PROCUREMENT MANAGEMENT & DUE DILIGENCE

MARRARA RETIREMENT LIFESTYLE VILLAGE

Description

The project objective was to deliver a high quality and architecturally designed tropical housing resort that is affordable, and specifically aimed at medium-income retirees. An innovative housing tenure model was considered that removes the land component cost through the provision of a long-term lease of the land.

The proposed dwellings follow a contemporary theme and will be architecturally designed to a high standard, modelled on “Rural Tropical Homes” and constructed to the relevant cyclone and quality standards.

The Client acted as the developer to consider 99-year leasehold lots as part of a masterplanned lifestyle accommodation resort. The vision for the project included a fully integrated community designed around a “rural village” styled hub of the community centre. The project was designed exclusively to over 55-year old’s who are looking to downscale from a large rural or family property.

The masterplan included a Community Centre that is co-located with a publicly accessible Child Care Centre, which increased the viability of the project through additional revenue streams.

The estate included a range of ‘single’ dwelling type, freestanding and semi-detached homes. The housing placement and diversity of home types will provide seniors with options suited to their mobility and lifestyle. This entails fencing that provides privacy, minimal maintenance landscaping and building forms that induce cross-ventilation and interbuilding shading.

Pedestrian accessibility to open space areas and the Community Centre, and the visual aesthetic of a rural estate, has formed the basis of design for the road network. This entails a low speed environment of 8 km/hour conducive to walking (rather than vehicles) produced through narrow roads. The road profile is 5m wide and excludes kerb and gutters.

Stormwater infrastructure is within the road seal area to reduce the need for drainage swales in verges. These design philosophies produce an environment that provides more spaces for landscaping in verges rather than footpaths, and allow pedestrians to access various areas of the estate via a dedicated footpath in the open space network, or meander along the slow speed road network.

Details

Project
Marrara Retirement Lifestyle Village

Principal
Confidential (Private developer)

Role
Procurement management and due diligence

Our role

Louw Group undertook the due diligence, project feasibility modelling, stakeholder engagement and consultant management activities to deliver prepare a project acquisition request via a competitive process.