The State Government is seeking expressions of interest from developers, builders, not-for-profit organisations and service providers to develop the Manjimup Seniors Living Project.
Housing Minister Colin Holt said the project would enable Manjimup seniors to remain in their community through affordable, age-friendly housing options close to services and amenities.
"The Manjimup Seniors Living Project will offer a mix of rental and ownership opportunities including shared equity, rent to buy, defined lease and lease for life options," he said.
"Seniors with varying income and assets will have a place to call home, with secure tenure."
Formerly the Manjimup Primary School site, Lot 319 Moore Street is situated less than one kilometre from the town centre and is near existing and planned facilities.
"The site was selected due to its close proximity and ease of access to the town's library and community centre, Silver Chain and physiotherapy services, a new seniors' wellness and respite community centre, Home and Community Care service and GP practices," Mr Holt said.
The State Government has contributed the site to the project, owned in freehold by the Housing Authority and valued at about $750,000. The Shire of Manjimup also secured $2 million through the State Government's Royalties for Regions' Regional Grants Scheme.
Regional Development Minister Terry Redman said it was important to provide regional seniors with the opportunity to remain in their communities.
"Addressing the needs of an ageing population is a responsibility shared across the whole of government and community," Mr Redman said.
"I am pleased to see the Royalties for Regions program transforming the delivery of health and aged care services throughout regional WA to ensure the sustainability of our regional communities."
The Manjimup Seniors Living Project addresses a key focus area in the Government's Affordable Housing Strategy, to stimulate the supply of housing for seniors, including a range of affordable and appropriate rental, long-term lease and ownership options.
25,174sqm site is bound by Moore, Mount, Collier and Rutherford streets
The State Government will conduct a two-stage procurement process, with EOIs closing at 2.30pm WST on April 14, 2016
A preferred proponent will be announced later this year
Housing Minister's office - 6552 6100
Regional Development Minister's office - 6552 6700