Overview
Property ID: LA-9624
- NDIS
- Property Type
- 3+OOA
- Bedrooms
- 4
- Bathrooms
- 2
- Cars
- 212
Details
Updated on Dec 16, 2024 at 04:18 pm
Property Type: | NDIS |
---|---|
Price: | $ 930,000 |
Land Price: | $ 364,000 |
Build Price: | $ 566,000 |
Gross Per Week: | $ 3,320 |
Gross Per Annum: | $ 172,624 |
Gross Yield: | 18.56% |
Capital Growth 12 Months: | 7.94% |
Capital Growth 10 Year Annualised: | 4.81% |
Vacancy Rate: | 13.43% |
Property Size: | 212 m2 |
Land Area: | 392 m2 |
---|---|
Bedrooms: | 3+OOA |
Bathrooms: | 4 |
Parking: | 2 |
Title Status: | March 2025 |
Property ID: | 9624 |
SKU: | 1036 |
Description
This 4-bedroom, 4-bathroom residential property in Mandalay Estate, Beveridge, features a modern, energy-efficient design with compliance to NDIS High Physical Support standards. It offers a full turnkey package with premium inclusions, ideal for investors seeking excellent returns or families requiring accessibility features.
Suburb Profile:
Beveridge is a fast-growing suburb in Victoria's Greater Melbourne Region, offering easy access to major highways, quality schools, and future infrastructure developments. The area provides a balance of suburban living with proximity to Melbourne CBD and expanding community facilities, making it a desirable location for residents and investors.
Site Inclusions - Site Works, Foundations & Connections:
- Engineer-designed slab for Class P sites
- Termite treatment
- Temporary fencing and site signage
- Rock excavation and removal allowance
Preliminary Inclusions:
- Soil test, survey, and building permits
- Energy rating report (minimum 7-star)
- Bushfire compliance (where applicable)
Internal Inclusions:
- 2740mm high ceilings
- Hybrid timber-look flooring and tiles in wet areas
- Stone benchtops in kitchen and bathrooms
- Built-in wardrobes with mirror sliding doors
- Semi-framed shower screens
- Water-resistant plasterboard in wet areas
External Inclusions:
- Brickwork with acrylic rendered features
- Concrete roof tiles and Colorbond gutters
- Aluminium framed windows with flyscreens
- Sectional Colorbond garage door with two remote controls
Landscaping Inclusions:
- Turf to front and rear gardens
- Drought-resistant planting and mulch
- Coloured concrete driveway and path to front porch
- Ground-mount folding clothesline and letterbox
Electrical Inclusions:
- White LED downlights throughout
- Multi-head split system air conditioning with individual room controls
- Block-out roller blinds for all windows
- RCD safety switch and smoke detectors
Appliance Inclusions:
- 600mm electric oven, cooktop, and undermount rangehood
- Double-drawer dishwasher
Upgraded Inclusions:
- Price does not include fire sprinkler system. Add $25,000 to the price for fire sprinkler system.
Energy Efficiency:
- 7-star energy rating
- PV solar system to meet energy requirements
Warranties:
- 10-year structural warranty
- 3-month maintenance warranty
This 4-bedroom NDIS-compliant property in Mandalay Estate, Beveridge, offers a complete turnkey solution with premium inclusions and modern accessibility features. It is a prime investment opportunity in a growing suburb with excellent future potential.
NDIS – SDA – High Physical Support
SDA Accommodation:
An SDA home, which stands for Specialist Disability Accommodation, is a type of housing designed to meet the specific needs of individuals with significant disabilities who require high-level support and specialised accommodation. Under the National Disability Insurance Scheme (NDIS), SDA aims to provide suitable housing options for participants with complex support needs.
High Physical Support Housing:
High physical support housing includes a high level of physical access for people who need very high levels of support. For example, you may need a ceiling hoist, backup power supply, or home automation and communication technology.
Benefits for Participants:
Improved Quality of Life: SDA homes are tailored to provide accessible and inclusive living environments, promoting independence, comfort, and safety for participants.
Benefits of the NDIS:
Cost Effectiveness: SDA aims to reduce the overall cost of disability support by providing suitable housing options. Offering appropriate accommodation can help prevent or minimise the need for more expensive, institutionalised care settings.
Benefits for the Community:
Inclusion and Accessibility: SDA homes create inclusive communities by providing accessible housing options for individuals with disabilities. This promotes social integration and enables participants to participate more fully in community life.
Benefits for Property Investors:
1. Sustainable Financial Returns: Investing in SDA homes can provide property investors with stable, long-term rental income due to the ongoing demand for specialised accommodation for individuals with disabilities.
2. Secure Tenancy: SDA homes often come with secure, long-term tenancy agreements, providing property investors greater stability and reduced vacancy rates.
3. Ethical and Social Impact: Investing in SDA homes allows property investors to make a positive social impact by supporting individuals with disabilities and creating inclusive communities.
4. Government Support: The NDIS provides financial incentives for property investors who choose to invest in SDA homes, offering potential financial benefits and enhancing the viability of such investments.
Overall, investing in SDA homes can offer property investors a combination of financial stability, social impact, and government support, making it an attractive investment option.
You can read more about NDIS/SDA here: https://ausinvestmentproperties.com.au/blogs/what-is-an-ndis-investment-property-and-why-you-should-seriously-consider-adding-one-to-your-portfolio-or-smsf
The rental income of this 3+1 SDA property has been quoted with two participants only, reflecting the realistic earning potential for this property.
Disclaimer*
All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.
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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.
Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.
Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.
SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.
This property is a single-contract property suitable for an SMSF.