From day one, we assisted in creating Waldreas Retirement Village’s success story. All the way from land purchase, design, and development, through to the successful sale of all units and subsequent resales.
Challenge
Waldreas Retirement Village was built from a greenfield and was to include independent units and an Aged Care facility. We assisted with this enormous challenge before land had even been secured for the development.
Solution
Construction began in 1998. We assisted in developing a facility that would be attractive from day one and would continue to be highly desirable long into the future, to ensure successful sales of independent living units.
We helped with architect selection, the creation of a floor plan to suit the market, the formation of legal documentation, the development of marketing campaigns, and assisted with the operational side of the village, advising strategy for online marketing and completing the ongoing sales.
Result
Amicum successfully secured both an Aged Care operator for Waldreas on a long-term lease and has also achieved 100% sell-out of all three stages of the Village, as well as successful continuation of unit resales as they re-enter the market.
The developer of Waldreas is now seeking Amicum’s counsel for future projects in both Retirement Living and Aged Care.