Serviced apartments can provide you with a more affordable way to live and, in certain circumstances, the services and accommodation may be GST free.
Serviced apartments are suitable for older people who wish to live in a supported environment where services such as laundry, linen, meals and cleaning are provided on a fee-for-service basis. The form that a resident’s right to occupy a serviced apartment typically takes is a loan / licence agreement, which is similar to a loan / lease agreement.
A key benefit is that you can remain living in your serviced apartment even if your care needs increase, in the comfort of safe, secure and familiar surroundings.
Some extra care services may be provided at an additional cost. These may include services such as assistance with showering and personal grooming. It is important that you check with the respective village what services are included when considering moving to a serviced apartment.