This spacious 72m² first-floor unit at Eddy House offers practical and low-maintenance independent living within a secure and established retirement community. Ideal for residents looking to simplify their lifestyle while remaining active and connected, the unit provides comfort, convenience, and access to a range of support services.
Residents enjoy access to transport to nearby shopping centres, nursing support during the week, and a lively Service Centre that hosts clubs, activities, and resident-led social events. With levy inclusions covering essential services and maintenance, this unit provides peace of mind and an easy retirement lifestyle in a welcoming community setting.
Most Life Rights models include a retention when a unit is vacated, but how that retention is structured is what really matters. At Methodist Homes, our Life Rights repayment model is designed to be fair, transparent, and time-based, rather than vague or heavily weighted upfront. MHA uses a pro-rated sliding scale of 10% per year of occupation, up to a maximum of 50% after 5 years. What this means: Year 1 → 10% retention Year 2 → 20% retention Year 3 → 30% retention Year 4 → 40% retention Year 5+ → capped at 50% retention MHA doesn’t just calculate annually, our model also works monthly. An additional 0.833% per month is applied, meaning If someone occupies a unit for 2 years and 4 months, the retention would be approximately 23.33%
Levies at Methodist Homes, specifically in Life Rights Retirement Villages and independent-style rental units are designed to cover the day-to-day running and support services of the village, but excludes electricity, water and municipal rates.
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