With exceptional communities in metropolitan locations right across south-east Queensland, we are focused on creating high quality living options that enable you to enjoy the retirement you deserve.
Aura Holdings was founded in 2016 by Tim Russell and Mark Taylor and has several luxury mid-rise retirement communities in various stages of council approval, development and operation in South-East Queensland. Together, Tim and Mark have chalked up more than 35 years working within the retirement living industry.
At Aura, this experience has taught us how important it is to focus on our residents. Happy residents are our number one priority and we structure our entire business to put their needs – now and in the future – ahead of all else.
In our view, ‘connectedness’ is a very important part of what we do. Our focus is therefore on fostering truly connected communities that are completely attuned and in tune with the way retirees want to live their lives.
That means in addition to creating a fun, receptive and inclusive environment within our retirement communities, we also value and leverage strong connections with both the local community as well as other businesses that are aligned to our vision to the benefit of our residents.
We knew there had to be a better way to approach retirement living. A way that didn’t require retirees to give up their independence. One built on honesty, mutual trust and respect, without the need for complicated fee structures and red tape. Each and every Aura community adheres to our three guiding principles of freedom, fairness and transparency. Here’s how it works.
We listen and empower.
We believe there’s a huge amount of satisfaction to be gained from being in control and cultivating a sense of ownership. Our residents have an important role to play in shaping the place in which they live; they’re encouraged to speak up and participate in the decision-making process.
We put people first.
We understand that happy, engaged residents are our greatest advocates. That’s why our business is centred around creating empowering, respectful environments that enrich retirees’ lives.
We make ourselves available.
Just like a true friend, our doors are always open. That means we’re always happy to talk about the way we do things and we’ll gladly make time to sit down and chat – whether you want a resident’s insight into the village life or a drink with the Directors.
We say ‘no’ to complicated hidden fee structures. We believe fees should be both fair and transparent. That’s why we have a straightforward 33% Deferred Management Fee capped at 5 years on the exit sale price, so you benefit from the growth in value of your apartment over time.
Residents have the ability to move within and between Aura villages at any time without restarting or incurring Deferred Management Fees. This means you can flexibly upsize or downsize to available apartments within your village as your needs change or move to another Aura village altogether.
Aura’s directors Tim Russell and Mark Taylor personally own and manage our villages and intend to remain intimately involved in their operation for the long term. This means you’ll have peace of mind knowing that you’ll always be in good hands with direct access to management who really care.
Our current developments are funded through a combination of debt and equity. The equity for each project has been raised from SC Capital Partners. SC Capital Partners is an institutional private real estate investment firm with property investments across the Asia Pacific region. It has invested over $3.4B USD of total capital through five institutional real estate funds. The firm is licenced by the Monetary Authority of Singapore to carry out the regulated activity of fund management as an accredited institutional investor fund management company. Debt on the existing projects has been raised through Bank of Queensland, CBA and ANZ.
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