“The Terraces” residential care home was completed in 2019 and is located in the highly sought-after suburb of Paddington in Sydney’s Eastern Suburbs. A stunning, interior-designed, purpose-built facility.
The Terraces residential aged care home, located in Paddington in Sydney’s Eastern Suburbs, is a stunning, interior-designed, purpose-built home. Opened in 2019, The Terraces is situated less than 500 metres to St. Vincent’s Hospital, is within five minutes’ walking distance to shops, cafés and galleries and is in close proximity to Rushcutters Bay.
With accommodation for up to 100 residents, the Terraces is available for permanent residential care, providing the highest standard in dementia and palliative care. The Terraces Residential Aged Care home offers a mix of private and shared bedrooms many with their private ensuite, as well as a variety of lounge, dining and activity spaces for residents to relax, engage and enjoy. The memory support unit has accommodation for 23 residents, with a private secure garden for residents to freely and safely enjoy the outdoors.
Delicious, freshly made meals are prepared daily using the freshest quality ingredients by in-house chefs. The menus are changed seasonally with input from residents.
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Residential accommodation create their fees based on a RAD (Refundable Accommodation Deposit) and a daily rate. Many facilities will negotiate these fees. Use the calculator below to see how a lower RAD can be offset by a highly daily rate
Drag the slide to calculate accurate room costs in the table below.
| Room type | Cost | |||
|---|---|---|---|---|
Shared room with shared bathroom Shared room with No ensuite 24.00m2 – 33.80m2 | $595,000
maximum RAD | or | $126.82
maximum Daily rate | |
Single room shared bathroom Single room with No ensuite 24.00m2 – 25.80m2 | $695,000
maximum RAD | or | $148.14
maximum Daily rate | |
Single room private ensuite Single room with Private ensuite 24.00m2 – 34.20m2 | $895,000
maximum RAD | or | $190.77
maximum Daily rate | |
Single room private ensuite Single room with Private ensuite 24.00m2 – 0.00m2 | $970,000
maximum RAD | or | $206.76
maximum Daily rate | |
Single room private ensuite Single room with Private ensuite 24.00m2 – 26.60m2 | $1,255,000
maximum RAD | or | $267.50
maximum Daily rate | |
The information which is summarised herein does not constitute financial or other professional advice and is general in nature.
It does not take into account specific circumstances and should not be acted on without full understanding of your current situation.
Any objectives should be discussed with an Aged Care Financial Advisor.