THE RANGE VILLAGE AND THE BETHANY VILLAGE by lindayy

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									The Range Village
anD The BeThany Village




Mercy Aged Care Services                        Inclusions                                          Exit Fee
                                                Carpet and floor coverings, ceiling fans, wall      An exit fee is payable to Mercy Aged Care
has two retirement villages.                    heaters, electrical hot water system, electric      Services when leaving the Village based
The Range Village (34 units)                    oven and hotplates, emergency call system.          on the length of tenure in the Village.
                                                                                                    The minimum fee is 5% of the ingoing
located in the grounds of                       Emergency Call System                               contribution (purchase price of the Unit) with
McAuley Place at 263 Agnes                      There is an Emergency Call System installed         a maximum of 25% after 8 years. This means
                                                in units at both Villages. The operational          a guaranteed return of 75% of the purchase
Street, Rockhampton and                         features of the relevant system will be             price. For example, if you paid $200,000 for
Bethany Village (13 units)                      explained to you upon occupancy of the unit.        a unit and left after 8 years you would retain
located in the grounds of                       In both cases the system is designed to alert
                                                others to your difficulty and enable them to
                                                                                                    $150,000 of the purchase price.

Bethany at 75 Ward Street,                      summon assistance via 000. Staff from the           Insurance
Rockhampton.                                    residential facility on site will not necessarily   Tenants are responsible for contents insurance
                                                attend in person.                                   for their furniture and personal effects.
Units
In both Villages there are 1,2 and 3 bedroom    Fees                                                Legislation
units. Some have carports / garages.            A weekly fee, known as a General                    The operations of the Villages are covered
                                                Services Charge is applicable which                 by the Retirement Villages Act 1999.
Price Ranges                                    covers administration, gardening, minor
(Indicative Only – as at 17 August 2009)        maintenance, communal lighting, and building
Range Village units start around $140,000 for   insurance and rates. In addition a component
a one-bedroom unit, $200,000 for a two-         of the fee goes towards the Maintenance
bedroom unit and start at $250,000 for a        Reserve Fund for major capital items for the
three-bedroom unit. Units at Bethany start at   Village. The weekly fees for a one-bedroom
around $115,000. Actual sale price of a unit    unit range from $78.50 at Bethany to $73.00
will be calculated at the time of purchase.     at the Range Village.




The Bethany Village                             The Range Village
75 Ward Street, Rockhampton Qld 4700            263 Agnes St, Rockhampton Qld 4700
Telephone: (07) 4999 1400                       Telephone: (07) 4999 1400
Facsimile: (07) 4999 2707                       Facsimile: (07) 4999 1499

								
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