have concerns about their security at night.

A reverse cycle air-conditioning unit is provided as standard in all refurbished units. Additional heads may be installed upon request and at an additional fee.

The Village sells 'unimproved units' and does not charge additional fees for alterations and additions that have been installed by previous residents. Alterations and additions include items such as: additional Air-conditioners, enclosed verandas, laser-light or shade-cloth patio covers, trellis, paving stone walkways, ceiling fans, concrete garden edging etc. All residents pay the same service fee to cover general maintenance. In the interests of fairness, this standard service fee does not cover maintenance and repairs to alterations and additions in units. The Village will remove these items upon request, but will not provide maintenance services to them. Charges may apply if significant works are required to restore unit to the standard, unimproved, condition. Leaking enclosed verandas are not covered by the maintenance included in your service fees.

A range of community services can be provided in your home at an additional expense. Our staff are not able to provide individual support and are only on site weekdays during office hours.

INS provide an emergency call service that will connect a Resident to the relevant emergency service 24 hours a day just by pressing a button located in the unit.

Does living in the Village assure me of a place in the Manor (Village Baxter’s Aged Care Home in Frankston South)?

Admission to the Manor is not guaranteed. Individual care needs vary from person to person and a full assessment of the ability of our facilities to meet a Resident's care needs is undertaken prior to offering a place on the Manor waiting list. Village Residents are given preferential access to our waiting list where we are able to meet the Resident's needs. Admission to one part of the Manor does not guarantee admission to the Manor’s memory support area.

Yes. All Residents are required to abide by the Village By-laws. These are subject to review in accordance with the Retirement Villages Act and form a condition of your Resident Agreement. In addition to the By-laws, the Village has several policies relating to additions and alterations, enclosing carports, trees and shrubs, etc. that you should make yourself familiar with.

A number of carports are available in the Village with a yearly rental payable for their use. These are allocated to Residents who request them, on a first come, first served basis. Residents are requested to relinquish their carport when they cease to own a vehicle. Caravans are not permitted to be stored on the grounds.

The Village continues to undertake major refurbishments on vacated units, however there are no plans to build more or demolish any units at this time. Changes and developments are inevitable and Residents will be kept fully informed of any major developments.

Many people wish to register their intention to enter the Village, sometimes several years prior to actually planning to take up occupancy. This assures them of being accorded priority in allocation of units when they are ready to move into the Village. Any person wishing to be placed on the waiting list should contact the Rosebud Village Manager to ensure that they fully understand what is involved in Village life, and to assist them in selecting an appropriate type of unit. Upon completion of an Application Form, a waiting list deposit of $2,000 is payable. The amount is fully credited to the incoming capital contribution at the time of entry into the Village. In the event that a decision is made not to enter the Village, 90% of the deposit is refunded, the deduction of 10% being to cover costs of maintaining the waiting list, regularly making contact regarding service fee changes and to ascertain expected occupancy requirements.

If the Village opts not to accept an application the deposit will be returned in full.

A copy of the Occupancy Agreement and any statutory requirements are supplied for referral to a legal adviser. Other relevant documents will also be provided at the time of application.

If the available unit is accepted the Village Manager offers to hold the unit for a period of ninety (90) days to allow for the sale of the family home. An extension of time may be granted dependent upon individual circumstances.

UNDER NO CIRCUMSTANCES SHOULD AN EXISTING HOME BE SOLD UNTIL OUR SALES STAFF ADVISE THAT A UNIT WILL BE AVAILABLE FOR OCCUPANCY.

The AGM Documents and Presentation can be found using this download link