Frequently Asked Questions
Can I keep and rent out the home?
It’s your choice whatever you decide to do with the prize. You could move into the home or and rent it out for an estimated income $47,840 a year, or sell it for the market value..
Do I have to pay tax if I sell?
You can sell the home 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 home?
First prize includes a $2,000 travel voucher for you to use to visit the home.
If I win the Loyal Supporter Draw do I have to visit Europe?
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 home was built in 2015
What is the size of the home?
House: 306 SQM Land: 440 SQM
Do the homes have wheelchair access?
Yes, but there are stairs to get up to the first level of the home and also down to the pool./p>
Can I visit the home?
Yes! The prize home will be open from 9am-5pm (AEST), seven days a week from 18th April – 28th May, except for 25th April when the home will be closed.
Is there parking?
The house features a secure garage for 2 cars.
Can I have pets in the homes?
Yes, it's a house so if you win it's up to you!
What type of energy is connected?
There is electricity and gas connected.
Is there air conditioning?
Yes, there is air conditioning throughout the home.
Is the home fitted with a security system and intercom?
Yes, the house has security and intercom systems.
How much are the rates and water?
Included in first prize is $4,902 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 $1,375.