Hi guy’s,
Has anybody here developed a set of retirement homes?
i am kinda interested on doing so. i tried to do a research but i got an ample of info.
actually, i just wanted to ask about the costing per unit when building a retirement homes.
does it needs to be near hospitals?
and what property/properties needed to be build with it.
any reference would be very much welcome.
with much gratitude.
Jack
I’ve never developed a nursing home before, but I have worked as a nurse in one, and all I can say is that it should be within a 10-minute drive to a nearby hospital so that if any emergencies happen it can be handled adequately.
Technically you aren’t required to build any properties besides the housing units but you should add a common room where people can gather and a lounge area.
Are you talking retirement villages or the SEPP5 (NSW) housing for over 55's?
According to some latest construction rates it appears:
Single story self care housing units with medium standard finish air conditioning is around $1900 sqm for Sydney
Nursing home built as homes, single storey and central care units for Sydney around $2000 sqm
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