Perth-based Fini Group and Aegis to deliver first stage of $200M village, aged care and Medihotel precinct

Published on

The family-run construction and property developer Fini Group will take the lead on the first stage of Landcorp’s Murdoch Health and Knowledge Precinct, 12km south of the Perth CBD, an integrated precinct which will include the WA Government’s promised 60-room Medihotel; a 150-bed aged care facility; a super medical clinic; short-stay accommodation; and 175 residential apartments, with 30% zoned as affordable housing.

Aged care provider Aegis will operate both the aged care facility and the Medihotel.

As we reported here, there is an acute need for aged care beds in WA, which often leads to a backlog of older patients in the state’s hospitals as there is simply nowhere else to move them.

Interestingly, the precinct development is not being funded or subsidised by the State Government however, with Fini Group director Adrian Fini telling the local paper that he hopes the Medihotel will make a profit.

The WA Government is championing ‘Medihotels’ alongside retirement villages and aged care. A ‘Medihotel’ is designed for patients that no longer need full-scale hospital treatment, but can’t return home.

The overnight cost is less than $200 versus $1,800 plus in a full hospital.

Share.