St Aidans Presbyterian Property Trust
It became apparent last month that some members of the
congregation were not up to date with the details of how
Iona Close works and how it differs from most other
retirement housing options. ( A better deal !!) Recently there
have been several vacancies in the units, some of which
are now under contract. Colin Reid has kindly provided this
An introduction to Iona Close
St Aidan’s Presbyterian Property Trust was established in 1980/81 as a
Christian not for profit outreach project. The Trust provides ‘niche’
independent retirement housing for the elderly, with the worries of property
management lifted from their shoulders.
As a charitable organisation, run by volunteers, aiming to make very modest
surpluses which are reinvested back into the activities of the Trust. (The
Trusts “Statement of Service Performance” is available from Colin or the Ed).
The Trust is the owner of the property at 4 Woodside Ave., Northcote
comprising nine self-contained cottages.
Each cottage is available for persons over the age of 55 years of good health
on a ‘licence to occupy’ basis. Briefly each resident enters into an agreement
with the Trust to provide an interest free loan equating to the value of the
cottage. The Trust as part of that agreement provides the cottage in good order
and condition for the exclusive use of the resident. Further the Trust manages
the grounds and provides for the maintenance of the exterior of the cottages
so that a consistent and comprehensive standard of the Close is maintained.
Each cottage comprises two bedrooms (one double), a lounge dining area,
kitchen, laundry and lock-up garage (with automatic door opener). The
cottages are fully carpeted with vinyl, laminate board or tiles in the service
areas. Drapes and light fittings are provided by the resident.
The Trust acts as agent for the residents in the payment of rates, building
insurance, water, exterior security lighting, ground maintenance and exterior
maintenance. In turn each cottage is levied a ‘service charge’ to cover these
particular outgoings. The service charge is currently $525.00 per month. The
service charge is by automatic payment from the resident to the Trust and the
amount of the charge is reviewed annually and adjusted to actual expenses.
The resident is responsible for personal contents insurance and general
internal maintenance of the cottage together with the cost of power and
telephone. A handyman is available to the residents, and a gardener cares for
the grounds. However, those residents who wish may look after a small plot
outside their cottage.
The Trust repays the loan to a departing resident on the basis of the unit’s
current valuation, a unique provision for a retirement village. Other retirement
villages usually repay based on the original loan value. Consequently, over a
period of years the resident’s capital value is seriously eroded. When a
resident wishes to vacate a cottage the Trust, upon written notice, has the
cottage valued by an independent valuer to determine the CURRENT value of
the ‘licence to occupy’. The resident is paid a cash settlement of 85% of
current valuation, decreasing by 2% per year of occupation over the first five
years to 75% of market valuation. Note that repayment of the interest free
loan is not 85% to 75% of the original loan, but 85% to 75% of current value.
Vacated cottages are then refurbished before being made available to the next
No pets are permitted.
A copy of a standard residential agreement outlining financial responsibilities
of the resident and the Trust is available.
Intending future occupants wishing to be included on the waiting list are
encouraged to lodge their name and address via the Trusts e-mail
Feel free to contact the Trust’s Chairman Tim Wood, phone 021784472
No meeting in December but there will be a BBQ on Sat
Jan 19 hopefully on a warm dry summer’s evening.
Contact Dale: 428 3793 or email@example.com
who organises the bookings.
Contributions brought to the weekly Sunday services are
taken to the Salvation Army depot 430 Glenfield Road.
Most wanted items this month are UHT milk and women’s toiletries.
Also general pantry stocking before the holiday season.
NB Fresh fruit or vegetables e.g. potatoes, carrots, onions delivered to
the depot Monday, Wednesday, Friday mornings from 9.30 am would
be appreciated too.
The members of the Embroidery Group are holding their annual
display of work done during this year in the Lindisfarne Lounge on
Friday 7th December at 10.30 am.
Friends and members of the congregation are invited to attend to view
the embroideries and other handwork. Morning tea will be served.
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You are invited to a “Taste of India” evening
Adventurers and would be adventurers,
come and hear Rosemarie and David share some of the highlights of
their recent adventure in India,
at a fund-raising dinner in support of Lifeline.
Ever wanted to be a Maharaja or Maharani?
T onight’s the night
Feel free to come suitably attired – we will!
For $20 enjoy:
• A glass of wine/beer/juice and nibbles
• A two-course meal including desert
• A night of entertainment and fellowship
Please advise if you have any special dietary requirements.
We ask you to make a donation to Lifeline.
There will be a donation box and envelopes to enable tax deductible donation receipts.
Date: Saturday 8 December 2018
Place: St Aidans Presbyterian Church, 97 Onewa Road, Northcote
RSVP to Rosemarie – firstname.lastname@example.org by Friday 1 December
Please pay the meal cost of $20 per person on arrival
We meet again in the New Year, starting on Friday 15 February at 9.30
am. New members are welcome. Help is given by the other members.
Pat Reid, Embroidery Group
22 October 1928-24 November 2018
We are sorry to have to report the death this month of Yvonne who
has been a member of the church in Northcote all her life. We will
remember her passionate pursuit of social justice, her long term
involvement in the Guiding Movement and her keen interest in her
family and everything around her. Our thoughts and prayers are
with her family at this time.
Look wide and think of others.
FATHER THOMAS KEATING
March 7, 1923 – October 25, 2018
Father Thomas Keating who is regarded as the spiritual mentor of
our Come To Quiet group died on 25th October 2018 at St Joseph’s
Abbey in Spencer Massachusetts at the age of 95.
The October edition of The Contemplative Outreach Bulletin brings
tribute to him in this way:” He modeled for us the incredible riches
and humility born of a divine relationship that is not only possible
but is already the fact in every human being. Such was his
teaching, such was his life. He now shines his light from the
heights and the depths of the heart of the Trinity.”
Father Thomas was instrumental in developing the method of
Centering Prayer which we use during our meetings. He was a
great proponent of spiritual unity as this commentary from him on
Romans 12:5 bears out:
So we, though many, are one body in Christ
and individually parts of one another. Romans 12: 5
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” … This was Jesus’ way of manifesting the love of God – becoming
one with us in order that human beings might become one with
God … In the Christian tradition love is the bottom line: “Love God
with your whole heart, mind, soul and strength and your neighbor
as yourself.” The same God is in others as in us. All humans
basically are equal and, if they consent, are inserted into the
Mystical Body of Christ to serve each other and to build-up the
Body of Christ in every possible way.”
Fr. Thomas Keating, That We May Be One: Christian Non-Duality
We join with the world-wide community of practitioners of
Centering Prayer in mourning the passing of this great man.