Published: 21-Aug-2024

Unlocking retirement bliss: understanding Life Rights with Flower Foundation


Are you considering retirement living but feeling overwhelmed by the options? At Flower Foundation, we believe in offering more than just a place to live – we offer a pathway to lifelong comfort and security through our Life Right agreements.

What is Life Right?

Under a Life Rights agreement, residents pay a lump sum upfront, securing the right to live in a specific unit whilst they can. While residents don't own the property outright, they have the freedom to use and occupy it as their own. Upon the resident's passing or departure, the unit reverts to Flower Foundation, and the initial lump sum is typically refunded to the resident's estate or beneficiaries.

Benefits of Life Rights with Flower Foundation Retirement Homes:

  1. Financial freedom: Say goodbye to transfer fees, legal fees, and rates and taxes. With Flower Foundation, there are no hidden costs or surprises. Our transparent pricing structure ensures peace of mind for our residents.
  2. Peace of mind: Enjoy physical and financial security knowing that your home is in the capable hands of Flower Foundation. Our villages are equipped with state-of-the-art security features and emergency response systems, providing residents with round-the-clock support and assistance.
  3. Affordability: Our Life Right agreements offer affordable accommodation, often at lower prices than full title or sectional title homes. It's retirement living without breaking the bank. Plus, our refund policy is based on the future sales value of Life Rights, ensuring a fair and equitable return on investment.
  4. Stability: Flower Foundation Retirement Homes has been around since 1963, therefore you are assured that you have partnered with a stable organisation.
  5. Community connection: Join a vibrant community of peers who share your interests and experiences. Our retirement villages are hubs of social activity, fostering connections and friendships that last a lifetime. From fitness classes to cultural events, there's always something exciting happening at Flower Foundation.

Why choose Flower Foundation?

As the sole owner of the property, Flower Foundation manages, maintains, and upkeeps our villages. From structural insurance to exterior maintenance, we've got you covered every step of the way. Our dedicated team of staff and caregivers are committed to providing personalised support and care to meet the unique needs of each resident.

In essence, Life Rights offers retirees a secure and comfortable living arrangement, providing peace of mind, financial stability, and opportunities for social engagement and fulfillment. With Flower Foundation, retirement living is not just a chapter – it's a journey towards lifelong happiness. Join us and unlock your retirement bliss today!

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