WAITOC wishes to develop a commercial business that incorporates Aboriginal culture and develop Aboriginal entreprenuers and business interested in supporting Aboriginal-owned businesses.
This commercial building will offer business mentoring and support particularly in the tourism sector as one part of its business. It will offer a service office for developing business leaders within the building. WAITOC will negotiate an anchor tenant with space for rent which will be leased using a triple-net lease to build a sustainable cashflow. The building will include a commercial kitchen which can be hired out for native bushfood production and product development and a commercial lab for developing cosmetics, and traditional medicines as part of the development. WAITOC is looking at possible partnerships with universities to further value add to traditional products produced. It will be an iconic Aboriginal business centre for innovation and culturalised industry development in the areas of tourism, health and manufacturing.
Investment sought: $10 - $40 million
More Project details will be updated soon.
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