AssetWize

Managing Aged-Care Assets is a
complex specialty.

New legislation like the NSW Retirement Villages Amendment Act 2020 requires owners and operators to pay special attention to the management of their property.

At AssetWize, we have the technical expertise and experience to assist you through any stage in the Asset Management Plan. 

We have a deep understanding of the Aged Care and Retirement Living property sector
and aim to provide you with the
right information
at the right time

OUR

APPROACH

Clear and concise reporting that helps minimise risk


 

AssetWize focus on partnering with our clients to generate clear and concise reporting and cost forecast outputs, tailored to align with your required financial information models. This ensures consistent delivery and minimises risk. AssetWize reduce the impact on their local resources and brings independence and consistency. 

We understand that we are working in people’s homes and exercise the due respect and consideration required working with the guidance of the management teams to ensure that the residents witness minimal disruption.

 

We hold all required ‘Police’ and ‘Working with Vulnerable People’ checks. Our calm flexible approach enables us to react quickly to any circumstances. Our friendly team of professionals brings a unique understanding of the Aged Care sector. 

Minimal disruption, respect and consideration for the Aged Care environment

HOW IT WORKS

COMPREHENSIVE REPORTS

Our detailed asset registers inform and devise lifecycle cost forecasts, which provide a clear breakdown of replacement costs for capital items and assets to help inform your Asset Management Plan.

These enable you to adapt to all stakeholders' rapidly changing demands, including the government, staff, and residents in the aged care sector. 

LONG TERM MANAGEMENT

The AssetWize information serves as the core of an Asset Management Plan and ensures that our clients are able to address the changing legislative requirements around medium and long-term budget forecasting, reporting, and maintaining asset values across their portfolio.

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CASE STUDIES

AgedCareClient
AgedCareCaseStudy
We develop comprehensive Life Cycle Cost forecasts that help you predict, acquire and maintain your Aged Care and Retirement Living property portfolio.
 
CONDITION AUDIT & LIFECYCLE ASSESSMENT
– AGED CARE PORTFOLIO, NSW

Due to changes in a recent amendment to the Retirement Village's Act 1999, the client, as an owner and operator of a large aged care portfolio, was required to develop and maintain an Asset Management Plan for each of their properties.

As such, the client identified the need to develop long-term site asset management plans and sought to procure condition appraisals and 20-year lifecycle cost plans for each of their sites.

The audit comprised an asset grab, condition and compliance review of the portfolio spread across a mix of care homes and independent living units across the state.

OUR APPROACH

AssetWize undertook thorough site audits of each property within the portfolio to record and prepare a detailed descriptive and photographic asset register to assist the client with understanding the extent of each property.
 

As part of the client’s need to understand any risks associated with the portfolio, we also provided succinct summary reports for each site, noting any significant items requiring urgent attention or major lifecycle expenditure during the reporting period.
 

AssetWize also provided the client with long-term expenditure forecasts for both anticipated lifecycle CAPEX and planned OPEX for the next 20-year period. The information was used to populate their Asset Management System and fulfil their long-term Asset Management Plan.

RSL CASE STUDY

RSL Client case study

WHAT'S NEXT?

Get all the information you need to make better strategic decisions about budgets and the ongoing maintenance requirements of your Aged Care and Retirement Living facility.

ASSETWIZE

CONTACT US

SOCIAL

Supporting property decision making through our technical understanding of the property 
life cycle.

assetwize.com.au

SYDNEY

Level 15 / 60 Margaret Street
SYDNEY NSW 2001

P 61 2 9299 6970
F 61 2 9262 5053

MELBOURNE
Level 24, 570 Bourke Street
Melbourne VIC 3000
P 61 416 540 539

CANBERRA

113 Canberra Avenue
GRIFFITH ACT 2603

P 61 2 6257 7766
F 61 2 6257 7888

info@assetwize.com.au

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