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NEW TO GROWTHWIRE? Growthwire is an investment and corporate venturing intelligence service meeting the unique needs of growth and alternative fund managers, CEOs and other business leaders. |
| Headline |
Capitlise on the high demand in aged care |
| Investment Stage |
Private Placement Early-Stage |
| Sectors |
Building - Construction Health & Safety - Nursing & Care Homes |
| Deal Value |
4,000,000 |
| Currency |
Australia - Au$ |
| Country/Region |
Asia Pacific Australia NSW |
| Summary |
Australia's population is now ageing rapidly, due to a continuing decline in fertility rates and a continuing extension to life expectancy. Over the next four decades, the number of older people will almost triple. Moreover, the older population will grow twice as fast as the total population during that period. These trends suggest increasing demand for aged care services.
The Company has recognised this need into the future and its objective is to build, develop and fund a 426 unit Retirement and Aged Care facility on the Central Coast, NSW. The Company substantial revenue streams are derived from recurring leasehold sales and 99% of construction profit; 50% share of ongoing deferred management fees; 25% share of ongoing capital gains of lease rollovers and own Management Rights on completion. The Company has secured RSL LifeCare as the facility operator with aged care expertise, retirement living experience and community care knowledge.
This presents a solid investment opportunity into the high growth aged care market, asset backed and operated by Australia’s oldest and most respected aged care operator.
The Company is seeking $1 million in Round one capital raising through a Redeemable Preference Share Offer with a return on capital within 5 years and a franked dividend of 25% plus 3% shareholding in the company through Ordinary Shares. The Company is seeking $3 million in Round 2 through a Redeemable Preference Share Offer with a return on capital within 5 years and a franked dividend of 22.5%.
An Offer Document is available for a comprehensive assessment of this Investment.
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