A solution to increasing costs of living in Tasmania has been unveiled by St Ann’s.

St Ann’s CEO Susan Parr said in the current economic environment it was time to
show leadership and offer solutions. St Ann’s is doing that at Verve – the unique
community development for over-55s on Hobart’s eastern shore.

“At Verve we are offering significant savings and ongoing peace of mind by providing
24 months of free energy to new residents,” Ms Parr said.

“After the 24 months, St Ann’s ongoing energy savings are passed onto the residents
of Verve, thanks to our innovative bulk purchasing and on-selling arrangements with
energy providers.

“In addition, we have made the decision for a limited time to introduce no exit fees, no
deferred management fee, and a 100 per cent return in capital gains for stages 1 & 2 of
our community, which equates to 14 homes that are available to the market now.

“The Verve one-stop-shop concept that our community offers to residents, provides
choice and embraces the latest in environmentally friendly, technological options and
product features that will look after our community now and into the future.

“We believe we already offer outstanding value with our innovative attention to
overcoming the standard costs of living, but we also wanted to lead the way and provide
further solutions that will benefit residents transitioning into Verve Community.”

For further information about Verve visit: www.vervecommunity.com.au.
St Ann’s Verve