Eligibility Information
Minimum Age: 55+Asset Limit: $0 - $350000
Location Requirements:
Ingoing Cost: Asset tested
Residence Information
Housing Type: Independent Living UnitsDisability Access: Not Specified
Ability Level:
Pets: No Pets
Features:
6 ground floor one bedroom units
2 ground floor two bedroom units
Eligibility:
- 55+
- A letter from your doctor stating you can live independently
Financial information
- A one-off ingoing contribution is payable if you have more than $50,000 in assets.
- $50,000 – $150,000: 50% of assets above 50,000.
- $150,000 – $350,000: $50,000 maximum.
- Not eligible if assets exceed $350,000.
- Ongoing charge (referred to as rent) of a rental and maintenance fee paid every calendar month: 25% to 30% per persons income per calendar month.
- Ongoing rent includes council charges, water and maintenance of common garden areas.
- Excludes electricity, gas, phone and contents insurance.
Contact Details
PO BOX 134 East Melbourne Australia 80021300 698 624