Domain Drive, Beveridge VIC

Description

This 4-bedroom, 4-bathroom residential property in Mandalay Estate, Beveridge, features a modern, energy-efficient design with compliance to 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 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.

SDA – Specialist Disability Accommodation – 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. 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 SDA:

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: SDA 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.

The rental income of this 3+1 SDA property has been quoted with two participants only, reflecting the realistic earning potential for this property.