We have 1 and 2 bedroom units plus villas which are situated in Upper Grant Street, Gardner Avenue and Nelson Street in Smithton and Main Road Stanley. We currently have 45 units in Upper Grant Street, 12 units in Nelson Street, 5 in Gardner Avenue and 5 in Stanley.
Note:
- Body Corporate fees, sometimes referred to as Rent vary for single occupants and couples.
- If higher Entry Contributions are paid the rental costs decrease.
Examples of Costing refer below:
1 Bedroom Unit
$10,000 Entry Contribution – Retention - 30% over 7 years
Body Corporate Fee (Single Occupant) = 25% of single pension (currently $860.20) $215.05 per fortnight / $15.36 per day.
2 Bedroom Unit
$25,000 (minimum contribution) Entry Contribution – Retention - 35% over 7 years
Body Corporate Fee (Single Occupant) = 32% of single pension ( Currently $860.20) $275.26 per fortnight / $19.66 per day. Body Corporate Fee (2 Occupants) = 24% of couple age pension (currently $1,296.80) $311.23 per fortnight / $22.23 per day.
Villa Unit
$150,000 (minimum contribution) Entry Contribution – Retention - 40% over 7 years
Body Corporate Fee (Single Occupant) = 19% of single pension (Currently $860.20) $163.44 per fortnight / $11.67 per day. Body Corporate Fee (2 Occupants) = 14% of couple age pension (currently $1,296.80) $181.55 per fortnight / $12.96 per day.
New Villa or RTO Unit
$250,000 (minimum contribution) Entry Contribution – Retention - 40% over 7 years capped at $200,000
Please Contact Us for more information in relation to these units.