10 Year Rate Rebate on Independent Living Units
22 May 2013
Council Grants 10 Year Rate Rebate on Independent Living Units
Council has agreed to grant a ten year rate rebate to the purchaser of its independent living units in Beaumaris and Sandringham. The rate rebate has been granted to Mecwacare and will apply from the date of settlement.
The request for the 10 year rate rebate was outlined in Megwacare’s successful tender submission.
The annual rates payable on the two properties is approximately $5,000 per annum.
The decision to sell the independent units to Mecwacare, a not for profit agency with a 50 year track record of providing aged and disability services including community housing, was agreed by Council in November last year after it received a guarantee that the two sites will be used for independent living now and into the future, and that priority of access would be given to Bayside residents or people with strong links to Bayside.
The sale underwent an open competitive tender process and will deliver a $3.7 million investment to upgrade the facilities and increase the number of units by 56 per cent.
As part of the purchase agreement Mecwacare has a ten year plan for renovations including demolishing the 10 units at Sandringham in three years and rebuilding 20 units in their place, subject to normal planning approval processes.
During reconstruction, residents will be temporarily relocated to available units in Beaumaris or to Mecwacare’s community housing facility in Glen Iris with the first option to then move back to the rebuilt Sandringham units.
When the sale was announced Mayor Stephen Hartney said that the smooth passage of the sale provided much needed certainty for the residents of the units “while responding to the growing need for social housing in Bayside”.
Existing tenancy rentals will remain unchanged until the unit improvement works are completed with rentals then to be individually renegotiated and based on equivalent public housing rental rates.
“Part of the purchase agreement was that all tenants have an individual plan for their accommodation and service needs,” said Mayor Hartney.
“Existing tenancy rentals will remain unchanged until the unit improvement works are completed with rentals then to be individually renegotiated and based on equivalent public housing rental rates.”
Page last updated: 27 May 2013