Land Lease
Understanding how the land lease model works is an important step in exploring life at Ashcroft. Our team is here to guide you in a clear and considered way, helping you feel confident in how it supports both your lifestyle and financial future.
Land lease
A smarter, simpler way to own your home
Buying in a Millbray land lease community means owning your brand-new home while leasing the land, giving you fewer upfront costs and no stamp duty.
With transparent weekly fees, no exit charges, and the ability to keep 100% of your capital gains, it’s a model that brings clarity, confidence, and more room to enjoy the life you want.
Our land lease model
The Millbray model is designed to take complexity out of the equation. It’s a clear pathway that helps you plan ahead with certainty and focus on the things that really matter: living well, connecting with others, and enjoying the rewards of your next chapter.
A brand new home
Owning a home in Ashcroft means it’s truly yours. You’ll enjoy the same peace of mind and financial benefits as traditional home ownership — including keeping all capital gains.
Less up-front costs
Because you’re buying the home, not the land, there’s no stamp duty to pay. That means fewer upfront costs and a simpler path to ownership. You’ll only consider the usual home purchase fees like conveyancing or legal costs.
More peace of mind
The land lease model offers transparency and clarity at every stage — with straightforward costs, no hidden fees, and confidence in what you’re paying for.
Costs
Buying in a Millbray land lease community is a little different, and a lot smarter. Instead of purchasing both the house and the land, you buy your brand-new home and lease the land from Millbray.
It’s just the purchase price of your new home. And because there’s no stamp duty, you get to keep more of your hard-earned savings.
Residents pay a simple weekly site fee that covers the upkeep of the community and access to all resort-style facilities. You enjoy beautifully maintained spaces without the hassle of strata committees or annual extras like property rates. Depending on your circumstances, you could be eligible to receive Government Rent Assistance to help with your weekly site fee. Our team can guide you to the right information and resources to see if you qualify.
When you sell, there are no exit fees. You keep 100% of any capital gains, giving you control and confidence for the future. And because the choice is entirely yours, you’re never locked in — if life takes you in a new direction, you have
the flexibility to sell your home, move on, and take the gains with you.
A simpler way to buy
The journey into your new home should feel exciting, not overwhelming. That’s why we’ve created a purchase process that’s refreshingly straightforward — no hidden hurdles, no progress payments, just helpful support every step of the way.
Step 1
Find your perfect fit
Visit our display homes, explore fittings and finishes at Millbray House, and chat with our friendly team. We’re here to help you discover the community and home that feels just right for you.
Step 2
Secure your home
All Millbray homes are architect-designed and expertly built. Once you’ve chosen the one that’s right for you, a once-off deposit secures it — and with no progress payments, you won’t be out of pocket while your home is being completed.
Step 3
Sign your contract
We understand you may need to sell your current home before making the move. With our Subject-to-Sale option, you can take your time and enjoy peace of mind. We’ll work with you and your real estate agent to make things smooth and stress-free.
Step 4
Home settlement
Once your new home is complete, settlement is the moment it becomes officially yours. And as the owner-operator, we’re here long after move-in day — with on-site community managers ready to support you whenever you need.
Frequently Asked Questions
Our land lease model is a straightforward and transparent way to live. You own your beautiful, premium-quality home outright, but lease the land it sits on. This means you avoid stamp duty and retain more of your capital for your retirement. It’s a secure, trusted, and low-complexity approach designed to give you peace of mind.
Yes. When you buy with Millbray, you own your home outright. The only difference is that instead of buying the land, you lease it — which can make the purchase more affordable.
No. Because you’re not buying the land, there’s no stamp duty payable on your home purchase. That’s money that stays in your pocket.
Residents pay a transparent weekly site fee. This covers the upkeep of the community so you can enjoy all the amenities without the hassle of managing them yourself.
No. There are no exit fees. When you sell your Millbray home, you keep all the capital gains. This offers complete flexibility should you decide to move in the future.
You are, just like in any home you own. But all the shared spaces and community areas — from gardens to pools to clubhouses — are maintained by Millbray, so they’ll always look their best without you having to lift a finger.
Each community has an on-site Millbray community manager. They’re here to listen,
help, and ensure everything runs smoothly — from keeping facilities pristine to supporting a vibrant community life.
No. Millbray communities are designed for owner-residents who are part of the neighbourhood. That’s how we protect the close-knit feel and sense of security our residents value.
Absolutely. Your home is yours to share. Friends and family are welcome to visit and stay over — it’s part of what makes community life richer.
Yes. Pets are part of the family, and they’re welcome at Millbray. Our communities are designed with walking paths, open spaces, and friendly neighbours who understand that life feels fuller with a four-legged companion. Millbray also has a straightforward pet policy — making sure your pet is well suited to community life and ensuring the comfort of all residents.
Start your Ashcroft journey
Ready to take the next step? Our team is here to answer questions, help you compare home options, and guide you through the land lease model at your own pace.