Seniors lifestyle accommodation
Like the rest of Australia, the Northern Territory (NT) is experiencing an increase in the proportion of seniors living or working in our community. As this occurs, Territorians are seeking a greater range of housing options to live independently, in a safe environment, and with access to care and community support.
The NT Government engaged KPMG to undertake a market analysis into the development of seniors’ lifestyle accommodation in Alice Springs, the Darwin urban area and the Darwin rural area.
KPMG found that there is demand for seniors’ accommodation in the Darwin rural, Darwin urban and Alice Springs areas.
The NT Government undertook competitive market processes with a view to engaging proponents to develop and operate seniors’ lifestyle accommodation in the three areas.
The NT Government’s objectives were to develop new seniors’ lifestyle accommodation that delivered value for senior Territorians while being commercially sustainable.
The market processes have concluded. The proposals sought significant financial contributions to the development by the NT Government.
Following detailed consideration, the proposals did not represent value for the Territory and the NT Government has declined all proposals.
While government will not be actively pursuing these specific development opportunities, it remains open to engaging with the private sector to facilitate sustainable development of new seniors’ lifestyle accommodation options. Interested parties are encouraged to contact the Investment Territory team at email@example.com or 08 8999 5091.
Last updated: 15 February 2021
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