Land Lease Living Explained

Question 1

What is a land lease community?

Accepted Answer

A land lease community is a modern, purpose-built residential community where you own your home outright but lease the land from the community operator. It's a smart, contemporary approach to independent living — one that removes the burden of land costs, stamp duty and exit fees, freeing you to enjoy a richer, more connected lifestyle.

Question 2

Is there a weekly site fee and what does the site fee cover?

Accepted Answer

Yes, there is a weekly site fee at Sovereign Rise.

Question 3

Am I eligible for rent assistance?

Accepted Answer

Many residents who receive a government pension are eligible for rent assistance, which can help reduce weekly site fees.

Question 4

Are there any body corporate or hidden fees?

Accepted Answer

No.

Question 5

Are there any exit or deferred management fees?

Accepted Answer

There are no exit or deferred management fees, and you keep 100% of any capital gain.

Question 6

Will it be a secure gated estate?

Accepted Answer

Yes.

Question 7

Do we have unlimited access to the Clubhouse Amenities facilities?

Accepted Answer

As a resident of Sovereign Rise, you'll enjoy full access to all community facilities during designated operating hours. The Clubhouse and amenities are yours to enjoy — that's what resort-style living is all about.

Question 8

Will there be caravan and boat storage?

Accepted Answer

Yes, subject to availability.

Question 9

Can I park my car or visitor's cars in the community?

Accepted Answer

Residents can park in their own driveway or garage, and visitor parking is available across the community — including 13 spaces at the Clubhouse. All driveways are 5.5 metres in length, providing additional space for a visiting friend or family member to park conveniently.

Question 10

Is the outdoor swimming pool heated?

Accepted Answer

Yes, the pool will be heated.

Question 11

What is the timing of the first homes?

Accepted Answer

The first homes at Sovereign Rise are anticipated to be complete in late 2027.

Question 12

Is the site affected by flooding?

Accepted Answer

Sovereign Rise is not located in a high-risk flood area, offering you added peace of mind.

Question 13

Do I pay stamp duty when purchasing?

Accepted Answer

No. There are no government charges such as stamp duty, and no additional costs for contract preparation.

Question 14

What laws protect home owners in land lease communities?

Accepted Answer

Your security as a home owner is protected by law. The Residential (Land Lease) Communities Act 2013 ensures that your site agreement remains in force regardless of any change in community ownership. The owner of the community must honour all the terms and conditions of your existing site agreement.

Question 15

Is Sovereign Rise pet friendly?

Accepted Answer

Your beloved family pet is warmly welcome. To ensure the comfort and enjoyment of all residents, we ask that each household keep to one pet, which is subject to approval under our community rules.

Sovereign Rise,
‍VIP Club

The benefits of being a VIP

First access to new homes

Exclusive VIP events

Be the first to know

Connection starts here

We’re here to guide  your next step

Sovereign Rise, ‍VIP Club