Social infrastructure
Centuria has completed $82m1 worth of social, affordable and dementia-care homes.
Centuria has completed $82m1 worth of social, affordable and dementia-care homes.
Throughout 2021, Centuria completed four affordable housing projects in partnership with one of Australia’s largest non-government community housing providers, Compass Housing Services and the NSW Department of Communities and Justice.
Servicing the NSW Central Coast, Newcastle and Lake Macquarie communities, the four developments provide 190 affordable homes, worth a collective c.$72m.
Centuria was responsible for sourcing the development sites, providing development funding and implementing its development expertise. The developments are part of the NSW Social and Affordable Housing Fund (SAHF). Centuria is acting in the capacity of Developer for each of the projects and has mitigated any risk by securing take out payments up front, for each project.
Centuria Healthcare has partnered with Group Homes Australia (GHA) to deliver independent lifestyle accommodation for those living with dementia. The Sydney-based properties buck the traditional institutional-style of care by providing sprawling, well-designed and well-appointed homes in a typical suburban setting.
TWO COMPLETED PROJECTS
More about these propertiesTO BE COMPLETED Q1 2023
More about this propertyEmail the Centuria Development Team for information regarding development opportunities.
1. As at 31 December 2020