“Damned if you do, damned if you don’t”, so build $75M-plus RACs

Building new aged care beds has doubled in cost in the past four years, jumping from $250,000 to $500,000-plus, while revenue has moved just a little and profit per bed ranges from negative to sub 10% positive return for the most efficient...

Lauren Broomham profile image
by Lauren Broomham
“Damned if you do, damned if you don’t”, so build $75M-plus RACs
Australian Unity’s Rathdowne Place in Carlton (Melbourne) with 161 beds
Lauren Broomham profile image
by Lauren Broomham

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