Fairleads Retirement Village cottages are charming 63m² one-bedroom cottages designed for comfortable and low-maintenance retirement living. Situated within a secure and beautifully maintained village, this cottage offers the ideal balance between independence, privacy, and community connection.
These cottages feature a welcoming living and dining area, separate kitchen, bathroom with shower, and a north-facing patio perfect for relaxing outdoors. A covered laundry yard adds practical convenience, while the pet-friendly policy allows for one small dog or cat.
Residents also enjoy access to a range of lifestyle and wellness amenities, including a clubhouse, library, indoor and outdoor gym facilities, clinic support, and optional care services available within the village.
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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