PRE, (and associated subsidiaries), is a Queensland focused, fully accredited Retirement Village & CTS Operator and is also a QBCC Licensed Builder & Boutique Property Developer, with its head office based in Brisbane CBD.

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PRE’s unique twin business model has the following unique advantages:

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• Provides PRE up to 18-months opportunity to buy back unsold units.

• Annual market average disposal rate currently well above 10% of the pooled number of units in each Village.

• Enhanced EBITDA is achievable from scalability.

• Residents’ fees pay cost of RV management staff.

• No GST, land tax or stamp duty under QLD RV Scheme.

• Or PRE retains the option to pay GST, land tax and stamp duty under the more traditional CTS model for Over 55's Resorts.

 

​Key Points of PRE’s unique, twin business model (f/- development activities)

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• produces significant cash flow from building RV units and is not reliant on external builder, cost & quality control

• offers an affordable housing model for new buyers

• as projects are generally a low-rise construction (i.e. single level), standard designs offer much low construction risk(s)

• as PRE targets lower-cost regional locations affordability can be maintained 

• Easily replicable "cookie-cutter' building approach conserves cash flow and increases roll-out productivity ​

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