The costs of building the 60 bed Aged Care Hostel

CAPITAL Construction Cost

Estimated total cost of the 60 Bed facility is made up as follows:

Land, Headworks, and Professional Fees $ 800,000- (eight hundred thousand dollars)
Construction Costs including Fit-out, Council and Professional Fees ,400,000-(four hundred thousand dollars)
Outfitting $ 800,000-(eight hundred thousand dollars)
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Total Estimated Costing Six Million Dollars-
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Funding Sources
Accommodation bonds for some Residents 2,500,000-(Two and one half million dollars)
Contribution from Good Samaritan Care (Qld Baptists Care) 2,550,000-(Two and one half million dollars)

Public Appeal
Fundraising Target $ 950,000-
Nine Hundred and fifty thousand dollars

RECURRENT
Once the hostel is built the operational costs will be met from Australian Federal Government grants, Resident's fees and Queensland Baptist Care.