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sounds like a lease-for-life with a MASSIVE exit fee. i'm involved with www.collegepark.com.au and it's just a simple strata with a body corp managed community centre. it's your to own for life, pass down, etc lease for life is just disgusting.

http://www.collegepark.com.au college park is strata titled with all the amenities - leave it to your kids. but a lease-for-life = rip off. no way i could put anyone into that product.