Frequently Asked Questions
Can I keep and rent out the homes?
It’s your choice whatever you decide to do with the prize. You could move into the homes or and rent them out for an estimated income $156,000 a year, or sell them for the market value.
Do I have to pay tax if I sell?
You can sell the homes tax free at the prize value. If you sell at a higher rate than its value, then capital gains on the difference may apply. There may also be land tax implications but this is dependent on your personal circumstances. We advise the winner to contact a financial advisor for comprehensive tax advice relative to your personal circumstances.
If I win do I have to pay to travel to the homes?
First prize includes a $2,000 travel voucher that you can use to visit the homes!
If I win the Loyal Supporter Draw do I have to visit Ireland?
No. This is just where we'd love to travel to! The prize comes in the form of a Flight Centre voucher and gold bullion. It is completely up to you how you spend these items.
When were the villas built?
The villas were built in 2018.
What is the size of the villas?
Each villa is 326 sqm, with a total land size of 507 sqm.
Do the homes have wheelchair access?
Unfortunately the villas are three-storey, with no wheelchair access to the second and third levels.
Can I visit the homes?
Yes! The villas are open for viewing from 20th June - 31st July from 9am - 5pm (AEST) seven days a week. Come see the team at 230 Pacific Parade, Bilinga QLD 4225.
Is there parking?
Each villa has secure parking for two cars.
Can I have pets in the homes?
This is based upon application to body corporate.
What type of energy is connected?
There is electricity and gas connected.
Is there air conditioning?
Yes, there is ducted air conditioning throughout the villas.
Are the villas fitted with a security system?
Yes, the villas are fitted with back to base security systems.
How much are the rates, water and body corporate fees?
Included in first prize is $20,000 gold bullion which will cover rates, water and body corporate for the first 12 months.
Are legal fees covered for first prize?
Yes, legal transfer fees are paid for, valued at $2,750.