Seventh-day Adventist Aged Care NNSW (SDAAC NNSW) committed to a corporate strategy to grow their business through the acquisition of a new retirement living and aged care site within their region.
Marketability was engaged in late 2011 to facilitate the identification and acquisition of a new development site. Our comprehensive Development Consulting services included – Hot Spot Analysis, Site Evaluation, Due Diligence, Financial Modelling, Bid Negotiations and Contract Settlement Services.
As a result, in December 2012, the organisation was successful in purchasing two DA approved retirement village sites in Lake Macquarie at a significant discount on current market valuations, exceeding client expectations.
Marketability has managed the development of these villages on behalf of SDAAC NNSW, gaining modified DA’s and delivering additional new units and profits at each site.