This spacious 96m² three-bedroom first-floor unit at Eddy House offers comfortable and practical independent living for residents seeking extra space within a secure retirement community. The generous layout provides flexibility for entertaining, hobbies, or accommodating visiting family members while still enjoying a relaxed and low-maintenance lifestyle.
Residents benefit from access to transport services, nursing support, and a lively Service Centre that hosts a variety of social clubs, activities, and resident-led events. With supportive levy inclusions and a welcoming community atmosphere, this unit is ideal for residents looking to enjoy independent living with added peace of mind.
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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